ANSA: 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.
ANSA
Largest movements
- Cash -€5,339
down €5,339 (-100%), from €5,339 to €0
mainly Trade debts (-€3,834) and Net result for the year (-€2,897)
- Tangible fixed assets -€4,988
down €4,988 (-63.4%), from €7,866 to €2,878
of which Plant, machinery and equipment: -€4,460
- Receivables within one year +€2,895
up €2,895 (+25.8%), from €11,211 to €14,106
of which Other amounts receivable: +€5,500
- Deferred charges and accrued income +€642
new in 2025: €642
- Stocks and contracts +€375
up €375 (+9.9%), from €3,800 to €4,175
- Trade debts -€3,834
down €3,834 (-48.1%), from €7,971 to €4,138
- Short-term financial debts +€3,728
new in 2025: €3,728
- Profit (loss) carried forward -€2,897
down €2,897 (-58.4%), from €4,961 to €2,064
- Tax, wage and social debts -€2,156
down €2,156 (-32.9%), from €6,545 to €4,389
- Current portion of long-term debt -€1,226
no longer reported in 2025 (was €1,226)
- Gross operating margin -€16,066
down €16,066 (-54.1%), from €29,702 to €13,636
- Financial charges +€3,969
up €3,969 (+223%), from €1,776 to €5,745
- Staff costs -€3,291
down €3,291 (-55.7%), from €5,912 to €2,621
- Depreciation -€1,291
down €1,291 (-20.6%), from €6,279 to €4,988
- Taxes -€1,019
down €1,019 (-24.5%), from €4,152 to €3,134
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 | €32,791 | €26,375 | -€6,416 | -19.6% |
| Fixed assets | 21/28 | €12,441 | €7,453 | -€4,988 | -40.1% |
| Tangible fixed assets | 22/27 | €7,866 | €2,878 | -€4,988 | -63.4% |
| Plant, machinery and equipment | 23 | €7,310 | €2,850 | -€4,460 | -61.0% |
| Furniture and vehicles | 24 | €556 | €28 | -€528 | -95.0% |
| Financial fixed assets | 28 | €4,575 | €4,575 | = | 0.0% |
| Current assets | 29/58 | €20,350 | €18,923 | -€1,427 | -7.0% |
| Stocks and contracts in progress | 3 | €3,800 | €4,175 | +€375 | +9.9% |
| Stocks | 30/36 | €3,800 | €4,175 | +€375 | +9.9% |
| Amounts receivable within one year | 40/41 | €11,211 | €14,106 | +€2,895 | +25.8% |
| Trade receivables | 40 | €2,605 | - | -€2,605 | |
| Other amounts receivable | 41 | €8,606 | €14,106 | +€5,500 | +63.9% |
| Cash at bank and in hand | 54/58 | €5,339 | €0 | -€5,339 | -100% |
| Deferred charges and accrued income | 490/1 | - | €642 | +€642 | |
| Total equity and liabilities | 10/49 | €32,791 | €26,375 | -€6,416 | -19.6% |
| Equity | 10/15 | €16,961 | €14,064 | -€2,897 | -17.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €9,000 | €9,000 | = | 0.0% |
| Distributable reserves | 133 | €9,000 | €9,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,961 | €2,064 | -€2,897 | -58.4% |
| Amounts payable | 17/49 | €15,830 | €12,311 | -€3,519 | -22.2% |
| Amounts payable within one year | 42/48 | €15,830 | €12,311 | -€3,519 | -22.2% |
| Current portion of amounts payable after more than one year | 42 | €1,226 | - | -€1,226 | |
| Financial debts | 43 | - | €3,728 | +€3,728 | |
| Credit institutions | 430/8 | - | €3,728 | +€3,728 | |
| Trade debts | 44 | €7,971 | €4,138 | -€3,834 | -48.1% |
| Suppliers | 440/4 | €7,971 | €4,138 | -€3,834 | -48.1% |
| Taxes, remuneration and social security | 45 | €6,545 | €4,389 | -€2,156 | -32.9% |
| Taxes | 450/3 | €6,545 | €4,389 | -€2,156 | -32.9% |
| Other amounts payable | 47/48 | €88 | €57 | -€31 | -35.6% |
| Remuneration, social security and pensions | 62 | €5,912 | €2,621 | -€3,291 | -55.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,279 | €4,988 | -€1,291 | -20.6% |
| Other operating charges | 640/8 | €1,525 | €1,019 | -€506 | -33.2% |
| Gross operating margin | 9900 | €29,702 | €13,636 | -€16,066 | -54.1% |
| Operating profit (loss) | 9901 | €15,986 | €5,008 | -€10,978 | -68.7% |
| Financial income | 75/76B | €37 | €974 | +€936 | +2,510% |
| Recurring financial income | 75 | €37 | €974 | +€936 | +2,510% |
| Financial charges | 65/66B | €1,776 | €5,745 | +€3,969 | +223% |
| Recurring financial charges | 65 | €1,776 | €5,745 | +€3,969 | +223% |
| Profit (loss) for the period before taxes | 9903 | €14,247 | €237 | -€14,010 | -98.3% |
| Income taxes | 67/77 | €4,152 | €3,134 | -€1,019 | -24.5% |
| Profit (loss) for the period | 9904 | €10,095 | -€2,897 | -€12,992 | |
| Profit (loss) for the period to be appropriated | 9905 | €10,095 | -€2,897 | -€12,992 |
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 26 October 2026 via checked.be.