ANSOMAT: 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.
ANSOMAT
Largest movements
- Intangible fixed assets +€455,270
new in 2025: €455,270
- Cash +€200,214
up €200,214 (+293%), from €68,410 to €268,624
mainly Short-term financial debts (+€367,881) and Accrued charges and deferred income (+€119,346)
- Receivables within one year +€112,825
up €112,825 (+25.0%), from €450,648 to €563,473
of which Trade receivables: +€113,571
- Stocks and contracts -€91,875
down €91,875 (-55.3%), from €166,054 to €74,179
- Deferred charges and accrued income -€70,769
down €70,769 (-95.5%), from €74,097 to €3,328
- Short-term financial debts +€367,881
up €367,881 (+184%), from €200,000 to €567,881
- Accrued charges and deferred income +€119,346
new in 2025: €119,346
- Tax, wage and social debts +€56,747
up €56,747 (+163%), from €34,885 to €91,632
of which Remuneration and social security: +€46,162
- Debts after one year -€53,733
down €53,733 (-29.8%), from €180,556 to €126,823
- Profit (loss) carried forward +€36,468
up €36,468 (+14.4%), from €252,683 to €289,151
- Gross operating margin +€40,329
up €40,329 (+10.5%), from €384,977 to €425,306
- Staff costs +€18,828
up €18,828 (+7.2%), from €261,349 to €280,177
- Financial income +€17,276
up €17,276 (+5,797%), from €298 to €17,574
of which Non-recurring financial income: +€16,283
- Taxes +€14,210
up €14,210 (+243%), from €5,837 to €20,047
- Other operating charges -€6,326
down €6,326 (-41.1%), from €15,390 to €9,064
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 | €1,113,991 | €1,688,124 | +€574,133 | +51.5% |
| Fixed assets | 21/28 | €354,782 | €778,520 | +€423,738 | +119% |
| Intangible fixed assets | 21 | - | €455,270 | +€455,270 | |
| Tangible fixed assets | 22/27 | €354,782 | €323,250 | -€31,532 | -8.9% |
| Land and buildings | 22 | €221,632 | €207,676 | -€13,956 | -6.3% |
| Plant, machinery and equipment | 23 | €123,535 | €106,986 | -€16,549 | -13.4% |
| Furniture and vehicles | 24 | €9,615 | €8,588 | -€1,027 | -10.7% |
| Current assets | 29/58 | €759,209 | €909,604 | +€150,395 | +19.8% |
| Stocks and contracts in progress | 3 | €166,054 | €74,179 | -€91,875 | -55.3% |
| Stocks | 30/36 | €166,054 | €74,179 | -€91,875 | -55.3% |
| Amounts receivable within one year | 40/41 | €450,648 | €563,473 | +€112,825 | +25.0% |
| Trade receivables | 40 | €441,204 | €554,775 | +€113,571 | +25.7% |
| Other amounts receivable | 41 | €9,444 | €8,698 | -€746 | -7.9% |
| Cash at bank and in hand | 54/58 | €68,410 | €268,624 | +€200,214 | +293% |
| Deferred charges and accrued income | 490/1 | €74,097 | €3,328 | -€70,769 | -95.5% |
| Total equity and liabilities | 10/49 | €1,113,991 | €1,688,124 | +€574,133 | +51.5% |
| Equity | 10/15 | €273,134 | €327,696 | +€54,562 | +20.0% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €252,683 | €289,151 | +€36,468 | +14.4% |
| Investment grants | 15 | - | €18,094 | +€18,094 | |
| Amounts payable | 17/49 | €840,857 | €1,360,428 | +€519,571 | +61.8% |
| Amounts payable after more than one year | 17 | €180,556 | €126,823 | -€53,733 | -29.8% |
| Financial debts | 170/4 | €180,556 | €126,823 | -€53,733 | -29.8% |
| Amounts payable within one year | 42/48 | €660,301 | €1,114,259 | +€453,958 | +68.8% |
| Current portion of amounts payable after more than one year | 42 | €74,128 | €53,733 | -€20,395 | -27.5% |
| Financial debts | 43 | €200,000 | €567,881 | +€367,881 | +184% |
| Credit institutions | 430/8 | €200,000 | €567,881 | +€367,881 | +184% |
| Trade debts | 44 | €220,800 | €241,398 | +€20,598 | +9.3% |
| Suppliers | 440/4 | €220,800 | €241,398 | +€20,598 | +9.3% |
| Advances received on contracts in progress | 46 | - | €3,897 | +€3,897 | |
| Taxes, remuneration and social security | 45 | €34,885 | €91,632 | +€56,747 | +163% |
| Taxes | 450/3 | €34,885 | €45,470 | +€10,585 | +30.3% |
| Remuneration and social security | 454/9 | - | €46,162 | +€46,162 | |
| Other amounts payable | 47/48 | €130,488 | €155,718 | +€25,230 | +19.3% |
| Accrued charges and deferred income | 492/3 | - | €119,346 | +€119,346 | |
| Remuneration, social security and pensions | 62 | €261,349 | €280,177 | +€18,828 | +7.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,161 | €45,842 | +€4,681 | +11.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €7,279 | €11,348 | +€4,069 | +55.9% |
| Other operating charges | 640/8 | €15,390 | €9,064 | -€6,326 | -41.1% |
| Gross operating margin | 9900 | €384,977 | €425,306 | +€40,329 | +10.5% |
| Operating profit (loss) | 9901 | €59,798 | €78,875 | +€19,077 | +31.9% |
| Financial income | 75/76B | €298 | €17,574 | +€17,276 | +5,797% |
| Recurring financial income | 75 | €298 | €1,291 | +€993 | +333% |
| Non-recurring financial income | 76B | - | €16,283 | +€16,283 | |
| Financial charges | 65/66B | €45,952 | €39,934 | -€6,018 | -13.1% |
| Recurring financial charges | 65 | €45,952 | €39,934 | -€6,018 | -13.1% |
| Profit (loss) for the period before taxes | 9903 | €14,144 | €56,515 | +€42,371 | +300% |
| Income taxes | 67/77 | €5,837 | €20,047 | +€14,210 | +243% |
| Profit (loss) for the period | 9904 | €8,307 | €36,468 | +€28,161 | +339% |
| Profit (loss) for the period to be appropriated | 9905 | €8,307 | €36,468 | +€28,161 | +339% |
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 17 October 2026 via checked.be.