ALLTOPE: what changed
Two fiscal 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.
ALLTOPE
Largest movements
- Receivables within one year +€1.7m
up €1.7m (+32.1%), from €5.2m to €6.9m
of which Other amounts receivable: +€1.7m
- Financial fixed assets +€1.1m
up €1.1m (+17.5%), from €6.1m to €7.2m
- Current investments -€750,000
down €750,000 (-71.4%), from €1.1m to €300,000
- Cash +€609,194
up €609,194 (+347.6%), from €175,268 to €784,461
mainly Net result for the year (+€2.2m) and Current investments (+€750,000)
- Reserves +€2.2m
up €2.2m (+34.7%), from €6.3m to €8.5m
of which Distributable reserves: +€1.9m
- Financial income +€545,477
up €545,477 (+35.4%), from €1.5m to €2.1m
- Gross operating margin -€44,349
down €44,349 (-7.7%), from €575,728 to €531,379
- Taxes +€17,378
up €17,378 (+9.3%), from €187,394 to €204,772
- Financial charges +€16,617
up €16,617 (+9.3%), from €178,742 to €195,359
- Other operating charges -€11,950
down €11,950 (-70.2%), from €17,021 to €5,071
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 | €13,664,681 | €16,102,908 | +€2.4m | +17.8% |
| Fixed assets | 21/28 | €6,631,422 | €7,673,941 | +€1.0m | +15.7% |
| Tangible fixed assets | 22/27 | €481,454 | €446,720 | -€34,734 | -7.2% |
| Land and buildings | 22 | €393,361 | €380,581 | -€12,780 | -3.2% |
| Plant, machinery and equipment | 23 | €3,462 | €3,790 | +€329 | +9.5% |
| Furniture and vehicles | 24 | €84,631 | €62,349 | -€22,282 | -26.3% |
| Financial fixed assets | 28 | €6,149,968 | €7,227,221 | +€1.1m | +17.5% |
| Current assets | 29/58 | €7,033,259 | €8,428,967 | +€1.4m | +19.8% |
| Amounts receivable after more than one year | 29 | €542,969 | €398,236 | -€144,733 | -26.7% |
| Other amounts receivable | 291 | €542,969 | €398,236 | -€144,733 | -26.7% |
| Amounts receivable within one year | 40/41 | €5,242,908 | €6,924,337 | +€1.7m | +32.1% |
| Trade receivables | 40 | €1,447 | €25,762 | +€24,315 | +1680.9% |
| Other amounts receivable | 41 | €5,241,462 | €6,898,575 | +€1.7m | +31.6% |
| Current investments | 50/53 | €1,050,000 | €300,000 | -€750,000 | -71.4% |
| Cash at bank and in hand | 54/58 | €175,268 | €784,461 | +€609,194 | +347.6% |
| Deferred charges and accrued income | 490/1 | €22,115 | €21,932 | -€182 | -0.8% |
| Total equity and liabilities | 10/49 | €13,664,681 | €16,102,908 | +€2.4m | +17.8% |
| Equity | 10/15 | €10,650,749 | €12,828,935 | +€2.2m | +20.5% |
| Contributions | 10/11 | €4,375,000 | €4,375,000 | = | 0.0% |
| Reserves | 13 | €6,275,749 | €8,453,935 | +€2.2m | +34.7% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €241,597 | €481,567 | +€239,970 | +99.3% |
| Distributable reserves | 133 | €6,034,152 | €7,972,368 | +€1.9m | +32.1% |
| Provisions and deferred taxes | 16 | €38,432 | €38,432 | = | 0.0% |
| Deferred taxes | 168 | €38,432 | €38,432 | = | 0.0% |
| Amounts payable | 17/49 | €2,975,500 | €3,235,541 | +€260,041 | +8.7% |
| Amounts payable after more than one year | 17 | €1,619,282 | €1,764,390 | +€145,108 | +9.0% |
| Financial debts | 170/4 | €1,619,282 | €1,764,390 | +€145,108 | +9.0% |
| Amounts payable within one year | 42/48 | €1,355,215 | €1,471,151 | +€115,936 | +8.6% |
| Current portion of amounts payable after more than one year | 42 | €263,300 | €298,892 | +€35,593 | +13.5% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €5,571 | €17,812 | +€12,241 | +219.7% |
| Suppliers | 440/4 | €5,571 | €17,812 | +€12,241 | +219.7% |
| Taxes, remuneration and social security | 45 | €33,349 | €24,945 | -€8,404 | -25.2% |
| Taxes | 450/3 | €33,349 | €24,945 | -€8,404 | -25.2% |
| Other amounts payable | 47/48 | €1,052,995 | €1,129,502 | +€76,507 | +7.3% |
| Accrued charges and deferred income | 492/3 | €1,003 | - | -€1,003 | |
| Non-recurring operating income | 76A | €10,860 | - | -€10,860 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,538 | €36,284 | -€9,254 | -20.3% |
| Other operating charges | 640/8 | €17,021 | €5,071 | -€11,950 | -70.2% |
| Gross operating margin | 9900 | €575,728 | €531,379 | -€44,349 | -7.7% |
| Operating profit (loss) | 9901 | €513,169 | €490,024 | -€23,145 | -4.5% |
| Financial income | 75/76B | €1,542,816 | €2,088,293 | +€545,477 | +35.4% |
| Recurring financial income | 75 | €1,542,816 | €2,088,293 | +€545,477 | +35.4% |
| Financial charges | 65/66B | €178,742 | €195,359 | +€16,617 | +9.3% |
| Recurring financial charges | 65 | €178,742 | €195,359 | +€16,617 | +9.3% |
| Profit (loss) for the period before taxes | 9903 | €1,877,243 | €2,382,958 | +€505,715 | +26.9% |
| Transfer to deferred taxes | 680 | €0 | - | = | |
| Income taxes | 67/77 | €187,394 | €204,772 | +€17,378 | +9.3% |
| Profit (loss) for the period | 9904 | €1,689,849 | €2,178,186 | +€488,337 | +28.9% |
| Transfer from tax-exempt reserves | 789 | €24,920 | - | -€24,920 | |
| Transfer to tax-exempt reserves | 689 | €0 | €239,970 | +€239,970 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,714,769 | €1,938,216 | +€223,447 | +13.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.