ALTICOM: 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.
ALTICOM
Largest movements
- Cash -€13,512
down €13,512 (-11.5%), from €117,565 to €104,053
mainly Receivables within one year (-€11,207) and Net result for the year (-€2,580)
- Receivables within one year +€11,207
up €11,207 (+135.9%), from €8,245 to €19,452
of which Trade receivables: +€11,726
- Reserves -€1,429
down €1,429 (-1.4%), from €102,568 to €101,139
- Gross operating margin -€8,557
down €8,557 (-93.4%), from €9,157 to €600
- Taxes -€2,083
down €2,083 (-63.5%), from €3,280 to €1,197
- Depreciation +€543
up €543 (+52.3%), from €1,039 to €1,582
- Financial income +€538
up €538 (+1763.0%), from €31 to €568
- Financial charges +€234
up €234, from -€72 to €162
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 | €127,337 | €126,652 | -€685 | -0.5% |
| Fixed assets | 21/28 | €1,360 | €1,997 | +€637 | +46.8% |
| Tangible fixed assets | 22/27 | €1,335 | €1,972 | +€637 | +47.7% |
| Furniture and vehicles | 24 | €1,335 | €1,972 | +€637 | +47.7% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €125,977 | €124,655 | -€1,322 | -1.0% |
| Amounts receivable within one year | 40/41 | €8,245 | €19,452 | +€11,207 | +135.9% |
| Trade receivables | 40 | €7,727 | €19,452 | +€11,726 | +151.8% |
| Other amounts receivable | 41 | €519 | - | -€519 | |
| Cash at bank and in hand | 54/58 | €117,565 | €104,053 | -€13,512 | -11.5% |
| Deferred charges and accrued income | 490/1 | €167 | €1,150 | +€983 | +589.5% |
| Total equity and liabilities | 10/49 | €127,337 | €126,652 | -€685 | -0.5% |
| Equity | 10/15 | €121,926 | €119,917 | -€2,009 | -1.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Outside capital | 11 | €18,600 | - | -€18,600 | |
| Other | 1109/19 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €102,568 | €101,139 | -€1,429 | -1.4% |
| Distributable reserves | 133 | €102,568 | €101,139 | -€1,429 | -1.4% |
| Profit (loss) carried forward | 14 | €758 | €178 | -€580 | -76.5% |
| Amounts payable | 17/49 | €5,411 | €6,735 | +€1,324 | +24.5% |
| Amounts payable within one year | 42/48 | €5,411 | €6,735 | +€1,324 | +24.5% |
| Trade debts | 44 | €454 | €317 | -€138 | -30.3% |
| Suppliers | 440/4 | €454 | €317 | -€138 | -30.3% |
| Taxes, remuneration and social security | 45 | €4,957 | €6,090 | +€1,133 | +22.9% |
| Taxes | 450/3 | €3,199 | €4,317 | +€1,119 | +35.0% |
| Remuneration and social security | 454/9 | €1,758 | €1,772 | +€14 | +0.8% |
| Other amounts payable | 47/48 | - | €329 | +€329 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,039 | €1,582 | +€543 | +52.3% |
| Other operating charges | 640/8 | €906 | €807 | -€99 | -10.9% |
| Gross operating margin | 9900 | €9,157 | €600 | -€8,557 | -93.4% |
| Operating profit (loss) | 9901 | €7,212 | -€1,789 | -€9,000 | |
| Financial income | 75/76B | €31 | €568 | +€538 | +1763.0% |
| Recurring financial income | 75 | €31 | €568 | +€538 | +1763.0% |
| Financial charges | 65/66B | -€72 | €162 | +€234 | |
| Recurring financial charges | 65 | -€72 | €162 | +€234 | |
| Profit (loss) for the period before taxes | 9903 | €7,314 | -€1,383 | -€8,697 | |
| Income taxes | 67/77 | €3,280 | €1,197 | -€2,083 | -63.5% |
| Profit (loss) for the period | 9904 | €4,034 | -€2,580 | -€6,614 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,034 | -€2,580 | -€6,614 |
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 5 October 2026 via checked.be.