ALTIPRO: 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.
ALTIPRO
Largest movements
- Cash +€6,691
up €6,691 (+31.1%), from €21,508 to €28,199
mainly Net result for the year (+€7,416) and Tax, wage and social debts (+€5,768)
- Reserves +€7,416
up €7,416 (+12.0%), from €61,831 to €69,247
- Tax, wage and social debts +€5,768
up €5,768 (+451%), from €1,279 to €7,046
of which Taxes: +€6,268
- Trade debts -€4,802
down €4,802 (-92.0%), from €5,221 to €419
- Gross operating margin +€10,828
up €10,828 (+110%), from €9,862 to €20,690
- Taxes +€4,033
up €4,033 (+553%), from €729 to €4,762
- Depreciation -€661
down €661 (-10.9%), from €6,046 to €5,385
- Financial income -€404
down €404 (-99.1%), from €407 to €4
- Other operating charges +€367
up €367 (+26.1%), from €1,406 to €1,773
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 | €74,531 | €82,912 | +€8,382 | +11.2% |
| Fixed assets | 21/28 | €11,141 | €11,628 | +€487 | +4.4% |
| Tangible fixed assets | 22/27 | €11,141 | €11,628 | +€487 | +4.4% |
| Plant, machinery and equipment | 23 | €6,743 | €8,402 | +€1,659 | +24.6% |
| Furniture and vehicles | 24 | €4,399 | €3,226 | -€1,172 | -26.7% |
| Current assets | 29/58 | €63,389 | €71,284 | +€7,895 | +12.5% |
| Amounts receivable within one year | 40/41 | €39,623 | €40,085 | +€462 | +1.2% |
| Trade receivables | 40 | €25,224 | €14,917 | -€10,308 | -40.9% |
| Other amounts receivable | 41 | €14,399 | €25,169 | +€10,770 | +74.8% |
| Cash at bank and in hand | 54/58 | €21,508 | €28,199 | +€6,691 | +31.1% |
| Deferred charges and accrued income | 490/1 | €2,258 | €3,000 | +€742 | +32.8% |
| Total equity and liabilities | 10/49 | €74,531 | €82,912 | +€8,382 | +11.2% |
| Equity | 10/15 | €68,031 | €75,447 | +€7,416 | +10.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €61,831 | €69,247 | +€7,416 | +12.0% |
| Distributable reserves | 133 | €61,831 | €69,247 | +€7,416 | +12.0% |
| Amounts payable | 17/49 | €6,499 | €7,465 | +€966 | +14.9% |
| Amounts payable within one year | 42/48 | €6,499 | €7,465 | +€966 | +14.9% |
| Trade debts | 44 | €5,221 | €419 | -€4,802 | -92.0% |
| Suppliers | 440/4 | €5,221 | €419 | -€4,802 | -92.0% |
| Taxes, remuneration and social security | 45 | €1,279 | €7,046 | +€5,768 | +451% |
| Taxes | 450/3 | €779 | €7,046 | +€6,268 | +805% |
| Remuneration and social security | 454/9 | €500 | €0 | -€500 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,046 | €5,385 | -€661 | -10.9% |
| Other operating charges | 640/8 | €1,406 | €1,773 | +€367 | +26.1% |
| Gross operating margin | 9900 | €9,862 | €20,690 | +€10,828 | +110% |
| Operating profit (loss) | 9901 | €2,410 | €13,532 | +€11,121 | +461% |
| Financial income | 75/76B | €407 | €4 | -€404 | -99.1% |
| Recurring financial income | 75 | €407 | €4 | -€404 | -99.1% |
| Financial charges | 65/66B | €1,628 | €1,358 | -€271 | -16.6% |
| Recurring financial charges | 65 | €1,628 | €1,358 | -€271 | -16.6% |
| Profit (loss) for the period before taxes | 9903 | €1,189 | €12,178 | +€10,988 | +924% |
| Income taxes | 67/77 | €729 | €4,762 | +€4,033 | +553% |
| Profit (loss) for the period | 9904 | €460 | €7,416 | +€6,955 | +1,511% |
| Profit (loss) for the period to be appropriated | 9905 | €460 | €7,416 | +€6,955 | +1,511% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.