ANGICO: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
ANGICO
Largest movements
- Tangible fixed assets +€34,888
up €34,888 (+880.7%), from €3,962 to €38,850
- Cash +€2,633
up €2,633 (+30.9%), from €8,523 to €11,156
mainly Debts after one year (+€27,375) and Depreciation (+€7,629)
- Debts after one year +€27,375
up €27,375, from €0 to €27,375
- Trade debts +€7,147
up €7,147 (+97.0%), from €7,366 to €14,513
- Current portion of long-term debt +€5,421
up €5,421, from €0 to €5,421
- Profit (loss) carried forward -€3,588
down €3,588 (-9.0%), from €39,975 to €36,387
- Tax, wage and social debts +€1,345
up €1,345 (+34.1%), from €3,938 to €5,283
- Purchases and services +€172,244
new in 2024: €172,244
- Turnover +€170,046
new in 2024: €170,046
- Depreciation +€5,643
up €5,643 (+284.2%), from €1,986 to €7,629
- Gross operating margin -€3,329
down €3,329 (-21.4%), from €15,540 to €12,210
From the 2023 result to the 2024 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €51,779 | €89,479 | +€37,701 | +72.8% |
| Fixed assets | 21/28 | €3,962 | €38,850 | +€34,888 | +880.7% |
| Tangible fixed assets | 22/27 | €3,962 | €38,850 | +€34,888 | +880.7% |
| Furniture and vehicles | 24 | €3,962 | €38,850 | +€34,888 | +880.7% |
| Current assets | 29/58 | €47,817 | €50,629 | +€2,812 | +5.9% |
| Amounts receivable within one year | 40/41 | €38,695 | €39,014 | +€319 | +0.8% |
| Trade receivables | 40 | €33,287 | €30,327 | -€2,960 | -8.9% |
| Other amounts receivable | 41 | €5,409 | €8,687 | +€3,279 | +60.6% |
| Cash at bank and in hand | 54/58 | €8,523 | €11,156 | +€2,633 | +30.9% |
| Deferred charges and accrued income | 490/1 | €599 | €459 | -€140 | -23.4% |
| Total equity and liabilities | 10/49 | €51,779 | €89,479 | +€37,701 | +72.8% |
| Equity | 10/15 | €40,475 | €36,887 | -€3,588 | -8.9% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Capital | 10 | €500 | €500 | = | 0.0% |
| Issued capital | 100 | €500 | €500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €39,975 | €36,387 | -€3,588 | -9.0% |
| Amounts payable | 17/49 | €11,304 | €52,593 | +€41,288 | +365.2% |
| Amounts payable after more than one year | 17 | €0 | €27,375 | +€27,375 | |
| Financial debts | 170/4 | €0 | €27,375 | +€27,375 | |
| Amounts payable within one year | 42/48 | €11,304 | €25,218 | +€13,913 | +123.1% |
| Current portion of amounts payable after more than one year | 42 | €0 | €5,421 | +€5,421 | |
| Trade debts | 44 | €7,366 | €14,513 | +€7,147 | +97.0% |
| Suppliers | 440/4 | €7,366 | €14,513 | +€7,147 | +97.0% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €3,938 | €5,283 | +€1,345 | +34.1% |
| Taxes | 450/3 | €3,938 | €5,283 | +€1,345 | +34.1% |
| Turnover | 70 | - | €170,046 | +€170,046 | |
| Non-recurring operating income | 76A | €155 | - | -€155 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €172,244 | +€172,244 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,986 | €7,629 | +€5,643 | +284.2% |
| Other operating charges | 640/8 | €468 | €1,752 | +€1,284 | +274.5% |
| Non-recurring operating charges | 66A | €63 | - | -€63 | |
| Gross operating margin | 9900 | €15,540 | €12,210 | -€3,329 | -21.4% |
| Operating profit (loss) | 9901 | €13,024 | €2,830 | -€10,194 | -78.3% |
| Financial income | 75/76B | €13 | €381 | +€368 | +2914.6% |
| Recurring financial income | 75 | €13 | €381 | +€368 | +2914.6% |
| Financial charges | 65/66B | €147 | €1,755 | +€1,608 | +1092.2% |
| Recurring financial charges | 65 | €147 | €1,755 | +€1,608 | +1092.2% |
| Profit (loss) for the period before taxes | 9903 | €12,889 | €1,455 | -€11,434 | -88.7% |
| Income taxes | 67/77 | €3,942 | €5,043 | +€1,101 | +27.9% |
| Profit (loss) for the period | 9904 | €8,947 | -€3,588 | -€12,534 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,947 | -€3,588 | -€12,534 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.