Antheco: what changed
What changed
Antheco
NACE 47.110, Non-specialised retail sale with food, beverages or tobacco predominating
filed annual accounts (NBB)
Net result for the year
-€137,381
2024 · €66,106-€203,486
Equity
€265,015
2024 · €402,396-€137,381
Cash
€403,351
2024 · €207,640+€195,711
Balance sheet total
€3.2m
2024 · €1.3m+€1.9m
Largest movements
Assets
- Tangible fixed assets +€1.5m
up €1.5m (+532%), from €285,048 to €1.8m
of which Land and buildings: +€884,007
- Cash +€195,711
up €195,711 (+94.3%), from €207,640 to €403,351
mainly Debts after one year (+€1.7m) and Trade debts (+€522,701)
- Formation expenses +€155,025
up €155,025 (+502%), from €30,863 to €185,889
- Receivables within one year +€55,366
up €55,366 (+23.3%), from €237,988 to €293,355
of which Trade receivables: +€34,443
Equity and liabilities
- Debts after one year +€1.7m
up €1.7m (+3,133%), from €52,928 to €1.7m
of which Financial debts: +€1.7m
- Trade debts +€522,701
up €522,701 (+98.2%), from €532,367 to €1.1m
- Profit (loss) carried forward -€137,381
down €137,381, from €125,265 to -€12,116
- Other debts -€51,667
down €51,667 (-83.0%), from €62,221 to €10,553
- Current portion of long-term debt -€38,259
down €38,259 (-51.9%), from €73,729 to €35,470
Income statement
- Gross operating margin -€111,523
down €111,523 (-13.2%), from €844,714 to €733,191
- Staff costs +€58,395
up €58,395 (+10.0%), from €584,918 to €643,313
- Depreciation +€50,218
up €50,218 (+70.2%), from €71,512 to €121,730
- Taxes -€21,293
down €21,293 (-97.1%), from €21,931 to €639
- Other operating charges -€21,004
down €21,004 (-29.6%), from €70,986 to €49,982
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.
Result 2024
€66,106
Gross operating margin
-€111,523
Staff costs
-€58,395
Depreciation
-€50,218
Other operating charges
+€21,004
Other operating items
+€681
Financial income
-€6,565
Financial charges
-€19,763
Taxes
+€21,293
Result 2025
-€137,381
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€371,730
Investment
-€1.8m
Financing
+€1.6m
Cash 2024
€207,640
From operations (derived)
+€371,730
Net result for the year
-€137,381
Depreciation
+€121,730
Stocks and contracts
-€11,680
Receivables within one year
-€55,366
Deferred charges and accrued income
-€7,061
Trade debts
+€522,701
Tax, wage and social debts
-€9,001
Other debts
-€51,667
Accrued charges and deferred income
-€545
Investment (derived)
-€1.8m
Investment in fixed assets (net)
-€1.8m
Financing
+€1.6m
Debts after one year
+€1.7m
Current portion of long-term debt
-€38,259
Short-term financial debts
-€3,658
Cash 2025
€403,351
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,251,461 | €3,191,900 | +€1.9m | +155% |
| Formation expenses | 20 | €30,863 | €185,889 | +€155,025 | +502% |
| Fixed assets | 21/28 | €296,244 | €1,811,840 | +€1.5m | +512% |
| Tangible fixed assets | 22/27 | €285,048 | €1,800,644 | +€1.5m | +532% |
| Land and buildings | 22 | €150,908 | €1,034,915 | +€884,007 | +586% |
| Plant, machinery and equipment | 23 | €102,721 | €626,396 | +€523,674 | +510% |
| Furniture and vehicles | 24 | €31,419 | €139,333 | +€107,915 | +343% |
| Financial fixed assets | 28 | €11,196 | €11,196 | = | 0.0% |
| Current assets | 29/58 | €924,354 | €1,194,172 | +€269,818 | +29.2% |
| Stocks and contracts in progress | 3 | €458,493 | €470,173 | +€11,680 | +2.5% |
| Stocks | 30/36 | €458,493 | €470,173 | +€11,680 | +2.5% |
| Amounts receivable within one year | 40/41 | €237,988 | €293,355 | +€55,366 | +23.3% |
| Trade receivables | 40 | €113,965 | €148,408 | +€34,443 | +30.2% |
| Other amounts receivable | 41 | €124,023 | €144,946 | +€20,923 | +16.9% |
| Cash at bank and in hand | 54/58 | €207,640 | €403,351 | +€195,711 | +94.3% |
| Deferred charges and accrued income | 490/1 | €20,232 | €27,293 | +€7,061 | +34.9% |
| Total equity and liabilities | 10/49 | €1,251,461 | €3,191,900 | +€1.9m | +155% |
| Equity | 10/15 | €402,396 | €265,015 | -€137,381 | -34.1% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €177,131 | €177,131 | = | 0.0% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Legal reserve | 130 | €10,000 | €10,000 | = | 0.0% |
| Distributable reserves | 133 | €167,131 | €167,131 | = | 0.0% |
| Profit (loss) carried forward | 14 | €125,265 | -€12,116 | -€137,381 | |
| Amounts payable | 17/49 | €849,065 | €2,926,885 | +€2.1m | +245% |
| Amounts payable after more than one year | 17 | €52,928 | €1,711,177 | +€1.7m | +3,133% |
| Financial debts | 170/4 | €49,128 | €1,707,377 | +€1.7m | +3,375% |
| Other amounts payable | 178/9 | €3,800 | €3,800 | = | 0.0% |
| Amounts payable within one year | 42/48 | €794,854 | €1,214,970 | +€420,115 | +52.9% |
| Current portion of amounts payable after more than one year | 42 | €73,729 | €35,470 | -€38,259 | -51.9% |
| Financial debts | 43 | €44,012 | €40,354 | -€3,658 | -8.3% |
| Credit institutions | 430/8 | €44,012 | €40,354 | -€3,658 | -8.3% |
| Trade debts | 44 | €532,367 | €1,055,068 | +€522,701 | +98.2% |
| Suppliers | 440/4 | €532,367 | €1,055,068 | +€522,701 | +98.2% |
| Taxes, remuneration and social security | 45 | €82,525 | €73,525 | -€9,001 | -10.9% |
| Taxes | 450/3 | €21,931 | €638 | -€21,293 | -97.1% |
| Remuneration and social security | 454/9 | €60,594 | €72,886 | +€12,292 | +20.3% |
| Other amounts payable | 47/48 | €62,221 | €10,553 | -€51,667 | -83.0% |
| Accrued charges and deferred income | 492/3 | €1,283 | €738 | -€545 | -42.5% |
| Non-recurring operating income | 76A | - | €6,896 | +€6,896 | |
| Remuneration, social security and pensions | 62 | €584,918 | €643,313 | +€58,395 | +10.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €71,512 | €121,730 | +€50,218 | +70.2% |
| Other operating charges | 640/8 | €70,986 | €49,982 | -€21,004 | -29.6% |
| Non-recurring operating charges | 66A | €2,557 | €1,876 | -€681 | -26.6% |
| Gross operating margin | 9900 | €844,714 | €733,191 | -€111,523 | -13.2% |
| Operating profit (loss) | 9901 | €114,741 | -€83,709 | -€198,451 | |
| Financial income | 75/76B | €25,853 | €19,288 | -€6,565 | -25.4% |
| Recurring financial income | 75 | €25,853 | €18,792 | -€7,061 | -27.3% |
| Non-recurring financial income | 76B | - | €496 | +€496 | |
| Financial charges | 65/66B | €52,557 | €72,321 | +€19,763 | +37.6% |
| Recurring financial charges | 65 | €44,969 | €65,812 | +€20,843 | +46.4% |
| Non-recurring financial charges | 66B | €7,589 | €6,509 | -€1,080 | -14.2% |
| Profit (loss) for the period before taxes | 9903 | €88,037 | -€136,742 | -€224,779 | |
| Income taxes | 67/77 | €21,931 | €639 | -€21,293 | -97.1% |
| Profit (loss) for the period | 9904 | €66,106 | -€137,381 | -€203,486 | |
| Profit (loss) for the period to be appropriated | 9905 | €66,106 | -€137,381 | -€203,486 |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.