3altitude: 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.
3altitude
Largest movements
- Cash +€80,149
up €80,149 (+286%), from €27,995 to €108,144
mainly Net result for the year (+€74,808) and Depreciation (+€36,380)
- Tangible fixed assets -€36,380
down €36,380 (-7.0%), from €522,083 to €485,703
of which Land and buildings: -€35,577
- Receivables within one year +€19,682
up €19,682 (+72.3%), from €27,204 to €46,886
of which Other amounts receivable: +€11,212
- Reserves +€74,808
up €74,808 (+29.4%), from €254,559 to €329,367
- Debts after one year -€28,143
down €28,143 (-56.9%), from €49,458 to €21,315
- Other debts +€10,394
up €10,394 (+5.0%), from €209,716 to €220,110
- Financial charges +€14,183
up €14,183 (+925%), from €1,534 to €15,717
- Taxes -€8,208
down €8,208 (-25.7%), from €31,996 to €23,788
- Gross operating margin +€3,285
up €3,285 (+2.2%), from €151,808 to €155,093
- Depreciation -€1,846
down €1,846 (-4.8%), from €38,226 to €36,380
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 | €577,283 | €640,734 | +€63,451 | +11.0% |
| Fixed assets | 21/28 | €522,083 | €485,703 | -€36,380 | -7.0% |
| Tangible fixed assets | 22/27 | €522,083 | €485,703 | -€36,380 | -7.0% |
| Land and buildings | 22 | €521,281 | €485,703 | -€35,577 | -6.8% |
| Furniture and vehicles | 24 | €803 | - | -€803 | |
| Current assets | 29/58 | €55,199 | €155,030 | +€99,831 | +181% |
| Amounts receivable within one year | 40/41 | €27,204 | €46,886 | +€19,682 | +72.3% |
| Trade receivables | 40 | €24,200 | €32,670 | +€8,470 | +35.0% |
| Other amounts receivable | 41 | €3,004 | €14,216 | +€11,212 | +373% |
| Cash at bank and in hand | 54/58 | €27,995 | €108,144 | +€80,149 | +286% |
| Total equity and liabilities | 10/49 | €577,283 | €640,734 | +€63,451 | +11.0% |
| Equity | 10/15 | €267,025 | €341,833 | +€74,808 | +28.0% |
| Contributions | 10/11 | €12,466 | €12,466 | = | 0.0% |
| Reserves | 13 | €254,559 | €329,367 | +€74,808 | +29.4% |
| Distributable reserves | 133 | €254,559 | €329,367 | +€74,808 | +29.4% |
| Amounts payable | 17/49 | €310,258 | €298,901 | -€11,357 | -3.7% |
| Amounts payable after more than one year | 17 | €49,458 | €21,315 | -€28,143 | -56.9% |
| Financial debts | 170/4 | €49,458 | €21,315 | -€28,143 | -56.9% |
| Amounts payable within one year | 42/48 | €260,800 | €277,586 | +€16,786 | +6.4% |
| Current portion of amounts payable after more than one year | 42 | €27,830 | €28,143 | +€313 | +1.1% |
| Trade debts | 44 | €6,282 | €8,822 | +€2,540 | +40.4% |
| Suppliers | 440/4 | €6,282 | €8,822 | +€2,540 | +40.4% |
| Taxes, remuneration and social security | 45 | €16,972 | €20,511 | +€3,540 | +20.9% |
| Taxes | 450/3 | €13,995 | €17,535 | +€3,540 | +25.3% |
| Remuneration and social security | 454/9 | €2,977 | €2,977 | = | 0.0% |
| Other amounts payable | 47/48 | €209,716 | €220,110 | +€10,394 | +5.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,226 | €36,380 | -€1,846 | -4.8% |
| Other operating charges | 640/8 | €5,930 | €4,557 | -€1,373 | -23.2% |
| Gross operating margin | 9900 | €151,808 | €155,093 | +€3,285 | +2.2% |
| Operating profit (loss) | 9901 | €107,653 | €114,157 | +€6,504 | +6.0% |
| Financial income | 75/76B | - | €156 | +€156 | |
| Recurring financial income | 75 | - | €156 | +€156 | |
| Financial charges | 65/66B | €1,534 | €15,717 | +€14,183 | +925% |
| Recurring financial charges | 65 | €1,534 | €15,717 | +€14,183 | +925% |
| Profit (loss) for the period before taxes | 9903 | €106,119 | €98,596 | -€7,523 | -7.1% |
| Income taxes | 67/77 | €31,996 | €23,788 | -€8,208 | -25.7% |
| Profit (loss) for the period | 9904 | €74,123 | €74,808 | +€685 | +0.9% |
| Profit (loss) for the period to be appropriated | 9905 | €74,123 | €74,808 | +€685 | +0.9% |
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 19 October 2026 via checked.be.