ALTAMIRA ENGINEERING: 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.
ALTAMIRA ENGINEERING
Largest movements
- Tangible fixed assets +€77,714
up €77,714 (+1939.9%), from €4,006 to €81,721
of which Furniture and vehicles: +€78,050
- Cash -€65,789
down €65,789 (-19.9%), from €331,180 to €265,390
mainly Investment in fixed assets (net) (-€83,410) and Tax, wage and social debts (-€1,647)
- Other debts +€14,007
up €14,007 (+8.5%), from €165,026 to €179,033
- Gross operating margin -€11,988
down €11,988 (-36.4%), from €32,934 to €20,946
- Depreciation +€4,401
up €4,401 (+340.1%), from €1,294 to €5,695
- Taxes -€3,871
down €3,871 (-74.9%), from €5,165 to €1,294
- Financial income +€621
new in 2025: €621
of which Non-recurring financial income: +€620
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 | €343,635 | €357,364 | +€13,728 | +4.0% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €4,006 | €81,721 | +€77,714 | +1939.9% |
| Tangible fixed assets | 22/27 | €4,006 | €81,721 | +€77,714 | +1939.9% |
| Plant, machinery and equipment | 23 | €4,006 | €3,670 | -€336 | -8.4% |
| Furniture and vehicles | 24 | €0 | €78,050 | +€78,050 | |
| Current assets | 29/58 | €339,629 | €275,643 | -€63,986 | -18.8% |
| Amounts receivable within one year | 40/41 | €5,288 | €6,253 | +€965 | +18.2% |
| Trade receivables | 40 | €5,261 | €2,076 | -€3,185 | -60.5% |
| Other amounts receivable | 41 | €27 | €4,177 | +€4,150 | +15251.7% |
| Cash at bank and in hand | 54/58 | €331,180 | €265,390 | -€65,789 | -19.9% |
| Deferred charges and accrued income | 490/1 | €3,161 | €4,000 | +€839 | +26.5% |
| Total equity and liabilities | 10/49 | €343,635 | €357,364 | +€13,728 | +4.0% |
| Equity | 10/15 | €167,485 | €168,723 | +€1,238 | +0.7% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €90,383 | €91,621 | +€1,238 | +1.4% |
| Distributable reserves | 133 | €90,383 | €91,621 | +€1,238 | +1.4% |
| Profit (loss) carried forward | 14 | €70,905 | €70,905 | = | 0.0% |
| Amounts payable | 17/49 | €176,150 | €188,641 | +€12,490 | +7.1% |
| Amounts payable within one year | 42/48 | €176,150 | €188,641 | +€12,490 | +7.1% |
| Trade debts | 44 | €1,895 | €2,025 | +€130 | +6.9% |
| Suppliers | 440/4 | €1,895 | €2,025 | +€130 | +6.9% |
| Taxes, remuneration and social security | 45 | €9,229 | €7,583 | -€1,647 | -17.8% |
| Taxes | 450/3 | €9,229 | €7,583 | -€1,647 | -17.8% |
| Other amounts payable | 47/48 | €165,026 | €179,033 | +€14,007 | +8.5% |
| Non-recurring operating income | 76A | - | €1,750 | +€1,750 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,294 | €5,695 | +€4,401 | +340.1% |
| Other operating charges | 640/8 | €1,029 | €1,150 | +€121 | +11.8% |
| Gross operating margin | 9900 | €32,934 | €20,946 | -€11,988 | -36.4% |
| Operating profit (loss) | 9901 | €30,611 | €14,101 | -€16,510 | -53.9% |
| Financial income | 75/76B | - | €621 | +€621 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Non-recurring financial income | 76B | - | €620 | +€620 | |
| Financial charges | 65/66B | €12,447 | €12,190 | -€257 | -2.1% |
| Recurring financial charges | 65 | €12,447 | €12,190 | -€257 | -2.1% |
| Profit (loss) for the period before taxes | 9903 | €18,164 | €2,532 | -€15,632 | -86.1% |
| Income taxes | 67/77 | €5,165 | €1,294 | -€3,871 | -74.9% |
| Profit (loss) for the period | 9904 | €12,999 | €1,238 | -€11,761 | -90.5% |
| Profit (loss) for the period to be appropriated | 9905 | €12,999 | €1,238 | -€11,761 | -90.5% |
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 8 October 2026 via checked.be.