ANTORIANE: what changed
ANTORIANE
Largest movements
- Cash -€25,970
down €25,970 (-61.9%), from €41,959 to €15,989
mainly Debts after one year (-€55,595) and Trade debts (-€1,028)
- Tangible fixed assets -€21,938
down €21,938 (-5.7%), from €383,515 to €361,578
of which Land and buildings: -€16,000
- Debts after one year -€55,595
down €55,595 (-12.9%), from €431,004 to €375,408
of which Other amounts payable: -€42,040
- Profit (loss) carried forward +€8,532
up €8,532 (+26.6%), from -€32,049 to -€23,517
- Gross operating margin -€9,312
down €9,312 (-18.6%), from €50,003 to €40,691
- Financial charges +€1,496
up €1,496 (+20.5%), from €7,312 to €8,808
- Other operating charges +€728
up €728 (+106%), from €685 to €1,414
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €429,064 | €381,156 | -€47,909 | -11.2% |
| Fixed assets | 21/28 | €383,515 | €361,578 | -€21,938 | -5.7% |
| Tangible fixed assets | 22/27 | €383,515 | €361,578 | -€21,938 | -5.7% |
| Land and buildings | 22 | €364,142 | €348,142 | -€16,000 | -4.4% |
| Plant, machinery and equipment | 23 | €17,049 | €11,796 | -€5,254 | -30.8% |
| Furniture and vehicles | 24 | €2,323 | €1,639 | -€684 | -29.4% |
| Current assets | 29/58 | €45,549 | €19,578 | -€25,971 | -57.0% |
| Amounts receivable within one year | 40/41 | €3,590 | €3,589 | -€1 | 0.0% |
| Trade receivables | 40 | €3,590 | €3,589 | -€1 | 0.0% |
| Cash at bank and in hand | 54/58 | €41,959 | €15,989 | -€25,970 | -61.9% |
| Total equity and liabilities | 10/49 | €429,064 | €381,156 | -€47,909 | -11.2% |
| Equity | 10/15 | -€18,849 | -€10,317 | +€8,532 | +45.3% |
| Contributions | 10/11 | €12,000 | €12,000 | = | 0.0% |
| Reserves | 13 | €1,200 | €1,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,200 | €1,200 | = | 0.0% |
| Other | 1319 | €1,200 | €1,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€32,049 | -€23,517 | +€8,532 | +26.6% |
| Amounts payable | 17/49 | €447,913 | €391,473 | -€56,441 | -12.6% |
| Amounts payable after more than one year | 17 | €431,004 | €375,408 | -€55,595 | -12.9% |
| Financial debts | 170/4 | €289,569 | €276,015 | -€13,555 | -4.7% |
| Other amounts payable | 178/9 | €141,434 | €99,394 | -€42,040 | -29.7% |
| Amounts payable within one year | 42/48 | €16,910 | €16,064 | -€846 | -5.0% |
| Current portion of amounts payable after more than one year | 42 | €13,169 | €13,555 | +€386 | +2.9% |
| Trade debts | 44 | €2,188 | €1,160 | -€1,028 | -47.0% |
| Suppliers | 440/4 | €2,188 | €1,160 | -€1,028 | -47.0% |
| Taxes, remuneration and social security | 45 | €1,553 | €1,349 | -€203 | -13.1% |
| Taxes | 450/3 | €1,291 | €1,088 | -€203 | -15.7% |
| Remuneration and social security | 454/9 | €261 | €261 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,845 | €21,938 | +€93 | +0.4% |
| Other operating charges | 640/8 | €685 | €1,414 | +€728 | +106% |
| Gross operating margin | 9900 | €50,003 | €40,691 | -€9,312 | -18.6% |
| Operating profit (loss) | 9901 | €27,473 | €17,340 | -€10,133 | -36.9% |
| Financial charges | 65/66B | €7,312 | €8,808 | +€1,496 | +20.5% |
| Recurring financial charges | 65 | €7,312 | €8,808 | +€1,496 | +20.5% |
| Profit (loss) for the period before taxes | 9903 | €20,161 | €8,532 | -€11,629 | -57.7% |
| Profit (loss) for the period | 9904 | €20,161 | €8,532 | -€11,629 | -57.7% |
| Profit (loss) for the period to be appropriated | 9905 | €20,161 | €8,532 | -€11,629 | -57.7% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.