ANTIQUE-AIR.COM: 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.
ANTIQUE-AIR.COM
Largest movements
- Stocks and contracts +€1.5m
up €1.5m (+140%), from €1.1m to €2.6m
- Receivables within one year -€300,570
down €300,570 (-17.4%), from €1.7m to €1.4m
- Cash -€62,060
down €62,060 (-52.8%), from €117,504 to €55,445
mainly Stocks and contracts (-€1.5m) and Investment in fixed assets (net) (-€48,401)
- Financial fixed assets +€48,401
up €48,401 (+51.8%), from €93,500 to €141,901
- Current portion of long-term debt +€749,489
up €749,489 (+136%), from €550,000 to €1.3m
- Other debts +€492,262
up €492,262 (+20.9%), from €2.4m to €2.9m
- Profit (loss) carried forward -€46,119
down €46,119, from €30,470 to -€15,649
- Gross operating margin +€46,635
up €46,635, from -€38,471 to €8,164
- Other operating charges +€46,256
up €46,256 (+5,014%), from €923 to €47,179
- Financial charges -€8,203
down €8,203 (-38.4%), from €21,383 to €13,180
- Financial income +€1,766
up €1,766 (+41.0%), from €4,310 to €6,077
- Taxes -€1,425
no longer reported in 2025 (was €1,425)
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 | €3,008,198 | €4,188,103 | +€1.2m | +39.2% |
| Fixed assets | 21/28 | €93,500 | €141,901 | +€48,401 | +51.8% |
| Financial fixed assets | 28 | €93,500 | €141,901 | +€48,401 | +51.8% |
| Current assets | 29/58 | €2,914,698 | €4,046,202 | +€1.1m | +38.8% |
| Stocks and contracts in progress | 3 | €1,066,092 | €2,560,065 | +€1.5m | +140% |
| Stocks | 30/36 | €1,066,092 | €2,560,065 | +€1.5m | +140% |
| Amounts receivable within one year | 40/41 | €1,731,102 | €1,430,532 | -€300,570 | -17.4% |
| Other amounts receivable | 41 | €1,731,102 | €1,430,532 | -€300,570 | -17.4% |
| Current investments | 50/53 | €0 | €0 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €117,504 | €55,445 | -€62,060 | -52.8% |
| Deferred charges and accrued income | 490/1 | - | €161 | +€161 | |
| Total equity and liabilities | 10/49 | €3,008,198 | €4,188,103 | +€1.2m | +39.2% |
| Equity | 10/15 | €49,070 | €2,951 | -€46,119 | -94.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €30,470 | -€15,649 | -€46,119 | |
| Amounts payable | 17/49 | €2,959,128 | €4,185,152 | +€1.2m | +41.4% |
| Amounts payable within one year | 42/48 | €2,959,128 | €4,185,152 | +€1.2m | +41.4% |
| Current portion of amounts payable after more than one year | 42 | €550,000 | €1,299,489 | +€749,489 | +136% |
| Trade debts | 44 | €6,287 | €24,744 | +€18,457 | +294% |
| Suppliers | 440/4 | €6,287 | €24,744 | +€18,457 | +294% |
| Taxes, remuneration and social security | 45 | €41,940 | €7,756 | -€34,184 | -81.5% |
| Taxes | 450/3 | €41,940 | €7,756 | -€34,184 | -81.5% |
| Other amounts payable | 47/48 | €2,360,902 | €2,853,164 | +€492,262 | +20.9% |
| Other operating charges | 640/8 | €923 | €47,179 | +€46,256 | +5,014% |
| Gross operating margin | 9900 | -€38,471 | €8,164 | +€46,635 | |
| Operating profit (loss) | 9901 | -€39,394 | -€39,015 | +€379 | +1.0% |
| Financial income | 75/76B | €4,310 | €6,077 | +€1,766 | +41.0% |
| Recurring financial income | 75 | €4,310 | €6,077 | +€1,766 | +41.0% |
| Financial charges | 65/66B | €21,383 | €13,180 | -€8,203 | -38.4% |
| Recurring financial charges | 65 | €21,383 | €13,180 | -€8,203 | -38.4% |
| Profit (loss) for the period before taxes | 9903 | -€56,467 | -€46,119 | +€10,348 | +18.3% |
| Income taxes | 67/77 | €1,425 | - | -€1,425 | |
| Profit (loss) for the period | 9904 | -€57,891 | -€46,119 | +€11,773 | +20.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€57,891 | -€46,119 | +€11,773 | +20.3% |
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 23 October 2026 via checked.be.