ALTAI: 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.
ALTAI
Largest movements
- Cash +€2,562
up €2,562 (+15.7%), from €16,306 to €18,868
mainly Net result for the year (+€5,603) and Depreciation (+€3,648)
- Tangible fixed assets +€626
up €626 (+20.9%), from €2,995 to €3,621
- Deferred charges and accrued income +€400
up €400 (+17.1%), from €2,336 to €2,736
- Profit (loss) carried forward +€5,603
up €5,603 (+36.1%), from €15,538 to €21,141
- Tax, wage and social debts -€2,181
down €2,181 (-16.3%), from €13,417 to €11,236
- Other debts +€2,117
up €2,117 (+187.6%), from €1,129 to €3,246
- Advances received -€1,331
no longer reported in 2025 (was €1,331)
- Trade debts -€534
down €534 (-48.7%), from €1,097 to €563
- Gross operating margin -€12,833
down €12,833 (-43.5%), from €29,471 to €16,638
- Taxes -€6,986
down €6,986 (-67.5%), from €10,351 to €3,365
- Depreciation -€1,963
down €1,963 (-35.0%), from €5,611 to €3,648
- Other operating charges -€1,263
down €1,263 (-29.7%), from €4,247 to €2,985
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 | €35,512 | €39,186 | +€3,674 | +10.3% |
| Fixed assets | 21/28 | €2,995 | €3,621 | +€626 | +20.9% |
| Tangible fixed assets | 22/27 | €2,995 | €3,621 | +€626 | +20.9% |
| Furniture and vehicles | 24 | €2,995 | €3,621 | +€626 | +20.9% |
| Current assets | 29/58 | €32,517 | €35,565 | +€3,048 | +9.4% |
| Amounts receivable within one year | 40/41 | €13,875 | €13,961 | +€86 | +0.6% |
| Trade receivables | 40 | €13,747 | €11,943 | -€1,804 | -13.1% |
| Other amounts receivable | 41 | €128 | €2,018 | +€1,890 | +1473.9% |
| Cash at bank and in hand | 54/58 | €16,306 | €18,868 | +€2,562 | +15.7% |
| Deferred charges and accrued income | 490/1 | €2,336 | €2,736 | +€400 | +17.1% |
| Total equity and liabilities | 10/49 | €35,512 | €39,186 | +€3,674 | +10.3% |
| Equity | 10/15 | €18,538 | €24,141 | +€5,603 | +30.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,538 | €21,141 | +€5,603 | +36.1% |
| Amounts payable | 17/49 | €16,973 | €15,044 | -€1,929 | -11.4% |
| Amounts payable within one year | 42/48 | €16,973 | €15,044 | -€1,929 | -11.4% |
| Trade debts | 44 | €1,097 | €563 | -€534 | -48.7% |
| Suppliers | 440/4 | €1,097 | €563 | -€534 | -48.7% |
| Advances received on contracts in progress | 46 | €1,331 | - | -€1,331 | |
| Taxes, remuneration and social security | 45 | €13,417 | €11,236 | -€2,181 | -16.3% |
| Taxes | 450/3 | €13,417 | €11,236 | -€2,181 | -16.3% |
| Other amounts payable | 47/48 | €1,129 | €3,246 | +€2,117 | +187.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,611 | €3,648 | -€1,963 | -35.0% |
| Other operating charges | 640/8 | €4,247 | €2,985 | -€1,263 | -29.7% |
| Gross operating margin | 9900 | €29,471 | €16,638 | -€12,833 | -43.5% |
| Operating profit (loss) | 9901 | €19,612 | €10,005 | -€9,607 | -49.0% |
| Financial income | 75/76B | - | €294 | +€294 | |
| Recurring financial income | 75 | - | €294 | +€294 | |
| Financial charges | 65/66B | €1,191 | €1,330 | +€139 | +11.7% |
| Recurring financial charges | 65 | €1,191 | €1,330 | +€139 | +11.7% |
| Profit (loss) for the period before taxes | 9903 | €18,421 | €8,968 | -€9,453 | -51.3% |
| Income taxes | 67/77 | €10,351 | €3,365 | -€6,986 | -67.5% |
| Profit (loss) for the period | 9904 | €8,070 | €5,603 | -€2,467 | -30.6% |
| Profit (loss) for the period to be appropriated | 9905 | €8,070 | €5,603 | -€2,467 | -30.6% |
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 7 October 2026 via checked.be.