ALTA GAMA: 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.
ALTA GAMA
Largest movements
- Receivables within one year -€21,883
down €21,883 (-41.6%), from €52,558 to €30,675
of which Trade receivables: -€21,300
- Tangible fixed assets -€8,430
no longer reported in 2025 (was €8,430)
- Cash -€8,297
down €8,297 (-42.5%), from €19,539 to €11,242
mainly Trade debts (-€27,424) and Current portion of long-term debt (-€10,552)
- Trade debts -€27,424
down €27,424 (-68.0%), from €40,320 to €12,896
- Current portion of long-term debt -€10,552
no longer reported in 2025 (was €10,552)
- Other debts -€1,542
down €1,542 (-6.9%), from €22,412 to €20,871
- Profit (loss) carried forward +€984
up €984 (+4.3%), from -€23,077 to -€22,093
- Other operating charges -€3,505
down €3,505 (-58.4%), from €6,002 to €2,497
- Gross operating margin +€1,312
up €1,312 (+12.1%), from €10,870 to €12,182
- Financial charges -€318
down €318 (-53.9%), from €589 to €272
- Write-downs -€316
no longer reported in 2025 (was €316)
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 | €80,526 | €41,916 | -€38,610 | -47.9% |
| Fixed assets | 21/28 | €8,430 | - | -€8,430 | |
| Tangible fixed assets | 22/27 | €8,430 | - | -€8,430 | |
| Plant, machinery and equipment | 23 | €8,430 | - | -€8,430 | |
| Current assets | 29/58 | €72,097 | €41,916 | -€30,180 | -41.9% |
| Amounts receivable within one year | 40/41 | €52,558 | €30,675 | -€21,883 | -41.6% |
| Trade receivables | 40 | €51,795 | €30,495 | -€21,300 | -41.1% |
| Other amounts receivable | 41 | €763 | €180 | -€583 | -76.5% |
| Cash at bank and in hand | 54/58 | €19,539 | €11,242 | -€8,297 | -42.5% |
| Total equity and liabilities | 10/49 | €80,526 | €41,916 | -€38,610 | -47.9% |
| Equity | 10/15 | €6,923 | €7,907 | +€984 | +14.2% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€23,077 | -€22,093 | +€984 | +4.3% |
| Amounts payable | 17/49 | €73,604 | €34,010 | -€39,594 | -53.8% |
| Amounts payable within one year | 42/48 | €73,604 | €34,010 | -€39,594 | -53.8% |
| Current portion of amounts payable after more than one year | 42 | €10,552 | - | -€10,552 | |
| Trade debts | 44 | €40,320 | €12,896 | -€27,424 | -68.0% |
| Suppliers | 440/4 | €40,320 | €12,896 | -€27,424 | -68.0% |
| Taxes, remuneration and social security | 45 | €319 | €243 | -€77 | -24.0% |
| Taxes | 450/3 | €319 | €243 | -€77 | -24.0% |
| Other amounts payable | 47/48 | €22,412 | €20,871 | -€1,542 | -6.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,325 | €2,246 | -€79 | -3.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €316 | - | -€316 | |
| Other operating charges | 640/8 | €6,002 | €2,497 | -€3,505 | -58.4% |
| Non-recurring operating charges | 66A | €4,432 | €6,184 | +€1,752 | +39.5% |
| Gross operating margin | 9900 | €10,870 | €12,182 | +€1,312 | +12.1% |
| Operating profit (loss) | 9901 | -€2,205 | €1,256 | +€3,460 | |
| Financial charges | 65/66B | €589 | €272 | -€318 | -53.9% |
| Recurring financial charges | 65 | €589 | €272 | -€318 | -53.9% |
| Profit (loss) for the period before taxes | 9903 | -€2,794 | €984 | +€3,778 | |
| Profit (loss) for the period | 9904 | -€2,794 | €984 | +€3,778 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,794 | €984 | +€3,778 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.