Altoda: 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.
Altoda
Largest movements
- Receivables within one year +€33,638
up €33,638 (+67.1%), from €50,151 to €83,788
of which Trade receivables: +€26,094
- Stocks and contracts +€18,140
up €18,140 (+90.3%), from €20,088 to €38,228
of which Contracts in progress: +€18,642
- Cash -€1,297
down €1,297 (-83.9%), from €1,547 to €250
mainly Receivables within one year (-€33,638) and Stocks and contracts (-€18,140)
- Trade debts +€33,227
up €33,227 (+126%), from €26,358 to €59,584
- Profit (loss) carried forward +€8,676
up €8,676 (+66.2%), from €13,102 to €21,778
- Advances received +€6,907
new in 2025: €6,907
- Taxes -€15,835
down €15,835 (-81.6%), from €19,398 to €3,563
- Gross operating margin -€14,571
down €14,571 (-37.8%), from €38,542 to €23,972
- Other operating charges -€5,442
down €5,442 (-51.8%), from €10,509 to €5,066
- Financial charges -€1,918
down €1,918 (-32.5%), from €5,909 to €3,990
- Depreciation +€757
up €757 (+39.4%), from €1,919 to €2,676
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 | €76,874 | €125,815 | +€48,941 | +63.7% |
| Formation expenses | 20 | €440 | €0 | -€440 | -100% |
| Fixed assets | 21/28 | €4,492 | €3,340 | -€1,152 | -25.7% |
| Tangible fixed assets | 22/27 | €4,492 | €3,340 | -€1,152 | -25.7% |
| Furniture and vehicles | 24 | €4,492 | €3,340 | -€1,152 | -25.7% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €71,942 | €122,476 | +€50,534 | +70.2% |
| Stocks and contracts in progress | 3 | €20,088 | €38,228 | +€18,140 | +90.3% |
| Stocks | 30/36 | €20,088 | €19,586 | -€502 | -2.5% |
| Contracts in progress | 37 | - | €18,642 | +€18,642 | |
| Amounts receivable within one year | 40/41 | €50,151 | €83,788 | +€33,638 | +67.1% |
| Trade receivables | 40 | €47,565 | €73,659 | +€26,094 | +54.9% |
| Other amounts receivable | 41 | €2,586 | €10,130 | +€7,544 | +292% |
| Cash at bank and in hand | 54/58 | €1,547 | €250 | -€1,297 | -83.9% |
| Deferred charges and accrued income | 490/1 | €156 | €209 | +€53 | +34.2% |
| Total equity and liabilities | 10/49 | €76,874 | €125,815 | +€48,941 | +63.7% |
| Equity | 10/15 | €20,602 | €29,278 | +€8,676 | +42.1% |
| Contributions | 10/11 | €7,500 | €7,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,102 | €21,778 | +€8,676 | +66.2% |
| Amounts payable | 17/49 | €56,272 | €96,537 | +€40,265 | +71.6% |
| Amounts payable within one year | 42/48 | €56,272 | €96,537 | +€40,265 | +71.6% |
| Trade debts | 44 | €26,358 | €59,584 | +€33,227 | +126% |
| Suppliers | 440/4 | €26,358 | €59,584 | +€33,227 | +126% |
| Advances received on contracts in progress | 46 | - | €6,907 | +€6,907 | |
| Taxes, remuneration and social security | 45 | €7,149 | €7,876 | +€728 | +10.2% |
| Taxes | 450/3 | €7,149 | €7,876 | +€728 | +10.2% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €22,766 | €22,170 | -€596 | -2.6% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,919 | €2,676 | +€757 | +39.4% |
| Other operating charges | 640/8 | €10,509 | €5,066 | -€5,442 | -51.8% |
| Gross operating margin | 9900 | €38,542 | €23,972 | -€14,571 | -37.8% |
| Operating profit (loss) | 9901 | €26,114 | €16,229 | -€9,885 | -37.9% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €5,909 | €3,990 | -€1,918 | -32.5% |
| Recurring financial charges | 65 | €5,909 | €3,990 | -€1,918 | -32.5% |
| Profit (loss) for the period before taxes | 9903 | €20,206 | €12,239 | -€7,967 | -39.4% |
| Income taxes | 67/77 | €19,398 | €3,563 | -€15,835 | -81.6% |
| Profit (loss) for the period | 9904 | €808 | €8,676 | +€7,868 | +974% |
| Profit (loss) for the period to be appropriated | 9905 | €808 | €8,676 | +€7,868 | +974% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.