Alto Immo: what changed
Two fiscal 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 Immo
Largest movements
- Tangible fixed assets -€12,310
down €12,310 (-4.7%), from €264,585 to €252,275
- Receivables within one year +€8,420
new in 2025: €8,420
- Debts after one year -€41,808
down €41,808 (-14.4%), from €289,601 to €247,793
of which Financial debts: -€36,308
- Profit (loss) carried forward +€17,907
up €17,907 (+53.2%), from -€33,642 to -€15,735
- Current portion of long-term debt +€12,641
up €12,641 (+107.6%), from €11,745 to €24,386
- Trade debts +€8,420
new in 2025: €8,420
- Other operating charges -€33,432
down €33,432 (-79.0%), from €42,318 to €8,886
- Gross operating margin +€29,705
up €29,705 (+167.0%), from €17,792 to €47,496
- Depreciation +€6,895
up €6,895 (+127.4%), from €5,415 to €12,310
- Financial charges +€4,692
up €4,692 (+126.8%), from €3,702 to €8,394
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €277,704 | €274,864 | -€2,840 | -1.0% |
| Fixed assets | 21/28 | €264,585 | €252,275 | -€12,310 | -4.7% |
| Tangible fixed assets | 22/27 | €264,585 | €252,275 | -€12,310 | -4.7% |
| Land and buildings | 22 | €264,585 | €252,275 | -€12,310 | -4.7% |
| Current assets | 29/58 | €13,118 | €22,588 | +€9,470 | +72.2% |
| Amounts receivable within one year | 40/41 | - | €8,420 | +€8,420 | |
| Trade receivables | 40 | - | €8,420 | +€8,420 | |
| Cash at bank and in hand | 54/58 | €13,118 | €14,168 | +€1,050 | +8.0% |
| Total equity and liabilities | 10/49 | €277,704 | €274,864 | -€2,840 | -1.0% |
| Equity | 10/15 | -€23,642 | -€5,735 | +€17,907 | +75.7% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€33,642 | -€15,735 | +€17,907 | +53.2% |
| Amounts payable | 17/49 | €301,346 | €280,599 | -€20,747 | -6.9% |
| Amounts payable after more than one year | 17 | €289,601 | €247,793 | -€41,808 | -14.4% |
| Financial debts | 170/4 | €278,601 | €242,293 | -€36,308 | -13.0% |
| Other amounts payable | 178/9 | €11,000 | €5,500 | -€5,500 | -50.0% |
| Amounts payable within one year | 42/48 | €11,745 | €32,806 | +€21,061 | +179.3% |
| Current portion of amounts payable after more than one year | 42 | €11,745 | €24,386 | +€12,641 | +107.6% |
| Trade debts | 44 | - | €8,420 | +€8,420 | |
| Suppliers | 440/4 | - | €8,420 | +€8,420 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,415 | €12,310 | +€6,895 | +127.4% |
| Other operating charges | 640/8 | €42,318 | €8,886 | -€33,432 | -79.0% |
| Gross operating margin | 9900 | €17,792 | €47,496 | +€29,705 | +167.0% |
| Operating profit (loss) | 9901 | -€29,941 | €26,301 | +€56,241 | |
| Financial charges | 65/66B | €3,702 | €8,394 | +€4,692 | +126.8% |
| Recurring financial charges | 65 | €3,702 | €8,394 | +€4,692 | +126.8% |
| Profit (loss) for the period before taxes | 9903 | -€33,642 | €17,907 | +€51,549 | |
| Profit (loss) for the period | 9904 | -€33,642 | €17,907 | +€51,549 | |
| Profit (loss) for the period to be appropriated | 9905 | -€33,642 | €17,907 | +€51,549 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.