ALTA CONSEIL: 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 CONSEIL
Largest movements
- Stocks and contracts -€415,904
down €415,904 (-97.5%), from €426,454 to €10,550
of which Stocks: -€371,250
- Cash +€376,485
up €376,485 (+283.2%), from €132,927 to €509,412
mainly Stocks and contracts (+€415,904) and Tax, wage and social debts (+€26,336)
- Financial fixed assets -€33,122
no longer reported in 2025 (was €33,122)
- Intangible fixed assets +€9,690
new in 2025: €9,690
- Other debts -€46,564
down €46,564 (-33.5%), from €139,079 to €92,515
- Debts after one year -€33,868
no longer reported in 2025 (was €33,868)
- Profit (loss) carried forward -€28,416
down €28,416 (-180.1%), from -€15,780 to -€44,196
- Tax, wage and social debts +€26,336
up €26,336 (+570.5%), from €4,616 to €30,952
- Trade debts +€12,721
up €12,721 (+19.7%), from €64,560 to €77,281
- Gross operating margin -€61,854
down €61,854 (-70.8%), from €87,365 to €25,511
- Taxes -€26,112
down €26,112 (-65.6%), from €39,804 to €13,692
- Financial charges +€4,010
up €4,010 (+62.2%), from €6,448 to €10,457
- Depreciation +€1,912
up €1,912 (+97.6%), from €1,960 to €3,873
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 | €786,353 | €715,161 | -€71,192 | -9.1% |
| Fixed assets | 21/28 | €49,717 | €22,412 | -€27,305 | -54.9% |
| Intangible fixed assets | 21 | - | €9,690 | +€9,690 | |
| Tangible fixed assets | 22/27 | €16,595 | €12,722 | -€3,873 | -23.3% |
| Furniture and vehicles | 24 | €16,595 | €12,722 | -€3,873 | -23.3% |
| Financial fixed assets | 28 | €33,122 | - | -€33,122 | |
| Current assets | 29/58 | €736,637 | €692,749 | -€43,888 | -6.0% |
| Stocks and contracts in progress | 3 | €426,454 | €10,550 | -€415,904 | -97.5% |
| Stocks | 30/36 | €371,250 | - | -€371,250 | |
| Contracts in progress | 37 | €55,204 | €10,550 | -€44,654 | -80.9% |
| Amounts receivable within one year | 40/41 | €177,256 | €172,787 | -€4,470 | -2.5% |
| Trade receivables | 40 | €94,089 | €137,234 | +€43,145 | +45.9% |
| Other amounts receivable | 41 | €83,167 | €35,553 | -€47,614 | -57.3% |
| Cash at bank and in hand | 54/58 | €132,927 | €509,412 | +€376,485 | +283.2% |
| Total equity and liabilities | 10/49 | €786,353 | €715,161 | -€71,192 | -9.1% |
| Equity | 10/15 | €508,961 | €480,545 | -€28,416 | -5.6% |
| Contributions | 10/11 | €284,000 | €284,000 | = | 0.0% |
| Reserves | 13 | €240,741 | €240,741 | = | 0.0% |
| Non-distributable reserves | 130/1 | €25,300 | €25,300 | = | 0.0% |
| Reserves not available under the articles | 1311 | €25,300 | €25,300 | = | 0.0% |
| Distributable reserves | 133 | €215,441 | €215,441 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,780 | -€44,196 | -€28,416 | -180.1% |
| Amounts payable | 17/49 | €277,393 | €234,616 | -€42,776 | -15.4% |
| Amounts payable after more than one year | 17 | €33,868 | - | -€33,868 | |
| Financial debts | 170/4 | €33,868 | - | -€33,868 | |
| Amounts payable within one year | 42/48 | €243,525 | €234,616 | -€8,908 | -3.7% |
| Current portion of amounts payable after more than one year | 42 | €35,269 | €33,868 | -€1,401 | -4.0% |
| Trade debts | 44 | €64,560 | €77,281 | +€12,721 | +19.7% |
| Suppliers | 440/4 | €64,560 | €77,281 | +€12,721 | +19.7% |
| Taxes, remuneration and social security | 45 | €4,616 | €30,952 | +€26,336 | +570.5% |
| Taxes | 450/3 | €4,616 | €30,952 | +€26,336 | +570.5% |
| Other amounts payable | 47/48 | €139,079 | €92,515 | -€46,564 | -33.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,960 | €3,873 | +€1,912 | +97.6% |
| Other operating charges | 640/8 | €1,872 | €1,784 | -€89 | -4.7% |
| Non-recurring operating charges | 66A | €3,984 | €24,122 | +€20,138 | +505.5% |
| Gross operating margin | 9900 | €87,365 | €25,511 | -€61,854 | -70.8% |
| Operating profit (loss) | 9901 | €79,548 | -€4,267 | -€83,815 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €6,448 | €10,457 | +€4,010 | +62.2% |
| Recurring financial charges | 65 | €6,448 | €10,457 | +€4,010 | +62.2% |
| Profit (loss) for the period before taxes | 9903 | €73,100 | -€14,725 | -€87,825 | |
| Income taxes | 67/77 | €39,804 | €13,692 | -€26,112 | -65.6% |
| Profit (loss) for the period | 9904 | €33,297 | -€28,416 | -€61,713 | |
| Profit (loss) for the period to be appropriated | 9905 | €33,297 | -€28,416 | -€61,713 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.