ANH BOND CONSTRUCT: 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.
ANH BOND CONSTRUCT
Largest movements
- Receivables within one year +€50,794
up €50,794 (+76.6%), from €66,271 to €117,065
of which Other amounts receivable: +€76,678
- Tangible fixed assets -€5,004
down €5,004 (-43.2%), from €11,584 to €6,580
of which Furniture and vehicles: -€3,479
- Other debts +€30,000
new in 2025: €30,000
- Profit (loss) carried forward +€9,113
up €9,113 (+14.2%), from €64,110 to €73,223
- Tax, wage and social debts +€6,639
up €6,639 (+1520.8%), from €437 to €7,076
of which Taxes: +€6,289
- Gross operating margin +€39,328
up €39,328 (+634.1%), from €6,203 to €45,531
- Depreciation +€1,837
up €1,837 (+58.0%), from €3,167 to €5,004
- Other operating charges -€792
down €792 (-53.8%), from €1,473 to €681
- Financial charges +€591
up €591 (+414.8%), from €143 to €734
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 | €85,287 | €130,751 | +€45,464 | +53.3% |
| Fixed assets | 21/28 | €11,584 | €6,580 | -€5,004 | -43.2% |
| Tangible fixed assets | 22/27 | €11,584 | €6,580 | -€5,004 | -43.2% |
| Plant, machinery and equipment | 23 | €3,352 | €1,827 | -€1,525 | -45.5% |
| Furniture and vehicles | 24 | €8,232 | €4,753 | -€3,479 | -42.3% |
| Current assets | 29/58 | €73,704 | €124,171 | +€50,468 | +68.5% |
| Stocks and contracts in progress | 3 | €6,324 | €6,324 | = | 0.0% |
| Stocks | 30/36 | €6,324 | €6,324 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €66,271 | €117,065 | +€50,794 | +76.6% |
| Trade receivables | 40 | €48,951 | €23,068 | -€25,883 | -52.9% |
| Other amounts receivable | 41 | €17,320 | €93,998 | +€76,678 | +442.7% |
| Cash at bank and in hand | 54/58 | €1,109 | €782 | -€327 | -29.5% |
| Total equity and liabilities | 10/49 | €85,287 | €130,751 | +€45,464 | +53.3% |
| Equity | 10/15 | €84,110 | €93,223 | +€9,113 | +10.8% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €64,110 | €73,223 | +€9,113 | +14.2% |
| Amounts payable | 17/49 | €1,177 | €37,528 | +€36,351 | +3089.3% |
| Amounts payable within one year | 42/48 | €1,177 | €37,528 | +€36,351 | +3089.3% |
| Trade debts | 44 | €740 | €452 | -€288 | -39.0% |
| Suppliers | 440/4 | €740 | €452 | -€288 | -39.0% |
| Taxes, remuneration and social security | 45 | €437 | €7,076 | +€6,639 | +1520.8% |
| Taxes | 450/3 | €437 | €6,726 | +€6,289 | +1440.6% |
| Remuneration and social security | 454/9 | - | €350 | +€350 | |
| Other amounts payable | 47/48 | - | €30,000 | +€30,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,167 | €5,004 | +€1,837 | +58.0% |
| Other operating charges | 640/8 | €1,473 | €681 | -€792 | -53.8% |
| Gross operating margin | 9900 | €6,203 | €45,531 | +€39,328 | +634.1% |
| Operating profit (loss) | 9901 | €1,563 | €39,847 | +€38,284 | +2449.9% |
| Financial charges | 65/66B | €143 | €734 | +€591 | +414.8% |
| Recurring financial charges | 65 | €143 | €734 | +€591 | +414.8% |
| Profit (loss) for the period before taxes | 9903 | €1,420 | €39,113 | +€37,693 | +2654.1% |
| Profit (loss) for the period | 9904 | €1,420 | €39,113 | +€37,693 | +2654.1% |
| Profit (loss) for the period to be appropriated | 9905 | €1,420 | €39,113 | +€37,693 | +2654.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.