AGENCE ALTER: 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.
AGENCE ALTER
Largest movements
- Cash -€19,215
down €19,215 (-24.4%), from €78,801 to €59,586
mainly Accrued charges and deferred income (-€24,055) and Investment in fixed assets (net) (-€5,537)
- Receivables within one year +€3,915
up €3,915 (+2.9%), from €135,916 to €139,831
of which Other amounts receivable: +€6,230
- Tangible fixed assets +€3,637
new in 2025: €3,637
- Accrued charges and deferred income -€24,055
down €24,055 (-20.5%), from €117,233 to €93,178
- Profit (loss) carried forward +€8,024
up €8,024 (+28.3%), from -€28,355 to -€20,331
- Debts within one year +€4,207
up €4,207 (+6.9%), from €60,642 to €64,849
of which Tax, wage and social debts: +€6,278
- Gross operating margin -€35,028
down €35,028 (-7.6%), from €458,876 to €423,848
- Purchases and services -€12,047
down €12,047 (-5.2%), from €230,582 to €218,535
- Staff costs +€10,515
up €10,515 (+2.6%), from €400,569 to €411,084
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.
Cash bridge derived
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 | €225,647 | €213,823 | -€11,824 | -5.2% |
| Fixed assets | 21/28 | €7,458 | €11,177 | +€3,719 | +49.9% |
| Intangible fixed assets | 21 | - | €0 | = | |
| Tangible fixed assets | 22/27 | - | €3,637 | +€3,637 | |
| Plant, machinery and equipment | 23 | - | €3,637 | +€3,637 | |
| Financial fixed assets | 28 | €7,458 | €7,540 | +€82 | +1.1% |
| Current assets | 29/58 | €218,189 | €202,646 | -€15,543 | -7.1% |
| Amounts receivable within one year | 40/41 | €135,916 | €139,831 | +€3,915 | +2.9% |
| Trade receivables | 40 | €2,400 | €85 | -€2,315 | -96.5% |
| Other amounts receivable | 41 | €133,516 | €139,746 | +€6,230 | +4.7% |
| Cash at bank and in hand | 54/58 | €78,801 | €59,586 | -€19,215 | -24.4% |
| Deferred charges and accrued income | 490/1 | €3,472 | €3,229 | -€243 | -7.0% |
| Total equity and liabilities | 10/49 | €225,647 | €213,823 | -€11,824 | -5.2% |
| Equity | 10/15 | €47,772 | €55,796 | +€8,024 | +16.8% |
| Contributions | 10/11 | €76,127 | €76,127 | = | 0.0% |
| Capital | 10 | €76,127 | €76,127 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€28,355 | -€20,331 | +€8,024 | +28.3% |
| Amounts payable | 17/49 | €177,875 | €158,027 | -€19,848 | -11.2% |
| Amounts payable within one year | 42/48 | €60,642 | €64,849 | +€4,207 | +6.9% |
| Trade debts | 44 | €15,032 | €2,246 | -€12,786 | -85.1% |
| Suppliers | 440/4 | €15,032 | €2,246 | -€12,786 | -85.1% |
| Taxes, remuneration and social security | 45 | €40,106 | €46,384 | +€6,278 | +15.7% |
| Taxes | 450/3 | €599 | €851 | +€252 | +42.1% |
| Remuneration and social security | 454/9 | €39,507 | €45,533 | +€6,026 | +15.3% |
| Accrued charges and deferred income | 492/3 | €117,233 | €93,178 | -€24,055 | -20.5% |
| Turnover | 70 | €36,470 | €33,498 | -€2,972 | -8.1% |
| Membership fees, donations, legacies and grants | 73 | €634,889 | €584,807 | -€50,082 | -7.9% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €230,582 | €218,535 | -€12,047 | -5.2% |
| Remuneration, social security and pensions | 62 | €400,569 | €411,084 | +€10,515 | +2.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €631 | €1,818 | +€1,187 | +188.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€879 | €0 | +€879 | |
| Gross operating margin | 9900 | €458,876 | €423,848 | -€35,028 | -7.6% |
| Operating profit (loss) | 9901 | €58,555 | €10,946 | -€47,609 | -81.3% |
| Financial income | 75/76B | €3,920 | €196 | -€3,724 | -95.0% |
| Recurring financial income | 75 | €3,920 | €196 | -€3,724 | -95.0% |
| Non-recurring financial income | 76B | - | €0 | = | |
| Financial charges | 65/66B | €4,881 | €2,878 | -€2,003 | -41.0% |
| Recurring financial charges | 65 | €4,881 | €2,878 | -€2,003 | -41.0% |
| Profit (loss) for the period before taxes | 9903 | €57,594 | €8,264 | -€49,330 | -85.7% |
| Income taxes | 67/77 | €849 | - | -€849 | |
| Profit (loss) for the period | 9904 | €56,745 | €8,264 | -€48,481 | -85.4% |
| Transfer to tax-exempt reserves | 689 | - | €240 | +€240 | |
| Profit (loss) for the period to be appropriated | 9905 | €56,745 | €8,024 | -€48,721 | -85.9% |
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 12 October 2026 via checked.be.