ANTARCTIQ: 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.
ANTARCTIQ
Largest movements
- Receivables within one year -€47,244
down €47,244 (-62.7%), from €75,325 to €28,081
of which Trade receivables: -€48,726
- Deferred charges and accrued income -€4,824
no longer reported in 2025 (was €4,824)
- Tangible fixed assets -€4,160
down €4,160 (-32.0%), from €13,002 to €8,842
of which Plant, machinery and equipment: -€2,877
- Intangible fixed assets -€3,565
no longer reported in 2025 (was €3,565)
- Trade debts -€92,384
down €92,384 (-98.8%), from €93,551 to €1,166
- Other debts +€73,154
up €73,154 (+47.6%), from €153,548 to €226,703
- Profit (loss) carried forward -€40,563
down €40,563 (-23.7%), from -€170,843 to -€211,406
- Gross operating margin -€39,411
no longer reported in 2025 (was €39,411)
- Services and other goods +€32,496
new in 2025: €32,496
- Financial income -€22,584
down €22,584 (-93.8%), from €24,066 to €1,482
- Financial charges -€18,999
down €18,999 (-97.6%), from €19,462 to €463
- Goods and materials +€12,717
new in 2025: €12,717
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €96,716 | €36,922 | -€59,794 | -61.8% |
| Fixed assets | 21/28 | €16,567 | €8,842 | -€7,725 | -46.6% |
| Intangible fixed assets | 21 | €3,565 | - | -€3,565 | |
| Tangible fixed assets | 22/27 | €13,002 | €8,842 | -€4,160 | -32.0% |
| Land and buildings | 22 | €1,329 | €930 | -€399 | -30.0% |
| Plant, machinery and equipment | 23 | €9,590 | €6,713 | -€2,877 | -30.0% |
| Furniture and vehicles | 24 | €2,083 | €1,198 | -€885 | -42.5% |
| Current assets | 29/58 | €80,149 | €28,081 | -€52,069 | -65.0% |
| Amounts receivable within one year | 40/41 | €75,325 | €28,081 | -€47,244 | -62.7% |
| Trade receivables | 40 | €48,726 | - | -€48,726 | |
| Other amounts receivable | 41 | €26,599 | €28,081 | +€1,482 | +5.6% |
| Deferred charges and accrued income | 490/1 | €4,824 | - | -€4,824 | |
| Total equity and liabilities | 10/49 | €96,716 | €36,922 | -€59,794 | -61.8% |
| Equity | 10/15 | -€150,383 | -€190,946 | -€40,563 | -27.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€170,843 | -€211,406 | -€40,563 | -23.7% |
| Amounts payable | 17/49 | €247,099 | €227,869 | -€19,230 | -7.8% |
| Amounts payable within one year | 42/48 | €247,099 | €227,869 | -€19,230 | -7.8% |
| Trade debts | 44 | €93,551 | €1,166 | -€92,384 | -98.8% |
| Suppliers | 440/4 | €93,551 | €1,166 | -€92,384 | -98.8% |
| Other amounts payable | 47/48 | €153,548 | €226,703 | +€73,154 | +47.6% |
| Operating income | 70/76A | - | €11,876 | +€11,876 | |
| Turnover | 70 | - | €11,876 | +€11,876 | |
| Operating charges | 60/66A | - | €53,458 | +€53,458 | |
| Goods for resale, raw materials and consumables | 60 | - | €12,717 | +€12,717 | |
| Purchases | 600/8 | - | €12,717 | +€12,717 | |
| Services and other goods | 61 | - | €32,496 | +€32,496 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,160 | €7,725 | -€2,435 | -24.0% |
| Other operating charges | 640/8 | €505 | €520 | +€14 | +2.8% |
| Gross operating margin | 9900 | €39,411 | - | -€39,411 | |
| Operating profit (loss) | 9901 | €28,746 | -€41,582 | -€70,328 | |
| Financial income | 75/76B | €24,066 | €1,482 | -€22,584 | -93.8% |
| Recurring financial income | 75 | €24,066 | €1,482 | -€22,584 | -93.8% |
| Other financial income | 752/9 | - | €1,482 | +€1,482 | |
| Financial charges | 65/66B | €19,462 | €463 | -€18,999 | -97.6% |
| Recurring financial charges | 65 | €19,462 | €463 | -€18,999 | -97.6% |
| Other financial charges | 652/9 | - | €463 | +€463 | |
| Profit (loss) for the period before taxes | 9903 | €33,350 | -€40,563 | -€73,914 | |
| Profit (loss) for the period | 9904 | €33,350 | -€40,563 | -€73,914 | |
| Profit (loss) for the period to be appropriated | 9905 | €33,350 | -€40,563 | -€73,914 |
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 1 October 2026 via checked.be.