ANTWERP MOUNTS: 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.
ANTWERP MOUNTS
Largest movements
- Tangible fixed assets +€75,814
up €75,814 (+2,497%), from €3,036 to €78,850
of which Plant, machinery and equipment: +€73,226
- Stocks and contracts -€68,575
down €68,575 (-17.0%), from €404,490 to €335,915
- Receivables within one year -€28,703
down €28,703 (-9.2%), from €312,912 to €284,209
of which Trade receivables: -€185,798
- Other debts -€83,874
down €83,874 (-82.0%), from €102,323 to €18,449
- Trade debts +€58,177
up €58,177 (+62.3%), from €93,324 to €151,501
- Tax, wage and social debts +€27,577
up €27,577 (+65.9%), from €41,872 to €69,449
- Profit (loss) carried forward -€26,979
down €26,979 (-64.7%), from €41,667 to €14,688
- Gross operating margin -€95,885
down €95,885, from €69,166 to -€26,719
- Taxes -€16,751
no longer reported in 2025 (was €16,751)
- Financial income +€8,753
up €8,753 (+2,191%), from €399 to €9,152
- Financial charges +€4,231
up €4,231 (+455%), from €930 to €5,161
- Depreciation +€2,885
up €2,885 (+570%), from €506 to €3,391
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 | €725,973 | €700,874 | -€25,099 | -3.5% |
| Fixed assets | 21/28 | €3,036 | €78,850 | +€75,814 | +2,497% |
| Tangible fixed assets | 22/27 | €3,036 | €78,850 | +€75,814 | +2,497% |
| Plant, machinery and equipment | 23 | - | €73,226 | +€73,226 | |
| Furniture and vehicles | 24 | €3,036 | €5,624 | +€2,588 | +85.3% |
| Current assets | 29/58 | €722,937 | €622,024 | -€100,913 | -14.0% |
| Stocks and contracts in progress | 3 | €404,490 | €335,915 | -€68,575 | -17.0% |
| Stocks | 30/36 | €404,490 | €335,915 | -€68,575 | -17.0% |
| Amounts receivable within one year | 40/41 | €312,912 | €284,209 | -€28,703 | -9.2% |
| Trade receivables | 40 | €312,912 | €127,114 | -€185,798 | -59.4% |
| Other amounts receivable | 41 | - | €157,095 | +€157,095 | |
| Cash at bank and in hand | 54/58 | €5,229 | €1,461 | -€3,768 | -72.1% |
| Deferred charges and accrued income | 490/1 | €306 | €439 | +€133 | +43.5% |
| Total equity and liabilities | 10/49 | €725,973 | €700,874 | -€25,099 | -3.5% |
| Equity | 10/15 | €50,820 | €23,841 | -€26,979 | -53.1% |
| Contributions | 10/11 | €6,400 | €6,400 | = | 0.0% |
| Reserves | 13 | €2,753 | €2,753 | = | 0.0% |
| Distributable reserves | 133 | €2,753 | €2,753 | = | 0.0% |
| Profit (loss) carried forward | 14 | €41,667 | €14,688 | -€26,979 | -64.7% |
| Amounts payable | 17/49 | €675,153 | €677,033 | +€1,880 | +0.3% |
| Amounts payable after more than one year | 17 | €437,634 | €437,634 | = | 0.0% |
| Financial debts | 170/4 | €437,634 | €437,634 | = | 0.0% |
| Amounts payable within one year | 42/48 | €237,519 | €239,399 | +€1,880 | +0.8% |
| Trade debts | 44 | €93,324 | €151,501 | +€58,177 | +62.3% |
| Suppliers | 440/4 | €93,324 | €151,501 | +€58,177 | +62.3% |
| Taxes, remuneration and social security | 45 | €41,872 | €69,449 | +€27,577 | +65.9% |
| Taxes | 450/3 | €41,872 | €69,449 | +€27,577 | +65.9% |
| Other amounts payable | 47/48 | €102,323 | €18,449 | -€83,874 | -82.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €506 | €3,391 | +€2,885 | +570% |
| Other operating charges | 640/8 | €590 | €861 | +€271 | +45.9% |
| Gross operating margin | 9900 | €69,166 | -€26,719 | -€95,885 | |
| Operating profit (loss) | 9901 | €68,069 | -€30,971 | -€99,040 | |
| Financial income | 75/76B | €399 | €9,152 | +€8,753 | +2,191% |
| Recurring financial income | 75 | €399 | €9,152 | +€8,753 | +2,191% |
| Financial charges | 65/66B | €930 | €5,161 | +€4,231 | +455% |
| Recurring financial charges | 65 | €930 | €5,161 | +€4,231 | +455% |
| Profit (loss) for the period before taxes | 9903 | €67,539 | -€26,979 | -€94,518 | |
| Income taxes | 67/77 | €16,751 | - | -€16,751 | |
| Profit (loss) for the period | 9904 | €50,787 | -€26,979 | -€77,767 | |
| Profit (loss) for the period to be appropriated | 9905 | €50,787 | -€26,979 | -€77,767 |
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 20 October 2026 via checked.be.