Antonio: 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.
Antonio
Largest movements
- Receivables within one year +€38,641
up €38,641 (+1078.3%), from €3,584 to €42,225
of which Trade receivables: +€42,225
- Tangible fixed assets -€18,079
down €18,079 (-26.6%), from €67,918 to €49,839
- Tax, wage and social debts +€9,123
up €9,123 (+133.2%), from €6,847 to €15,969
of which Taxes: +€6,123
- Other debts +€6,948
up €6,948 (+23.4%), from €29,741 to €36,689
- Profit (loss) carried forward +€4,028
up €4,028 (+15.9%), from €25,372 to €29,400
- Gross operating margin -€38,423
down €38,423 (-61.1%), from €62,890 to €24,467
- Depreciation +€13,682
up €13,682 (+311.2%), from €4,396 to €18,079
- Taxes -€5,537
down €5,537 (-81.6%), from €6,781 to €1,245
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 | €75,622 | €96,552 | +€20,930 | +27.7% |
| Fixed assets | 21/28 | €67,928 | €49,849 | -€18,079 | -26.6% |
| Tangible fixed assets | 22/27 | €67,918 | €49,839 | -€18,079 | -26.6% |
| Furniture and vehicles | 24 | €67,918 | €49,839 | -€18,079 | -26.6% |
| Financial fixed assets | 28 | €10 | €10 | = | 0.0% |
| Current assets | 29/58 | €7,694 | €46,703 | +€39,009 | +507.0% |
| Amounts receivable within one year | 40/41 | €3,584 | €42,225 | +€38,641 | +1078.3% |
| Trade receivables | 40 | - | €42,225 | +€42,225 | |
| Other amounts receivable | 41 | €3,584 | - | -€3,584 | |
| Cash at bank and in hand | 54/58 | €2,515 | €2,808 | +€294 | +11.7% |
| Deferred charges and accrued income | 490/1 | €1,596 | €1,669 | +€73 | +4.6% |
| Total equity and liabilities | 10/49 | €75,622 | €96,552 | +€20,930 | +27.7% |
| Equity | 10/15 | €30,572 | €34,600 | +€4,028 | +13.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €200 | €200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €200 | €200 | = | 0.0% |
| Reserves not available under the articles | 1311 | €200 | €200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €25,372 | €29,400 | +€4,028 | +15.9% |
| Amounts payable | 17/49 | €45,050 | €61,952 | +€16,902 | +37.5% |
| Amounts payable after more than one year | 17 | €5,000 | €5,000 | = | 0.0% |
| Financial debts | 170/4 | €5,000 | €5,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €38,149 | €54,697 | +€16,548 | +43.4% |
| Trade debts | 44 | €1,561 | €2,039 | +€478 | +30.6% |
| Suppliers | 440/4 | €1,561 | €2,039 | +€478 | +30.6% |
| Taxes, remuneration and social security | 45 | €6,847 | €15,969 | +€9,123 | +133.2% |
| Taxes | 450/3 | €6,847 | €12,969 | +€6,123 | +89.4% |
| Remuneration and social security | 454/9 | - | €3,000 | +€3,000 | |
| Other amounts payable | 47/48 | €29,741 | €36,689 | +€6,948 | +23.4% |
| Accrued charges and deferred income | 492/3 | €1,901 | €2,255 | +€354 | +18.6% |
| Non-recurring operating income | 76A | €5,930 | - | -€5,930 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,396 | €18,079 | +€13,682 | +311.2% |
| Other operating charges | 640/8 | €723 | €717 | -€6 | -0.8% |
| Gross operating margin | 9900 | €62,890 | €24,467 | -€38,423 | -61.1% |
| Operating profit (loss) | 9901 | €57,771 | €5,671 | -€52,100 | -90.2% |
| Financial charges | 65/66B | €463 | €398 | -€65 | -14.1% |
| Recurring financial charges | 65 | €463 | €398 | -€65 | -14.1% |
| Profit (loss) for the period before taxes | 9903 | €57,307 | €5,273 | -€52,034 | -90.8% |
| Income taxes | 67/77 | €6,781 | €1,245 | -€5,537 | -81.6% |
| Profit (loss) for the period | 9904 | €50,526 | €4,028 | -€46,498 | -92.0% |
| Profit (loss) for the period to be appropriated | 9905 | €50,526 | €4,028 | -€46,498 | -92.0% |
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 30 September 2026 via checked.be.