ALTO CONSULT: 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 CONSULT
Largest movements
- Receivables within one year -€22,133
down €22,133 (-37.2%), from €59,461 to €37,329
of which Other amounts receivable: -€11,087
- Cash +€9,610
up €9,610 (+40.7%), from €23,606 to €33,216
mainly Depreciation (+€26,885) and Tax, wage and social debts (+€25,977)
- Debts after one year -€37,658
down €37,658 (-11.2%), from €335,871 to €298,213
- Tax, wage and social debts +€25,977
up €25,977 (+72.3%), from €35,912 to €61,889
of which Remuneration and social security: +€25,000
- Profit (loss) carried forward +€11,471
up €11,471 (+7.2%), from -€160,370 to -€148,899
- Trade debts -€8,227
down €8,227 (-75.3%), from €10,923 to €2,696
- Gross operating margin +€34,043
up €34,043 (+201%), from €16,900 to €50,942
- Financial income -€6,471
down €6,471 (-99.2%), from €6,520 to €50
- Depreciation +€4,040
up €4,040 (+17.7%), from €22,845 to €26,885
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 | €563,707 | €554,948 | -€8,759 | -1.6% |
| Fixed assets | 21/28 | €480,640 | €482,773 | +€2,133 | +0.4% |
| Tangible fixed assets | 22/27 | €480,640 | €482,773 | +€2,133 | +0.4% |
| Land and buildings | 22 | €471,461 | €452,033 | -€19,429 | -4.1% |
| Plant, machinery and equipment | 23 | €7,994 | €21,338 | +€13,345 | +167% |
| Furniture and vehicles | 24 | €1,185 | €9,402 | +€8,217 | +694% |
| Current assets | 29/58 | €83,067 | €72,176 | -€10,892 | -13.1% |
| Amounts receivable within one year | 40/41 | €59,461 | €37,329 | -€22,133 | -37.2% |
| Trade receivables | 40 | €33,300 | €22,254 | -€11,046 | -33.2% |
| Other amounts receivable | 41 | €26,161 | €15,075 | -€11,087 | -42.4% |
| Cash at bank and in hand | 54/58 | €23,606 | €33,216 | +€9,610 | +40.7% |
| Deferred charges and accrued income | 490/1 | - | €1,631 | +€1,631 | |
| Total equity and liabilities | 10/49 | €563,707 | €554,948 | -€8,759 | -1.6% |
| Equity | 10/15 | -€140,105 | -€128,633 | +€11,471 | +8.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €14,065 | €14,065 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €7,400 | €7,400 | = | 0.0% |
| Distributable reserves | 133 | €6,665 | €6,665 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€160,370 | -€148,899 | +€11,471 | +7.2% |
| Amounts payable | 17/49 | €703,812 | €683,582 | -€20,231 | -2.9% |
| Amounts payable after more than one year | 17 | €335,871 | €298,213 | -€37,658 | -11.2% |
| Financial debts | 170/4 | €335,871 | €298,213 | -€37,658 | -11.2% |
| Amounts payable within one year | 42/48 | €367,496 | €384,966 | +€17,469 | +4.8% |
| Current portion of amounts payable after more than one year | 42 | €39,266 | €39,968 | +€701 | +1.8% |
| Trade debts | 44 | €10,923 | €2,696 | -€8,227 | -75.3% |
| Suppliers | 440/4 | €10,923 | €2,696 | -€8,227 | -75.3% |
| Taxes, remuneration and social security | 45 | €35,912 | €61,889 | +€25,977 | +72.3% |
| Taxes | 450/3 | €35,912 | €36,889 | +€977 | +2.7% |
| Remuneration and social security | 454/9 | €0 | €25,000 | +€25,000 | |
| Other amounts payable | 47/48 | €281,394 | €280,412 | -€982 | -0.3% |
| Accrued charges and deferred income | 492/3 | €445 | €403 | -€42 | -9.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,845 | €26,885 | +€4,040 | +17.7% |
| Other operating charges | 640/8 | €3,804 | €4,064 | +€260 | +6.8% |
| Gross operating margin | 9900 | €16,900 | €50,942 | +€34,043 | +201% |
| Operating profit (loss) | 9901 | -€9,749 | €19,994 | +€29,742 | |
| Financial income | 75/76B | €6,520 | €50 | -€6,471 | -99.2% |
| Recurring financial income | 75 | €6,520 | €50 | -€6,471 | -99.2% |
| Financial charges | 65/66B | €8,511 | €8,086 | -€425 | -5.0% |
| Recurring financial charges | 65 | €8,511 | €8,086 | -€425 | -5.0% |
| Profit (loss) for the period before taxes | 9903 | -€11,739 | €11,958 | +€23,697 | |
| Income taxes | 67/77 | €516 | €487 | -€29 | -5.7% |
| Profit (loss) for the period | 9904 | -€12,255 | €11,471 | +€23,727 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,255 | €11,471 | +€23,727 |
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 23 October 2026 via checked.be.