ALTOMER: 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.
ALTOMER
Largest movements
- Current investments +€13,528
up €13,528 (+109%), from €12,409 to €25,937
- Receivables within one year +€6,913
up €6,913 (+77.8%), from €8,885 to €15,799
of which Trade receivables: +€7,555
- Tangible fixed assets -€5,250
down €5,250 (-11.4%), from €45,875 to €40,625
of which Land and buildings: -€6,465
- Reserves +€21,931
up €21,931 (+460%), from €4,764 to €26,696
- Tax, wage and social debts +€10,347
up €10,347 (+512%), from €2,019 to €12,367
of which Taxes: +€9,841
- Other debts -€10,051
down €10,051 (-100%), from €10,051 to €0
- Debts after one year -€7,210
down €7,210 (-13.9%), from €52,024 to €44,814
- Gross operating margin +€28,237
up €28,237 (+167%), from €16,903 to €45,140
- Taxes +€9,863
up €9,863 (+1,214%), from €812 to €10,676
- Depreciation +€724
up €724 (+11.1%), from €6,506 to €7,231
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 | €83,452 | €99,041 | +€15,588 | +18.7% |
| Fixed assets | 21/28 | €46,575 | €41,325 | -€5,250 | -11.3% |
| Tangible fixed assets | 22/27 | €45,875 | €40,625 | -€5,250 | -11.4% |
| Land and buildings | 22 | €44,814 | €38,349 | -€6,465 | -14.4% |
| Plant, machinery and equipment | 23 | €1,061 | €676 | -€385 | -36.3% |
| Furniture and vehicles | 24 | - | €1,601 | +€1,601 | |
| Financial fixed assets | 28 | €700 | €700 | = | 0.0% |
| Current assets | 29/58 | €36,877 | €57,715 | +€20,838 | +56.5% |
| Amounts receivable within one year | 40/41 | €8,885 | €15,799 | +€6,913 | +77.8% |
| Trade receivables | 40 | €7,186 | €14,741 | +€7,555 | +105% |
| Other amounts receivable | 41 | €1,699 | €1,057 | -€642 | -37.8% |
| Current investments | 50/53 | €12,409 | €25,937 | +€13,528 | +109% |
| Cash at bank and in hand | 54/58 | €15,573 | €15,777 | +€204 | +1.3% |
| Deferred charges and accrued income | 490/1 | €10 | €203 | +€193 | +1,968% |
| Total equity and liabilities | 10/49 | €83,452 | €99,041 | +€15,588 | +18.7% |
| Equity | 10/15 | €10,964 | €32,896 | +€21,931 | +200% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €4,764 | €26,696 | +€21,931 | +460% |
| Distributable reserves | 133 | €4,764 | €26,696 | +€21,931 | +460% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €72,488 | €66,145 | -€6,343 | -8.8% |
| Amounts payable after more than one year | 17 | €52,024 | €44,814 | -€7,210 | -13.9% |
| Financial debts | 170/4 | €52,024 | €44,814 | -€7,210 | -13.9% |
| Amounts payable within one year | 42/48 | €19,925 | €20,757 | +€832 | +4.2% |
| Current portion of amounts payable after more than one year | 42 | €6,912 | €7,210 | +€298 | +4.3% |
| Trade debts | 44 | €943 | €1,180 | +€238 | +25.2% |
| Suppliers | 440/4 | €943 | €1,180 | +€238 | +25.2% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €2,019 | €12,367 | +€10,347 | +512% |
| Taxes | 450/3 | €812 | €10,653 | +€9,841 | +1,212% |
| Remuneration and social security | 454/9 | €1,207 | €1,713 | +€506 | +41.9% |
| Other amounts payable | 47/48 | €10,051 | €0 | -€10,051 | -100% |
| Accrued charges and deferred income | 492/3 | €538 | €574 | +€35 | +6.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,506 | €7,231 | +€724 | +11.1% |
| Other operating charges | 640/8 | €1,989 | €2,056 | +€67 | +3.4% |
| Gross operating margin | 9900 | €16,903 | €45,140 | +€28,237 | +167% |
| Operating profit (loss) | 9901 | €8,408 | €35,853 | +€27,445 | +326% |
| Financial income | 75/76B | €73 | €101 | +€29 | +39.4% |
| Recurring financial income | 75 | €73 | €101 | +€29 | +39.4% |
| Financial charges | 65/66B | €3,429 | €3,347 | -€81 | -2.4% |
| Recurring financial charges | 65 | €3,429 | €3,190 | -€239 | -7.0% |
| Non-recurring financial charges | 66B | - | €157 | +€157 | |
| Profit (loss) for the period before taxes | 9903 | €5,052 | €32,607 | +€27,555 | +545% |
| Income taxes | 67/77 | €812 | €10,676 | +€9,863 | +1,214% |
| Profit (loss) for the period | 9904 | €4,240 | €21,931 | +€17,692 | +417% |
| Profit (loss) for the period to be appropriated | 9905 | €4,240 | €21,931 | +€17,692 | +417% |
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 14 October 2026 via checked.be.