ANTLET: 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.
ANTLET
Largest movements
- Receivables within one year +€20,705
up €20,705 (+5505.8%), from €376 to €21,081
of which Other amounts receivable: +€20,441
- Tangible fixed assets -€5,742
down €5,742 (-8.9%), from €64,380 to €58,638
- Cash -€2,326
down €2,326 (-27.7%), from €8,412 to €6,086
mainly Other debts (-€168,186) and Receivables within one year (-€20,705)
- Other debts -€168,186
no longer reported in 2026 (was €168,186)
- Profit (loss) carried forward +€156,463
up €156,463 (+63.6%), from -€245,982 to -€89,519
- Trade debts +€15,219
up €15,219 (+49.0%), from €31,034 to €46,253
- Tax, wage and social debts +€9,140
up €9,140 (+14.9%), from €61,230 to €70,370
of which Taxes: +€7,801
- Gross operating margin +€226,996
up €226,996 (+44.4%), from €511,818 to €738,814
- Staff costs -€48,931
down €48,931 (-8.0%), from €611,686 to €562,756
- Financial income +€34,979
up €34,979 (+8509.0%), from €411 to €35,390
of which Non-recurring financial income: +€35,390
- Taxes +€12,020
new in 2026: €12,020
- Financial charges +€8,572
up €8,572 (+198.2%), from €4,326 to €12,897
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €73,169 | €85,806 | +€12,637 | +17.3% |
| Fixed assets | 21/28 | €64,380 | €58,638 | -€5,742 | -8.9% |
| Tangible fixed assets | 22/27 | €64,380 | €58,638 | -€5,742 | -8.9% |
| Plant, machinery and equipment | 23 | €64,380 | €58,638 | -€5,742 | -8.9% |
| Current assets | 29/58 | €8,788 | €27,167 | +€18,379 | +209.1% |
| Amounts receivable within one year | 40/41 | €376 | €21,081 | +€20,705 | +5505.8% |
| Trade receivables | 40 | - | €264 | +€264 | |
| Other amounts receivable | 41 | €376 | €20,817 | +€20,441 | +5435.6% |
| Cash at bank and in hand | 54/58 | €8,412 | €6,086 | -€2,326 | -27.7% |
| Total equity and liabilities | 10/49 | €73,169 | €85,806 | +€12,637 | +17.3% |
| Equity | 10/15 | -€187,281 | -€30,817 | +€156,463 | +83.5% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €8,701 | €8,701 | = | 0.0% |
| Non-distributable reserves | 130/1 | €5,000 | €5,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,000 | €5,000 | = | 0.0% |
| Distributable reserves | 133 | €3,701 | €3,701 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€245,982 | -€89,519 | +€156,463 | +63.6% |
| Amounts payable | 17/49 | €260,450 | €116,623 | -€143,827 | -55.2% |
| Amounts payable within one year | 42/48 | €260,450 | €116,623 | -€143,827 | -55.2% |
| Trade debts | 44 | €31,034 | €46,253 | +€15,219 | +49.0% |
| Suppliers | 440/4 | €31,034 | €46,253 | +€15,219 | +49.0% |
| Taxes, remuneration and social security | 45 | €61,230 | €70,370 | +€9,140 | +14.9% |
| Taxes | 450/3 | €9,963 | €17,765 | +€7,801 | +78.3% |
| Remuneration and social security | 454/9 | €51,266 | €52,605 | +€1,339 | +2.6% |
| Other amounts payable | 47/48 | €168,186 | - | -€168,186 | |
| Non-recurring operating income | 76A | €29,496 | - | -€29,496 | |
| Remuneration, social security and pensions | 62 | €611,686 | €562,756 | -€48,931 | -8.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,152 | €17,113 | +€7,960 | +87.0% |
| Other operating charges | 640/8 | €1,284 | €1,189 | -€96 | -7.4% |
| Non-recurring operating charges | 66A | - | €11,766 | +€11,766 | |
| Gross operating margin | 9900 | €511,818 | €738,814 | +€226,996 | +44.4% |
| Operating profit (loss) | 9901 | -€110,305 | €145,991 | +€256,296 | |
| Financial income | 75/76B | €411 | €35,390 | +€34,979 | +8509.0% |
| Recurring financial income | 75 | €411 | €35,390 | +€34,979 | +8509.0% |
| Non-recurring financial income | 76B | - | €35,390 | +€35,390 | |
| Financial charges | 65/66B | €4,326 | €12,897 | +€8,572 | +198.2% |
| Recurring financial charges | 65 | €4,326 | €12,897 | +€8,572 | +198.2% |
| Profit (loss) for the period before taxes | 9903 | -€114,219 | €168,484 | +€282,703 | |
| Income taxes | 67/77 | - | €12,020 | +€12,020 | |
| Profit (loss) for the period | 9904 | -€114,219 | €156,463 | +€270,683 | |
| Profit (loss) for the period to be appropriated | 9905 | -€114,219 | €156,463 | +€270,683 |
Source: filed annual accounts (NBB), fiscal years ended 31 January 2025 and 31 January 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.