ALTIPIANO: 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.
ALTIPIANO
Largest movements
- Cash -€19,906
down €19,906 (-42.4%), from €47,000 to €27,094
mainly Contributions, distributions and other (-€22,000) and Receivables within one year (-€11,483)
- Receivables within one year +€11,483
up €11,483 (+159%), from €7,222 to €18,704
of which Other amounts receivable: +€16,978
- Tangible fixed assets -€3,658
down €3,658 (-26.5%), from €13,823 to €10,165
of which Furniture and vehicles: -€2,865
- Profit (loss) carried forward -€25,059
down €25,059 (-44.4%), from €56,396 to €31,337
- Other debts +€22,000
new in 2025: €22,000
- Tax, wage and social debts -€7,379
down €7,379 (-88.8%), from €8,313 to €935
- Trade debts -€1,644
down €1,644 (-96.8%), from €1,698 to €54
- Gross operating margin -€22,820
down €22,820 (-94.6%), from €24,131 to €1,311
- Taxes -€5,098
down €5,098 (-98.2%), from €5,191 to €93
- Depreciation +€1,969
up €1,969 (+86.7%), from €2,270 to €4,239
- Financial income +€521
up €521 (+1,142%), from €46 to €567
- Other operating charges -€268
down €268 (-40.9%), from €656 to €387
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 | €68,407 | €56,326 | -€12,081 | -17.7% |
| Fixed assets | 21/28 | €14,186 | €10,528 | -€3,658 | -25.8% |
| Tangible fixed assets | 22/27 | €13,823 | €10,165 | -€3,658 | -26.5% |
| Furniture and vehicles | 24 | €8,269 | €5,404 | -€2,865 | -34.6% |
| Other tangible fixed assets | 26 | €5,554 | €4,760 | -€793 | -14.3% |
| Financial fixed assets | 28 | €363 | €363 | = | 0.0% |
| Current assets | 29/58 | €54,221 | €45,798 | -€8,423 | -15.5% |
| Amounts receivable within one year | 40/41 | €7,222 | €18,704 | +€11,483 | +159% |
| Trade receivables | 40 | €5,495 | - | -€5,495 | |
| Other amounts receivable | 41 | €1,727 | €18,704 | +€16,978 | +983% |
| Cash at bank and in hand | 54/58 | €47,000 | €27,094 | -€19,906 | -42.4% |
| Total equity and liabilities | 10/49 | €68,407 | €56,326 | -€12,081 | -17.7% |
| Equity | 10/15 | €58,396 | €33,337 | -€25,059 | -42.9% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Contributions outside capital | 11 | €2,000 | €2,000 | = | 0.0% |
| Other | 1109/19 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €56,396 | €31,337 | -€25,059 | -44.4% |
| Amounts payable | 17/49 | €10,011 | €22,989 | +€12,978 | +130% |
| Amounts payable within one year | 42/48 | €10,011 | €22,989 | +€12,978 | +130% |
| Trade debts | 44 | €1,698 | €54 | -€1,644 | -96.8% |
| Suppliers | 440/4 | €1,698 | €54 | -€1,644 | -96.8% |
| Taxes, remuneration and social security | 45 | €8,313 | €935 | -€7,379 | -88.8% |
| Taxes | 450/3 | €8,313 | €935 | -€7,379 | -88.8% |
| Other amounts payable | 47/48 | - | €22,000 | +€22,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,270 | €4,239 | +€1,969 | +86.7% |
| Other operating charges | 640/8 | €656 | €387 | -€268 | -40.9% |
| Gross operating margin | 9900 | €24,131 | €1,311 | -€22,820 | -94.6% |
| Operating profit (loss) | 9901 | €21,204 | -€3,316 | -€24,520 | |
| Financial income | 75/76B | €46 | €567 | +€521 | +1,142% |
| Recurring financial income | 75 | €46 | €567 | +€521 | +1,142% |
| Financial charges | 65/66B | €120 | €217 | +€97 | +81.0% |
| Recurring financial charges | 65 | €120 | €217 | +€97 | +81.0% |
| Profit (loss) for the period before taxes | 9903 | €21,130 | -€2,966 | -€24,096 | |
| Income taxes | 67/77 | €5,191 | €93 | -€5,098 | -98.2% |
| Profit (loss) for the period | 9904 | €15,939 | -€3,059 | -€18,998 | |
| Profit (loss) for the period to be appropriated | 9905 | €15,939 | -€3,059 | -€18,998 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.