ALTIOR SERVICES: 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.
ALTIOR SERVICES
Largest movements
- Tangible fixed assets -€33,859
down €33,859 (-17.1%), from €197,933 to €164,075
of which Furniture and vehicles: -€33,859
- Receivables within one year -€26,307
down €26,307 (-22.2%), from €118,586 to €92,278
of which Other amounts receivable: -€15,048
- Debts after one year -€50,763
no longer reported in 2025 (was €50,763)
- Tax, wage and social debts -€40,627
down €40,627 (-47.6%), from €85,272 to €44,645
of which Taxes: -€38,974
- Profit (loss) carried forward +€30,855
up €30,855 (+25.7%), from €119,986 to €150,841
- Other debts +€4,541
up €4,541 (+6.5%), from €70,000 to €74,541
- Gross operating margin +€82,202
up €82,202, from -€5,082 to €77,120
- Financial charges +€9,943
up €9,943 (+999%), from €995 to €10,938
- Depreciation -€9,745
down €9,745 (-71.7%), from €13,590 to €3,846
- Other operating charges +€8,698
up €8,698 (+611%), from €1,424 to €10,122
- Taxes +€6,545
new in 2025: €6,545
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 | €328,521 | €272,527 | -€55,994 | -17.0% |
| Fixed assets | 21/28 | €199,288 | €166,539 | -€32,749 | -16.4% |
| Tangible fixed assets | 22/27 | €197,933 | €164,075 | -€33,859 | -17.1% |
| Land and buildings | 22 | €141,000 | €141,000 | = | 0.0% |
| Plant, machinery and equipment | 23 | €4,476 | €4,477 | +€0 | 0.0% |
| Furniture and vehicles | 24 | €52,457 | €18,598 | -€33,859 | -64.5% |
| Financial fixed assets | 28 | €1,355 | €2,465 | +€1,110 | +81.9% |
| Current assets | 29/58 | €129,233 | €105,988 | -€23,245 | -18.0% |
| Amounts receivable within one year | 40/41 | €118,586 | €92,278 | -€26,307 | -22.2% |
| Trade receivables | 40 | €101,981 | €90,722 | -€11,259 | -11.0% |
| Other amounts receivable | 41 | €16,604 | €1,557 | -€15,048 | -90.6% |
| Cash at bank and in hand | 54/58 | €10,647 | €13,710 | +€3,062 | +28.8% |
| Total equity and liabilities | 10/49 | €328,521 | €272,527 | -€55,994 | -17.0% |
| Equity | 10/15 | €122,486 | €153,341 | +€30,855 | +25.2% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €119,986 | €150,841 | +€30,855 | +25.7% |
| Amounts payable | 17/49 | €206,035 | €119,186 | -€86,849 | -42.2% |
| Amounts payable after more than one year | 17 | €50,763 | - | -€50,763 | |
| Financial debts | 170/4 | €50,763 | - | -€50,763 | |
| Amounts payable within one year | 42/48 | €155,272 | €119,186 | -€36,086 | -23.2% |
| Taxes, remuneration and social security | 45 | €85,272 | €44,645 | -€40,627 | -47.6% |
| Taxes | 450/3 | €44,519 | €5,545 | -€38,974 | -87.5% |
| Remuneration and social security | 454/9 | €40,753 | €39,100 | -€1,653 | -4.1% |
| Other amounts payable | 47/48 | €70,000 | €74,541 | +€4,541 | +6.5% |
| Remuneration, social security and pensions | 62 | - | €5,012 | +€5,012 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,590 | €3,846 | -€9,745 | -71.7% |
| Other operating charges | 640/8 | €1,424 | €10,122 | +€8,698 | +611% |
| Non-recurring operating charges | 66A | - | €9,802 | +€9,802 | |
| Gross operating margin | 9900 | -€5,082 | €77,120 | +€82,202 | |
| Operating profit (loss) | 9901 | -€20,096 | €48,338 | +€68,435 | |
| Financial charges | 65/66B | €995 | €10,938 | +€9,943 | +999% |
| Recurring financial charges | 65 | €995 | €10,938 | +€9,943 | +999% |
| Profit (loss) for the period before taxes | 9903 | -€21,092 | €37,400 | +€58,492 | |
| Income taxes | 67/77 | - | €6,545 | +€6,545 | |
| Profit (loss) for the period | 9904 | -€21,092 | €30,855 | +€51,947 | |
| Profit (loss) for the period to be appropriated | 9905 | -€21,092 | €30,855 | +€51,947 |
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 13 October 2026 via checked.be.