ANSON: 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.
ANSON
Largest movements
- Cash -€525,495
down €525,495 (-87.0%), from €603,806 to €78,311
mainly Receivables within one year (-€455,219) and Other debts (-€134,727)
- Receivables within one year +€455,219
up €455,219 (+11853.8%), from €3,840 to €459,059
of which Other amounts receivable: +€455,071
- Current investments -€180,144
no longer reported in 2025 (was €180,144)
- Tangible fixed assets -€16,892
down €16,892 (-2.0%), from €860,090 to €843,199
of which Land and buildings: -€16,892
- Other debts -€134,727
no longer reported in 2025 (was €134,727)
- Reserves -€80,656
down €80,656 (-6.1%), from €1.3m to €1.2m
of which Distributable reserves: -€80,656
- Accrued charges and deferred income -€36,703
down €36,703 (-74.6%), from €49,199 to €12,497
- Gross operating margin -€109,142
down €109,142, from €56,243 to -€52,898
- Financial income +€72,265
up €72,265 (+1818.5%), from €3,974 to €76,238
- Other operating charges -€67,184
down €67,184 (-98.3%), from €68,328 to €1,144
- Taxes +€22,659
up €22,659 (+307.4%), from €7,371 to €30,030
- Depreciation -€12,223
down €12,223 (-42.0%), from €29,114 to €16,892
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 | €1,649,613 | €1,382,814 | -€266,799 | -16.2% |
| Fixed assets | 21/28 | €860,090 | €843,199 | -€16,892 | -2.0% |
| Tangible fixed assets | 22/27 | €860,090 | €843,199 | -€16,892 | -2.0% |
| Land and buildings | 22 | €854,654 | €837,763 | -€16,892 | -2.0% |
| Plant, machinery and equipment | 23 | €4,231 | €4,231 | = | 0.0% |
| Furniture and vehicles | 24 | €1,205 | €1,205 | = | 0.0% |
| Current assets | 29/58 | €789,522 | €539,615 | -€249,907 | -31.7% |
| Amounts receivable within one year | 40/41 | €3,840 | €459,059 | +€455,219 | +11853.8% |
| Trade receivables | 40 | €1,640 | €1,788 | +€148 | +9.0% |
| Other amounts receivable | 41 | €2,200 | €457,271 | +€455,071 | +20686.8% |
| Current investments | 50/53 | €180,144 | - | -€180,144 | |
| Cash at bank and in hand | 54/58 | €603,806 | €78,311 | -€525,495 | -87.0% |
| Deferred charges and accrued income | 490/1 | €1,732 | €2,245 | +€513 | +29.6% |
| Total equity and liabilities | 10/49 | €1,649,613 | €1,382,814 | -€266,799 | -16.2% |
| Equity | 10/15 | €1,397,294 | €1,316,638 | -€80,656 | -5.8% |
| Contributions | 10/11 | €71,478 | €71,478 | = | 0.0% |
| Capital | 10 | €71,478 | €71,478 | = | 0.0% |
| Issued capital | 100 | €71,478 | €71,478 | = | 0.0% |
| Reserves | 13 | €1,325,816 | €1,245,160 | -€80,656 | -6.1% |
| Non-distributable reserves | 130/1 | €7,148 | €7,148 | = | 0.0% |
| Legal reserve | 130 | €7,148 | €7,148 | = | 0.0% |
| Tax-exempt reserves | 132 | €24,433 | €24,433 | = | 0.0% |
| Distributable reserves | 133 | €1,294,235 | €1,213,579 | -€80,656 | -6.2% |
| Amounts payable | 17/49 | €252,318 | €66,176 | -€186,143 | -73.8% |
| Amounts payable after more than one year | 17 | €43,757 | €44,007 | +€250 | +0.6% |
| Financial debts | 170/4 | €42,757 | €42,757 | = | 0.0% |
| Other amounts payable | 178/9 | €1,000 | €1,250 | +€250 | +25.0% |
| Amounts payable within one year | 42/48 | €159,362 | €9,672 | -€149,690 | -93.9% |
| Current portion of amounts payable after more than one year | 42 | €11,617 | - | -€11,617 | |
| Trade debts | 44 | €5,348 | €7,527 | +€2,179 | +40.7% |
| Suppliers | 440/4 | €5,348 | €7,527 | +€2,179 | +40.7% |
| Taxes, remuneration and social security | 45 | €7,670 | €2,145 | -€5,525 | -72.0% |
| Taxes | 450/3 | €7,670 | €2,145 | -€5,525 | -72.0% |
| Other amounts payable | 47/48 | €134,727 | - | -€134,727 | |
| Accrued charges and deferred income | 492/3 | €49,199 | €12,497 | -€36,703 | -74.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,114 | €16,892 | -€12,223 | -42.0% |
| Other operating charges | 640/8 | €68,328 | €1,144 | -€67,184 | -98.3% |
| Gross operating margin | 9900 | €56,243 | -€52,898 | -€109,142 | |
| Operating profit (loss) | 9901 | -€41,199 | -€70,934 | -€29,735 | -72.2% |
| Financial income | 75/76B | €3,974 | €76,238 | +€72,265 | +1818.5% |
| Recurring financial income | 75 | €3,974 | €76,238 | +€72,265 | +1818.5% |
| Financial charges | 65/66B | €218 | €5,931 | +€5,713 | +2622.8% |
| Recurring financial charges | 65 | €218 | €5,931 | +€5,713 | +2622.8% |
| Profit (loss) for the period before taxes | 9903 | -€37,443 | -€626 | +€36,817 | +98.3% |
| Transfer from deferred taxes | 780 | €33,623 | - | -€33,623 | |
| Income taxes | 67/77 | €7,371 | €30,030 | +€22,659 | +307.4% |
| Profit (loss) for the period | 9904 | -€11,191 | -€30,656 | -€19,465 | -173.9% |
| Transfer from tax-exempt reserves | 789 | €65,296 | - | -€65,296 | |
| Profit (loss) for the period to be appropriated | 9905 | €54,105 | -€30,656 | -€84,761 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.