Altitude 4808: 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.
Altitude 4808
Largest movements
- Cash +€10,062
up €10,062 (+76.4%), from €13,163 to €23,225
mainly Other debts (+€20,000) and Net result for the year (+€11,031)
- Deferred charges and accrued income +€2,726
up €2,726 (+189%), from €1,439 to €4,166
- Tangible fixed assets -€989
down €989 (-15.1%), from €6,534 to €5,545
- Other debts +€20,000
up €20,000 (+96,618%), from €21 to €20,021
- Profit (loss) carried forward -€8,969
down €8,969 (-42.8%), from €20,951 to €11,982
- Trade debts +€1,319
up €1,319 (+4,362%), from €30 to €1,349
- Depreciation +€1,594
up €1,594 (+51.2%), from €3,113 to €4,706
- Gross operating margin +€231
up €231 (+1.1%), from €21,286 to €21,517
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 | €39,592 | €51,570 | +€11,978 | +30.3% |
| Fixed assets | 21/28 | €6,534 | €5,545 | -€989 | -15.1% |
| Tangible fixed assets | 22/27 | €6,534 | €5,545 | -€989 | -15.1% |
| Plant, machinery and equipment | 23 | €6,534 | €5,545 | -€989 | -15.1% |
| Current assets | 29/58 | €33,058 | €46,025 | +€12,967 | +39.2% |
| Amounts receivable within one year | 40/41 | €18,456 | €18,634 | +€178 | +1.0% |
| Trade receivables | 40 | €18,456 | €18,634 | +€178 | +1.0% |
| Cash at bank and in hand | 54/58 | €13,163 | €23,225 | +€10,062 | +76.4% |
| Deferred charges and accrued income | 490/1 | €1,439 | €4,166 | +€2,726 | +189% |
| Total equity and liabilities | 10/49 | €39,592 | €51,570 | +€11,978 | +30.3% |
| Equity | 10/15 | €25,951 | €16,982 | -€8,969 | -34.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €20,951 | €11,982 | -€8,969 | -42.8% |
| Amounts payable | 17/49 | €13,641 | €34,588 | +€20,947 | +154% |
| Amounts payable within one year | 42/48 | €13,641 | €34,588 | +€20,947 | +154% |
| Trade debts | 44 | €30 | €1,349 | +€1,319 | +4,362% |
| Suppliers | 440/4 | €30 | €1,349 | +€1,319 | +4,362% |
| Taxes, remuneration and social security | 45 | €13,590 | €13,218 | -€372 | -2.7% |
| Taxes | 450/3 | €13,414 | €13,218 | -€196 | -1.5% |
| Remuneration and social security | 454/9 | €176 | - | -€176 | |
| Other amounts payable | 47/48 | €21 | €20,021 | +€20,000 | +96,618% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,113 | €4,706 | +€1,594 | +51.2% |
| Gross operating margin | 9900 | €21,286 | €21,517 | +€231 | +1.1% |
| Operating profit (loss) | 9901 | €18,173 | €16,811 | -€1,362 | -7.5% |
| Financial charges | 65/66B | €1,429 | €1,596 | +€167 | +11.7% |
| Recurring financial charges | 65 | €1,359 | €1,596 | +€238 | +17.5% |
| Non-recurring financial charges | 66B | €70 | - | -€70 | |
| Profit (loss) for the period before taxes | 9903 | €16,744 | €15,214 | -€1,530 | -9.1% |
| Income taxes | 67/77 | €4,131 | €4,183 | +€52 | +1.3% |
| Profit (loss) for the period | 9904 | €12,613 | €11,031 | -€1,582 | -12.5% |
| Profit (loss) for the period to be appropriated | 9905 | €12,613 | €11,031 | -€1,582 | -12.5% |
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.