ANTWERP SERVICE ENGINEERING: 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 SERVICE ENGINEERING
Largest movements
- Tangible fixed assets -€12,496
down €12,496 (-1.2%), from €1.1m to €1.0m
- Debts after one year -€15,276
down €15,276 (-1.4%), from €1.1m to €1.1m
- Gross operating margin +€6,005
up €6,005 (+56.7%), from €10,588 to €16,592
- Depreciation -€359
down €359 (-2.8%), from €12,855 to €12,496
- Financial charges +€180
up €180 (+275%), from €65 to €245
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 | €1,058,378 | €1,045,870 | -€12,508 | -1.2% |
| Fixed assets | 21/28 | €1,055,388 | €1,042,892 | -€12,496 | -1.2% |
| Tangible fixed assets | 22/27 | €1,055,388 | €1,042,892 | -€12,496 | -1.2% |
| Land and buildings | 22 | €1,055,388 | €1,042,892 | -€12,496 | -1.2% |
| Current assets | 29/58 | €2,990 | €2,978 | -€12 | -0.4% |
| Stocks and contracts in progress | 3 | €2,898 | €2,898 | = | 0.0% |
| Stocks | 30/36 | €2,898 | €2,898 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €92 | €80 | -€12 | -13.2% |
| Total equity and liabilities | 10/49 | €1,058,378 | €1,045,870 | -€12,508 | -1.2% |
| Equity | 10/15 | -€19,587 | -€19,381 | +€205 | +1.0% |
| Contributions | 10/11 | €179,500 | €179,500 | = | 0.0% |
| Capital | 10 | €179,500 | €179,500 | = | 0.0% |
| Issued capital | 100 | €179,500 | €179,500 | = | 0.0% |
| Reserves | 13 | €4,399 | €4,399 | = | 0.0% |
| Non-distributable reserves | 130/1 | €220 | €220 | = | 0.0% |
| Legal reserve | 130 | €220 | €220 | = | 0.0% |
| Distributable reserves | 133 | €4,179 | €4,179 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€203,485 | -€203,280 | +€205 | +0.1% |
| Amounts payable | 17/49 | €1,077,965 | €1,065,251 | -€12,714 | -1.2% |
| Amounts payable after more than one year | 17 | €1,077,965 | €1,062,689 | -€15,276 | -1.4% |
| Financial debts | 170/4 | €1,077,965 | €1,062,689 | -€15,276 | -1.4% |
| Amounts payable within one year | 42/48 | - | €2,563 | +€2,563 | |
| Other amounts payable | 47/48 | - | €2,563 | +€2,563 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,855 | €12,496 | -€359 | -2.8% |
| Other operating charges | 640/8 | €3,503 | €3,646 | +€143 | +4.1% |
| Gross operating margin | 9900 | €10,588 | €16,592 | +€6,005 | +56.7% |
| Operating profit (loss) | 9901 | -€5,771 | €450 | +€6,221 | |
| Financial charges | 65/66B | €65 | €245 | +€180 | +275% |
| Recurring financial charges | 65 | €65 | €245 | +€180 | +275% |
| Profit (loss) for the period before taxes | 9903 | -€5,836 | €205 | +€6,041 | |
| Profit (loss) for the period | 9904 | -€5,836 | €205 | +€6,041 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,836 | €205 | +€6,041 |
Source: filed annual accounts (NBB), financial years ended 30 December 2024 and 30 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.