ALTINERA: 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.
ALTINERA
Largest movements
- Cash -€850
down €850 (-15.6%), from €5,447 to €4,597
mainly Net result for the year (-€1,894) and Trade debts (-€49)
- Receivables within one year -€707
down €707 (-58.6%), from €1,207 to €500
- Deferred charges and accrued income -€80
no longer reported in 2025 (was €80)
- Profit (loss) carried forward -€1,894
new in 2025: -€1,894
- Other debts +€306
up €306 (+10.3%), from €2,968 to €3,274
- Gross operating margin -€3,219
down €3,219, from €1,820 to -€1,399
- Taxes -€368
no longer reported in 2025 (was €368)
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 | €6,734 | €5,097 | -€1,637 | -24.3% |
| Current assets | 29/58 | €6,734 | €5,097 | -€1,637 | -24.3% |
| Amounts receivable within one year | 40/41 | €1,207 | €500 | -€707 | -58.6% |
| Other amounts receivable | 41 | €1,207 | €500 | -€707 | -58.6% |
| Cash at bank and in hand | 54/58 | €5,447 | €4,597 | -€850 | -15.6% |
| Deferred charges and accrued income | 490/1 | €80 | - | -€80 | |
| Total equity and liabilities | 10/49 | €6,734 | €5,097 | -€1,637 | -24.3% |
| Equity | 10/15 | €3,686 | €1,792 | -€1,894 | -51.4% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Reserves | 13 | €3,685 | €3,685 | = | 0.0% |
| Distributable reserves | 133 | €3,685 | €3,685 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€1,894 | -€1,894 | |
| Amounts payable | 17/49 | €3,048 | €3,305 | +€257 | +8.4% |
| Amounts payable within one year | 42/48 | €3,048 | €3,305 | +€257 | +8.4% |
| Trade debts | 44 | €80 | €31 | -€49 | -60.7% |
| Suppliers | 440/4 | €80 | €31 | -€49 | -60.7% |
| Other amounts payable | 47/48 | €2,968 | €3,274 | +€306 | +10.3% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €1,820 | -€1,399 | -€3,219 | |
| Operating profit (loss) | 9901 | €1,432 | -€1,799 | -€3,231 | |
| Financial charges | 65/66B | €96 | €96 | = | 0.0% |
| Recurring financial charges | 65 | €96 | €96 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €1,337 | -€1,894 | -€3,231 | |
| Income taxes | 67/77 | €368 | - | -€368 | |
| Profit (loss) for the period | 9904 | €969 | -€1,894 | -€2,864 | |
| Profit (loss) for the period to be appropriated | 9905 | €969 | -€1,894 | -€2,864 |
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 20 October 2026 via checked.be.