ALTO OUTLET: 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 OUTLET
Largest movements
- Cash -€21,879
down €21,879 (-38.1%), from €57,459 to €35,580
mainly Trade debts (-€74,700) and Contributions, distributions and other (-€68,000)
- Stocks and contracts -€21,076
down €21,076 (-12.2%), from €172,967 to €151,891
- Tangible fixed assets -€5,235
down €5,235 (-17.5%), from €29,944 to €24,708
of which Furniture and vehicles: -€3,834
- Trade debts -€74,700
down €74,700 (-85.5%), from €87,393 to €12,693
- Profit (loss) carried forward +€25,821
up €25,821 (+20.2%), from €128,059 to €153,880
- Tax, wage and social debts -€14,814
down €14,814 (-32.9%), from €45,030 to €30,217
of which Taxes: -€10,314
- Other debts +€13,777
up €13,777 (+25.4%), from €54,223 to €68,000
- Staff costs -€38,218
down €38,218 (-63.3%), from €60,369 to €22,150
- Other operating charges +€3,832
up €3,832 (+221%), from €1,731 to €5,563
- Gross operating margin -€2,514
down €2,514 (-1.9%), from €133,326 to €130,812
- Financial income +€2,434
up €2,434 (+34.4%), from €7,076 to €9,511
- Taxes +€2,418
up €2,418 (+45.7%), from €5,291 to €7,709
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 | €349,206 | €299,290 | -€49,915 | -14.3% |
| Fixed assets | 21/28 | €34,411 | €27,808 | -€6,603 | -19.2% |
| Intangible fixed assets | 21 | €3,698 | €2,330 | -€1,368 | -37.0% |
| Tangible fixed assets | 22/27 | €29,944 | €24,708 | -€5,235 | -17.5% |
| Land and buildings | 22 | €3,930 | €3,222 | -€708 | -18.0% |
| Furniture and vehicles | 24 | €14,401 | €10,567 | -€3,834 | -26.6% |
| Other tangible fixed assets | 26 | €11,613 | €10,919 | -€694 | -6.0% |
| Financial fixed assets | 28 | €770 | €770 | = | 0.0% |
| Current assets | 29/58 | €314,795 | €271,482 | -€43,312 | -13.8% |
| Stocks and contracts in progress | 3 | €172,967 | €151,891 | -€21,076 | -12.2% |
| Stocks | 30/36 | €172,967 | €151,891 | -€21,076 | -12.2% |
| Amounts receivable within one year | 40/41 | €78,835 | €81,133 | +€2,298 | +2.9% |
| Trade receivables | 40 | €70,901 | €73,132 | +€2,231 | +3.1% |
| Other amounts receivable | 41 | €7,934 | €8,001 | +€67 | +0.8% |
| Cash at bank and in hand | 54/58 | €57,459 | €35,580 | -€21,879 | -38.1% |
| Deferred charges and accrued income | 490/1 | €5,533 | €2,878 | -€2,655 | -48.0% |
| Total equity and liabilities | 10/49 | €349,206 | €299,290 | -€49,915 | -14.3% |
| Equity | 10/15 | €161,059 | €186,880 | +€25,821 | +16.0% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €3,000 | €3,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,000 | €3,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €128,059 | €153,880 | +€25,821 | +20.2% |
| Investment grants | 15 | €0 | - | = | |
| Amounts payable | 17/49 | €188,147 | €112,410 | -€75,737 | -40.3% |
| Amounts payable within one year | 42/48 | €186,647 | €110,910 | -€75,737 | -40.6% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €87,393 | €12,693 | -€74,700 | -85.5% |
| Suppliers | 440/4 | €87,393 | €12,693 | -€74,700 | -85.5% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €45,030 | €30,217 | -€14,814 | -32.9% |
| Taxes | 450/3 | €37,852 | €27,538 | -€10,314 | -27.2% |
| Remuneration and social security | 454/9 | €7,178 | €2,678 | -€4,500 | -62.7% |
| Other amounts payable | 47/48 | €54,223 | €68,000 | +€13,777 | +25.4% |
| Accrued charges and deferred income | 492/3 | €1,500 | €1,500 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €60,369 | €22,150 | -€38,218 | -63.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,698 | €8,724 | +€1,026 | +13.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €1,731 | €5,563 | +€3,832 | +221% |
| Gross operating margin | 9900 | €133,326 | €130,812 | -€2,514 | -1.9% |
| Operating profit (loss) | 9901 | €63,528 | €94,375 | +€30,847 | +48.6% |
| Financial income | 75/76B | €7,076 | €9,511 | +€2,434 | +34.4% |
| Recurring financial income | 75 | €7,076 | €9,511 | +€2,434 | +34.4% |
| Financial charges | 65/66B | €4,099 | €2,356 | -€1,743 | -42.5% |
| Recurring financial charges | 65 | €4,099 | €2,356 | -€1,743 | -42.5% |
| Profit (loss) for the period before taxes | 9903 | €66,506 | €101,530 | +€35,024 | +52.7% |
| Income taxes | 67/77 | €5,291 | €7,709 | +€2,418 | +45.7% |
| Profit (loss) for the period | 9904 | €61,215 | €93,821 | +€32,606 | +53.3% |
| Profit (loss) for the period to be appropriated | 9905 | €61,215 | €93,821 | +€32,606 | +53.3% |
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 29 October 2026 via checked.be.