ALTIPLAY: what changed
Two fiscal 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.
ALTIPLAY
Largest movements
- Cash +€18,119
up €18,119 (+187.0%), from €9,691 to €27,810
mainly Trade debts (+€40,246) and Receivables within one year (+€15,234)
- Receivables within one year -€15,234
down €15,234 (-18.1%), from €84,197 to €68,963
of which Trade receivables: -€19,462
- Intangible fixed assets +€10,782
new in 2025: €10,782
- Debts after one year -€40,674
down €40,674 (-12.4%), from €329,015 to €288,341
- Trade debts +€40,246
up €40,246 (+92159.4%), from €44 to €40,290
- Other debts +€7,000
up €7,000 (+31.8%), from €22,005 to €29,005
- Gross operating margin -€9,745
down €9,745 (-23.9%), from €40,769 to €31,024
- Taxes -€6,805
down €6,805 (-66.3%), from €10,258 to €3,452
- Financial charges +€6,016
up €6,016 (+84.7%), from €7,102 to €13,119
- Financial income -€4,444
down €4,444 (-80.5%), from €5,520 to €1,076
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 | €471,966 | €484,064 | +€12,098 | +2.6% |
| Fixed assets | 21/28 | €377,575 | €387,290 | +€9,715 | +2.6% |
| Intangible fixed assets | 21 | - | €10,782 | +€10,782 | |
| Tangible fixed assets | 22/27 | €95,193 | €94,201 | -€992 | -1.0% |
| Land and buildings | 22 | €93,680 | €93,680 | = | 0.0% |
| Furniture and vehicles | 24 | €1,513 | €522 | -€992 | -65.5% |
| Financial fixed assets | 28 | €282,382 | €282,307 | -€75 | 0.0% |
| Current assets | 29/58 | €94,391 | €96,773 | +€2,383 | +2.5% |
| Amounts receivable within one year | 40/41 | €84,197 | €68,963 | -€15,234 | -18.1% |
| Trade receivables | 40 | €70,961 | €51,499 | -€19,462 | -27.4% |
| Other amounts receivable | 41 | €13,236 | €17,464 | +€4,228 | +31.9% |
| Cash at bank and in hand | 54/58 | €9,691 | €27,810 | +€18,119 | +187.0% |
| Deferred charges and accrued income | 490/1 | €502 | - | -€502 | |
| Total equity and liabilities | 10/49 | €471,966 | €484,064 | +€12,098 | +2.6% |
| Equity | 10/15 | €60,073 | €62,732 | +€2,660 | +4.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €865 | €865 | = | 0.0% |
| Distributable reserves | 133 | €865 | €865 | = | 0.0% |
| Profit (loss) carried forward | 14 | €53,008 | €55,668 | +€2,660 | +5.0% |
| Amounts payable | 17/49 | €411,893 | €421,332 | +€9,438 | +2.3% |
| Amounts payable after more than one year | 17 | €329,015 | €288,341 | -€40,674 | -12.4% |
| Financial debts | 170/4 | €329,015 | €288,341 | -€40,674 | -12.4% |
| Amounts payable within one year | 42/48 | €80,875 | €130,671 | +€49,795 | +61.6% |
| Current portion of amounts payable after more than one year | 42 | €39,269 | €40,674 | +€1,405 | +3.6% |
| Trade debts | 44 | €44 | €40,290 | +€40,246 | +92159.4% |
| Suppliers | 440/4 | €44 | €40,290 | +€40,246 | +92159.4% |
| Taxes, remuneration and social security | 45 | €19,558 | €20,702 | +€1,144 | +5.9% |
| Taxes | 450/3 | €19,558 | €20,702 | +€1,144 | +5.9% |
| Other amounts payable | 47/48 | €22,005 | €29,005 | +€7,000 | +31.8% |
| Accrued charges and deferred income | 492/3 | €2,003 | €2,320 | +€317 | +15.8% |
| Remuneration, social security and pensions | 62 | €4,022 | €3,781 | -€241 | -6.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €992 | €1,160 | +€168 | +16.9% |
| Other operating charges | 640/8 | €1,046 | €929 | -€118 | -11.3% |
| Gross operating margin | 9900 | €40,769 | €31,024 | -€9,745 | -23.9% |
| Operating profit (loss) | 9901 | €34,709 | €25,154 | -€9,555 | -27.5% |
| Financial income | 75/76B | €5,520 | €1,076 | -€4,444 | -80.5% |
| Recurring financial income | 75 | €5,520 | €1,076 | -€4,444 | -80.5% |
| Financial charges | 65/66B | €7,102 | €13,119 | +€6,016 | +84.7% |
| Recurring financial charges | 65 | €7,102 | €13,119 | +€6,016 | +84.7% |
| Profit (loss) for the period before taxes | 9903 | €33,127 | €13,112 | -€20,014 | -60.4% |
| Income taxes | 67/77 | €10,258 | €3,452 | -€6,805 | -66.3% |
| Profit (loss) for the period | 9904 | €22,869 | €9,660 | -€13,209 | -57.8% |
| Profit (loss) for the period to be appropriated | 9905 | €22,869 | €9,660 | -€13,209 | -57.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.