ALTERABITA: 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.
ALTERABITA
Largest movements
- Receivables within one year +€25,010
up €25,010 (+12.8%), from €195,623 to €220,633
of which Trade receivables: +€22,241
- Cash -€7,646
down €7,646 (-35.3%), from €21,683 to €14,037
mainly Advances received (-€53,080) and Receivables within one year (-€25,010)
- Accrued charges and deferred income +€66,950
new in 2025: €66,950
- Advances received -€53,080
no longer reported in 2025 (was €53,080)
- Trade debts -€21,600
down €21,600 (-60.6%), from €35,640 to €14,040
- Short-term financial debts +€12,212
up €12,212 (+91.3%), from €13,378 to €25,589
- Debts after one year +€12,105
new in 2025: €12,105
- Gross operating margin +€11,775
up €11,775 (+38.2%), from €30,843 to €42,618
- Other operating charges +€11,694
up €11,694 (+5,040%), from €232 to €11,926
- Taxes -€9,109
down €9,109 (-59.8%), from €15,239 to €6,130
- Depreciation +€8,848
up €8,848 (+89.1%), from €9,932 to €18,780
- Financial charges -€772
down €772 (-15.0%), from €5,157 to €4,385
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 | €227,678 | €248,633 | +€20,955 | +9.2% |
| Fixed assets | 21/28 | €10,056 | €12,176 | +€2,120 | +21.1% |
| Tangible fixed assets | 22/27 | €10,056 | €12,176 | +€2,120 | +21.1% |
| Furniture and vehicles | 24 | €10,056 | €12,176 | +€2,120 | +21.1% |
| Current assets | 29/58 | €217,621 | €236,457 | +€18,835 | +8.7% |
| Amounts receivable within one year | 40/41 | €195,623 | €220,633 | +€25,010 | +12.8% |
| Trade receivables | 40 | €29,792 | €52,033 | +€22,241 | +74.7% |
| Other amounts receivable | 41 | €165,831 | €168,600 | +€2,769 | +1.7% |
| Cash at bank and in hand | 54/58 | €21,683 | €14,037 | -€7,646 | -35.3% |
| Deferred charges and accrued income | 490/1 | €315 | €1,787 | +€1,472 | +467% |
| Total equity and liabilities | 10/49 | €227,678 | €248,633 | +€20,955 | +9.2% |
| Equity | 10/15 | €118,308 | €119,704 | +€1,396 | +1.2% |
| Contributions | 10/11 | €10,400 | €10,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €106,048 | €107,444 | +€1,396 | +1.3% |
| Amounts payable | 17/49 | €109,370 | €128,929 | +€19,559 | +17.9% |
| Amounts payable after more than one year | 17 | - | €12,105 | +€12,105 | |
| Financial debts | 170/4 | - | €12,105 | +€12,105 | |
| Amounts payable within one year | 42/48 | €109,370 | €49,874 | -€59,496 | -54.4% |
| Current portion of amounts payable after more than one year | 42 | - | €4,568 | +€4,568 | |
| Financial debts | 43 | €13,378 | €25,589 | +€12,212 | +91.3% |
| Credit institutions | 430/8 | €13,378 | €25,589 | +€12,212 | +91.3% |
| Trade debts | 44 | €35,640 | €14,040 | -€21,600 | -60.6% |
| Suppliers | 440/4 | €35,640 | €14,040 | -€21,600 | -60.6% |
| Advances received on contracts in progress | 46 | €53,080 | - | -€53,080 | |
| Taxes, remuneration and social security | 45 | €7,272 | €5,677 | -€1,595 | -21.9% |
| Taxes | 450/3 | €7,272 | €5,677 | -€1,595 | -21.9% |
| Accrued charges and deferred income | 492/3 | - | €66,950 | +€66,950 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,932 | €18,780 | +€8,848 | +89.1% |
| Other operating charges | 640/8 | €232 | €11,926 | +€11,694 | +5,040% |
| Gross operating margin | 9900 | €30,843 | €42,618 | +€11,775 | +38.2% |
| Operating profit (loss) | 9901 | €20,679 | €11,912 | -€8,767 | -42.4% |
| Financial charges | 65/66B | €5,157 | €4,385 | -€772 | -15.0% |
| Recurring financial charges | 65 | €5,157 | €4,385 | -€772 | -15.0% |
| Profit (loss) for the period before taxes | 9903 | €15,521 | €7,527 | -€7,995 | -51.5% |
| Income taxes | 67/77 | €15,239 | €6,130 | -€9,109 | -59.8% |
| Profit (loss) for the period | 9904 | €282 | €1,396 | +€1,114 | +394% |
| Profit (loss) for the period to be appropriated | 9905 | €282 | €1,396 | +€1,114 | +394% |
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 23 October 2026 via checked.be.