ALTINA: 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.
ALTINA
Largest movements
- Cash +€37,757
up €37,757 (+761%), from €4,961 to €42,717
mainly Net result for the year (+€42,752) and Depreciation (+€6,610)
- Tangible fixed assets -€6,610
down €6,610 (-20.6%), from €32,108 to €25,498
- Reserves +€42,752
up €42,752 (+192%), from €22,291 to €65,043
of which Distributable reserves: +€40,615
- Tax, wage and social debts -€8,563
down €8,563 (-96.2%), from €8,903 to €340
of which Remuneration and social security: -€8,215
- Trade debts -€4,301
down €4,301 (-96.4%), from €4,460 to €159
- Turnover -€141,439
no longer reported in 2025 (was €141,439)
- Purchases and services -€85,742
no longer reported in 2025 (was €85,742)
- Gross operating margin +€39,524
up €39,524 (+67.4%), from €58,652 to €98,176
- Taxes +€15,282
up €15,282 (+1,852%), from €825 to €16,107
- Staff costs -€8,706
down €8,706 (-21.3%), from €40,819 to €32,113
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 | €55,349 | €85,292 | +€29,943 | +54.1% |
| Fixed assets | 21/28 | €32,368 | €25,758 | -€6,610 | -20.4% |
| Tangible fixed assets | 22/27 | €32,108 | €25,498 | -€6,610 | -20.6% |
| Furniture and vehicles | 24 | €32,108 | €25,498 | -€6,610 | -20.6% |
| Financial fixed assets | 28 | €260 | €260 | = | 0.0% |
| Current assets | 29/58 | €22,981 | €59,534 | +€36,553 | +159% |
| Amounts receivable within one year | 40/41 | €17,659 | €16,817 | -€842 | -4.8% |
| Trade receivables | 40 | €15,532 | €12,958 | -€2,574 | -16.6% |
| Other amounts receivable | 41 | €2,126 | €3,858 | +€1,732 | +81.4% |
| Cash at bank and in hand | 54/58 | €4,961 | €42,717 | +€37,757 | +761% |
| Deferred charges and accrued income | 490/1 | €362 | - | -€362 | |
| Total equity and liabilities | 10/49 | €55,349 | €85,292 | +€29,943 | +54.1% |
| Equity | 10/15 | €40,891 | €83,643 | +€42,752 | +105% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | - | €18,600 | +€18,600 | |
| Issued capital | 100 | - | €18,600 | +€18,600 | |
| Reserves | 13 | €22,291 | €65,043 | +€42,752 | +192% |
| Non-distributable reserves | 130/1 | - | €2,138 | +€2,138 | |
| Legal reserve | 130 | - | €2,138 | +€2,138 | |
| Distributable reserves | 133 | €22,291 | €62,905 | +€40,615 | +182% |
| Amounts payable | 17/49 | €14,458 | €1,649 | -€12,810 | -88.6% |
| Amounts payable within one year | 42/48 | €14,458 | €1,649 | -€12,810 | -88.6% |
| Trade debts | 44 | €4,460 | €159 | -€4,301 | -96.4% |
| Suppliers | 440/4 | €4,460 | €159 | -€4,301 | -96.4% |
| Taxes, remuneration and social security | 45 | €8,903 | €340 | -€8,563 | -96.2% |
| Taxes | 450/3 | €689 | €340 | -€348 | -50.6% |
| Remuneration and social security | 454/9 | €8,215 | - | -€8,215 | |
| Other amounts payable | 47/48 | €1,095 | €1,149 | +€54 | +5.0% |
| Turnover | 70 | €141,439 | - | -€141,439 | |
| Non-recurring operating income | 76A | - | €1,800 | +€1,800 | |
| Goods, raw materials, services and sundry goods | 60/61 | €85,742 | - | -€85,742 | |
| Remuneration, social security and pensions | 62 | €40,819 | €32,113 | -€8,706 | -21.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €942 | €6,610 | +€5,668 | +602% |
| Other operating charges | 640/8 | €646 | - | -€646 | |
| Gross operating margin | 9900 | €58,652 | €98,176 | +€39,524 | +67.4% |
| Operating profit (loss) | 9901 | €16,245 | €59,453 | +€43,208 | +266% |
| Financial income | 75/76B | €71 | €35 | -€36 | -50.9% |
| Recurring financial income | 75 | €71 | €35 | -€36 | -50.9% |
| Financial charges | 65/66B | €537 | €628 | +€91 | +16.9% |
| Recurring financial charges | 65 | €537 | €628 | +€91 | +16.9% |
| Profit (loss) for the period before taxes | 9903 | €15,778 | €58,860 | +€43,081 | +273% |
| Income taxes | 67/77 | €825 | €16,107 | +€15,282 | +1,852% |
| Profit (loss) for the period | 9904 | €14,953 | €42,752 | +€27,799 | +186% |
| Profit (loss) for the period to be appropriated | 9905 | €14,953 | €42,752 | +€27,799 | +186% |
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 18 October 2026 via checked.be.