ANTON ARTS: 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.
ANTON ARTS
Largest movements
- Tangible fixed assets -€23,463
down €23,463 (-14.7%), from €159,961 to €136,497
- Cash -€8,528
down €8,528 (-26.5%), from €32,231 to €23,703
mainly Contributions, distributions and other (-€34,005) and Debts after one year (-€22,006)
- Stocks and contracts -€7,613
down €7,613 (-18.5%), from €41,225 to €33,612
- Receivables within one year -€4,334
down €4,334 (-4.1%), from €105,237 to €100,903
of which Other amounts receivable: -€2,712
- Reserves -€34,005
down €34,005 (-28.8%), from €118,025 to €84,020
- Debts after one year -€22,006
down €22,006 (-27.9%), from €78,854 to €56,848
- Other debts +€18,124
up €18,124 (+403%), from €4,497 to €22,621
- Trade debts -€9,686
down €9,686 (-18.0%), from €53,883 to €44,197
- Gross operating margin -€12,367
down €12,367 (-29.2%), from €42,412 to €30,045
- Depreciation -€6,927
down €6,927 (-22.8%), from €30,391 to €23,463
- Financial charges -€2,062
down €2,062 (-20.3%), from €10,180 to €8,118
- Taxes -€1,229
down €1,229 (-52.1%), from €2,359 to €1,130
- Other operating charges +€698
up €698 (+35.4%), from €1,972 to €2,670
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 | €350,856 | €305,491 | -€45,365 | -12.9% |
| Fixed assets | 21/28 | €159,961 | €136,497 | -€23,463 | -14.7% |
| Tangible fixed assets | 22/27 | €159,961 | €136,497 | -€23,463 | -14.7% |
| Land and buildings | 22 | €107,402 | €97,677 | -€9,725 | -9.1% |
| Plant, machinery and equipment | 23 | €583 | €332 | -€250 | -42.9% |
| Furniture and vehicles | 24 | €11,919 | €7,534 | -€4,385 | -36.8% |
| Leasing and similar rights | 25 | €36,113 | €27,642 | -€8,471 | -23.5% |
| Other tangible fixed assets | 26 | €3,944 | €3,313 | -€632 | -16.0% |
| Current assets | 29/58 | €190,895 | €168,993 | -€21,902 | -11.5% |
| Stocks and contracts in progress | 3 | €41,225 | €33,612 | -€7,613 | -18.5% |
| Stocks | 30/36 | €41,225 | €33,612 | -€7,613 | -18.5% |
| Amounts receivable within one year | 40/41 | €105,237 | €100,903 | -€4,334 | -4.1% |
| Trade receivables | 40 | €102,526 | €100,903 | -€1,623 | -1.6% |
| Other amounts receivable | 41 | €2,712 | - | -€2,712 | |
| Cash at bank and in hand | 54/58 | €32,231 | €23,703 | -€8,528 | -26.5% |
| Deferred charges and accrued income | 490/1 | €12,202 | €10,775 | -€1,426 | -11.7% |
| Total equity and liabilities | 10/49 | €350,856 | €305,491 | -€45,365 | -12.9% |
| Equity | 10/15 | €109,225 | €73,990 | -€35,235 | -32.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €118,025 | €84,020 | -€34,005 | -28.8% |
| Distributable reserves | 133 | €118,025 | €84,020 | -€34,005 | -28.8% |
| Profit (loss) carried forward | 14 | -€15,000 | -€16,230 | -€1,230 | -8.2% |
| Amounts payable | 17/49 | €241,631 | €231,500 | -€10,131 | -4.2% |
| Amounts payable after more than one year | 17 | €78,854 | €56,848 | -€22,006 | -27.9% |
| Financial debts | 170/4 | €78,854 | €56,848 | -€22,006 | -27.9% |
| Amounts payable within one year | 42/48 | €162,777 | €174,653 | +€11,875 | +7.3% |
| Current portion of amounts payable after more than one year | 42 | €96,096 | €97,006 | +€910 | +0.9% |
| Trade debts | 44 | €53,883 | €44,197 | -€9,686 | -18.0% |
| Suppliers | 440/4 | €53,883 | €44,197 | -€9,686 | -18.0% |
| Taxes, remuneration and social security | 45 | €8,302 | €10,829 | +€2,527 | +30.4% |
| Taxes | 450/3 | €8,302 | €10,829 | +€2,527 | +30.4% |
| Other amounts payable | 47/48 | €4,497 | €22,621 | +€18,124 | +403% |
| Non-recurring operating income | 76A | €413 | - | -€413 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,391 | €23,463 | -€6,927 | -22.8% |
| Other operating charges | 640/8 | €1,972 | €2,670 | +€698 | +35.4% |
| Gross operating margin | 9900 | €42,412 | €30,045 | -€12,367 | -29.2% |
| Operating profit (loss) | 9901 | €10,049 | €3,911 | -€6,138 | -61.1% |
| Financial income | 75/76B | €3,804 | €4,107 | +€303 | +8.0% |
| Recurring financial income | 75 | €3,804 | €4,107 | +€303 | +8.0% |
| Financial charges | 65/66B | €10,180 | €8,118 | -€2,062 | -20.3% |
| Recurring financial charges | 65 | €10,180 | €8,118 | -€2,062 | -20.3% |
| Profit (loss) for the period before taxes | 9903 | €3,673 | -€100 | -€3,773 | |
| Income taxes | 67/77 | €2,359 | €1,130 | -€1,229 | -52.1% |
| Profit (loss) for the period | 9904 | €1,314 | -€1,230 | -€2,544 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,314 | -€1,230 | -€2,544 |
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 13 October 2026 via checked.be.