HANGAR 48 - ANDERLECHT: 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.
HANGAR 48 - ANDERLECHT
Largest movements
No asset line moved by more than 1% of the balance sheet total.
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin +€1,804
no longer reported in 2025 (was -€1,804)
- Depreciation -€1,203
down €1,203 (-74.2%), from €1,621 to €418
- Financial charges -€639
no longer reported in 2025 (was €639)
- Other operating charges -€549
no longer reported in 2025 (was €549)
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 | €114,350 | €113,933 | -€418 | -0.4% |
| Fixed assets | 21/28 | €939 | €521 | -€418 | -44.5% |
| Tangible fixed assets | 22/27 | €576 | €158 | -€418 | -72.6% |
| Furniture and vehicles | 24 | €576 | €158 | -€418 | -72.6% |
| Financial fixed assets | 28 | €363 | €363 | = | 0.0% |
| Current assets | 29/58 | €113,412 | €113,412 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €113,403 | €113,403 | = | 0.0% |
| Trade receivables | 40 | €107,807 | €107,807 | = | 0.0% |
| Other amounts receivable | 41 | €5,596 | €5,596 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €9 | €9 | = | 0.0% |
| Total equity and liabilities | 10/49 | €114,350 | €113,933 | -€418 | -0.4% |
| Equity | 10/15 | -€43,180 | -€43,597 | -€418 | -1.0% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€53,180 | -€53,597 | -€418 | -0.8% |
| Amounts payable | 17/49 | €157,530 | €157,530 | = | 0.0% |
| Amounts payable after more than one year | 17 | €2,787 | €2,787 | = | 0.0% |
| Financial debts | 170/4 | €2,787 | €2,787 | = | 0.0% |
| Amounts payable within one year | 42/48 | €154,743 | €154,743 | = | 0.0% |
| Current portion of amounts payable after more than one year | 42 | €30,346 | €30,346 | = | 0.0% |
| Financial debts | 43 | €5,045 | €5,045 | = | 0.0% |
| Credit institutions | 430/8 | €5,045 | €5,045 | = | 0.0% |
| Trade debts | 44 | €24,229 | €24,098 | -€131 | -0.5% |
| Suppliers | 440/4 | €24,229 | €24,098 | -€131 | -0.5% |
| Other amounts payable | 47/48 | €95,124 | €95,255 | +€131 | +0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,621 | €418 | -€1,203 | -74.2% |
| Other operating charges | 640/8 | €549 | - | -€549 | |
| Gross operating margin | 9900 | -€1,804 | - | +€1,804 | |
| Operating profit (loss) | 9901 | -€3,974 | -€418 | +€3,556 | +89.5% |
| Financial charges | 65/66B | €639 | - | -€639 | |
| Recurring financial charges | 65 | €639 | - | -€639 | |
| Profit (loss) for the period before taxes | 9903 | -€4,613 | -€418 | +€4,195 | +90.9% |
| Profit (loss) for the period | 9904 | -€4,613 | -€418 | +€4,195 | +90.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,613 | -€418 | +€4,195 | +90.9% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.