Altabella: 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.
Altabella
Largest movements
- Receivables within one year +€24,624
up €24,624 (+31.4%), from €78,327 to €102,951
of which Other amounts receivable: +€23,692
- Cash -€20,790
down €20,790 (-43.1%), from €48,230 to €27,439
mainly Receivables within one year (-€24,624) and Net result for the year (-€19,548)
- Intangible fixed assets -€1,400
down €1,400 (-27.9%), from €5,017 to €3,617
- Other debts +€22,600
up €22,600 (+51.1%), from €44,245 to €66,846
- Profit (loss) carried forward -€19,548
down €19,548 (-33.6%), from -€58,151 to -€77,700
- Debts after one year +€16,332
up €16,332 (+91.6%), from €17,825 to €34,157
- Trade debts -€13,828
down €13,828 (-23.8%), from €58,176 to €44,348
- Tax, wage and social debts -€6,825
down €6,825 (-12.2%), from €56,014 to €49,189
of which Remuneration and social security: -€7,862
- Staff costs -€41,373
down €41,373 (-14.3%), from €289,564 to €248,191
- Financial income -€10,223
down €10,223 (-81.9%), from €12,482 to €2,259
- Gross operating margin +€6,514
up €6,514 (+2.8%), from €228,864 to €235,378
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 | €135,161 | €138,718 | +€3,557 | +2.6% |
| Fixed assets | 21/28 | €7,098 | €5,570 | -€1,528 | -21.5% |
| Intangible fixed assets | 21 | €5,017 | €3,617 | -€1,400 | -27.9% |
| Tangible fixed assets | 22/27 | €2,082 | €1,953 | -€128 | -6.2% |
| Plant, machinery and equipment | 23 | €626 | €488 | -€137 | -21.9% |
| Furniture and vehicles | 24 | €1,456 | €1,465 | +€9 | +0.6% |
| Current assets | 29/58 | €128,063 | €133,148 | +€5,085 | +4.0% |
| Amounts receivable within one year | 40/41 | €78,327 | €102,951 | +€24,624 | +31.4% |
| Trade receivables | 40 | €41,805 | €42,737 | +€932 | +2.2% |
| Other amounts receivable | 41 | €36,522 | €60,214 | +€23,692 | +64.9% |
| Cash at bank and in hand | 54/58 | €48,230 | €27,439 | -€20,790 | -43.1% |
| Deferred charges and accrued income | 490/1 | €1,506 | €2,758 | +€1,252 | +83.1% |
| Total equity and liabilities | 10/49 | €135,161 | €138,718 | +€3,557 | +2.6% |
| Equity | 10/15 | -€45,651 | -€65,200 | -€19,548 | -42.8% |
| Contributions | 10/11 | €12,500 | €12,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€58,151 | -€77,700 | -€19,548 | -33.6% |
| Amounts payable | 17/49 | €180,813 | €203,918 | +€23,105 | +12.8% |
| Amounts payable after more than one year | 17 | €17,825 | €34,157 | +€16,332 | +91.6% |
| Financial debts | 170/4 | €17,825 | €34,157 | +€16,332 | +91.6% |
| Amounts payable within one year | 42/48 | €162,862 | €169,761 | +€6,899 | +4.2% |
| Current portion of amounts payable after more than one year | 42 | €4,427 | €9,379 | +€4,951 | +112% |
| Trade debts | 44 | €58,176 | €44,348 | -€13,828 | -23.8% |
| Suppliers | 440/4 | €58,176 | €44,348 | -€13,828 | -23.8% |
| Taxes, remuneration and social security | 45 | €56,014 | €49,189 | -€6,825 | -12.2% |
| Taxes | 450/3 | €3,726 | €4,763 | +€1,038 | +27.8% |
| Remuneration and social security | 454/9 | €52,288 | €44,426 | -€7,862 | -15.0% |
| Other amounts payable | 47/48 | €44,245 | €66,846 | +€22,600 | +51.1% |
| Accrued charges and deferred income | 492/3 | €126 | €0 | -€126 | -100% |
| Remuneration, social security and pensions | 62 | €289,564 | €248,191 | -€41,373 | -14.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,342 | €2,427 | +€85 | +3.6% |
| Other operating charges | 640/8 | €369 | €711 | +€342 | +92.7% |
| Gross operating margin | 9900 | €228,864 | €235,378 | +€6,514 | +2.8% |
| Operating profit (loss) | 9901 | -€63,411 | -€15,951 | +€47,460 | +74.8% |
| Financial income | 75/76B | €12,482 | €2,259 | -€10,223 | -81.9% |
| Recurring financial income | 75 | €12,482 | €2,259 | -€10,223 | -81.9% |
| Financial charges | 65/66B | €7,223 | €5,857 | -€1,366 | -18.9% |
| Recurring financial charges | 65 | €7,223 | €5,857 | -€1,366 | -18.9% |
| Profit (loss) for the period before taxes | 9903 | -€58,151 | -€19,548 | +€38,603 | +66.4% |
| Profit (loss) for the period | 9904 | -€58,151 | -€19,548 | +€38,603 | +66.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€58,151 | -€19,548 | +€38,603 | +66.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.