ANTENS
ActiveSummary
ANTENS has been active since 1986 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €627,640 and a net result of €126,277. Equity is growing by ~9.9% per year across the filed fiscal years. Its solvency ranks better than 31% of 10522 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability74▲+1
Solvency45▲+5
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35,000 at 30 days acceptable
Liquidity tight (current ratio 1.23 against 1.17 in 2024; short-term debt: 79.7% and cash: 2.4% of total assets), and 79.7% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
20.3%
Return on assets
4.1%
Age of the figures
11 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-10-2025 was due by 31-05-2026 and was filed on 12-05-2026, 19 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
19 d early
2024
15 d early
2023
3 d early
2022
20 d late
2021
29 d late
2020
29 d late
2019
30 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 10 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-10-2026 and is due by 31-05-2027. Nothing is late today. Usually files around 29 May (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-10-2026 close31-05-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
In the rankings
#3 oldest company in Baarle-Hertog, Wholesale and retail trade sector#4 company by total assets in Baarle-Hertog, Wholesale and retail trade sector#10 company by equity in Baarle-Hertog, Wholesale and retail trade sector
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€627,640▲ 25.2%
2024 · €501,362
Total assets
€3.1m▼ 7.7%
2024 · €3.4m
Net result
€126,277▲ 10.8%
2024 · €114,007
Working capital
€580,341▲ 19.0%
2024 · €487,794
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€85,460▲ 74.6%€69,201▼ 19.0%€112,679▲ 62.8%€172,015▲ 52.7%€181,231▲ 5.4%
Net result€66,248within the sector's middle half▲ 79.2%€56,026within the sector's middle half▼ 15.4%€65,247within the sector's middle half▲ 16.5%€114,007within the sector's middle half▲ 74.7%€126,277above the sector's middle half▲ 10.8%
Equity€316,082within the sector's middle half▲ 5.4%€322,108within the sector's middle half▲ 1.9%€387,355within the sector's middle half▲ 20.3%€501,362within the sector's middle half▲ 29.4%€627,640above the sector's middle half▲ 25.2%
Total assets€3.0mabove the sector's middle half▲ 46.7%€2.8mabove the sector's middle half▼ 8.6%€2.8mabove the sector's middle half▲ 2.5%€3.4mabove the sector's middle half▲ 18.6%€3.1mabove the sector's middle half▼ 7.7%
Debt€2.7m▲ 53.8%€2.4m▼ 9.9%€2.4m▲ 0.2%€2.9m▲ 16.9%€2.5m▼ 13.5%
Working capital€1.2mabove the sector's middle half▲ 125%€831,004above the sector's middle half▼ 30.2%€398,642within the sector's middle half▼ 52.0%€487,794within the sector's middle half▲ 22.4%€580,341above the sector's middle half▲ 19.0%
Solvency10.5%below the sector's middle half▼ 4.1pp11.7%below the sector's middle half▲ 1.2pp13.7%below the sector's middle half▲ 2.0pp14.9%below the sector's middle half▲ 1.2pp20.3%within the sector's middle half▲ 5.3pp
Current ratio1.68within the sector's middle half▲ 0.311.44within the sector's middle half▼ 0.241.17within the sector's middle half▼ 0.281.17within the sector's middle half▲ 0.011.23within the sector's middle half▲ 0.06
Return on assets (ROA)2.2%within the sector's middle half▲ 0.4pp2.0%within the sector's middle half▼ 0.2pp2.3%within the sector's middle half▲ 0.3pp3.4%within the sector's middle half▲ 1.1pp4.1%within the sector's middle half▲ 0.7pp
Staff (FTE)4within the sector's middle half▲ 2.6%4.2within the sector's middle half▲ 5.0%4.3within the sector's middle half▲ 2.4%4.7within the sector's middle half▲ 9.3%5.8within the sector's middle half▲ 23.4%
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 5% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.1m
Fixed assets
€47,298 ▲ 33.9%
Current assets
€3.1m ▼ 8.1%
Equity and liabilities €3.1m
Equity
€627,640 ▲ 25.2%
Debt
€2.5m ▼ 13.5%
Debt's share of the balance-sheet total falls from 85.1% to 79.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€196,677▲
2024 · €182,966
Cash flow
€141,723▲
2024 · €124,958
Quick ratio
0.38▼
2024 · 0.44
Debt to equity
3.94▼
2024 · 5.70
ROE
20.1%▼
2024 · 22.7%
Interest coverage
11.38▼
2024 · 12.62
Debt ≤ 1 year
€2.5m▼
2024 · €2.8m
Debt > 1 year
€0▼
2024 · €21,763
Income taxes
€51,085▲
2024 · €45,662
Staff costs
€387,728▲
2024 · €295,458
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,984 companies that looked in July 2024 the way this one looks now, 1.1% went bankrupt within 24 months and 97% are still going.
- Micro
- 20 years or older
- solvency 10 to 30%
- a profit under 5% of the balance sheet
1.1%
went bankrupt
2.3%
stopped otherwise
97%
still going
For this company itself Checked computes a bankruptcy probability of 0.5% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 3,984 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €0 | - | - | - | - | - |
| Remuneration, social security and pensions62 | €166,963 | €257,077 | €271,170 | €295,458 | €387,728 | ▲ 31.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €32,537 | €33,945 | €32,375 | €10,951 | €15,446 | ▲ 41.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | €151,099 | €121,698 | €184,794 | €163,538 | €123,009 | ▼ 24.8% |
| Other operating charges640/8 | €10,379 | €58,605 | €30,380 | €4,341 | €15,028 | ▲ 246% |
| Gross operating margin9900 | €446,439 | €540,527 | €631,398 | €646,303 | €722,442 | ▲ 11.8% |
| Operating profit (loss)9901 | €85,460 | €69,201 | €112,679 | €172,015 | €181,231 | ▲ 5.4% |
| Financial income75/76B | €2,902 | €1,998 | €2,273 | €2,157 | €13,419 | ▲ 522% |
| Recurring financial income75 | €2,902 | €1,998 | €2,273 | €2,157 | €13,419 | ▲ 522% |
| Financial charges65/66B | €14,509 | €2,899 | €20,101 | €14,502 | €17,287 | ▲ 19.2% |
| Recurring financial charges65 | €14,509 | €2,899 | €20,101 | €14,502 | €17,287 | ▲ 19.2% |
| Profit (loss) for the period before taxes9903 | €73,853 | €68,301 | €94,851 | €159,670 | €177,363 | ▲ 11.1% |
| Income taxes67/77 | €7,605 | €12,275 | €29,604 | €45,662 | €51,085 | ▲ 11.9% |
| Profit (loss) for the period9904 | €66,248 | €56,026 | €65,247 | €114,007 | €126,277 | ▲ 10.8% |
| Profit (loss) for the period to be appropriated9905 | €66,248 | €56,026 | €65,247 | €114,007 | €126,277 | ▲ 10.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €3.0m | €2.8m | €2.8m | €3.4m | €3.1m | ▼ 7.7% |
| Fixed assets21/28 | €82,414 | €56,913 | €37,192 | €35,331 | €47,298 | ▲ 33.9% |
| Tangible fixed assets22/27 | €82,414 | €56,913 | €37,192 | €35,331 | €47,298 | ▲ 33.9% |
| Plant, machinery and equipment23 | €3,398 | €5,566 | €6,189 | €10,105 | €27,226 | ▲ 169% |
| Furniture and vehicles24 | - | €1,961 | €9,947 | €6,510 | €3,696 | ▼ 43.2% |
| Leasing and similar rights25 | €19,153 | €9,008 | €0 | - | - | - |
| Other tangible fixed assets26 | €59,864 | €40,378 | €21,055 | €18,716 | €16,376 | ▼ 12.5% |
| Current assets29/58 | €2.9m | €2.7m | €2.8m | €3.3m | €3.1m | ▼ 8.1% |
| Stocks and contracts in progress3 | €1.2m | €1.4m | €1.6m | €2.1m | €2.1m | ▲ 1.7% |
| Stocks30/36 | €1.2m | €1.4m | €1.6m | €2.1m | €2.1m | ▲ 1.7% |
| Amounts receivable within one year40/41 | €1.7m | €1.3m | €1.1m | €1.1m | €866,205 | ▼ 20.5% |
| Trade receivables40 | €1.6m | €1.2m | €1.1m | €1.1m | €826,318 | ▼ 22.8% |
| Other amounts receivable41 | €43,471 | €36,788 | €500 | €18,511 | €39,887 | ▲ 115% |
| Cash at bank and in hand54/58 | €43,295 | €68,647 | €44,691 | €157,073 | €73,883 | ▼ 53.0% |
| Deferred charges and accrued income490/1 | €0 | - | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €3.0m | €2.8m | €2.8m | €3.4m | €3.1m | ▼ 7.7% |
| Equity10/15 | €316,082 | €322,108 | €387,355 | €501,362 | €627,640 | ▲ 25.2% |
| Contributions10/11 | €18,592 | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Reserves13 | €297,490 | €303,516 | €368,763 | €482,770 | €609,048 | ▲ 26.2% |
| Non-distributable reserves130/1 | €1,859 | €1,859 | €1,859 | €0 | - | - |
| Reserves not available under the articles1311 | €1,859 | - | €1,859 | €0 | - | - |
| Other1319 | - | €1,859 | - | - | - | - |
| Distributable reserves133 | €295,631 | €301,657 | €366,904 | €482,770 | €609,048 | ▲ 26.2% |
| Profit (loss) carried forward14 | €0 | €0 | €0 | - | - | - |
| Amounts payable17/49 | €2.7m | €2.4m | €2.4m | €2.9m | €2.5m | ▼ 13.5% |
| Amounts payable after more than one year17 | €9,325 | €0 | €48,479 | €21,763 | €0 | ▼ 100% |
| Financial debts170/4 | €9,325 | €0 | €48,479 | €21,763 | €0 | ▼ 100% |
| Amounts payable within one year42/48 | €1.7m | €1.9m | €2.4m | €2.8m | €2.5m | ▼ 12.8% |
| Current portion of amounts payable after more than one year42 | €8,858 | €9,325 | €26,481 | €26,716 | €21,763 | ▼ 18.5% |
| Trade debts44 | €1.6m | €1.7m | €1.3m | €1.9m | €1.7m | ▼ 8.2% |
| Suppliers440/4 | €1.6m | €1.7m | €1.3m | €1.9m | €1.7m | ▼ 8.2% |
| Advances received on contracts in progress46 | - | - | €468,080 | €588,176 | €273,240 | ▼ 53.5% |
| Taxes, remuneration and social security45 | €73,330 | €34,492 | €193,797 | €83,853 | €110,616 | ▲ 31.9% |
| Taxes450/3 | €50,766 | €13,662 | €161,720 | €47,718 | €54,025 | ▲ 13.2% |
| Remuneration and social security454/9 | €22,564 | €20,829 | €32,078 | €36,135 | €56,591 | ▲ 56.6% |
| Other amounts payable47/48 | €50,000 | €146,674 | €374,485 | €276,150 | €358,703 | ▲ 29.9% |
| Accrued charges and deferred income492/3 | €947,652 | €565,808 | €0 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €66,248 | €56,026 | €65,247 | €114,007 | €126,277 | ▲ 10.8% |
| + Depreciation and write-downs630 | €32,537 | €33,945 | €32,375 | €10,951 | €15,446 | ▲ 41.0% |
| Operating cash flow (approximation) | €98,785 | €89,971 | €97,622 | €124,958 | €141,723 | ▲ 13.4% |
| Investment in fixed assets (approximation) | - | -€8,444 | -€12,654 | -€9,090 | -€27,413 | ▼ 202% |
| Change in cash | - | €25,352 | -€23,957 | €112,382 | -€83,189 | ▼ 174% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
12-05
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-10
Financial
Highest result since 2018net €126,277 ▲10.8%
Operating result €181,231, net result €126,277, both a record.
16-05
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-10
Financial
Equity above €500,000Eq €501,362 ▲29.4%
6 profitable years in a row build equity to €501,362.
28-05
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
20-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 20 days late
2022
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 29 days late
2021
29-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 29 days late
2020
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 30 days late
2019
31-10
Financial
Back to profitnet €36,182
Net result €36,182 after one loss-making year.
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 28 days late
2018
30-05
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
31-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Baarle-Hertog · 2 establishment units since 1986
Ground area
1.3 ha
Building footprint
1,125 m²
Volume, LiDAR
5,659 m³
2 parcels, Flanders · tallest building 9.6 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
Hoogbraak 9, 2387 Baarle-Hertog
since 19862.036.866.277
ANTENS
since 20142.233.076.986
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11333N0037/00F000 | Flanders | 9,415 m² | 1 · 1,013 m² | 9.6 m · 2 fl. |
| 13002B0005/00L000 | Flanders | 3,182 m² | 1 · 112 m² | 3.0 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 193 EUR awarded · 193 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 193 EUR | 193 EUR |
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Of 344 companies in sector 47812 we hold annual accounts for 204. 141 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded23-04-1986
Fiscal year end31-10
Activities, NACEBEL 2025
47812Retail trade
46610Wholesale trade
46712Wholesale trade
95312Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
77310Rental and leasing activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0428903316
Also
9925:BE0428903316
Registered
17-10-2024
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.