ALTHIER: what changed
Two fiscal 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.
ALTHIER
Largest movements
- Cash +€345,428
up €345,428 (+212.3%), from €162,702 to €508,129
mainly Net result for the year (+€226,150) and Other debts (+€224,429)
- Financial fixed assets +€235,000
new in 2025: €235,000
- Reserves +€226,150
up €226,150 (+197.7%), from €114,380 to €340,530
- Other debts +€224,429
new in 2025: €224,429
- Provisions +€68,360
new in 2025: €68,360
- Tax, wage and social debts +€67,369
up €67,369 (+142.4%), from €47,316 to €114,684
- Gross operating margin +€224,692
up €224,692 (+138.9%), from €161,751 to €386,443
- Provisions +€68,360
new in 2025: €68,360
- Taxes +€67,369
up €67,369 (+142.4%), from €47,316 to €114,684
- Financial income +€23,479
up €23,479 (+45946.6%), from €51 to €23,530
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.
Cash bridge derived
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 | €165,416 | €751,865 | +€586,449 | +354.5% |
| Fixed assets | 21/28 | - | €235,573 | +€235,573 | |
| Tangible fixed assets | 22/27 | - | €573 | +€573 | |
| Plant, machinery and equipment | 23 | - | €573 | +€573 | |
| Financial fixed assets | 28 | - | €235,000 | +€235,000 | |
| Current assets | 29/58 | €165,416 | €516,292 | +€350,876 | +212.1% |
| Amounts receivable within one year | 40/41 | €2,715 | €7,940 | +€5,225 | +192.5% |
| Other amounts receivable | 41 | €2,715 | €7,940 | +€5,225 | +192.5% |
| Cash at bank and in hand | 54/58 | €162,702 | €508,129 | +€345,428 | +212.3% |
| Deferred charges and accrued income | 490/1 | - | €223 | +€223 | |
| Total equity and liabilities | 10/49 | €165,416 | €751,865 | +€586,449 | +354.5% |
| Equity | 10/15 | €117,380 | €343,530 | +€226,150 | +192.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €114,380 | €340,530 | +€226,150 | +197.7% |
| Distributable reserves | 133 | €114,380 | €340,530 | +€226,150 | +197.7% |
| Provisions and deferred taxes | 16 | - | €68,360 | +€68,360 | |
| Provisions for liabilities and charges | 160/5 | - | €68,360 | +€68,360 | |
| Other liabilities and charges | 164/5 | - | €68,360 | +€68,360 | |
| Amounts payable | 17/49 | €48,036 | €339,975 | +€291,938 | +607.7% |
| Amounts payable within one year | 42/48 | €48,036 | €339,975 | +€291,938 | +607.7% |
| Trade debts | 44 | €720 | €861 | +€140 | +19.5% |
| Suppliers | 440/4 | €720 | €861 | +€140 | +19.5% |
| Taxes, remuneration and social security | 45 | €47,316 | €114,684 | +€67,369 | +142.4% |
| Taxes | 450/3 | €47,316 | €114,684 | +€67,369 | +142.4% |
| Other amounts payable | 47/48 | - | €224,429 | +€224,429 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €211 | +€211 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €68,360 | +€68,360 | |
| Other operating charges | 640/8 | - | €400 | +€400 | |
| Gross operating margin | 9900 | €161,751 | €386,443 | +€224,692 | +138.9% |
| Operating profit (loss) | 9901 | €161,751 | €317,472 | +€155,721 | +96.3% |
| Financial income | 75/76B | €51 | €23,530 | +€23,479 | +45946.6% |
| Recurring financial income | 75 | €51 | €23,530 | +€23,479 | +45946.6% |
| Financial charges | 65/66B | €107 | €167 | +€60 | +56.4% |
| Recurring financial charges | 65 | €107 | €167 | +€60 | +56.4% |
| Profit (loss) for the period before taxes | 9903 | €161,696 | €340,835 | +€179,139 | +110.8% |
| Income taxes | 67/77 | €47,316 | €114,684 | +€67,369 | +142.4% |
| Profit (loss) for the period | 9904 | €114,380 | €226,150 | +€111,770 | +97.7% |
| Profit (loss) for the period to be appropriated | 9905 | €114,380 | €226,150 | +€111,770 | +97.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.