ANTS ARCHITECTURE & ADVICE: what changed
ANTS ARCHITECTURE & ADVICE
Largest movements
- Tangible fixed assets +€182,503
up €182,503 (+17.7%), from €1.0m to €1.2m
of which Land and buildings: +€174,961
- Receivables within one year +€74,288
up €74,288 (+111%), from €66,673 to €140,961
of which Trade receivables: +€87,264
- Cash +€22,200
up €22,200 (+18.5%), from €120,265 to €142,465
mainly Debts after one year (+€318,739) and Net result for the year (+€177,697)
- Trade debts -€357,389
down €357,389 (-68.7%), from €519,891 to €162,502
- Debts after one year +€318,739
up €318,739 (+70.9%), from €449,696 to €768,435
- Reserves +€177,697
up €177,697 (+47.9%), from €370,931 to €548,628
of which Distributable reserves: +€177,697
- Tax, wage and social debts +€84,847
up €84,847 (+171%), from €49,673 to €134,520
- Other debts +€75,750
new in 2025: €75,750
- Gross operating margin +€173,535
up €173,535 (+96.7%), from €179,386 to €352,920
- Depreciation +€36,730
up €36,730 (+109%), from €33,714 to €70,444
- Taxes +€36,020
up €36,020 (+87.8%), from €41,042 to €77,062
- Financial charges +€11,995
up €11,995 (+121%), from €9,873 to €21,868
- Other operating charges -€5,552
down €5,552 (-47.5%), from €11,693 to €6,141
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 | €1,430,718 | €1,721,352 | +€290,634 | +20.3% |
| Fixed assets | 21/28 | €1,034,060 | €1,215,359 | +€181,299 | +17.5% |
| Intangible fixed assets | 21 | €4,018 | €2,814 | -€1,204 | -30.0% |
| Tangible fixed assets | 22/27 | €1,029,622 | €1,212,126 | +€182,503 | +17.7% |
| Land and buildings | 22 | €1,025,184 | €1,200,145 | +€174,961 | +17.1% |
| Plant, machinery and equipment | 23 | €3,706 | €2,445 | -€1,261 | -34.0% |
| Furniture and vehicles | 24 | €468 | €9,359 | +€8,892 | +1,901% |
| Other tangible fixed assets | 26 | €265 | €176 | -€88 | -33.3% |
| Financial fixed assets | 28 | €420 | €420 | = | 0.0% |
| Current assets | 29/58 | €396,658 | €505,992 | +€109,335 | +27.6% |
| Amounts receivable after more than one year | 29 | €208,883 | €221,220 | +€12,336 | +5.9% |
| Other amounts receivable | 291 | €208,883 | €221,220 | +€12,336 | +5.9% |
| Amounts receivable within one year | 40/41 | €66,673 | €140,961 | +€74,288 | +111% |
| Trade receivables | 40 | €26,607 | €113,871 | +€87,264 | +328% |
| Other amounts receivable | 41 | €40,065 | €27,090 | -€12,976 | -32.4% |
| Cash at bank and in hand | 54/58 | €120,265 | €142,465 | +€22,200 | +18.5% |
| Deferred charges and accrued income | 490/1 | €837 | €1,347 | +€510 | +61.0% |
| Total equity and liabilities | 10/49 | €1,430,718 | €1,721,352 | +€290,634 | +20.3% |
| Equity | 10/15 | €389,531 | €567,228 | +€177,697 | +45.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €370,931 | €548,628 | +€177,697 | +47.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €369,071 | €546,768 | +€177,697 | +48.1% |
| Amounts payable | 17/49 | €1,041,187 | €1,154,124 | +€112,938 | +10.8% |
| Amounts payable after more than one year | 17 | €449,696 | €768,435 | +€318,739 | +70.9% |
| Financial debts | 170/4 | €449,696 | €768,435 | +€318,739 | +70.9% |
| Amounts payable within one year | 42/48 | €590,676 | €385,689 | -€204,987 | -34.7% |
| Current portion of amounts payable after more than one year | 42 | €21,112 | €12,918 | -€8,194 | -38.8% |
| Trade debts | 44 | €519,891 | €162,502 | -€357,389 | -68.7% |
| Suppliers | 440/4 | €519,891 | €162,502 | -€357,389 | -68.7% |
| Taxes, remuneration and social security | 45 | €49,673 | €134,520 | +€84,847 | +171% |
| Taxes | 450/3 | €49,673 | €134,520 | +€84,847 | +171% |
| Other amounts payable | 47/48 | - | €75,750 | +€75,750 | |
| Accrued charges and deferred income | 492/3 | €815 | - | -€815 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,714 | €70,444 | +€36,730 | +109% |
| Other operating charges | 640/8 | €11,693 | €6,141 | -€5,552 | -47.5% |
| Gross operating margin | 9900 | €179,386 | €352,920 | +€173,535 | +96.7% |
| Operating profit (loss) | 9901 | €133,979 | €276,335 | +€142,357 | +106% |
| Financial income | 75/76B | €3,756 | €291 | -€3,465 | -92.3% |
| Recurring financial income | 75 | €3,756 | €291 | -€3,465 | -92.3% |
| Financial charges | 65/66B | €9,873 | €21,868 | +€11,995 | +121% |
| Recurring financial charges | 65 | €9,873 | €21,868 | +€11,995 | +121% |
| Profit (loss) for the period before taxes | 9903 | €127,862 | €254,758 | +€126,896 | +99.2% |
| Income taxes | 67/77 | €41,042 | €77,062 | +€36,020 | +87.8% |
| Profit (loss) for the period | 9904 | €86,820 | €177,697 | +€90,877 | +105% |
| Profit (loss) for the period to be appropriated | 9905 | €86,820 | €177,697 | +€90,877 | +105% |
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 2 November 2026 via checked.be.