ANTONIO: 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.
ANTONIO
Largest movements
- Receivables within one year +€3,844
up €3,844 (+172.8%), from €2,225 to €6,069
- Tangible fixed assets +€3,014
up €3,014 (+1744.2%), from €173 to €3,186
of which Furniture and vehicles: +€1,727
- Cash +€373
up €373 (+8.2%), from €4,563 to €4,936
mainly Tax, wage and social debts (+€4,369) and Net result for the year (+€2,862)
- Tax, wage and social debts +€4,369
up €4,369 (+365.6%), from €1,195 to €5,564
- Profit (loss) carried forward +€2,862
up €2,862 (+83.7%), from €3,421 to €6,283
- Trade debts +€285
up €285 (+28.4%), from €1,005 to €1,290
- Other debts -€172
down €172 (-76.9%), from €223 to €52
- Gross operating margin +€3,327
up €3,327 (+58.4%), from €5,697 to €9,025
- Taxes +€2,855
up €2,855 (+380.0%), from €751 to €3,606
- Financial income -€1,850
down €1,850 (-99.9%), from €1,852 to €2
- Financial charges +€1,779
up €1,779 (+739.8%), from €240 to €2,019
- Depreciation -€1,294
down €1,294 (-88.2%), from €1,467 to €173
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 | €6,960 | €14,305 | +€7,344 | +105.5% |
| Fixed assets | 21/28 | €173 | €3,186 | +€3,014 | +1744.2% |
| Tangible fixed assets | 22/27 | €173 | €3,186 | +€3,014 | +1744.2% |
| Plant, machinery and equipment | 23 | - | €1,286 | +€1,286 | |
| Furniture and vehicles | 24 | €173 | €1,900 | +€1,727 | +999.7% |
| Current assets | 29/58 | €6,788 | €11,118 | +€4,331 | +63.8% |
| Amounts receivable within one year | 40/41 | €2,225 | €6,069 | +€3,844 | +172.8% |
| Trade receivables | 40 | €2,225 | €6,069 | +€3,844 | +172.8% |
| Cash at bank and in hand | 54/58 | €4,563 | €4,936 | +€373 | +8.2% |
| Deferred charges and accrued income | 490/1 | - | €113 | +€113 | |
| Total equity and liabilities | 10/49 | €6,960 | €14,305 | +€7,344 | +105.5% |
| Equity | 10/15 | €4,537 | €7,399 | +€2,862 | +63.1% |
| Contributions | 10/11 | €1,116 | €1,116 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,421 | €6,283 | +€2,862 | +83.7% |
| Amounts payable | 17/49 | €2,423 | €6,906 | +€4,482 | +185.0% |
| Amounts payable within one year | 42/48 | €2,423 | €6,906 | +€4,482 | +185.0% |
| Trade debts | 44 | €1,005 | €1,290 | +€285 | +28.4% |
| Suppliers | 440/4 | €1,005 | €1,290 | +€285 | +28.4% |
| Taxes, remuneration and social security | 45 | €1,195 | €5,564 | +€4,369 | +365.6% |
| Taxes | 450/3 | €1,195 | €5,564 | +€4,369 | +365.6% |
| Other amounts payable | 47/48 | €223 | €52 | -€172 | -76.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,467 | €173 | -€1,294 | -88.2% |
| Other operating charges | 640/8 | €1,184 | €367 | -€817 | -69.0% |
| Gross operating margin | 9900 | €5,697 | €9,025 | +€3,327 | +58.4% |
| Operating profit (loss) | 9901 | €3,047 | €8,485 | +€5,438 | +178.5% |
| Financial income | 75/76B | €1,852 | €2 | -€1,850 | -99.9% |
| Recurring financial income | 75 | €1,852 | €2 | -€1,850 | -99.9% |
| Financial charges | 65/66B | €240 | €2,019 | +€1,779 | +739.8% |
| Recurring financial charges | 65 | €240 | €2,019 | +€1,779 | +739.8% |
| Profit (loss) for the period before taxes | 9903 | €4,658 | €6,468 | +€1,810 | +38.8% |
| Income taxes | 67/77 | €751 | €3,606 | +€2,855 | +380.0% |
| Profit (loss) for the period | 9904 | €3,907 | €2,862 | -€1,045 | -26.7% |
| Profit (loss) for the period to be appropriated | 9905 | €3,907 | €2,862 | -€1,045 | -26.7% |
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 10 October 2026 via checked.be.