ANVACO: what changed
What changed
ANVACO
NACE 66.220, Insurance agents and brokers
filed annual accounts (NBB)
Net result for the year
€22,189
2024 · €30,619-€8,430
Equity
€55,309
2024 · €33,119+€22,189
Cash
€33,542
2024 · €33,944-€402
Balance sheet total
€103,675
2024 · €43,544+€60,131
Largest movements
Assets
- Tangible fixed assets +€48,964
new in 2025: €48,964
- Receivables after one year +€11,520
up €11,520 (+120%), from €9,600 to €21,120
Equity and liabilities
- Debts after one year +€23,423
new in 2025: €23,423
- Profit (loss) carried forward +€22,189
up €22,189 (+72.5%), from €30,619 to €52,809
- Current portion of long-term debt +€11,625
new in 2025: €11,625
- Tax, wage and social debts +€2,213
up €2,213 (+23.2%), from €9,556 to €11,768
Income statement
- Gross operating margin -€16,717
down €16,717 (-41.9%), from €39,852 to €23,135
- Financial income +€8,349
up €8,349 (+1,279%), from €653 to €9,002
of which Non-recurring financial income: +€7,566
- Taxes -€1,045
down €1,045 (-10.9%), from €9,556 to €8,511
- Depreciation +€652
new in 2025: €652
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€30,619
Gross operating margin
-€16,717
Depreciation
-€652
Other operating charges
-€5
Other operating items
-€228
Financial income
+€8,349
Financial charges
-€222
Taxes
+€1,045
Result 2025
€22,189
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€14,167
Investment
-€49,616
Financing
+€35,048
Cash 2024
€33,944
From operations (derived)
+€14,167
Net result for the year
+€22,189
Depreciation
+€652
Receivables after one year
-€11,520
Smaller working-capital items
-€105
Trade debts
+€737
Tax, wage and social debts
+€2,213
Investment (derived)
-€49,616
Investment in fixed assets (net)
-€49,616
Financing
+€35,048
Debts after one year
+€23,423
Current portion of long-term debt
+€11,625
Cash 2025
€33,542
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €43,544 | €103,675 | +€60,131 | +138% |
| Fixed assets | 21/28 | - | €48,964 | +€48,964 | |
| Tangible fixed assets | 22/27 | - | €48,964 | +€48,964 | |
| Furniture and vehicles | 24 | - | €48,964 | +€48,964 | |
| Current assets | 29/58 | €43,544 | €54,711 | +€11,167 | +25.6% |
| Amounts receivable after more than one year | 29 | €9,600 | €21,120 | +€11,520 | +120% |
| Other amounts receivable | 291 | €9,600 | €21,120 | +€11,520 | +120% |
| Cash at bank and in hand | 54/58 | €33,944 | €33,542 | -€402 | -1.2% |
| Deferred charges and accrued income | 490/1 | - | €50 | +€50 | |
| Total equity and liabilities | 10/49 | €43,544 | €103,675 | +€60,131 | +138% |
| Equity | 10/15 | €33,119 | €55,309 | +€22,189 | +67.0% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €30,619 | €52,809 | +€22,189 | +72.5% |
| Amounts payable | 17/49 | €10,425 | €48,367 | +€37,942 | +364% |
| Amounts payable after more than one year | 17 | - | €23,423 | +€23,423 | |
| Financial debts | 170/4 | - | €23,423 | +€23,423 | |
| Amounts payable within one year | 42/48 | €10,425 | €24,944 | +€14,519 | +139% |
| Current portion of amounts payable after more than one year | 42 | - | €11,625 | +€11,625 | |
| Trade debts | 44 | €29 | €766 | +€737 | +2,541% |
| Suppliers | 440/4 | €29 | €766 | +€737 | +2,541% |
| Taxes, remuneration and social security | 45 | €9,556 | €11,768 | +€2,213 | +23.2% |
| Taxes | 450/3 | €9,556 | €11,768 | +€2,213 | +23.2% |
| Other amounts payable | 47/48 | €840 | €785 | -€56 | -6.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €652 | +€652 | |
| Other operating charges | 640/8 | €239 | €243 | +€5 | +2.1% |
| Non-recurring operating charges | 66A | - | €228 | +€228 | |
| Gross operating margin | 9900 | €39,852 | €23,135 | -€16,717 | -41.9% |
| Operating profit (loss) | 9901 | €39,613 | €22,012 | -€17,602 | -44.4% |
| Financial income | 75/76B | €653 | €9,002 | +€8,349 | +1,279% |
| Recurring financial income | 75 | €653 | €1,436 | +€783 | +120% |
| Non-recurring financial income | 76B | - | €7,566 | +€7,566 | |
| Financial charges | 65/66B | €91 | €314 | +€222 | +243% |
| Recurring financial charges | 65 | €91 | €314 | +€222 | +243% |
| Profit (loss) for the period before taxes | 9903 | €40,175 | €30,700 | -€9,475 | -23.6% |
| Income taxes | 67/77 | €9,556 | €8,511 | -€1,045 | -10.9% |
| Profit (loss) for the period | 9904 | €30,619 | €22,189 | -€8,430 | -27.5% |
| Profit (loss) for the period to be appropriated | 9905 | €30,619 | €22,189 | -€8,430 | -27.5% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.