ANTICIPER: 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.
ANTICIPER
Largest movements
- Receivables within one year +€112,568
up €112,568 (+82.8%), from €135,928 to €248,496
- Receivables after one year +€46,234
up €46,234 (+21.6%), from €214,470 to €260,704
- Tangible fixed assets +€29,656
up €29,656 (+27.8%), from €106,766 to €136,421
of which Plant, machinery and equipment: +€16,238
- Cash +€14,696
new in 2025: €14,696
mainly Net result for the year (+€101,639) and Trade debts (+€78,348)
- Deferred charges and accrued income +€9,529
up €9,529 (+75.7%), from €12,584 to €22,114
- Trade debts +€78,348
up €78,348 (+87.6%), from €89,442 to €167,790
- Profit (loss) carried forward +€61,639
up €61,639 (+47.2%), from €130,608 to €192,246
- Debts after one year +€43,430
up €43,430 (+53.8%), from €80,660 to €124,090
- Advances received +€34,848
new in 2025: €34,848
- Short-term financial debts -€7,154
down €7,154 (-54.9%), from €13,033 to €5,879
- Financial charges +€31,411
up €31,411 (+533%), from €5,896 to €37,306
- Gross operating margin +€17,313
up €17,313 (+9.0%), from €191,594 to €208,908
- Depreciation +€13,771
up €13,771 (+99.2%), from €13,888 to €27,659
- Financial income -€8,285
down €8,285 (-53.7%), from €15,430 to €7,145
- Taxes -€5,971
down €5,971 (-21.0%), from €28,466 to €22,494
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 | €470,402 | €683,434 | +€213,032 | +45.3% |
| Fixed assets | 21/28 | €106,766 | €136,421 | +€29,656 | +27.8% |
| Tangible fixed assets | 22/27 | €106,766 | €136,421 | +€29,656 | +27.8% |
| Plant, machinery and equipment | 23 | €3,740 | €19,978 | +€16,238 | +434% |
| Furniture and vehicles | 24 | €97,406 | €112,841 | +€15,435 | +15.8% |
| Other tangible fixed assets | 26 | €5,620 | €3,602 | -€2,017 | -35.9% |
| Current assets | 29/58 | €363,636 | €547,012 | +€183,376 | +50.4% |
| Amounts receivable after more than one year | 29 | €214,470 | €260,704 | +€46,234 | +21.6% |
| Other amounts receivable | 291 | €214,470 | €260,704 | +€46,234 | +21.6% |
| Amounts receivable within one year | 40/41 | €135,928 | €248,496 | +€112,568 | +82.8% |
| Trade receivables | 40 | €135,928 | €248,496 | +€112,568 | +82.8% |
| Current investments | 50/53 | €654 | €1,003 | +€349 | +53.3% |
| Cash at bank and in hand | 54/58 | - | €14,696 | +€14,696 | |
| Deferred charges and accrued income | 490/1 | €12,584 | €22,114 | +€9,529 | +75.7% |
| Total equity and liabilities | 10/49 | €470,402 | €683,434 | +€213,032 | +45.3% |
| Equity | 10/15 | €138,668 | €200,306 | +€61,639 | +44.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €130,608 | €192,246 | +€61,639 | +47.2% |
| Amounts payable | 17/49 | €331,734 | €483,128 | +€151,393 | +45.6% |
| Amounts payable after more than one year | 17 | €80,660 | €124,090 | +€43,430 | +53.8% |
| Financial debts | 170/4 | €80,660 | €124,090 | +€43,430 | +53.8% |
| Amounts payable within one year | 42/48 | €251,074 | €359,037 | +€107,963 | +43.0% |
| Current portion of amounts payable after more than one year | 42 | €38,578 | €43,741 | +€5,164 | +13.4% |
| Financial debts | 43 | €13,033 | €5,879 | -€7,154 | -54.9% |
| Credit institutions | 430/8 | €13,033 | €5,879 | -€7,154 | -54.9% |
| Trade debts | 44 | €89,442 | €167,790 | +€78,348 | +87.6% |
| Suppliers | 440/4 | €89,442 | €167,790 | +€78,348 | +87.6% |
| Advances received on contracts in progress | 46 | - | €34,848 | +€34,848 | |
| Taxes, remuneration and social security | 45 | €45,022 | €46,779 | +€1,758 | +3.9% |
| Taxes | 450/3 | €39,513 | €46,779 | +€7,266 | +18.4% |
| Remuneration and social security | 454/9 | €5,509 | - | -€5,509 | |
| Other amounts payable | 47/48 | €65,000 | €60,000 | -€5,000 | -7.7% |
| Remuneration, social security and pensions | 62 | €21,429 | €21,899 | +€470 | +2.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,888 | €27,659 | +€13,771 | +99.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€1,302 | - | +€1,302 | |
| Other operating charges | 640/8 | €7,271 | €5,055 | -€2,216 | -30.5% |
| Gross operating margin | 9900 | €191,594 | €208,908 | +€17,313 | +9.0% |
| Operating profit (loss) | 9901 | €150,309 | €154,294 | +€3,985 | +2.7% |
| Financial income | 75/76B | €15,430 | €7,145 | -€8,285 | -53.7% |
| Recurring financial income | 75 | €15,430 | €7,145 | -€8,285 | -53.7% |
| Financial charges | 65/66B | €5,896 | €37,306 | +€31,411 | +533% |
| Recurring financial charges | 65 | €5,896 | €37,306 | +€31,411 | +533% |
| Profit (loss) for the period before taxes | 9903 | €159,843 | €124,133 | -€35,710 | -22.3% |
| Income taxes | 67/77 | €28,466 | €22,494 | -€5,971 | -21.0% |
| Profit (loss) for the period | 9904 | €131,377 | €101,639 | -€29,738 | -22.6% |
| Profit (loss) for the period to be appropriated | 9905 | €131,377 | €101,639 | -€29,738 | -22.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.