Altesia Procurement: 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.
Altesia Procurement
Largest movements
- Receivables within one year +€95,296
up €95,296 (+59.4%), from €160,534 to €255,830
of which Trade receivables: +€93,408
- Cash -€61,846
down €61,846 (-74.5%), from €83,059 to €21,214
mainly Receivables within one year (-€95,296) and Net result for the year (-€27,223)
- Intangible fixed assets -€7,756
down €7,756 (-34.7%), from €22,335 to €14,579
- Trade debts +€50,543
up €50,543 (+23.2%), from €217,440 to €267,982
- Profit (loss) carried forward -€27,223
down €27,223 (-77.1%), from -€35,308 to -€62,532
- Tax, wage and social debts +€23,268
up €23,268 (+42.5%), from €54,779 to €78,047
of which Taxes: +€19,428
- Provisions -€14,363
down €14,363 (-50.0%), from €28,726 to €14,363
- Other debts -€6,683
down €6,683 (-100%), from €6,683 to €0
- Gross operating margin +€34,464
up €34,464 (+8.3%), from €413,143 to €447,606
- Staff costs +€25,745
up €25,745 (+5.8%), from €444,510 to €470,255
- Provisions -€14,363
new in 2025: -€14,363
- Depreciation +€7,422
up €7,422 (+164%), from €4,525 to €11,947
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 | €278,319 | €303,860 | +€25,541 | +9.2% |
| Fixed assets | 21/28 | €34,726 | €24,041 | -€10,685 | -30.8% |
| Intangible fixed assets | 21 | €22,335 | €14,579 | -€7,756 | -34.7% |
| Tangible fixed assets | 22/27 | €11,941 | €9,012 | -€2,929 | -24.5% |
| Furniture and vehicles | 24 | €11,941 | €9,012 | -€2,929 | -24.5% |
| Financial fixed assets | 28 | €450 | €450 | = | 0.0% |
| Current assets | 29/58 | €243,593 | €279,819 | +€36,226 | +14.9% |
| Amounts receivable within one year | 40/41 | €160,534 | €255,830 | +€95,296 | +59.4% |
| Trade receivables | 40 | €133,684 | €227,092 | +€93,408 | +69.9% |
| Other amounts receivable | 41 | €26,850 | €28,738 | +€1,888 | +7.0% |
| Cash at bank and in hand | 54/58 | €83,059 | €21,214 | -€61,846 | -74.5% |
| Deferred charges and accrued income | 490/1 | - | €2,775 | +€2,775 | |
| Total equity and liabilities | 10/49 | €278,319 | €303,860 | +€25,541 | +9.2% |
| Equity | 10/15 | -€29,308 | -€56,532 | -€27,223 | -92.9% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€35,308 | -€62,532 | -€27,223 | -77.1% |
| Provisions and deferred taxes | 16 | €28,726 | €14,363 | -€14,363 | -50.0% |
| Provisions for liabilities and charges | 160/5 | €28,726 | €14,363 | -€14,363 | -50.0% |
| Other liabilities and charges | 164/5 | €28,726 | €14,363 | -€14,363 | -50.0% |
| Amounts payable | 17/49 | €278,901 | €346,029 | +€67,128 | +24.1% |
| Amounts payable within one year | 42/48 | €278,901 | €346,029 | +€67,128 | +24.1% |
| Trade debts | 44 | €217,440 | €267,982 | +€50,543 | +23.2% |
| Suppliers | 440/4 | €217,440 | €267,982 | +€50,543 | +23.2% |
| Taxes, remuneration and social security | 45 | €54,779 | €78,047 | +€23,268 | +42.5% |
| Taxes | 450/3 | €10,871 | €30,298 | +€19,428 | +179% |
| Remuneration and social security | 454/9 | €43,908 | €47,748 | +€3,840 | +8.7% |
| Other amounts payable | 47/48 | €6,683 | €0 | -€6,683 | -100% |
| Remuneration, social security and pensions | 62 | €444,510 | €470,255 | +€25,745 | +5.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,525 | €11,947 | +€7,422 | +164% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | -€14,363 | -€14,363 | |
| Other operating charges | 640/8 | €75 | €0 | -€75 | -100% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €413,143 | €447,606 | +€34,464 | +8.3% |
| Operating profit (loss) | 9901 | -€35,968 | -€20,233 | +€15,735 | +43.7% |
| Financial income | 75/76B | - | €392 | +€392 | |
| Recurring financial income | 75 | - | €392 | +€392 | |
| Non-recurring financial income | 76B | - | €392 | +€392 | |
| Financial charges | 65/66B | €5,655 | €6,072 | +€417 | +7.4% |
| Recurring financial charges | 65 | €5,655 | €6,072 | +€417 | +7.4% |
| Profit (loss) for the period before taxes | 9903 | -€41,622 | -€25,912 | +€15,710 | +37.7% |
| Income taxes | 67/77 | €1,114 | €1,311 | +€197 | +17.7% |
| Profit (loss) for the period | 9904 | -€42,736 | -€27,223 | +€15,513 | +36.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€42,736 | -€27,223 | +€15,513 | +36.3% |
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 17 October 2026 via checked.be.