ALTAÏS: 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.
ALTAÏS
Largest movements
- Financial fixed assets +€330,575
up €330,575 (+12,838%), from €2,575 to €333,150
- Receivables within one year -€116,579
down €116,579 (-68.0%), from €171,433 to €54,854
of which Trade receivables: -€88,632
- Tangible fixed assets +€19,835
up €19,835 (+8.4%), from €236,438 to €256,273
of which Plant, machinery and equipment: +€24,643
- Cash +€19,263
up €19,263 (+26.8%), from €71,838 to €91,100
mainly Debts after one year (+€176,790) and Receivables within one year (+€116,579)
- Debts after one year +€176,790
up €176,790 (+179%), from €98,759 to €275,549
- Profit (loss) carried forward +€70,532
up €70,532 (+23.5%), from €300,158 to €370,690
- Tax, wage and social debts +€20,796
up €20,796 (+138%), from €15,080 to €35,876
of which Taxes: +€17,299
- Current portion of long-term debt -€12,851
down €12,851 (-20.1%), from €63,799 to €50,948
- Staff costs +€26,012
up €26,012 (+30.8%), from €84,453 to €110,465
- Gross operating margin +€24,762
up €24,762 (+9.5%), from €261,624 to €286,386
- Purchases and services -€23,263
down €23,263 (-6.1%), from €379,082 to €355,819
- Depreciation +€12,891
up €12,891 (+25.6%), from €50,373 to €63,264
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 | €487,449 | €743,748 | +€256,299 | +52.6% |
| Formation expenses | 20 | €232 | €12 | -€221 | -95.0% |
| Fixed assets | 21/28 | €239,013 | €589,423 | +€350,410 | +147% |
| Tangible fixed assets | 22/27 | €236,438 | €256,273 | +€19,835 | +8.4% |
| Land and buildings | 22 | - | €9,344 | +€9,344 | |
| Plant, machinery and equipment | 23 | €209,775 | €234,418 | +€24,643 | +11.7% |
| Furniture and vehicles | 24 | €26,663 | €12,511 | -€14,152 | -53.1% |
| Financial fixed assets | 28 | €2,575 | €333,150 | +€330,575 | +12,838% |
| Current assets | 29/58 | €248,204 | €154,314 | -€93,890 | -37.8% |
| Amounts receivable within one year | 40/41 | €171,433 | €54,854 | -€116,579 | -68.0% |
| Trade receivables | 40 | €128,483 | €39,850 | -€88,632 | -69.0% |
| Other amounts receivable | 41 | €42,950 | €15,003 | -€27,947 | -65.1% |
| Cash at bank and in hand | 54/58 | €71,838 | €91,100 | +€19,263 | +26.8% |
| Deferred charges and accrued income | 490/1 | €4,933 | €8,360 | +€3,427 | +69.5% |
| Total equity and liabilities | 10/49 | €487,449 | €743,748 | +€256,299 | +52.6% |
| Equity | 10/15 | €305,158 | €375,690 | +€70,532 | +23.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €300,158 | €370,690 | +€70,532 | +23.5% |
| Amounts payable | 17/49 | €182,291 | €368,058 | +€185,767 | +102% |
| Amounts payable after more than one year | 17 | €98,759 | €275,549 | +€176,790 | +179% |
| Financial debts | 170/4 | €98,759 | €275,549 | +€176,790 | +179% |
| Amounts payable within one year | 42/48 | €83,531 | €92,509 | +€8,977 | +10.7% |
| Current portion of amounts payable after more than one year | 42 | €63,799 | €50,948 | -€12,851 | -20.1% |
| Trade debts | 44 | €4,556 | €5,644 | +€1,088 | +23.9% |
| Suppliers | 440/4 | €4,556 | €5,644 | +€1,088 | +23.9% |
| Taxes, remuneration and social security | 45 | €15,080 | €35,876 | +€20,796 | +138% |
| Taxes | 450/3 | €4,851 | €22,150 | +€17,299 | +357% |
| Remuneration and social security | 454/9 | €10,229 | €13,725 | +€3,496 | +34.2% |
| Other amounts payable | 47/48 | €97 | €41 | -€56 | -57.9% |
| Turnover | 70 | €640,706 | €642,205 | +€1,499 | +0.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €379,082 | €355,819 | -€23,263 | -6.1% |
| Remuneration, social security and pensions | 62 | €84,453 | €110,465 | +€26,012 | +30.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,373 | €63,264 | +€12,891 | +25.6% |
| Other operating charges | 640/8 | €6,144 | €5,651 | -€493 | -8.0% |
| Gross operating margin | 9900 | €261,624 | €286,386 | +€24,762 | +9.5% |
| Operating profit (loss) | 9901 | €120,654 | €107,007 | -€13,648 | -11.3% |
| Financial income | 75/76B | €111 | €282 | +€171 | +154% |
| Recurring financial income | 75 | €111 | €282 | +€171 | +154% |
| Financial charges | 65/66B | €8,656 | €14,811 | +€6,155 | +71.1% |
| Recurring financial charges | 65 | €8,656 | €14,811 | +€6,155 | +71.1% |
| Profit (loss) for the period before taxes | 9903 | €112,110 | €92,478 | -€19,632 | -17.5% |
| Income taxes | 67/77 | €24,802 | €21,946 | -€2,856 | -11.5% |
| Profit (loss) for the period | 9904 | €87,308 | €70,532 | -€16,776 | -19.2% |
| Profit (loss) for the period to be appropriated | 9905 | €87,308 | €70,532 | -€16,776 | -19.2% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.