Antech Diagnostics Belgium: what changed
What changed
Antech Diagnostics Belgium
NACE 75.000, Veterinary services
filed annual accounts (NBB)
Net result for the year
-€4.3m
2023 · -€461,263-€3.8m
Equity
€41.6m
2023 · -€46,789+€41.6m
Cash
€1.5m
2023 · €1.1m+€368,431
Balance sheet total
€43.5m
2023 · €46.0m-€2.5m
Largest movements
Assets
- Intangible fixed assets -€4.4m
down €4.4m (-10.3%), from €43.0m to €38.5m
- Receivables within one year +€819,277
up €819,277 (+47.6%), from €1.7m to €2.5m
of which Trade receivables: +€637,316
- Tangible fixed assets +€671,297
up €671,297 (+453%), from €148,264 to €819,561
of which Plant, machinery and equipment: +€479,932
Equity and liabilities
- Contributions +€45.9m
up €45.9m (+246,702%), from €18,600 to €45.9m
- Other debts -€44.8m
down €44.8m (-100.0%), from €44.8m to €10,236
- Profit (loss) carried forward -€4.3m
down €4.3m (-4,274%), from -€99,558 to -€4.4m
- Trade debts +€621,850
up €621,850 (+61.2%), from €1.0m to €1.6m
Income statement
- Turnover +€7.8m
up €7.8m (+229%), from €3.4m to €11.1m
- Goods and materials +€3.7m
up €3.7m (+487%), from €750,852 to €4.4m
of which Purchases: +€3.6m
- Depreciation +€3.3m
up €3.3m (+297%), from €1.1m to €4.4m
- Services and other goods +€3.0m
up €3.0m (+434%), from €681,069 to €3.6m
- Staff costs +€1.0m
up €1.0m (+208%), from €480,688 to €1.5m
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2023
-€461,263
Turnover
+€7.8m
Other operating income
+€5,004
Goods and materials
-€3.7m
Services and other goods
-€3.0m
Staff costs
-€1.0m
Depreciation
-€3.3m
Write-downs
-€349,041
Other operating charges
-€733
Financial income
+€67,401
Financial charges
-€335,717
Taxes
+€1,390
Result 2024
-€4.3m
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€44.8m
Investment
-€704,394
Financing
+€45.9m
Cash 2023
€1.1m
From operations (derived)
-€44.8m
Net result for the year
-€4.3m
Depreciation
+€4.4m
Smaller working-capital items
-€47,700
Receivables within one year
-€819,277
Trade debts
+€621,850
Other debts
-€44.8m
Investment (derived)
-€704,394
Investment in fixed assets (net)
-€704,394
Financing
+€45.9m
Contributions, distributions and other
+€45.9m
Cash 2024
€1.5m
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €46,047,130 | €43,515,534 | -€2.5m | -5.5% |
| Fixed assets | 21/28 | €43,102,016 | €39,367,621 | -€3.7m | -8.7% |
| Intangible fixed assets | 21 | €42,953,599 | €38,547,907 | -€4.4m | -10.3% |
| Tangible fixed assets | 22/27 | €148,264 | €819,561 | +€671,297 | +453% |
| Plant, machinery and equipment | 23 | €132,517 | €612,449 | +€479,932 | +362% |
| Furniture and vehicles | 24 | €1,462 | €196,188 | +€194,726 | +13,321% |
| Other tangible fixed assets | 26 | €14,285 | €10,925 | -€3,360 | -23.5% |
| Financial fixed assets | 28 | €153 | €153 | = | 0.0% |
| Other financial fixed assets | 284/8 | €153 | €153 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €153 | €153 | = | 0.0% |
| Current assets | 29/58 | €2,945,114 | €4,147,913 | +€1.2m | +40.8% |
| Stocks and contracts in progress | 3 | €110,351 | €116,868 | +€6,517 | +5.9% |
| Stocks | 30/36 | €110,351 | €116,868 | +€6,517 | +5.9% |
| Goods purchased for resale | 34 | €110,351 | €116,868 | +€6,517 | +5.9% |
| Amounts receivable within one year | 40/41 | €1,721,149 | €2,540,426 | +€819,277 | +47.6% |
| Trade receivables | 40 | €1,659,694 | €2,297,010 | +€637,316 | +38.4% |
| Other amounts receivable | 41 | €61,456 | €243,417 | +€181,961 | +296% |
| Cash at bank and in hand | 54/58 | €1,112,169 | €1,480,600 | +€368,431 | +33.1% |
| Deferred charges and accrued income | 490/1 | €1,445 | €10,019 | +€8,574 | +593% |
| Total equity and liabilities | 10/49 | €46,047,130 | €43,515,534 | -€2.5m | -5.5% |
| Equity | 10/15 | -€46,789 | €41,584,603 | +€41.6m | |
| Contributions | 10/11 | €18,600 | €45,905,229 | +€45.9m | +246,702% |
| Reserves | 13 | €34,170 | €34,170 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €34,170 | €34,170 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€99,558 | -€4,354,796 | -€4.3m | -4,274% |
| Amounts payable | 17/49 | €46,093,919 | €1,930,931 | -€44.2m | -95.8% |
| Amounts payable within one year | 42/48 | €46,093,919 | €1,930,931 | -€44.2m | -95.8% |
| Trade debts | 44 | €1,016,918 | €1,638,768 | +€621,850 | +61.2% |
| Suppliers | 440/4 | €1,016,918 | €1,638,768 | +€621,850 | +61.2% |
| Taxes, remuneration and social security | 45 | €314,536 | €281,928 | -€32,609 | -10.4% |
| Taxes | 450/3 | €223,625 | €42,706 | -€180,920 | -80.9% |
| Remuneration and social security | 454/9 | €90,911 | €239,222 | +€148,311 | +163% |
| Other amounts payable | 47/48 | €44,762,465 | €10,236 | -€44.8m | -100.0% |
| Operating income | 70/76A | €3,442,778 | €11,201,093 | +€7.8m | +225% |
| Turnover | 70 | €3,384,626 | €11,137,937 | +€7.8m | +229% |
| Other operating income | 74 | €58,152 | €63,156 | +€5,004 | +8.6% |
| Operating charges | 60/66A | €3,038,310 | €14,323,673 | +€11.3m | +371% |
| Goods for resale, raw materials and consumables | 60 | €750,852 | €4,410,027 | +€3.7m | +487% |
| Purchases | 600/8 | €861,203 | €4,416,544 | +€3.6m | +413% |
| Change in stocks: decrease (increase) | 609 | -€110,351 | -€6,517 | +€103,834 | +94.1% |
| Services and other goods | 61 | €681,069 | €3,636,476 | +€3.0m | +434% |
| Remuneration, social security and pensions | 62 | €480,688 | €1,481,502 | +€1.0m | +208% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,118,597 | €4,438,789 | +€3.3m | +297% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €5,123 | €354,164 | +€349,041 | +6,813% |
| Other operating charges | 640/8 | €1,982 | €2,715 | +€733 | +37.0% |
| Operating profit (loss) | 9901 | €404,468 | -€3,122,580 | -€3.5m | |
| Financial income | 75/76B | €3 | €67,404 | +€67,401 | +2,011,960% |
| Recurring financial income | 75 | €3 | €67,404 | +€67,401 | +2,011,960% |
| Income from current assets | 751 | €0 | €61,823 | +€61,823 | |
| Other financial income | 752/9 | €3 | €5,581 | +€5,578 | +166,507% |
| Financial charges | 65/66B | €864,345 | €1,200,062 | +€335,717 | +38.8% |
| Recurring financial charges | 65 | €559,536 | €1,200,062 | +€640,526 | +114% |
| Debt charges | 650 | €558,465 | €1,194,427 | +€635,962 | +114% |
| Other financial charges | 652/9 | €1,071 | €5,635 | +€4,564 | +426% |
| Non-recurring financial charges | 66B | €304,809 | - | -€304,809 | |
| Profit (loss) for the period before taxes | 9903 | -€459,874 | -€4,255,238 | -€3.8m | -825% |
| Income taxes | 67/77 | €1,390 | - | -€1,390 | |
| Taxes | 670/3 | €1,390 | - | -€1,390 | |
| Profit (loss) for the period | 9904 | -€461,263 | -€4,255,238 | -€3.8m | -823% |
| Transfer from tax-exempt reserves | 789 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | -€461,263 | -€4,255,238 | -€3.8m | -823% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.