ANTE TOMASOVIC: 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.
ANTE TOMASOVIC
Largest movements
- Deferred charges and accrued income +€23,686
up €23,686 (+2,023%), from €1,171 to €24,857
- Receivables within one year +€13,317
up €13,317 (+44.3%), from €30,040 to €43,357
of which Trade receivables: +€16,637
- Cash -€9,195
down €9,195 (-15.0%), from €61,296 to €52,102
mainly Contributions, distributions and other (-€145,808) and Deferred charges and accrued income (-€23,686)
- Tangible fixed assets -€5,524
down €5,524 (-7.0%), from €78,558 to €73,034
of which Land and buildings: -€6,949
- Profit (loss) carried forward -€73,961
down €73,961 (-100%), from €73,961 to €0
- Other debts +€72,937
up €72,937 (+143%), from €51,000 to €123,937
- Tax, wage and social debts +€13,466
up €13,466 (+110%), from €12,200 to €25,667
of which Taxes: +€13,466
- Advances received +€12,192
new in 2025: €12,192
- Trade debts +€6,503
up €6,503 (+409%), from €1,590 to €8,093
- Gross operating margin +€58,100
up €58,100 (+104%), from €55,722 to €113,821
- Taxes +€10,379
up €10,379 (+115%), from €9,017 to €19,396
- Other operating charges +€5,724
up €5,724 (+421%), from €1,361 to €7,085
- Financial charges +€2,228
up €2,228 (+89.4%), from €2,492 to €4,720
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 | €171,065 | €193,349 | +€22,284 | +13.0% |
| Fixed assets | 21/28 | €78,558 | €73,034 | -€5,524 | -7.0% |
| Intangible fixed assets | 21 | - | €0 | = | |
| Tangible fixed assets | 22/27 | €78,558 | €73,034 | -€5,524 | -7.0% |
| Land and buildings | 22 | €71,457 | €64,508 | -€6,949 | -9.7% |
| Plant, machinery and equipment | 23 | €1,828 | €4,195 | +€2,367 | +129% |
| Furniture and vehicles | 24 | €5,273 | €4,331 | -€942 | -17.9% |
| Current assets | 29/58 | €92,507 | €120,315 | +€27,808 | +30.1% |
| Amounts receivable within one year | 40/41 | €30,040 | €43,357 | +€13,317 | +44.3% |
| Trade receivables | 40 | €11,445 | €28,082 | +€16,637 | +145% |
| Other amounts receivable | 41 | €18,595 | €15,275 | -€3,320 | -17.9% |
| Cash at bank and in hand | 54/58 | €61,296 | €52,102 | -€9,195 | -15.0% |
| Deferred charges and accrued income | 490/1 | €1,171 | €24,857 | +€23,686 | +2,023% |
| Total equity and liabilities | 10/49 | €171,065 | €193,349 | +€22,284 | +13.0% |
| Equity | 10/15 | €94,421 | €20,460 | -€73,961 | -78.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €73,961 | €0 | -€73,961 | -100% |
| Amounts payable | 17/49 | €76,644 | €172,889 | +€96,245 | +126% |
| Amounts payable after more than one year | 17 | €3,000 | €0 | -€3,000 | -100% |
| Financial debts | 170/4 | €3,000 | €0 | -€3,000 | -100% |
| Amounts payable within one year | 42/48 | €73,644 | €172,889 | +€99,245 | +135% |
| Current portion of amounts payable after more than one year | 42 | €8,853 | €3,000 | -€5,853 | -66.1% |
| Trade debts | 44 | €1,590 | €8,093 | +€6,503 | +409% |
| Suppliers | 440/4 | €1,590 | €8,093 | +€6,503 | +409% |
| Advances received on contracts in progress | 46 | - | €12,192 | +€12,192 | |
| Taxes, remuneration and social security | 45 | €12,200 | €25,667 | +€13,466 | +110% |
| Taxes | 450/3 | €12,200 | €25,667 | +€13,466 | +110% |
| Remuneration and social security | 454/9 | - | €0 | = | |
| Other amounts payable | 47/48 | €51,000 | €123,937 | +€72,937 | +143% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,952 | €10,913 | +€961 | +9.7% |
| Other operating charges | 640/8 | €1,361 | €7,085 | +€5,724 | +421% |
| Non-recurring operating charges | 66A | - | €217 | +€217 | |
| Gross operating margin | 9900 | €55,722 | €113,821 | +€58,100 | +104% |
| Operating profit (loss) | 9901 | €44,408 | €95,607 | +€51,198 | +115% |
| Financial income | 75/76B | €1,031 | €356 | -€675 | -65.5% |
| Recurring financial income | 75 | €1,031 | €356 | -€675 | -65.5% |
| Financial charges | 65/66B | €2,492 | €4,720 | +€2,228 | +89.4% |
| Recurring financial charges | 65 | €2,492 | €4,720 | +€2,228 | +89.4% |
| Profit (loss) for the period before taxes | 9903 | €42,948 | €91,243 | +€48,295 | +112% |
| Income taxes | 67/77 | €9,017 | €19,396 | +€10,379 | +115% |
| Profit (loss) for the period | 9904 | €33,931 | €71,847 | +€37,916 | +112% |
| Profit (loss) for the period to be appropriated | 9905 | €33,931 | €71,847 | +€37,916 | +112% |
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 21 October 2026 via checked.be.