ALTRA LINIA: 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.
ALTRA LINIA
Largest movements
- Cash +€110,995
up €110,995 (+61.6%), from €180,322 to €291,317
mainly Net result for the year (+€141,697) and Depreciation (+€64,257)
- Tangible fixed assets -€39,378
down €39,378 (-27.2%), from €144,524 to €105,146
- Receivables within one year -€16,093
down €16,093 (-2.7%), from €585,515 to €569,422
of which Trade receivables: -€19,002
- Reserves +€141,646
up €141,646 (+25.0%), from €566,921 to €708,567
of which Tax-exempt reserves: +€70,846
- Trade debts -€112,706
down €112,706 (-91.0%), from €123,787 to €11,081
- Tax, wage and social debts +€46,794
up €46,794 (+539%), from €8,675 to €55,470
of which Taxes: +€45,934
- Gross operating margin -€30,286
down €30,286 (-7.8%), from €387,038 to €356,752
- Taxes -€11,260
down €11,260 (-15.9%), from €70,605 to €59,346
- Staff costs -€8,196
down €8,196 (-8.7%), from €94,577 to €86,381
- Depreciation -€6,559
down €6,559 (-9.3%), from €70,817 to €64,257
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 | €986,911 | €1,045,606 | +€58,695 | +5.9% |
| Fixed assets | 21/28 | €144,524 | €105,146 | -€39,378 | -27.2% |
| Tangible fixed assets | 22/27 | €144,524 | €105,146 | -€39,378 | -27.2% |
| Land and buildings | 22 | €54,344 | €34,978 | -€19,366 | -35.6% |
| Plant, machinery and equipment | 23 | €49,642 | €41,718 | -€7,924 | -16.0% |
| Furniture and vehicles | 24 | €40,537 | €28,450 | -€12,088 | -29.8% |
| Current assets | 29/58 | €842,387 | €940,460 | +€98,073 | +11.6% |
| Amounts receivable within one year | 40/41 | €585,515 | €569,422 | -€16,093 | -2.7% |
| Trade receivables | 40 | €480,926 | €461,923 | -€19,002 | -4.0% |
| Other amounts receivable | 41 | €104,589 | €107,498 | +€2,909 | +2.8% |
| Current investments | 50/53 | €69,500 | €69,500 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €180,322 | €291,317 | +€110,995 | +61.6% |
| Deferred charges and accrued income | 490/1 | €7,050 | €10,222 | +€3,172 | +45.0% |
| Total equity and liabilities | 10/49 | €986,911 | €1,045,606 | +€58,695 | +5.9% |
| Equity | 10/15 | €614,073 | €755,771 | +€141,697 | +23.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €566,921 | €708,567 | +€141,646 | +25.0% |
| Tax-exempt reserves | 132 | €165,361 | €236,207 | +€70,846 | +42.8% |
| Distributable reserves | 133 | €401,560 | €472,360 | +€70,800 | +17.6% |
| Profit (loss) carried forward | 14 | €28,552 | €28,604 | +€51 | +0.2% |
| Amounts payable | 17/49 | €372,837 | €289,835 | -€83,002 | -22.3% |
| Amounts payable after more than one year | 17 | €18,592 | €8,235 | -€10,357 | -55.7% |
| Financial debts | 170/4 | €18,592 | €8,235 | -€10,357 | -55.7% |
| Amounts payable within one year | 42/48 | €354,246 | €281,600 | -€72,645 | -20.5% |
| Current portion of amounts payable after more than one year | 42 | €16,091 | €10,357 | -€5,734 | -35.6% |
| Trade debts | 44 | €123,787 | €11,081 | -€112,706 | -91.0% |
| Suppliers | 440/4 | €123,787 | €11,081 | -€112,706 | -91.0% |
| Taxes, remuneration and social security | 45 | €8,675 | €55,470 | +€46,794 | +539% |
| Taxes | 450/3 | €5,048 | €50,982 | +€45,934 | +910% |
| Remuneration and social security | 454/9 | €3,627 | €4,488 | +€860 | +23.7% |
| Other amounts payable | 47/48 | €205,692 | €204,692 | -€1,000 | -0.5% |
| Remuneration, social security and pensions | 62 | €94,577 | €86,381 | -€8,196 | -8.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €70,817 | €64,257 | -€6,559 | -9.3% |
| Other operating charges | 640/8 | €2,417 | €4,550 | +€2,133 | +88.2% |
| Gross operating margin | 9900 | €387,038 | €356,752 | -€30,286 | -7.8% |
| Operating profit (loss) | 9901 | €219,227 | €201,564 | -€17,663 | -8.1% |
| Financial income | 75/76B | €2,580 | €1,910 | -€670 | -26.0% |
| Recurring financial income | 75 | €2,580 | €1,910 | -€670 | -26.0% |
| Financial charges | 65/66B | €3,757 | €2,432 | -€1,326 | -35.3% |
| Recurring financial charges | 65 | €3,757 | €2,432 | -€1,326 | -35.3% |
| Profit (loss) for the period before taxes | 9903 | €218,050 | €201,043 | -€17,007 | -7.8% |
| Income taxes | 67/77 | €70,605 | €59,346 | -€11,260 | -15.9% |
| Profit (loss) for the period | 9904 | €147,445 | €141,697 | -€5,748 | -3.9% |
| Transfer to tax-exempt reserves | 689 | €82,652 | €70,846 | -€11,806 | -14.3% |
| Profit (loss) for the period to be appropriated | 9905 | €64,792 | €70,851 | +€6,059 | +9.4% |
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 22 October 2026 via checked.be.