ANTHALL INVEST: what changed
ANTHALL INVEST
Largest movements
- Receivables after one year -€192,769
down €192,769 (-24.9%), from €772,768 to €579,999
- Receivables within one year +€143,533
up €143,533 (+50.1%), from €286,209 to €429,741
of which Trade receivables: +€131,742
- Cash -€43,915
down €43,915 (-32.2%), from €136,542 to €92,626
mainly Debts after one year (-€242,554) and Contributions, distributions and other (-€212,000)
- Debts after one year -€242,554
down €242,554 (-60.4%), from €401,252 to €158,698
- Trade debts +€143,874
up €143,874 (+267%), from €53,893 to €197,767
- Other debts -€48,122
down €48,122 (-18.5%), from €260,122 to €212,000
- Profit (loss) carried forward +€31,818
up €31,818 (+6.6%), from €478,814 to €510,632
- Financial income -€15,897
down €15,897 (-23.8%), from €66,840 to €50,943
- Taxes -€15,603
down €15,603 (-59.5%), from €26,209 to €10,606
- Financial charges -€14,744
down €14,744 (-42.4%), from €34,797 to €20,053
- Gross operating margin -€8,269
down €8,269 (-2.9%), from €281,473 to €273,204
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,869,223 | €1,763,534 | -€105,689 | -5.7% |
| Fixed assets | 21/28 | €644,245 | €630,483 | -€13,762 | -2.1% |
| Tangible fixed assets | 22/27 | €644,245 | €630,483 | -€13,762 | -2.1% |
| Land and buildings | 22 | €342,562 | €328,801 | -€13,762 | -4.0% |
| Other tangible fixed assets | 26 | €301,682 | €301,682 | = | 0.0% |
| Current assets | 29/58 | €1,224,978 | €1,133,051 | -€91,928 | -7.5% |
| Amounts receivable after more than one year | 29 | €772,768 | €579,999 | -€192,769 | -24.9% |
| Other amounts receivable | 291 | €772,768 | €579,999 | -€192,769 | -24.9% |
| Amounts receivable within one year | 40/41 | €286,209 | €429,741 | +€143,533 | +50.1% |
| Trade receivables | 40 | €104,352 | €236,094 | +€131,742 | +126% |
| Other amounts receivable | 41 | €181,857 | €193,647 | +€11,790 | +6.5% |
| Cash at bank and in hand | 54/58 | €136,542 | €92,626 | -€43,915 | -32.2% |
| Deferred charges and accrued income | 490/1 | €29,460 | €30,684 | +€1,224 | +4.2% |
| Total equity and liabilities | 10/49 | €1,869,223 | €1,763,534 | -€105,689 | -5.7% |
| Equity | 10/15 | €918,814 | €950,632 | +€31,818 | +3.5% |
| Contributions | 10/11 | €400,000 | €400,000 | = | 0.0% |
| Reserves | 13 | €40,000 | €40,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €40,000 | €40,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €40,000 | €40,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €478,814 | €510,632 | +€31,818 | +6.6% |
| Amounts payable | 17/49 | €950,409 | €812,902 | -€137,507 | -14.5% |
| Amounts payable after more than one year | 17 | €401,252 | €158,698 | -€242,554 | -60.4% |
| Financial debts | 170/4 | €401,252 | €158,698 | -€242,554 | -60.4% |
| Amounts payable within one year | 42/48 | €549,094 | €654,204 | +€105,110 | +19.1% |
| Current portion of amounts payable after more than one year | 42 | €233,190 | €242,554 | +€9,364 | +4.0% |
| Financial debts | 43 | €1,890 | €1,884 | -€6 | -0.3% |
| Credit institutions | 430/8 | €1,890 | €1,884 | -€6 | -0.3% |
| Trade debts | 44 | €53,893 | €197,767 | +€143,874 | +267% |
| Suppliers | 440/4 | €53,893 | €197,767 | +€143,874 | +267% |
| Other amounts payable | 47/48 | €260,122 | €212,000 | -€48,122 | -18.5% |
| Accrued charges and deferred income | 492/3 | €64 | €0 | -€64 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,762 | €13,762 | = | 0.0% |
| Other operating charges | 640/8 | €34,768 | €35,908 | +€1,140 | +3.3% |
| Gross operating margin | 9900 | €281,473 | €273,204 | -€8,269 | -2.9% |
| Operating profit (loss) | 9901 | €232,943 | €223,534 | -€9,409 | -4.0% |
| Financial income | 75/76B | €66,840 | €50,943 | -€15,897 | -23.8% |
| Recurring financial income | 75 | €66,840 | €50,943 | -€15,897 | -23.8% |
| Financial charges | 65/66B | €34,797 | €20,053 | -€14,744 | -42.4% |
| Recurring financial charges | 65 | €34,797 | €20,053 | -€14,744 | -42.4% |
| Profit (loss) for the period before taxes | 9903 | €264,986 | €254,424 | -€10,563 | -4.0% |
| Income taxes | 67/77 | €26,209 | €10,606 | -€15,603 | -59.5% |
| Profit (loss) for the period | 9904 | €238,777 | €243,818 | +€5,041 | +2.1% |
| Profit (loss) for the period to be appropriated | 9905 | €238,777 | €243,818 | +€5,041 | +2.1% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.