ANTALYS: 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.
ANTALYS
Largest movements
- Receivables within one year +€16,437
up €16,437 (+140.4%), from €11,705 to €28,142
of which Trade receivables: +€20,166
- Tangible fixed assets +€6,207
up €6,207 (+72.6%), from €8,548 to €14,755
of which Other tangible fixed assets: +€4,442
- Reserves +€19,104
up €19,104 (+61.7%), from €30,962 to €50,065
- Trade debts +€3,324
up €3,324 (+68.5%), from €4,856 to €8,180
- Tax, wage and social debts +€981
up €981 (+9.3%), from €10,551 to €11,532
of which Taxes: +€981
- Depreciation -€3,952
down €3,952 (-45.7%), from €8,652 to €4,700
- Taxes +€2,562
up €2,562 (+46.6%), from €5,496 to €8,058
- Financial charges +€1,650
up €1,650 (+807.6%), from €204 to €1,854
- Gross operating margin +€862
up €862 (+2.5%), from €34,000 to €34,861
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 | €65,532 | €88,941 | +€23,409 | +35.7% |
| Fixed assets | 21/28 | €8,698 | €14,905 | +€6,207 | +71.4% |
| Tangible fixed assets | 22/27 | €8,548 | €14,755 | +€6,207 | +72.6% |
| Plant, machinery and equipment | 23 | €1,539 | €16 | -€1,523 | -99.0% |
| Furniture and vehicles | 24 | €7,009 | €10,297 | +€3,288 | +46.9% |
| Other tangible fixed assets | 26 | - | €4,442 | +€4,442 | |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €56,834 | €74,037 | +€17,202 | +30.3% |
| Amounts receivable within one year | 40/41 | €11,705 | €28,142 | +€16,437 | +140.4% |
| Trade receivables | 40 | €7,976 | €28,142 | +€20,166 | +252.8% |
| Other amounts receivable | 41 | €3,729 | €0 | -€3,729 | -100.0% |
| Cash at bank and in hand | 54/58 | €42,021 | €42,116 | +€96 | +0.2% |
| Deferred charges and accrued income | 490/1 | €3,109 | €3,779 | +€670 | +21.5% |
| Total equity and liabilities | 10/49 | €65,532 | €88,941 | +€23,409 | +35.7% |
| Equity | 10/15 | €49,562 | €68,665 | +€19,104 | +38.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €30,962 | €50,065 | +€19,104 | +61.7% |
| Distributable reserves | 133 | €30,962 | €50,065 | +€19,104 | +61.7% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €15,971 | €20,276 | +€4,305 | +27.0% |
| Amounts payable within one year | 42/48 | €15,971 | €20,276 | +€4,305 | +27.0% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €4,856 | €8,180 | +€3,324 | +68.5% |
| Suppliers | 440/4 | €4,856 | €8,180 | +€3,324 | +68.5% |
| Taxes, remuneration and social security | 45 | €10,551 | €11,532 | +€981 | +9.3% |
| Taxes | 450/3 | €10,551 | €11,532 | +€981 | +9.3% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €564 | €564 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €0 | €1,500 | +€1,500 | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,652 | €4,700 | -€3,952 | -45.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €1,112 | €1,148 | +€36 | +3.2% |
| Gross operating margin | 9900 | €34,000 | €34,861 | +€862 | +2.5% |
| Operating profit (loss) | 9901 | €24,236 | €29,013 | +€4,777 | +19.7% |
| Financial income | 75/76B | €2 | €2 | -€0 | -14.2% |
| Recurring financial income | 75 | €2 | €2 | -€0 | -14.2% |
| Financial charges | 65/66B | €204 | €1,854 | +€1,650 | +807.6% |
| Recurring financial charges | 65 | €204 | €1,854 | +€1,650 | +807.6% |
| Profit (loss) for the period before taxes | 9903 | €24,034 | €27,161 | +€3,127 | +13.0% |
| Income taxes | 67/77 | €5,496 | €8,058 | +€2,562 | +46.6% |
| Profit (loss) for the period | 9904 | €18,538 | €19,104 | +€566 | +3.1% |
| Profit (loss) for the period to be appropriated | 9905 | €18,538 | €19,104 | +€566 | +3.1% |
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.