ANTEOS: 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.
ANTEOS
Largest movements
- Receivables within one year -€15,110
down €15,110 (-25.6%), from €58,943 to €43,833
of which Trade receivables: -€15,185
- Tangible fixed assets -€1,368
down €1,368 (-18.7%), from €7,308 to €5,939
- Deferred charges and accrued income -€896
down €896 (-36.5%), from €2,455 to €1,558
- Profit (loss) carried forward -€9,158
down €9,158 (-63.6%), from €14,408 to €5,251
- Tax, wage and social debts -€4,223
down €4,223 (-28.7%), from €14,719 to €10,495
of which Taxes: -€6,873
- Other debts -€2,500
no longer reported in 2025 (was €2,500)
- Trade debts -€890
down €890 (-2.5%), from €35,971 to €35,081
- Gross operating margin -€16,381
down €16,381 (-74.5%), from €21,986 to €5,605
- Write-downs +€8,770
new in 2025: €8,770
- Taxes -€5,551
down €5,551 (-82.8%), from €6,703 to €1,153
- Depreciation +€1,050
up €1,050 (+79.7%), from €1,318 to €2,368
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 | €76,309 | €59,538 | -€16,771 | -22.0% |
| Fixed assets | 21/28 | €7,563 | €6,194 | -€1,368 | -18.1% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €7,308 | €5,939 | -€1,368 | -18.7% |
| Furniture and vehicles | 24 | €7,308 | €5,939 | -€1,368 | -18.7% |
| Financial fixed assets | 28 | €255 | €255 | = | 0.0% |
| Current assets | 29/58 | €68,747 | €53,343 | -€15,403 | -22.4% |
| Amounts receivable within one year | 40/41 | €58,943 | €43,833 | -€15,110 | -25.6% |
| Trade receivables | 40 | €52,837 | €37,652 | -€15,185 | -28.7% |
| Other amounts receivable | 41 | €6,106 | €6,181 | +€75 | +1.2% |
| Cash at bank and in hand | 54/58 | €7,349 | €7,952 | +€603 | +8.2% |
| Deferred charges and accrued income | 490/1 | €2,455 | €1,558 | -€896 | -36.5% |
| Total equity and liabilities | 10/49 | €76,309 | €59,538 | -€16,771 | -22.0% |
| Equity | 10/15 | €23,120 | €13,962 | -€9,158 | -39.6% |
| Contributions | 10/11 | €8,285 | €8,285 | = | 0.0% |
| Reserves | 13 | €426 | €426 | = | 0.0% |
| Non-distributable reserves | 130/1 | €426 | €426 | = | 0.0% |
| Reserves not available under the articles | 1311 | €426 | €426 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,408 | €5,251 | -€9,158 | -63.6% |
| Amounts payable | 17/49 | €53,190 | €45,576 | -€7,614 | -14.3% |
| Amounts payable within one year | 42/48 | €53,190 | €45,576 | -€7,614 | -14.3% |
| Trade debts | 44 | €35,971 | €35,081 | -€890 | -2.5% |
| Suppliers | 440/4 | €35,971 | €35,081 | -€890 | -2.5% |
| Taxes, remuneration and social security | 45 | €14,719 | €10,495 | -€4,223 | -28.7% |
| Taxes | 450/3 | €14,719 | €7,845 | -€6,873 | -46.7% |
| Remuneration and social security | 454/9 | - | €2,650 | +€2,650 | |
| Other amounts payable | 47/48 | €2,500 | - | -€2,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,318 | €2,368 | +€1,050 | +79.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €8,770 | +€8,770 | |
| Other operating charges | 640/8 | €1,929 | €1,942 | +€13 | +0.7% |
| Gross operating margin | 9900 | €21,986 | €5,605 | -€16,381 | -74.5% |
| Operating profit (loss) | 9901 | €18,739 | -€7,475 | -€26,214 | |
| Financial income | 75/76B | €179 | €252 | +€73 | +40.6% |
| Recurring financial income | 75 | €179 | €252 | +€73 | +40.6% |
| Financial charges | 65/66B | €768 | €782 | +€13 | +1.7% |
| Recurring financial charges | 65 | €768 | €782 | +€13 | +1.7% |
| Profit (loss) for the period before taxes | 9903 | €18,150 | -€8,005 | -€26,155 | |
| Income taxes | 67/77 | €6,703 | €1,153 | -€5,551 | -82.8% |
| Profit (loss) for the period | 9904 | €11,446 | -€9,158 | -€20,604 | |
| Profit (loss) for the period to be appropriated | 9905 | €11,446 | -€9,158 | -€20,604 |
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 8 October 2026 via checked.be.