ALTA: 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.
ALTA
Largest movements
- Receivables within one year +€11,346
up €11,346 (+10.3%), from €109,956 to €121,302
of which Other amounts receivable: +€9,546
- Trade debts +€43,583
up €43,583 (+1652.1%), from €2,638 to €46,221
- Profit (loss) carried forward -€33,228
down €33,228 (-69.1%), from €48,053 to €14,825
- Short-term financial debts -€2,533
down €2,533 (-32.7%), from €7,741 to €5,208
of which Credit institutions: -€7,741
- Tax, wage and social debts +€2,017
up €2,017 (+12.4%), from €16,301 to €18,318
- Gross operating margin -€74,193
down €74,193, from €47,017 to -€27,176
- Taxes -€10,574
no longer reported in 2025 (was €10,574)
- Financial income +€6,175
up €6,175 (+1165120.8%), from €1 to €6,176
- Other operating charges +€2,744
up €2,744 (+400.3%), from €686 to €3,430
- Financial charges -€740
down €740 (-8.8%), from €8,399 to €7,659
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.
Cash bridge derived
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 | €112,194 | €123,136 | +€10,942 | +9.8% |
| Fixed assets | 21/28 | €1,364 | €1,052 | -€312 | -22.9% |
| Tangible fixed assets | 22/27 | €1,364 | €1,052 | -€312 | -22.9% |
| Furniture and vehicles | 24 | €1,364 | €1,052 | -€312 | -22.9% |
| Current assets | 29/58 | €110,829 | €122,084 | +€11,254 | +10.2% |
| Amounts receivable within one year | 40/41 | €109,956 | €121,302 | +€11,346 | +10.3% |
| Trade receivables | 40 | - | €1,800 | +€1,800 | |
| Other amounts receivable | 41 | €109,956 | €119,502 | +€9,546 | +8.7% |
| Cash at bank and in hand | 54/58 | €336 | €427 | +€91 | +27.1% |
| Deferred charges and accrued income | 490/1 | €537 | €355 | -€182 | -34.0% |
| Total equity and liabilities | 10/49 | €112,194 | €123,136 | +€10,942 | +9.8% |
| Equity | 10/15 | €68,513 | €35,285 | -€33,228 | -48.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €48,053 | €14,825 | -€33,228 | -69.1% |
| Amounts payable | 17/49 | €43,680 | €87,850 | +€44,170 | +101.1% |
| Amounts payable within one year | 42/48 | €43,680 | €87,850 | +€44,170 | +101.1% |
| Current portion of amounts payable after more than one year | 42 | €17,000 | €17,000 | = | 0.0% |
| Financial debts | 43 | €7,741 | €5,208 | -€2,533 | -32.7% |
| Credit institutions | 430/8 | €7,741 | - | -€7,741 | |
| Other loans | 439 | - | €5,208 | +€5,208 | |
| Trade debts | 44 | €2,638 | €46,221 | +€43,583 | +1652.1% |
| Suppliers | 440/4 | €2,638 | €46,221 | +€43,583 | +1652.1% |
| Taxes, remuneration and social security | 45 | €16,301 | €18,318 | +€2,017 | +12.4% |
| Taxes | 450/3 | €16,301 | €18,318 | +€2,017 | +12.4% |
| Other amounts payable | 47/48 | - | €1,103 | +€1,103 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €436 | €1,139 | +€703 | +161.4% |
| Other operating charges | 640/8 | €686 | €3,430 | +€2,744 | +400.3% |
| Gross operating margin | 9900 | €47,017 | -€27,176 | -€74,193 | |
| Operating profit (loss) | 9901 | €45,896 | -€31,745 | -€77,640 | |
| Financial income | 75/76B | €1 | €6,176 | +€6,175 | +1165120.8% |
| Recurring financial income | 75 | €1 | €6,176 | +€6,175 | +1165120.8% |
| Financial charges | 65/66B | €8,399 | €7,659 | -€740 | -8.8% |
| Recurring financial charges | 65 | €8,399 | €7,659 | -€740 | -8.8% |
| Profit (loss) for the period before taxes | 9903 | €37,497 | -€33,228 | -€70,725 | |
| Income taxes | 67/77 | €10,574 | - | -€10,574 | |
| Profit (loss) for the period | 9904 | €26,923 | -€33,228 | -€60,151 | |
| Profit (loss) for the period to be appropriated | 9905 | €26,923 | -€33,228 | -€60,151 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.