ANSO V: 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.
ANSO V
Largest movements
- Receivables after one year -€4,855
down €4,855 (-100%), from €4,855 to €0
- Cash -€4,506
down €4,506 (-32.9%), from €13,692 to €9,186
mainly Contributions, distributions and other (-€73,402) and Current portion of long-term debt (-€9,984)
- Receivables within one year -€2,710
down €2,710 (-18.1%), from €14,942 to €12,232
of which Other amounts receivable: -€3,056
- Tangible fixed assets -€2,618
down €2,618 (-19.8%), from €13,207 to €10,589
of which Other tangible fixed assets: -€1,389
- Deferred charges and accrued income +€1,832
up €1,832 (+5,926%), from €31 to €1,863
- Other debts +€49,123
up €49,123 (+935%), from €5,255 to €54,378
- Reserves -€39,579
down €39,579 (-100%), from €39,579 to €0
- Contributions -€11,024
down €11,024 (-91.7%), from €12,024 to €1,000
- Current portion of long-term debt -€9,984
down €9,984 (-74.9%), from €13,336 to €3,352
- Debts after one year -€3,352
down €3,352 (-100%), from €3,352 to €0
- Turnover -€100,473
no longer reported in 2025 (was €100,473)
- Purchases and services -€53,097
no longer reported in 2025 (was €53,097)
- Gross operating margin -€16,965
down €16,965 (-35.2%), from €48,186 to €31,220
- Taxes -€6,324
down €6,324 (-51.1%), from €12,382 to €6,057
- Financial income +€1,678
up €1,678 (+525%), from €320 to €1,998
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 | €76,727 | €64,582 | -€12,145 | -15.8% |
| Fixed assets | 21/28 | €13,207 | €11,301 | -€1,906 | -14.4% |
| Tangible fixed assets | 22/27 | €13,207 | €10,589 | -€2,618 | -19.8% |
| Furniture and vehicles | 24 | €2,652 | €1,424 | -€1,229 | -46.3% |
| Other tangible fixed assets | 26 | €10,555 | €9,165 | -€1,389 | -13.2% |
| Financial fixed assets | 28 | - | €712 | +€712 | |
| Current assets | 29/58 | €63,520 | €53,281 | -€10,239 | -16.1% |
| Amounts receivable after more than one year | 29 | €4,855 | €0 | -€4,855 | -100% |
| Other amounts receivable | 291 | €4,855 | €0 | -€4,855 | -100% |
| Amounts receivable within one year | 40/41 | €14,942 | €12,232 | -€2,710 | -18.1% |
| Trade receivables | 40 | - | €346 | +€346 | |
| Other amounts receivable | 41 | €14,942 | €11,886 | -€3,056 | -20.5% |
| Current investments | 50/53 | €30,000 | €30,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €13,692 | €9,186 | -€4,506 | -32.9% |
| Deferred charges and accrued income | 490/1 | €31 | €1,863 | +€1,832 | +5,926% |
| Total equity and liabilities | 10/49 | €76,727 | €64,582 | -€12,145 | -15.8% |
| Equity | 10/15 | €51,603 | €1,000 | -€50,603 | -98.1% |
| Contributions | 10/11 | €12,024 | €1,000 | -€11,024 | -91.7% |
| Reserves | 13 | €39,579 | €0 | -€39,579 | -100% |
| Distributable reserves | 133 | €39,579 | €0 | -€39,579 | -100% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €25,124 | €63,582 | +€38,458 | +153% |
| Amounts payable after more than one year | 17 | €3,352 | €0 | -€3,352 | -100% |
| Financial debts | 170/4 | €3,352 | €0 | -€3,352 | -100% |
| Amounts payable within one year | 42/48 | €21,772 | €63,062 | +€41,289 | +190% |
| Current portion of amounts payable after more than one year | 42 | €13,336 | €3,352 | -€9,984 | -74.9% |
| Trade debts | 44 | €1,099 | €1,173 | +€74 | +6.7% |
| Suppliers | 440/4 | €1,099 | €1,173 | +€74 | +6.7% |
| Taxes, remuneration and social security | 45 | €2,082 | €4,159 | +€2,077 | +99.8% |
| Taxes | 450/3 | €2,082 | €4,159 | +€2,077 | +99.8% |
| Other amounts payable | 47/48 | €5,255 | €54,378 | +€49,123 | +935% |
| Accrued charges and deferred income | 492/3 | - | €520 | +€520 | |
| Turnover | 70 | €100,473 | - | -€100,473 | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €53,097 | - | -€53,097 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,289 | €2,618 | +€329 | +14.4% |
| Other operating charges | 640/8 | €505 | €1,057 | +€551 | +109% |
| Non-recurring operating charges | 66A | €309 | €0 | -€309 | -100% |
| Gross operating margin | 9900 | €48,186 | €31,220 | -€16,965 | -35.2% |
| Operating profit (loss) | 9901 | €45,083 | €27,546 | -€17,537 | -38.9% |
| Financial income | 75/76B | €320 | €1,998 | +€1,678 | +525% |
| Recurring financial income | 75 | €320 | €1,998 | +€1,678 | +525% |
| Financial charges | 65/66B | €398 | €687 | +€289 | +72.8% |
| Recurring financial charges | 65 | €398 | €687 | +€289 | +72.8% |
| Profit (loss) for the period before taxes | 9903 | €45,005 | €28,856 | -€16,148 | -35.9% |
| Income taxes | 67/77 | €12,382 | €6,057 | -€6,324 | -51.1% |
| Profit (loss) for the period | 9904 | €32,623 | €22,799 | -€9,824 | -30.1% |
| Profit (loss) for the period to be appropriated | 9905 | €32,623 | €22,799 | -€9,824 | -30.1% |
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 25 October 2026 via checked.be.