ANKE LAURYSSEN: 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.
ANKE LAURYSSEN
Largest movements
- Tangible fixed assets +€418,368
up €418,368 (+2,956%), from €14,153 to €432,522
of which Land and buildings: +€403,006
- Cash -€75,430
down €75,430 (-69.0%), from €109,258 to €33,828
mainly Investment in fixed assets (net) (-€496,666) and Contributions, distributions and other (-€14,792)
- Receivables within one year +€6,573
up €6,573 (+32.0%), from €20,528 to €27,101
of which Other amounts receivable: +€6,313
- Debts after one year +€352,609
new in 2025: €352,609
- Reserves -€14,792
down €14,792 (-15.1%), from €97,700 to €82,907
- Current portion of long-term debt +€12,325
up €12,325 (+123%), from €10,028 to €22,353
- Provisions +€10,195
new in 2025: €10,195
- Other debts -€8,781
down €8,781 (-92.1%), from €9,529 to €749
- Depreciation +€75,397
up €75,397 (+2,599%), from €2,901 to €78,298
- Gross operating margin +€39,610
up €39,610 (+59.2%), from €66,866 to €106,476
- Taxes -€14,327
down €14,327 (-80.7%), from €17,764 to €3,437
- Financial charges +€12,714
up €12,714 (+1,731%), from €735 to €13,449
- Provisions +€10,195
new in 2025: €10,195
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 | €145,484 | €496,570 | +€351,086 | +241% |
| Fixed assets | 21/28 | €14,153 | €432,522 | +€418,368 | +2,956% |
| Tangible fixed assets | 22/27 | €14,153 | €432,522 | +€418,368 | +2,956% |
| Land and buildings | 22 | - | €403,006 | +€403,006 | |
| Plant, machinery and equipment | 23 | €2,494 | €1,465 | -€1,029 | -41.3% |
| Furniture and vehicles | 24 | €0 | €18,263 | +€18,263 | |
| Other tangible fixed assets | 26 | €11,659 | €9,787 | -€1,872 | -16.1% |
| Current assets | 29/58 | €131,330 | €64,048 | -€67,282 | -51.2% |
| Amounts receivable within one year | 40/41 | €20,528 | €27,101 | +€6,573 | +32.0% |
| Trade receivables | 40 | €20,292 | €20,552 | +€260 | +1.3% |
| Other amounts receivable | 41 | €236 | €6,549 | +€6,313 | +2,672% |
| Cash at bank and in hand | 54/58 | €109,258 | €33,828 | -€75,430 | -69.0% |
| Deferred charges and accrued income | 490/1 | €1,544 | €3,120 | +€1,576 | +102% |
| Total equity and liabilities | 10/49 | €145,484 | €496,570 | +€351,086 | +241% |
| Equity | 10/15 | €110,100 | €94,085 | -€16,014 | -14.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €97,700 | €82,907 | -€14,792 | -15.1% |
| Distributable reserves | 133 | €97,700 | €82,907 | -€14,792 | -15.1% |
| Profit (loss) carried forward | 14 | - | -€1,222 | -€1,222 | |
| Provisions and deferred taxes | 16 | - | €10,195 | +€10,195 | |
| Provisions for liabilities and charges | 160/5 | - | €10,195 | +€10,195 | |
| Other liabilities and charges | 164/5 | - | €10,195 | +€10,195 | |
| Amounts payable | 17/49 | €35,384 | €392,290 | +€356,906 | +1,009% |
| Amounts payable after more than one year | 17 | - | €352,609 | +€352,609 | |
| Financial debts | 170/4 | - | €352,609 | +€352,609 | |
| Amounts payable within one year | 42/48 | €35,384 | €38,831 | +€3,447 | +9.7% |
| Current portion of amounts payable after more than one year | 42 | €10,028 | €22,353 | +€12,325 | +123% |
| Trade debts | 44 | €1,235 | €1,243 | +€8 | +0.6% |
| Suppliers | 440/4 | €1,235 | €1,243 | +€8 | +0.6% |
| Taxes, remuneration and social security | 45 | €14,592 | €14,486 | -€105 | -0.7% |
| Taxes | 450/3 | €14,592 | €14,486 | -€105 | -0.7% |
| Other amounts payable | 47/48 | €9,529 | €749 | -€8,781 | -92.1% |
| Accrued charges and deferred income | 492/3 | - | €850 | +€850 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,901 | €78,298 | +€75,397 | +2,599% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €10,195 | +€10,195 | |
| Other operating charges | 640/8 | €963 | €2,319 | +€1,357 | +141% |
| Gross operating margin | 9900 | €66,866 | €106,476 | +€39,610 | +59.2% |
| Operating profit (loss) | 9901 | €63,002 | €15,664 | -€47,338 | -75.1% |
| Financial income | 75/76B | €6 | - | -€6 | |
| Recurring financial income | 75 | €6 | - | -€6 | |
| Financial charges | 65/66B | €735 | €13,449 | +€12,714 | +1,731% |
| Recurring financial charges | 65 | €735 | €13,449 | +€12,714 | +1,731% |
| Profit (loss) for the period before taxes | 9903 | €62,273 | €2,215 | -€60,058 | -96.4% |
| Income taxes | 67/77 | €17,764 | €3,437 | -€14,327 | -80.7% |
| Profit (loss) for the period | 9904 | €44,510 | -€1,222 | -€45,732 | |
| Profit (loss) for the period to be appropriated | 9905 | €44,510 | -€1,222 | -€45,732 |
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 27 October 2026 via checked.be.