ANTON DE GREEF: 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.
ANTON DE GREEF
Largest movements
- Cash +€71,187
up €71,187 (+39.8%), from €178,639 to €249,827
mainly Net result for the year (+€92,035) and Tax, wage and social debts (+€16,515)
- Receivables within one year +€30,550
up €30,550 (+906.7%), from €3,369 to €33,919
of which Other amounts receivable: +€17,564
- Reserves +€92,035
up €92,035 (+82.8%), from €111,104 to €203,138
- Tax, wage and social debts +€16,515
up €16,515 (+29.6%), from €55,773 to €72,288
of which Taxes: +€16,560
- Trade debts -€7,211
down €7,211 (-58.2%), from €12,397 to €5,186
- Gross operating margin -€30,751
down €30,751 (-20.6%), from €149,502 to €118,751
- Taxes -€8,695
down €8,695 (-25.8%), from €33,683 to €24,988
- Financial income +€1,689
up €1,689 (+337778.0%), from €1 to €1,689
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 | €185,149 | €285,612 | +€100,463 | +54.3% |
| Fixed assets | 21/28 | €2,376 | €1,867 | -€509 | -21.4% |
| Tangible fixed assets | 22/27 | €2,376 | €1,867 | -€509 | -21.4% |
| Plant, machinery and equipment | 23 | €2,376 | €1,867 | -€509 | -21.4% |
| Current assets | 29/58 | €182,773 | €283,746 | +€100,973 | +55.2% |
| Amounts receivable within one year | 40/41 | €3,369 | €33,919 | +€30,550 | +906.7% |
| Trade receivables | 40 | €2,838 | €15,823 | +€12,985 | +457.6% |
| Other amounts receivable | 41 | €532 | €18,096 | +€17,564 | +3303.8% |
| Cash at bank and in hand | 54/58 | €178,639 | €249,827 | +€71,187 | +39.8% |
| Deferred charges and accrued income | 490/1 | €764 | €0 | -€764 | -100.0% |
| Total equity and liabilities | 10/49 | €185,149 | €285,612 | +€100,463 | +54.3% |
| Equity | 10/15 | €116,104 | €208,138 | +€92,035 | +79.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €111,104 | €203,138 | +€92,035 | +82.8% |
| Distributable reserves | 133 | €111,104 | €203,138 | +€92,035 | +82.8% |
| Amounts payable | 17/49 | €69,045 | €77,474 | +€8,429 | +12.2% |
| Amounts payable within one year | 42/48 | €68,809 | €77,474 | +€8,665 | +12.6% |
| Trade debts | 44 | €12,397 | €5,186 | -€7,211 | -58.2% |
| Suppliers | 440/4 | €12,397 | €5,186 | -€7,211 | -58.2% |
| Taxes, remuneration and social security | 45 | €55,773 | €72,288 | +€16,515 | +29.6% |
| Taxes | 450/3 | €55,678 | €72,238 | +€16,560 | +29.7% |
| Remuneration and social security | 454/9 | €95 | €50 | -€45 | -47.5% |
| Other amounts payable | 47/48 | €639 | €0 | -€639 | -100.0% |
| Accrued charges and deferred income | 492/3 | €236 | €0 | -€236 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €170 | €509 | +€339 | +199.2% |
| Other operating charges | 640/8 | €2,986 | €2,279 | -€707 | -23.7% |
| Gross operating margin | 9900 | €149,502 | €118,751 | -€30,751 | -20.6% |
| Operating profit (loss) | 9901 | €146,346 | €115,963 | -€30,383 | -20.8% |
| Financial income | 75/76B | €1 | €1,689 | +€1,689 | +337778.0% |
| Recurring financial income | 75 | €1 | €1,689 | +€1,689 | +337778.0% |
| Financial charges | 65/66B | €1,560 | €629 | -€931 | -59.7% |
| Recurring financial charges | 65 | €1,560 | €629 | -€931 | -59.7% |
| Profit (loss) for the period before taxes | 9903 | €144,786 | €117,023 | -€27,763 | -19.2% |
| Income taxes | 67/77 | €33,683 | €24,988 | -€8,695 | -25.8% |
| Profit (loss) for the period | 9904 | €111,104 | €92,035 | -€19,069 | -17.2% |
| Profit (loss) for the period to be appropriated | 9905 | €111,104 | €92,035 | -€19,069 | -17.2% |
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.