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ALTIMO MODE: 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.

What changed

ALTIMO MODE

BE 0895.621.586
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€8,482
2024 · €7,863+€619
Equity
€94,106
2024 · €85,624+€8,482
Cash
€2,480
2024 · €2,195+€284
Balance sheet total
€243,735
2024 · €252,565-€8,830

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets -€9,114

    down €9,114 (-3.6%), from €250,369 to €241,255

Equity and liabilities
  • Debts after one year -€14,686

    down €14,686 (-38.9%), from €37,711 to €23,024

  • Profit (loss) carried forward +€8,482

    up €8,482 (+54.3%), from €15,624 to €24,106

  • Other debts -€3,250

    down €3,250 (-2.8%), from €114,293 to €111,043

Income statement
  • Financial charges -€581

    down €581 (-23.0%), from €2,527 to €1,945

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €7,863
Gross operating margin +€86
Other operating charges -€49
Financial charges +€581
Result 2025 €8,482

Cash bridge derived

cash 2024 to 2025

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.

From operations +€14,361
Investment €0
Financing -€14,077
Cash 2024 €2,195
Net result for the year +€8,482
Depreciation +€9,114
Trade debts +€15
Other debts -€3,250
Debts after one year -€14,686
Current portion of long-term debt +€610
Cash 2025 €2,480
Every line side by side 27 lines
Line Code 2024 2025 Change %
Total assets 20/58 €252,565 €243,735 -€8,830 -3.5%
Fixed assets 21/28 €250,369 €241,255 -€9,114 -3.6%
Tangible fixed assets 22/27 €250,369 €241,255 -€9,114 -3.6%
Land and buildings 22 €250,369 €241,255 -€9,114 -3.6%
Current assets 29/58 €2,195 €2,480 +€284 +13.0%
Cash at bank and in hand 54/58 €2,195 €2,480 +€284 +13.0%
Total equity and liabilities 10/49 €252,565 €243,735 -€8,830 -3.5%
Equity 10/15 €85,624 €94,106 +€8,482 +9.9%
Contributions 10/11 €70,000 €70,000 = 0.0%
Profit (loss) carried forward 14 €15,624 €24,106 +€8,482 +54.3%
Amounts payable 17/49 €166,940 €149,628 -€17,312 -10.4%
Amounts payable after more than one year 17 €37,711 €23,024 -€14,686 -38.9%
Financial debts 170/4 €37,711 €23,024 -€14,686 -38.9%
Amounts payable within one year 42/48 €129,230 €126,604 -€2,626 -2.0%
Current portion of amounts payable after more than one year 42 €14,077 €14,686 +€610 +4.3%
Trade debts 44 €860 €875 +€15 +1.7%
Suppliers 440/4 €860 €875 +€15 +1.7%
Other amounts payable 47/48 €114,293 €111,043 -€3,250 -2.8%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €9,114 €9,114 = 0.0%
Other operating charges 640/8 €1,648 €1,697 +€49 +3.0%
Gross operating margin 9900 €21,153 €21,239 +€86 +0.4%
Operating profit (loss) 9901 €10,390 €10,427 +€37 +0.4%
Financial charges 65/66B €2,527 €1,945 -€581 -23.0%
Recurring financial charges 65 €2,527 €1,945 -€581 -23.0%
Profit (loss) for the period before taxes 9903 €7,863 €8,482 +€619 +7.9%
Profit (loss) for the period 9904 €7,863 €8,482 +€619 +7.9%
Profit (loss) for the period to be appropriated 9905 €7,863 €8,482 +€619 +7.9%

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 29 September 2026 via checked.be.