ANTELIS: 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.
ANTELIS
Largest movements
- Tangible fixed assets -€6,826
down €6,826 (-4.1%), from €167,376 to €160,550
of which Land and buildings: -€5,149
- Other debts -€2,746
down €2,746 (-11.7%), from €23,417 to €20,671
- Debts after one year -€2,528
down €2,528 (-4.7%), from €54,325 to €51,796
- Profit (loss) carried forward -€2,180
down €2,180 (-35.7%), from -€6,106 to -€8,286
- Depreciation +€378
up €378 (+3.7%), from €10,232 to €10,610
- Gross operating margin -€140
down €140 (-1.2%), from €11,278 to €11,138
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 | €173,418 | €166,035 | -€7,383 | -4.3% |
| Fixed assets | 21/28 | €167,376 | €160,550 | -€6,826 | -4.1% |
| Tangible fixed assets | 22/27 | €167,376 | €160,550 | -€6,826 | -4.1% |
| Land and buildings | 22 | €89,246 | €84,097 | -€5,149 | -5.8% |
| Furniture and vehicles | 24 | €2,729 | €1,939 | -€790 | -28.9% |
| Leasing and similar rights | 25 | €75,402 | €74,514 | -€887 | -1.2% |
| Current assets | 29/58 | €6,042 | €5,485 | -€557 | -9.2% |
| Cash at bank and in hand | 54/58 | €6,042 | €5,485 | -€557 | -9.2% |
| Total equity and liabilities | 10/49 | €173,418 | €166,035 | -€7,383 | -4.3% |
| Equity | 10/15 | €93,306 | €91,126 | -€2,180 | -2.3% |
| Contributions | 10/11 | €99,412 | €99,000 | -€412 | -0.4% |
| Reserves | 13 | - | €412 | +€412 | |
| Distributable reserves | 133 | - | €412 | +€412 | |
| Profit (loss) carried forward | 14 | -€6,106 | -€8,286 | -€2,180 | -35.7% |
| Amounts payable | 17/49 | €80,112 | €74,909 | -€5,204 | -6.5% |
| Amounts payable after more than one year | 17 | €54,325 | €51,796 | -€2,528 | -4.7% |
| Financial debts | 170/4 | €54,325 | €51,796 | -€2,528 | -4.7% |
| Amounts payable within one year | 42/48 | €25,787 | €23,112 | -€2,675 | -10.4% |
| Current portion of amounts payable after more than one year | 42 | €2,371 | €2,441 | +€71 | +3.0% |
| Other amounts payable | 47/48 | €23,417 | €20,671 | -€2,746 | -11.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,232 | €10,610 | +€378 | +3.7% |
| Other operating charges | 640/8 | €2,544 | €2,622 | +€78 | +3.1% |
| Gross operating margin | 9900 | €11,278 | €11,138 | -€140 | -1.2% |
| Operating profit (loss) | 9901 | -€1,498 | -€2,094 | -€596 | -39.8% |
| Financial charges | 65/66B | €46 | €85 | +€40 | +86.9% |
| Recurring financial charges | 65 | €46 | €85 | +€40 | +86.9% |
| Profit (loss) for the period before taxes | 9903 | -€1,544 | -€2,180 | -€636 | -41.2% |
| Profit (loss) for the period | 9904 | -€1,544 | -€2,180 | -€636 | -41.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,544 | -€2,180 | -€636 | -41.2% |
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 15 October 2026 via checked.be.