ALTIUS: 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
ALTIUS
NACE 69.101, Activities of lawyers
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€0
2024 · €0
Equity
€588,694
2024 · €484,806+€103,888
Cash
€67,512
2024 · €481,596-€414,084
Balance sheet total
€9.1m
2024 · €10.1m-€979,892
Largest movements
Assets
- Receivables within one year -€615,159
down €615,159 (-7.5%), from €8.2m to €7.5m
of which Trade receivables: -€616,792
- Cash -€414,084
down €414,084 (-86.0%), from €481,596 to €67,512
mainly Short-term financial debts (-€870,007) and Accrued charges and deferred income (-€184,375)
- Tangible fixed assets -€154,039
down €154,039 (-19.6%), from €784,414 to €630,375
of which Furniture and vehicles: -€100,601
- Deferred charges and accrued income +€143,034
up €143,034 (+27.2%), from €525,022 to €668,056
Equity and liabilities
- Short-term financial debts -€870,007
down €870,007 (-47.2%), from €1.8m to €972,403
- Accrued charges and deferred income -€184,375
down €184,375 (-24.2%), from €761,906 to €577,531
- Contributions +€103,888
up €103,888 (+128.7%), from €80,715 to €184,603
Income statement
- Turnover +€1.6m
up €1.6m (+9.3%), from €16.9m to €18.4m
- Services and other goods +€1.5m
up €1.5m (+10.3%), from €14.6m to €16.1m
- Other operating charges +€645,934
up €645,934 (+56.4%), from €1.1m to €1.8m
- Write-downs -€398,151
down €398,151 (-808.3%), from -€49,255 to -€447,406
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.
Result 2024
€0
Turnover
+€1.6m
Other operating income
+€103,094
Services and other goods
-€1.5m
Staff costs
-€119,646
Depreciation
+€54,995
Write-downs
+€398,151
Other operating charges
-€645,934
Other operating items
+€120,820
Financial income
-€3,742
Financial charges
+€25,528
Taxes
-€739
Result 2025
€0
Cash bridge derived
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.
From operations
+€498,482
Investment
-€65,538
Financing
-€847,028
Cash 2024
€481,596
From operations (derived)
+€498,482
Depreciation
+€218,183
Stocks and contracts
-€58,962
Receivables within one year
+€615,159
Deferred charges and accrued income
-€143,034
Trade debts
-€29,211
Tax, wage and social debts
+€52,563
Other debts
+€28,159
Accrued charges and deferred income
-€184,375
Investment (derived)
-€65,538
Investment in fixed assets (net)
-€65,538
Financing
-€847,028
Debts after one year
-€82,190
Current portion of long-term debt
+€1,281
Short-term financial debts
-€870,007
Contributions, distributions and other
+€103,888
Cash 2025
€67,512
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €10,113,552 | €9,133,660 | -€979,892 | -9.7% |
| Fixed assets | 21/28 | €835,233 | €682,588 | -€152,645 | -18.3% |
| Intangible fixed assets | 21 | €45,154 | €46,548 | +€1,394 | +3.1% |
| Tangible fixed assets | 22/27 | €784,414 | €630,375 | -€154,039 | -19.6% |
| Furniture and vehicles | 24 | €384,061 | €283,460 | -€100,601 | -26.2% |
| Other tangible fixed assets | 26 | €400,353 | €346,915 | -€53,438 | -13.3% |
| Financial fixed assets | 28 | €5,665 | €5,665 | = | 0.0% |
| Other financial fixed assets | 284/8 | €5,665 | €5,665 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €5,665 | €5,665 | = | 0.0% |
| Current assets | 29/58 | €9,278,319 | €8,451,072 | -€827,247 | -8.9% |
| Stocks and contracts in progress | 3 | €119,821 | €178,783 | +€58,962 | +49.2% |
| Contracts in progress | 37 | €119,821 | €178,783 | +€58,962 | +49.2% |
| Amounts receivable within one year | 40/41 | €8,151,880 | €7,536,721 | -€615,159 | -7.5% |
| Trade receivables | 40 | €8,120,483 | €7,503,691 | -€616,792 | -7.6% |
| Other amounts receivable | 41 | €31,397 | €33,030 | +€1,633 | +5.2% |
| Cash at bank and in hand | 54/58 | €481,596 | €67,512 | -€414,084 | -86.0% |
| Deferred charges and accrued income | 490/1 | €525,022 | €668,056 | +€143,034 | +27.2% |
| Total equity and liabilities | 10/49 | €10,113,552 | €9,133,660 | -€979,892 | -9.7% |
| Equity | 10/15 | €484,806 | €588,694 | +€103,888 | +21.4% |
| Contributions | 10/11 | €80,715 | €184,603 | +€103,888 | +128.7% |
| Reserves | 13 | €404,091 | €404,091 | = | 0.0% |
| Distributable reserves | 133 | €404,091 | €404,091 | = | 0.0% |
| Amounts payable | 17/49 | €9,628,746 | €8,544,966 | -€1.1m | -11.3% |
| Amounts payable after more than one year | 17 | €200,857 | €118,667 | -€82,190 | -40.9% |
| Financial debts | 170/4 | €200,857 | €118,667 | -€82,190 | -40.9% |
| Credit institutions | 173 | €200,857 | €118,667 | -€82,190 | -40.9% |
| Amounts payable within one year | 42/48 | €8,665,983 | €7,848,768 | -€817,215 | -9.4% |
| Current portion of amounts payable after more than one year | 42 | €80,909 | €82,190 | +€1,281 | +1.6% |
| Financial debts | 43 | €1,842,410 | €972,403 | -€870,007 | -47.2% |
| Credit institutions | 430/8 | €1,842,410 | €972,403 | -€870,007 | -47.2% |
| Trade debts | 44 | €6,349,699 | €6,320,488 | -€29,211 | -0.5% |
| Suppliers | 440/4 | €6,349,699 | €6,320,488 | -€29,211 | -0.5% |
| Taxes, remuneration and social security | 45 | €386,581 | €439,144 | +€52,563 | +13.6% |
| Taxes | 450/3 | €174,383 | €211,437 | +€37,054 | +21.2% |
| Remuneration and social security | 454/9 | €212,198 | €227,707 | +€15,509 | +7.3% |
| Other amounts payable | 47/48 | €6,384 | €34,543 | +€28,159 | +441.1% |
| Accrued charges and deferred income | 492/3 | €761,906 | €577,531 | -€184,375 | -24.2% |
| Operating income | 70/76A | €17,862,966 | €19,657,595 | +€1.8m | +10.0% |
| Turnover | 70 | €16,874,233 | €18,444,948 | +€1.6m | +9.3% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | -€61,858 | €58,962 | +€120,820 | |
| Other operating income | 74 | €1,050,591 | €1,153,685 | +€103,094 | +9.8% |
| Operating charges | 60/66A | €17,716,307 | €19,531,983 | +€1.8m | +10.2% |
| Services and other goods | 61 | €14,632,759 | €16,136,001 | +€1.5m | +10.3% |
| Remuneration, social security and pensions | 62 | €1,714,141 | €1,833,787 | +€119,646 | +7.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €273,178 | €218,183 | -€54,995 | -20.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€49,255 | -€447,406 | -€398,151 | -808.3% |
| Other operating charges | 640/8 | €1,145,484 | €1,791,418 | +€645,934 | +56.4% |
| Operating profit (loss) | 9901 | €146,659 | €125,612 | -€21,047 | -14.4% |
| Financial income | 75/76B | €8,571 | €4,829 | -€3,742 | -43.7% |
| Recurring financial income | 75 | €8,571 | €4,829 | -€3,742 | -43.7% |
| Other financial income | 752/9 | €8,571 | €4,829 | -€3,742 | -43.7% |
| Financial charges | 65/66B | €100,032 | €74,504 | -€25,528 | -25.5% |
| Recurring financial charges | 65 | €100,032 | €74,504 | -€25,528 | -25.5% |
| Debt charges | 650 | €29,729 | €23,166 | -€6,563 | -22.1% |
| Other financial charges | 652/9 | €70,303 | €51,338 | -€18,965 | -27.0% |
| Profit (loss) for the period before taxes | 9903 | €55,198 | €55,937 | +€739 | +1.3% |
| Income taxes | 67/77 | €55,198 | €55,937 | +€739 | +1.3% |
| Taxes | 670/3 | €71,316 | €72,423 | +€1,107 | +1.6% |
| Tax adjustments and reversals of tax provisions | 77 | €16,118 | €16,486 | +€368 | +2.3% |
| Profit (loss) for the period | 9904 | €0 | €0 | = | |
| Profit (loss) for the period to be appropriated | 9905 | €0 | €0 | = |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.