ANTOPIA: 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.
ANTOPIA
Largest movements
- Cash +€53,523
up €53,523 (+35.6%), from €150,207 to €203,731
mainly Net result for the year (+€100,550) and Trade debts (+€31,760)
- Receivables within one year +€44,473
up €44,473 (+44.9%), from €99,105 to €143,577
of which Trade receivables: +€53,139
- Reserves +€57,050
up €57,050 (+79.3%), from €71,929 to €128,978
- Trade debts +€31,760
up €31,760 (+89.1%), from €35,643 to €67,403
- Tax, wage and social debts +€14,296
up €14,296 (+101.8%), from €14,039 to €28,335
of which Taxes: +€14,241
- Other debts -€5,247
down €5,247 (-4.9%), from €107,838 to €102,591
- Gross operating margin +€78,489
up €78,489 (+117.3%), from €66,886 to €145,375
- Taxes +€30,285
up €30,285 (+176.3%), from €17,176 to €47,460
- Financial income +€3,177
up €3,177 (+5687.6%), from €56 to €3,232
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 | €249,449 | €347,308 | +€97,859 | +39.2% |
| Current assets | 29/58 | €249,449 | €347,308 | +€97,859 | +39.2% |
| Amounts receivable within one year | 40/41 | €99,105 | €143,577 | +€44,473 | +44.9% |
| Trade receivables | 40 | €85,084 | €138,222 | +€53,139 | +62.5% |
| Other amounts receivable | 41 | €14,021 | €5,355 | -€8,666 | -61.8% |
| Cash at bank and in hand | 54/58 | €150,207 | €203,731 | +€53,523 | +35.6% |
| Deferred charges and accrued income | 490/1 | €137 | €0 | -€137 | -100.0% |
| Total equity and liabilities | 10/49 | €249,449 | €347,308 | +€97,859 | +39.2% |
| Equity | 10/15 | €91,929 | €148,978 | +€57,050 | +62.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €71,929 | €128,978 | +€57,050 | +79.3% |
| Distributable reserves | 133 | €71,929 | €128,978 | +€57,050 | +79.3% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €157,520 | €198,330 | +€40,810 | +25.9% |
| Amounts payable within one year | 42/48 | €157,520 | €198,330 | +€40,810 | +25.9% |
| Trade debts | 44 | €35,643 | €67,403 | +€31,760 | +89.1% |
| Suppliers | 440/4 | €35,643 | €67,403 | +€31,760 | +89.1% |
| Taxes, remuneration and social security | 45 | €14,039 | €28,335 | +€14,296 | +101.8% |
| Taxes | 450/3 | €12,819 | €27,060 | +€14,241 | +111.1% |
| Remuneration and social security | 454/9 | €1,220 | €1,275 | +€55 | +4.5% |
| Other amounts payable | 47/48 | €107,838 | €102,591 | -€5,247 | -4.9% |
| Other operating charges | 640/8 | €522 | €520 | -€2 | -0.5% |
| Gross operating margin | 9900 | €66,886 | €145,375 | +€78,489 | +117.3% |
| Operating profit (loss) | 9901 | €66,364 | €144,855 | +€78,492 | +118.3% |
| Financial income | 75/76B | €56 | €3,232 | +€3,177 | +5687.6% |
| Recurring financial income | 75 | €56 | €3,232 | +€3,177 | +5687.6% |
| Financial charges | 65/66B | €67 | €78 | +€11 | +15.9% |
| Recurring financial charges | 65 | €67 | €78 | +€11 | +15.9% |
| Profit (loss) for the period before taxes | 9903 | €66,352 | €148,010 | +€81,658 | +123.1% |
| Income taxes | 67/77 | €17,176 | €47,460 | +€30,285 | +176.3% |
| Profit (loss) for the period | 9904 | €49,177 | €100,550 | +€51,373 | +104.5% |
| Profit (loss) for the period to be appropriated | 9905 | €49,177 | €100,550 | +€51,373 | +104.5% |
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 6 October 2026 via checked.be.