ANKH-Solutions: 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.
ANKH-Solutions
Largest movements
- Receivables within one year +€4,369
up €4,369 (+77.8%), from €5,613 to €9,982
of which Trade receivables: +€5,755
- Stocks and contracts +€3,814
new in 2026: €3,814
- Tangible fixed assets +€1,490
up €1,490 (+57.6%), from €2,584 to €4,074
of which Plant, machinery and equipment: +€1,928
- Cash -€923
down €923 (-35.7%), from €2,587 to €1,664
mainly Receivables within one year (-€4,369) and Stocks and contracts (-€3,814)
- Formation expenses -€775
down €775 (-85.3%), from €909 to €134
- Other debts +€9,871
up €9,871 (+388%), from €2,541 to €12,412
- Trade debts -€2,745
down €2,745 (-76.6%), from €3,581 to €836
- Reserves +€1,000
up €1,000 (+182%), from €550 to €1,550
- Gross operating margin +€2,919
up €2,919 (+152%), from €1,924 to €4,842
- Financial charges +€1,088
up €1,088 (+1,328%), from €82 to €1,170
- Depreciation +€1,039
up €1,039 (+115%), from €901 to €1,940
- Taxes +€192
up €192 (+943%), from €20 to €213
- Other operating charges +€132
up €132 (+34.2%), from €387 to €520
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €11,693 | €19,798 | +€8,106 | +69.3% |
| Formation expenses | 20 | €909 | €134 | -€775 | -85.3% |
| Fixed assets | 21/28 | €2,584 | €4,074 | +€1,490 | +57.6% |
| Tangible fixed assets | 22/27 | €2,584 | €4,074 | +€1,490 | +57.6% |
| Plant, machinery and equipment | 23 | €969 | €2,897 | +€1,928 | +199% |
| Furniture and vehicles | 24 | €1,615 | €1,177 | -€438 | -27.1% |
| Current assets | 29/58 | €8,200 | €15,591 | +€7,391 | +90.1% |
| Stocks and contracts in progress | 3 | - | €3,814 | +€3,814 | |
| Stocks | 30/36 | - | €3,814 | +€3,814 | |
| Amounts receivable within one year | 40/41 | €5,613 | €9,982 | +€4,369 | +77.8% |
| Trade receivables | 40 | €2,019 | €7,774 | +€5,755 | +285% |
| Other amounts receivable | 41 | €3,594 | €2,208 | -€1,386 | -38.6% |
| Cash at bank and in hand | 54/58 | €2,587 | €1,664 | -€923 | -35.7% |
| Deferred charges and accrued income | 490/1 | - | €130 | +€130 | |
| Total equity and liabilities | 10/49 | €11,693 | €19,798 | +€8,106 | +69.3% |
| Equity | 10/15 | €5,550 | €6,550 | +€1,000 | +18.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €550 | €1,550 | +€1,000 | +182% |
| Distributable reserves | 133 | €550 | €1,550 | +€1,000 | +182% |
| Amounts payable | 17/49 | €6,143 | €13,248 | +€7,106 | +116% |
| Amounts payable within one year | 42/48 | €6,143 | €13,248 | +€7,106 | +116% |
| Trade debts | 44 | €3,581 | €836 | -€2,745 | -76.6% |
| Suppliers | 440/4 | €3,581 | €836 | -€2,745 | -76.6% |
| Taxes, remuneration and social security | 45 | €20 | - | -€20 | |
| Taxes | 450/3 | €20 | - | -€20 | |
| Other amounts payable | 47/48 | €2,541 | €12,412 | +€9,871 | +388% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €901 | €1,940 | +€1,039 | +115% |
| Other operating charges | 640/8 | €387 | €520 | +€132 | +34.2% |
| Gross operating margin | 9900 | €1,924 | €4,842 | +€2,919 | +152% |
| Operating profit (loss) | 9901 | €635 | €2,383 | +€1,748 | +275% |
| Financial income | 75/76B | €17 | - | -€17 | |
| Recurring financial income | 75 | €17 | - | -€17 | |
| Financial charges | 65/66B | €82 | €1,170 | +€1,088 | +1,328% |
| Recurring financial charges | 65 | €82 | €1,170 | +€1,088 | +1,328% |
| Profit (loss) for the period before taxes | 9903 | €570 | €1,213 | +€642 | +113% |
| Income taxes | 67/77 | €20 | €213 | +€192 | +943% |
| Profit (loss) for the period | 9904 | €550 | €1,000 | +€450 | +81.8% |
| Profit (loss) for the period to be appropriated | 9905 | €550 | €1,000 | +€450 | +81.8% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.