ANTASER AFRIQUE: 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.
What changed
ANTASER AFRIQUE
NACE 52.250, Logistics services
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€451,980
2024 · €965+€451,015
Equity
€14.9m
2024 · €14.4m+€451,980
Cash
€34,812
2024 · €83,214-€48,402
Balance sheet total
€17.7m
2024 · €17.9m-€159,983
Largest movements
Assets
No asset line moved by more than 1% of the balance sheet total.
Equity and liabilities
- Debts after one year -€495,584
down €495,584 (-19.0%), from €2.6m to €2.1m
- Reserves +€450,000
up €450,000 (+3.1%), from €14.4m to €14.9m
of which Distributable reserves: +€450,000
- Trade debts -€252,301
down €252,301 (-88.0%), from €286,709 to €34,408
Income statement
- Gross operating margin +€703,711
up €703,711 (+892%), from €78,924 to €782,636
- Taxes +€220,615
up €220,615 (+98,564%), from €224 to €220,839
- Financial income -€25,096
down €25,096 (-66.8%), from €37,545 to €12,449
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.
Result 2024
€965
Gross operating margin
+€703,711
Depreciation
+€1,611
Other operating charges
-€2,199
Other operating items
-€1,008
Financial income
-€25,096
Financial charges
-€5,389
Taxes
-€220,615
Result 2025
€451,980
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€447,182
Investment
€0
Financing
-€495,584
Cash 2024
€83,214
From operations (derived)
+€447,182
Net result for the year
+€451,980
Depreciation
+€107,583
Receivables within one year
+€15,703
Deferred charges and accrued income
-€11,705
Trade debts
-€252,301
Tax, wage and social debts
+€69,231
Advances received
+€2,269
Accrued charges and deferred income
+€64,421
Financing
-€495,584
Debts after one year
-€495,584
Cash 2025
€34,812
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €17,866,346 | €17,706,363 | -€159,983 | -0.9% |
| Fixed assets | 21/28 | €16,887,346 | €16,779,763 | -€107,583 | -0.6% |
| Intangible fixed assets | 21 | €3,150 | €2,700 | -€450 | -14.3% |
| Tangible fixed assets | 22/27 | €559,196 | €452,063 | -€107,133 | -19.2% |
| Land and buildings | 22 | €523,849 | €445,769 | -€78,079 | -14.9% |
| Plant, machinery and equipment | 23 | €4,069 | €2,035 | -€2,035 | -50.0% |
| Furniture and vehicles | 24 | €31,278 | €4,259 | -€27,019 | -86.4% |
| Financial fixed assets | 28 | €16,325,000 | €16,325,000 | = | 0.0% |
| Current assets | 29/58 | €979,000 | €926,600 | -€52,400 | -5.4% |
| Amounts receivable after more than one year | 29 | €469,500 | €469,500 | = | 0.0% |
| Other amounts receivable | 291 | €469,500 | €469,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €347,811 | €332,108 | -€15,703 | -4.5% |
| Other amounts receivable | 41 | €347,811 | €332,108 | -€15,703 | -4.5% |
| Cash at bank and in hand | 54/58 | €83,214 | €34,812 | -€48,402 | -58.2% |
| Deferred charges and accrued income | 490/1 | €78,474 | €90,179 | +€11,705 | +14.9% |
| Total equity and liabilities | 10/49 | €17,866,346 | €17,706,363 | -€159,983 | -0.9% |
| Equity | 10/15 | €14,417,537 | €14,869,517 | +€451,980 | +3.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €14,401,860 | €14,851,860 | +€450,000 | +3.1% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €14,400,000 | €14,850,000 | +€450,000 | +3.1% |
| Profit (loss) carried forward | 14 | €9,477 | €11,457 | +€1,980 | +20.9% |
| Amounts payable | 17/49 | €3,448,809 | €2,836,845 | -€611,964 | -17.7% |
| Amounts payable after more than one year | 17 | €2,609,686 | €2,114,102 | -€495,584 | -19.0% |
| Other amounts payable | 178/9 | €2,609,686 | €2,114,102 | -€495,584 | -19.0% |
| Amounts payable within one year | 42/48 | €839,123 | €658,322 | -€180,801 | -21.5% |
| Trade debts | 44 | €286,709 | €34,408 | -€252,301 | -88.0% |
| Suppliers | 440/4 | €286,709 | €34,408 | -€252,301 | -88.0% |
| Advances received on contracts in progress | 46 | €549,828 | €552,097 | +€2,269 | +0.4% |
| Taxes, remuneration and social security | 45 | €2,586 | €71,817 | +€69,231 | +2,677% |
| Taxes | 450/3 | €244 | €71,508 | +€71,264 | +29,208% |
| Remuneration and social security | 454/9 | €2,342 | €309 | -€2,033 | -86.8% |
| Accrued charges and deferred income | 492/3 | - | €64,421 | +€64,421 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €109,194 | €107,583 | -€1,611 | -1.5% |
| Other operating charges | 640/8 | €2,074 | €4,273 | +€2,199 | +106% |
| Non-recurring operating charges | 66A | - | €1,008 | +€1,008 | |
| Gross operating margin | 9900 | €78,924 | €782,636 | +€703,711 | +892% |
| Operating profit (loss) | 9901 | -€32,344 | €669,771 | +€702,115 | |
| Financial income | 75/76B | €37,545 | €12,449 | -€25,096 | -66.8% |
| Recurring financial income | 75 | €37,545 | €12,449 | -€25,096 | -66.8% |
| Financial charges | 65/66B | €4,012 | €9,401 | +€5,389 | +134% |
| Recurring financial charges | 65 | €4,012 | €9,401 | +€5,389 | +134% |
| Profit (loss) for the period before taxes | 9903 | €1,189 | €672,819 | +€671,630 | +56,497% |
| Income taxes | 67/77 | €224 | €220,839 | +€220,615 | +98,564% |
| Profit (loss) for the period | 9904 | €965 | €451,980 | +€451,015 | +46,739% |
| Profit (loss) for the period to be appropriated | 9905 | €965 | €451,980 | +€451,015 | +46,739% |
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 14 October 2026 via checked.be.