ANTHEMION: 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.
ANTHEMION
Largest movements
- Cash +€28,383
up €28,383 (+37.0%), from €76,675 to €105,058
mainly Net result for the year (+€34,311) and Other debts (+€20,416)
- Receivables within one year -€3,858
down €3,858 (-64.7%), from €5,965 to €2,107
of which Trade receivables: -€3,858
- Tangible fixed assets +€3,089
up €3,089 (+92.4%), from €3,343 to €6,432
of which Furniture and vehicles: +€1,749
- Other debts +€20,416
up €20,416 (+348.5%), from €5,859 to €26,275
- Tax, wage and social debts +€9,589
up €9,589 (+46.8%), from €20,500 to €30,089
- Profit (loss) carried forward -€2,689
down €2,689 (-6.6%), from €40,573 to €37,884
- Gross operating margin -€28,046
down €28,046 (-35.3%), from €79,479 to €51,433
- Taxes -€5,568
down €5,568 (-27.0%), from €20,633 to €15,065
- Depreciation -€2,972
down €2,972 (-74.5%), from €3,987 to €1,015
From the 31-03-2025 result to the 31-12-2025 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 31-03-2025 and 31-12-2025 balance sheets and the 31-12-2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 31-03-2025 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €88,324 | €115,290 | +€26,966 | +30.5% |
| Fixed assets | 21/28 | €3,343 | €6,432 | +€3,089 | +92.4% |
| Tangible fixed assets | 22/27 | €3,343 | €6,432 | +€3,089 | +92.4% |
| Furniture and vehicles | 24 | €2,443 | €4,192 | +€1,749 | +71.6% |
| Other tangible fixed assets | 26 | €900 | €2,240 | +€1,340 | +148.8% |
| Current assets | 29/58 | €84,981 | €108,859 | +€23,878 | +28.1% |
| Amounts receivable within one year | 40/41 | €5,965 | €2,107 | -€3,858 | -64.7% |
| Trade receivables | 40 | €3,858 | - | -€3,858 | |
| Other amounts receivable | 41 | €2,107 | €2,107 | +€0 | 0.0% |
| Cash at bank and in hand | 54/58 | €76,675 | €105,058 | +€28,383 | +37.0% |
| Deferred charges and accrued income | 490/1 | €2,341 | €1,693 | -€648 | -27.7% |
| Total equity and liabilities | 10/49 | €88,324 | €115,290 | +€26,966 | +30.5% |
| Equity | 10/15 | €61,033 | €58,344 | -€2,689 | -4.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €40,573 | €37,884 | -€2,689 | -6.6% |
| Amounts payable | 17/49 | €27,291 | €56,946 | +€29,655 | +108.7% |
| Amounts payable within one year | 42/48 | €27,291 | €56,946 | +€29,655 | +108.7% |
| Trade debts | 44 | €932 | €582 | -€350 | -37.5% |
| Suppliers | 440/4 | €932 | €582 | -€350 | -37.5% |
| Taxes, remuneration and social security | 45 | €20,500 | €30,089 | +€9,589 | +46.8% |
| Taxes | 450/3 | €20,500 | €30,089 | +€9,589 | +46.8% |
| Other amounts payable | 47/48 | €5,859 | €26,275 | +€20,416 | +348.5% |
| Non-recurring operating income | 76A | - | €218 | +€218 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,987 | €1,015 | -€2,972 | -74.5% |
| Other operating charges | 640/8 | €661 | €708 | +€47 | +7.2% |
| Non-recurring operating charges | 66A | - | €0 | +€0 | |
| Gross operating margin | 9900 | €79,479 | €51,433 | -€28,046 | -35.3% |
| Operating profit (loss) | 9901 | €74,831 | €49,710 | -€25,121 | -33.6% |
| Financial charges | 65/66B | €452 | €333 | -€119 | -26.3% |
| Recurring financial charges | 65 | €452 | €333 | -€119 | -26.3% |
| Profit (loss) for the period before taxes | 9903 | €74,379 | €49,377 | -€25,002 | -33.6% |
| Income taxes | 67/77 | €20,633 | €15,065 | -€5,568 | -27.0% |
| Profit (loss) for the period | 9904 | €53,746 | €34,311 | -€19,435 | -36.2% |
| Profit (loss) for the period to be appropriated | 9905 | €53,746 | €34,311 | -€19,435 | -36.2% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.