ANKO: 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.
ANKO
Largest movements
- Cash -€44,643
down €44,643 (-73.4%), from €60,807 to €16,163
mainly Debts after one year (-€89,544) and Investment in fixed assets (net) (-€60,525)
- Receivables within one year -€34,155
down €34,155 (-66.5%), from €51,366 to €17,210
of which Trade receivables: -€33,940
- Debts after one year -€89,544
down €89,544 (-5.8%), from €1.5m to €1.4m
of which Financial debts: -€79,544
- Other debts +€86,845
up €86,845 (+37.9%), from €228,864 to €315,710
- Profit (loss) carried forward -€59,672
down €59,672, from €0 to -€59,672
- Tax, wage and social debts -€22,424
down €22,424 (-67.6%), from €33,158 to €10,734
of which Taxes: -€22,424
- Gross operating margin -€46,027
down €46,027 (-32.6%), from €141,034 to €95,006
- Depreciation +€23,875
up €23,875 (+80.5%), from €29,643 to €53,518
- Financial charges +€23,840
up €23,840 (+49.9%), from €47,776 to €71,616
- Taxes -€11,203
down €11,203 (-98.0%), from €11,437 to €234
- Other operating charges +€9,296
up €9,296 (+45.2%), from €20,552 to €29,848
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 | €2,048,264 | €1,967,522 | -€80,742 | -3.9% |
| Fixed assets | 21/28 | €1,910,358 | €1,917,365 | +€7,007 | +0.4% |
| Tangible fixed assets | 22/27 | €1,883,358 | €1,890,365 | +€7,007 | +0.4% |
| Land and buildings | 22 | €1,727,788 | €1,716,566 | -€11,222 | -0.6% |
| Plant, machinery and equipment | 23 | €11,958 | €15,126 | +€3,167 | +26.5% |
| Furniture and vehicles | 24 | €0 | €35,562 | +€35,562 | |
| Other tangible fixed assets | 26 | €143,611 | €123,111 | -€20,500 | -14.3% |
| Financial fixed assets | 28 | €27,000 | €27,000 | = | 0.0% |
| Current assets | 29/58 | €137,906 | €50,157 | -€87,749 | -63.6% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €51,366 | €17,210 | -€34,155 | -66.5% |
| Trade receivables | 40 | €51,150 | €17,210 | -€33,940 | -66.4% |
| Other amounts receivable | 41 | €215 | €0 | -€215 | -100.0% |
| Cash at bank and in hand | 54/58 | €60,807 | €16,163 | -€44,643 | -73.4% |
| Deferred charges and accrued income | 490/1 | €25,734 | €16,784 | -€8,950 | -34.8% |
| Total equity and liabilities | 10/49 | €2,048,264 | €1,967,522 | -€80,742 | -3.9% |
| Equity | 10/15 | €134,102 | €60,391 | -€73,711 | -55.0% |
| Contributions | 10/11 | €73,761 | €73,761 | = | 0.0% |
| Reserves | 13 | €60,341 | €46,302 | -€14,040 | -23.3% |
| Distributable reserves | 133 | €60,341 | €46,302 | -€14,040 | -23.3% |
| Profit (loss) carried forward | 14 | €0 | -€59,672 | -€59,672 | |
| Amounts payable | 17/49 | €1,914,162 | €1,907,131 | -€7,030 | -0.4% |
| Amounts payable after more than one year | 17 | €1,536,971 | €1,447,426 | -€89,544 | -5.8% |
| Financial debts | 170/4 | €1,371,971 | €1,292,426 | -€79,544 | -5.8% |
| Other amounts payable | 178/9 | €165,000 | €155,000 | -€10,000 | -6.1% |
| Amounts payable within one year | 42/48 | €358,514 | €435,005 | +€76,490 | +21.3% |
| Current portion of amounts payable after more than one year | 42 | €77,279 | €79,544 | +€2,265 | +2.9% |
| Financial debts | 43 | €3,258 | €1,469 | -€1,789 | -54.9% |
| Credit institutions | 430/8 | €3,258 | €1,469 | -€1,789 | -54.9% |
| Trade debts | 44 | €15,955 | €27,547 | +€11,592 | +72.7% |
| Suppliers | 440/4 | €15,955 | €27,547 | +€11,592 | +72.7% |
| Taxes, remuneration and social security | 45 | €33,158 | €10,734 | -€22,424 | -67.6% |
| Taxes | 450/3 | €33,158 | €10,734 | -€22,424 | -67.6% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €228,864 | €315,710 | +€86,845 | +37.9% |
| Accrued charges and deferred income | 492/3 | €18,677 | €24,701 | +€6,024 | +32.3% |
| Non-recurring operating income | 76A | €4,095 | €0 | -€4,095 | -100.0% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,643 | €53,518 | +€23,875 | +80.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,523 | €0 | -€1,523 | -100.0% |
| Other operating charges | 640/8 | €20,552 | €29,848 | +€9,296 | +45.2% |
| Non-recurring operating charges | 66A | €809 | €0 | -€809 | -100.0% |
| Gross operating margin | 9900 | €141,034 | €95,006 | -€46,027 | -32.6% |
| Operating profit (loss) | 9901 | €88,506 | €11,640 | -€76,866 | -86.8% |
| Financial income | 75/76B | €144 | €538 | +€394 | +273.7% |
| Recurring financial income | 75 | €144 | €538 | +€394 | +273.7% |
| Financial charges | 65/66B | €47,776 | €71,616 | +€23,840 | +49.9% |
| Recurring financial charges | 65 | €47,776 | €71,616 | +€23,840 | +49.9% |
| Profit (loss) for the period before taxes | 9903 | €40,874 | -€59,438 | -€100,312 | |
| Income taxes | 67/77 | €11,437 | €234 | -€11,203 | -98.0% |
| Profit (loss) for the period | 9904 | €29,437 | -€59,672 | -€89,109 | |
| Profit (loss) for the period to be appropriated | 9905 | €29,437 | -€59,672 | -€89,109 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.