ALTER EGO: 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.
ALTER EGO
Largest movements
- Tangible fixed assets -€11,796
down €11,796 (-4.8%), from €245,748 to €233,952
of which Land and buildings: -€6,177
- Receivables within one year +€7,867
up €7,867 (+69.1%), from €11,378 to €19,244
of which Trade receivables: +€5,984
- Debts after one year -€19,887
down €19,887 (-16.2%), from €122,993 to €103,106
- Reserves +€14,296
up €14,296 (+52.0%), from €27,470 to €41,766
- Tax, wage and social debts +€3,071
up €3,071 (+663%), from €463 to €3,534
of which Remuneration and social security: +€1,915
- Other debts -€3,055
down €3,055 (-7.2%), from €42,584 to €39,529
- Gross operating margin +€20,257
up €20,257 (+108%), from €18,715 to €38,972
- Taxes +€5,156
up €5,156 (+3,696%), from €140 to €5,296
- Other operating charges -€2,512
down €2,512 (-50.8%), from €4,942 to €2,430
- Depreciation +€653
up €653 (+5.9%), from €11,143 to €11,796
- Financial charges -€651
down €651 (-11.2%), from €5,811 to €5,161
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 | €259,448 | €253,712 | -€5,737 | -2.2% |
| Fixed assets | 21/28 | €245,748 | €233,952 | -€11,796 | -4.8% |
| Tangible fixed assets | 22/27 | €245,748 | €233,952 | -€11,796 | -4.8% |
| Land and buildings | 22 | €227,232 | €221,054 | -€6,177 | -2.7% |
| Plant, machinery and equipment | 23 | €1,470 | €102 | -€1,368 | -93.0% |
| Furniture and vehicles | 24 | €17,046 | €12,795 | -€4,251 | -24.9% |
| Current assets | 29/58 | €13,700 | €19,760 | +€6,060 | +44.2% |
| Amounts receivable within one year | 40/41 | €11,378 | €19,244 | +€7,867 | +69.1% |
| Trade receivables | 40 | €9,795 | €15,779 | +€5,984 | +61.1% |
| Other amounts receivable | 41 | €1,583 | €3,466 | +€1,883 | +119% |
| Cash at bank and in hand | 54/58 | €2,322 | €515 | -€1,807 | -77.8% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €259,448 | €253,712 | -€5,737 | -2.2% |
| Equity | 10/15 | €71,303 | €85,599 | +€14,296 | +20.0% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Reserves | 13 | €27,470 | €41,766 | +€14,296 | +52.0% |
| Distributable reserves | 133 | €27,470 | €41,766 | +€14,296 | +52.0% |
| Profit (loss) carried forward | 14 | €3,833 | €3,833 | = | 0.0% |
| Amounts payable | 17/49 | €188,146 | €168,113 | -€20,032 | -10.6% |
| Amounts payable after more than one year | 17 | €122,993 | €103,106 | -€19,887 | -16.2% |
| Financial debts | 170/4 | €122,993 | €103,106 | -€19,887 | -16.2% |
| Amounts payable within one year | 42/48 | €65,152 | €65,007 | -€145 | -0.2% |
| Current portion of amounts payable after more than one year | 42 | €19,189 | €19,887 | +€698 | +3.6% |
| Financial debts | 43 | €1,659 | €250 | -€1,409 | -84.9% |
| Credit institutions | 430/8 | €1,659 | €250 | -€1,409 | -84.9% |
| Trade debts | 44 | €1,258 | €1,808 | +€550 | +43.7% |
| Suppliers | 440/4 | €1,258 | €1,808 | +€550 | +43.7% |
| Taxes, remuneration and social security | 45 | €463 | €3,534 | +€3,071 | +663% |
| Taxes | 450/3 | €463 | €1,619 | +€1,156 | +250% |
| Remuneration and social security | 454/9 | €0 | €1,915 | +€1,915 | |
| Other amounts payable | 47/48 | €42,584 | €39,529 | -€3,055 | -7.2% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,143 | €11,796 | +€653 | +5.9% |
| Other operating charges | 640/8 | €4,942 | €2,430 | -€2,512 | -50.8% |
| Gross operating margin | 9900 | €18,715 | €38,972 | +€20,257 | +108% |
| Operating profit (loss) | 9901 | €2,630 | €24,745 | +€22,116 | +841% |
| Financial income | 75/76B | €423 | €7 | -€416 | -98.4% |
| Recurring financial income | 75 | €10 | €7 | -€3 | -32.2% |
| Non-recurring financial income | 76B | €413 | €0 | -€413 | -100% |
| Financial charges | 65/66B | €5,811 | €5,161 | -€651 | -11.2% |
| Recurring financial charges | 65 | €5,811 | €5,161 | -€651 | -11.2% |
| Profit (loss) for the period before taxes | 9903 | -€2,759 | €19,591 | +€22,350 | |
| Income taxes | 67/77 | €140 | €5,296 | +€5,156 | +3,696% |
| Profit (loss) for the period | 9904 | -€2,898 | €14,296 | +€17,194 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,898 | €14,296 | +€17,194 |
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 18 October 2026 via checked.be.