ANL Services: 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.
ANL Services
Largest movements
- Receivables within one year -€87,340
down €87,340 (-44.6%), from €196,045 to €108,705
of which Other amounts receivable: -€96,879
- Tangible fixed assets +€34,920
up €34,920 (+1.8%), from €2.0m to €2.0m
of which Furniture and vehicles: +€29,874
- Intangible fixed assets -€34,000
down €34,000 (-60.0%), from €56,667 to €22,667
- Cash -€32,208
down €32,208 (-33.0%), from €97,636 to €65,428
mainly Contributions, distributions and other (-€310,586) and Investment in fixed assets (net) (-€274,805)
- Reserves -€202,620
down €202,620 (-26.2%), from €773,001 to €570,381
of which Distributable reserves: -€190,285
- Debts after one year +€75,523
up €75,523 (+6.8%), from €1.1m to €1.2m
- Trade debts -€45,899
down €45,899 (-84.0%), from €54,615 to €8,716
- Current portion of long-term debt +€29,547
up €29,547 (+12.0%), from €245,465 to €275,012
- Gross operating margin +€39,405
up €39,405 (+6.0%), from €656,812 to €696,218
- Staff costs -€35,635
down €35,635 (-12.8%), from €278,599 to €242,963
- Depreciation +€17,334
up €17,334 (+6.8%), from €256,552 to €273,885
- Taxes +€16,473
up €16,473 (+43.6%), from €37,812 to €54,285
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 | €2,356,334 | €2,225,749 | -€130,585 | -5.5% |
| Fixed assets | 21/28 | €2,036,948 | €2,037,868 | +€920 | 0.0% |
| Intangible fixed assets | 21 | €56,667 | €22,667 | -€34,000 | -60.0% |
| Tangible fixed assets | 22/27 | €1,980,281 | €2,015,201 | +€34,920 | +1.8% |
| Land and buildings | 22 | €1,963,483 | €1,965,332 | +€1,849 | +0.1% |
| Plant, machinery and equipment | 23 | €281 | €3,667 | +€3,386 | +1203.1% |
| Furniture and vehicles | 24 | €16,012 | €45,886 | +€29,874 | +186.6% |
| Other tangible fixed assets | 26 | €505 | €316 | -€189 | -37.5% |
| Current assets | 29/58 | €319,386 | €187,881 | -€131,505 | -41.2% |
| Amounts receivable after more than one year | 29 | €13,000 | - | -€13,000 | |
| Other amounts receivable | 291 | €13,000 | - | -€13,000 | |
| Amounts receivable within one year | 40/41 | €196,045 | €108,705 | -€87,340 | -44.6% |
| Trade receivables | 40 | €62,345 | €71,885 | +€9,540 | +15.3% |
| Other amounts receivable | 41 | €133,700 | €36,821 | -€96,879 | -72.5% |
| Cash at bank and in hand | 54/58 | €97,636 | €65,428 | -€32,208 | -33.0% |
| Deferred charges and accrued income | 490/1 | €12,705 | €13,748 | +€1,043 | +8.2% |
| Total equity and liabilities | 10/49 | €2,356,334 | €2,225,749 | -€130,585 | -5.5% |
| Equity | 10/15 | €847,602 | €643,305 | -€204,298 | -24.1% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €773,001 | €570,381 | -€202,620 | -26.2% |
| Tax-exempt reserves | 132 | €20,559 | €8,224 | -€12,335 | -60.0% |
| Distributable reserves | 133 | €752,442 | €562,158 | -€190,285 | -25.3% |
| Investment grants | 15 | €24,601 | €22,924 | -€1,677 | -6.8% |
| Provisions and deferred taxes | 16 | €15,053 | €10,382 | -€4,671 | -31.0% |
| Deferred taxes | 168 | €15,053 | €10,382 | -€4,671 | -31.0% |
| Amounts payable | 17/49 | €1,493,678 | €1,572,061 | +€78,384 | +5.2% |
| Amounts payable after more than one year | 17 | €1,108,718 | €1,184,241 | +€75,523 | +6.8% |
| Financial debts | 170/4 | €1,108,718 | €1,184,241 | +€75,523 | +6.8% |
| Amounts payable within one year | 42/48 | €373,486 | €365,274 | -€8,211 | -2.2% |
| Current portion of amounts payable after more than one year | 42 | €245,465 | €275,012 | +€29,547 | +12.0% |
| Financial debts | 43 | - | €7,986 | +€7,986 | |
| Credit institutions | 430/8 | - | €7,986 | +€7,986 | |
| Trade debts | 44 | €54,615 | €8,716 | -€45,899 | -84.0% |
| Suppliers | 440/4 | €54,615 | €8,716 | -€45,899 | -84.0% |
| Taxes, remuneration and social security | 45 | €73,405 | €63,059 | -€10,346 | -14.1% |
| Taxes | 450/3 | €30,756 | €24,262 | -€6,494 | -21.1% |
| Remuneration and social security | 454/9 | €42,649 | €38,798 | -€3,852 | -9.0% |
| Other amounts payable | 47/48 | - | €10,500 | +€10,500 | |
| Accrued charges and deferred income | 492/3 | €11,474 | €22,546 | +€11,072 | +96.5% |
| Non-recurring operating income | 76A | - | €8,206 | +€8,206 | |
| Remuneration, social security and pensions | 62 | €278,599 | €242,963 | -€35,635 | -12.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €256,552 | €273,885 | +€17,334 | +6.8% |
| Other operating charges | 640/8 | €14,074 | €10,702 | -€3,372 | -24.0% |
| Gross operating margin | 9900 | €656,812 | €696,218 | +€39,405 | +6.0% |
| Operating profit (loss) | 9901 | €107,588 | €168,667 | +€61,079 | +56.8% |
| Financial income | 75/76B | €8,727 | €9,974 | +€1,248 | +14.3% |
| Recurring financial income | 75 | €8,727 | €9,974 | +€1,248 | +14.3% |
| Financial charges | 65/66B | €20,890 | €22,740 | +€1,849 | +8.9% |
| Recurring financial charges | 65 | €20,890 | €22,740 | +€1,849 | +8.9% |
| Profit (loss) for the period before taxes | 9903 | €95,425 | €155,902 | +€60,477 | +63.4% |
| Transfer from deferred taxes | 780 | €4,671 | €4,671 | = | 0.0% |
| Income taxes | 67/77 | €37,812 | €54,285 | +€16,473 | +43.6% |
| Profit (loss) for the period | 9904 | €62,284 | €106,288 | +€44,004 | +70.7% |
| Transfer from tax-exempt reserves | 789 | €12,335 | €12,335 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €74,620 | €118,624 | +€44,004 | +59.0% |
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 3 October 2026 via checked.be.