ALTIUS HR & SERVICES: 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.
ALTIUS HR & SERVICES
Largest movements
- Cash +€37,582
up €37,582 (+222%), from €16,939 to €54,520
mainly Net result for the year (+€35,261) and Deferred charges and accrued income (+€17,955)
- Receivables within one year +€19,123
up €19,123 (+192%), from €9,970 to €29,092
of which Trade receivables: +€26,106
- Deferred charges and accrued income -€17,955
down €17,955 (-81.3%), from €22,097 to €4,142
- Reserves +€24,562
up €24,562 (+34.4%), from €71,465 to €96,028
- Tax, wage and social debts +€13,701
new in 2025: €13,701
- Profit (loss) carried forward +€10,699
no longer reported in 2025 (was -€10,699)
- Trade debts -€9,499
down €9,499 (-69.4%), from €13,688 to €4,189
- Accrued charges and deferred income -€1,234
down €1,234 (-58.2%), from €2,121 to €887
- Gross operating margin +€58,275
up €58,275, from -€3,049 to €55,226
- Taxes +€9,966
up €9,966 (+4,423%), from €225 to €10,191
- Depreciation +€1,327
up €1,327 (+21.1%), from €6,296 to €7,624
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 | €83,422 | €121,004 | +€37,582 | +45.0% |
| Fixed assets | 21/28 | €34,417 | €33,250 | -€1,167 | -3.4% |
| Tangible fixed assets | 22/27 | €28,938 | €27,771 | -€1,167 | -4.0% |
| Plant, machinery and equipment | 23 | €1,808 | €3,556 | +€1,748 | +96.7% |
| Furniture and vehicles | 24 | - | €3,078 | +€3,078 | |
| Other tangible fixed assets | 26 | €27,130 | €21,137 | -€5,994 | -22.1% |
| Financial fixed assets | 28 | €5,479 | €5,479 | = | 0.0% |
| Current assets | 29/58 | €49,005 | €87,754 | +€38,749 | +79.1% |
| Amounts receivable within one year | 40/41 | €9,970 | €29,092 | +€19,123 | +192% |
| Trade receivables | 40 | €2,440 | €28,546 | +€26,106 | +1,070% |
| Other amounts receivable | 41 | €7,530 | €547 | -€6,983 | -92.7% |
| Cash at bank and in hand | 54/58 | €16,939 | €54,520 | +€37,582 | +222% |
| Deferred charges and accrued income | 490/1 | €22,097 | €4,142 | -€17,955 | -81.3% |
| Total equity and liabilities | 10/49 | €83,422 | €121,004 | +€37,582 | +45.0% |
| Equity | 10/15 | €66,966 | €102,228 | +€35,261 | +52.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €71,465 | €96,028 | +€24,562 | +34.4% |
| Distributable reserves | 133 | €71,465 | €96,028 | +€24,562 | +34.4% |
| Profit (loss) carried forward | 14 | -€10,699 | - | +€10,699 | |
| Amounts payable | 17/49 | €16,456 | €18,776 | +€2,320 | +14.1% |
| Amounts payable within one year | 42/48 | €14,335 | €17,889 | +€3,554 | +24.8% |
| Trade debts | 44 | €13,688 | €4,189 | -€9,499 | -69.4% |
| Suppliers | 440/4 | €13,688 | €4,189 | -€9,499 | -69.4% |
| Taxes, remuneration and social security | 45 | - | €13,701 | +€13,701 | |
| Taxes | 450/3 | - | €13,701 | +€13,701 | |
| Other amounts payable | 47/48 | €648 | - | -€648 | |
| Accrued charges and deferred income | 492/3 | €2,121 | €887 | -€1,234 | -58.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,296 | €7,624 | +€1,327 | +21.1% |
| Other operating charges | 640/8 | €1,202 | €1,322 | +€120 | +10.0% |
| Gross operating margin | 9900 | -€3,049 | €55,226 | +€58,275 | |
| Operating profit (loss) | 9901 | -€10,547 | €46,280 | +€56,827 | |
| Financial income | 75/76B | €1 | €15 | +€14 | +974% |
| Recurring financial income | 75 | €1 | €15 | +€14 | +974% |
| Financial charges | 65/66B | €955 | €843 | -€112 | -11.7% |
| Recurring financial charges | 65 | €955 | €843 | -€112 | -11.7% |
| Profit (loss) for the period before taxes | 9903 | -€11,501 | €45,452 | +€56,953 | |
| Income taxes | 67/77 | €225 | €10,191 | +€9,966 | +4,423% |
| Profit (loss) for the period | 9904 | -€11,726 | €35,261 | +€46,988 | |
| Profit (loss) for the period to be appropriated | 9905 | -€11,726 | €35,261 | +€46,988 |
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 20 October 2026 via checked.be.