ANGT: 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.
ANGT
Largest movements
- Receivables within one year -€11,578
down €11,578 (-33.0%), from €35,092 to €23,514
of which Trade receivables: -€19,745
- Tangible fixed assets -€5,217
down €5,217 (-2.7%), from €194,274 to €189,057
of which Land and buildings: -€4,897
- Debts after one year -€10,572
down €10,572 (-6.1%), from €171,950 to €161,378
- Other debts -€4,421
down €4,421 (-12.0%), from €36,795 to €32,373
- Trade debts -€3,589
down €3,589 (-11.4%), from €31,515 to €27,926
- Gross operating margin -€10,641
down €10,641 (-49.9%), from €21,310 to €10,669
- Financial income +€9,053
up €9,053 (+1311.4%), from €690 to €9,743
- Depreciation +€895
up €895 (+12.4%), from €7,195 to €8,090
- Financial charges -€542
down €542 (-6.8%), from €7,985 to €7,442
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €231,437 | €215,450 | -€15,987 | -6.9% |
| Fixed assets | 21/28 | €194,274 | €189,057 | -€5,217 | -2.7% |
| Tangible fixed assets | 22/27 | €194,274 | €189,057 | -€5,217 | -2.7% |
| Land and buildings | 22 | €192,834 | €187,937 | -€4,897 | -2.5% |
| Furniture and vehicles | 24 | €1,440 | €1,120 | -€320 | -22.2% |
| Current assets | 29/58 | €37,163 | €26,394 | -€10,769 | -29.0% |
| Amounts receivable within one year | 40/41 | €35,092 | €23,514 | -€11,578 | -33.0% |
| Trade receivables | 40 | €19,745 | €0 | -€19,745 | -100.0% |
| Other amounts receivable | 41 | €15,347 | €23,514 | +€8,167 | +53.2% |
| Deferred charges and accrued income | 490/1 | €2,071 | €2,880 | +€809 | +39.1% |
| Total equity and liabilities | 10/49 | €231,437 | €215,450 | -€15,987 | -6.9% |
| Equity | 10/15 | -€27,646 | -€25,929 | +€1,717 | +6.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€30,646 | -€28,929 | +€1,717 | +5.6% |
| Amounts payable | 17/49 | €259,083 | €241,380 | -€17,703 | -6.8% |
| Amounts payable after more than one year | 17 | €171,950 | €161,378 | -€10,572 | -6.1% |
| Financial debts | 170/4 | €171,950 | €161,378 | -€10,572 | -6.1% |
| Amounts payable within one year | 42/48 | €85,938 | €79,324 | -€6,614 | -7.7% |
| Current portion of amounts payable after more than one year | 42 | €10,148 | €11,318 | +€1,170 | +11.5% |
| Financial debts | 43 | €76 | €76 | -€0 | 0.0% |
| Credit institutions | 430/8 | €76 | €76 | -€0 | 0.0% |
| Trade debts | 44 | €31,515 | €27,926 | -€3,589 | -11.4% |
| Suppliers | 440/4 | €31,515 | €27,926 | -€3,589 | -11.4% |
| Taxes, remuneration and social security | 45 | €7,403 | €7,630 | +€226 | +3.1% |
| Taxes | 450/3 | €7,403 | €7,630 | +€226 | +3.1% |
| Other amounts payable | 47/48 | €36,795 | €32,373 | -€4,421 | -12.0% |
| Accrued charges and deferred income | 492/3 | €1,195 | €678 | -€517 | -43.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,195 | €8,090 | +€895 | +12.4% |
| Other operating charges | 640/8 | €2,929 | €2,936 | +€7 | +0.3% |
| Gross operating margin | 9900 | €21,310 | €10,669 | -€10,641 | -49.9% |
| Operating profit (loss) | 9901 | €11,185 | -€358 | -€11,543 | |
| Financial income | 75/76B | €690 | €9,743 | +€9,053 | +1311.4% |
| Recurring financial income | 75 | €690 | €9,743 | +€9,053 | +1311.4% |
| Financial charges | 65/66B | €7,985 | €7,442 | -€542 | -6.8% |
| Recurring financial charges | 65 | €7,985 | €7,442 | -€542 | -6.8% |
| Profit (loss) for the period before taxes | 9903 | €3,891 | €1,943 | -€1,948 | -50.1% |
| Income taxes | 67/77 | €303 | €226 | -€77 | -25.4% |
| Profit (loss) for the period | 9904 | €3,588 | €1,717 | -€1,871 | -52.1% |
| Profit (loss) for the period to be appropriated | 9905 | €3,588 | €1,717 | -€1,871 | -52.1% |
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 7 October 2026 via checked.be.