ALTIVOX: 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.
ALTIVOX
Largest movements
- Receivables within one year -€9,214
down €9,214 (-73.8%), from €12,493 to €3,279
of which Other amounts receivable: -€10,865
- Cash +€5,219
up €5,219 (+2,763%), from €189 to €5,408
mainly Receivables within one year (+€9,214) and Net result for the year (+€5,011)
- Deferred charges and accrued income +€1,814
up €1,814 (+972%), from €187 to €2,000
- Tangible fixed assets +€1,172
up €1,172 (+161%), from €728 to €1,900
- Formation expenses +€958
up €958 (+277%), from €346 to €1,305
- Profit (loss) carried forward +€5,011
up €5,011 (+124%), from €4,047 to €9,058
- Tax, wage and social debts -€3,644
down €3,644 (-84.2%), from €4,328 to €684
of which Remuneration and social security: -€3,768
- Current portion of long-term debt -€1,603
down €1,603 (-40.4%), from €3,968 to €2,365
- Trade debts +€606
up €606 (+246%), from €246 to €852
- Other debts -€421
down €421 (-33.6%), from €1,254 to €833
- Gross operating margin +€16,400
up €16,400, from -€5,554 to €10,846
- Other operating charges +€1,465
up €1,465 (+359%), from €408 to €1,873
- Taxes +€1,357
up €1,357 (+536%), from €253 to €1,611
- Financial charges -€757
down €757 (-56.3%), from €1,345 to €588
- Depreciation -€182
down €182 (-9.4%), from €1,945 to €1,763
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 | €13,942 | €13,891 | -€51 | -0.4% |
| Formation expenses | 20 | €346 | €1,305 | +€958 | +277% |
| Fixed assets | 21/28 | €728 | €1,900 | +€1,172 | +161% |
| Tangible fixed assets | 22/27 | €728 | €1,900 | +€1,172 | +161% |
| Furniture and vehicles | 24 | €728 | €1,900 | +€1,172 | +161% |
| Current assets | 29/58 | €12,868 | €10,687 | -€2,182 | -17.0% |
| Amounts receivable within one year | 40/41 | €12,493 | €3,279 | -€9,214 | -73.8% |
| Trade receivables | 40 | €283 | €1,934 | +€1,651 | +583% |
| Other amounts receivable | 41 | €12,210 | €1,345 | -€10,865 | -89.0% |
| Cash at bank and in hand | 54/58 | €189 | €5,408 | +€5,219 | +2,763% |
| Deferred charges and accrued income | 490/1 | €187 | €2,000 | +€1,814 | +972% |
| Total equity and liabilities | 10/49 | €13,942 | €13,891 | -€51 | -0.4% |
| Equity | 10/15 | €4,147 | €9,158 | +€5,011 | +121% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,047 | €9,058 | +€5,011 | +124% |
| Amounts payable | 17/49 | €9,796 | €4,733 | -€5,062 | -51.7% |
| Amounts payable within one year | 42/48 | €9,796 | €4,733 | -€5,062 | -51.7% |
| Current portion of amounts payable after more than one year | 42 | €3,968 | €2,365 | -€1,603 | -40.4% |
| Trade debts | 44 | €246 | €852 | +€606 | +246% |
| Suppliers | 440/4 | €246 | €852 | +€606 | +246% |
| Taxes, remuneration and social security | 45 | €4,328 | €684 | -€3,644 | -84.2% |
| Taxes | 450/3 | €560 | €684 | +€124 | +22.1% |
| Remuneration and social security | 454/9 | €3,768 | - | -€3,768 | |
| Other amounts payable | 47/48 | €1,254 | €833 | -€421 | -33.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,945 | €1,763 | -€182 | -9.4% |
| Other operating charges | 640/8 | €408 | €1,873 | +€1,465 | +359% |
| Gross operating margin | 9900 | -€5,554 | €10,846 | +€16,400 | |
| Operating profit (loss) | 9901 | -€7,907 | €7,210 | +€15,117 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €1,345 | €588 | -€757 | -56.3% |
| Recurring financial charges | 65 | €1,345 | €588 | -€757 | -56.3% |
| Profit (loss) for the period before taxes | 9903 | -€9,252 | €6,622 | +€15,874 | |
| Income taxes | 67/77 | €253 | €1,611 | +€1,357 | +536% |
| Profit (loss) for the period | 9904 | -€9,506 | €5,011 | +€14,517 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,506 | €5,011 | +€14,517 |
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 19 October 2026 via checked.be.