ANKER18: 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.
What changed
ANKER18
NACE 68.310, Real estate agency activities
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€107,519
2024 · €253,097-€145,577
Equity
€150,744
2024 · €471,180-€320,436
Cash
€8,500
2024 · €37,513-€29,013
Balance sheet total
€863,664
2024 · €1.4m-€555,049
Largest movements
Assets
- Current investments -€320,436
down €320,436 (-100.0%), from €320,436 to €0
- Receivables within one year -€188,458
down €188,458 (-18.9%), from €998,459 to €810,001
of which Trade receivables: -€310,270
- Cash -€29,013
down €29,013 (-77.3%), from €37,513 to €8,500
mainly Contributions, distributions and other (-€427,956) and Other debts (-€97,558)
Equity and liabilities
- Reserves -€320,436
down €320,436 (-92.4%), from €346,870 to €26,434
of which Non-distributable reserves: -€320,436
- Other debts -€97,558
down €97,558 (-38.0%), from €256,445 to €158,888
- Current portion of long-term debt -€91,014
down €91,014 (-93.9%), from €96,878 to €5,864
- Accrued charges and deferred income -€37,212
down €37,212 (-17.0%), from €218,546 to €181,334
Income statement
- Staff costs +€123,685
up €123,685 (+10.1%), from €1.2m to €1.3m
- Financial income -€15,137
down €15,137 (-8.2%), from €185,115 to €169,978
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.
Result 2024
€253,097
Gross operating margin
+€869
Staff costs
-€123,685
Depreciation
+€352
Other operating charges
+€425
Other operating items
-€2,644
Financial income
-€15,137
Financial charges
-€5,744
Taxes
-€13
Result 2025
€107,519
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.
From operations
+€166,949
Investment
+€318,733
Financing
-€514,695
Cash 2024
€37,513
From operations (derived)
+€166,949
Net result for the year
+€107,519
Depreciation
+€18,231
Receivables within one year
+€188,458
Deferred charges and accrued income
+€615
Trade debts
-€8,400
Tax, wage and social debts
-€4,704
Other debts
-€97,558
Accrued charges and deferred income
-€37,212
Investment (derived)
+€318,733
Investment in fixed assets (net)
-€1,704
Current investments
+€320,436
Financing
-€514,695
Debts after one year
-€5,864
Current portion of long-term debt
-€91,014
Short-term financial debts
+€10,139
Contributions, distributions and other
-€427,956
Cash 2025
€8,500
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,418,714 | €863,664 | -€555,049 | -39.1% |
| Fixed assets | 21/28 | €50,529 | €34,002 | -€16,527 | -32.7% |
| Intangible fixed assets | 21 | €16,580 | €11,030 | -€5,550 | -33.5% |
| Tangible fixed assets | 22/27 | €29,876 | €18,849 | -€11,027 | -36.9% |
| Furniture and vehicles | 24 | €13,759 | €10,835 | -€2,924 | -21.3% |
| Other tangible fixed assets | 26 | €16,116 | €8,013 | -€8,103 | -50.3% |
| Financial fixed assets | 28 | €4,073 | €4,123 | +€50 | +1.2% |
| Current assets | 29/58 | €1,368,184 | €829,662 | -€538,522 | -39.4% |
| Amounts receivable within one year | 40/41 | €998,459 | €810,001 | -€188,458 | -18.9% |
| Trade receivables | 40 | €928,669 | €618,399 | -€310,270 | -33.4% |
| Other amounts receivable | 41 | €69,790 | €191,602 | +€121,812 | +174.5% |
| Current investments | 50/53 | €320,436 | €0 | -€320,436 | -100.0% |
| Cash at bank and in hand | 54/58 | €37,513 | €8,500 | -€29,013 | -77.3% |
| Deferred charges and accrued income | 490/1 | €11,776 | €11,161 | -€615 | -5.2% |
| Total equity and liabilities | 10/49 | €1,418,714 | €863,664 | -€555,049 | -39.1% |
| Equity | 10/15 | €471,180 | €150,744 | -€320,436 | -68.0% |
| Contributions | 10/11 | €124,310 | €124,310 | = | 0.0% |
| Capital | 10 | €124,310 | €124,310 | = | 0.0% |
| Issued capital | 100 | €124,310 | €124,310 | = | 0.0% |
| Reserves | 13 | €346,870 | €26,434 | -€320,436 | -92.4% |
| Non-distributable reserves | 130/1 | €332,867 | €12,431 | -€320,436 | -96.3% |
| Legal reserve | 130 | €12,431 | €12,431 | = | 0.0% |
| Own shares acquired | 1312 | €320,436 | €0 | -€320,436 | -100.0% |
| Tax-exempt reserves | 132 | €54 | €54 | = | 0.0% |
| Distributable reserves | 133 | €13,948 | €13,948 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €947,533 | €712,921 | -€234,613 | -24.8% |
| Amounts payable after more than one year | 17 | €5,864 | €0 | -€5,864 | -100.0% |
| Financial debts | 170/4 | €5,864 | €0 | -€5,864 | -100.0% |
| Amounts payable within one year | 42/48 | €723,124 | €531,587 | -€191,537 | -26.5% |
| Current portion of amounts payable after more than one year | 42 | €96,878 | €5,864 | -€91,014 | -93.9% |
| Financial debts | 43 | €72,500 | €82,639 | +€10,139 | +14.0% |
| Credit institutions | 430/8 | €72,500 | €82,639 | +€10,139 | +14.0% |
| Trade debts | 44 | €170,596 | €162,196 | -€8,400 | -4.9% |
| Suppliers | 440/4 | €170,596 | €162,196 | -€8,400 | -4.9% |
| Taxes, remuneration and social security | 45 | €126,705 | €122,001 | -€4,704 | -3.7% |
| Taxes | 450/3 | €36,953 | €16,441 | -€20,512 | -55.5% |
| Remuneration and social security | 454/9 | €89,752 | €105,560 | +€15,808 | +17.6% |
| Other amounts payable | 47/48 | €256,445 | €158,888 | -€97,558 | -38.0% |
| Accrued charges and deferred income | 492/3 | €218,546 | €181,334 | -€37,212 | -17.0% |
| Remuneration, social security and pensions | 62 | €1,219,953 | €1,343,639 | +€123,685 | +10.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,583 | €18,231 | -€352 | -1.9% |
| Other operating charges | 640/8 | €11,987 | €11,562 | -€425 | -3.5% |
| Non-recurring operating charges | 66A | - | €2,644 | +€2,644 | |
| Gross operating margin | 9900 | €1,360,074 | €1,360,943 | +€869 | +0.1% |
| Operating profit (loss) | 9901 | €109,551 | -€15,132 | -€124,683 | |
| Financial income | 75/76B | €185,115 | €169,978 | -€15,137 | -8.2% |
| Recurring financial income | 75 | €185,115 | €169,978 | -€15,137 | -8.2% |
| Financial charges | 65/66B | €40,154 | €45,898 | +€5,744 | +14.3% |
| Recurring financial charges | 65 | €40,154 | €44,717 | +€4,563 | +11.4% |
| Non-recurring financial charges | 66B | - | €1,181 | +€1,181 | |
| Profit (loss) for the period before taxes | 9903 | €254,512 | €108,948 | -€145,564 | -57.2% |
| Income taxes | 67/77 | €1,415 | €1,428 | +€13 | +0.9% |
| Profit (loss) for the period | 9904 | €253,097 | €107,519 | -€145,577 | -57.5% |
| Profit (loss) for the period to be appropriated | 9905 | €253,097 | €107,519 | -€145,577 | -57.5% |
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 8 October 2026 via checked.be.