ALTIS CONSEIL: 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.
ALTIS CONSEIL
Largest movements
- Receivables within one year +€22,863
up €22,863 (+179%), from €12,791 to €35,654
of which Trade receivables: +€22,500
- Cash -€14,798
down €14,798 (-79.8%), from €18,545 to €3,748
mainly Receivables within one year (-€22,863) and Contributions, distributions and other (-€15,000)
- Deferred charges and accrued income -€8,804
down €8,804 (-74.5%), from €11,821 to €3,017
- Tangible fixed assets -€2,587
down €2,587 (-60.3%), from €4,288 to €1,701
of which Furniture and vehicles: -€4,288
- Current investments -€1,463
down €1,463 (-14.7%), from €9,985 to €8,521
- Profit (loss) carried forward -€17,728
down €17,728 (-42.7%), from €41,562 to €23,834
- Other debts +€15,108
up €15,108 (+283%), from €5,332 to €20,440
- Debts after one year -€2,975
no longer reported in 2025 (was €2,975)
- Trade debts +€2,184
up €2,184 (+41.9%), from €5,208 to €7,392
- Current portion of long-term debt -€1,379
down €1,379 (-31.7%), from €4,354 to €2,975
- Gross operating margin -€12,693
down €12,693 (-91.9%), from €13,815 to €1,122
- Depreciation -€6,929
down €6,929 (-96.3%), from €7,198 to €269
- Taxes +€986
up €986 (+93.9%), from €1,050 to €2,037
- Financial charges -€919
down €919 (-41.0%), from €2,239 to €1,320
- Financial income +€304
up €304 (+74.2%), from €410 to €714
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 | €62,430 | €57,640 | -€4,790 | -7.7% |
| Fixed assets | 21/28 | €9,288 | €6,701 | -€2,587 | -27.9% |
| Tangible fixed assets | 22/27 | €4,288 | €1,701 | -€2,587 | -60.3% |
| Plant, machinery and equipment | 23 | - | €1,701 | +€1,701 | |
| Furniture and vehicles | 24 | €4,288 | - | -€4,288 | |
| Financial fixed assets | 28 | €5,000 | €5,000 | = | 0.0% |
| Current assets | 29/58 | €53,142 | €50,940 | -€2,202 | -4.1% |
| Amounts receivable within one year | 40/41 | €12,791 | €35,654 | +€22,863 | +179% |
| Trade receivables | 40 | €10,000 | €32,500 | +€22,500 | +225% |
| Other amounts receivable | 41 | €2,791 | €3,154 | +€363 | +13.0% |
| Current investments | 50/53 | €9,985 | €8,521 | -€1,463 | -14.7% |
| Cash at bank and in hand | 54/58 | €18,545 | €3,748 | -€14,798 | -79.8% |
| Deferred charges and accrued income | 490/1 | €11,821 | €3,017 | -€8,804 | -74.5% |
| Total equity and liabilities | 10/49 | €62,430 | €57,640 | -€4,790 | -7.7% |
| Equity | 10/15 | €44,562 | €26,834 | -€17,728 | -39.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €41,562 | €23,834 | -€17,728 | -42.7% |
| Amounts payable | 17/49 | €17,868 | €30,806 | +€12,938 | +72.4% |
| Amounts payable after more than one year | 17 | €2,975 | - | -€2,975 | |
| Financial debts | 170/4 | €2,975 | - | -€2,975 | |
| Amounts payable within one year | 42/48 | €14,893 | €30,806 | +€15,913 | +107% |
| Current portion of amounts payable after more than one year | 42 | €4,354 | €2,975 | -€1,379 | -31.7% |
| Trade debts | 44 | €5,208 | €7,392 | +€2,184 | +41.9% |
| Suppliers | 440/4 | €5,208 | €7,392 | +€2,184 | +41.9% |
| Other amounts payable | 47/48 | €5,332 | €20,440 | +€15,108 | +283% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,198 | €269 | -€6,929 | -96.3% |
| Other operating charges | 640/8 | €1,065 | €938 | -€127 | -11.9% |
| Gross operating margin | 9900 | €13,815 | €1,122 | -€12,693 | -91.9% |
| Operating profit (loss) | 9901 | €5,552 | -€85 | -€5,637 | |
| Financial income | 75/76B | €410 | €714 | +€304 | +74.2% |
| Recurring financial income | 75 | €410 | €714 | +€304 | +74.2% |
| Financial charges | 65/66B | €2,239 | €1,320 | -€919 | -41.0% |
| Recurring financial charges | 65 | €2,239 | €1,320 | -€919 | -41.0% |
| Profit (loss) for the period before taxes | 9903 | €3,723 | -€692 | -€4,414 | |
| Income taxes | 67/77 | €1,050 | €2,037 | +€986 | +93.9% |
| Profit (loss) for the period | 9904 | €2,672 | -€2,728 | -€5,401 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,672 | -€2,728 | -€5,401 |
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 15 October 2026 via checked.be.