Altamirano: 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.
Altamirano
Largest movements
- Cash +€37,032
up €37,032 (+202.0%), from €18,331 to €55,363
mainly Net result for the year (+€34,022) and Tax, wage and social debts (+€7,358)
- Receivables within one year +€2,545
up €2,545 (+6293.7%), from €40 to €2,586
of which Other amounts receivable: +€2,487
- Tangible fixed assets +€1,330
up €1,330 (+56.6%), from €2,348 to €3,677
- Reserves +€34,022
up €34,022 (+436.1%), from €7,801 to €41,824
- Tax, wage and social debts +€7,358
up €7,358 (+67.2%), from €10,945 to €18,302
of which Taxes: +€10,688
- Turnover +€103,328
up €103,328 (+339.9%), from €30,400 to €133,728
- Purchases and services +€68,599
up €68,599 (+334.8%), from €20,491 to €89,090
- Gross operating margin +€34,729
up €34,729 (+350.5%), from €9,909 to €44,638
- Taxes +€7,639
up €7,639 (+362.4%), from €2,108 to €9,747
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 | €20,719 | €61,626 | +€40,907 | +197.4% |
| Fixed assets | 21/28 | €2,348 | €3,677 | +€1,330 | +56.6% |
| Tangible fixed assets | 22/27 | €2,348 | €3,677 | +€1,330 | +56.6% |
| Plant, machinery and equipment | 23 | €2,348 | €3,677 | +€1,330 | +56.6% |
| Current assets | 29/58 | €18,371 | €57,949 | +€39,577 | +215.4% |
| Amounts receivable within one year | 40/41 | €40 | €2,586 | +€2,545 | +6293.7% |
| Trade receivables | 40 | - | €58 | +€58 | |
| Other amounts receivable | 41 | €40 | €2,528 | +€2,487 | +6150.1% |
| Cash at bank and in hand | 54/58 | €18,331 | €55,363 | +€37,032 | +202.0% |
| Total equity and liabilities | 10/49 | €20,719 | €61,626 | +€40,907 | +197.4% |
| Equity | 10/15 | €9,301 | €43,324 | +€34,022 | +365.8% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €7,801 | €41,824 | +€34,022 | +436.1% |
| Distributable reserves | 133 | €7,801 | €41,824 | +€34,022 | +436.1% |
| Amounts payable | 17/49 | €11,418 | €18,302 | +€6,885 | +60.3% |
| Amounts payable within one year | 42/48 | €10,945 | €18,302 | +€7,358 | +67.2% |
| Taxes, remuneration and social security | 45 | €10,945 | €18,302 | +€7,358 | +67.2% |
| Taxes | 450/3 | €7,615 | €18,302 | +€10,688 | +140.4% |
| Remuneration and social security | 454/9 | €3,330 | - | -€3,330 | |
| Accrued charges and deferred income | 492/3 | €473 | - | -€473 | |
| Turnover | 70 | €30,400 | €133,728 | +€103,328 | +339.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €20,491 | €89,090 | +€68,599 | +334.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €872 | +€872 | |
| Gross operating margin | 9900 | €9,909 | €44,638 | +€34,729 | +350.5% |
| Operating profit (loss) | 9901 | €9,909 | €43,766 | +€33,856 | +341.7% |
| Financial income | 75/76B | - | €28 | +€28 | |
| Recurring financial income | 75 | - | €28 | +€28 | |
| Financial charges | 65/66B | - | €24 | +€24 | |
| Recurring financial charges | 65 | - | €24 | +€24 | |
| Profit (loss) for the period before taxes | 9903 | €9,909 | €43,770 | +€33,860 | +341.7% |
| Income taxes | 67/77 | €2,108 | €9,747 | +€7,639 | +362.4% |
| Profit (loss) for the period | 9904 | €7,801 | €34,022 | +€26,221 | +336.1% |
| Profit (loss) for the period to be appropriated | 9905 | €7,801 | €34,022 | +€26,221 | +336.1% |
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 1 October 2026 via checked.be.