ANTFLE: 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.
ANTFLE
Largest movements
- Receivables within one year -€102,565
down €102,565 (-35.3%), from €290,252 to €187,687
of which Trade receivables: -€62,567
- Tangible fixed assets +€37,947
up €37,947 (+1210.9%), from €3,134 to €41,081
- Cash +€21,233
up €21,233 (+24.5%), from €86,796 to €108,029
mainly Receivables within one year (+€102,565) and Trade debts (+€35,419)
- Deferred charges and accrued income +€7,983
new in 2025: €7,983
- Other debts -€67,701
down €67,701 (-66.0%), from €102,525 to €34,824
- Trade debts +€35,419
up €35,419 (+17.6%), from €201,685 to €237,104
- Tax, wage and social debts -€18,162
down €18,162 (-21.8%), from €83,385 to €65,223
of which Remuneration and social security: -€22,787
- Reserves +€14,463
up €14,463 (+33.0%), from €43,770 to €58,233
- Gross operating margin +€77,566
up €77,566 (+11.9%), from €649,168 to €726,734
- Staff costs +€70,996
up €70,996 (+11.2%), from €635,329 to €706,326
- Depreciation +€7,738
up €7,738 (+627.6%), from €1,233 to €8,971
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 | €436,365 | €400,383 | -€35,981 | -8.2% |
| Fixed assets | 21/28 | €9,184 | €47,131 | +€37,947 | +413.2% |
| Tangible fixed assets | 22/27 | €3,134 | €41,081 | +€37,947 | +1210.9% |
| Furniture and vehicles | 24 | €3,134 | €41,081 | +€37,947 | +1210.9% |
| Financial fixed assets | 28 | €6,050 | €6,050 | = | 0.0% |
| Current assets | 29/58 | €427,181 | €353,252 | -€73,929 | -17.3% |
| Stocks and contracts in progress | 3 | €50,134 | €49,554 | -€580 | -1.2% |
| Stocks | 30/36 | €50,134 | €49,554 | -€580 | -1.2% |
| Amounts receivable within one year | 40/41 | €290,252 | €187,687 | -€102,565 | -35.3% |
| Trade receivables | 40 | €157,398 | €94,831 | -€62,567 | -39.8% |
| Other amounts receivable | 41 | €132,854 | €92,856 | -€39,998 | -30.1% |
| Cash at bank and in hand | 54/58 | €86,796 | €108,029 | +€21,233 | +24.5% |
| Deferred charges and accrued income | 490/1 | - | €7,983 | +€7,983 | |
| Total equity and liabilities | 10/49 | €436,365 | €400,383 | -€35,981 | -8.2% |
| Equity | 10/15 | €48,770 | €63,233 | +€14,463 | +29.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €43,770 | €58,233 | +€14,463 | +33.0% |
| Distributable reserves | 133 | €43,770 | €58,233 | +€14,463 | +33.0% |
| Amounts payable | 17/49 | €387,595 | €337,151 | -€50,444 | -13.0% |
| Amounts payable within one year | 42/48 | €387,595 | €337,151 | -€50,444 | -13.0% |
| Trade debts | 44 | €201,685 | €237,104 | +€35,419 | +17.6% |
| Suppliers | 440/4 | €201,685 | €237,104 | +€35,419 | +17.6% |
| Taxes, remuneration and social security | 45 | €83,385 | €65,223 | -€18,162 | -21.8% |
| Taxes | 450/3 | €7,731 | €12,357 | +€4,626 | +59.8% |
| Remuneration and social security | 454/9 | €75,654 | €52,867 | -€22,787 | -30.1% |
| Other amounts payable | 47/48 | €102,525 | €34,824 | -€67,701 | -66.0% |
| Remuneration, social security and pensions | 62 | €635,329 | €706,326 | +€70,996 | +11.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,233 | €8,971 | +€7,738 | +627.6% |
| Other operating charges | 640/8 | €645 | €1,003 | +€359 | +55.6% |
| Gross operating margin | 9900 | €649,168 | €726,734 | +€77,566 | +11.9% |
| Operating profit (loss) | 9901 | €11,961 | €10,434 | -€1,527 | -12.8% |
| Financial income | 75/76B | €13,634 | €19,150 | +€5,516 | +40.5% |
| Recurring financial income | 75 | €13,634 | €19,150 | +€5,516 | +40.5% |
| Financial charges | 65/66B | €6,181 | €8,099 | +€1,918 | +31.0% |
| Recurring financial charges | 65 | €6,181 | €8,099 | +€1,918 | +31.0% |
| Profit (loss) for the period before taxes | 9903 | €19,414 | €21,485 | +€2,070 | +10.7% |
| Income taxes | 67/77 | €6,049 | €7,022 | +€973 | +16.1% |
| Profit (loss) for the period | 9904 | €13,366 | €14,463 | +€1,097 | +8.2% |
| Profit (loss) for the period to be appropriated | 9905 | €13,366 | €14,463 | +€1,097 | +8.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.