ALTOHAUS: 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.
ALTOHAUS
Largest movements
- Tangible fixed assets +€473,397
new in 2025: €473,397
- Deferred charges and accrued income +€6,750
up €6,750 (+60.6%), from €11,130 to €17,880
- Debts after one year +€342,669
new in 2025: €342,669
- Other debts +€142,688
up €142,688 (+149.1%), from €95,712 to €238,400
- Current portion of long-term debt +€13,070
new in 2025: €13,070
- Reserves -€10,927
down €10,927 (-30.2%), from €36,161 to €25,235
- Tax, wage and social debts -€7,313
down €7,313 (-91.3%), from €8,006 to €693
- Financial charges +€6,611
up €6,611 (+638.5%), from €1,035 to €7,647
- Depreciation +€4,707
new in 2025: €4,707
- Gross operating margin -€1,750
down €1,750 (-68.2%), from -€2,566 to -€4,316
- Taxes -€738
down €738 (-100.0%), from €738 to €0
- Other operating charges +€523
up €523 (+104.0%), from €502 to €1,025
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 | €158,838 | €640,177 | +€481,338 | +303.0% |
| Fixed assets | 21/28 | - | €473,397 | +€473,397 | |
| Tangible fixed assets | 22/27 | - | €473,397 | +€473,397 | |
| Land and buildings | 22 | - | €473,397 | +€473,397 | |
| Current assets | 29/58 | €158,838 | €166,779 | +€7,941 | +5.0% |
| Amounts receivable within one year | 40/41 | €138,883 | €141,274 | +€2,391 | +1.7% |
| Trade receivables | 40 | €850 | €953 | +€103 | +12.1% |
| Other amounts receivable | 41 | €138,033 | €140,321 | +€2,287 | +1.7% |
| Cash at bank and in hand | 54/58 | €8,825 | €7,625 | -€1,199 | -13.6% |
| Deferred charges and accrued income | 490/1 | €11,130 | €17,880 | +€6,750 | +60.6% |
| Total equity and liabilities | 10/49 | €158,838 | €640,177 | +€481,338 | +303.0% |
| Equity | 10/15 | €54,761 | €43,835 | -€10,927 | -20.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €36,161 | €25,235 | -€10,927 | -30.2% |
| Distributable reserves | 133 | €36,161 | €25,235 | -€10,927 | -30.2% |
| Amounts payable | 17/49 | €104,077 | €596,342 | +€492,265 | +473.0% |
| Amounts payable after more than one year | 17 | - | €342,669 | +€342,669 | |
| Financial debts | 170/4 | - | €342,669 | +€342,669 | |
| Amounts payable within one year | 42/48 | €104,077 | €253,273 | +€149,197 | +143.4% |
| Current portion of amounts payable after more than one year | 42 | - | €13,070 | +€13,070 | |
| Trade debts | 44 | €359 | €1,111 | +€752 | +209.5% |
| Suppliers | 440/4 | €359 | €1,111 | +€752 | +209.5% |
| Taxes, remuneration and social security | 45 | €8,006 | €693 | -€7,313 | -91.3% |
| Taxes | 450/3 | €8,006 | €693 | -€7,313 | -91.3% |
| Other amounts payable | 47/48 | €95,712 | €238,400 | +€142,688 | +149.1% |
| Accrued charges and deferred income | 492/3 | - | €400 | +€400 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €4,707 | +€4,707 | |
| Other operating charges | 640/8 | €502 | €1,025 | +€523 | +104.0% |
| Gross operating margin | 9900 | -€2,566 | -€4,316 | -€1,750 | -68.2% |
| Operating profit (loss) | 9901 | -€3,068 | -€10,048 | -€6,979 | -227.5% |
| Financial income | 75/76B | €6,821 | €6,768 | -€53 | -0.8% |
| Recurring financial income | 75 | €6,821 | €6,768 | -€53 | -0.8% |
| Financial charges | 65/66B | €1,035 | €7,647 | +€6,611 | +638.5% |
| Recurring financial charges | 65 | €1,035 | €7,647 | +€6,611 | +638.5% |
| Profit (loss) for the period before taxes | 9903 | €2,717 | -€10,927 | -€13,644 | |
| Income taxes | 67/77 | €738 | €0 | -€738 | -100.0% |
| Profit (loss) for the period | 9904 | €1,978 | -€10,927 | -€12,905 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,978 | -€10,927 | -€12,905 |
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 8 October 2026 via checked.be.