ALTRAFINCO: what changed
ALTRAFINCO
Largest movements
- Receivables within one year +€15,400
up €15,400 (+5,540%), from €278 to €15,678
of which Other amounts receivable: +€15,231
- Tangible fixed assets -€8,099
down €8,099 (-10.6%), from €76,565 to €68,466
of which Land and buildings: -€4,339
- Stocks and contracts -€5,195
down €5,195 (-13.4%), from €38,673 to €33,478
- Cash -€4,527
no longer reported in 2026 (was €4,527)
mainly Receivables within one year (-€15,400) and Investment in fixed assets (net) (-€2,117)
- Advances received -€1,418
no longer reported in 2026 (was €1,418)
- Purchases and services +€13,644
up €13,644 (+14.0%), from €97,423 to €111,067
- Turnover +€9,612
up €9,612 (+8.1%), from €118,632 to €128,244
- Gross operating margin -€4,033
down €4,033 (-19.0%), from €21,209 to €17,176
- Write-downs +€1,300
up €1,300 (+25.0%), from €5,200 to €6,500
Change in the result, 2025 to 2026
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2025 and 2026 balance sheets and the 2026 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €120,582 | €118,161 | -€2,421 | -2.0% |
| Fixed assets | 21/28 | €77,104 | €69,005 | -€8,099 | -10.5% |
| Tangible fixed assets | 22/27 | €76,565 | €68,466 | -€8,099 | -10.6% |
| Land and buildings | 22 | €58,888 | €54,549 | -€4,339 | -7.4% |
| Plant, machinery and equipment | 23 | €15,875 | €12,503 | -€3,372 | -21.2% |
| Furniture and vehicles | 24 | €1,802 | €1,414 | -€388 | -21.5% |
| Financial fixed assets | 28 | €539 | €539 | = | 0.0% |
| Current assets | 29/58 | €43,478 | €49,156 | +€5,678 | +13.1% |
| Stocks and contracts in progress | 3 | €38,673 | €33,478 | -€5,195 | -13.4% |
| Stocks | 30/36 | €38,673 | €33,478 | -€5,195 | -13.4% |
| Amounts receivable within one year | 40/41 | €278 | €15,678 | +€15,400 | +5,540% |
| Trade receivables | 40 | - | €169 | +€169 | |
| Other amounts receivable | 41 | €278 | €15,509 | +€15,231 | +5,479% |
| Cash at bank and in hand | 54/58 | €4,527 | - | -€4,527 | |
| Total equity and liabilities | 10/49 | €120,582 | €118,161 | -€2,421 | -2.0% |
| Equity | 10/15 | €117,244 | €116,997 | -€247 | -0.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €16,860 | €16,860 | = | 0.0% |
| 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 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €94,184 | €93,937 | -€247 | -0.3% |
| Amounts payable | 17/49 | €3,338 | €1,164 | -€2,174 | -65.1% |
| Amounts payable within one year | 42/48 | €3,338 | €1,164 | -€2,174 | -65.1% |
| Trade debts | 44 | €808 | €24 | -€784 | -97.0% |
| Suppliers | 440/4 | €808 | €24 | -€784 | -97.0% |
| Advances received on contracts in progress | 46 | €1,418 | - | -€1,418 | |
| Taxes, remuneration and social security | 45 | €1,112 | €1,140 | +€28 | +2.5% |
| Taxes | 450/3 | €1,112 | €1,140 | +€28 | +2.5% |
| Turnover | 70 | €118,632 | €128,244 | +€9,612 | +8.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €97,423 | €111,067 | +€13,644 | +14.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,047 | €10,216 | +€169 | +1.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €5,200 | €6,500 | +€1,300 | +25.0% |
| Other operating charges | 640/8 | €407 | €442 | +€35 | +8.6% |
| Gross operating margin | 9900 | €21,209 | €17,176 | -€4,033 | -19.0% |
| Operating profit (loss) | 9901 | €5,555 | €18 | -€5,537 | -99.7% |
| Financial income | 75/76B | - | €30 | +€30 | |
| Recurring financial income | 75 | - | €30 | +€30 | |
| Financial charges | 65/66B | €242 | €295 | +€53 | +21.9% |
| Recurring financial charges | 65 | €229 | €295 | +€66 | +28.8% |
| Non-recurring financial charges | 66B | €13 | - | -€13 | |
| Profit (loss) for the period before taxes | 9903 | €5,313 | -€247 | -€5,560 | |
| Profit (loss) for the period | 9904 | €5,313 | -€247 | -€5,560 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,313 | -€247 | -€5,560 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.