ANTL: 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.
ANTL
Largest movements
- Cash +€118,790
up €118,790 (+3,960%), from €3,000 to €121,790
mainly Trade debts (+€106,153) and Net result for the year (+€43,743)
- Tangible fixed assets +€48,354
new in 2025: €48,354
of which Other tangible fixed assets: +€46,113
- Receivables within one year +€3,576
new in 2025: €3,576
- Trade debts +€106,153
new in 2025: €106,153
- Profit (loss) carried forward +€43,743
new in 2025: €43,743
- Tax, wage and social debts +€16,263
new in 2025: €16,263
of which Taxes: +€11,000
- Other debts +€4,562
new in 2025: €4,562
- Gross operating margin +€83,738
new in 2025: €83,738
- Staff costs +€18,896
new in 2025: €18,896
- Taxes +€11,000
new in 2025: €11,000
- Depreciation +€9,196
new in 2025: €9,196
From the 2024 result to the 2025 result
The net result is not in both sets of accounts; without it the difference cannot be explained line by line.
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 | €3,000 | €173,721 | +€170,721 | +5,691% |
| Fixed assets | 21/28 | - | €48,354 | +€48,354 | |
| Tangible fixed assets | 22/27 | - | €48,354 | +€48,354 | |
| Furniture and vehicles | 24 | - | €2,242 | +€2,242 | |
| Other tangible fixed assets | 26 | - | €46,113 | +€46,113 | |
| Current assets | 29/58 | €3,000 | €125,367 | +€122,367 | +4,079% |
| Amounts receivable within one year | 40/41 | - | €3,576 | +€3,576 | |
| Other amounts receivable | 41 | - | €3,576 | +€3,576 | |
| Cash at bank and in hand | 54/58 | €3,000 | €121,790 | +€118,790 | +3,960% |
| Total equity and liabilities | 10/49 | €3,000 | €173,721 | +€170,721 | +5,691% |
| Equity | 10/15 | €3,000 | €46,743 | +€43,743 | +1,458% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Capital | 10 | €3,000 | €3,000 | = | 0.0% |
| Issued capital | 100 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €43,743 | +€43,743 | |
| Amounts payable | 17/49 | - | €126,978 | +€126,978 | |
| Amounts payable within one year | 42/48 | - | €126,978 | +€126,978 | |
| Trade debts | 44 | - | €106,153 | +€106,153 | |
| Suppliers | 440/4 | - | €106,153 | +€106,153 | |
| Taxes, remuneration and social security | 45 | - | €16,263 | +€16,263 | |
| Taxes | 450/3 | - | €11,000 | +€11,000 | |
| Remuneration and social security | 454/9 | - | €5,263 | +€5,263 | |
| Other amounts payable | 47/48 | - | €4,562 | +€4,562 | |
| Remuneration, social security and pensions | 62 | - | €18,896 | +€18,896 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €9,196 | +€9,196 | |
| Other operating charges | 640/8 | - | €425 | +€425 | |
| Gross operating margin | 9900 | - | €83,738 | +€83,738 | |
| Operating profit (loss) | 9901 | - | €55,221 | +€55,221 | |
| Financial charges | 65/66B | - | €478 | +€478 | |
| Recurring financial charges | 65 | - | €478 | +€478 | |
| Profit (loss) for the period before taxes | 9903 | - | €54,743 | +€54,743 | |
| Income taxes | 67/77 | - | €11,000 | +€11,000 | |
| Profit (loss) for the period | 9904 | - | €43,743 | +€43,743 | |
| Profit (loss) for the period to be appropriated | 9905 | - | €43,743 | +€43,743 |
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 14 October 2026 via checked.be.