ANTEMANHA: 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.
ANTEMANHA
Largest movements
- Tangible fixed assets -€6,130
down €6,130 (-6.3%), from €97,123 to €90,993
of which Land and buildings: -€4,965
- Cash -€4,420
down €4,420 (-48.3%), from €9,144 to €4,724
mainly Net result for the year (-€7,104) and Debts after one year (-€4,905)
- Receivables within one year +€3,300
new in 2025: €3,300
- Profit (loss) carried forward -€7,104
down €7,104 (-10.6%), from -€67,058 to -€74,162
- Debts after one year -€4,905
down €4,905 (-33.6%), from €14,579 to €9,674
- Other debts +€4,313
up €4,313 (+3.4%), from €126,726 to €131,038
- Gross operating margin -€4,818
down €4,818 (-67.2%), from €7,171 to €2,354
- Financial charges -€81
down €81 (-15.2%), from €529 to €448
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 | €106,267 | €99,017 | -€7,249 | -6.8% |
| Fixed assets | 21/28 | €97,123 | €90,993 | -€6,130 | -6.3% |
| Tangible fixed assets | 22/27 | €97,123 | €90,993 | -€6,130 | -6.3% |
| Land and buildings | 22 | €92,848 | €87,883 | -€4,965 | -5.3% |
| Other tangible fixed assets | 26 | €4,275 | €3,110 | -€1,165 | -27.3% |
| Current assets | 29/58 | €9,144 | €8,024 | -€1,120 | -12.2% |
| Amounts receivable within one year | 40/41 | - | €3,300 | +€3,300 | |
| Trade receivables | 40 | - | €3,300 | +€3,300 | |
| Cash at bank and in hand | 54/58 | €9,144 | €4,724 | -€4,420 | -48.3% |
| Total equity and liabilities | 10/49 | €106,267 | €99,017 | -€7,249 | -6.8% |
| Equity | 10/15 | -€54,658 | -€61,762 | -€7,104 | -13.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€67,058 | -€74,162 | -€7,104 | -10.6% |
| Amounts payable | 17/49 | €160,924 | €160,779 | -€145 | -0.1% |
| Amounts payable after more than one year | 17 | €14,579 | €9,674 | -€4,905 | -33.6% |
| Financial debts | 170/4 | €14,579 | €9,674 | -€4,905 | -33.6% |
| Amounts payable within one year | 42/48 | €145,846 | €150,605 | +€4,760 | +3.3% |
| Current portion of amounts payable after more than one year | 42 | €4,810 | €4,905 | +€95 | +2.0% |
| Trade debts | 44 | €14,311 | €14,662 | +€352 | +2.5% |
| Suppliers | 440/4 | €14,311 | €14,662 | +€352 | +2.5% |
| Other amounts payable | 47/48 | €126,726 | €131,038 | +€4,313 | +3.4% |
| Accrued charges and deferred income | 492/3 | €500 | €500 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,130 | €6,130 | = | 0.0% |
| Other operating charges | 640/8 | €2,951 | €2,880 | -€71 | -2.4% |
| Gross operating margin | 9900 | €7,171 | €2,354 | -€4,818 | -67.2% |
| Operating profit (loss) | 9901 | -€1,909 | -€6,656 | -€4,747 | -248.6% |
| Financial charges | 65/66B | €529 | €448 | -€81 | -15.2% |
| Recurring financial charges | 65 | €529 | €448 | -€81 | -15.2% |
| Profit (loss) for the period before taxes | 9903 | -€2,438 | -€7,104 | -€4,666 | -191.4% |
| Profit (loss) for the period | 9904 | -€2,438 | -€7,104 | -€4,666 | -191.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,438 | -€7,104 | -€4,666 | -191.4% |
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 4 October 2026 via checked.be.