ALTI ARTIS: 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.
ALTI ARTIS
Largest movements
- Cash +€6,280
up €6,280 (+9.2%), from €67,972 to €74,252
mainly Tax, wage and social debts (+€5,743) and Net result for the year (+€3,973)
- Receivables within one year +€5,757
up €5,757 (+80.1%), from €7,189 to €12,947
of which Trade receivables: +€10,907
- Tangible fixed assets -€3,053
down €3,053 (-33.4%), from €9,155 to €6,102
of which Furniture and vehicles: -€2,030
- Tax, wage and social debts +€5,743
up €5,743 (+153%), from €3,750 to €9,493
- Reserves +€3,970
up €3,970 (+19.2%), from €20,655 to €24,625
of which Distributable reserves: +€5,825
- Gross operating margin +€1,290
up €1,290 (+13.4%), from €9,651 to €10,941
- Taxes +€1,269
up €1,269 (+71.1%), from €1,786 to €3,056
- Other operating charges -€298
down €298 (-30.9%), from €964 to €666
- Depreciation +€297
up €297 (+10.8%), from €2,756 to €3,053
- Financial charges +€124
up €124 (+180%), from €69 to €193
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 | €84,931 | €94,067 | +€9,137 | +10.8% |
| Fixed assets | 21/28 | €9,325 | €6,272 | -€3,053 | -32.7% |
| Tangible fixed assets | 22/27 | €9,155 | €6,102 | -€3,053 | -33.4% |
| Plant, machinery and equipment | 23 | €2,460 | €1,437 | -€1,023 | -41.6% |
| Furniture and vehicles | 24 | €6,695 | €4,665 | -€2,030 | -30.3% |
| Financial fixed assets | 28 | €170 | €170 | = | 0.0% |
| Current assets | 29/58 | €75,606 | €87,796 | +€12,190 | +16.1% |
| Amounts receivable within one year | 40/41 | €7,189 | €12,947 | +€5,757 | +80.1% |
| Trade receivables | 40 | €0 | €10,907 | +€10,907 | |
| Other amounts receivable | 41 | €7,189 | €2,040 | -€5,149 | -71.6% |
| Cash at bank and in hand | 54/58 | €67,972 | €74,252 | +€6,280 | +9.2% |
| Deferred charges and accrued income | 490/1 | €445 | €598 | +€152 | +34.2% |
| Total equity and liabilities | 10/49 | €84,931 | €94,067 | +€9,137 | +10.8% |
| Equity | 10/15 | €73,680 | €77,653 | +€3,973 | +5.4% |
| Contributions | 10/11 | €6,500 | €6,500 | = | 0.0% |
| Reserves | 13 | €20,655 | €24,625 | +€3,970 | +19.2% |
| Non-distributable reserves | 130/1 | €1,855 | €0 | -€1,855 | -100% |
| Reserves not available under the articles | 1311 | €1,855 | €0 | -€1,855 | -100% |
| Distributable reserves | 133 | €18,800 | €24,625 | +€5,825 | +31.0% |
| Profit (loss) carried forward | 14 | €46,525 | €46,528 | +€3 | 0.0% |
| Amounts payable | 17/49 | €11,251 | €16,414 | +€5,163 | +45.9% |
| Amounts payable within one year | 42/48 | €11,251 | €16,414 | +€5,163 | +45.9% |
| Trade debts | 44 | €512 | €0 | -€512 | -100% |
| Suppliers | 440/4 | €512 | €0 | -€512 | -100% |
| Taxes, remuneration and social security | 45 | €3,750 | €9,493 | +€5,743 | +153% |
| Taxes | 450/3 | €3,750 | €9,493 | +€5,743 | +153% |
| Other amounts payable | 47/48 | €6,989 | €6,921 | -€68 | -1.0% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,756 | €3,053 | +€297 | +10.8% |
| Other operating charges | 640/8 | €964 | €666 | -€298 | -30.9% |
| Non-recurring operating charges | 66A | €298 | €0 | -€298 | -100% |
| Gross operating margin | 9900 | €9,651 | €10,941 | +€1,290 | +13.4% |
| Operating profit (loss) | 9901 | €5,633 | €7,222 | +€1,589 | +28.2% |
| Financial income | 75/76B | €0 | €0 | +€0 | |
| Recurring financial income | 75 | €0 | €0 | +€0 | |
| Financial charges | 65/66B | €69 | €193 | +€124 | +180% |
| Recurring financial charges | 65 | €69 | €193 | +€124 | +180% |
| Profit (loss) for the period before taxes | 9903 | €5,564 | €7,029 | +€1,465 | +26.3% |
| Income taxes | 67/77 | €1,786 | €3,056 | +€1,269 | +71.1% |
| Profit (loss) for the period | 9904 | €3,778 | €3,973 | +€196 | +5.2% |
| Profit (loss) for the period to be appropriated | 9905 | €3,778 | €3,973 | +€196 | +5.2% |
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 28 October 2026 via checked.be.