Alt-Frame Architecture: 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.
Alt-Frame Architecture
Largest movements
- Tangible fixed assets -€32,429
down €32,429 (-51.1%), from €63,414 to €30,986
of which Furniture and vehicles: -€27,150
- Receivables within one year -€18,682
down €18,682 (-37.7%), from €49,527 to €30,846
of which Other amounts receivable: -€11,938
- Cash +€8,102
up €8,102 (+547%), from €1,482 to €9,584
mainly Investment in fixed assets (net) (+€26,666) and Receivables within one year (+€18,682)
- Trade debts -€24,311
down €24,311 (-67.4%), from €36,046 to €11,736
- Profit (loss) carried forward -€16,724
down €16,724 (-31.0%), from -€54,008 to -€70,731
- Other debts +€6,344
up €6,344 (+7.7%), from €82,061 to €88,405
- Debts after one year -€5,931
down €5,931 (-18.9%), from €31,465 to €25,534
- Tax, wage and social debts +€2,307
up €2,307 (+44.1%), from €5,235 to €7,542
of which Remuneration and social security: +€1,900
- Gross operating margin +€17,768
up €17,768 (+72.3%), from -€24,560 to -€6,792
- Depreciation -€6,718
down €6,718 (-53.8%), from €12,481 to €5,762
- Other operating charges -€1,305
no longer reported in 2025 (was €1,305)
- Staff costs +€880
up €880 (+100%), from €880 to €1,760
- Financial charges -€432
down €432 (-15.5%), from €2,791 to €2,359
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 | €114,424 | €71,416 | -€43,008 | -37.6% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €63,414 | €30,986 | -€32,429 | -51.1% |
| Tangible fixed assets | 22/27 | €63,414 | €30,986 | -€32,429 | -51.1% |
| Plant, machinery and equipment | 23 | €33,359 | €28,081 | -€5,278 | -15.8% |
| Furniture and vehicles | 24 | €30,055 | €2,905 | -€27,150 | -90.3% |
| Current assets | 29/58 | €51,009 | €40,430 | -€10,580 | -20.7% |
| Amounts receivable within one year | 40/41 | €49,527 | €30,846 | -€18,682 | -37.7% |
| Trade receivables | 40 | €37,527 | €30,784 | -€6,744 | -18.0% |
| Other amounts receivable | 41 | €12,000 | €62 | -€11,938 | -99.5% |
| Cash at bank and in hand | 54/58 | €1,482 | €9,584 | +€8,102 | +547% |
| Total equity and liabilities | 10/49 | €114,424 | €71,416 | -€43,008 | -37.6% |
| Equity | 10/15 | -€51,008 | -€67,731 | -€16,724 | -32.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€54,008 | -€70,731 | -€16,724 | -31.0% |
| Amounts payable | 17/49 | €165,432 | €139,147 | -€26,284 | -15.9% |
| Amounts payable after more than one year | 17 | €31,465 | €25,534 | -€5,931 | -18.9% |
| Financial debts | 170/4 | €31,465 | €25,534 | -€5,931 | -18.9% |
| Amounts payable within one year | 42/48 | €133,087 | €113,614 | -€19,473 | -14.6% |
| Current portion of amounts payable after more than one year | 42 | €8,187 | €5,931 | -€2,256 | -27.6% |
| Financial debts | 43 | €1,558 | - | -€1,558 | |
| Credit institutions | 430/8 | €1,558 | - | -€1,558 | |
| Trade debts | 44 | €36,046 | €11,736 | -€24,311 | -67.4% |
| Suppliers | 440/4 | €36,046 | €11,736 | -€24,311 | -67.4% |
| Taxes, remuneration and social security | 45 | €5,235 | €7,542 | +€2,307 | +44.1% |
| Taxes | 450/3 | €5,235 | €5,642 | +€407 | +7.8% |
| Remuneration and social security | 454/9 | - | €1,900 | +€1,900 | |
| Other amounts payable | 47/48 | €82,061 | €88,405 | +€6,344 | +7.7% |
| Accrued charges and deferred income | 492/3 | €880 | - | -€880 | |
| Remuneration, social security and pensions | 62 | €880 | €1,760 | +€880 | +100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,481 | €5,762 | -€6,718 | -53.8% |
| Other operating charges | 640/8 | €1,305 | - | -€1,305 | |
| Gross operating margin | 9900 | -€24,560 | -€6,792 | +€17,768 | +72.3% |
| Operating profit (loss) | 9901 | -€39,226 | -€14,314 | +€24,912 | +63.5% |
| Financial income | 75/76B | €4 | - | -€4 | |
| Recurring financial income | 75 | €4 | - | -€4 | |
| Financial charges | 65/66B | €2,791 | €2,359 | -€432 | -15.5% |
| Recurring financial charges | 65 | €2,791 | €2,359 | -€432 | -15.5% |
| Profit (loss) for the period before taxes | 9903 | -€42,012 | -€16,673 | +€25,339 | +60.3% |
| Income taxes | 67/77 | €0 | €51 | +€51 | |
| Profit (loss) for the period | 9904 | -€42,012 | -€16,724 | +€25,289 | +60.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€42,012 | -€16,724 | +€25,289 | +60.2% |
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 22 October 2026 via checked.be.