ANKO BVBA: 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.
ANKO BVBA
Largest movements
- Receivables within one year +€98,036
up €98,036 (+135%), from €72,873 to €170,909
of which Trade receivables: +€69,878
- Cash -€14,744
down €14,744 (-10.9%), from €135,015 to €120,271
mainly Receivables within one year (-€98,036) and Contributions, distributions and other (-€17,999)
- Tangible fixed assets -€10,022
down €10,022 (-22.5%), from €44,493 to €34,471
- Profit (loss) carried forward +€58,114
up €58,114 (+53.7%), from €108,241 to €166,355
- Other debts +€28,145
new in 2025: €28,145
- Trade debts -€9,434
down €9,434 (-90.8%), from €10,388 to €954
- Tax, wage and social debts -€5,917
down €5,917 (-28.1%), from €21,043 to €15,126
of which Taxes: -€5,867
- Taxes -€17,354
down €17,354 (-69.5%), from €24,965 to €7,611
- Gross operating margin +€12,513
up €12,513 (+10.0%), from €124,884 to €137,397
- Financial income -€2,052
down €2,052 (-78.5%), from €2,613 to €561
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.
Derived cash bridge
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 | €254,744 | €325,651 | +€70,908 | +27.8% |
| Fixed assets | 21/28 | €44,493 | €34,471 | -€10,022 | -22.5% |
| Tangible fixed assets | 22/27 | €44,493 | €34,471 | -€10,022 | -22.5% |
| Plant, machinery and equipment | 23 | €44,493 | €34,471 | -€10,022 | -22.5% |
| Current assets | 29/58 | €210,251 | €291,180 | +€80,929 | +38.5% |
| Amounts receivable within one year | 40/41 | €72,873 | €170,909 | +€98,036 | +135% |
| Trade receivables | 40 | - | €69,878 | +€69,878 | |
| Other amounts receivable | 41 | €72,873 | €101,031 | +€28,158 | +38.6% |
| Cash at bank and in hand | 54/58 | €135,015 | €120,271 | -€14,744 | -10.9% |
| Deferred charges and accrued income | 490/1 | €2,363 | - | -€2,363 | |
| Total equity and liabilities | 10/49 | €254,744 | €325,651 | +€70,908 | +27.8% |
| Equity | 10/15 | €223,312 | €281,426 | +€58,114 | +26.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €96,471 | €96,471 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €94,611 | €94,611 | = | 0.0% |
| Profit (loss) carried forward | 14 | €108,241 | €166,355 | +€58,114 | +53.7% |
| Amounts payable | 17/49 | €31,431 | €44,225 | +€12,794 | +40.7% |
| Amounts payable within one year | 42/48 | €31,431 | €44,225 | +€12,794 | +40.7% |
| Trade debts | 44 | €10,388 | €954 | -€9,434 | -90.8% |
| Suppliers | 440/4 | €10,388 | €954 | -€9,434 | -90.8% |
| Taxes, remuneration and social security | 45 | €21,043 | €15,126 | -€5,917 | -28.1% |
| Taxes | 450/3 | €13,478 | €7,611 | -€5,867 | -43.5% |
| Remuneration and social security | 454/9 | €7,565 | €7,515 | -€51 | -0.7% |
| Other amounts payable | 47/48 | - | €28,145 | +€28,145 | |
| Remuneration, social security and pensions | 62 | €42,263 | €42,098 | -€166 | -0.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,889 | €10,896 | +€1,007 | +10.2% |
| Other operating charges | 640/8 | €1,141 | €1,132 | -€9 | -0.8% |
| Gross operating margin | 9900 | €124,884 | €137,397 | +€12,513 | +10.0% |
| Operating profit (loss) | 9901 | €71,591 | €83,272 | +€11,681 | +16.3% |
| Financial income | 75/76B | €2,613 | €561 | -€2,052 | -78.5% |
| Recurring financial income | 75 | €2,613 | €561 | -€2,052 | -78.5% |
| Financial charges | 65/66B | €129 | €108 | -€20 | -15.7% |
| Recurring financial charges | 65 | €129 | €108 | -€20 | -15.7% |
| Profit (loss) for the period before taxes | 9903 | €74,075 | €83,725 | +€9,649 | +13.0% |
| Income taxes | 67/77 | €24,965 | €7,611 | -€17,354 | -69.5% |
| Profit (loss) for the period | 9904 | €49,110 | €76,113 | +€27,003 | +55.0% |
| Profit (loss) for the period to be appropriated | 9905 | €49,110 | €76,113 | +€27,003 | +55.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.