Altanova Group: 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.
Altanova Group
Largest movements
- Receivables within one year -€9,523
down €9,523 (-96.9%), from €9,830 to €308
- Tangible fixed assets +€5,931
up €5,931 (+1,382%), from €429 to €6,360
- Cash -€420
down €420 (-16.1%), from €2,609 to €2,189
mainly Investment in fixed assets (net) (-€8,896) and Tax, wage and social debts (-€6,601)
- Tax, wage and social debts -€6,601
down €6,601 (-97.4%), from €6,777 to €176
- Profit (loss) carried forward +€3,102
up €3,102 (+5.9%), from -€52,420 to -€49,317
- Debts after one year -€643
down €643 (-1.7%), from €37,550 to €36,907
- Other debts +€129
up €129 (+22.9%), from €562 to €691
- Gross operating margin +€12,083
up €12,083, from -€3,279 to €8,804
- Depreciation +€2,965
new in 2025: €2,965
- Staff costs +€1,947
new in 2025: €1,947
- Financial charges -€174
down €174 (-47.4%), from €367 to €193
- Other operating charges -€117
down €117 (-21.7%), from €537 to €420
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 | €12,869 | €8,857 | -€4,013 | -31.2% |
| Fixed assets | 21/28 | €429 | €6,360 | +€5,931 | +1,382% |
| Tangible fixed assets | 22/27 | €429 | €6,360 | +€5,931 | +1,382% |
| Furniture and vehicles | 24 | €429 | €6,360 | +€5,931 | +1,382% |
| Current assets | 29/58 | €12,440 | €2,497 | -€9,943 | -79.9% |
| Amounts receivable within one year | 40/41 | €9,830 | €308 | -€9,523 | -96.9% |
| Other amounts receivable | 41 | €9,830 | €308 | -€9,523 | -96.9% |
| Cash at bank and in hand | 54/58 | €2,609 | €2,189 | -€420 | -16.1% |
| Total equity and liabilities | 10/49 | €12,869 | €8,857 | -€4,013 | -31.2% |
| Equity | 10/15 | -€32,020 | -€28,917 | +€3,102 | +9.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,800 | €1,800 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,800 | €1,800 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,800 | €1,800 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€52,420 | -€49,317 | +€3,102 | +5.9% |
| Amounts payable | 17/49 | €44,889 | €37,774 | -€7,115 | -15.9% |
| Amounts payable after more than one year | 17 | €37,550 | €36,907 | -€643 | -1.7% |
| Financial debts | 170/4 | €37,550 | €36,907 | -€643 | -1.7% |
| Amounts payable within one year | 42/48 | €7,339 | €867 | -€6,472 | -88.2% |
| Taxes, remuneration and social security | 45 | €6,777 | €176 | -€6,601 | -97.4% |
| Taxes | 450/3 | €6,777 | €176 | -€6,601 | -97.4% |
| Other amounts payable | 47/48 | €562 | €691 | +€129 | +22.9% |
| Non-recurring operating income | 76A | €8,492 | - | -€8,492 | |
| Remuneration, social security and pensions | 62 | - | €1,947 | +€1,947 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €2,965 | +€2,965 | |
| Other operating charges | 640/8 | €537 | €420 | -€117 | -21.7% |
| Gross operating margin | 9900 | -€3,279 | €8,804 | +€12,083 | |
| Operating profit (loss) | 9901 | -€3,815 | €3,471 | +€7,287 | |
| Financial charges | 65/66B | €367 | €193 | -€174 | -47.4% |
| Recurring financial charges | 65 | €367 | €193 | -€174 | -47.4% |
| Profit (loss) for the period before taxes | 9903 | -€4,182 | €3,279 | +€7,461 | |
| Income taxes | 67/77 | €180 | €176 | -€4 | -2.1% |
| Profit (loss) for the period | 9904 | -€4,362 | €3,102 | +€7,464 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,362 | €3,102 | +€7,464 |
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 20 October 2026 via checked.be.