AD ALTA: 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.
AD ALTA
Largest movements
- Tangible fixed assets -€26,993
down €26,993 (-40.1%), from €67,305 to €40,311
of which Leasing and similar rights: -€21,206
- Stocks and contracts +€12,184
up €12,184 (+21.6%), from €56,316 to €68,500
- Receivables within one year -€2,763
down €2,763 (-3.6%), from €76,997 to €74,234
of which Trade receivables: -€25,897
- Other debts -€20,148
down €20,148 (-31.9%), from €63,100 to €42,952
- Debts after one year -€18,489
down €18,489 (-64.8%), from €28,528 to €10,039
- Short-term financial debts +€17,620
up €17,620 (+454%), from €3,878 to €21,498
- Trade debts +€3,075
up €3,075 (+6.7%), from €45,564 to €48,640
- Gross operating margin +€16,553
up €16,553 (+99.7%), from €16,597 to €33,150
- Taxes +€1,354
new in 2023: €1,354
- Financial income +€1,126
up €1,126 (+82.7%), from €1,361 to €2,486
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €201,722 | €184,094 | -€17,628 | -8.7% |
| Fixed assets | 21/28 | €67,705 | €40,711 | -€26,993 | -39.9% |
| Tangible fixed assets | 22/27 | €67,305 | €40,311 | -€26,993 | -40.1% |
| Plant, machinery and equipment | 23 | €16,099 | €10,855 | -€5,244 | -32.6% |
| Furniture and vehicles | 24 | €2,420 | €1,877 | -€544 | -22.5% |
| Leasing and similar rights | 25 | €48,785 | €27,579 | -€21,206 | -43.5% |
| Financial fixed assets | 28 | €400 | €400 | = | 0.0% |
| Current assets | 29/58 | €134,017 | €143,383 | +€9,366 | +7.0% |
| Stocks and contracts in progress | 3 | €56,316 | €68,500 | +€12,184 | +21.6% |
| Stocks | 30/36 | €56,316 | €68,500 | +€12,184 | +21.6% |
| Amounts receivable within one year | 40/41 | €76,997 | €74,234 | -€2,763 | -3.6% |
| Trade receivables | 40 | €38,577 | €12,680 | -€25,897 | -67.1% |
| Other amounts receivable | 41 | €38,420 | €61,554 | +€23,134 | +60.2% |
| Cash at bank and in hand | 54/58 | €704 | €649 | -€55 | -7.8% |
| Total equity and liabilities | 10/49 | €201,722 | €184,094 | -€17,628 | -8.7% |
| Equity | 10/15 | €38,660 | €38,708 | +€48 | +0.1% |
| Contributions | 10/11 | €68,600 | €68,600 | = | 0.0% |
| Contributions outside capital | 11 | €68,600 | €68,600 | = | 0.0% |
| Other | 1109/19 | €68,600 | €68,600 | = | 0.0% |
| Reserves | 13 | €16,705 | €16,705 | = | 0.0% |
| Non-distributable reserves | 130/1 | €835 | €835 | = | 0.0% |
| Reserves not available under the articles | 1311 | €835 | €835 | = | 0.0% |
| Distributable reserves | 133 | €15,870 | €15,870 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€46,645 | -€46,597 | +€48 | +0.1% |
| Amounts payable | 17/49 | €163,062 | €145,387 | -€17,676 | -10.8% |
| Amounts payable after more than one year | 17 | €28,528 | €10,039 | -€18,489 | -64.8% |
| Financial debts | 170/4 | €28,528 | €10,039 | -€18,489 | -64.8% |
| Amounts payable within one year | 42/48 | €134,534 | €135,348 | +€814 | +0.6% |
| Current portion of amounts payable after more than one year | 42 | €17,776 | €18,489 | +€714 | +4.0% |
| Financial debts | 43 | €3,878 | €21,498 | +€17,620 | +454% |
| Credit institutions | 430/8 | €3,878 | €21,498 | +€17,620 | +454% |
| Trade debts | 44 | €45,564 | €48,640 | +€3,075 | +6.7% |
| Suppliers | 440/4 | €45,564 | €48,640 | +€3,075 | +6.7% |
| Taxes, remuneration and social security | 45 | €4,215 | €3,768 | -€447 | -10.6% |
| Taxes | 450/3 | €4,215 | €3,768 | -€447 | -10.6% |
| Other amounts payable | 47/48 | €63,100 | €42,952 | -€20,148 | -31.9% |
| Non-recurring operating income | 76A | €2,580 | - | -€2,580 | |
| Remuneration, social security and pensions | 62 | €146 | - | -€146 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,408 | €28,501 | +€93 | +0.3% |
| Other operating charges | 640/8 | €951 | €967 | +€15 | +1.6% |
| Non-recurring operating charges | 66A | €6,319 | - | -€6,319 | |
| Gross operating margin | 9900 | €16,597 | €33,150 | +€16,553 | +99.7% |
| Operating profit (loss) | 9901 | -€19,228 | €3,682 | +€22,910 | |
| Financial income | 75/76B | €1,361 | €2,486 | +€1,126 | +82.7% |
| Recurring financial income | 75 | €1,361 | €2,486 | +€1,126 | +82.7% |
| Financial charges | 65/66B | €4,745 | €4,768 | +€23 | +0.5% |
| Recurring financial charges | 65 | €4,745 | €4,768 | +€23 | +0.5% |
| Profit (loss) for the period before taxes | 9903 | -€22,611 | €1,401 | +€24,013 | |
| Income taxes | 67/77 | - | €1,354 | +€1,354 | |
| Profit (loss) for the period | 9904 | -€22,611 | €48 | +€22,659 | |
| Profit (loss) for the period to be appropriated | 9905 | -€22,611 | €48 | +€22,659 |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.