Anthea Group: what changed
Two financial 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.
Anthea Group
Largest movements
- Cash -€71,683
down €71,683 (-22.2%), from €323,249 to €251,566
mainly Debts after one year (-€180,293) and Contributions, distributions and other (-€59,243)
- Receivables within one year -€59,915
down €59,915 (-60.7%), from €98,768 to €38,853
of which Trade receivables: -€64,733
- Tangible fixed assets -€58,232
down €58,232 (-38.3%), from €152,021 to €93,789
of which Furniture and vehicles: -€53,487
- Financial fixed assets -€17,000
down €17,000 (-100.0%), from €17,001 to €1
- Debts after one year -€180,293
down €180,293 (-38.6%), from €466,862 to €286,570
- Tax, wage and social debts -€8,524
down €8,524 (-28.2%), from €30,180 to €21,655
- Other debts -€6,505
down €6,505 (-8.8%), from €73,682 to €67,177
- Financial income -€16,096
down €16,096 (-100.0%), from €16,096 to €0
- Gross operating margin +€13,221
up €13,221 (+9.3%), from €142,869 to €156,090
- Taxes +€6,262
up €6,262 (+31.0%), from €20,221 to €26,483
- Financial charges -€3,568
down €3,568 (-29.0%), from €12,319 to €8,751
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 | €594,631 | €395,105 | -€199,526 | -33.6% |
| Fixed assets | 21/28 | €169,021 | €98,748 | -€70,273 | -41.6% |
| Intangible fixed assets | 21 | - | €4,959 | +€4,959 | |
| Tangible fixed assets | 22/27 | €152,021 | €93,789 | -€58,232 | -38.3% |
| Land and buildings | 22 | €12,547 | €10,529 | -€2,018 | -16.1% |
| Plant, machinery and equipment | 23 | €7,751 | €5,545 | -€2,205 | -28.5% |
| Furniture and vehicles | 24 | €129,055 | €75,568 | -€53,487 | -41.4% |
| Other tangible fixed assets | 26 | €2,669 | €2,146 | -€523 | -19.6% |
| Financial fixed assets | 28 | €17,001 | €1 | -€17,000 | -100.0% |
| Current assets | 29/58 | €425,610 | €296,357 | -€129,253 | -30.4% |
| Amounts receivable within one year | 40/41 | €98,768 | €38,853 | -€59,915 | -60.7% |
| Trade receivables | 40 | €96,268 | €31,535 | -€64,733 | -67.2% |
| Other amounts receivable | 41 | €2,500 | €7,318 | +€4,818 | +192.7% |
| Cash at bank and in hand | 54/58 | €323,249 | €251,566 | -€71,683 | -22.2% |
| Deferred charges and accrued income | 490/1 | €3,593 | €5,937 | +€2,344 | +65.3% |
| Total equity and liabilities | 10/49 | €594,631 | €395,105 | -€199,526 | -33.6% |
| Equity | 10/15 | €18,600 | €18,600 | = | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €576,031 | €376,505 | -€199,526 | -34.6% |
| Amounts payable after more than one year | 17 | €466,862 | €286,570 | -€180,293 | -38.6% |
| Other amounts payable | 178/9 | €466,862 | €286,570 | -€180,293 | -38.6% |
| Amounts payable within one year | 42/48 | €109,169 | €89,935 | -€19,234 | -17.6% |
| Financial debts | 43 | €331 | €1,087 | +€756 | +228.2% |
| Credit institutions | 430/8 | €331 | €1,087 | +€756 | +228.2% |
| Trade debts | 44 | €4,975 | €15 | -€4,960 | -99.7% |
| Suppliers | 440/4 | €4,975 | €15 | -€4,960 | -99.7% |
| Taxes, remuneration and social security | 45 | €30,180 | €21,655 | -€8,524 | -28.2% |
| Taxes | 450/3 | €30,180 | €21,655 | -€8,524 | -28.2% |
| Other amounts payable | 47/48 | €73,682 | €67,177 | -€6,505 | -8.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €59,663 | €58,361 | -€1,303 | -2.2% |
| Other operating charges | 640/8 | €2,757 | €3,252 | +€496 | +18.0% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €142,869 | €156,090 | +€13,221 | +9.3% |
| Operating profit (loss) | 9901 | €80,449 | €94,477 | +€14,028 | +17.4% |
| Financial income | 75/76B | €16,096 | €0 | -€16,096 | -100.0% |
| Recurring financial income | 75 | €16,096 | €0 | -€16,096 | -100.0% |
| Financial charges | 65/66B | €12,319 | €8,751 | -€3,568 | -29.0% |
| Recurring financial charges | 65 | €12,319 | €8,751 | -€3,568 | -29.0% |
| Profit (loss) for the period before taxes | 9903 | €84,226 | €85,726 | +€1,500 | +1.8% |
| Income taxes | 67/77 | €20,221 | €26,483 | +€6,262 | +31.0% |
| Profit (loss) for the period | 9904 | €64,005 | €59,243 | -€4,762 | -7.4% |
| Profit (loss) for the period to be appropriated | 9905 | €64,005 | €59,243 | -€4,762 | -7.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.