ALTAR Architecture: 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.
ALTAR Architecture
Largest movements
- Tangible fixed assets -€5,736
down €5,736 (-7.7%), from €74,975 to €69,240
of which Land and buildings: -€6,710
- Intangible fixed assets -€3,306
down €3,306 (-27.3%), from €12,121 to €8,815
- Receivables within one year +€1,782
up €1,782 (+3.0%), from €59,315 to €61,097
of which Trade receivables: +€968
- Other debts +€13,301
up €13,301 (+209%), from €6,349 to €19,650
- Reserves -€8,124
down €8,124 (-24.6%), from €32,976 to €24,852
of which Distributable reserves: -€8,124
- Advances received -€6,401
no longer reported in 2025 (was €6,401)
- Tax, wage and social debts -€3,814
down €3,814 (-24.5%), from €15,573 to €11,760
- Debts after one year -€3,527
down €3,527 (-72.3%), from €4,877 to €1,350
of which Other amounts payable: -€3,000
- Gross operating margin +€12,536
up €12,536 (+177%), from €7,082 to €19,618
- Taxes +€2,535
up €2,535 (+922%), from €275 to €2,809
- Other operating charges +€1,910
up €1,910 (+474%), from €403 to €2,313
- Financial charges +€446
up €446 (+28.3%), from €1,579 to €2,025
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €160,812 | €155,135 | -€5,677 | -3.5% |
| Fixed assets | 21/28 | €87,097 | €78,055 | -€9,042 | -10.4% |
| Intangible fixed assets | 21 | €12,121 | €8,815 | -€3,306 | -27.3% |
| Tangible fixed assets | 22/27 | €74,975 | €69,240 | -€5,736 | -7.7% |
| Land and buildings | 22 | €74,975 | €68,265 | -€6,710 | -9.0% |
| Furniture and vehicles | 24 | - | €975 | +€975 | |
| Current assets | 29/58 | €73,715 | €77,080 | +€3,365 | +4.6% |
| Amounts receivable within one year | 40/41 | €59,315 | €61,097 | +€1,782 | +3.0% |
| Trade receivables | 40 | €59,118 | €60,086 | +€968 | +1.6% |
| Other amounts receivable | 41 | €197 | €1,011 | +€814 | +413% |
| Deferred charges and accrued income | 490/1 | €14,400 | €15,983 | +€1,583 | +11.0% |
| Total equity and liabilities | 10/49 | €160,812 | €155,135 | -€5,677 | -3.5% |
| Equity | 10/15 | €57,729 | €49,605 | -€8,124 | -14.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | - | €18,600 | +€18,600 | |
| Issued capital | 100 | - | €18,600 | +€18,600 | |
| Reserves | 13 | €32,976 | €24,852 | -€8,124 | -24.6% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €31,116 | €22,992 | -€8,124 | -26.1% |
| Profit (loss) carried forward | 14 | €6,153 | €6,153 | = | 0.0% |
| Amounts payable | 17/49 | €103,083 | €105,530 | +€2,447 | +2.4% |
| Amounts payable after more than one year | 17 | €4,877 | €1,350 | -€3,527 | -72.3% |
| Financial debts | 170/4 | €527 | - | -€527 | |
| Other amounts payable | 178/9 | €4,350 | €1,350 | -€3,000 | -69.0% |
| Amounts payable within one year | 42/48 | €98,206 | €104,180 | +€5,974 | +6.1% |
| Current portion of amounts payable after more than one year | 42 | €3,910 | €1,398 | -€2,512 | -64.2% |
| Financial debts | 43 | €1,680 | €4,227 | +€2,547 | +152% |
| Credit institutions | 430/8 | €1,680 | €4,227 | +€2,547 | +152% |
| Trade debts | 44 | €64,292 | €67,145 | +€2,853 | +4.4% |
| Suppliers | 440/4 | €64,292 | €67,145 | +€2,853 | +4.4% |
| Advances received on contracts in progress | 46 | €6,401 | - | -€6,401 | |
| Taxes, remuneration and social security | 45 | €15,573 | €11,760 | -€3,814 | -24.5% |
| Taxes | 450/3 | €15,573 | €11,760 | -€3,814 | -24.5% |
| Other amounts payable | 47/48 | €6,349 | €19,650 | +€13,301 | +209% |
| Non-recurring operating income | 76A | - | €325 | +€325 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,874 | €9,042 | +€167 | +1.9% |
| Other operating charges | 640/8 | €403 | €2,313 | +€1,910 | +474% |
| Gross operating margin | 9900 | €7,082 | €19,618 | +€12,536 | +177% |
| Operating profit (loss) | 9901 | -€2,195 | €8,263 | +€10,459 | |
| Financial charges | 65/66B | €1,579 | €2,025 | +€446 | +28.3% |
| Recurring financial charges | 65 | €1,579 | €2,025 | +€446 | +28.3% |
| Profit (loss) for the period before taxes | 9903 | -€3,774 | €6,238 | +€10,012 | |
| Income taxes | 67/77 | €275 | €2,809 | +€2,535 | +922% |
| Profit (loss) for the period | 9904 | -€4,049 | €3,429 | +€7,478 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,049 | €3,429 | +€7,478 |
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 19 October 2026 via checked.be.