ALT architectuur: what changed
ALT architectuur
Largest movements
- Current investments -€100,000
no longer reported in 2025 (was €100,000)
- Tangible fixed assets -€14,989
down €14,989 (-62.9%), from €23,816 to €8,827
of which Furniture and vehicles: -€12,261
- Cash +€7,206
up €7,206 (+12.3%), from €58,623 to €65,829
mainly Current investments (+€100,000) and Net result for the year (+€47,834)
- Reserves -€57,935
down €57,935 (-33.9%), from €170,985 to €113,050
- Trade debts -€17,974
down €17,974 (-95.6%), from €18,802 to €828
- Other debts -€13,821
no longer reported in 2025 (was €13,821)
- Current portion of long-term debt -€8,186
down €8,186 (-74.9%), from €10,934 to €2,748
- Tax, wage and social debts -€5,103
down €5,103 (-24.4%), from €20,932 to €15,829
- Gross operating margin -€47,517
down €47,517 (-36.2%), from €131,325 to €83,808
- Taxes -€12,893
down €12,893 (-35.1%), from €36,726 to €23,833
- Depreciation -€3,658
down €3,658 (-19.6%), from €18,647 to €14,989
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €250,623 | €144,855 | -€105,768 | -42.2% |
| Fixed assets | 21/28 | €23,816 | €8,827 | -€14,989 | -62.9% |
| Tangible fixed assets | 22/27 | €23,816 | €8,827 | -€14,989 | -62.9% |
| Plant, machinery and equipment | 23 | €7,974 | €5,246 | -€2,728 | -34.2% |
| Furniture and vehicles | 24 | €15,842 | €3,581 | -€12,261 | -77.4% |
| Current assets | 29/58 | €226,807 | €136,028 | -€90,779 | -40.0% |
| Amounts receivable within one year | 40/41 | €67,716 | €69,716 | +€2,000 | +3.0% |
| Trade receivables | 40 | €56,087 | €56,791 | +€704 | +1.3% |
| Other amounts receivable | 41 | €11,629 | €12,925 | +€1,296 | +11.1% |
| Current investments | 50/53 | €100,000 | - | -€100,000 | |
| Cash at bank and in hand | 54/58 | €58,623 | €65,829 | +€7,206 | +12.3% |
| Deferred charges and accrued income | 490/1 | €468 | €483 | +€15 | +3.2% |
| Total equity and liabilities | 10/49 | €250,623 | €144,855 | -€105,768 | -42.2% |
| Equity | 10/15 | €183,386 | €125,450 | -€57,936 | -31.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €170,985 | €113,050 | -€57,935 | -33.9% |
| Distributable reserves | 133 | €170,985 | €113,050 | -€57,935 | -33.9% |
| Profit (loss) carried forward | 14 | €1 | - | -€1 | |
| Amounts payable | 17/49 | €67,237 | €19,405 | -€47,832 | -71.1% |
| Amounts payable after more than one year | 17 | €2,748 | - | -€2,748 | |
| Financial debts | 170/4 | €2,748 | - | -€2,748 | |
| Amounts payable within one year | 42/48 | €64,489 | €19,405 | -€45,084 | -69.9% |
| Current portion of amounts payable after more than one year | 42 | €10,934 | €2,748 | -€8,186 | -74.9% |
| Trade debts | 44 | €18,802 | €828 | -€17,974 | -95.6% |
| Suppliers | 440/4 | €18,802 | €828 | -€17,974 | -95.6% |
| Taxes, remuneration and social security | 45 | €20,932 | €15,829 | -€5,103 | -24.4% |
| Taxes | 450/3 | €20,932 | €15,829 | -€5,103 | -24.4% |
| Other amounts payable | 47/48 | €13,821 | - | -€13,821 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,647 | €14,989 | -€3,658 | -19.6% |
| Other operating charges | 640/8 | €141 | €144 | +€3 | +2.1% |
| Gross operating margin | 9900 | €131,325 | €83,808 | -€47,517 | -36.2% |
| Operating profit (loss) | 9901 | €112,537 | €68,675 | -€43,862 | -39.0% |
| Financial income | 75/76B | €3,849 | €3,342 | -€507 | -13.2% |
| Recurring financial income | 75 | €3,849 | €3,342 | -€507 | -13.2% |
| Financial charges | 65/66B | €461 | €350 | -€111 | -24.1% |
| Recurring financial charges | 65 | €461 | €350 | -€111 | -24.1% |
| Profit (loss) for the period before taxes | 9903 | €115,925 | €71,667 | -€44,258 | -38.2% |
| Income taxes | 67/77 | €36,726 | €23,833 | -€12,893 | -35.1% |
| Profit (loss) for the period | 9904 | €79,199 | €47,834 | -€31,365 | -39.6% |
| Profit (loss) for the period to be appropriated | 9905 | €79,199 | €47,834 | -€31,365 | -39.6% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.