ANTOLO: 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.
ANTOLO
Largest movements
- Tangible fixed assets -€19,617
down €19,617 (-2.8%), from €692,587 to €672,970
- Cash -€9,790
down €9,790 (-31.3%), from €31,247 to €21,457
mainly Debts after one year (-€20,684) and Deferred charges and accrued income (-€5,046)
- Debts after one year -€20,684
down €20,684 (-3.1%), from €664,036 to €643,353
- Gross operating margin +€27,876
up €27,876 (+158.3%), from €17,612 to €45,487
- Financial charges +€12,907
up €12,907 (+127.0%), from €10,165 to €23,072
- Depreciation +€10,901
up €10,901 (+125.1%), from €8,716 to €19,617
- Other operating charges +€3,681
up €3,681 (+272.4%), from €1,352 to €5,033
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 | €724,902 | €700,542 | -€24,361 | -3.4% |
| Fixed assets | 21/28 | €692,587 | €672,970 | -€19,617 | -2.8% |
| Tangible fixed assets | 22/27 | €692,587 | €672,970 | -€19,617 | -2.8% |
| Land and buildings | 22 | €692,587 | €672,970 | -€19,617 | -2.8% |
| Current assets | 29/58 | €32,315 | €27,571 | -€4,744 | -14.7% |
| Cash at bank and in hand | 54/58 | €31,247 | €21,457 | -€9,790 | -31.3% |
| Deferred charges and accrued income | 490/1 | €1,068 | €6,114 | +€5,046 | +472.6% |
| Total equity and liabilities | 10/49 | €724,902 | €700,542 | -€24,361 | -3.4% |
| Equity | 10/15 | €23,379 | €21,145 | -€2,234 | -9.6% |
| Contributions | 10/11 | €26,000 | €26,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,621 | -€4,855 | -€2,234 | -85.2% |
| Amounts payable | 17/49 | €701,523 | €679,396 | -€22,127 | -3.2% |
| Amounts payable after more than one year | 17 | €664,036 | €643,353 | -€20,684 | -3.1% |
| Financial debts | 170/4 | €664,036 | €643,353 | -€20,684 | -3.1% |
| Amounts payable within one year | 42/48 | €34,009 | €31,446 | -€2,563 | -7.5% |
| Current portion of amounts payable after more than one year | 42 | €19,898 | €20,684 | +€786 | +3.9% |
| Trade debts | 44 | €3,757 | €408 | -€3,349 | -89.1% |
| Suppliers | 440/4 | €3,757 | €408 | -€3,349 | -89.1% |
| Other amounts payable | 47/48 | €10,354 | €10,354 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €3,478 | €4,598 | +€1,120 | +32.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,716 | €19,617 | +€10,901 | +125.1% |
| Other operating charges | 640/8 | €1,352 | €5,033 | +€3,681 | +272.4% |
| Gross operating margin | 9900 | €17,612 | €45,487 | +€27,876 | +158.3% |
| Operating profit (loss) | 9901 | €7,544 | €20,838 | +€13,294 | +176.2% |
| Financial charges | 65/66B | €10,165 | €23,072 | +€12,907 | +127.0% |
| Recurring financial charges | 65 | €10,165 | €23,072 | +€12,907 | +127.0% |
| Profit (loss) for the period before taxes | 9903 | -€2,621 | -€2,234 | +€387 | +14.8% |
| Profit (loss) for the period | 9904 | -€2,621 | -€2,234 | +€387 | +14.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,621 | -€2,234 | +€387 | +14.8% |
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 5 October 2026 via checked.be.