ANTELOPE: 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.
ANTELOPE
Largest movements
- Intangible fixed assets +€60,750
up €60,750 (+99.6%), from €61,000 to €121,750
- Receivables within one year -€4,226
down €4,226 (-41.0%), from €10,318 to €6,093
- Cash -€3,929
down €3,929 (-34.6%), from €11,348 to €7,419
mainly Net result for the year (-€189,807) and Investment in fixed assets (net) (-€60,750)
- Other debts +€255,000
up €255,000 (+140.1%), from €182,000 to €437,000
- Profit (loss) carried forward -€189,807
down €189,807 (-144.8%), from -€131,059 to -€320,867
- Trade debts -€8,064
down €8,064 (-52.1%), from €15,470 to €7,407
- Tax, wage and social debts -€4,848
down €4,848 (-28.9%), from €16,776 to €11,927
of which Remuneration and social security: -€3,464
- Staff costs +€58,828
up €58,828 (+110.4%), from €53,275 to €112,104
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
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 | €86,187 | €138,467 | +€52,281 | +60.7% |
| Fixed assets | 21/28 | €63,798 | €123,914 | +€60,115 | +94.2% |
| Intangible fixed assets | 21 | €61,000 | €121,750 | +€60,750 | +99.6% |
| Tangible fixed assets | 22/27 | €2,798 | €2,164 | -€635 | -22.7% |
| Furniture and vehicles | 24 | €2,798 | €2,164 | -€635 | -22.7% |
| Current assets | 29/58 | €22,388 | €14,554 | -€7,834 | -35.0% |
| Amounts receivable within one year | 40/41 | €10,318 | €6,093 | -€4,226 | -41.0% |
| Other amounts receivable | 41 | €10,318 | €6,093 | -€4,226 | -41.0% |
| Cash at bank and in hand | 54/58 | €11,348 | €7,419 | -€3,929 | -34.6% |
| Deferred charges and accrued income | 490/1 | €721 | €1,042 | +€320 | +44.4% |
| Total equity and liabilities | 10/49 | €86,187 | €138,467 | +€52,281 | +60.7% |
| Equity | 10/15 | -€128,059 | -€317,867 | -€189,807 | -148.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€131,059 | -€320,867 | -€189,807 | -144.8% |
| Amounts payable | 17/49 | €214,246 | €456,334 | +€242,088 | +113.0% |
| Amounts payable within one year | 42/48 | €214,246 | €456,334 | +€242,088 | +113.0% |
| Trade debts | 44 | €15,470 | €7,407 | -€8,064 | -52.1% |
| Suppliers | 440/4 | €15,470 | €7,407 | -€8,064 | -52.1% |
| Taxes, remuneration and social security | 45 | €16,776 | €11,927 | -€4,848 | -28.9% |
| Taxes | 450/3 | €2,033 | €648 | -€1,385 | -68.1% |
| Remuneration and social security | 454/9 | €14,743 | €11,279 | -€3,464 | -23.5% |
| Other amounts payable | 47/48 | €182,000 | €437,000 | +€255,000 | +140.1% |
| Remuneration, social security and pensions | 62 | €53,275 | €112,104 | +€58,828 | +110.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €376 | €635 | +€259 | +68.8% |
| Other operating charges | 640/8 | €1,087 | €1,171 | +€84 | +7.7% |
| Gross operating margin | 9900 | -€76,175 | -€75,540 | +€635 | +0.8% |
| Operating profit (loss) | 9901 | -€130,913 | -€189,450 | -€58,537 | -44.7% |
| Financial charges | 65/66B | €87 | €187 | +€100 | +114.1% |
| Recurring financial charges | 65 | €87 | €187 | +€100 | +114.1% |
| Profit (loss) for the period before taxes | 9903 | -€131,001 | -€189,637 | -€58,636 | -44.8% |
| Income taxes | 67/77 | €59 | €170 | +€112 | +190.9% |
| Profit (loss) for the period | 9904 | -€131,059 | -€189,807 | -€58,748 | -44.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€131,059 | -€189,807 | -€58,748 | -44.8% |
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 3 October 2026 via checked.be.