ANT & CO.: 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.
ANT & CO.
Largest movements
- Financial fixed assets -€49,208
no longer reported in 2025 (was €49,208)
- Cash +€16,837
up €16,837 (+28.6%), from €58,829 to €75,666
mainly Net result for the year (+€49,582) and Investment in fixed assets (net) (+€46,096)
- Tangible fixed assets -€10,755
down €10,755 (-24.7%), from €43,582 to €32,827
of which Furniture and vehicles: -€10,022
- Receivables within one year +€9,177
up €9,177 (+64.7%), from €14,194 to €23,372
of which Other amounts receivable: +€6,457
- Other debts -€30,694
down €30,694 (-33.8%), from €90,919 to €60,225
- Profit (loss) carried forward -€6,684
down €6,684 (-10.7%), from €62,676 to €55,992
- Trade debts +€2,876
up €2,876 (+468%), from €614 to €3,490
- Gross operating margin +€13,691
up €13,691 (+23.2%), from €59,002 to €72,693
- Financial income +€5,612
up €5,612 (+16,140%), from €35 to €5,647
of which Non-recurring financial income: +€5,544
- Depreciation +€3,385
up €3,385 (+32.3%), from €10,481 to €13,866
- Taxes +€3,312
up €3,312 (+32.4%), from €10,231 to €13,543
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 | €167,137 | €132,673 | -€34,465 | -20.6% |
| Fixed assets | 21/28 | €92,790 | €32,827 | -€59,962 | -64.6% |
| Tangible fixed assets | 22/27 | €43,582 | €32,827 | -€10,755 | -24.7% |
| Plant, machinery and equipment | 23 | €1,245 | €512 | -€733 | -58.9% |
| Furniture and vehicles | 24 | €42,337 | €32,315 | -€10,022 | -23.7% |
| Financial fixed assets | 28 | €49,208 | - | -€49,208 | |
| Current assets | 29/58 | €74,347 | €99,845 | +€25,498 | +34.3% |
| Amounts receivable within one year | 40/41 | €14,194 | €23,372 | +€9,177 | +64.7% |
| Trade receivables | 40 | €14,194 | €16,914 | +€2,720 | +19.2% |
| Other amounts receivable | 41 | - | €6,457 | +€6,457 | |
| Current investments | 50/53 | €598 | - | -€598 | |
| Cash at bank and in hand | 54/58 | €58,829 | €75,666 | +€16,837 | +28.6% |
| Deferred charges and accrued income | 490/1 | €726 | €807 | +€82 | +11.3% |
| Total equity and liabilities | 10/49 | €167,137 | €132,673 | -€34,465 | -20.6% |
| Equity | 10/15 | €66,676 | €59,992 | -€6,684 | -10.0% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €62,676 | €55,992 | -€6,684 | -10.7% |
| Amounts payable | 17/49 | €100,461 | €72,681 | -€27,780 | -27.7% |
| Amounts payable within one year | 42/48 | €100,461 | €72,681 | -€27,780 | -27.7% |
| Trade debts | 44 | €614 | €3,490 | +€2,876 | +468% |
| Suppliers | 440/4 | €614 | €3,490 | +€2,876 | +468% |
| Taxes, remuneration and social security | 45 | €8,928 | €8,966 | +€38 | +0.4% |
| Taxes | 450/3 | €8,928 | €8,966 | +€38 | +0.4% |
| Other amounts payable | 47/48 | €90,919 | €60,225 | -€30,694 | -33.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,481 | €13,866 | +€3,385 | +32.3% |
| Other operating charges | 640/8 | €949 | €759 | -€190 | -20.0% |
| Gross operating margin | 9900 | €59,002 | €72,693 | +€13,691 | +23.2% |
| Operating profit (loss) | 9901 | €47,572 | €58,068 | +€10,496 | +22.1% |
| Financial income | 75/76B | €35 | €5,647 | +€5,612 | +16,140% |
| Recurring financial income | 75 | €35 | €103 | +€69 | +197% |
| Non-recurring financial income | 76B | - | €5,544 | +€5,544 | |
| Financial charges | 65/66B | €353 | €590 | +€237 | +67.3% |
| Recurring financial charges | 65 | €124 | €120 | -€4 | -3.4% |
| Non-recurring financial charges | 66B | €229 | €470 | +€242 | +106% |
| Profit (loss) for the period before taxes | 9903 | €47,254 | €63,124 | +€15,871 | +33.6% |
| Income taxes | 67/77 | €10,231 | €13,543 | +€3,312 | +32.4% |
| Profit (loss) for the period | 9904 | €37,023 | €49,582 | +€12,559 | +33.9% |
| Profit (loss) for the period to be appropriated | 9905 | €37,023 | €49,582 | +€12,559 | +33.9% |
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 30 October 2026 via checked.be.