DS Antiques: 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.
DS Antiques
Largest movements
- Receivables within one year -€19,303
down €19,303 (-47.5%), from €40,655 to €21,352
of which Trade receivables: -€19,139
- Stocks and contracts -€10,150
down €10,150 (-6.0%), from €168,500 to €158,350
- Other debts -€15,042
down €15,042 (-22.5%), from €66,863 to €51,821
- Debts after one year -€9,000
down €9,000 (-16.2%), from €55,569 to €46,569
- Tax, wage and social debts -€7,964
down €7,964 (-53.5%), from €14,889 to €6,924
of which Remuneration and social security: -€6,101
- Profit (loss) carried forward +€2,461
up €2,461 (+77.9%), from €3,160 to €5,621
- Staff costs -€36,408
down €36,408 (-50.2%), from €72,586 to €36,178
- Gross operating margin -€35,053
down €35,053 (-44.6%), from €78,617 to €43,565
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 | €213,241 | €183,925 | -€29,316 | -13.7% |
| Current assets | 29/58 | €213,241 | €183,925 | -€29,316 | -13.7% |
| Stocks and contracts in progress | 3 | €168,500 | €158,350 | -€10,150 | -6.0% |
| Stocks | 30/36 | €168,500 | €158,350 | -€10,150 | -6.0% |
| Amounts receivable within one year | 40/41 | €40,655 | €21,352 | -€19,303 | -47.5% |
| Trade receivables | 40 | €37,679 | €18,540 | -€19,139 | -50.8% |
| Other amounts receivable | 41 | €2,977 | €2,812 | -€165 | -5.5% |
| Cash at bank and in hand | 54/58 | €3,149 | €3,070 | -€79 | -2.5% |
| Deferred charges and accrued income | 490/1 | €936 | €1,153 | +€216 | +23.1% |
| Total equity and liabilities | 10/49 | €213,241 | €183,925 | -€29,316 | -13.7% |
| Equity | 10/15 | €23,731 | €26,192 | +€2,461 | +10.4% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €10,571 | €10,571 | = | 0.0% |
| Distributable reserves | 133 | €10,571 | €10,571 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,160 | €5,621 | +€2,461 | +77.9% |
| Amounts payable | 17/49 | €189,509 | €157,733 | -€31,776 | -16.8% |
| Amounts payable after more than one year | 17 | €55,569 | €46,569 | -€9,000 | -16.2% |
| Financial debts | 170/4 | €55,569 | €46,569 | -€9,000 | -16.2% |
| Amounts payable within one year | 42/48 | €133,940 | €111,164 | -€22,776 | -17.0% |
| Current portion of amounts payable after more than one year | 42 | €18,000 | €18,000 | = | 0.0% |
| Financial debts | 43 | €30,000 | €30,000 | = | 0.0% |
| Credit institutions | 430/8 | €30,000 | €30,000 | = | 0.0% |
| Trade debts | 44 | €4,189 | €4,418 | +€230 | +5.5% |
| Suppliers | 440/4 | €4,189 | €4,418 | +€230 | +5.5% |
| Taxes, remuneration and social security | 45 | €14,889 | €6,924 | -€7,964 | -53.5% |
| Taxes | 450/3 | €3,542 | €1,679 | -€1,863 | -52.6% |
| Remuneration and social security | 454/9 | €11,347 | €5,246 | -€6,101 | -53.8% |
| Other amounts payable | 47/48 | €66,863 | €51,821 | -€15,042 | -22.5% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €72,586 | €36,178 | -€36,408 | -50.2% |
| Other operating charges | 640/8 | €1,100 | €931 | -€169 | -15.4% |
| Gross operating margin | 9900 | €78,617 | €43,565 | -€35,053 | -44.6% |
| Operating profit (loss) | 9901 | €4,931 | €6,456 | +€1,525 | +30.9% |
| Financial income | 75/76B | €1 | €142 | +€141 | +23,139% |
| Recurring financial income | 75 | €1 | €142 | +€141 | +23,139% |
| Financial charges | 65/66B | €3,268 | €3,428 | +€160 | +4.9% |
| Recurring financial charges | 65 | €3,268 | €3,428 | +€160 | +4.9% |
| Profit (loss) for the period before taxes | 9903 | €1,664 | €3,169 | +€1,506 | +90.5% |
| Income taxes | 67/77 | €333 | €709 | +€376 | +113% |
| Profit (loss) for the period | 9904 | €1,331 | €2,461 | +€1,130 | +84.9% |
| Profit (loss) for the period to be appropriated | 9905 | €1,331 | €2,461 | +€1,130 | +84.9% |
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 18 October 2026 via checked.be.