ALTEREGO: 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.
ALTEREGO
Largest movements
- Deferred charges and accrued income -€92,375
down €92,375 (-100.0%), from €92,375 to €0
- Stocks and contracts -€56,019
down €56,019 (-41.8%), from €134,120 to €78,101
- Cash +€18,346
up €18,346 (+6.0%), from €303,742 to €322,088
mainly Deferred charges and accrued income (+€92,375) and Stocks and contracts (+€56,019)
- Profit (loss) carried forward -€96,498
down €96,498 (-2.4%), from -€4.0m to -€4.1m
- Accrued charges and deferred income -€24,366
no longer reported in 2024 (was €24,366)
- Financial income -€405,008
down €405,008 (-100.0%), from €405,008 to €0
of which Non-recurring financial income: -€405,007
- Staff costs +€252,487
no longer reported in 2024 (was -€252,487)
- Gross operating margin +€35,728
up €35,728 (+27.2%), from -€131,382 to -€95,654
- Other operating charges -€12,341
down €12,341 (-99.5%), from €12,405 to €64
- Write-downs +€7,383
no longer reported in 2024 (was -€7,383)
From the 31-12-2023 result to the 31-12-2024 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.
Cash bridge derived
Derived from the 31-12-2023 and 31-12-2024 balance sheets and the 31-12-2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 31-12-2023 | 31-12-2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,196,550 | €1,066,026 | -€130,524 | -10.9% |
| Fixed assets | 21/28 | €148,139 | €148,139 | = | 0.0% |
| Tangible fixed assets | 22/27 | €140,746 | €140,746 | = | 0.0% |
| Plant, machinery and equipment | 23 | €630 | €630 | = | 0.0% |
| Furniture and vehicles | 24 | €134,116 | €134,116 | = | 0.0% |
| Other tangible fixed assets | 26 | €6,000 | €6,000 | = | 0.0% |
| Financial fixed assets | 28 | €7,392 | €7,392 | = | 0.0% |
| Current assets | 29/58 | €1,048,412 | €917,888 | -€130,524 | -12.4% |
| Stocks and contracts in progress | 3 | €134,120 | €78,101 | -€56,019 | -41.8% |
| Stocks | 30/36 | €134,120 | €78,101 | -€56,019 | -41.8% |
| Amounts receivable within one year | 40/41 | €518,176 | €517,699 | -€477 | -0.1% |
| Trade receivables | 40 | €386,191 | €385,714 | -€477 | -0.1% |
| Other amounts receivable | 41 | €131,985 | €131,985 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €303,742 | €322,088 | +€18,346 | +6.0% |
| Deferred charges and accrued income | 490/1 | €92,375 | €0 | -€92,375 | -100.0% |
| Total equity and liabilities | 10/49 | €1,196,550 | €1,066,026 | -€130,524 | -10.9% |
| Equity | 10/15 | -€2,846,619 | -€2,943,117 | -€96,498 | -3.4% |
| Contributions | 10/11 | €1,122,233 | €1,122,233 | = | 0.0% |
| Capital | 10 | €1,122,233 | €1,122,233 | = | 0.0% |
| Issued capital | 100 | €1,122,233 | €1,122,233 | = | 0.0% |
| Reserves | 13 | €5,823 | €5,823 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,661 | €2,661 | = | 0.0% |
| Legal reserve | 130 | €2,661 | €2,661 | = | 0.0% |
| Tax-exempt reserves | 132 | €3,162 | €3,162 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,974,675 | -€4,071,173 | -€96,498 | -2.4% |
| Provisions and deferred taxes | 16 | €574,665 | €574,665 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €574,665 | €574,665 | = | 0.0% |
| Other liabilities and charges | 164/5 | €574,665 | €574,665 | = | 0.0% |
| Amounts payable | 17/49 | €3,468,505 | €3,434,479 | -€34,025 | -1.0% |
| Amounts payable after more than one year | 17 | €1,076,979 | €1,076,979 | = | 0.0% |
| Financial debts | 170/4 | €1,076,979 | €1,076,979 | = | 0.0% |
| Amounts payable within one year | 42/48 | €2,367,159 | €2,357,500 | -€9,660 | -0.4% |
| Current portion of amounts payable after more than one year | 42 | €224,950 | €224,950 | = | 0.0% |
| Financial debts | 43 | €380,000 | €380,000 | = | 0.0% |
| Credit institutions | 430/8 | €380,000 | €380,000 | = | 0.0% |
| Trade debts | 44 | €1,226,831 | €1,222,918 | -€3,913 | -0.3% |
| Suppliers | 440/4 | €1,226,831 | €1,222,918 | -€3,913 | -0.3% |
| Taxes, remuneration and social security | 45 | €535,378 | €529,631 | -€5,747 | -1.1% |
| Taxes | 450/3 | €535,378 | €529,631 | -€5,747 | -1.1% |
| Accrued charges and deferred income | 492/3 | €24,366 | - | -€24,366 | |
| Remuneration, social security and pensions | 62 | -€252,487 | - | +€252,487 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€7,383 | - | +€7,383 | |
| Other operating charges | 640/8 | €12,405 | €64 | -€12,341 | -99.5% |
| Gross operating margin | 9900 | -€131,382 | -€95,654 | +€35,728 | +27.2% |
| Operating profit (loss) | 9901 | €116,083 | -€95,718 | -€211,801 | |
| Financial income | 75/76B | €405,008 | €0 | -€405,008 | -100.0% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -100.0% |
| Non-recurring financial income | 76B | €405,007 | - | -€405,007 | |
| Financial charges | 65/66B | €6,334 | €781 | -€5,553 | -87.7% |
| Recurring financial charges | 65 | €6,334 | €781 | -€5,553 | -87.7% |
| Profit (loss) for the period before taxes | 9903 | €514,757 | -€96,498 | -€611,255 | |
| Profit (loss) for the period | 9904 | €514,757 | -€96,498 | -€611,255 | |
| Profit (loss) for the period to be appropriated | 9905 | €514,757 | -€96,498 | -€611,255 |
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 11 October 2026 via checked.be.