Antalan: 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.
Antalan
Largest movements
- Tangible fixed assets -€21,125
down €21,125 (-19.7%), from €107,148 to €86,023
of which Plant, machinery and equipment: -€13,134
- Current investments +€18,511
up €18,511 (+33.1%), from €55,929 to €74,440
- Intangible fixed assets -€10,000
down €10,000 (-18.2%), from €54,973 to €44,973
- Cash -€9,465
down €9,465 (-28.7%), from €32,939 to €23,474
mainly Contributions, distributions and other (-€97,999) and Current investments (-€18,511)
- Deferred charges and accrued income -€5,000
no longer reported in 2025 (was €5,000)
- Reserves -€83,376
down €83,376 (-96.1%), from €86,749 to €3,372
- Other debts +€81,269
up €81,269 (+113981.1%), from €71 to €81,340
- Debts after one year -€18,465
down €18,465 (-23.0%), from €80,231 to €61,766
- Trade debts -€11,440
down €11,440 (-30.5%), from €37,470 to €26,030
- Tax, wage and social debts -€5,676
down €5,676 (-14.7%), from €38,688 to €33,013
of which Taxes: -€7,942
- Gross operating margin +€34,184
up €34,184 (+14.6%), from €233,768 to €267,952
- Staff costs +€11,445
up €11,445 (+6.0%), from €191,102 to €202,547
- Taxes +€4,035
up €4,035 (+321.5%), from €1,255 to €5,290
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 | €269,446 | €234,761 | -€34,686 | -12.9% |
| Fixed assets | 21/28 | €162,121 | €130,995 | -€31,125 | -19.2% |
| Intangible fixed assets | 21 | €54,973 | €44,973 | -€10,000 | -18.2% |
| Tangible fixed assets | 22/27 | €107,148 | €86,023 | -€21,125 | -19.7% |
| Plant, machinery and equipment | 23 | €56,280 | €43,146 | -€13,134 | -23.3% |
| Furniture and vehicles | 24 | €610 | €1,428 | +€819 | +134.2% |
| Leasing and similar rights | 25 | €22,605 | €13,929 | -€8,676 | -38.4% |
| Other tangible fixed assets | 26 | €27,653 | €27,519 | -€134 | -0.5% |
| Current assets | 29/58 | €107,326 | €103,765 | -€3,560 | -3.3% |
| Stocks and contracts in progress | 3 | €8,530 | €5,808 | -€2,722 | -31.9% |
| Stocks | 30/36 | €8,530 | €5,808 | -€2,722 | -31.9% |
| Amounts receivable within one year | 40/41 | €4,928 | €43 | -€4,885 | -99.1% |
| Trade receivables | 40 | €4,100 | €43 | -€4,057 | -98.9% |
| Other amounts receivable | 41 | €828 | - | -€828 | |
| Current investments | 50/53 | €55,929 | €74,440 | +€18,511 | +33.1% |
| Cash at bank and in hand | 54/58 | €32,939 | €23,474 | -€9,465 | -28.7% |
| Deferred charges and accrued income | 490/1 | €5,000 | - | -€5,000 | |
| Total equity and liabilities | 10/49 | €269,446 | €234,761 | -€34,686 | -12.9% |
| Equity | 10/15 | €88,749 | €5,372 | -€83,376 | -93.9% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €86,749 | €3,372 | -€83,376 | -96.1% |
| Distributable reserves | 133 | €86,749 | €3,372 | -€83,376 | -96.1% |
| Amounts payable | 17/49 | €180,698 | €229,388 | +€48,691 | +26.9% |
| Amounts payable after more than one year | 17 | €80,231 | €61,766 | -€18,465 | -23.0% |
| Financial debts | 170/4 | €80,231 | €61,766 | -€18,465 | -23.0% |
| Amounts payable within one year | 42/48 | €100,466 | €167,622 | +€67,156 | +66.8% |
| Current portion of amounts payable after more than one year | 42 | €24,237 | €27,239 | +€3,003 | +12.4% |
| Trade debts | 44 | €37,470 | €26,030 | -€11,440 | -30.5% |
| Suppliers | 440/4 | €37,470 | €26,030 | -€11,440 | -30.5% |
| Taxes, remuneration and social security | 45 | €38,688 | €33,013 | -€5,676 | -14.7% |
| Taxes | 450/3 | €11,822 | €3,880 | -€7,942 | -67.2% |
| Remuneration and social security | 454/9 | €26,866 | €29,132 | +€2,266 | +8.4% |
| Other amounts payable | 47/48 | €71 | €81,340 | +€81,269 | +113981.1% |
| Remuneration, social security and pensions | 62 | €191,102 | €202,547 | +€11,445 | +6.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,595 | €36,392 | +€1,797 | +5.2% |
| Other operating charges | 640/8 | €3,256 | €3,703 | +€447 | +13.7% |
| Gross operating margin | 9900 | €233,768 | €267,952 | +€34,184 | +14.6% |
| Operating profit (loss) | 9901 | €4,814 | €25,310 | +€20,496 | +425.7% |
| Financial income | 75/76B | €330 | €232 | -€98 | -29.6% |
| Recurring financial income | 75 | €330 | €232 | -€98 | -29.6% |
| Financial charges | 65/66B | €5,708 | €5,630 | -€78 | -1.4% |
| Recurring financial charges | 65 | €5,708 | €5,630 | -€78 | -1.4% |
| Profit (loss) for the period before taxes | 9903 | -€564 | €19,912 | +€20,476 | |
| Income taxes | 67/77 | €1,255 | €5,290 | +€4,035 | +321.5% |
| Profit (loss) for the period | 9904 | -€1,819 | €14,622 | +€16,442 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,819 | €14,622 | +€16,442 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.