ANGU: 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.
ANGU
Largest movements
- Receivables within one year -€70,214
down €70,214 (-53.8%), from €130,609 to €60,395
of which Trade receivables: -€69,505
- Tangible fixed assets -€13,845
down €13,845 (-26.9%), from €51,379 to €37,533
of which Furniture and vehicles: -€10,265
- Intangible fixed assets -€5,941
down €5,941 (-26.2%), from €22,677 to €16,735
- Other debts +€94,593
up €94,593 (+6,818%), from €1,387 to €95,980
- Trade debts -€67,324
down €67,324 (-59.1%), from €113,843 to €46,519
- Reserves -€64,100
down €64,100 (-75.5%), from €84,900 to €20,800
of which Distributable reserves: -€64,100
- Short-term financial debts -€40,000
down €40,000 (-16.7%), from €240,000 to €200,000
- Current portion of long-term debt -€10,176
down €10,176 (-48.6%), from €20,947 to €10,771
- Gross operating margin +€2,670
up €2,670 (+6.1%), from €43,829 to €46,499
- Other operating charges +€516
up €516 (+18.5%), from €2,793 to €3,309
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 | €582,980 | €488,670 | -€94,310 | -16.2% |
| Fixed assets | 21/28 | €74,252 | €54,465 | -€19,787 | -26.6% |
| Intangible fixed assets | 21 | €22,677 | €16,735 | -€5,941 | -26.2% |
| Tangible fixed assets | 22/27 | €51,379 | €37,533 | -€13,845 | -26.9% |
| Land and buildings | 22 | €34,011 | €30,431 | -€3,580 | -10.5% |
| Furniture and vehicles | 24 | €17,368 | €7,103 | -€10,265 | -59.1% |
| Financial fixed assets | 28 | €196 | €196 | = | 0.0% |
| Current assets | 29/58 | €508,728 | €434,206 | -€74,523 | -14.6% |
| Stocks and contracts in progress | 3 | €340,063 | €336,479 | -€3,584 | -1.1% |
| Stocks | 30/36 | €340,063 | €336,479 | -€3,584 | -1.1% |
| Amounts receivable within one year | 40/41 | €130,609 | €60,395 | -€70,214 | -53.8% |
| Trade receivables | 40 | €123,954 | €54,449 | -€69,505 | -56.1% |
| Other amounts receivable | 41 | €6,655 | €5,946 | -€709 | -10.7% |
| Current investments | 50/53 | €100 | €702 | +€603 | +605% |
| Cash at bank and in hand | 54/58 | €22,715 | €22,400 | -€315 | -1.4% |
| Deferred charges and accrued income | 490/1 | €15,242 | €14,229 | -€1,013 | -6.6% |
| Total equity and liabilities | 10/49 | €582,980 | €488,670 | -€94,310 | -16.2% |
| Equity | 10/15 | €111,028 | €46,952 | -€64,076 | -57.7% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €84,900 | €20,800 | -€64,100 | -75.5% |
| Non-distributable reserves | 130/1 | €2,500 | €2,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,500 | €2,500 | = | 0.0% |
| Distributable reserves | 133 | €82,400 | €18,300 | -€64,100 | -77.8% |
| Profit (loss) carried forward | 14 | €1,128 | €1,152 | +€24 | +2.1% |
| Amounts payable | 17/49 | €471,952 | €441,718 | -€30,233 | -6.4% |
| Amounts payable after more than one year | 17 | €87,945 | €80,582 | -€7,363 | -8.4% |
| Financial debts | 170/4 | €87,945 | €80,582 | -€7,363 | -8.4% |
| Amounts payable within one year | 42/48 | €383,919 | €361,069 | -€22,850 | -6.0% |
| Current portion of amounts payable after more than one year | 42 | €20,947 | €10,771 | -€10,176 | -48.6% |
| Financial debts | 43 | €240,000 | €200,000 | -€40,000 | -16.7% |
| Credit institutions | 430/8 | €240,000 | €200,000 | -€40,000 | -16.7% |
| Trade debts | 44 | €113,843 | €46,519 | -€67,324 | -59.1% |
| Suppliers | 440/4 | €113,843 | €46,519 | -€67,324 | -59.1% |
| Taxes, remuneration and social security | 45 | €7,741 | €7,798 | +€57 | +0.7% |
| Taxes | 450/3 | €5,286 | €7,798 | +€2,512 | +47.5% |
| Remuneration and social security | 454/9 | €2,455 | - | -€2,455 | |
| Other amounts payable | 47/48 | €1,387 | €95,980 | +€94,593 | +6,818% |
| Accrued charges and deferred income | 492/3 | €88 | €67 | -€21 | -23.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,983 | €21,173 | +€190 | +0.9% |
| Other operating charges | 640/8 | €2,793 | €3,309 | +€516 | +18.5% |
| Gross operating margin | 9900 | €43,829 | €46,499 | +€2,670 | +6.1% |
| Operating profit (loss) | 9901 | €20,053 | €22,017 | +€1,964 | +9.8% |
| Financial income | 75/76B | €1,112 | €689 | -€423 | -38.0% |
| Recurring financial income | 75 | €1,112 | €689 | -€423 | -38.0% |
| Financial charges | 65/66B | €17,208 | €17,429 | +€221 | +1.3% |
| Recurring financial charges | 65 | €17,208 | €17,429 | +€221 | +1.3% |
| Profit (loss) for the period before taxes | 9903 | €3,958 | €5,278 | +€1,320 | +33.3% |
| Income taxes | 67/77 | €3,905 | €4,054 | +€149 | +3.8% |
| Profit (loss) for the period | 9904 | €53 | €1,224 | +€1,171 | +2,218% |
| Profit (loss) for the period to be appropriated | 9905 | €53 | €1,224 | +€1,171 | +2,218% |
Source: filed annual accounts (NBB), financial years ended 31 July 2024 and 31 July 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.