ALTAY: 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.
ALTAY
Largest movements
- Cash -€12,272
down €12,272 (-54.5%), from €22,519 to €10,247
mainly Investment in fixed assets (net) (-€10,486) and Stocks and contracts (-€1,954)
- Tangible fixed assets +€9,770
up €9,770 (+649.4%), from €1,504 to €11,274
of which Plant, machinery and equipment: +€10,014
- Stocks and contracts +€1,954
up €1,954 (+108.1%), from €1,808 to €3,762
- Trade debts -€1,402
down €1,402 (-33.3%), from €4,205 to €2,803
- Tax, wage and social debts +€668
new in 2025: €668
- Turnover +€60,782
new in 2025: €60,782
- Purchases and services +€59,901
new in 2025: €59,901
- Gross operating margin -€8,676
down €8,676 (-90.6%), from €9,572 to €896
- Depreciation -€612
down €612 (-46.1%), from €1,329 to €716
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 | €29,377 | €28,855 | -€523 | -1.8% |
| Fixed assets | 21/28 | €2,608 | €12,378 | +€9,770 | +374.6% |
| Tangible fixed assets | 22/27 | €1,504 | €11,274 | +€9,770 | +649.4% |
| Plant, machinery and equipment | 23 | €311 | €10,325 | +€10,014 | +3223.1% |
| Furniture and vehicles | 24 | €1,194 | €949 | -€244 | -20.5% |
| Financial fixed assets | 28 | €1,104 | €1,104 | = | 0.0% |
| Current assets | 29/58 | €26,769 | €16,477 | -€10,292 | -38.4% |
| Stocks and contracts in progress | 3 | €1,808 | €3,762 | +€1,954 | +108.1% |
| Stocks | 30/36 | €1,808 | €3,762 | +€1,954 | +108.1% |
| Amounts receivable within one year | 40/41 | €2,442 | €2,467 | +€25 | +1.0% |
| Trade receivables | 40 | €1,369 | €2,467 | +€1,098 | +80.2% |
| Other amounts receivable | 41 | €1,073 | - | -€1,073 | |
| Cash at bank and in hand | 54/58 | €22,519 | €10,247 | -€12,272 | -54.5% |
| Total equity and liabilities | 10/49 | €29,377 | €28,855 | -€523 | -1.8% |
| Equity | 10/15 | €25,118 | €25,254 | +€136 | +0.5% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,118 | €5,254 | +€136 | +2.7% |
| Amounts payable | 17/49 | €4,259 | €3,600 | -€659 | -15.5% |
| Amounts payable within one year | 42/48 | €4,259 | €3,600 | -€659 | -15.5% |
| Trade debts | 44 | €4,205 | €2,803 | -€1,402 | -33.3% |
| Suppliers | 440/4 | €4,205 | €2,803 | -€1,402 | -33.3% |
| Taxes, remuneration and social security | 45 | - | €668 | +€668 | |
| Taxes | 450/3 | - | €668 | +€668 | |
| Other amounts payable | 47/48 | €55 | €129 | +€75 | +137.6% |
| Turnover | 70 | - | €60,782 | +€60,782 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €59,901 | +€59,901 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,329 | €716 | -€612 | -46.1% |
| Gross operating margin | 9900 | €9,572 | €896 | -€8,676 | -90.6% |
| Operating profit (loss) | 9901 | €8,243 | €179 | -€8,064 | -97.8% |
| Financial income | 75/76B | €0 | €0 | -€0 | -86.4% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -86.4% |
| Financial charges | 65/66B | €70 | €43 | -€26 | -37.7% |
| Recurring financial charges | 65 | €70 | €43 | -€26 | -37.7% |
| Profit (loss) for the period before taxes | 9903 | €8,174 | €136 | -€8,038 | -98.3% |
| Profit (loss) for the period | 9904 | €8,174 | €136 | -€8,038 | -98.3% |
| Profit (loss) for the period to be appropriated | 9905 | €8,174 | €136 | -€8,038 | -98.3% |
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.