Altio: 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.
Altio
Largest movements
- Cash -€103,389
down €103,389 (-83.8%), from €123,329 to €19,940
mainly Investment in fixed assets (net) (-€51,209) and Receivables within one year (-€28,776)
- Tangible fixed assets +€43,975
up €43,975 (+2081.4%), from €2,113 to €46,088
of which Furniture and vehicles: +€42,667
- Receivables within one year +€28,776
up €28,776 (+169.9%), from €16,935 to €45,711
of which Trade receivables: +€16,853
- Current investments +€12,000
up €12,000 (+12.0%), from €100,000 to €112,000
- Deferred charges and accrued income -€5,345
down €5,345 (-83.8%), from €6,376 to €1,032
- Other debts -€26,081
down €26,081 (-78.8%), from €33,111 to €7,029
- Reserves +€17,083
up €17,083 (+9.1%), from €188,409 to €205,492
- Tax, wage and social debts -€14,848
down €14,848 (-76.8%), from €19,336 to €4,488
- Gross operating margin -€82,989
down €82,989 (-74.1%), from €112,035 to €29,047
- Taxes -€24,267
down €24,267 (-84.9%), from €28,567 to €4,300
- Financial income +€4,803
up €4,803 (+272879.5%), from €2 to €4,804
- Financial charges +€4,594
up €4,594 (+14508.9%), from €32 to €4,625
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 | €248,754 | €224,771 | -€23,982 | -9.6% |
| Fixed assets | 21/28 | €2,113 | €46,088 | +€43,975 | +2081.4% |
| Tangible fixed assets | 22/27 | €2,113 | €46,088 | +€43,975 | +2081.4% |
| Plant, machinery and equipment | 23 | - | €1,308 | +€1,308 | |
| Furniture and vehicles | 24 | €2,113 | €44,780 | +€42,667 | +2019.5% |
| Current assets | 29/58 | €246,641 | €178,683 | -€67,958 | -27.6% |
| Amounts receivable within one year | 40/41 | €16,935 | €45,711 | +€28,776 | +169.9% |
| Trade receivables | 40 | €16,725 | €33,578 | +€16,853 | +100.8% |
| Other amounts receivable | 41 | €211 | €12,134 | +€11,923 | +5660.2% |
| Current investments | 50/53 | €100,000 | €112,000 | +€12,000 | +12.0% |
| Cash at bank and in hand | 54/58 | €123,329 | €19,940 | -€103,389 | -83.8% |
| Deferred charges and accrued income | 490/1 | €6,376 | €1,032 | -€5,345 | -83.8% |
| Total equity and liabilities | 10/49 | €248,754 | €224,771 | -€23,982 | -9.6% |
| Equity | 10/15 | €194,609 | €211,692 | +€17,083 | +8.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €188,409 | €205,492 | +€17,083 | +9.1% |
| Distributable reserves | 133 | €188,409 | €205,492 | +€17,083 | +9.1% |
| Amounts payable | 17/49 | €54,145 | €13,079 | -€41,066 | -75.8% |
| Amounts payable within one year | 42/48 | €54,145 | €13,079 | -€41,066 | -75.8% |
| Trade debts | 44 | €1,698 | €1,562 | -€137 | -8.0% |
| Suppliers | 440/4 | €1,698 | €1,562 | -€137 | -8.0% |
| Taxes, remuneration and social security | 45 | €19,336 | €4,488 | -€14,848 | -76.8% |
| Taxes | 450/3 | €19,336 | €4,488 | -€14,848 | -76.8% |
| Other amounts payable | 47/48 | €33,111 | €7,029 | -€26,081 | -78.8% |
| Non-recurring operating income | 76A | €8,000 | €16,516 | +€8,516 | +106.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,525 | €7,234 | -€292 | -3.9% |
| Other operating charges | 640/8 | €1,063 | €609 | -€454 | -42.7% |
| Gross operating margin | 9900 | €112,035 | €29,047 | -€82,989 | -74.1% |
| Operating profit (loss) | 9901 | €103,447 | €21,204 | -€82,243 | -79.5% |
| Financial income | 75/76B | €2 | €4,804 | +€4,803 | +272879.5% |
| Recurring financial income | 75 | €2 | €4,804 | +€4,803 | +272879.5% |
| Financial charges | 65/66B | €32 | €4,625 | +€4,594 | +14508.9% |
| Recurring financial charges | 65 | €32 | €4,625 | +€4,594 | +14508.9% |
| Profit (loss) for the period before taxes | 9903 | €103,417 | €21,384 | -€82,034 | -79.3% |
| Income taxes | 67/77 | €28,567 | €4,300 | -€24,267 | -84.9% |
| Profit (loss) for the period | 9904 | €74,850 | €17,083 | -€57,767 | -77.2% |
| Profit (loss) for the period to be appropriated | 9905 | €74,850 | €17,083 | -€57,767 | -77.2% |
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 12 October 2026 via checked.be.