AlterVal3d: 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.
AlterVal3d
Largest movements
- Cash +€18,465
up €18,465 (+111%), from €16,581 to €35,047
mainly Net result for the year (+€18,141) and Tax, wage and social debts (+€5,846)
- Financial fixed assets +€7,500
up €7,500 (+13.0%), from €57,549 to €65,049
- Receivables within one year -€1,525
down €1,525 (-3.1%), from €48,864 to €47,339
of which Other amounts receivable: -€25,268
- Profit (loss) carried forward +€13,141
up €13,141 (+35.7%), from €36,803 to €49,945
- Tax, wage and social debts +€5,846
up €5,846 (+89.6%), from €6,522 to €12,368
of which Taxes: +€4,887
- Reserves +€5,000
up €5,000 (+8.0%), from €62,860 to €67,860
of which Distributable reserves: +€5,000
- Gross operating margin +€8,728
up €8,728 (+49.3%), from €17,687 to €26,415
- Taxes +€1,433
up €1,433 (+24.0%), from €5,972 to €7,405
- Financial income -€1,115
down €1,115 (-73.6%), from €1,514 to €399
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 | €125,766 | €149,341 | +€23,574 | +18.7% |
| Fixed assets | 21/28 | €60,321 | €66,955 | +€6,634 | +11.0% |
| Tangible fixed assets | 22/27 | €2,772 | €1,905 | -€866 | -31.2% |
| Furniture and vehicles | 24 | €2,772 | €1,905 | -€866 | -31.2% |
| Financial fixed assets | 28 | €57,549 | €65,049 | +€7,500 | +13.0% |
| Current assets | 29/58 | €65,446 | €82,386 | +€16,940 | +25.9% |
| Amounts receivable within one year | 40/41 | €48,864 | €47,339 | -€1,525 | -3.1% |
| Trade receivables | 40 | - | €23,743 | +€23,743 | |
| Other amounts receivable | 41 | €48,864 | €23,597 | -€25,268 | -51.7% |
| Cash at bank and in hand | 54/58 | €16,581 | €35,047 | +€18,465 | +111% |
| Total equity and liabilities | 10/49 | €125,766 | €149,341 | +€23,574 | +18.7% |
| Equity | 10/15 | €118,263 | €136,405 | +€18,141 | +15.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €62,860 | €67,860 | +€5,000 | +8.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €61,000 | €66,000 | +€5,000 | +8.2% |
| Profit (loss) carried forward | 14 | €36,803 | €49,945 | +€13,141 | +35.7% |
| Amounts payable | 17/49 | €7,503 | €12,936 | +€5,433 | +72.4% |
| Amounts payable within one year | 42/48 | €7,503 | €12,936 | +€5,433 | +72.4% |
| Trade debts | 44 | €981 | €444 | -€537 | -54.7% |
| Suppliers | 440/4 | €981 | €444 | -€537 | -54.7% |
| Taxes, remuneration and social security | 45 | €6,522 | €12,368 | +€5,846 | +89.6% |
| Taxes | 450/3 | €1,988 | €6,875 | +€4,887 | +246% |
| Remuneration and social security | 454/9 | €4,534 | €5,493 | +€959 | +21.1% |
| Other amounts payable | 47/48 | - | €124 | +€124 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €866 | €866 | = | 0.0% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €17,687 | €26,415 | +€8,728 | +49.3% |
| Operating profit (loss) | 9901 | €16,434 | €25,149 | +€8,715 | +53.0% |
| Financial income | 75/76B | €1,514 | €399 | -€1,115 | -73.6% |
| Recurring financial income | 75 | €1,514 | €399 | -€1,115 | -73.6% |
| Financial charges | 65/66B | - | €2 | +€2 | |
| Recurring financial charges | 65 | - | €2 | +€2 | |
| Profit (loss) for the period before taxes | 9903 | €17,948 | €25,546 | +€7,598 | +42.3% |
| Income taxes | 67/77 | €5,972 | €7,405 | +€1,433 | +24.0% |
| Profit (loss) for the period | 9904 | €11,977 | €18,141 | +€6,165 | +51.5% |
| Profit (loss) for the period to be appropriated | 9905 | €11,977 | €18,141 | +€6,165 | +51.5% |
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 19 October 2026 via checked.be.