Alt-O Services: 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-O Services
Largest movements
- Receivables within one year +€17,395
up €17,395 (+113%), from €15,428 to €32,823
of which Trade receivables: +€17,395
- Cash -€2,153
down €2,153 (-2.4%), from €89,518 to €87,365
mainly Contributions, distributions and other (-€70,552) and Receivables within one year (-€17,395)
- Tangible fixed assets -€1,867
down €1,867 (-66.7%), from €2,802 to €934
of which Furniture and vehicles: -€1,595
- Trade debts +€13,186
up €13,186 (+1,505%), from €876 to €14,062
- Tax, wage and social debts +€4,193
up €4,193 (+125%), from €3,360 to €7,554
- Other debts -€3,947
down €3,947 (-4.5%), from €87,061 to €83,114
- Gross operating margin +€4,181
up €4,181 (+4.8%), from €87,442 to €91,623
- Taxes +€1,021
up €1,021 (+5.8%), from €17,601 to €18,622
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 | €109,897 | €123,330 | +€13,433 | +12.2% |
| Fixed assets | 21/28 | €2,802 | €934 | -€1,867 | -66.7% |
| Tangible fixed assets | 22/27 | €2,802 | €934 | -€1,867 | -66.7% |
| Plant, machinery and equipment | 23 | €699 | €426 | -€273 | -39.0% |
| Furniture and vehicles | 24 | €2,103 | €508 | -€1,595 | -75.8% |
| Current assets | 29/58 | €107,095 | €122,395 | +€15,300 | +14.3% |
| Amounts receivable within one year | 40/41 | €15,428 | €32,823 | +€17,395 | +113% |
| Trade receivables | 40 | €15,428 | €32,823 | +€17,395 | +113% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €89,518 | €87,365 | -€2,153 | -2.4% |
| Deferred charges and accrued income | 490/1 | €2,150 | €2,207 | +€58 | +2.7% |
| Total equity and liabilities | 10/49 | €109,897 | €123,330 | +€13,433 | +12.2% |
| Equity | 10/15 | €18,600 | €18,600 | = | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €91,297 | €104,730 | +€13,433 | +14.7% |
| Amounts payable within one year | 42/48 | €91,297 | €104,730 | +€13,433 | +14.7% |
| Financial debts | 43 | - | €0 | +€0 | |
| Credit institutions | 430/8 | - | €0 | +€0 | |
| Trade debts | 44 | €876 | €14,062 | +€13,186 | +1,505% |
| Suppliers | 440/4 | €876 | €14,062 | +€13,186 | +1,505% |
| Taxes, remuneration and social security | 45 | €3,360 | €7,554 | +€4,193 | +125% |
| Taxes | 450/3 | €3,360 | €7,554 | +€4,193 | +125% |
| Other amounts payable | 47/48 | €87,061 | €83,114 | -€3,947 | -4.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,324 | €1,867 | -€457 | -19.7% |
| Other operating charges | 640/8 | €558 | €520 | -€39 | -6.9% |
| Gross operating margin | 9900 | €87,442 | €91,623 | +€4,181 | +4.8% |
| Operating profit (loss) | 9901 | €84,559 | €89,236 | +€4,676 | +5.5% |
| Financial charges | 65/66B | €59 | €62 | +€3 | +4.4% |
| Recurring financial charges | 65 | €59 | €62 | +€3 | +4.4% |
| Profit (loss) for the period before taxes | 9903 | €84,500 | €89,174 | +€4,674 | +5.5% |
| Income taxes | 67/77 | €17,601 | €18,622 | +€1,021 | +5.8% |
| Profit (loss) for the period | 9904 | €66,899 | €70,552 | +€3,653 | +5.5% |
| Profit (loss) for the period to be appropriated | 9905 | €66,899 | €70,552 | +€3,653 | +5.5% |
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 18 October 2026 via checked.be.