Ankamal: 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.
Ankamal
Largest movements
- Tangible fixed assets +€20,135
up €20,135 (+60.5%), from €33,280 to €53,414
of which Plant, machinery and equipment: +€22,085
- Receivables within one year +€5,102
up €5,102 (+6.6%), from €77,222 to €82,324
of which Other amounts receivable: +€3,523
- Cash -€2,052
down €2,052 (-27.2%), from €7,555 to €5,504
mainly Investment in fixed assets (net) (-€29,718) and Receivables within one year (-€5,102)
- Trade debts +€10,055
up €10,055 (+137%), from €7,334 to €17,388
- Profit (loss) carried forward +€8,080
up €8,080 (+8.3%), from €97,481 to €105,561
- Tax, wage and social debts +€5,051
up €5,051 (+61.7%), from €8,182 to €13,233
- Gross operating margin -€10,645
down €10,645 (-29.9%), from €35,584 to €24,939
- Taxes -€3,131
down €3,131 (-38.3%), from €8,182 to €5,051
- Depreciation +€2,354
up €2,354 (+32.6%), from €7,229 to €9,583
- Staff costs -€1,551
no longer reported in 2025 (was €1,551)
- Financial charges +€1,438
up €1,438 (+445%), from €323 to €1,761
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 | €121,057 | €144,242 | +€23,185 | +19.2% |
| Fixed assets | 21/28 | €33,280 | €53,414 | +€20,135 | +60.5% |
| Tangible fixed assets | 22/27 | €33,280 | €53,414 | +€20,135 | +60.5% |
| Plant, machinery and equipment | 23 | €26,506 | €48,591 | +€22,085 | +83.3% |
| Furniture and vehicles | 24 | €6,774 | €4,824 | -€1,950 | -28.8% |
| Current assets | 29/58 | €87,777 | €90,828 | +€3,050 | +3.5% |
| Stocks and contracts in progress | 3 | €3,000 | €3,000 | = | 0.0% |
| Stocks | 30/36 | €3,000 | €3,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €77,222 | €82,324 | +€5,102 | +6.6% |
| Trade receivables | 40 | - | €1,579 | +€1,579 | |
| Other amounts receivable | 41 | €77,222 | €80,745 | +€3,523 | +4.6% |
| Cash at bank and in hand | 54/58 | €7,555 | €5,504 | -€2,052 | -27.2% |
| Total equity and liabilities | 10/49 | €121,057 | €144,242 | +€23,185 | +19.2% |
| Equity | 10/15 | €105,541 | €113,621 | +€8,080 | +7.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €97,481 | €105,561 | +€8,080 | +8.3% |
| Amounts payable | 17/49 | €15,516 | €30,621 | +€15,105 | +97.4% |
| Amounts payable within one year | 42/48 | €15,516 | €30,621 | +€15,105 | +97.4% |
| Trade debts | 44 | €7,334 | €17,388 | +€10,055 | +137% |
| Suppliers | 440/4 | €7,334 | €17,388 | +€10,055 | +137% |
| Taxes, remuneration and social security | 45 | €8,182 | €13,233 | +€5,051 | +61.7% |
| Taxes | 450/3 | €8,182 | €13,233 | +€5,051 | +61.7% |
| Remuneration, social security and pensions | 62 | €1,551 | - | -€1,551 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,229 | €9,583 | +€2,354 | +32.6% |
| Other operating charges | 640/8 | €5,355 | €4,448 | -€907 | -16.9% |
| Gross operating margin | 9900 | €35,584 | €24,939 | -€10,645 | -29.9% |
| Operating profit (loss) | 9901 | €21,450 | €10,909 | -€10,541 | -49.1% |
| Financial income | 75/76B | €3,945 | €3,983 | +€38 | +1.0% |
| Recurring financial income | 75 | €3,945 | €3,983 | +€38 | +1.0% |
| Financial charges | 65/66B | €323 | €1,761 | +€1,438 | +445% |
| Recurring financial charges | 65 | €323 | €1,761 | +€1,438 | +445% |
| Profit (loss) for the period before taxes | 9903 | €25,072 | €13,131 | -€11,941 | -47.6% |
| Income taxes | 67/77 | €8,182 | €5,051 | -€3,131 | -38.3% |
| Profit (loss) for the period | 9904 | €16,890 | €8,080 | -€8,810 | -52.2% |
| Profit (loss) for the period to be appropriated | 9905 | €16,890 | €8,080 | -€8,810 | -52.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.