ANTHONY - IMMO: what changed
Two fiscal 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.
ANTHONY - IMMO
Largest movements
- Tangible fixed assets +€245,850
up €245,850 (+98.0%), from €250,990 to €496,840
- Receivables within one year -€89,355
down €89,355 (-12.0%), from €743,110 to €653,755
- Intangible fixed assets -€29,824
down €29,824 (-33.3%), from €89,472 to €59,648
- Debts after one year +€124,791
up €124,791 (+106.6%), from €117,040 to €241,831
- Profit (loss) carried forward +€38,300
up €38,300 (+33.7%), from €113,498 to €151,798
- Current portion of long-term debt -€14,082
down €14,082 (-37.4%), from €37,653 to €23,571
- Gross operating margin +€13,567
up €13,567 (+15.9%), from €85,340 to €98,907
- Depreciation +€10,602
up €10,602 (+22.1%), from €47,961 to €58,563
- Financial charges +€5,993
up €5,993 (+125.0%), from €4,795 to €10,788
- Other operating charges +€1,838
up €1,838 (+38.9%), from €4,727 to €6,565
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 | €1,087,018 | €1,216,048 | +€129,030 | +11.9% |
| Fixed assets | 21/28 | €340,462 | €556,488 | +€216,026 | +63.5% |
| Intangible fixed assets | 21 | €89,472 | €59,648 | -€29,824 | -33.3% |
| Tangible fixed assets | 22/27 | €250,990 | €496,840 | +€245,850 | +98.0% |
| Land and buildings | 22 | €250,990 | €496,840 | +€245,850 | +98.0% |
| Current assets | 29/58 | €746,556 | €659,560 | -€86,996 | -11.7% |
| Amounts receivable within one year | 40/41 | €743,110 | €653,755 | -€89,355 | -12.0% |
| Other amounts receivable | 41 | €743,110 | €653,755 | -€89,355 | -12.0% |
| Cash at bank and in hand | 54/58 | €3,103 | €4,008 | +€905 | +29.2% |
| Deferred charges and accrued income | 490/1 | €343 | €1,797 | +€1,454 | +423.9% |
| Total equity and liabilities | 10/49 | €1,087,018 | €1,216,048 | +€129,030 | +11.9% |
| Equity | 10/15 | €749,633 | €776,451 | +€26,818 | +3.6% |
| Contributions | 10/11 | €123,500 | €123,500 | = | 0.0% |
| Capital | 10 | €123,500 | €123,500 | = | 0.0% |
| Issued capital | 100 | €123,500 | €123,500 | = | 0.0% |
| Reserves | 13 | €512,635 | €501,153 | -€11,482 | -2.2% |
| Non-distributable reserves | 130/1 | €12,350 | €12,350 | = | 0.0% |
| Legal reserve | 130 | €12,350 | €12,350 | = | 0.0% |
| Tax-exempt reserves | 132 | €500,285 | €488,803 | -€11,482 | -2.3% |
| Profit (loss) carried forward | 14 | €113,498 | €151,798 | +€38,300 | +33.7% |
| Provisions and deferred taxes | 16 | €166,762 | €162,934 | -€3,828 | -2.3% |
| Deferred taxes | 168 | €166,762 | €162,934 | -€3,828 | -2.3% |
| Amounts payable | 17/49 | €170,623 | €276,663 | +€106,040 | +62.1% |
| Amounts payable after more than one year | 17 | €117,040 | €241,831 | +€124,791 | +106.6% |
| Financial debts | 170/4 | €117,040 | €241,831 | +€124,791 | +106.6% |
| Amounts payable within one year | 42/48 | €48,689 | €29,737 | -€18,952 | -38.9% |
| Current portion of amounts payable after more than one year | 42 | €37,653 | €23,571 | -€14,082 | -37.4% |
| Trade debts | 44 | €11,036 | €6,166 | -€4,870 | -44.1% |
| Suppliers | 440/4 | €11,036 | €6,166 | -€4,870 | -44.1% |
| Accrued charges and deferred income | 492/3 | €4,894 | €5,095 | +€201 | +4.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,961 | €58,563 | +€10,602 | +22.1% |
| Other operating charges | 640/8 | €4,727 | €6,565 | +€1,838 | +38.9% |
| Gross operating margin | 9900 | €85,340 | €98,907 | +€13,567 | +15.9% |
| Operating profit (loss) | 9901 | €32,652 | €33,779 | +€1,127 | +3.5% |
| Financial charges | 65/66B | €4,795 | €10,788 | +€5,993 | +125.0% |
| Recurring financial charges | 65 | €4,795 | €10,788 | +€5,993 | +125.0% |
| Profit (loss) for the period before taxes | 9903 | €27,857 | €22,991 | -€4,866 | -17.5% |
| Transfer from deferred taxes | 780 | €2,496 | €3,827 | +€1,331 | +53.3% |
| Profit (loss) for the period | 9904 | €30,353 | €26,818 | -€3,535 | -11.6% |
| Transfer from tax-exempt reserves | 789 | €7,490 | €11,482 | +€3,992 | +53.3% |
| Profit (loss) for the period to be appropriated | 9905 | €37,843 | €38,300 | +€457 | +1.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.