Antwerpsekappers: what changed
Two fiscal 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.
Antwerpsekappers
Largest movements
- Receivables within one year -€91,222
down €91,222 (-41.6%), from €219,167 to €127,944
of which Other amounts receivable: -€123,486
- Cash -€36,260
down €36,260 (-21.4%), from €169,727 to €133,467
mainly Trade debts (-€57,367) and Tax, wage and social debts (-€42,888)
- Intangible fixed assets -€10,957
down €10,957 (-26.7%), from €41,001 to €30,044
- Deferred charges and accrued income -€6,712
down €6,712 (-21.1%), from €31,842 to €25,130
- Tangible fixed assets -€6,688
down €6,688 (-48.6%), from €13,765 to €7,076
of which Plant, machinery and equipment: -€3,360
- Trade debts -€57,367
down €57,367 (-42.4%), from €135,318 to €77,952
- Tax, wage and social debts -€42,888
down €42,888 (-19.9%), from €215,255 to €172,366
of which Taxes: -€29,719
- Other debts -€34,791
down €34,791 (-35.1%), from €99,123 to €64,332
- Short-term financial debts -€16,561
down €16,561 (-100.0%), from €16,561 to €0
- Current portion of long-term debt +€8,334
up €8,334 (+60.1%), from €13,869 to €22,203
- Turnover -€1.8m
no longer reported in 2025 (was €1.8m)
- Gross operating margin +€1.1m
new in 2025: €1.1m
- Services and other goods -€471,085
no longer reported in 2025 (was €471,085)
- Staff costs -€139,397
down €139,397 (-12.1%), from €1.2m to €1.0m
- Goods and materials -€96,917
no longer reported in 2025 (was €96,917)
of which Purchases: -€100,997
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.
Cash bridge derived
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 | €514,011 | €365,975 | -€148,037 | -28.8% |
| Fixed assets | 21/28 | €62,635 | €44,990 | -€17,645 | -28.2% |
| Intangible fixed assets | 21 | €41,001 | €30,044 | -€10,957 | -26.7% |
| Tangible fixed assets | 22/27 | €13,765 | €7,076 | -€6,688 | -48.6% |
| Plant, machinery and equipment | 23 | €3,360 | €0 | -€3,360 | -100.0% |
| Furniture and vehicles | 24 | €10,405 | €7,076 | -€3,329 | -32.0% |
| Financial fixed assets | 28 | €7,870 | €7,870 | = | 0.0% |
| Other financial fixed assets | 284/8 | €7,870 | - | -€7,870 | |
| Amounts receivable and cash guarantees | 285/8 | €7,870 | - | -€7,870 | |
| Current assets | 29/58 | €451,377 | €320,985 | -€130,392 | -28.9% |
| Stocks and contracts in progress | 3 | €30,641 | €34,444 | +€3,803 | +12.4% |
| Stocks | 30/36 | €30,641 | €34,444 | +€3,803 | +12.4% |
| Goods purchased for resale | 34 | €30,641 | - | -€30,641 | |
| Amounts receivable within one year | 40/41 | €219,167 | €127,944 | -€91,222 | -41.6% |
| Trade receivables | 40 | €75,711 | €107,974 | +€32,263 | +42.6% |
| Other amounts receivable | 41 | €143,456 | €19,970 | -€123,486 | -86.1% |
| Cash at bank and in hand | 54/58 | €169,727 | €133,467 | -€36,260 | -21.4% |
| Deferred charges and accrued income | 490/1 | €31,842 | €25,130 | -€6,712 | -21.1% |
| Total equity and liabilities | 10/49 | €514,011 | €365,975 | -€148,037 | -28.8% |
| Equity | 10/15 | €26,493 | €29,122 | +€2,629 | +9.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,893 | €10,522 | +€2,629 | +33.3% |
| Amounts payable | 17/49 | €487,519 | €336,853 | -€150,666 | -30.9% |
| Amounts payable within one year | 42/48 | €480,126 | €336,853 | -€143,273 | -29.8% |
| Current portion of amounts payable after more than one year | 42 | €13,869 | €22,203 | +€8,334 | +60.1% |
| Financial debts | 43 | €16,561 | €0 | -€16,561 | -100.0% |
| Credit institutions | 430/8 | €16,561 | €0 | -€16,561 | -100.0% |
| Trade debts | 44 | €135,318 | €77,952 | -€57,367 | -42.4% |
| Suppliers | 440/4 | €135,318 | €77,952 | -€57,367 | -42.4% |
| Taxes, remuneration and social security | 45 | €215,255 | €172,366 | -€42,888 | -19.9% |
| Taxes | 450/3 | €103,062 | €73,343 | -€29,719 | -28.8% |
| Remuneration and social security | 454/9 | €112,193 | €99,024 | -€13,169 | -11.7% |
| Other amounts payable | 47/48 | €99,123 | €64,332 | -€34,791 | -35.1% |
| Accrued charges and deferred income | 492/3 | €7,393 | €0 | -€7,393 | -100.0% |
| Operating income | 70/76A | €1,806,957 | - | -€1.8m | |
| Turnover | 70 | €1,794,777 | - | -€1.8m | |
| Other operating income | 74 | €12,180 | - | -€12,180 | |
| Operating charges | 60/66A | €1,786,069 | - | -€1.8m | |
| Goods for resale, raw materials and consumables | 60 | €96,917 | - | -€96,917 | |
| Purchases | 600/8 | €100,997 | - | -€100,997 | |
| Change in stocks: decrease (increase) | 609 | -€4,080 | - | +€4,080 | |
| Services and other goods | 61 | €471,085 | - | -€471,085 | |
| Remuneration, social security and pensions | 62 | €1,152,435 | €1,013,038 | -€139,397 | -12.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,815 | €12,600 | -€3,215 | -20.3% |
| Other operating charges | 640/8 | €49,817 | €33,447 | -€16,370 | -32.9% |
| Non-recurring operating charges | 66A | - | €5,045 | +€5,045 | |
| Gross operating margin | 9900 | - | €1,091,825 | +€1.1m | |
| Operating profit (loss) | 9901 | €20,888 | €27,696 | +€6,808 | +32.6% |
| Financial income | 75/76B | €1,887 | €1,603 | -€284 | -15.1% |
| Recurring financial income | 75 | €1,887 | €1,603 | -€284 | -15.1% |
| Income from financial fixed assets | 750 | €79 | - | -€79 | |
| Other financial income | 752/9 | €1,808 | - | -€1,808 | |
| Financial charges | 65/66B | €6,302 | €2,236 | -€4,066 | -64.5% |
| Recurring financial charges | 65 | €6,302 | €2,236 | -€4,066 | -64.5% |
| Debt charges | 650 | €5,749 | - | -€5,749 | |
| Other financial charges | 652/9 | €553 | - | -€553 | |
| Profit (loss) for the period before taxes | 9903 | €16,473 | €27,063 | +€10,589 | +64.3% |
| Income taxes | 67/77 | €10,657 | €16,934 | +€6,277 | +58.9% |
| Taxes | 670/3 | €10,657 | - | -€10,657 | |
| Profit (loss) for the period | 9904 | €5,816 | €10,129 | +€4,313 | +74.1% |
| Profit (loss) for the period to be appropriated | 9905 | €5,816 | €10,129 | +€4,313 | +74.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.