ALTIMO: 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.
ALTIMO
Largest movements
- Cash +€435,351
up €435,351 (+66.5%), from €654,694 to €1.1m
mainly Other debts (+€418,250) and Depreciation (+€101,039)
- Tangible fixed assets -€72,379
down €72,379 (-3.7%), from €2.0m to €1.9m
of which Land and buildings: -€57,324
- Other debts +€418,250
up €418,250 (+102.9%), from €406,607 to €824,857
- Profit (loss) carried forward -€31,581
down €31,581 (-15.8%), from -€199,762 to -€231,343
- Gross operating margin -€29,930
down €29,930 (-24.8%), from €120,623 to €90,693
- Other operating charges +€7,046
up €7,046 (+68.2%), from €10,334 to €17,380
- Financial income +€6,548
up €6,548 (+100.0%), from €6,547 to €13,096
- Financial charges +€4,368
up €4,368 (+34.7%), from €12,583 to €16,950
- Depreciation +€1,847
up €1,847 (+1.9%), from €99,192 to €101,039
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 | €2,632,157 | €3,017,189 | +€385,032 | +14.6% |
| Fixed assets | 21/28 | €1,971,593 | €1,899,214 | -€72,379 | -3.7% |
| Tangible fixed assets | 22/27 | €1,971,593 | €1,899,214 | -€72,379 | -3.7% |
| Land and buildings | 22 | €1,934,463 | €1,877,140 | -€57,324 | -3.0% |
| Plant, machinery and equipment | 23 | €37,130 | €22,075 | -€15,055 | -40.5% |
| Current assets | 29/58 | €660,564 | €1,117,974 | +€457,411 | +69.2% |
| Amounts receivable within one year | 40/41 | €1,844 | €3,611 | +€1,767 | +95.8% |
| Other amounts receivable | 41 | €1,844 | €3,611 | +€1,767 | +95.8% |
| Cash at bank and in hand | 54/58 | €654,694 | €1,090,045 | +€435,351 | +66.5% |
| Deferred charges and accrued income | 490/1 | €4,025 | €24,318 | +€20,293 | +504.2% |
| Total equity and liabilities | 10/49 | €2,632,157 | €3,017,189 | +€385,032 | +14.6% |
| Equity | 10/15 | €218,238 | €186,657 | -€31,581 | -14.5% |
| Contributions | 10/11 | €380,000 | €380,000 | = | 0.0% |
| Reserves | 13 | €38,000 | €38,000 | = | 0.0% |
| Distributable reserves | 133 | €38,000 | €38,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€199,762 | -€231,343 | -€31,581 | -15.8% |
| Amounts payable | 17/49 | €2,413,919 | €2,830,532 | +€416,613 | +17.3% |
| Amounts payable after more than one year | 17 | €2,000,000 | €2,000,000 | = | 0.0% |
| Financial debts | 170/4 | €2,000,000 | €2,000,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €410,419 | €830,532 | +€420,113 | +102.4% |
| Trade debts | 44 | €167 | €732 | +€565 | +338.6% |
| Suppliers | 440/4 | €167 | €732 | +€565 | +338.6% |
| Taxes, remuneration and social security | 45 | €3,645 | €4,943 | +€1,298 | +35.6% |
| Taxes | 450/3 | €3,645 | €4,943 | +€1,298 | +35.6% |
| Other amounts payable | 47/48 | €406,607 | €824,857 | +€418,250 | +102.9% |
| Accrued charges and deferred income | 492/3 | €3,500 | - | -€3,500 | |
| Non-recurring operating income | 76A | €26,743 | - | -€26,743 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €99,192 | €101,039 | +€1,847 | +1.9% |
| Other operating charges | 640/8 | €10,334 | €17,380 | +€7,046 | +68.2% |
| Gross operating margin | 9900 | €120,623 | €90,693 | -€29,930 | -24.8% |
| Operating profit (loss) | 9901 | €11,097 | -€27,726 | -€38,823 | |
| Financial income | 75/76B | €6,547 | €13,096 | +€6,548 | +100.0% |
| Recurring financial income | 75 | €6,547 | €13,096 | +€6,548 | +100.0% |
| Financial charges | 65/66B | €12,583 | €16,950 | +€4,368 | +34.7% |
| Recurring financial charges | 65 | €12,583 | €16,950 | +€4,368 | +34.7% |
| Profit (loss) for the period before taxes | 9903 | €5,062 | -€31,581 | -€36,643 | |
| Profit (loss) for the period | 9904 | €5,062 | -€31,581 | -€36,643 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,062 | -€31,581 | -€36,643 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.