ANGILES: 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.
ANGILES
Largest movements
- Cash -€811,255
down €811,255 (-90.4%), from €897,872 to €86,618
mainly Current investments (-€800,000) and Net result for the year (-€10,867)
- Current investments +€800,000
up €800,000 (+88.9%), from €900,000 to €1.7m
No liability line moved by more than 1% of the balance sheet total.
- Financial income -€29,030
down €29,030 (-88.0%), from €32,981 to €3,951
- Taxes -€7,083
down €7,083 (-100.0%), from €7,083 to €0
- Gross operating margin -€3,997
down €3,997 (-40.9%), from -€9,771 to -€13,768
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.
Cash bridge derived
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 | €1,802,215 | €1,790,635 | -€11,580 | -0.6% |
| Current assets | 29/58 | €1,802,215 | €1,790,635 | -€11,580 | -0.6% |
| Amounts receivable within one year | 40/41 | €4,343 | €4,018 | -€325 | -7.5% |
| Other amounts receivable | 41 | €4,343 | €4,018 | -€325 | -7.5% |
| Current investments | 50/53 | €900,000 | €1,700,000 | +€800,000 | +88.9% |
| Cash at bank and in hand | 54/58 | €897,872 | €86,618 | -€811,255 | -90.4% |
| Total equity and liabilities | 10/49 | €1,802,215 | €1,790,635 | -€11,580 | -0.6% |
| Equity | 10/15 | €1,178,220 | €1,167,353 | -€10,867 | -0.9% |
| Contributions | 10/11 | €357,100 | €357,100 | = | 0.0% |
| Outside capital | 11 | €357,100 | €357,100 | = | 0.0% |
| Other | 1109/19 | €357,100 | €357,100 | = | 0.0% |
| Reserves | 13 | €828,412 | €815,102 | -€13,310 | -1.6% |
| Distributable reserves | 133 | €828,412 | €815,102 | -€13,310 | -1.6% |
| Profit (loss) carried forward | 14 | -€7,292 | -€4,849 | +€2,443 | +33.5% |
| Amounts payable | 17/49 | €623,995 | €623,282 | -€713 | -0.1% |
| Amounts payable within one year | 42/48 | €623,995 | €623,282 | -€713 | -0.1% |
| Trade debts | 44 | €0 | - | = | |
| Suppliers | 440/4 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €1,510 | €0 | -€1,510 | -100.0% |
| Taxes | 450/3 | €1,510 | €0 | -€1,510 | -100.0% |
| Other amounts payable | 47/48 | €622,485 | €623,282 | +€797 | +0.1% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Other operating charges | 640/8 | €968 | €998 | +€31 | +3.2% |
| Gross operating margin | 9900 | -€9,771 | -€13,768 | -€3,997 | -40.9% |
| Operating profit (loss) | 9901 | -€10,739 | -€14,767 | -€4,028 | -37.5% |
| Financial income | 75/76B | €32,981 | €3,951 | -€29,030 | -88.0% |
| Recurring financial income | 75 | €32,981 | €3,951 | -€29,030 | -88.0% |
| Financial charges | 65/66B | €57 | €51 | -€6 | -10.5% |
| Recurring financial charges | 65 | €57 | €51 | -€6 | -10.5% |
| Profit (loss) for the period before taxes | 9903 | €22,185 | -€10,867 | -€33,052 | |
| Transfer from deferred taxes | 780 | €0 | - | = | |
| Income taxes | 67/77 | €7,083 | €0 | -€7,083 | -100.0% |
| Profit (loss) for the period | 9904 | €15,102 | -€10,867 | -€25,969 | |
| Transfer from tax-exempt reserves | 789 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €15,102 | -€10,867 | -€25,969 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.