ALTI8 CONSULTING GROUP: what changed
What changed
ALTI8 CONSULTING GROUP
NACE 70.200, Business and other management consultancy
filed annual accounts (NBB)
Net result for the year
€112,103
2023 · -€10,883+€122,986
Equity
€500,394
2023 · €388,291+€112,103
Cash
€6,971
2023 · €166,947-€159,976
Balance sheet total
€3.3m
2023 · €3.4m-€43,487
Largest movements
Assets
- Cash -€159,976
down €159,976 (-95.8%), from €166,947 to €6,971
mainly Debts after one year (-€274,458) and Investment in fixed assets (net) (-€236,227)
- Tangible fixed assets +€92,433
up €92,433 (+2.9%), from €3.2m to €3.3m
of which Land and buildings: +€116,874
Equity and liabilities
- Debts after one year -€274,458
down €274,458 (-11.1%), from €2.5m to €2.2m
- Profit (loss) carried forward +€112,103
up €112,103 (+29.5%), from €379,614 to €491,717
- Trade debts +€71,898
up €71,898 (+30.5%), from €235,730 to €307,627
- Current portion of long-term debt +€71,748
up €71,748 (+40.6%), from €176,789 to €248,536
- Other debts -€69,159
down €69,159 (-76.8%), from €90,003 to €20,844
Income statement
- Staff costs -€69,315
down €69,315 (-97.6%), from €71,024 to €1,709
- Gross operating margin +€49,654
up €49,654 (+15.2%), from €327,508 to €377,162
- Financial charges -€42,667
down €42,667 (-32.4%), from €131,888 to €89,222
- Taxes +€40,303
up €40,303 (+89,922%), from €45 to €40,348
- Financial income +€18,353
up €18,353 (+19,333%), from €95 to €18,448
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2023
-€10,883
Gross operating margin
+€49,654
Staff costs
+€69,315
Depreciation
-€16,377
Other operating charges
+€2,191
Other operating items
-€2,514
Financial income
+€18,353
Financial charges
+€42,667
Taxes
-€40,303
Result 2024
€112,103
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€278,969
Investment
-€236,227
Financing
-€202,718
Cash 2023
€166,947
From operations (derived)
+€278,969
Net result for the year
+€112,103
Depreciation
+€143,794
Receivables within one year
-€25,825
Deferred charges and accrued income
+€1,770
Trade debts
+€71,898
Tax, wage and social debts
+€42,112
Other debts
-€69,159
Accrued charges and deferred income
+€2,276
Investment (derived)
-€236,227
Investment in fixed assets (net)
-€236,227
Financing
-€202,718
Debts after one year
-€274,458
Current portion of long-term debt
+€71,748
Short-term financial debts
-€7
Cash 2024
€6,971
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,378,524 | €3,335,037 | -€43,487 | -1.3% |
| Fixed assets | 21/28 | €3,163,523 | €3,255,956 | +€92,433 | +2.9% |
| Tangible fixed assets | 22/27 | €3,160,350 | €3,252,783 | +€92,433 | +2.9% |
| Land and buildings | 22 | €2,725,659 | €2,842,533 | +€116,874 | +4.3% |
| Plant, machinery and equipment | 23 | €194,705 | €173,634 | -€21,072 | -10.8% |
| Furniture and vehicles | 24 | €23,782 | €19,217 | -€4,565 | -19.2% |
| Other tangible fixed assets | 26 | €216,203 | €217,399 | +€1,196 | +0.6% |
| Financial fixed assets | 28 | €3,173 | €3,173 | = | 0.0% |
| Current assets | 29/58 | €215,002 | €79,081 | -€135,921 | -63.2% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €45,868 | €71,693 | +€25,825 | +56.3% |
| Trade receivables | 40 | €12,362 | €32,147 | +€19,785 | +160% |
| Other amounts receivable | 41 | €33,506 | €39,547 | +€6,040 | +18.0% |
| Cash at bank and in hand | 54/58 | €166,947 | €6,971 | -€159,976 | -95.8% |
| Deferred charges and accrued income | 490/1 | €2,186 | €417 | -€1,770 | -80.9% |
| Total equity and liabilities | 10/49 | €3,378,524 | €3,335,037 | -€43,487 | -1.3% |
| Equity | 10/15 | €388,291 | €500,394 | +€112,103 | +28.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €2,477 | €2,477 | = | 0.0% |
| Tax-exempt reserves | 132 | €617 | €617 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €379,614 | €491,717 | +€112,103 | +29.5% |
| Amounts payable | 17/49 | €2,990,233 | €2,834,643 | -€155,591 | -5.2% |
| Amounts payable after more than one year | 17 | €2,471,879 | €2,197,421 | -€274,458 | -11.1% |
| Financial debts | 170/4 | €2,471,879 | €2,197,421 | -€274,458 | -11.1% |
| Amounts payable within one year | 42/48 | €518,355 | €634,946 | +€116,591 | +22.5% |
| Current portion of amounts payable after more than one year | 42 | €176,789 | €248,536 | +€71,748 | +40.6% |
| Financial debts | 43 | €7 | €0 | -€7 | -100% |
| Credit institutions | 430/8 | €7 | €0 | -€7 | -100% |
| Trade debts | 44 | €235,730 | €307,627 | +€71,898 | +30.5% |
| Suppliers | 440/4 | €235,730 | €307,627 | +€71,898 | +30.5% |
| Taxes, remuneration and social security | 45 | €15,826 | €57,938 | +€42,112 | +266% |
| Taxes | 450/3 | €15,826 | €56,906 | +€41,080 | +260% |
| Remuneration and social security | 454/9 | €0 | €1,032 | +€1,032 | |
| Other amounts payable | 47/48 | €90,003 | €20,844 | -€69,159 | -76.8% |
| Accrued charges and deferred income | 492/3 | - | €2,276 | +€2,276 | |
| Remuneration, social security and pensions | 62 | €71,024 | €1,709 | -€69,315 | -97.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €127,416 | €143,794 | +€16,377 | +12.9% |
| Other operating charges | 640/8 | €7,750 | €5,558 | -€2,191 | -28.3% |
| Non-recurring operating charges | 66A | €362 | €2,876 | +€2,514 | +693% |
| Gross operating margin | 9900 | €327,508 | €377,162 | +€49,654 | +15.2% |
| Operating profit (loss) | 9901 | €120,955 | €223,225 | +€102,270 | +84.6% |
| Financial income | 75/76B | €95 | €18,448 | +€18,353 | +19,333% |
| Recurring financial income | 75 | €95 | €18,448 | +€18,353 | +19,333% |
| Financial charges | 65/66B | €131,888 | €89,222 | -€42,667 | -32.4% |
| Recurring financial charges | 65 | €131,888 | €89,222 | -€42,667 | -32.4% |
| Profit (loss) for the period before taxes | 9903 | -€10,838 | €152,451 | +€163,289 | |
| Income taxes | 67/77 | €45 | €40,348 | +€40,303 | +89,922% |
| Profit (loss) for the period | 9904 | -€10,883 | €112,103 | +€122,986 | |
| Profit (loss) for the period to be appropriated | 9905 | -€10,883 | €112,103 | +€122,986 |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.