ALTIMUS: 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.
ALTIMUS
Largest movements
- Cash -€48,528
down €48,528 (-31.2%), from €155,343 to €106,815
mainly Trade debts (-€46,301) and Other debts (-€18,500)
- Receivables within one year -€20,278
down €20,278 (-61.0%), from €33,250 to €12,972
of which Trade receivables: -€20,093
- Tangible fixed assets -€6,957
down €6,957 (-40.8%), from €17,039 to €10,082
of which Furniture and vehicles: -€8,530
- Trade debts -€46,301
down €46,301 (-64.9%), from €71,388 to €25,087
- Other debts -€18,500
down €18,500 (-48.5%), from €38,134 to €19,634
- Tax, wage and social debts -€9,549
down €9,549 (-32.0%), from €29,879 to €20,330
of which Remuneration and social security: -€6,385
- Profit (loss) carried forward +€5,186
up €5,186 (+11.4%), from €45,593 to €50,779
- Debts after one year -€4,124
down €4,124 (-41.5%), from €9,949 to €5,825
- Turnover +€782,376
new in 2025: €782,376
- Purchases and services +€744,916
new in 2025: €744,916
- Gross operating margin -€36,150
down €36,150 (-48.4%), from €74,693 to €38,543
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 | €206,011 | €130,779 | -€75,232 | -36.5% |
| Fixed assets | 21/28 | €17,039 | €10,082 | -€6,957 | -40.8% |
| Tangible fixed assets | 22/27 | €17,039 | €10,082 | -€6,957 | -40.8% |
| Plant, machinery and equipment | 23 | €3,035 | €4,608 | +€1,573 | +51.8% |
| Furniture and vehicles | 24 | €14,005 | €5,474 | -€8,530 | -60.9% |
| Current assets | 29/58 | €188,972 | €120,697 | -€68,275 | -36.1% |
| Amounts receivable within one year | 40/41 | €33,250 | €12,972 | -€20,278 | -61.0% |
| Trade receivables | 40 | €24,389 | €4,296 | -€20,093 | -82.4% |
| Other amounts receivable | 41 | €8,862 | €8,676 | -€185 | -2.1% |
| Cash at bank and in hand | 54/58 | €155,343 | €106,815 | -€48,528 | -31.2% |
| Deferred charges and accrued income | 490/1 | €378 | €910 | +€532 | +140.5% |
| Total equity and liabilities | 10/49 | €206,011 | €130,779 | -€75,232 | -36.5% |
| Equity | 10/15 | €50,593 | €55,779 | +€5,186 | +10.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €45,593 | €50,779 | +€5,186 | +11.4% |
| Amounts payable | 17/49 | €155,418 | €75,000 | -€80,418 | -51.7% |
| Amounts payable after more than one year | 17 | €9,949 | €5,825 | -€4,124 | -41.5% |
| Financial debts | 170/4 | €9,949 | €5,825 | -€4,124 | -41.5% |
| Amounts payable within one year | 42/48 | €145,469 | €69,175 | -€76,294 | -52.4% |
| Current portion of amounts payable after more than one year | 42 | €6,068 | €4,124 | -€1,944 | -32.0% |
| Trade debts | 44 | €71,388 | €25,087 | -€46,301 | -64.9% |
| Suppliers | 440/4 | €71,388 | €25,087 | -€46,301 | -64.9% |
| Taxes, remuneration and social security | 45 | €29,879 | €20,330 | -€9,549 | -32.0% |
| Taxes | 450/3 | €16,879 | €13,715 | -€3,164 | -18.7% |
| Remuneration and social security | 454/9 | €13,000 | €6,615 | -€6,385 | -49.1% |
| Other amounts payable | 47/48 | €38,134 | €19,634 | -€18,500 | -48.5% |
| Turnover | 70 | - | €782,376 | +€782,376 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €744,916 | +€744,916 | |
| Remuneration, social security and pensions | 62 | €384 | - | -€384 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,116 | €10,502 | -€4,613 | -30.5% |
| Other operating charges | 640/8 | €1,043 | €2,227 | +€1,184 | +113.5% |
| Gross operating margin | 9900 | €74,693 | €38,543 | -€36,150 | -48.4% |
| Operating profit (loss) | 9901 | €58,150 | €25,814 | -€32,336 | -55.6% |
| Financial income | 75/76B | €89 | €24 | -€65 | -72.6% |
| Recurring financial income | 75 | €89 | €24 | -€65 | -72.6% |
| Financial charges | 65/66B | €1,920 | €1,817 | -€103 | -5.4% |
| Recurring financial charges | 65 | €1,920 | €1,817 | -€103 | -5.4% |
| Profit (loss) for the period before taxes | 9903 | €56,319 | €24,021 | -€32,297 | -57.3% |
| Income taxes | 67/77 | €12,390 | €7,336 | -€5,055 | -40.8% |
| Profit (loss) for the period | 9904 | €43,928 | €16,686 | -€27,242 | -62.0% |
| Profit (loss) for the period to be appropriated | 9905 | €43,928 | €16,686 | -€27,242 | -62.0% |
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 3 October 2026 via checked.be.