ALTCOO: 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.
ALTCOO
Largest movements
- Cash +€48,352
up €48,352 (+26.2%), from €184,628 to €232,980
mainly Net result for the year (+€67,703) and Tax, wage and social debts (+€9,793)
- Receivables within one year +€26,395
up €26,395 (+17.9%), from €147,555 to €173,950
of which Trade receivables: +€27,200
- Stocks and contracts +€9,151
up €9,151 (+122%), from €7,500 to €16,650
- Tangible fixed assets +€5,925
up €5,925, from €0 to €5,925
- Profit (loss) carried forward +€67,703
up €67,703 (+99.4%), from €68,084 to €135,786
- Tax, wage and social debts +€9,793
up €9,793 (+20.7%), from €47,395 to €57,188
of which Remuneration and social security: +€9,551
- Trade debts +€8,112
up €8,112 (+4.8%), from €170,603 to €178,715
- Write-downs -€70,961
down €70,961, from €10,491 to -€60,470
- Staff costs +€17,676
up €17,676 (+4.9%), from €360,070 to €377,746
- Gross operating margin -€8,910
down €8,910 (-2.3%), from €395,554 to €386,644
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 | €353,688 | €439,296 | +€85,608 | +24.2% |
| Fixed assets | 21/28 | €0 | €5,925 | +€5,925 | |
| Tangible fixed assets | 22/27 | €0 | €5,925 | +€5,925 | |
| Plant, machinery and equipment | 23 | €0 | €5,925 | +€5,925 | |
| Current assets | 29/58 | €353,688 | €433,371 | +€79,683 | +22.5% |
| Stocks and contracts in progress | 3 | €7,500 | €16,650 | +€9,151 | +122% |
| Stocks | 30/36 | €7,500 | €16,650 | +€9,151 | +122% |
| Amounts receivable within one year | 40/41 | €147,555 | €173,950 | +€26,395 | +17.9% |
| Trade receivables | 40 | €146,514 | €173,714 | +€27,200 | +18.6% |
| Other amounts receivable | 41 | €1,041 | €236 | -€804 | -77.3% |
| Cash at bank and in hand | 54/58 | €184,628 | €232,980 | +€48,352 | +26.2% |
| Deferred charges and accrued income | 490/1 | €14,006 | €9,790 | -€4,215 | -30.1% |
| Total equity and liabilities | 10/49 | €353,688 | €439,296 | +€85,608 | +24.2% |
| Equity | 10/15 | €88,709 | €156,411 | +€67,703 | +76.3% |
| Contributions | 10/11 | €18,750 | €18,750 | = | 0.0% |
| Reserves | 13 | €1,875 | €1,875 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,875 | €1,875 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,875 | €1,875 | = | 0.0% |
| Profit (loss) carried forward | 14 | €68,084 | €135,786 | +€67,703 | +99.4% |
| Amounts payable | 17/49 | €264,980 | €282,885 | +€17,905 | +6.8% |
| Amounts payable within one year | 42/48 | €264,980 | €282,885 | +€17,905 | +6.8% |
| Trade debts | 44 | €170,603 | €178,715 | +€8,112 | +4.8% |
| Suppliers | 440/4 | €170,603 | €178,715 | +€8,112 | +4.8% |
| Advances received on contracts in progress | 46 | €20,000 | €20,000 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €47,395 | €57,188 | +€9,793 | +20.7% |
| Taxes | 450/3 | €6,114 | €6,356 | +€242 | +4.0% |
| Remuneration and social security | 454/9 | €41,281 | €50,832 | +€9,551 | +23.1% |
| Other amounts payable | 47/48 | €26,982 | €26,982 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €360,070 | €377,746 | +€17,676 | +4.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €947 | €9 | -€938 | -99.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €10,491 | -€60,470 | -€70,961 | |
| Other operating charges | 640/8 | €1,145 | €1,160 | +€15 | +1.3% |
| Gross operating margin | 9900 | €395,554 | €386,644 | -€8,910 | -2.3% |
| Operating profit (loss) | 9901 | €22,901 | €68,199 | +€45,298 | +198% |
| Financial income | 75/76B | €368 | €0 | -€368 | -100% |
| Recurring financial income | 75 | €368 | €0 | -€368 | -100% |
| Financial charges | 65/66B | €340 | €496 | +€156 | +46.0% |
| Recurring financial charges | 65 | €340 | €496 | +€156 | +46.0% |
| Profit (loss) for the period before taxes | 9903 | €22,929 | €67,703 | +€44,773 | +195% |
| Profit (loss) for the period | 9904 | €22,929 | €67,703 | +€44,773 | +195% |
| Profit (loss) for the period to be appropriated | 9905 | €22,929 | €67,703 | +€44,773 | +195% |
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 16 October 2026 via checked.be.