DEN ANKER: 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.
DEN ANKER
Largest movements
- Cash +€74,372
up €74,372 (+2445.3%), from €3,041 to €77,413
mainly Receivables within one year (+€64,204) and Net result for the year (+€53,377)
- Receivables within one year -€64,204
down €64,204 (-79.4%), from €80,911 to €16,707
of which Other amounts receivable: -€61,004
- Tangible fixed assets +€25,068
up €25,068 (+33.4%), from €74,964 to €100,032
- Reserves +€53,377
up €53,377 (+98.2%), from €54,366 to €107,744
of which Distributable reserves: +€53,377
- Other debts -€9,643
down €9,643 (-60.7%), from €15,887 to €6,244
- Tax, wage and social debts +€8,634
up €8,634 (+341.3%), from €2,529 to €11,163
- Trade debts -€7,990
down €7,990 (-86.4%), from €9,243 to €1,253
- Accrued charges and deferred income -€5,738
down €5,738 (-99.1%), from €5,792 to €55
- Taxes +€20,328
up €20,328 (+506.3%), from €4,015 to €24,342
- Financial charges -€3,470
down €3,470 (-49.7%), from €6,980 to €3,509
- Gross operating margin -€3,237
down €3,237 (-3.4%), from €95,762 to €92,525
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 | €161,836 | €196,637 | +€34,801 | +21.5% |
| Fixed assets | 21/28 | €74,964 | €100,032 | +€25,068 | +33.4% |
| Tangible fixed assets | 22/27 | €74,964 | €100,032 | +€25,068 | +33.4% |
| Land and buildings | 22 | €74,964 | €100,032 | +€25,068 | +33.4% |
| Current assets | 29/58 | €86,871 | €96,604 | +€9,733 | +11.2% |
| Amounts receivable within one year | 40/41 | €80,911 | €16,707 | -€64,204 | -79.4% |
| Trade receivables | 40 | €3,200 | €0 | -€3,200 | -100.0% |
| Other amounts receivable | 41 | €77,711 | €16,707 | -€61,004 | -78.5% |
| Cash at bank and in hand | 54/58 | €3,041 | €77,413 | +€74,372 | +2445.3% |
| Deferred charges and accrued income | 490/1 | €2,919 | €2,484 | -€434 | -14.9% |
| Total equity and liabilities | 10/49 | €161,836 | €196,637 | +€34,801 | +21.5% |
| Equity | 10/15 | €116,366 | €169,744 | +€53,377 | +45.9% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €54,366 | €107,744 | +€53,377 | +98.2% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €48,166 | €101,544 | +€53,377 | +110.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €45,469 | €26,893 | -€18,576 | -40.9% |
| Amounts payable after more than one year | 17 | €8,178 | €4,175 | -€4,004 | -49.0% |
| Financial debts | 170/4 | €8,178 | €4,175 | -€4,004 | -49.0% |
| Amounts payable within one year | 42/48 | €31,499 | €22,664 | -€8,835 | -28.0% |
| Current portion of amounts payable after more than one year | 42 | €3,840 | €4,004 | +€164 | +4.3% |
| Trade debts | 44 | €9,243 | €1,253 | -€7,990 | -86.4% |
| Suppliers | 440/4 | €9,243 | €1,253 | -€7,990 | -86.4% |
| Taxes, remuneration and social security | 45 | €2,529 | €11,163 | +€8,634 | +341.3% |
| Taxes | 450/3 | €2,529 | €11,163 | +€8,634 | +341.3% |
| Other amounts payable | 47/48 | €15,887 | €6,244 | -€9,643 | -60.7% |
| Accrued charges and deferred income | 492/3 | €5,792 | €55 | -€5,738 | -99.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,524 | €8,282 | +€758 | +10.1% |
| Other operating charges | 640/8 | €3,671 | €3,436 | -€235 | -6.4% |
| Gross operating margin | 9900 | €95,762 | €92,525 | -€3,237 | -3.4% |
| Operating profit (loss) | 9901 | €84,567 | €80,807 | -€3,760 | -4.4% |
| Financial income | 75/76B | €0 | €422 | +€422 | +105405.0% |
| Recurring financial income | 75 | €0 | €422 | +€422 | +105405.0% |
| Financial charges | 65/66B | €6,980 | €3,509 | -€3,470 | -49.7% |
| Recurring financial charges | 65 | €6,980 | €3,509 | -€3,470 | -49.7% |
| Profit (loss) for the period before taxes | 9903 | €77,588 | €77,719 | +€132 | +0.2% |
| Income taxes | 67/77 | €4,015 | €24,342 | +€20,328 | +506.3% |
| Profit (loss) for the period | 9904 | €73,573 | €53,377 | -€20,196 | -27.5% |
| Profit (loss) for the period to be appropriated | 9905 | €73,573 | €53,377 | -€20,196 | -27.5% |
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.