ANTRAMAR: 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.
ANTRAMAR
Largest movements
- Receivables within one year -€24,973
down €24,973 (-75.9%), from €32,912 to €7,940
of which Trade receivables: -€24,973
- Cash +€9,277
up €9,277 (+626%), from €1,482 to €10,758
mainly Receivables within one year (+€24,973) and Deferred charges and accrued income (+€3,238)
- Deferred charges and accrued income -€3,238
no longer reported in 2025 (was €3,238)
- Trade debts -€20,171
no longer reported in 2025 (was €20,171)
- Profit (loss) carried forward +€1,327
up €1,327 (+4.5%), from -€29,532 to -€28,204
- Gross operating margin +€16,342
up €16,342 (+130%), from €12,585 to €28,927
- Other operating charges +€13,156
up €13,156 (+113%), from €11,629 to €24,786
- Financial income -€1,564
down €1,564 (-81.6%), from €1,917 to €353
- Financial charges +€572
up €572 (+22.0%), from €2,595 to €3,167
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 | €37,633 | €18,698 | -€18,935 | -50.3% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €0 | €0 | = | |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Current assets | 29/58 | €37,633 | €18,698 | -€18,935 | -50.3% |
| Amounts receivable within one year | 40/41 | €32,912 | €7,940 | -€24,973 | -75.9% |
| Trade receivables | 40 | €32,912 | €7,940 | -€24,973 | -75.9% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €1,482 | €10,758 | +€9,277 | +626% |
| Deferred charges and accrued income | 490/1 | €3,238 | - | -€3,238 | |
| Total equity and liabilities | 10/49 | €37,633 | €18,698 | -€18,935 | -50.3% |
| Equity | 10/15 | €17,371 | €18,698 | +€1,327 | +7.6% |
| Contributions | 10/11 | €37,184 | €37,184 | = | 0.0% |
| Reserves | 13 | €9,718 | €9,718 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,718 | €3,718 | = | 0.0% |
| Other | 1319 | €3,718 | €3,718 | = | 0.0% |
| Distributable reserves | 133 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€29,532 | -€28,204 | +€1,327 | +4.5% |
| Amounts payable | 17/49 | €20,262 | - | -€20,262 | |
| Amounts payable within one year | 42/48 | €20,262 | - | -€20,262 | |
| Trade debts | 44 | €20,171 | - | -€20,171 | |
| Suppliers | 440/4 | €20,171 | - | -€20,171 | |
| Taxes, remuneration and social security | 45 | €91 | - | -€91 | |
| Taxes | 450/3 | €91 | - | -€91 | |
| Other operating charges | 640/8 | €11,629 | €24,786 | +€13,156 | +113% |
| Gross operating margin | 9900 | €12,585 | €28,927 | +€16,342 | +130% |
| Operating profit (loss) | 9901 | €955 | €4,141 | +€3,186 | +333% |
| Financial income | 75/76B | €1,917 | €353 | -€1,564 | -81.6% |
| Recurring financial income | 75 | €1,917 | €353 | -€1,564 | -81.6% |
| Financial charges | 65/66B | €2,595 | €3,167 | +€572 | +22.0% |
| Recurring financial charges | 65 | €2,595 | €3,167 | +€572 | +22.0% |
| Profit (loss) for the period before taxes | 9903 | €278 | €1,327 | +€1,050 | +378% |
| Profit (loss) for the period | 9904 | €278 | €1,327 | +€1,050 | +378% |
| Profit (loss) for the period to be appropriated | 9905 | €278 | €1,327 | +€1,050 | +378% |
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 25 October 2026 via checked.be.