ALTERITAM: 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.
ALTERITAM
Largest movements
- Cash -€8,838
down €8,838 (-89.1%), from €9,916 to €1,077
mainly Net result for the year (-€8,563) and Investment in fixed assets (net) (-€3,808)
- Tangible fixed assets +€1,954
up €1,954 (+48.2%), from €4,055 to €6,009
- Intangible fixed assets -€813
no longer reported in 2024 (was €813)
- Formation expenses -€521
down €521 (-33.7%), from €1,546 to €1,025
- Deferred charges and accrued income -€225
no longer reported in 2024 (was €225)
- Profit (loss) carried forward -€8,563
down €8,563, from €2,234 to -€6,329
- Tax, wage and social debts +€2,141
up €2,141 (+79.0%), from €2,710 to €4,851
of which Remuneration and social security: +€1,913
- Trade debts -€1,402
down €1,402 (-23.8%), from €5,893 to €4,491
- Other debts -€620
down €620 (-12.6%), from €4,918 to €4,298
- Gross operating margin -€4,344
down €4,344 (-86.0%), from €5,051 to €707
- Other operating charges +€2,208
up €2,208 (+215%), from €1,026 to €3,234
- Taxes +€1,733
up €1,733 (+193%), from €900 to €2,633
- Financial charges -€472
down €472 (-68.6%), from €688 to €216
- Depreciation +€411
up €411 (+14.8%), from €2,777 to €3,187
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 | €18,755 | €10,312 | -€8,443 | -45.0% |
| Formation expenses | 20 | €1,546 | €1,025 | -€521 | -33.7% |
| Fixed assets | 21/28 | €7,068 | €8,209 | +€1,141 | +16.1% |
| Intangible fixed assets | 21 | €813 | - | -€813 | |
| Tangible fixed assets | 22/27 | €4,055 | €6,009 | +€1,954 | +48.2% |
| Furniture and vehicles | 24 | €4,055 | €6,009 | +€1,954 | +48.2% |
| Financial fixed assets | 28 | €2,200 | €2,200 | = | 0.0% |
| Current assets | 29/58 | €10,141 | €1,077 | -€9,064 | -89.4% |
| Cash at bank and in hand | 54/58 | €9,916 | €1,077 | -€8,838 | -89.1% |
| Deferred charges and accrued income | 490/1 | €225 | - | -€225 | |
| Total equity and liabilities | 10/49 | €18,755 | €10,312 | -€8,443 | -45.0% |
| Equity | 10/15 | €5,234 | -€3,329 | -€8,563 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,234 | -€6,329 | -€8,563 | |
| Amounts payable | 17/49 | €13,521 | €13,640 | +€119 | +0.9% |
| Amounts payable within one year | 42/48 | €13,521 | €13,640 | +€119 | +0.9% |
| Trade debts | 44 | €5,893 | €4,491 | -€1,402 | -23.8% |
| Suppliers | 440/4 | €5,893 | €4,491 | -€1,402 | -23.8% |
| Taxes, remuneration and social security | 45 | €2,710 | €4,851 | +€2,141 | +79.0% |
| Taxes | 450/3 | €2,500 | €2,729 | +€229 | +9.1% |
| Remuneration and social security | 454/9 | €210 | €2,123 | +€1,913 | +911% |
| Other amounts payable | 47/48 | €4,918 | €4,298 | -€620 | -12.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,777 | €3,187 | +€411 | +14.8% |
| Other operating charges | 640/8 | €1,026 | €3,234 | +€2,208 | +215% |
| Gross operating margin | 9900 | €5,051 | €707 | -€4,344 | -86.0% |
| Operating profit (loss) | 9901 | €1,249 | -€5,714 | -€6,963 | |
| Financial charges | 65/66B | €688 | €216 | -€472 | -68.6% |
| Recurring financial charges | 65 | €688 | €216 | -€472 | -68.6% |
| Profit (loss) for the period before taxes | 9903 | €561 | -€5,930 | -€6,491 | |
| Income taxes | 67/77 | €900 | €2,633 | +€1,733 | +193% |
| Profit (loss) for the period | 9904 | -€339 | -€8,563 | -€8,223 | -2,423% |
| Profit (loss) for the period to be appropriated | 9905 | -€339 | -€8,563 | -€8,223 | -2,423% |
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 14 October 2026 via checked.be.