ANKER: what changed
ANKER
Largest movements
- Receivables within one year +€1.9m
up €1.9m (+45.7%), from €4.2m to €6.1m
of which Other amounts receivable: +€962,711
- Cash +€1.5m
up €1.5m (+43.6%), from €3.4m to €4.8m
- Tangible fixed assets -€1.1m
down €1.1m (-4.9%), from €21.6m to €20.6m
of which Land and buildings: -€1.1m
- Receivables after one year +€288,869
up €288,869 (+107%), from €268,757 to €557,626
- Deferred charges and accrued income +€171,855
up €171,855 (+53.5%), from €320,989 to €492,844
- Accrued charges and deferred income +€1.6m
up €1.6m (+56.8%), from €2.8m to €4.4m
- Profit (loss) carried forward +€1.6m
up €1.6m (+29.3%), from €5.4m to €7.0m
- Debts after one year -€506,639
down €506,639 (-11.9%), from €4.3m to €3.8m
- Debts within one year +€174,496
up €174,496 (+27.3%), from €638,937 to €813,433
of which Trade debts: +€129,770
- Investment grants -€85,471
down €85,471 (-0.7%), from €12.2m to €12.2m
- Services and other goods +€1.8m
up €1.8m (+80.9%), from €2.2m to €3.9m
- Turnover +€1.2m
up €1.2m (+201%), from €613,219 to €1.8m
- Staff costs +€313,934
up €313,934 (+41.4%), from €758,504 to €1.1m
- Other operating income +€213,875
up €213,875 (+77.9%), from €274,426 to €488,301
- Depreciation +€209,286
up €209,286 (+12.3%), from €1.7m to €1.9m
Change in the result, 2020 to 2025
The net result is not in both sets of accounts. Without it the difference cannot be explained line by line.
Derived cash bridge
A cash bridge needs two consecutive financial years. One year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2020 | 2025 | Change | % |
|---|---|---|---|---|---|
| Fixed assets | 21/28 | €21,655,093 | €20,588,964 | -€1.1m | -4.9% |
| Intangible fixed assets | 21 | €15,145 | - | -€15,145 | |
| Tangible fixed assets | 22/27 | €21,639,948 | €20,586,464 | -€1.1m | -4.9% |
| Land and buildings | 22 | €18,451,487 | €17,399,091 | -€1.1m | -5.7% |
| Plant, machinery and equipment | 23 | €1,020,631 | €832,266 | -€188,365 | -18.5% |
| Furniture and vehicles | 24 | €329,269 | €358,802 | +€29,533 | +9.0% |
| Leasing and similar rights | 25 | €554,208 | €741,526 | +€187,318 | +33.8% |
| Other tangible fixed assets | 26 | €864,429 | €651,312 | -€213,117 | -24.7% |
| Assets under construction and advance payments | 27 | €419,924 | €603,467 | +€183,543 | +43.7% |
| Financial fixed assets | 28 | - | €2,500 | +€2,500 | |
| Participating interests | 280 | - | €2,500 | +€2,500 | |
| Current assets | 29/58 | €8,241,342 | €12,073,106 | +€3.8m | +46.5% |
| Amounts receivable after more than one year | 29 | €268,757 | €557,626 | +€288,869 | +107% |
| Trade receivables | 290 | €268,757 | €557,626 | +€288,869 | +107% |
| Amounts receivable within one year | 40/41 | €4,156,606 | €6,056,525 | +€1.9m | +45.7% |
| Trade receivables | 40 | €3,919,736 | €4,856,943 | +€937,208 | +23.9% |
| Other amounts receivable | 41 | €236,871 | €1,199,582 | +€962,711 | +406% |
| Current investments | 50/53 | €122,565 | €122,565 | = | 0.0% |
| Own shares | 50 | €122,565 | €122,565 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €3,372,425 | €4,843,545 | +€1.5m | +43.6% |
| Deferred charges and accrued income | 490/1 | €320,989 | €492,844 | +€171,855 | +53.5% |
| Total equity and liabilities | 10/49 | €29,896,435 | €32,662,070 | +€2.8m | +9.3% |
| Equity | 10/15 | €22,185,499 | €23,689,631 | +€1.5m | +6.8% |
| Contributions | 10/11 | €4,509,351 | €4,509,351 | = | 0.0% |
| Capital | 10 | €4,509,351 | €4,509,351 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,428,811 | €7,018,415 | +€1.6m | +29.3% |
| Investment grants | 15 | €12,247,337 | €12,161,865 | -€85,471 | -0.7% |
| Amounts payable | 17/49 | €7,710,936 | €8,972,440 | +€1.3m | +16.4% |
| Amounts payable after more than one year | 17 | €4,265,411 | €3,758,772 | -€506,639 | -11.9% |
| Financial debts | 170/4 | €4,265,411 | €3,758,772 | -€506,639 | -11.9% |
| Leasing and similar obligations | 172 | €535,487 | €721,047 | +€185,559 | +34.7% |
| Credit institutions | 173 | €3,729,924 | €2,821,469 | -€908,455 | -24.4% |
| Other loans | 174 | - | €216,256 | +€216,256 | |
| Amounts payable within one year | 42/48 | €638,937 | €813,433 | +€174,496 | +27.3% |
| Current portion of amounts payable after more than one year | 42 | €332,154 | €316,869 | -€15,285 | -4.6% |
| Financial debts | 43 | €10,453 | - | -€10,453 | |
| Credit institutions | 430/8 | €10,453 | - | -€10,453 | |
| Trade debts | 44 | €261,443 | €391,213 | +€129,770 | +49.6% |
| Advances received on contracts in progress | 46 | €2,950 | - | -€2,950 | |
| Taxes, remuneration and social security | 45 | €19,392 | €85,186 | +€65,794 | +339% |
| Taxes | 450/3 | €2,720 | €5,120 | +€2,400 | +88.2% |
| Remuneration and social security | 454/9 | €16,672 | €80,066 | +€63,394 | +380% |
| Accrued charges and deferred income | 492/3 | €2,806,588 | €4,400,235 | +€1.6m | +56.8% |
| Turnover | 70 | €613,219 | €1,847,363 | +€1.2m | +201% |
| Membership fees, donations, legacies and grants | 73 | €4,798,902 | €5,885,450 | +€1.1m | +22.6% |
| Other operating income | 74 | €274,426 | €488,301 | +€213,875 | +77.9% |
| Goods for resale, raw materials and consumables | 60 | €377,318 | €561,211 | +€183,893 | +48.7% |
| Services and other goods | 61 | €2,179,925 | €3,944,497 | +€1.8m | +80.9% |
| Remuneration, social security and pensions | 62 | €758,504 | €1,072,437 | +€313,934 | +41.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,702,832 | €1,912,117 | +€209,286 | +12.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €5,495 | +€5,495 | |
| Recurring financial income | 75 | €1,022 | €46,236 | +€45,215 | +4,426% |
| Recurring financial charges | 65 | - | -€73,734 | -€73,734 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2020 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.