ANSICA: 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.
What changed
ANSICA
NACE 68.201, Renting and operating of own or leased residential real estate, excluding social housing
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€3,273
2024 · €16,040-€12,767
Equity
€274,193
2024 · €281,753-€7,560
Cash
€1,102
2024 · €2,042-€940
Balance sheet total
€389,157
2024 · €499,854-€110,698
Largest movements
Assets
- Current investments -€107,035
down €107,035 (-79.3%), from €135,000 to €27,965
Equity and liabilities
- Debts after one year -€88,671
down €88,671 (-47.3%), from €187,384 to €98,712
- Current portion of long-term debt -€14,317
down €14,317 (-61.1%), from €23,415 to €9,098
- Reserves -€10,000
down €10,000 (-3.9%), from €256,334 to €246,334
of which Distributable reserves: -€10,000
Income statement
- Taxes +€11,396
up €11,396, from -€11,234 to €162
- Financial income -€6,364
down €6,364 (-82.9%), from €7,673 to €1,308
- Financial charges -€3,920
down €3,920 (-58.3%), from €6,729 to €2,809
of which Non-recurring financial charges: -€2,528
- Depreciation +€3,119
new in 2025: €3,119
- Other operating charges -€2,086
down €2,086 (-42.6%), from €4,901 to €2,815
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.
Result 2024
€16,040
Gross operating margin
+€1,969
Staff costs
+€136
Depreciation
-€3,119
Other operating charges
+€2,086
Financial income
-€6,364
Financial charges
+€3,920
Taxes
-€11,396
Result 2025
€3,273
raises the resultlowers the result
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.
From operations
+€7,797
Investment
+€106,485
Financing
-€115,222
Cash 2024
€2,042
From operations (derived)
+€7,797
Net result for the year
+€3,273
Depreciation
+€3,119
Receivables within one year
-€1,269
Deferred charges and accrued income
+€1,423
Smaller working-capital items
-€39
Other debts
+€2,584
Accrued charges and deferred income
-€1,294
Investment (derived)
+€106,485
Investment in fixed assets (net)
-€550
Current investments
+€107,035
Financing
-€115,222
Debts after one year
-€88,671
Current portion of long-term debt
-€14,317
Short-term financial debts
-€1,400
Contributions, distributions and other
-€10,833
Cash 2025
€1,102
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €499,854 | €389,157 | -€110,698 | -22.1% |
| Fixed assets | 21/28 | €359,486 | €356,918 | -€2,569 | -0.7% |
| Tangible fixed assets | 22/27 | €359,486 | €356,918 | -€2,569 | -0.7% |
| Land and buildings | 22 | €335,705 | €335,262 | -€443 | -0.1% |
| Plant, machinery and equipment | 23 | €1,199 | €864 | -€335 | -27.9% |
| Furniture and vehicles | 24 | €19,784 | €19,099 | -€685 | -3.5% |
| Other tangible fixed assets | 26 | €2,798 | €1,693 | -€1,105 | -39.5% |
| Current assets | 29/58 | €140,368 | €32,239 | -€108,129 | -77.0% |
| Amounts receivable within one year | 40/41 | €1,370 | €2,639 | +€1,269 | +92.6% |
| Trade receivables | 40 | - | €2,414 | +€2,414 | |
| Other amounts receivable | 41 | €1,370 | €225 | -€1,145 | -83.6% |
| Current investments | 50/53 | €135,000 | €27,965 | -€107,035 | -79.3% |
| Cash at bank and in hand | 54/58 | €2,042 | €1,102 | -€940 | -46.0% |
| Deferred charges and accrued income | 490/1 | €1,956 | €533 | -€1,423 | -72.8% |
| Total equity and liabilities | 10/49 | €499,854 | €389,157 | -€110,698 | -22.1% |
| Equity | 10/15 | €281,753 | €274,193 | -€7,560 | -2.7% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Contributions outside capital | 11 | €19,000 | €19,000 | = | 0.0% |
| Other | 1109/19 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €256,334 | €246,334 | -€10,000 | -3.9% |
| Non-distributable reserves | 130/1 | €1,900 | €1,900 | = | 0.0% |
| Legal reserve | 130 | €1,900 | €1,900 | = | 0.0% |
| Distributable reserves | 133 | €254,434 | €244,434 | -€10,000 | -3.9% |
| Profit (loss) carried forward | 14 | €6,419 | €8,859 | +€2,440 | +38.0% |
| Amounts payable | 17/49 | €218,101 | €114,964 | -€103,138 | -47.3% |
| Amounts payable after more than one year | 17 | €187,384 | €98,712 | -€88,671 | -47.3% |
| Financial debts | 170/4 | €187,384 | €98,712 | -€88,671 | -47.3% |
| Amounts payable within one year | 42/48 | €29,381 | €16,208 | -€13,173 | -44.8% |
| Current portion of amounts payable after more than one year | 42 | €23,415 | €9,098 | -€14,317 | -61.1% |
| Financial debts | 43 | €1,400 | - | -€1,400 | |
| Credit institutions | 430/8 | €86 | - | -€86 | |
| Other loans | 439 | €1,314 | - | -€1,314 | |
| Trade debts | 44 | €477 | €508 | +€30 | +6.4% |
| Suppliers | 440/4 | €477 | €508 | +€30 | +6.4% |
| Taxes, remuneration and social security | 45 | €609 | €540 | -€69 | -11.4% |
| Taxes | 450/3 | €609 | €540 | -€69 | -11.4% |
| Other amounts payable | 47/48 | €3,480 | €6,063 | +€2,584 | +74.3% |
| Accrued charges and deferred income | 492/3 | €1,337 | €43 | -€1,294 | -96.8% |
| Non-recurring operating income | 76A | - | €1,075 | +€1,075 | |
| Remuneration, social security and pensions | 62 | €136 | - | -€136 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €3,119 | +€3,119 | |
| Other operating charges | 640/8 | €4,901 | €2,815 | -€2,086 | -42.6% |
| Gross operating margin | 9900 | €8,900 | €10,870 | +€1,969 | +22.1% |
| Operating profit (loss) | 9901 | €3,863 | €4,936 | +€1,073 | +27.8% |
| Financial income | 75/76B | €7,673 | €1,308 | -€6,364 | -82.9% |
| Recurring financial income | 75 | €7,673 | €1,308 | -€6,364 | -82.9% |
| Financial charges | 65/66B | €6,729 | €2,809 | -€3,920 | -58.3% |
| Recurring financial charges | 65 | €4,201 | €2,809 | -€1,392 | -33.1% |
| Non-recurring financial charges | 66B | €2,528 | - | -€2,528 | |
| Profit (loss) for the period before taxes | 9903 | €4,807 | €3,435 | -€1,372 | -28.5% |
| Income taxes | 67/77 | -€11,234 | €162 | +€11,396 | |
| Profit (loss) for the period | 9904 | €16,040 | €3,273 | -€12,767 | -79.6% |
| Profit (loss) for the period to be appropriated | 9905 | €16,040 | €3,273 | -€12,767 | -79.6% |
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 20 October 2026 via checked.be.