ST. ANTOINE: 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.
ST. ANTOINE
Largest movements
- Tangible fixed assets -€18,155
down €18,155 (-14.9%), from €121,566 to €103,411
of which Land and buildings: -€18,937
- Receivables within one year +€12,663
up €12,663 (+698%), from €1,814 to €14,477
of which Other amounts receivable: +€14,477
- Cash +€2,623
up €2,623 (+786%), from €334 to €2,957
mainly Net result for the year (+€22,681) and Depreciation (+€20,631)
- Profit (loss) carried forward +€22,681
up €22,681 (+25.6%), from -€88,504 to -€65,823
- Other debts -€11,346
no longer reported in 2025 (was €11,346)
- Debts after one year -€8,927
down €8,927 (-7.2%), from €123,675 to €114,748
of which Financial debts: -€12,039
- Trade debts -€4,849
down €4,849 (-74.4%), from €6,516 to €1,667
- Gross operating margin +€43,421
up €43,421 (+558%), from €7,787 to €51,208
- Depreciation -€6,440
down €6,440 (-23.8%), from €27,071 to €20,631
- Other operating charges +€512
up €512 (+39.4%), from €1,301 to €1,814
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 | €126,181 | €123,943 | -€2,237 | -1.8% |
| Fixed assets | 21/28 | €121,566 | €103,411 | -€18,155 | -14.9% |
| Tangible fixed assets | 22/27 | €121,566 | €103,411 | -€18,155 | -14.9% |
| Land and buildings | 22 | €117,860 | €98,924 | -€18,937 | -16.1% |
| Furniture and vehicles | 24 | €3,706 | €4,487 | +€781 | +21.1% |
| Current assets | 29/58 | €4,614 | €20,532 | +€15,918 | +345% |
| Amounts receivable within one year | 40/41 | €1,814 | €14,477 | +€12,663 | +698% |
| Trade receivables | 40 | €1,814 | - | -€1,814 | |
| Other amounts receivable | 41 | - | €14,477 | +€14,477 | |
| Cash at bank and in hand | 54/58 | €334 | €2,957 | +€2,623 | +786% |
| Deferred charges and accrued income | 490/1 | €2,466 | €3,098 | +€632 | +25.6% |
| Total equity and liabilities | 10/49 | €126,181 | €123,943 | -€2,237 | -1.8% |
| Equity | 10/15 | -€27,304 | -€4,623 | +€22,681 | +83.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €55,000 | €55,000 | = | 0.0% |
| Distributable reserves | 133 | €55,000 | €55,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€88,504 | -€65,823 | +€22,681 | +25.6% |
| Amounts payable | 17/49 | €153,485 | €128,567 | -€24,918 | -16.2% |
| Amounts payable after more than one year | 17 | €123,675 | €114,748 | -€8,927 | -7.2% |
| Financial debts | 170/4 | €123,675 | €111,636 | -€12,039 | -9.7% |
| Other amounts payable | 178/9 | - | €3,112 | +€3,112 | |
| Amounts payable within one year | 42/48 | €29,809 | €13,818 | -€15,991 | -53.6% |
| Current portion of amounts payable after more than one year | 42 | €11,550 | €12,039 | +€489 | +4.2% |
| Trade debts | 44 | €6,516 | €1,667 | -€4,849 | -74.4% |
| Suppliers | 440/4 | €6,516 | €1,667 | -€4,849 | -74.4% |
| Advances received on contracts in progress | 46 | - | €63 | +€63 | |
| Taxes, remuneration and social security | 45 | €397 | €50 | -€347 | -87.4% |
| Taxes | 450/3 | €397 | €50 | -€347 | -87.4% |
| Other amounts payable | 47/48 | €11,346 | - | -€11,346 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,071 | €20,631 | -€6,440 | -23.8% |
| Other operating charges | 640/8 | €1,301 | €1,814 | +€512 | +39.4% |
| Gross operating margin | 9900 | €7,787 | €51,208 | +€43,421 | +558% |
| Operating profit (loss) | 9901 | -€20,586 | €28,764 | +€49,349 | |
| Financial income | 75/76B | €46 | €1 | -€46 | -98.9% |
| Recurring financial income | 75 | €46 | €1 | -€46 | -98.9% |
| Financial charges | 65/66B | €6,245 | €6,083 | -€162 | -2.6% |
| Recurring financial charges | 65 | €6,245 | €6,083 | -€162 | -2.6% |
| Profit (loss) for the period before taxes | 9903 | -€26,785 | €22,681 | +€49,466 | |
| Profit (loss) for the period | 9904 | -€26,785 | €22,681 | +€49,466 | |
| Profit (loss) for the period to be appropriated | 9905 | -€26,785 | €22,681 | +€49,466 |
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 25 October 2026 via checked.be.