ALTO: 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.
ALTO
Largest movements
- Receivables within one year +€12,542
up €12,542 (+4,532%), from €277 to €12,818
of which Trade receivables: +€12,717
- Cash +€10,648
up €10,648 (+111%), from €9,565 to €20,213
mainly Net result for the year (+€17,396) and Tax, wage and social debts (+€3,901)
- Reserves +€17,396
up €17,396 (+1,700%), from €1,023 to €18,419
- Tax, wage and social debts +€3,901
up €3,901 (+72.0%), from €5,420 to €9,320
of which Remuneration and social security: +€2,818
- Trade debts +€1,645
up €1,645 (+125%), from €1,312 to €2,957
- Gross operating margin +€21,358
up €21,358 (+750%), from €2,849 to €24,207
- Taxes +€4,488
up €4,488 (+403%), from €1,112 to €5,601
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €10,388 | €33,526 | +€23,138 | +223% |
| Current assets | 29/58 | €10,388 | €33,526 | +€23,138 | +223% |
| Amounts receivable within one year | 40/41 | €277 | €12,818 | +€12,542 | +4,532% |
| Trade receivables | 40 | - | €12,717 | +€12,717 | |
| Other amounts receivable | 41 | €277 | €101 | -€175 | -63.4% |
| Cash at bank and in hand | 54/58 | €9,565 | €20,213 | +€10,648 | +111% |
| Deferred charges and accrued income | 490/1 | €546 | €494 | -€52 | -9.5% |
| Total equity and liabilities | 10/49 | €10,388 | €33,526 | +€23,138 | +223% |
| Equity | 10/15 | €2,023 | €19,419 | +€17,396 | +860% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €1,023 | €18,419 | +€17,396 | +1,700% |
| Distributable reserves | 133 | €1,023 | €18,419 | +€17,396 | +1,700% |
| Amounts payable | 17/49 | €8,364 | €14,107 | +€5,742 | +68.7% |
| Amounts payable within one year | 42/48 | €8,364 | €14,107 | +€5,742 | +68.7% |
| Trade debts | 44 | €1,312 | €2,957 | +€1,645 | +125% |
| Suppliers | 440/4 | €1,312 | €2,957 | +€1,645 | +125% |
| Taxes, remuneration and social security | 45 | €5,420 | €9,320 | +€3,901 | +72.0% |
| Taxes | 450/3 | €5,420 | €6,502 | +€1,083 | +20.0% |
| Remuneration and social security | 454/9 | - | €2,818 | +€2,818 | |
| Other amounts payable | 47/48 | €1,633 | €1,830 | +€196 | +12.0% |
| Non-recurring operating income | 76A | - | €3,691 | +€3,691 | |
| Other operating charges | 640/8 | €614 | €617 | +€3 | +0.5% |
| Non-recurring operating charges | 66A | - | €330 | +€330 | |
| Gross operating margin | 9900 | €2,849 | €24,207 | +€21,358 | +750% |
| Operating profit (loss) | 9901 | €2,236 | €23,261 | +€21,025 | +940% |
| Financial income | 75/76B | - | €21 | +€21 | |
| Recurring financial income | 75 | - | €21 | +€21 | |
| Financial charges | 65/66B | €100 | €285 | +€185 | +185% |
| Recurring financial charges | 65 | €100 | €285 | +€185 | +185% |
| Profit (loss) for the period before taxes | 9903 | €2,136 | €22,997 | +€20,861 | +977% |
| Income taxes | 67/77 | €1,112 | €5,601 | +€4,488 | +403% |
| Profit (loss) for the period | 9904 | €1,023 | €17,396 | +€16,373 | +1,600% |
| Profit (loss) for the period to be appropriated | 9905 | €1,023 | €17,396 | +€16,373 | +1,600% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.