ANTONY & ANTONY: 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.
ANTONY & ANTONY
Largest movements
- Cash +€47,479
up €47,479 (+27.5%), from €172,577 to €220,056
mainly Receivables within one year (+€26,996) and Depreciation (+€13,955)
- Receivables within one year -€26,996
down €26,996 (-42.8%), from €63,049 to €36,053
of which Trade receivables: -€20,397
- Tangible fixed assets -€8,113
down €8,113 (-4.0%), from €200,825 to €192,713
of which Land and buildings: -€7,921
- Tax, wage and social debts +€12,659
up €12,659 (+35.7%), from €35,431 to €48,090
of which Remuneration and social security: +€16,001
- Reserves +€9,124
up €9,124 (+5.7%), from €158,742 to €167,866
of which Distributable reserves: +€9,124
- Other debts -€8,845
down €8,845 (-7.4%), from €119,512 to €110,667
- Trade debts +€6,707
up €6,707 (+216.9%), from €3,092 to €9,799
- Current portion of long-term debt -€4,733
no longer reported in 2025 (was €4,733)
- Gross operating margin -€10,653
down €10,653 (-20.9%), from €50,854 to €40,201
- Taxes -€2,008
down €2,008 (-26.1%), from €7,682 to €5,674
- Financial charges -€761
down €761 (-7.3%), from €10,379 to €9,617
- Depreciation -€598
down €598 (-4.1%), from €14,553 to €13,955
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 | €437,844 | €451,706 | +€13,862 | +3.2% |
| Fixed assets | 21/28 | €200,825 | €192,713 | -€8,113 | -4.0% |
| Tangible fixed assets | 22/27 | €200,825 | €192,713 | -€8,113 | -4.0% |
| Land and buildings | 22 | €193,823 | €185,902 | -€7,921 | -4.1% |
| Furniture and vehicles | 24 | €7,002 | €6,810 | -€192 | -2.7% |
| Current assets | 29/58 | €237,019 | €258,994 | +€21,975 | +9.3% |
| Amounts receivable within one year | 40/41 | €63,049 | €36,053 | -€26,996 | -42.8% |
| Trade receivables | 40 | €46,132 | €25,735 | -€20,397 | -44.2% |
| Other amounts receivable | 41 | €16,918 | €10,318 | -€6,600 | -39.0% |
| Cash at bank and in hand | 54/58 | €172,577 | €220,056 | +€47,479 | +27.5% |
| Deferred charges and accrued income | 490/1 | €1,392 | €2,885 | +€1,493 | +107.2% |
| Total equity and liabilities | 10/49 | €437,844 | €451,706 | +€13,862 | +3.2% |
| Equity | 10/15 | €267,121 | €276,244 | +€9,124 | +3.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €158,742 | €167,866 | +€9,124 | +5.7% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €156,882 | €166,006 | +€9,124 | +5.8% |
| Profit (loss) carried forward | 14 | €102,179 | €102,179 | = | 0.0% |
| Amounts payable | 17/49 | €170,724 | €175,462 | +€4,738 | +2.8% |
| Amounts payable within one year | 42/48 | €162,767 | €168,557 | +€5,789 | +3.6% |
| Current portion of amounts payable after more than one year | 42 | €4,733 | - | -€4,733 | |
| Trade debts | 44 | €3,092 | €9,799 | +€6,707 | +216.9% |
| Suppliers | 440/4 | €3,092 | €9,799 | +€6,707 | +216.9% |
| Taxes, remuneration and social security | 45 | €35,431 | €48,090 | +€12,659 | +35.7% |
| Taxes | 450/3 | €16,840 | €13,499 | -€3,342 | -19.8% |
| Remuneration and social security | 454/9 | €18,591 | €34,592 | +€16,001 | +86.1% |
| Other amounts payable | 47/48 | €119,512 | €110,667 | -€8,845 | -7.4% |
| Accrued charges and deferred income | 492/3 | €7,956 | €6,905 | -€1,051 | -13.2% |
| Non-recurring operating income | 76A | €8,500 | - | -€8,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,553 | €13,955 | -€598 | -4.1% |
| Other operating charges | 640/8 | €1,648 | €1,940 | +€292 | +17.7% |
| Gross operating margin | 9900 | €50,854 | €40,201 | -€10,653 | -20.9% |
| Operating profit (loss) | 9901 | €34,653 | €24,307 | -€10,346 | -29.9% |
| Financial income | 75/76B | - | €108 | +€108 | |
| Recurring financial income | 75 | - | €108 | +€108 | |
| Financial charges | 65/66B | €10,379 | €9,617 | -€761 | -7.3% |
| Recurring financial charges | 65 | €10,379 | €9,617 | -€761 | -7.3% |
| Profit (loss) for the period before taxes | 9903 | €24,275 | €14,798 | -€9,477 | -39.0% |
| Income taxes | 67/77 | €7,682 | €5,674 | -€2,008 | -26.1% |
| Profit (loss) for the period | 9904 | €16,592 | €9,124 | -€7,469 | -45.0% |
| Profit (loss) for the period to be appropriated | 9905 | €16,592 | €9,124 | -€7,469 | -45.0% |
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 5 October 2026 via checked.be.