Altis Group SA: 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.
What changed
Altis Group SA
NACE 47.811, Retail sale of cars and light vans (up to 3.5 tonnes)
financial year 31-12-2025 compared with 31-12-2024filed annual accounts (NBB)
Net result for the year
€150,328
31-12-2024 · -€1.6m+€1.7m
Equity
-€3.5m
31-12-2024 · -€3.7m+€150,327
Cash
€19,188
31-12-2024 · €7,983+€11,205
Balance sheet total
€6.0m
31-12-2024 · €5.3m+€697,204
Largest movements
Assets
- Receivables within one year +€731,015
up €731,015 (+147%), from €498,261 to €1.2m
of which Trade receivables: +€753,948
- Stocks and contracts +€203,159
up €203,159 (+10.8%), from €1.9m to €2.1m
of which Stocks: +€216,084
- Intangible fixed assets -€111,661
down €111,661 (-17.1%), from €653,161 to €541,500
- Tangible fixed assets -€87,308
down €87,308 (-4.2%), from €2.1m to €2.0m
of which Leasing and similar rights: -€130,792
Equity and liabilities
- Trade debts +€433,777
up €433,777 (+51.2%), from €846,421 to €1.3m
- Other debts +€283,031
up €283,031 (+6.9%), from €4.1m to €4.4m
- Tax, wage and social debts +€213,700
up €213,700 (+120%), from €177,832 to €391,532
of which Taxes: +€151,965
- Debts after one year -€188,484
down €188,484 (-13.3%), from €1.4m to €1.2m
- Accrued charges and deferred income -€153,815
down €153,815 (-12.7%), from €1.2m to €1.1m
Income statement
- Turnover +€14.7m
up €14.7m (+176%), from €8.4m to €23.1m
- Goods and materials +€13.9m
up €13.9m (+181%), from €7.7m to €21.6m
of which Purchases: +€14.1m
- Other operating income +€1.6m
up €1.6m (+226%), from €693,076 to €2.3m
- Staff costs +€646,867
up €646,867 (+58.1%), from €1.1m to €1.8m
- Services and other goods +€556,014
up €556,014 (+67.4%), from €825,145 to €1.4m
From the 31-12-2024 result to the 31-12-2025 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.
Result 31-12-2024
-€1.6m
Turnover
+€14.7m
Other operating income
+€1.6m
Goods and materials
-€13.9m
Services and other goods
-€556,014
Staff costs
-€646,867
Depreciation
-€172,205
Write-downs
-€5,977
Provisions
+€298,000
Other operating charges
-€39,091
Other operating items
+€137,994
Financial income
+€292
Financial charges
+€337,656
Taxes
-€671
Result 31-12-2025
€150,328
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
Derived from the 31-12-2024 and 31-12-2025 balance sheets and the 31-12-2025 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€334,404
Investment
-€136,160
Financing
-€187,039
Cash 31-12-2024
€7,983
From operations (derived)
+€334,404
Net result for the year
+€150,328
Depreciation
+€339,846
Stocks and contracts
-€203,159
Receivables within one year
-€731,015
Deferred charges and accrued income
+€44,489
Trade debts
+€433,777
Tax, wage and social debts
+€213,700
Advances received
-€42,778
Other debts
+€283,031
Accrued charges and deferred income
-€153,815
Investment (derived)
-€136,160
Investment in fixed assets (net)
-€136,155
Current investments
-€5
Financing
-€187,039
Debts after one year
-€188,484
Current portion of long-term debt
+€1,446
Contributions, distributions and other
-€1
Cash 31-12-2025
€19,188
brings cash intakes cash out
Every line side by side
| Line | Code | 31-12-2024 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,254,225 | €5,951,429 | +€697,204 | +13.3% |
| Formation expenses | 20 | €38,824 | €34,102 | -€4,722 | -12.2% |
| Fixed assets | 21/28 | €2,751,673 | €2,552,704 | -€198,969 | -7.2% |
| Intangible fixed assets | 21 | €653,161 | €541,500 | -€111,661 | -17.1% |
| Tangible fixed assets | 22/27 | €2,097,760 | €2,010,452 | -€87,308 | -4.2% |
| Land and buildings | 22 | €301,924 | €301,924 | = | 0.0% |
| Plant, machinery and equipment | 23 | €57,684 | €59,048 | +€1,364 | +2.4% |
| Furniture and vehicles | 24 | €120,654 | €78,187 | -€42,467 | -35.2% |
| Leasing and similar rights | 25 | €1,427,808 | €1,297,016 | -€130,792 | -9.2% |
| Other tangible fixed assets | 26 | €187,223 | €271,396 | +€84,173 | +45.0% |
| Assets under construction and advance payments | 27 | €2,467 | €2,881 | +€414 | +16.8% |
| Financial fixed assets | 28 | €752 | €752 | = | 0.0% |
| Other financial fixed assets | 284/8 | €752 | €752 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €752 | €752 | = | 0.0% |
| Current assets | 29/58 | €2,463,728 | €3,364,623 | +€900,895 | +36.6% |
| Stocks and contracts in progress | 3 | €1,889,099 | €2,092,258 | +€203,159 | +10.8% |
| Stocks | 30/36 | €1,858,793 | €2,074,877 | +€216,084 | +11.6% |
| Goods purchased for resale | 34 | €1,858,793 | €2,074,877 | +€216,084 | +11.6% |
| Contracts in progress | 37 | €30,306 | €17,381 | -€12,925 | -42.6% |
| Amounts receivable within one year | 40/41 | €498,261 | €1,229,276 | +€731,015 | +147% |
| Trade receivables | 40 | €470,038 | €1,223,986 | +€753,948 | +160% |
| Other amounts receivable | 41 | €28,223 | €5,290 | -€22,933 | -81.3% |
| Current investments | 50/53 | €844 | €849 | +€5 | +0.6% |
| Other investments | 51/53 | €844 | €849 | +€5 | +0.6% |
| Cash at bank and in hand | 54/58 | €7,983 | €19,188 | +€11,205 | +140% |
| Deferred charges and accrued income | 490/1 | €67,541 | €23,052 | -€44,489 | -65.9% |
| Total equity and liabilities | 10/49 | €5,254,225 | €5,951,429 | +€697,204 | +13.3% |
| Equity | 10/15 | -€3,674,076 | -€3,523,749 | +€150,327 | +4.1% |
| Contributions | 10/11 | €625,000 | €625,000 | = | 0.0% |
| Capital | 10 | €625,000 | €625,000 | = | 0.0% |
| Issued capital | 100 | €625,000 | €625,000 | = | 0.0% |
| Reserves | 13 | €62,500 | €62,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €62,500 | €62,500 | = | 0.0% |
| Legal reserve | 130 | €62,500 | €62,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,361,576 | -€4,211,249 | +€150,327 | +3.4% |
| Provisions and deferred taxes | 16 | €298,000 | €298,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €298,000 | €298,000 | = | 0.0% |
| Environmental obligations | 163 | €298,000 | - | -€298,000 | |
| Other liabilities and charges | 164/5 | - | €298,000 | +€298,000 | |
| Amounts payable | 17/49 | €8,630,301 | €9,177,178 | +€546,877 | +6.3% |
| Amounts payable after more than one year | 17 | €1,414,920 | €1,226,436 | -€188,484 | -13.3% |
| Financial debts | 170/4 | €1,414,920 | €1,226,436 | -€188,484 | -13.3% |
| Leasing and similar obligations | 172 | €1,355,495 | €1,226,436 | -€129,059 | -9.5% |
| Credit institutions | 173 | €9,425 | - | -€9,425 | |
| Other loans | 174 | €50,000 | - | -€50,000 | |
| Amounts payable within one year | 42/48 | €6,003,121 | €6,892,297 | +€889,176 | +14.8% |
| Current portion of amounts payable after more than one year | 42 | €187,038 | €188,484 | +€1,446 | +0.8% |
| Financial debts | 43 | €500,000 | €500,000 | = | 0.0% |
| Credit institutions | 430/8 | €500,000 | €500,000 | = | 0.0% |
| Trade debts | 44 | €846,421 | €1,280,198 | +€433,777 | +51.2% |
| Suppliers | 440/4 | €846,421 | €1,280,198 | +€433,777 | +51.2% |
| Advances received on contracts in progress | 46 | €187,083 | €144,305 | -€42,778 | -22.9% |
| Taxes, remuneration and social security | 45 | €177,832 | €391,532 | +€213,700 | +120% |
| Taxes | 450/3 | €10,652 | €162,617 | +€151,965 | +1,427% |
| Remuneration and social security | 454/9 | €167,180 | €228,915 | +€61,735 | +36.9% |
| Other amounts payable | 47/48 | €4,104,747 | €4,387,778 | +€283,031 | +6.9% |
| Accrued charges and deferred income | 492/3 | €1,212,260 | €1,058,445 | -€153,815 | -12.7% |
| Operating income | 70/76A | €9,062,629 | €25,362,601 | +€16.3m | +180% |
| Turnover | 70 | €8,369,553 | €23,072,899 | +€14.7m | +176% |
| Other operating income | 74 | €693,076 | €2,259,189 | +€1.6m | +226% |
| Non-recurring operating income | 76A | - | €30,513 | +€30,513 | |
| Operating charges | 60/66A | €10,044,752 | €24,976,988 | +€14.9m | +149% |
| Goods for resale, raw materials and consumables | 60 | €7,686,753 | €21,604,316 | +€13.9m | +181% |
| Purchases | 600/8 | €7,512,306 | €21,635,784 | +€14.1m | +188% |
| Change in stocks: decrease (increase) | 609 | €174,447 | -€31,468 | -€205,915 | |
| Services and other goods | 61 | €825,145 | €1,381,159 | +€556,014 | +67.4% |
| Remuneration, social security and pensions | 62 | €1,112,501 | €1,759,368 | +€646,867 | +58.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €167,641 | €339,846 | +€172,205 | +103% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€177,668 | -€171,691 | +€5,977 | +3.4% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €298,000 | - | -€298,000 | |
| Other operating charges | 640/8 | €24,899 | €63,990 | +€39,091 | +157% |
| Non-recurring operating charges | 66A | €107,481 | - | -€107,481 | |
| Operating profit (loss) | 9901 | -€982,123 | €385,613 | +€1.4m | |
| Financial income | 75/76B | €281 | €573 | +€292 | +104% |
| Recurring financial income | 75 | €281 | €573 | +€292 | +104% |
| Income from current assets | 751 | €9 | €1 | -€8 | -88.9% |
| Other financial income | 752/9 | €272 | €572 | +€300 | +110% |
| Financial charges | 65/66B | €570,793 | €233,137 | -€337,656 | -59.2% |
| Recurring financial charges | 65 | €122,406 | €233,137 | +€110,731 | +90.5% |
| Debt charges | 650 | €119,003 | €224,425 | +€105,422 | +88.6% |
| Other financial charges | 652/9 | €3,403 | €8,712 | +€5,309 | +156% |
| Non-recurring financial charges | 66B | €448,387 | - | -€448,387 | |
| Profit (loss) for the period before taxes | 9903 | -€1,552,635 | €153,049 | +€1.7m | |
| Income taxes | 67/77 | €2,050 | €2,721 | +€671 | +32.7% |
| Taxes | 670/3 | €2,050 | €2,721 | +€671 | +32.7% |
| Profit (loss) for the period | 9904 | -€1,554,685 | €150,328 | +€1.7m | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,554,685 | €150,328 | +€1.7m |
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 25 October 2026 via checked.be.