ANTONY CONSTRUCT: 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.
ANTONY CONSTRUCT
Largest movements
- Stocks and contracts +€18,930
up €18,930 (+39.9%), from €47,431 to €66,361
of which Stocks: +€30,100
- Tangible fixed assets -€11,170
down €11,170 (-31.5%), from €35,438 to €24,268
of which Furniture and vehicles: -€10,396
- Cash +€5,140
up €5,140 (+30.1%), from €17,052 to €22,192
mainly Trade debts (+€27,195) and Depreciation (+€11,170)
- Trade debts +€27,195
up €27,195 (+194%), from €14,041 to €41,236
- Advances received -€10,200
no longer reported in 2025 (was €10,200)
- Tax, wage and social debts -€5,896
down €5,896 (-10.4%), from €56,535 to €50,639
of which Remuneration and social security: -€8,183
- Depreciation -€1,077
down €1,077 (-8.8%), from €12,248 to €11,170
- Staff costs +€1,044
up €1,044 (+7.6%), from €13,803 to €14,847
- Gross operating margin -€731
down €731 (-2.5%), from €29,351 to €28,620
- Other operating charges -€304
down €304 (-49.8%), from €611 to €306
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 | €117,348 | €129,598 | +€12,250 | +10.4% |
| Fixed assets | 21/28 | €35,558 | €24,388 | -€11,170 | -31.4% |
| Tangible fixed assets | 22/27 | €35,438 | €24,268 | -€11,170 | -31.5% |
| Plant, machinery and equipment | 23 | €1,299 | €525 | -€774 | -59.6% |
| Furniture and vehicles | 24 | €34,139 | €23,742 | -€10,396 | -30.5% |
| Financial fixed assets | 28 | €120 | €120 | = | 0.0% |
| Current assets | 29/58 | €81,790 | €105,210 | +€23,420 | +28.6% |
| Stocks and contracts in progress | 3 | €47,431 | €66,361 | +€18,930 | +39.9% |
| Stocks | 30/36 | €22,011 | €52,111 | +€30,100 | +137% |
| Contracts in progress | 37 | €25,420 | €14,250 | -€11,170 | -43.9% |
| Amounts receivable within one year | 40/41 | €17,306 | €16,657 | -€650 | -3.8% |
| Trade receivables | 40 | €9,483 | - | -€9,483 | |
| Other amounts receivable | 41 | €7,824 | €16,657 | +€8,833 | +113% |
| Cash at bank and in hand | 54/58 | €17,052 | €22,192 | +€5,140 | +30.1% |
| Total equity and liabilities | 10/49 | €117,348 | €129,598 | +€12,250 | +10.4% |
| Equity | 10/15 | €36,571 | €36,578 | +€6 | 0.0% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €35,071 | €35,078 | +€6 | 0.0% |
| Amounts payable | 17/49 | €80,776 | €93,020 | +€12,243 | +15.2% |
| Amounts payable within one year | 42/48 | €80,776 | €93,020 | +€12,243 | +15.2% |
| Trade debts | 44 | €14,041 | €41,236 | +€27,195 | +194% |
| Suppliers | 440/4 | €14,041 | €41,236 | +€27,195 | +194% |
| Advances received on contracts in progress | 46 | €10,200 | - | -€10,200 | |
| Taxes, remuneration and social security | 45 | €56,535 | €50,639 | -€5,896 | -10.4% |
| Taxes | 450/3 | - | €2,287 | +€2,287 | |
| Remuneration and social security | 454/9 | €56,535 | €48,352 | -€8,183 | -14.5% |
| Other amounts payable | 47/48 | - | €1,144 | +€1,144 | |
| Remuneration, social security and pensions | 62 | €13,803 | €14,847 | +€1,044 | +7.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,248 | €11,170 | -€1,077 | -8.8% |
| Other operating charges | 640/8 | €611 | €306 | -€304 | -49.8% |
| Non-recurring operating charges | 66A | - | €116 | +€116 | |
| Gross operating margin | 9900 | €29,351 | €28,620 | -€731 | -2.5% |
| Operating profit (loss) | 9901 | €2,689 | €2,180 | -€509 | -18.9% |
| Financial income | 75/76B | €146 | €12 | -€135 | -92.0% |
| Recurring financial income | 75 | €146 | €12 | -€135 | -92.0% |
| Financial charges | 65/66B | €161 | €210 | +€49 | +30.4% |
| Recurring financial charges | 65 | €161 | €210 | +€49 | +30.4% |
| Profit (loss) for the period before taxes | 9903 | €2,675 | €1,982 | -€693 | -25.9% |
| Income taxes | 67/77 | €1,740 | €1,975 | +€236 | +13.5% |
| Profit (loss) for the period | 9904 | €935 | €6 | -€928 | -99.3% |
| Profit (loss) for the period to be appropriated | 9905 | €935 | €6 | -€928 | -99.3% |
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 16 October 2026 via checked.be.