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
- Tangible fixed assets -€32,133
down €32,133 (-16.7%), from €191,840 to €159,707
of which Land and buildings: -€21,951
- Cash +€9,360
up €9,360 (+13.5%), from €69,104 to €78,464
mainly Depreciation (+€32,133) and Net result for the year (+€11,389)
- Debts after one year -€33,030
down €33,030 (-12.0%), from €274,253 to €241,224
- Profit (loss) carried forward +€11,389
up €11,389 (+5.0%), from €226,440 to €237,829
- Gross operating margin -€19,897
down €19,897 (-22.6%), from €88,200 to €68,303
- Taxes -€6,841
down €6,841 (-61.2%), from €11,173 to €4,331
- Financial charges +€1,541
up €1,541 (+9.9%), from €15,637 to €17,178
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 | €680,046 | €655,922 | -€24,124 | -3.5% |
| Fixed assets | 21/28 | €191,840 | €159,707 | -€32,133 | -16.7% |
| Tangible fixed assets | 22/27 | €191,840 | €159,707 | -€32,133 | -16.7% |
| Land and buildings | 22 | €153,658 | €131,707 | -€21,951 | -14.3% |
| Furniture and vehicles | 24 | €38,182 | €28,000 | -€10,182 | -26.7% |
| Current assets | 29/58 | €488,206 | €496,215 | +€8,009 | +1.6% |
| Amounts receivable within one year | 40/41 | €17,401 | €16,059 | -€1,342 | -7.7% |
| Trade receivables | 40 | €10,944 | €10,059 | -€885 | -8.1% |
| Other amounts receivable | 41 | €6,456 | €6,000 | -€456 | -7.1% |
| Current investments | 50/53 | €400,000 | €400,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €69,104 | €78,464 | +€9,360 | +13.5% |
| Deferred charges and accrued income | 490/1 | €1,702 | €1,692 | -€10 | -0.6% |
| Total equity and liabilities | 10/49 | €680,046 | €655,922 | -€24,124 | -3.5% |
| Equity | 10/15 | €336,440 | €347,829 | +€11,389 | +3.4% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €10,000 | €10,000 | = | 0.0% |
| Distributable reserves | 133 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €226,440 | €237,829 | +€11,389 | +5.0% |
| Provisions and deferred taxes | 16 | €56,119 | €56,119 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €56,119 | €56,119 | = | 0.0% |
| Pensions and similar obligations | 160 | €56,119 | €56,119 | = | 0.0% |
| Amounts payable | 17/49 | €287,487 | €251,974 | -€35,513 | -12.4% |
| Amounts payable after more than one year | 17 | €274,253 | €241,224 | -€33,030 | -12.0% |
| Financial debts | 170/4 | €274,253 | €241,224 | -€33,030 | -12.0% |
| Amounts payable within one year | 42/48 | €13,233 | €10,750 | -€2,483 | -18.8% |
| Trade debts | 44 | €3,333 | €3,242 | -€91 | -2.7% |
| Suppliers | 440/4 | €3,333 | €3,242 | -€91 | -2.7% |
| Taxes, remuneration and social security | 45 | €9,900 | €7,508 | -€2,392 | -24.2% |
| Taxes | 450/3 | €9,900 | €7,508 | -€2,392 | -24.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,133 | €32,133 | = | 0.0% |
| Other operating charges | 640/8 | €3,487 | €3,916 | +€429 | +12.3% |
| Gross operating margin | 9900 | €88,200 | €68,303 | -€19,897 | -22.6% |
| Operating profit (loss) | 9901 | €52,580 | €32,254 | -€20,326 | -38.7% |
| Financial income | 75/76B | €0 | €645 | +€645 | +2149400.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -33.3% |
| Non-recurring financial income | 76B | - | €645 | +€645 | |
| Financial charges | 65/66B | €15,637 | €17,178 | +€1,541 | +9.9% |
| Recurring financial charges | 65 | €15,637 | €17,178 | +€1,541 | +9.9% |
| Profit (loss) for the period before taxes | 9903 | €36,943 | €15,720 | -€21,222 | -57.4% |
| Income taxes | 67/77 | €11,173 | €4,331 | -€6,841 | -61.2% |
| Profit (loss) for the period | 9904 | €25,770 | €11,389 | -€14,381 | -55.8% |
| Profit (loss) for the period to be appropriated | 9905 | €25,770 | €11,389 | -€14,381 | -55.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 May 2024 and 31 May 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.