ALTRA MENTE: 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 MENTE
Largest movements
- Current investments +€60,218
up €60,218 (+151%), from €40,000 to €100,218
- Cash -€30,337
down €30,337 (-90.4%), from €33,553 to €3,217
mainly Current investments (-€60,218) and Other debts (-€5,522)
- Receivables within one year -€8,679
down €8,679 (-60.6%), from €14,321 to €5,642
of which Trade receivables: -€11,404
- Tangible fixed assets -€4,111
down €4,111 (-26.4%), from €15,544 to €11,433
- Reserves +€22,474
up €22,474 (+1,208%), from €1,860 to €24,334
of which Distributable reserves: +€22,474
- Other debts -€5,522
down €5,522 (-91.5%), from €6,037 to €515
- Gross operating margin -€12,829
down €12,829 (-24.1%), from €53,328 to €40,499
- Taxes -€1,290
down €1,290 (-9.6%), from €13,395 to €12,105
- Write-downs +€1,065
new in 2025: €1,065
- Depreciation +€1,054
up €1,054 (+25.8%), from €4,090 to €5,145
- Financial income +€1,025
up €1,025 (+10,251,800%), from €0 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.
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 | €106,643 | €123,298 | +€16,655 | +15.6% |
| Fixed assets | 21/28 | €16,185 | €12,033 | -€4,152 | -25.7% |
| Tangible fixed assets | 22/27 | €15,544 | €11,433 | -€4,111 | -26.4% |
| Furniture and vehicles | 24 | €15,544 | €11,433 | -€4,111 | -26.4% |
| Financial fixed assets | 28 | €641 | €600 | -€41 | -6.5% |
| Current assets | 29/58 | €90,458 | €111,265 | +€20,807 | +23.0% |
| Stocks and contracts in progress | 3 | €2,130 | €1,065 | -€1,065 | -50.0% |
| Contracts in progress | 37 | €2,130 | €1,065 | -€1,065 | -50.0% |
| Amounts receivable within one year | 40/41 | €14,321 | €5,642 | -€8,679 | -60.6% |
| Trade receivables | 40 | €11,404 | €0 | -€11,404 | -100% |
| Other amounts receivable | 41 | €2,917 | €5,642 | +€2,725 | +93.4% |
| Current investments | 50/53 | €40,000 | €100,218 | +€60,218 | +151% |
| Cash at bank and in hand | 54/58 | €33,553 | €3,217 | -€30,337 | -90.4% |
| Deferred charges and accrued income | 490/1 | €454 | €1,124 | +€671 | +148% |
| Total equity and liabilities | 10/49 | €106,643 | €123,298 | +€16,655 | +15.6% |
| Equity | 10/15 | €92,789 | €115,263 | +€22,474 | +24.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Contributions outside capital | 11 | €6,200 | - | -€6,200 | |
| Share premium | 1100/10 | €6,200 | - | -€6,200 | |
| Reserves | 13 | €1,860 | €24,334 | +€22,474 | +1,208% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | - | €22,474 | +€22,474 | |
| Profit (loss) carried forward | 14 | €84,729 | €84,729 | = | 0.0% |
| Amounts payable | 17/49 | €13,855 | €8,036 | -€5,819 | -42.0% |
| Amounts payable within one year | 42/48 | €13,855 | €8,036 | -€5,819 | -42.0% |
| Trade debts | 44 | €612 | €723 | +€111 | +18.1% |
| Suppliers | 440/4 | €612 | €723 | +€111 | +18.1% |
| Taxes, remuneration and social security | 45 | €7,205 | €6,798 | -€408 | -5.7% |
| Taxes | 450/3 | €7,205 | €6,798 | -€408 | -5.7% |
| Other amounts payable | 47/48 | €6,037 | €515 | -€5,522 | -91.5% |
| Non-recurring operating income | 76A | €2,950 | - | -€2,950 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,090 | €5,145 | +€1,054 | +25.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €1,065 | +€1,065 | |
| Other operating charges | 640/8 | €1,435 | €636 | -€799 | -55.7% |
| Gross operating margin | 9900 | €53,328 | €40,499 | -€12,829 | -24.1% |
| Operating profit (loss) | 9901 | €47,803 | €33,653 | -€14,150 | -29.6% |
| Financial income | 75/76B | €0 | €1,025 | +€1,025 | +10,251,800% |
| Recurring financial income | 75 | €0 | €1,025 | +€1,025 | +10,251,800% |
| Financial charges | 65/66B | €103 | €99 | -€4 | -4.1% |
| Recurring financial charges | 65 | €103 | €99 | -€4 | -4.1% |
| Profit (loss) for the period before taxes | 9903 | €47,699 | €34,579 | -€13,120 | -27.5% |
| Income taxes | 67/77 | €13,395 | €12,105 | -€1,290 | -9.6% |
| Profit (loss) for the period | 9904 | €34,304 | €22,474 | -€11,830 | -34.5% |
| Profit (loss) for the period to be appropriated | 9905 | €34,304 | €22,474 | -€11,830 | -34.5% |
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 20 October 2026 via checked.be.