ANO AKRO: 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.
ANO AKRO
Largest movements
- Current investments +€335,903
up €335,903 (+25.0%), from €1.3m to €1.7m
- Tangible fixed assets -€27,731
down €27,731 (-5.5%), from €504,689 to €476,958
of which Land and buildings: -€31,220
- Reserves +€475,880
up €475,880 (+24.5%), from €1.9m to €2.4m
of which Distributable reserves: +€358,000
- Profit (loss) carried forward -€188,732
down €188,732 (-99.5%), from €189,672 to €939
- Tax, wage and social debts +€27,751
up €27,751, from €0 to €27,751
- Gross operating margin +€45,353
up €45,353 (+11.9%), from €382,380 to €427,733
- Taxes +€33,604
up €33,604 (+40.5%), from €82,998 to €116,602
- Financial income +€31,364
up €31,364 (+283%), from €11,095 to €42,459
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 | €2,178,986 | €2,479,002 | +€300,016 | +13.8% |
| Fixed assets | 21/28 | €517,439 | €489,708 | -€27,731 | -5.4% |
| Tangible fixed assets | 22/27 | €504,689 | €476,958 | -€27,731 | -5.5% |
| Land and buildings | 22 | €481,627 | €450,407 | -€31,220 | -6.5% |
| Furniture and vehicles | 24 | €6,268 | €16,990 | +€10,722 | +171% |
| Other tangible fixed assets | 26 | €16,795 | €9,561 | -€7,233 | -43.1% |
| Financial fixed assets | 28 | €12,750 | €12,750 | = | 0.0% |
| Current assets | 29/58 | €1,661,547 | €1,989,294 | +€327,747 | +19.7% |
| Amounts receivable within one year | 40/41 | €3,448 | €2,432 | -€1,016 | -29.5% |
| Trade receivables | 40 | €51 | €2,432 | +€2,381 | +4,668% |
| Other amounts receivable | 41 | €3,397 | - | -€3,397 | |
| Current investments | 50/53 | €1,341,098 | €1,677,001 | +€335,903 | +25.0% |
| Cash at bank and in hand | 54/58 | €146,367 | €145,905 | -€462 | -0.3% |
| Deferred charges and accrued income | 490/1 | €170,634 | €163,956 | -€6,678 | -3.9% |
| Total equity and liabilities | 10/49 | €2,178,986 | €2,479,002 | +€300,016 | +13.8% |
| Equity | 10/15 | €2,144,066 | €2,431,214 | +€287,148 | +13.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,941,995 | €2,417,875 | +€475,880 | +24.5% |
| Tax-exempt reserves | 132 | €311,540 | €429,420 | +€117,880 | +37.8% |
| Distributable reserves | 133 | €1,630,455 | €1,988,455 | +€358,000 | +22.0% |
| Profit (loss) carried forward | 14 | €189,672 | €939 | -€188,732 | -99.5% |
| Amounts payable | 17/49 | €34,920 | €47,788 | +€12,868 | +36.9% |
| Amounts payable within one year | 42/48 | €34,920 | €46,156 | +€11,236 | +32.2% |
| Trade debts | 44 | €11,772 | €6,070 | -€5,702 | -48.4% |
| Suppliers | 440/4 | €11,772 | €6,070 | -€5,702 | -48.4% |
| Taxes, remuneration and social security | 45 | €0 | €27,751 | +€27,751 | |
| Taxes | 450/3 | €0 | €27,751 | +€27,751 | |
| Other amounts payable | 47/48 | €23,148 | €12,334 | -€10,813 | -46.7% |
| Accrued charges and deferred income | 492/3 | - | €1,632 | +€1,632 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,277 | €43,134 | -€2,143 | -4.7% |
| Other operating charges | 640/8 | €5,296 | €5,495 | +€198 | +3.7% |
| Non-recurring operating charges | 66A | €1,713 | €0 | -€1,713 | -100% |
| Gross operating margin | 9900 | €382,380 | €427,733 | +€45,353 | +11.9% |
| Operating profit (loss) | 9901 | €330,093 | €379,104 | +€49,011 | +14.8% |
| Financial income | 75/76B | €11,095 | €42,459 | +€31,364 | +283% |
| Recurring financial income | 75 | €11,095 | €42,459 | +€31,364 | +283% |
| Financial charges | 65/66B | €143 | €561 | +€417 | +291% |
| Recurring financial charges | 65 | €143 | €561 | +€417 | +291% |
| Profit (loss) for the period before taxes | 9903 | €341,045 | €421,003 | +€79,958 | +23.4% |
| Income taxes | 67/77 | €82,998 | €116,602 | +€33,604 | +40.5% |
| Profit (loss) for the period | 9904 | €258,047 | €304,400 | +€46,353 | +18.0% |
| Transfer from tax-exempt reserves | 789 | €53,400 | €0 | -€53,400 | -100% |
| Transfer to tax-exempt reserves | 689 | €122,090 | €117,880 | -€4,210 | -3.4% |
| Profit (loss) for the period to be appropriated | 9905 | €189,357 | €186,520 | -€2,837 | -1.5% |
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 27 October 2026 via checked.be.