ALTIPLUS: 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.
ALTIPLUS
Largest movements
- Receivables within one year -€13,727
down €13,727 (-39.3%), from €34,943 to €21,217
of which Other amounts receivable: -€11,627
- Tangible fixed assets -€1,008
down €1,008 (-55.9%), from €1,802 to €794
- Reserves -€9,697
down €9,697 (-39.7%), from €24,445 to €14,748
- Tax, wage and social debts -€5,267
down €5,267 (-93.4%), from €5,641 to €374
- Gross operating margin +€873
up €873 (+10.3%), from -€8,489 to -€7,617
- Depreciation -€509
down €509 (-32.3%), from €1,577 to €1,067
- Taxes -€178
down €178 (-68.1%), from €262 to €83
- Other operating charges -€140
down €140 (-14.6%), from €960 to €820
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €36,853 | €22,132 | -€14,721 | -39.9% |
| Formation expenses | 20 | €60 | - | -€60 | |
| Fixed assets | 21/28 | €1,802 | €794 | -€1,008 | -55.9% |
| Tangible fixed assets | 22/27 | €1,802 | €794 | -€1,008 | -55.9% |
| Furniture and vehicles | 24 | €1,802 | €794 | -€1,008 | -55.9% |
| Current assets | 29/58 | €34,992 | €21,338 | -€13,654 | -39.0% |
| Amounts receivable within one year | 40/41 | €34,943 | €21,217 | -€13,727 | -39.3% |
| Trade receivables | 40 | €2,100 | - | -€2,100 | |
| Other amounts receivable | 41 | €32,843 | €21,217 | -€11,627 | -35.4% |
| Cash at bank and in hand | 54/58 | €49 | €121 | +€73 | +150% |
| Total equity and liabilities | 10/49 | €36,853 | €22,132 | -€14,721 | -39.9% |
| Equity | 10/15 | €30,645 | €20,948 | -€9,697 | -31.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €24,445 | €14,748 | -€9,697 | -39.7% |
| Distributable reserves | 133 | €24,445 | €14,748 | -€9,697 | -39.7% |
| Amounts payable | 17/49 | €6,208 | €1,184 | -€5,024 | -80.9% |
| Amounts payable within one year | 42/48 | €6,208 | €1,184 | -€5,024 | -80.9% |
| Trade debts | 44 | €567 | €810 | +€243 | +42.9% |
| Suppliers | 440/4 | €567 | €810 | +€243 | +42.9% |
| Taxes, remuneration and social security | 45 | €5,641 | €374 | -€5,267 | -93.4% |
| Taxes | 450/3 | €5,641 | €374 | -€5,267 | -93.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,577 | €1,067 | -€509 | -32.3% |
| Other operating charges | 640/8 | €960 | €820 | -€140 | -14.6% |
| Gross operating margin | 9900 | -€8,489 | -€7,617 | +€873 | +10.3% |
| Operating profit (loss) | 9901 | -€11,026 | -€9,504 | +€1,522 | +13.8% |
| Financial charges | 65/66B | €154 | €109 | -€44 | -28.9% |
| Recurring financial charges | 65 | €104 | €109 | +€6 | +5.3% |
| Non-recurring financial charges | 66B | €50 | - | -€50 | |
| Profit (loss) for the period before taxes | 9903 | -€11,180 | -€9,614 | +€1,566 | +14.0% |
| Income taxes | 67/77 | €262 | €83 | -€178 | -68.1% |
| Profit (loss) for the period | 9904 | -€11,442 | -€9,697 | +€1,745 | +15.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,442 | -€9,697 | +€1,745 | +15.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.