ANKE BUCKINX: 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.
ANKE BUCKINX
Largest movements
- Current investments +€53,575
up €53,575 (+18.7%), from €287,064 to €340,639
- Receivables within one year -€18,191
down €18,191 (-69.7%), from €26,116 to €7,925
- Cash -€8,014
down €8,014 (-79.6%), from €10,073 to €2,059
mainly Current investments (-€53,575) and Tax, wage and social debts (-€7,552)
- Tangible fixed assets -€4,853
down €4,853 (-25.3%), from €19,212 to €14,359
of which Furniture and vehicles: -€2,450
- Reserves +€16,591
up €16,591 (+7.4%), from €223,815 to €240,406
of which Distributable reserves: +€16,591
- Accrued charges and deferred income +€8,336
up €8,336 (+3859.3%), from €216 to €8,552
- Tax, wage and social debts -€7,552
down €7,552 (-17.0%), from €44,373 to €36,821
of which Taxes: -€6,052
- Gross operating margin -€55,093
down €55,093 (-64.0%), from €86,136 to €31,043
- Taxes -€16,904
down €16,904 (-68.9%), from €24,533 to €7,629
- Financial income -€5,341
down €5,341 (-70.1%), from €7,623 to €2,282
- Financial charges +€2,984
up €2,984 (+2763.0%), from €108 to €3,092
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 | €344,385 | €365,749 | +€21,364 | +6.2% |
| Fixed assets | 21/28 | €19,212 | €14,359 | -€4,853 | -25.3% |
| Tangible fixed assets | 22/27 | €19,212 | €14,359 | -€4,853 | -25.3% |
| Plant, machinery and equipment | 23 | €5,038 | €2,635 | -€2,403 | -47.7% |
| Furniture and vehicles | 24 | €14,174 | €11,724 | -€2,450 | -17.3% |
| Current assets | 29/58 | €325,173 | €351,390 | +€26,217 | +8.1% |
| Stocks and contracts in progress | 3 | €1,200 | €300 | -€900 | -75.0% |
| Contracts in progress | 37 | €1,200 | €300 | -€900 | -75.0% |
| Amounts receivable within one year | 40/41 | €26,116 | €7,925 | -€18,191 | -69.7% |
| Trade receivables | 40 | €26,116 | €7,925 | -€18,191 | -69.7% |
| Current investments | 50/53 | €287,064 | €340,639 | +€53,575 | +18.7% |
| Cash at bank and in hand | 54/58 | €10,073 | €2,059 | -€8,014 | -79.6% |
| Deferred charges and accrued income | 490/1 | €720 | €467 | -€253 | -35.1% |
| Total equity and liabilities | 10/49 | €344,385 | €365,749 | +€21,364 | +6.2% |
| Equity | 10/15 | €237,815 | €254,406 | +€16,591 | +7.0% |
| Contributions | 10/11 | €14,000 | €14,000 | = | 0.0% |
| Reserves | 13 | €223,815 | €240,406 | +€16,591 | +7.4% |
| Non-distributable reserves | 130/1 | €2,100 | €2,100 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,100 | €2,100 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,200 | €1,200 | = | 0.0% |
| Distributable reserves | 133 | €220,515 | €237,106 | +€16,591 | +7.5% |
| Amounts payable | 17/49 | €106,570 | €111,343 | +€4,773 | +4.5% |
| Amounts payable within one year | 42/48 | €106,354 | €102,791 | -€3,563 | -3.4% |
| Trade debts | 44 | €2,750 | €3,188 | +€438 | +15.9% |
| Suppliers | 440/4 | €2,750 | €3,188 | +€438 | +15.9% |
| Taxes, remuneration and social security | 45 | €44,373 | €36,821 | -€7,552 | -17.0% |
| Taxes | 450/3 | €41,013 | €34,961 | -€6,052 | -14.8% |
| Remuneration and social security | 454/9 | €3,360 | €1,860 | -€1,500 | -44.6% |
| Other amounts payable | 47/48 | €59,231 | €62,782 | +€3,551 | +6.0% |
| Accrued charges and deferred income | 492/3 | €216 | €8,552 | +€8,336 | +3859.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,894 | €4,854 | -€40 | -0.8% |
| Other operating charges | 640/8 | €560 | €1,159 | +€599 | +107.0% |
| Gross operating margin | 9900 | €86,136 | €31,043 | -€55,093 | -64.0% |
| Operating profit (loss) | 9901 | €80,682 | €25,030 | -€55,652 | -69.0% |
| Financial income | 75/76B | €7,623 | €2,282 | -€5,341 | -70.1% |
| Recurring financial income | 75 | €7,623 | €2,282 | -€5,341 | -70.1% |
| Financial charges | 65/66B | €108 | €3,092 | +€2,984 | +2763.0% |
| Recurring financial charges | 65 | €108 | €3,092 | +€2,984 | +2763.0% |
| Profit (loss) for the period before taxes | 9903 | €88,197 | €24,220 | -€63,977 | -72.5% |
| Income taxes | 67/77 | €24,533 | €7,629 | -€16,904 | -68.9% |
| Profit (loss) for the period | 9904 | €63,664 | €16,591 | -€47,073 | -73.9% |
| Profit (loss) for the period to be appropriated | 9905 | €63,664 | €16,591 | -€47,073 | -73.9% |
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 29 September 2026 via checked.be.