ALTIA: 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.
ALTIA
Largest movements
- Cash -€19,707
down €19,707 (-11.9%), from €165,427 to €145,720
mainly Net result for the year (-€23,212) and Investment in fixed assets (net) (-€8,084)
- Receivables within one year -€10,080
down €10,080 (-41.9%), from €24,085 to €14,005
of which Trade receivables: -€10,361
- Tangible fixed assets +€3,665
up €3,665 (+43.4%), from €8,443 to €12,108
of which Furniture and vehicles: +€4,585
- Profit (loss) carried forward -€23,212
down €23,212, from €2,216 to -€20,996
- Tax, wage and social debts -€2,161
no longer reported in 2025 (was €2,161)
- Gross operating margin -€77,768
down €77,768, from €59,700 to -€18,068
- Taxes -€18,257
down €18,257 (-99.1%), from €18,422 to €165
- Depreciation +€1,237
up €1,237 (+38.9%), from €3,182 to €4,418
- Financial income -€845
down €845 (-100.0%), from €845 to €0
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 | €197,955 | €171,833 | -€26,122 | -13.2% |
| Fixed assets | 21/28 | €8,443 | €12,108 | +€3,665 | +43.4% |
| Tangible fixed assets | 22/27 | €8,443 | €12,108 | +€3,665 | +43.4% |
| Furniture and vehicles | 24 | €1,440 | €6,025 | +€4,585 | +318% |
| Other tangible fixed assets | 26 | €7,003 | €6,083 | -€920 | -13.1% |
| Current assets | 29/58 | €189,512 | €159,725 | -€29,787 | -15.7% |
| Amounts receivable within one year | 40/41 | €24,085 | €14,005 | -€10,080 | -41.9% |
| Trade receivables | 40 | €10,361 | - | -€10,361 | |
| Other amounts receivable | 41 | €13,724 | €14,005 | +€281 | +2.0% |
| Cash at bank and in hand | 54/58 | €165,427 | €145,720 | -€19,707 | -11.9% |
| Total equity and liabilities | 10/49 | €197,955 | €171,833 | -€26,122 | -13.2% |
| Equity | 10/15 | €194,342 | €171,130 | -€23,212 | -11.9% |
| Contributions | 10/11 | €8,060 | €8,060 | = | 0.0% |
| Reserves | 13 | €184,066 | €184,066 | = | 0.0% |
| Distributable reserves | 133 | €184,066 | €184,066 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,216 | -€20,996 | -€23,212 | |
| Amounts payable | 17/49 | €3,613 | €703 | -€2,910 | -80.5% |
| Amounts payable within one year | 42/48 | €3,613 | €703 | -€2,910 | -80.5% |
| Financial debts | 43 | €238 | €20 | -€218 | -91.6% |
| Credit institutions | 430/8 | €238 | €20 | -€218 | -91.6% |
| Trade debts | 44 | €1,214 | €567 | -€647 | -53.3% |
| Suppliers | 440/4 | €1,214 | €567 | -€647 | -53.3% |
| Taxes, remuneration and social security | 45 | €2,161 | - | -€2,161 | |
| Taxes | 450/3 | €2,161 | - | -€2,161 | |
| Other amounts payable | 47/48 | - | €116 | +€116 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,182 | €4,418 | +€1,237 | +38.9% |
| Other operating charges | 640/8 | €407 | €400 | -€8 | -1.9% |
| Gross operating margin | 9900 | €59,700 | -€18,068 | -€77,768 | |
| Operating profit (loss) | 9901 | €56,111 | -€22,886 | -€78,997 | |
| Financial income | 75/76B | €845 | €0 | -€845 | -100.0% |
| Recurring financial income | 75 | €845 | €0 | -€845 | -100.0% |
| Financial charges | 65/66B | €168 | €161 | -€7 | -4.1% |
| Recurring financial charges | 65 | €168 | €161 | -€7 | -4.1% |
| Profit (loss) for the period before taxes | 9903 | €56,788 | -€23,047 | -€79,835 | |
| Income taxes | 67/77 | €18,422 | €165 | -€18,257 | -99.1% |
| Profit (loss) for the period | 9904 | €38,366 | -€23,212 | -€61,578 | |
| Profit (loss) for the period to be appropriated | 9905 | €38,366 | -€23,212 | -€61,578 |
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 18 October 2026 via checked.be.