ALTERIEUR: what changed
What changed
ALTERIEUR
NACE 43.422, Screed work
filed annual accounts (NBB)
Net result for the year
-€104,468
2024 · -€56-€104,412
Equity
€202,627
2024 · €307,095-€104,468
Cash
€58,902
2024 · €53,477+€5,424
Balance sheet total
€467,390
2024 · €506,406-€39,016
Largest movements
Assets
- Tangible fixed assets -€40,686
down €40,686 (-22.9%), from €177,610 to €136,924
of which Other tangible fixed assets: -€20,899
- Stocks and contracts -€18,568
down €18,568 (-21.2%), from €87,632 to €69,064
of which Contracts in progress: -€37,112
- Intangible fixed assets +€17,320
new in 2025: €17,320
- Cash +€5,424
up €5,424 (+10.1%), from €53,477 to €58,902
mainly Short-term financial debts (+€50,000) and Depreciation (+€49,092)
Equity and liabilities
- Profit (loss) carried forward -€104,468
down €104,468 (-5,063%), from -€2,063 to -€106,532
- Short-term financial debts +€50,000
new in 2025: €50,000
- Other debts +€11,974
up €11,974 (+32.9%), from €36,402 to €48,377
- Trade debts +€8,918
up €8,918 (+7.9%), from €112,501 to €121,419
- Debts after one year -€8,356
down €8,356 (-51.2%), from €16,311 to €7,955
Income statement
- Staff costs +€154,743
up €154,743 (+105%), from €147,666 to €302,408
- Gross operating margin +€49,929
up €49,929 (+24.7%), from €201,751 to €251,680
- Depreciation +€9,139
up €9,139 (+22.9%), from €39,952 to €49,092
- Taxes -€5,125
down €5,125 (-96.7%), from €5,301 to €176
- Financial charges -€3,447
down €3,447 (-64.2%), from €5,368 to €1,921
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€56
Gross operating margin
+€49,929
Staff costs
-€154,743
Depreciation
-€9,139
Other operating charges
-€16
Other operating items
+€1,750
Financial income
-€764
Financial charges
+€3,447
Taxes
+€5,125
Result 2025
-€104,468
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€10,818
Investment
-€25,725
Financing
+€41,967
Cash 2024
€53,477
From operations (derived)
-€10,818
Net result for the year
-€104,468
Depreciation
+€49,092
Stocks and contracts
+€18,568
Receivables within one year
+€2,158
Deferred charges and accrued income
+€348
Trade debts
+€8,918
Tax, wage and social debts
+€1,954
Other debts
+€11,974
Accrued charges and deferred income
+€638
Investment (derived)
-€25,725
Investment in fixed assets (net)
-€25,725
Financing
+€41,967
Debts after one year
-€8,356
Current portion of long-term debt
+€323
Short-term financial debts
+€50,000
Cash 2025
€58,902
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €506,406 | €467,390 | -€39,016 | -7.7% |
| Fixed assets | 21/28 | €177,610 | €154,244 | -€23,366 | -13.2% |
| Intangible fixed assets | 21 | - | €17,320 | +€17,320 | |
| Tangible fixed assets | 22/27 | €177,610 | €136,924 | -€40,686 | -22.9% |
| Land and buildings | 22 | €1,938 | €1,328 | -€610 | -31.5% |
| Plant, machinery and equipment | 23 | €897 | €2,174 | +€1,277 | +142% |
| Furniture and vehicles | 24 | €69,106 | €48,652 | -€20,454 | -29.6% |
| Other tangible fixed assets | 26 | €105,669 | €84,770 | -€20,899 | -19.8% |
| Current assets | 29/58 | €328,796 | €313,146 | -€15,650 | -4.8% |
| Stocks and contracts in progress | 3 | €87,632 | €69,064 | -€18,568 | -21.2% |
| Stocks | 30/36 | €50,520 | €69,064 | +€18,544 | +36.7% |
| Contracts in progress | 37 | €37,112 | - | -€37,112 | |
| Amounts receivable within one year | 40/41 | €182,442 | €180,284 | -€2,158 | -1.2% |
| Trade receivables | 40 | €171,688 | €169,680 | -€2,009 | -1.2% |
| Other amounts receivable | 41 | €10,753 | €10,604 | -€149 | -1.4% |
| Cash at bank and in hand | 54/58 | €53,477 | €58,902 | +€5,424 | +10.1% |
| Deferred charges and accrued income | 490/1 | €5,245 | €4,896 | -€348 | -6.6% |
| Total equity and liabilities | 10/49 | €506,406 | €467,390 | -€39,016 | -7.7% |
| Equity | 10/15 | €307,095 | €202,627 | -€104,468 | -34.0% |
| Contributions | 10/11 | €87,510 | €87,510 | = | 0.0% |
| Reserves | 13 | €221,649 | €221,649 | = | 0.0% |
| Distributable reserves | 133 | €221,649 | €221,649 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,063 | -€106,532 | -€104,468 | -5,063% |
| Amounts payable | 17/49 | €199,311 | €264,763 | +€65,452 | +32.8% |
| Amounts payable after more than one year | 17 | €16,311 | €7,955 | -€8,356 | -51.2% |
| Financial debts | 170/4 | €16,311 | €7,955 | -€8,356 | -51.2% |
| Amounts payable within one year | 42/48 | €179,875 | €253,045 | +€73,170 | +40.7% |
| Current portion of amounts payable after more than one year | 42 | €8,033 | €8,356 | +€323 | +4.0% |
| Financial debts | 43 | - | €50,000 | +€50,000 | |
| Other loans | 439 | - | €50,000 | +€50,000 | |
| Trade debts | 44 | €112,501 | €121,419 | +€8,918 | +7.9% |
| Suppliers | 440/4 | €112,501 | €121,419 | +€8,918 | +7.9% |
| Taxes, remuneration and social security | 45 | €22,939 | €24,893 | +€1,954 | +8.5% |
| Taxes | 450/3 | €6,253 | €4,638 | -€1,615 | -25.8% |
| Remuneration and social security | 454/9 | €16,686 | €20,255 | +€3,569 | +21.4% |
| Other amounts payable | 47/48 | €36,402 | €48,377 | +€11,974 | +32.9% |
| Accrued charges and deferred income | 492/3 | €3,125 | €3,763 | +€638 | +20.4% |
| Remuneration, social security and pensions | 62 | €147,666 | €302,408 | +€154,743 | +105% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,952 | €49,092 | +€9,139 | +22.9% |
| Other operating charges | 640/8 | €2,888 | €2,905 | +€16 | +0.6% |
| Non-recurring operating charges | 66A | €1,750 | - | -€1,750 | |
| Gross operating margin | 9900 | €201,751 | €251,680 | +€49,929 | +24.7% |
| Operating profit (loss) | 9901 | €9,495 | -€102,724 | -€112,219 | |
| Financial income | 75/76B | €1,118 | €353 | -€764 | -68.4% |
| Recurring financial income | 75 | €1,118 | €353 | -€764 | -68.4% |
| Financial charges | 65/66B | €5,368 | €1,921 | -€3,447 | -64.2% |
| Recurring financial charges | 65 | €5,368 | €1,921 | -€3,447 | -64.2% |
| Profit (loss) for the period before taxes | 9903 | €5,244 | -€104,292 | -€109,536 | |
| Income taxes | 67/77 | €5,301 | €176 | -€5,125 | -96.7% |
| Profit (loss) for the period | 9904 | -€56 | -€104,468 | -€104,412 | -185,127% |
| Profit (loss) for the period to be appropriated | 9905 | -€56 | -€104,468 | -€104,412 | -185,127% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.