ANGIL: what changed
Two financial 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.
ANGIL
Largest movements
- Tangible fixed assets -€14,462
down €14,462 (-23.8%), from €60,773 to €46,311
- Cash -€11,263
down €11,263 (-16.6%), from €68,021 to €56,759
mainly Contributions, distributions and other (-€35,246) and Current investments (-€8,496)
- Current investments +€8,496
up €8,496 (+3.4%), from €251,504 to €260,000
- Other debts +€9,533
up €9,533 (+18,217%), from €52 to €9,585
- Profit (loss) carried forward -€9,046
no longer reported in 2025 (was €9,046)
- Contributions -€6,200
no longer reported in 2025 (was €6,200)
- Tax, wage and social debts -€6,092
down €6,092 (-71.5%), from €8,521 to €2,429
- Reserves -€4,927
down €4,927 (-1.4%), from €356,237 to €351,310
- Gross operating margin -€55,766
down €55,766 (-63.5%), from €87,832 to €32,066
- Taxes -€18,982
down €18,982 (-69.7%), from €27,250 to €8,267
- Depreciation +€2,925
up €2,925 (+25.4%), from €11,536 to €14,462
- Financial income -€1,567
down €1,567 (-20.0%), from €7,827 to €6,261
From the 2024 result to the 2025 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.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €380,298 | €363,510 | -€16,788 | -4.4% |
| Fixed assets | 21/28 | €60,773 | €46,311 | -€14,462 | -23.8% |
| Tangible fixed assets | 22/27 | €60,773 | €46,311 | -€14,462 | -23.8% |
| Furniture and vehicles | 24 | €60,773 | €46,311 | -€14,462 | -23.8% |
| Current assets | 29/58 | €319,525 | €317,200 | -€2,326 | -0.7% |
| Amounts receivable within one year | 40/41 | - | €441 | +€441 | |
| Other amounts receivable | 41 | - | €441 | +€441 | |
| Current investments | 50/53 | €251,504 | €260,000 | +€8,496 | +3.4% |
| Cash at bank and in hand | 54/58 | €68,021 | €56,759 | -€11,263 | -16.6% |
| Total equity and liabilities | 10/49 | €380,298 | €363,510 | -€16,788 | -4.4% |
| Equity | 10/15 | €371,483 | €351,310 | -€20,173 | -5.4% |
| Contributions | 10/11 | €6,200 | - | -€6,200 | |
| Reserves | 13 | €356,237 | €351,310 | -€4,927 | -1.4% |
| Distributable reserves | 133 | €356,237 | €351,310 | -€4,927 | -1.4% |
| Profit (loss) carried forward | 14 | €9,046 | - | -€9,046 | |
| Amounts payable | 17/49 | €8,815 | €12,200 | +€3,385 | +38.4% |
| Amounts payable after more than one year | 17 | - | €186 | +€186 | |
| Trade debts | 175 | - | €186 | +€186 | |
| Amounts payable within one year | 42/48 | €8,815 | €12,014 | +€3,199 | +36.3% |
| Trade debts | 44 | €242 | - | -€242 | |
| Suppliers | 440/4 | €242 | - | -€242 | |
| Taxes, remuneration and social security | 45 | €8,521 | €2,429 | -€6,092 | -71.5% |
| Taxes | 450/3 | €8,521 | €2,429 | -€6,092 | -71.5% |
| Other amounts payable | 47/48 | €52 | €9,585 | +€9,533 | +18,217% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,536 | €14,462 | +€2,925 | +25.4% |
| Other operating charges | 640/8 | €686 | €387 | -€299 | -43.5% |
| Gross operating margin | 9900 | €87,832 | €32,066 | -€55,766 | -63.5% |
| Operating profit (loss) | 9901 | €75,610 | €17,217 | -€58,393 | -77.2% |
| Financial income | 75/76B | €7,827 | €6,261 | -€1,567 | -20.0% |
| Recurring financial income | 75 | €7,827 | €6,261 | -€1,567 | -20.0% |
| Financial charges | 65/66B | €172 | €137 | -€34 | -19.9% |
| Recurring financial charges | 65 | €172 | €137 | -€34 | -19.9% |
| Profit (loss) for the period before taxes | 9903 | €83,266 | €23,340 | -€59,925 | -72.0% |
| Income taxes | 67/77 | €27,250 | €8,267 | -€18,982 | -69.7% |
| Profit (loss) for the period | 9904 | €56,016 | €15,073 | -€40,943 | -73.1% |
| Profit (loss) for the period to be appropriated | 9905 | €56,016 | €15,073 | -€40,943 | -73.1% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.