ANTOM BEHEER: 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.
ANTOM BEHEER
Largest movements
- Tangible fixed assets -€394,278
down €394,278 (-4.0%), from €9.7m to €9.4m
of which Land and buildings: -€393,538
- Short-term financial debts -€480,000
down €480,000 (-6.2%), from €7.8m to €7.3m
- Debts after one year -€299,823
down €299,823 (-16.3%), from €1.8m to €1.5m
of which Financial debts: -€299,823
- Profit (loss) carried forward +€266,089
up €266,089 (+51.8%), from €513,687 to €779,776
- Financial charges -€167,211
down €167,211 (-29.9%), from €559,077 to €391,866
- Gross operating margin +€113,583
up €113,583 (+8.6%), from €1.3m to €1.4m
- Taxes +€66,555
up €66,555 (+290.9%), from €22,881 to €89,436
- Other operating charges +€29,382
up €29,382 (+11.9%), from €246,304 to €275,686
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 | €10,652,967 | €10,142,722 | -€510,246 | -4.8% |
| Fixed assets | 21/28 | €9,745,138 | €9,350,860 | -€394,278 | -4.0% |
| Tangible fixed assets | 22/27 | €9,745,138 | €9,350,860 | -€394,278 | -4.0% |
| Land and buildings | 22 | €9,743,479 | €9,349,941 | -€393,538 | -4.0% |
| Furniture and vehicles | 24 | €1,659 | €919 | -€740 | -44.6% |
| Current assets | 29/58 | €907,829 | €791,862 | -€115,967 | -12.8% |
| Amounts receivable within one year | 40/41 | €498,010 | €431,100 | -€66,909 | -13.4% |
| Trade receivables | 40 | €299,351 | €168,568 | -€130,783 | -43.7% |
| Other amounts receivable | 41 | €198,659 | €262,533 | +€63,873 | +32.2% |
| Cash at bank and in hand | 54/58 | €260,003 | €237,060 | -€22,943 | -8.8% |
| Deferred charges and accrued income | 490/1 | €149,817 | €123,702 | -€26,115 | -17.4% |
| Total equity and liabilities | 10/49 | €10,652,967 | €10,142,722 | -€510,246 | -4.8% |
| Equity | 10/15 | €581,887 | €847,976 | +€266,089 | +45.7% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €513,687 | €779,776 | +€266,089 | +51.8% |
| Amounts payable | 17/49 | €10,071,081 | €9,294,746 | -€776,335 | -7.7% |
| Amounts payable after more than one year | 17 | €1,840,553 | €1,540,730 | -€299,823 | -16.3% |
| Financial debts | 170/4 | €1,840,553 | €1,540,730 | -€299,823 | -16.3% |
| Other amounts payable | 178/9 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €8,017,666 | €7,537,343 | -€480,323 | -6.0% |
| Financial debts | 43 | €7,784,250 | €7,304,250 | -€480,000 | -6.2% |
| Credit institutions | 430/8 | €7,784,250 | €7,304,250 | -€480,000 | -6.2% |
| Trade debts | 44 | €67,524 | €21,154 | -€46,369 | -68.7% |
| Suppliers | 440/4 | €67,524 | €21,154 | -€46,369 | -68.7% |
| Taxes, remuneration and social security | 45 | - | €18,849 | +€18,849 | |
| Taxes | 450/3 | - | €18,849 | +€18,849 | |
| Other amounts payable | 47/48 | €165,893 | €193,090 | +€27,197 | +16.4% |
| Accrued charges and deferred income | 492/3 | €212,861 | €216,673 | +€3,812 | +1.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €413,001 | €416,028 | +€3,028 | +0.7% |
| Other operating charges | 640/8 | €246,304 | €275,686 | +€29,382 | +11.9% |
| Gross operating margin | 9900 | €1,325,522 | €1,439,105 | +€113,583 | +8.6% |
| Operating profit (loss) | 9901 | €666,218 | €747,391 | +€81,173 | +12.2% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100.0% |
| Financial charges | 65/66B | €559,077 | €391,866 | -€167,211 | -29.9% |
| Recurring financial charges | 65 | €559,077 | €391,866 | -€167,211 | -29.9% |
| Profit (loss) for the period before taxes | 9903 | €107,141 | €355,525 | +€248,384 | +231.8% |
| Income taxes | 67/77 | €22,881 | €89,436 | +€66,555 | +290.9% |
| Profit (loss) for the period | 9904 | €84,260 | €266,089 | +€181,829 | +215.8% |
| Profit (loss) for the period to be appropriated | 9905 | €84,260 | €266,089 | +€181,829 | +215.8% |
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 9 October 2026 via checked.be.