ANTWERPTELECOM: 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.
ANTWERPTELECOM
Largest movements
- Receivables within one year -€29,768
down €29,768 (-55.4%), from €53,685 to €23,917
of which Trade receivables: -€32,141
- Stocks and contracts -€4,155
down €4,155 (-31.6%), from €13,159 to €9,004
- Cash +€3,846
up €3,846 (+58.7%), from €6,556 to €10,402
mainly Receivables within one year (+€29,768) and Stocks and contracts (+€4,155)
- Trade debts -€31,964
down €31,964 (-86.3%), from €37,025 to €5,061
- Profit (loss) carried forward +€3,328
up €3,328 (+20.0%), from €16,630 to €19,958
- Tax, wage and social debts -€1,441
down €1,441 (-13.1%), from €10,998 to €9,558
of which Remuneration and social security: -€9,205
- Staff costs -€9,011
down €9,011 (-14.4%), from €62,601 to €53,590
- Gross operating margin -€5,492
down €5,492 (-8.4%), from €65,423 to €59,931
- Purchases and services +€4,220
up €4,220 (+3.1%), from €135,219 to €139,439
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €81,869 | €51,792 | -€30,077 | -36.7% |
| Fixed assets | 21/28 | €8,469 | €8,469 | = | 0.0% |
| Tangible fixed assets | 22/27 | €69 | €69 | = | 0.0% |
| Furniture and vehicles | 24 | €69 | €69 | = | 0.0% |
| Financial fixed assets | 28 | €8,400 | €8,400 | = | 0.0% |
| Current assets | 29/58 | €73,400 | €43,323 | -€30,077 | -41.0% |
| Stocks and contracts in progress | 3 | €13,159 | €9,004 | -€4,155 | -31.6% |
| Stocks | 30/36 | €13,159 | €9,004 | -€4,155 | -31.6% |
| Amounts receivable within one year | 40/41 | €53,685 | €23,917 | -€29,768 | -55.4% |
| Trade receivables | 40 | €32,141 | - | -€32,141 | |
| Other amounts receivable | 41 | €21,543 | €23,917 | +€2,374 | +11.0% |
| Cash at bank and in hand | 54/58 | €6,556 | €10,402 | +€3,846 | +58.7% |
| Total equity and liabilities | 10/49 | €81,869 | €51,792 | -€30,077 | -36.7% |
| Equity | 10/15 | €31,846 | €35,174 | +€3,328 | +10.5% |
| Contributions | 10/11 | €14,600 | €14,600 | = | 0.0% |
| Reserves | 13 | €616 | €616 | = | 0.0% |
| Non-distributable reserves | 130/1 | €616 | €616 | = | 0.0% |
| Reserves not available under the articles | 1311 | €616 | €616 | = | 0.0% |
| Profit (loss) carried forward | 14 | €16,630 | €19,958 | +€3,328 | +20.0% |
| Amounts payable | 17/49 | €50,023 | €16,618 | -€33,405 | -66.8% |
| Amounts payable within one year | 42/48 | €50,023 | €16,618 | -€33,405 | -66.8% |
| Trade debts | 44 | €37,025 | €5,061 | -€31,964 | -86.3% |
| Suppliers | 440/4 | €37,025 | €5,061 | -€31,964 | -86.3% |
| Taxes, remuneration and social security | 45 | €10,998 | €9,558 | -€1,441 | -13.1% |
| Taxes | 450/3 | €1,793 | €9,558 | +€7,765 | +433.0% |
| Remuneration and social security | 454/9 | €9,205 | - | -€9,205 | |
| Other amounts payable | 47/48 | €2,000 | €2,000 | = | 0.0% |
| Turnover | 70 | €200,587 | €199,333 | -€1,254 | -0.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €135,219 | €139,439 | +€4,220 | +3.1% |
| Remuneration, social security and pensions | 62 | €62,601 | €53,590 | -€9,011 | -14.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €451 | - | -€451 | |
| Other operating charges | 640/8 | €701 | €711 | +€11 | +1.5% |
| Gross operating margin | 9900 | €65,423 | €59,931 | -€5,492 | -8.4% |
| Operating profit (loss) | 9901 | €1,670 | €5,630 | +€3,959 | +237.0% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €1,335 | €1,301 | -€34 | -2.5% |
| Recurring financial charges | 65 | €1,335 | €1,301 | -€34 | -2.5% |
| Profit (loss) for the period before taxes | 9903 | €335 | €4,328 | +€3,993 | +1192.3% |
| Income taxes | 67/77 | €87 | €1,000 | +€913 | +1045.9% |
| Profit (loss) for the period | 9904 | €248 | €3,328 | +€3,080 | +1243.9% |
| Profit (loss) for the period to be appropriated | 9905 | €248 | €3,328 | +€3,080 | +1243.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.