ANTENNE CENTRE: 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.
ANTENNE CENTRE
Largest movements
- Cash +€567,252
up €567,252 (+86.2%), from €658,009 to €1.2m
mainly Current investments (+€325,000) and Net result for the year (+€265,590)
- Current investments -€325,000
down €325,000 (-100.0%), from €325,000 to €0
- Receivables within one year -€101,622
down €101,622 (-28.4%), from €358,009 to €256,387
of which Trade receivables: -€59,792
- Tangible fixed assets -€66,166
down €66,166 (-21.4%), from €309,098 to €242,932
of which Plant, machinery and equipment: -€36,990
- Reserves +€413,770
up €413,770 (+74.0%), from €559,230 to €973,000
- Profit (loss) carried forward -€148,180
down €148,180 (-74.6%), from €198,606 to €50,426
- Tax, wage and social debts -€109,943
down €109,943 (-23.3%), from €471,398 to €361,455
of which Remuneration and social security: -€65,524
- Investment grants -€43,699
down €43,699 (-37.4%), from €116,919 to €73,220
- Provisions -€41,886
down €41,886 (-27.1%), from €154,333 to €112,448
- Gross operating margin +€191,553
up €191,553 (+5.7%), from €3.4m to €3.6m
- Staff costs +€64,970
up €64,970 (+2.1%), from €3.1m to €3.1m
- Purchases and services -€46,896
down €46,896 (-5.8%), from €802,205 to €755,310
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 | €1,687,049 | €1,762,354 | +€75,305 | +4.5% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €318,405 | €249,646 | -€68,759 | -21.6% |
| Intangible fixed assets | 21 | €9,183 | €6,590 | -€2,593 | -28.2% |
| Tangible fixed assets | 22/27 | €309,098 | €242,932 | -€66,166 | -21.4% |
| Land and buildings | 22 | €0 | €0 | = | |
| Plant, machinery and equipment | 23 | €137,108 | €100,119 | -€36,990 | -27.0% |
| Furniture and vehicles | 24 | €60,589 | €37,843 | -€22,746 | -37.5% |
| Leasing and similar rights | 25 | €7,454 | €3,727 | -€3,727 | -50.0% |
| Other tangible fixed assets | 26 | €103,948 | €101,244 | -€2,704 | -2.6% |
| Assets under construction and advance payments | 27 | - | €0 | = | |
| Financial fixed assets | 28 | €124 | €124 | = | 0.0% |
| Current assets | 29/58 | €1,368,644 | €1,512,708 | +€144,064 | +10.5% |
| Amounts receivable within one year | 40/41 | €358,009 | €256,387 | -€101,622 | -28.4% |
| Trade receivables | 40 | €201,446 | €141,655 | -€59,792 | -29.7% |
| Other amounts receivable | 41 | €156,563 | €114,733 | -€41,830 | -26.7% |
| Current investments | 50/53 | €325,000 | €0 | -€325,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €658,009 | €1,225,261 | +€567,252 | +86.2% |
| Deferred charges and accrued income | 490/1 | €27,626 | €31,060 | +€3,434 | +12.4% |
| Total equity and liabilities | 10/49 | €1,687,049 | €1,762,354 | +€75,305 | +4.5% |
| Equity | 10/15 | €874,755 | €1,096,645 | +€221,891 | +25.4% |
| Reserves | 13 | €559,230 | €973,000 | +€413,770 | +74.0% |
| Profit (loss) carried forward | 14 | €198,606 | €50,426 | -€148,180 | -74.6% |
| Investment grants | 15 | €116,919 | €73,220 | -€43,699 | -37.4% |
| Provisions and deferred taxes | 16 | €154,333 | €112,448 | -€41,886 | -27.1% |
| Provisions for liabilities and charges | 160/5 | €154,333 | €112,448 | -€41,886 | -27.1% |
| Other liabilities and charges | 164/5 | €154,333 | €112,448 | -€41,886 | -27.1% |
| Amounts payable | 17/49 | €657,961 | €553,261 | -€104,700 | -15.9% |
| Amounts payable after more than one year | 17 | €7,446 | €3,480 | -€3,966 | -53.3% |
| Financial debts | 170/4 | €7,446 | €3,480 | -€3,966 | -53.3% |
| Amounts payable within one year | 42/48 | €607,197 | €525,099 | -€82,098 | -13.5% |
| Current portion of amounts payable after more than one year | 42 | €9,512 | €3,966 | -€5,545 | -58.3% |
| Trade debts | 44 | €126,288 | €159,678 | +€33,390 | +26.4% |
| Suppliers | 440/4 | €126,288 | €159,678 | +€33,390 | +26.4% |
| Taxes, remuneration and social security | 45 | €471,398 | €361,455 | -€109,943 | -23.3% |
| Taxes | 450/3 | €45,265 | €846 | -€44,419 | -98.1% |
| Remuneration and social security | 454/9 | €426,132 | €360,608 | -€65,524 | -15.4% |
| Accrued charges and deferred income | 492/3 | €43,318 | €24,683 | -€18,635 | -43.0% |
| Non-recurring operating income | 76A | €9,509 | €8,003 | -€1,507 | -15.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €802,205 | €755,310 | -€46,896 | -5.8% |
| Remuneration, social security and pensions | 62 | €3,056,543 | €3,121,513 | +€64,970 | +2.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €112,307 | €110,937 | -€1,370 | -1.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€2,732 | -€8,298 | -€5,566 | -203.7% |
| Other operating charges | 640/8 | €12,778 | €16,011 | +€3,233 | +25.3% |
| Non-recurring operating charges | 66A | €44,638 | €17,550 | -€27,088 | -60.7% |
| Gross operating margin | 9900 | €3,368,103 | €3,559,656 | +€191,553 | +5.7% |
| Operating profit (loss) | 9901 | €110,495 | €260,057 | +€149,562 | +135.4% |
| Financial income | 75/76B | €11,380 | €12,748 | +€1,368 | +12.0% |
| Recurring financial income | 75 | €11,380 | €12,748 | +€1,368 | +12.0% |
| Financial charges | 65/66B | €4,078 | €3,227 | -€851 | -20.9% |
| Recurring financial charges | 65 | €4,078 | €3,227 | -€851 | -20.9% |
| Profit (loss) for the period before taxes | 9903 | €117,796 | €269,578 | +€151,781 | +128.9% |
| Income taxes | 67/77 | €3,401 | €3,988 | +€587 | +17.3% |
| Profit (loss) for the period | 9904 | €114,395 | €265,590 | +€151,194 | +132.2% |
| Profit (loss) for the period to be appropriated | 9905 | €114,395 | €265,590 | +€151,194 | +132.2% |
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 7 October 2026 via checked.be.