ANSBEL: 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.
ANSBEL
Largest movements
- Financial fixed assets -€13.6m
no longer reported in 2025 (was €13.6m)
- Receivables within one year +€469,966
new in 2025: €469,966
- Profit (loss) carried forward -€12.0m
no longer reported in 2025 (was €12.0m)
- Debts after one year -€1.1m
down €1.1m (-56.3%), from €2.0m to €878,378
of which Other amounts payable: -€1.1m
- Financial income +€3.9m
up €3.9m (+971.7%), from €400,000 to €4.3m
- Gross operating margin +€42,533
up €42,533 (+31.7%), from €134,265 to €176,798
- Financial charges -€19,769
down €19,769 (-33.0%), from €59,967 to €40,198
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 | €14,116,055 | €1,021,900 | -€13.1m | -92.8% |
| Fixed assets | 21/28 | €14,109,435 | €501,112 | -€13.6m | -96.4% |
| Tangible fixed assets | 22/27 | €521,964 | €501,112 | -€20,852 | -4.0% |
| Land and buildings | 22 | €521,964 | €501,112 | -€20,852 | -4.0% |
| Financial fixed assets | 28 | €13,587,471 | - | -€13.6m | |
| Current assets | 29/58 | €6,620 | €520,788 | +€514,168 | +7767.2% |
| Amounts receivable within one year | 40/41 | - | €469,966 | +€469,966 | |
| Other amounts receivable | 41 | - | €469,966 | +€469,966 | |
| Cash at bank and in hand | 54/58 | €6,620 | €49,447 | +€42,828 | +647.0% |
| Deferred charges and accrued income | 490/1 | - | €1,375 | +€1,375 | |
| Total equity and liabilities | 10/49 | €14,116,055 | €1,021,900 | -€13.1m | -92.8% |
| Equity | 10/15 | €12,040,517 | €68,200 | -€12.0m | -99.4% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,972,317 | - | -€12.0m | |
| Amounts payable | 17/49 | €2,075,537 | €953,700 | -€1.1m | -54.1% |
| Amounts payable after more than one year | 17 | €2,008,256 | €878,378 | -€1.1m | -56.3% |
| Financial debts | 170/4 | €947,215 | €878,378 | -€68,838 | -7.3% |
| Other amounts payable | 178/9 | €1,061,041 | - | -€1.1m | |
| Amounts payable within one year | 42/48 | €67,281 | €75,322 | +€8,041 | +12.0% |
| Current portion of amounts payable after more than one year | 42 | €67,281 | €68,838 | +€1,557 | +2.3% |
| Trade debts | 44 | - | €6,485 | +€6,485 | |
| Suppliers | 440/4 | - | €6,485 | +€6,485 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,852 | €20,852 | = | 0.0% |
| Other operating charges | 640/8 | €47,074 | €48,829 | +€1,755 | +3.7% |
| Gross operating margin | 9900 | €134,265 | €176,798 | +€42,533 | +31.7% |
| Operating profit (loss) | 9901 | €66,339 | €107,117 | +€40,778 | +61.5% |
| Financial income | 75/76B | €400,000 | €4,286,713 | +€3.9m | +971.7% |
| Recurring financial income | 75 | €400,000 | €4,286,713 | +€3.9m | +971.7% |
| Financial charges | 65/66B | €59,967 | €40,198 | -€19,769 | -33.0% |
| Recurring financial charges | 65 | €59,967 | €40,198 | -€19,769 | -33.0% |
| Profit (loss) for the period before taxes | 9903 | €406,372 | €4,353,632 | +€3.9m | +971.3% |
| Profit (loss) for the period | 9904 | €406,372 | €4,353,632 | +€3.9m | +971.3% |
| Profit (loss) for the period to be appropriated | 9905 | €406,372 | €4,353,632 | +€3.9m | +971.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.