ANNCO: 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.
ANNCO
Largest movements
- Cash +€7,221
up €7,221 (+258%), from €2,797 to €10,019
mainly Receivables within one year (+€3,712) and Net result for the year (+€2,988)
- Receivables within one year -€3,712
down €3,712 (-74.7%), from €4,973 to €1,260
of which Trade receivables: -€4,973
- Reserves +€2,155
up €2,155 (+62.7%), from €3,435 to €5,590
- Tax, wage and social debts +€1,266
up €1,266 (+98.3%), from €1,288 to €2,554
- Other debts +€583
new in 2025: €583
- Trade debts -€495
down €495 (-90.6%), from €547 to €51
- Gross operating margin -€1,577
down €1,577 (-27.3%), from €5,769 to €4,192
- Other operating charges -€883
down €883 (-84.4%), from €1,046 to €163
- Taxes -€272
down €272 (-21.1%), from €1,288 to €1,016
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 | €7,770 | €11,279 | +€3,509 | +45.2% |
| Current assets | 29/58 | €7,770 | €11,279 | +€3,509 | +45.2% |
| Amounts receivable within one year | 40/41 | €4,973 | €1,260 | -€3,712 | -74.7% |
| Trade receivables | 40 | €4,973 | €0 | -€4,973 | -100% |
| Other amounts receivable | 41 | - | €1,260 | +€1,260 | |
| Cash at bank and in hand | 54/58 | €2,797 | €10,019 | +€7,221 | +258% |
| Total equity and liabilities | 10/49 | €7,770 | €11,279 | +€3,509 | +45.2% |
| Equity | 10/15 | €5,935 | €8,090 | +€2,155 | +36.3% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €3,435 | €5,590 | +€2,155 | +62.7% |
| Distributable reserves | 133 | €3,435 | €5,590 | +€2,155 | +62.7% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €1,835 | €3,189 | +€1,354 | +73.8% |
| Amounts payable within one year | 42/48 | €1,835 | €3,189 | +€1,354 | +73.8% |
| Trade debts | 44 | €547 | €51 | -€495 | -90.6% |
| Suppliers | 440/4 | €547 | €51 | -€495 | -90.6% |
| Taxes, remuneration and social security | 45 | €1,288 | €2,554 | +€1,266 | +98.3% |
| Taxes | 450/3 | €1,288 | €2,554 | +€1,266 | +98.3% |
| Other amounts payable | 47/48 | - | €583 | +€583 | |
| Other operating charges | 640/8 | €1,046 | €163 | -€883 | -84.4% |
| Gross operating margin | 9900 | €5,769 | €4,192 | -€1,577 | -27.3% |
| Operating profit (loss) | 9901 | €4,723 | €4,028 | -€695 | -14.7% |
| Financial income | 75/76B | - | €11 | +€11 | |
| Recurring financial income | 75 | - | €11 | +€11 | |
| Financial charges | 65/66B | - | €35 | +€35 | |
| Recurring financial charges | 65 | - | €35 | +€35 | |
| Profit (loss) for the period before taxes | 9903 | €4,723 | €4,004 | -€719 | -15.2% |
| Income taxes | 67/77 | €1,288 | €1,016 | -€272 | -21.1% |
| Profit (loss) for the period | 9904 | €3,435 | €2,988 | -€447 | -13.0% |
| Profit (loss) for the period to be appropriated | 9905 | €3,435 | €2,988 | -€447 | -13.0% |
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 15 October 2026 via checked.be.