ANTRESS: 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.
ANTRESS
Largest movements
- Receivables within one year +€22,415
up €22,415 (+83.3%), from €26,908 to €49,323
of which Trade receivables: +€18,065
- Cash -€5,041
down €5,041 (-14.1%), from €35,763 to €30,721
mainly Receivables within one year (-€22,415) and Tax, wage and social debts (-€14,683)
- Tangible fixed assets -€3,431
down €3,431 (-11.3%), from €30,444 to €27,013
of which Other tangible fixed assets: -€3,454
- Advances received +€30,447
new in 2025: €30,447
- Tax, wage and social debts -€14,683
down €14,683 (-69.4%), from €21,152 to €6,469
of which Taxes: -€15,706
- Debts after one year -€4,812
down €4,812 (-27.1%), from €17,730 to €12,918
- Profit (loss) carried forward +€2,970
up €2,970 (+26.8%), from -€11,089 to -€8,119
- Gross operating margin -€28,950
down €28,950 (-69.7%), from €41,512 to €12,562
- Taxes -€4,934
down €4,934 (-63.3%), from €7,792 to €2,858
- Depreciation -€498
down €498 (-9.7%), from €5,126 to €4,629
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 | €99,020 | €112,596 | +€13,576 | +13.7% |
| Fixed assets | 21/28 | €34,624 | €31,193 | -€3,431 | -9.9% |
| Tangible fixed assets | 22/27 | €30,444 | €27,013 | -€3,431 | -11.3% |
| Furniture and vehicles | 24 | €2,260 | €2,284 | +€23 | +1.0% |
| Other tangible fixed assets | 26 | €28,184 | €24,730 | -€3,454 | -12.3% |
| Financial fixed assets | 28 | €4,180 | €4,180 | = | 0.0% |
| Current assets | 29/58 | €64,396 | €81,403 | +€17,006 | +26.4% |
| Amounts receivable within one year | 40/41 | €26,908 | €49,323 | +€22,415 | +83.3% |
| Trade receivables | 40 | €10,253 | €28,319 | +€18,065 | +176% |
| Other amounts receivable | 41 | €16,654 | €21,004 | +€4,350 | +26.1% |
| Cash at bank and in hand | 54/58 | €35,763 | €30,721 | -€5,041 | -14.1% |
| Deferred charges and accrued income | 490/1 | €1,726 | €1,358 | -€367 | -21.3% |
| Total equity and liabilities | 10/49 | €99,020 | €112,596 | +€13,576 | +13.7% |
| Equity | 10/15 | €32,271 | €35,241 | +€2,970 | +9.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €37,159 | €37,159 | = | 0.0% |
| Distributable reserves | 133 | €37,159 | €37,159 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,089 | -€8,119 | +€2,970 | +26.8% |
| Amounts payable | 17/49 | €66,750 | €77,355 | +€10,606 | +15.9% |
| Amounts payable after more than one year | 17 | €17,730 | €12,918 | -€4,812 | -27.1% |
| Financial debts | 170/4 | €17,730 | €12,918 | -€4,812 | -27.1% |
| Amounts payable within one year | 42/48 | €49,019 | €64,437 | +€15,418 | +31.5% |
| Current portion of amounts payable after more than one year | 42 | €4,710 | €4,812 | +€102 | +2.2% |
| Trade debts | 44 | €13,157 | €12,709 | -€448 | -3.4% |
| Suppliers | 440/4 | €13,157 | €12,709 | -€448 | -3.4% |
| Advances received on contracts in progress | 46 | - | €30,447 | +€30,447 | |
| Taxes, remuneration and social security | 45 | €21,152 | €6,469 | -€14,683 | -69.4% |
| Taxes | 450/3 | €19,675 | €3,969 | -€15,706 | -79.8% |
| Remuneration and social security | 454/9 | €1,477 | €2,500 | +€1,023 | +69.2% |
| Other amounts payable | 47/48 | €10,000 | €10,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,126 | €4,629 | -€498 | -9.7% |
| Other operating charges | 640/8 | €911 | €933 | +€22 | +2.4% |
| Gross operating margin | 9900 | €41,512 | €12,562 | -€28,950 | -69.7% |
| Operating profit (loss) | 9901 | €35,474 | €7,000 | -€28,474 | -80.3% |
| Financial income | 75/76B | €589 | €574 | -€16 | -2.6% |
| Recurring financial income | 75 | €589 | €574 | -€16 | -2.6% |
| Financial charges | 65/66B | €1,883 | €1,745 | -€137 | -7.3% |
| Recurring financial charges | 65 | €1,883 | €1,745 | -€137 | -7.3% |
| Profit (loss) for the period before taxes | 9903 | €34,181 | €5,828 | -€28,353 | -82.9% |
| Income taxes | 67/77 | €7,792 | €2,858 | -€4,934 | -63.3% |
| Profit (loss) for the period | 9904 | €26,389 | €2,970 | -€23,419 | -88.7% |
| Profit (loss) for the period to be appropriated | 9905 | €26,389 | €2,970 | -€23,419 | -88.7% |
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.