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Alt-U: 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.

What changed

Alt-U

BE 0768.873.666
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€5,864
2023 · €3,872+€1,993
Equity
€2,776
2023 · -€2,819+€5,595
Cash
€119
2023 · €2,347-€2,228
Balance sheet total
€16,020
2023 · €10,177+€5,843

Largest movements

2023 to 2024
Assets
  • Receivables within one year +€8,425

    up €8,425 (+116.1%), from €7,257 to €15,682

    of which Other amounts receivable: +€5,200

  • Cash -€2,228

    down €2,228 (-94.9%), from €2,347 to €119

    mainly Receivables within one year (-€8,425) and Tax, wage and social debts (-€370)

  • Tangible fixed assets -€354

    down €354 (-61.7%), from €573 to €220

Equity and liabilities
  • Profit (loss) carried forward +€5,595

    up €5,595, from -€2,919 to €2,676

  • Tax, wage and social debts -€370

    down €370 (-20.4%), from €1,819 to €1,448

  • Accrued charges and deferred income +€334

    new in 2024: €334

  • Trade debts +€285

    up €285 (+24.2%), from €1,176 to €1,461

Income statement
  • Turnover -€7,174

    no longer reported in 2024 (was €7,174)

  • Gross operating margin +€2,853

    up €2,853 (+65.2%), from €4,376 to €7,230

  • Purchases and services -€2,797

    no longer reported in 2024 (was €2,797)

  • Taxes +€1,011

    new in 2024: €1,011

  • Other operating charges -€244

    no longer reported in 2024 (was €244)

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 €3,872
Gross operating margin +€2,853
Depreciation +€4
Other operating charges +€244
Financial income -€217
Financial charges +€121
Taxes -€1,011
Result 2024 €5,864

Cash bridge derived

cash 2023 to 2024

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.

From operations -€1,959
Investment €0
Financing -€270
Cash 2023 €2,347
Net result for the year +€5,864
Depreciation +€354
Receivables within one year -€8,425
Trade debts +€285
Tax, wage and social debts -€370
Accrued charges and deferred income +€334
Contributions, distributions and other -€270
Cash 2024 €119
Every line side by side 35 lines
Line Code 2023 2024 Change %
Total assets 20/58 €10,177 €16,020 +€5,843 +57.4%
Fixed assets 21/28 €573 €220 -€354 -61.7%
Tangible fixed assets 22/27 €573 €220 -€354 -61.7%
Furniture and vehicles 24 €573 €220 -€354 -61.7%
Current assets 29/58 €9,604 €15,801 +€6,197 +64.5%
Amounts receivable within one year 40/41 €7,257 €15,682 +€8,425 +116.1%
Trade receivables 40 €600 €3,826 +€3,226 +537.6%
Other amounts receivable 41 €6,657 €11,856 +€5,200 +78.1%
Cash at bank and in hand 54/58 €2,347 €119 -€2,228 -94.9%
Total equity and liabilities 10/49 €10,177 €16,020 +€5,843 +57.4%
Equity 10/15 -€2,819 €2,776 +€5,595
Contributions 10/11 €100 €100 = 0.0%
Profit (loss) carried forward 14 -€2,919 €2,676 +€5,595
Amounts payable 17/49 €12,996 €13,244 +€248 +1.9%
Amounts payable within one year 42/48 €12,996 €12,910 -€86 -0.7%
Trade debts 44 €1,176 €1,461 +€285 +24.2%
Suppliers 440/4 €1,176 €1,461 +€285 +24.2%
Taxes, remuneration and social security 45 €1,819 €1,448 -€370 -20.4%
Taxes 450/3 €1,819 €1,448 -€370 -20.4%
Other amounts payable 47/48 €10,001 €10,001 = 0.0%
Accrued charges and deferred income 492/3 - €334 +€334
Turnover 70 €7,174 - -€7,174
Goods, raw materials, services and sundry goods 60/61 €2,797 - -€2,797
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €357 €354 -€4 -1.0%
Other operating charges 640/8 €244 - -€244
Gross operating margin 9900 €4,376 €7,230 +€2,853 +65.2%
Operating profit (loss) 9901 €3,776 €6,876 +€3,100 +82.1%
Financial income 75/76B €217 - -€217
Recurring financial income 75 €217 - -€217
Financial charges 65/66B €121 - -€121
Recurring financial charges 65 €121 - -€121
Profit (loss) for the period before taxes 9903 €3,872 €6,876 +€3,004 +77.6%
Income taxes 67/77 - €1,011 +€1,011
Profit (loss) for the period 9904 €3,872 €5,864 +€1,993 +51.5%
Profit (loss) for the period to be appropriated 9905 €3,872 €5,864 +€1,993 +51.5%

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 30 September 2026 via checked.be.