ANTHEA SUN: 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 SUN
Largest movements
- Receivables within one year -€143,797
down €143,797 (-49.3%), from €291,615 to €147,819
of which Trade receivables: -€80,335
- Tangible fixed assets -€14,221
down €14,221 (-34.0%), from €41,854 to €27,633
of which Furniture and vehicles: -€13,961
- Profit (loss) carried forward -€152,254
down €152,254 (-74.6%), from -€204,039 to -€356,292
- Other debts +€136,563
up €136,563 (+51.3%), from €266,285 to €402,848
- Trade debts -€126,885
down €126,885 (-62.0%), from €204,794 to €77,910
- Debts after one year -€17,828
down €17,828 (-52.0%), from €34,314 to €16,486
- Gross operating margin +€67,534
up €67,534 (+35.6%), from -€189,704 to -€122,170
- Other operating charges +€5,561
up €5,561 (+65.7%), from €8,461 to €14,022
- Financial charges -€5,235
down €5,235 (-76.8%), from €6,816 to €1,581
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.
Derived cash bridge
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 | €335,336 | €176,172 | -€159,164 | -47.5% |
| Fixed assets | 21/28 | €42,675 | €28,194 | -€14,481 | -33.9% |
| Intangible fixed assets | 21 | €821 | €561 | -€260 | -31.7% |
| Tangible fixed assets | 22/27 | €41,854 | €27,633 | -€14,221 | -34.0% |
| Plant, machinery and equipment | 23 | €712 | €452 | -€260 | -36.5% |
| Furniture and vehicles | 24 | €41,141 | €27,180 | -€13,961 | -33.9% |
| Current assets | 29/58 | €292,661 | €147,978 | -€144,683 | -49.4% |
| Amounts receivable within one year | 40/41 | €291,615 | €147,819 | -€143,797 | -49.3% |
| Trade receivables | 40 | €220,937 | €140,601 | -€80,335 | -36.4% |
| Other amounts receivable | 41 | €70,679 | €7,217 | -€63,462 | -89.8% |
| Cash at bank and in hand | 54/58 | €1,046 | €159 | -€887 | -84.8% |
| Total equity and liabilities | 10/49 | €335,336 | €176,172 | -€159,164 | -47.5% |
| Equity | 10/15 | -€188,039 | -€340,292 | -€152,254 | -81.0% |
| Contributions | 10/11 | €16,000 | €16,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€204,039 | -€356,292 | -€152,254 | -74.6% |
| Amounts payable | 17/49 | €523,375 | €516,464 | -€6,911 | -1.3% |
| Amounts payable after more than one year | 17 | €34,314 | €16,486 | -€17,828 | -52.0% |
| Financial debts | 170/4 | €34,314 | €16,486 | -€17,828 | -52.0% |
| Amounts payable within one year | 42/48 | €488,676 | €499,578 | +€10,902 | +2.2% |
| Current portion of amounts payable after more than one year | 42 | €17,370 | €18,821 | +€1,451 | +8.4% |
| Trade debts | 44 | €204,794 | €77,910 | -€126,885 | -62.0% |
| Suppliers | 440/4 | €204,794 | €77,910 | -€126,885 | -62.0% |
| Taxes, remuneration and social security | 45 | €227 | - | -€227 | |
| Taxes | 450/3 | €227 | - | -€227 | |
| Other amounts payable | 47/48 | €266,285 | €402,848 | +€136,563 | +51.3% |
| Accrued charges and deferred income | 492/3 | €384 | €400 | +€15 | +4.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,750 | €14,481 | -€269 | -1.8% |
| Other operating charges | 640/8 | €8,461 | €14,022 | +€5,561 | +65.7% |
| Gross operating margin | 9900 | -€189,704 | -€122,170 | +€67,534 | +35.6% |
| Operating profit (loss) | 9901 | -€212,914 | -€150,673 | +€62,241 | +29.2% |
| Financial income | 75/76B | €0 | €0 | +€0 | +1,900% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +1,900% |
| Financial charges | 65/66B | €6,816 | €1,581 | -€5,235 | -76.8% |
| Recurring financial charges | 65 | €6,816 | €1,581 | -€5,235 | -76.8% |
| Profit (loss) for the period before taxes | 9903 | -€219,730 | -€152,254 | +€67,477 | +30.7% |
| Profit (loss) for the period | 9904 | -€219,730 | -€152,254 | +€67,477 | +30.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€219,730 | -€152,254 | +€67,477 | +30.7% |
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 21 October 2026 via checked.be.