Ansa Projects: 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 Projects
Largest movements
- Receivables within one year +€38,438
up €38,438 (+97.2%), from €39,532 to €77,969
of which Trade receivables: +€44,446
- Cash -€29,366
down €29,366 (-46.0%), from €63,830 to €34,464
mainly Receivables within one year (-€38,438) and Debts after one year (-€10,705)
- Trade debts +€15,883
up €15,883 (+62.5%), from €25,403 to €41,286
- Reserves +€11,832
up €11,832 (+15.9%), from €74,476 to €86,308
- Debts after one year -€10,705
down €10,705 (-92.2%), from €11,604 to €899
- Tax, wage and social debts -€3,248
no longer reported in 2025 (was €3,248)
- Current portion of long-term debt -€2,703
down €2,703 (-20.2%), from €13,408 to €10,705
- Gross operating margin -€29,462
down €29,462 (-61.3%), from €48,078 to €18,616
- Depreciation -€19,653
no longer reported in 2025 (was €19,653)
- Other operating charges -€2,525
down €2,525 (-60.8%), from €4,154 to €1,630
- Taxes -€1,076
down €1,076 (-20.5%), from €5,248 to €4,173
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 | €137,590 | €147,269 | +€9,679 | +7.0% |
| Fixed assets | 21/28 | €33,519 | €33,519 | = | 0.0% |
| Tangible fixed assets | 22/27 | €33,519 | €33,519 | = | 0.0% |
| Plant, machinery and equipment | 23 | €33,519 | €33,519 | = | 0.0% |
| Current assets | 29/58 | €104,072 | €113,751 | +€9,679 | +9.3% |
| Amounts receivable within one year | 40/41 | €39,532 | €77,969 | +€38,438 | +97.2% |
| Trade receivables | 40 | €29,133 | €73,579 | +€44,446 | +152.6% |
| Other amounts receivable | 41 | €10,398 | €4,390 | -€6,008 | -57.8% |
| Cash at bank and in hand | 54/58 | €63,830 | €34,464 | -€29,366 | -46.0% |
| Deferred charges and accrued income | 490/1 | €710 | €1,318 | +€607 | +85.5% |
| Total equity and liabilities | 10/49 | €137,590 | €147,269 | +€9,679 | +7.0% |
| Equity | 10/15 | €75,676 | €87,508 | +€11,832 | +15.6% |
| Contributions | 10/11 | €1,200 | €1,200 | = | 0.0% |
| Reserves | 13 | €74,476 | €86,308 | +€11,832 | +15.9% |
| Distributable reserves | 133 | €74,476 | €86,308 | +€11,832 | +15.9% |
| Amounts payable | 17/49 | €61,914 | €59,761 | -€2,153 | -3.5% |
| Amounts payable after more than one year | 17 | €11,604 | €899 | -€10,705 | -92.2% |
| Financial debts | 170/4 | €11,604 | €899 | -€10,705 | -92.2% |
| Amounts payable within one year | 42/48 | €50,310 | €58,862 | +€8,552 | +17.0% |
| Current portion of amounts payable after more than one year | 42 | €13,408 | €10,705 | -€2,703 | -20.2% |
| Trade debts | 44 | €25,403 | €41,286 | +€15,883 | +62.5% |
| Suppliers | 440/4 | €25,403 | €41,286 | +€15,883 | +62.5% |
| Taxes, remuneration and social security | 45 | €3,248 | - | -€3,248 | |
| Taxes | 450/3 | €3,248 | - | -€3,248 | |
| Other amounts payable | 47/48 | €8,251 | €6,871 | -€1,380 | -16.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,653 | - | -€19,653 | |
| Other operating charges | 640/8 | €4,154 | €1,630 | -€2,525 | -60.8% |
| Gross operating margin | 9900 | €48,078 | €18,616 | -€29,462 | -61.3% |
| Operating profit (loss) | 9901 | €24,271 | €16,986 | -€7,285 | -30.0% |
| Financial income | 75/76B | €275 | €32 | -€243 | -88.4% |
| Recurring financial income | 75 | €275 | €32 | -€243 | -88.4% |
| Financial charges | 65/66B | €1,390 | €1,013 | -€376 | -27.1% |
| Recurring financial charges | 65 | €1,390 | €1,013 | -€376 | -27.1% |
| Profit (loss) for the period before taxes | 9903 | €23,156 | €16,005 | -€7,151 | -30.9% |
| Income taxes | 67/77 | €5,248 | €4,173 | -€1,076 | -20.5% |
| Profit (loss) for the period | 9904 | €17,908 | €11,832 | -€6,075 | -33.9% |
| Profit (loss) for the period to be appropriated | 9905 | €17,908 | €11,832 | -€6,075 | -33.9% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.