ALTIK: 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.
ALTIK
Largest movements
- Receivables within one year -€13,222
down €13,222 (-67.0%), from €19,739 to €6,518
of which Trade receivables: -€12,880
- Stocks and contracts +€11,526
up €11,526 (+250%), from €4,604 to €16,130
- Cash +€7,811
up €7,811 (+595%), from €1,314 to €9,125
mainly Receivables within one year (+€13,222) and Net result for the year (+€8,735)
- Tangible fixed assets -€4,869
down €4,869 (-57.5%), from €8,469 to €3,601
of which Furniture and vehicles: -€4,662
- Profit (loss) carried forward +€8,735
up €8,735 (+524%), from €1,667 to €10,402
- Trade debts -€5,249
down €5,249 (-34.5%), from €15,201 to €9,952
- Debts after one year -€3,692
no longer reported in 2025 (was €3,692)
- Tax, wage and social debts +€2,241
up €2,241 (+1,292%), from €173 to €2,414
- Current portion of long-term debt -€1,027
down €1,027 (-21.8%), from €4,720 to €3,692
- Gross operating margin +€9,804
up €9,804 (+158%), from €6,202 to €16,006
- Taxes +€2,180
up €2,180 (+3,622%), from €60 to €2,241
- Financial charges -€538
down €538 (-86.1%), from €625 to €87
- Other operating charges -€214
down €214 (-47.6%), from €449 to €236
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 | €34,454 | €35,460 | +€1,006 | +2.9% |
| Fixed assets | 21/28 | €8,469 | €3,601 | -€4,869 | -57.5% |
| Tangible fixed assets | 22/27 | €8,469 | €3,601 | -€4,869 | -57.5% |
| Plant, machinery and equipment | 23 | €741 | €535 | -€206 | -27.8% |
| Furniture and vehicles | 24 | €7,728 | €3,066 | -€4,662 | -60.3% |
| Current assets | 29/58 | €25,984 | €31,859 | +€5,875 | +22.6% |
| Stocks and contracts in progress | 3 | €4,604 | €16,130 | +€11,526 | +250% |
| Stocks | 30/36 | €4,604 | €16,130 | +€11,526 | +250% |
| Amounts receivable within one year | 40/41 | €19,739 | €6,518 | -€13,222 | -67.0% |
| Trade receivables | 40 | €16,268 | €3,388 | -€12,880 | -79.2% |
| Other amounts receivable | 41 | €3,471 | €3,130 | -€342 | -9.8% |
| Cash at bank and in hand | 54/58 | €1,314 | €9,125 | +€7,811 | +595% |
| Deferred charges and accrued income | 490/1 | €327 | €87 | -€240 | -73.5% |
| Total equity and liabilities | 10/49 | €34,454 | €35,460 | +€1,006 | +2.9% |
| Equity | 10/15 | €10,667 | €19,402 | +€8,735 | +81.9% |
| Contributions | 10/11 | €9,000 | €9,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,667 | €10,402 | +€8,735 | +524% |
| Amounts payable | 17/49 | €23,786 | €16,058 | -€7,729 | -32.5% |
| Amounts payable after more than one year | 17 | €3,692 | - | -€3,692 | |
| Financial debts | 170/4 | €3,692 | - | -€3,692 | |
| Amounts payable within one year | 42/48 | €20,094 | €16,058 | -€4,036 | -20.1% |
| Current portion of amounts payable after more than one year | 42 | €4,720 | €3,692 | -€1,027 | -21.8% |
| Trade debts | 44 | €15,201 | €9,952 | -€5,249 | -34.5% |
| Suppliers | 440/4 | €15,201 | €9,952 | -€5,249 | -34.5% |
| Taxes, remuneration and social security | 45 | €173 | €2,414 | +€2,241 | +1,292% |
| Taxes | 450/3 | €173 | €2,414 | +€2,241 | +1,292% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,882 | €4,869 | -€13 | -0.3% |
| Other operating charges | 640/8 | €449 | €236 | -€214 | -47.6% |
| Gross operating margin | 9900 | €6,202 | €16,006 | +€9,804 | +158% |
| Operating profit (loss) | 9901 | €870 | €10,902 | +€10,031 | +1,152% |
| Financial income | 75/76B | €9 | €160 | +€152 | +1,740% |
| Recurring financial income | 75 | €9 | €160 | +€152 | +1,740% |
| Financial charges | 65/66B | €625 | €87 | -€538 | -86.1% |
| Recurring financial charges | 65 | €625 | €87 | -€538 | -86.1% |
| Profit (loss) for the period before taxes | 9903 | €254 | €10,975 | +€10,721 | +4,220% |
| Income taxes | 67/77 | €60 | €2,241 | +€2,180 | +3,622% |
| Profit (loss) for the period | 9904 | €194 | €8,735 | +€8,541 | +4,405% |
| Profit (loss) for the period to be appropriated | 9905 | €194 | €8,735 | +€8,541 | +4,405% |
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 13 October 2026 via checked.be.