ALTEBY CONSULT: 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.
ALTEBY CONSULT
Largest movements
- Tangible fixed assets +€70,656
up €70,656 (+60.2%), from €117,421 to €188,078
of which Furniture and vehicles: +€35,474
- Cash +€20,045
up €20,045 (+175%), from €11,435 to €31,480
mainly Debts after one year (+€38,872) and Net result for the year (+€34,147)
- Deferred charges and accrued income -€10,489
down €10,489 (-94.1%), from €11,144 to €655
- Receivables within one year -€9,346
down €9,346 (-11.5%), from €81,082 to €71,736
of which Other amounts receivable: -€7,965
- Debts after one year +€38,872
up €38,872 (+56.5%), from €68,848 to €107,720
- Reserves +€34,147
up €34,147 (+38.4%), from €88,948 to €123,095
- Current portion of long-term debt +€9,490
new in 2024: €9,490
- Tax, wage and social debts -€8,926
down €8,926 (-22.6%), from €39,524 to €30,597
of which Taxes: -€8,963
- Gross operating margin +€11,307
up €11,307 (+22.6%), from €50,114 to €61,421
- Depreciation +€4,821
up €4,821 (+365%), from €1,322 to €6,142
- Financial charges +€3,503
up €3,503 (+413%), from €849 to €4,351
- Taxes -€1,415
down €1,415 (-8.4%), from €16,915 to €15,501
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €221,082 | €291,948 | +€70,866 | +32.1% |
| Fixed assets | 21/28 | €117,421 | €188,078 | +€70,656 | +60.2% |
| Tangible fixed assets | 22/27 | €117,421 | €188,078 | +€70,656 | +60.2% |
| Land and buildings | 22 | €115,825 | €148,292 | +€32,467 | +28.0% |
| Plant, machinery and equipment | 23 | - | €2,716 | +€2,716 | |
| Furniture and vehicles | 24 | €1,597 | €37,070 | +€35,474 | +2,222% |
| Current assets | 29/58 | €103,661 | €103,870 | +€210 | +0.2% |
| Amounts receivable within one year | 40/41 | €81,082 | €71,736 | -€9,346 | -11.5% |
| Trade receivables | 40 | €73,117 | €71,736 | -€1,381 | -1.9% |
| Other amounts receivable | 41 | €7,965 | - | -€7,965 | |
| Cash at bank and in hand | 54/58 | €11,435 | €31,480 | +€20,045 | +175% |
| Deferred charges and accrued income | 490/1 | €11,144 | €655 | -€10,489 | -94.1% |
| Total equity and liabilities | 10/49 | €221,082 | €291,948 | +€70,866 | +32.1% |
| Equity | 10/15 | €101,348 | €135,495 | +€34,147 | +33.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €88,948 | €123,095 | +€34,147 | +38.4% |
| Distributable reserves | 133 | €88,948 | €123,095 | +€34,147 | +38.4% |
| Amounts payable | 17/49 | €119,734 | €156,453 | +€36,719 | +30.7% |
| Amounts payable after more than one year | 17 | €68,848 | €107,720 | +€38,872 | +56.5% |
| Financial debts | 170/4 | €68,848 | €107,720 | +€38,872 | +56.5% |
| Amounts payable within one year | 42/48 | €48,332 | €48,646 | +€314 | +0.6% |
| Current portion of amounts payable after more than one year | 42 | - | €9,490 | +€9,490 | |
| Trade debts | 44 | €4,196 | €3,292 | -€904 | -21.5% |
| Suppliers | 440/4 | €4,196 | €3,292 | -€904 | -21.5% |
| Taxes, remuneration and social security | 45 | €39,524 | €30,597 | -€8,926 | -22.6% |
| Taxes | 450/3 | €34,414 | €25,451 | -€8,963 | -26.0% |
| Remuneration and social security | 454/9 | €5,110 | €5,147 | +€37 | +0.7% |
| Other amounts payable | 47/48 | €4,613 | €5,266 | +€653 | +14.2% |
| Accrued charges and deferred income | 492/3 | €2,554 | €87 | -€2,467 | -96.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,322 | €6,142 | +€4,821 | +365% |
| Other operating charges | 640/8 | €1,220 | €1,396 | +€175 | +14.3% |
| Gross operating margin | 9900 | €50,114 | €61,421 | +€11,307 | +22.6% |
| Operating profit (loss) | 9901 | €47,572 | €53,883 | +€6,311 | +13.3% |
| Financial income | 75/76B | €0 | €115 | +€115 | +1,153,900% |
| Recurring financial income | 75 | €0 | €115 | +€115 | +1,153,900% |
| Financial charges | 65/66B | €849 | €4,351 | +€3,503 | +413% |
| Recurring financial charges | 65 | €849 | €4,351 | +€3,503 | +413% |
| Profit (loss) for the period before taxes | 9903 | €46,723 | €49,647 | +€2,924 | +6.3% |
| Income taxes | 67/77 | €16,915 | €15,501 | -€1,415 | -8.4% |
| Profit (loss) for the period | 9904 | €29,808 | €34,147 | +€4,339 | +14.6% |
| Profit (loss) for the period to be appropriated | 9905 | €29,808 | €34,147 | +€4,339 | +14.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.