ALT-SEL: 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.
ALT-SEL
Largest movements
- Cash -€5,290
no longer reported in 2024 (was €5,290)
mainly Contributions, distributions and other (-€5,201) and Net result for the year (-€1,915)
- Contributions -€5,201
down €5,201 (-98.1%), from €5,303 to €102
- Profit (loss) carried forward -€1,916
down €1,916 (-18.6%), from -€10,319 to -€12,235
- Other debts +€1,815
up €1,815 (+15.2%), from €11,902 to €13,717
- Other operating charges -€2,851
no longer reported in 2024 (was €2,851)
- Gross operating margin -€1,815
new in 2024: -€1,815
- Financial charges -€53
down €53 (-34.7%), from €153 to €100
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,886 | €1,596 | -€5,290 | -76.8% |
| Current assets | 29/58 | €6,886 | €1,596 | -€5,290 | -76.8% |
| Amounts receivable within one year | 40/41 | €1,596 | €1,596 | +€0 | 0.0% |
| Other amounts receivable | 41 | €1,596 | €1,596 | +€0 | 0.0% |
| Cash at bank and in hand | 54/58 | €5,290 | - | -€5,290 | |
| Total equity and liabilities | 10/49 | €6,886 | €1,596 | -€5,290 | -76.8% |
| Equity | 10/15 | -€5,017 | -€12,133 | -€7,116 | -141.8% |
| Contributions | 10/11 | €5,303 | €102 | -€5,201 | -98.1% |
| Profit (loss) carried forward | 14 | -€10,319 | -€12,235 | -€1,916 | -18.6% |
| Amounts payable | 17/49 | €11,902 | €13,729 | +€1,827 | +15.3% |
| Amounts payable within one year | 42/48 | €11,902 | €13,729 | +€1,827 | +15.3% |
| Trade debts | 44 | - | €12 | +€12 | |
| Bills of exchange payable | 441 | - | €12 | +€12 | |
| Other amounts payable | 47/48 | €11,902 | €13,717 | +€1,815 | +15.2% |
| Other operating charges | 640/8 | €2,851 | - | -€2,851 | |
| Gross operating margin | 9900 | - | -€1,815 | -€1,815 | |
| Operating profit (loss) | 9901 | -€2,851 | -€1,815 | +€1,036 | +36.3% |
| Financial charges | 65/66B | €153 | €100 | -€53 | -34.7% |
| Recurring financial charges | 65 | €153 | €100 | -€53 | -34.7% |
| Profit (loss) for the period before taxes | 9903 | -€3,004 | -€1,915 | +€1,089 | +36.2% |
| Profit (loss) for the period | 9904 | -€3,004 | -€1,915 | +€1,089 | +36.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,004 | -€1,915 | +€1,089 | +36.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.