ALTRNTV: 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.
ALTRNTV
Largest movements
- Stocks and contracts +€21,816
up €21,816 (+70.8%), from €30,816 to €52,632
- Receivables within one year -€17,476
down €17,476 (-73.1%), from €23,920 to €6,445
of which Trade receivables: -€13,303
- Tangible fixed assets -€16,750
down €16,750 (-14.3%), from €117,168 to €100,418
of which Furniture and vehicles: -€12,282
- Cash +€13,458
up €13,458 (+23.4%), from €57,626 to €71,084
mainly Net result for the year (+€41,194) and Debts after one year (+€32,389)
- Intangible fixed assets -€12,057
down €12,057 (-14.0%), from €86,322 to €74,265
- Other debts -€65,619
down €65,619 (-36.7%), from €178,580 to €112,961
- Profit (loss) carried forward +€41,194
up €41,194, from -€8,407 to €32,787
- Debts after one year +€32,389
up €32,389 (+96.3%), from €33,648 to €66,037
- Trade debts -€23,944
down €23,944 (-33.7%), from €70,976 to €47,032
- Tax, wage and social debts +€11,516
up €11,516 (+33.5%), from €34,401 to €45,917
of which Taxes: +€11,880
- Gross operating margin +€32,315
up €32,315 (+13.4%), from €241,108 to €273,422
- Staff costs +€16,141
up €16,141 (+10.0%), from €161,873 to €178,014
- Taxes +€11,697
up €11,697 (+1,004%), from €1,166 to €12,863
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 | €318,296 | €326,225 | +€7,930 | +2.5% |
| Fixed assets | 21/28 | €204,384 | €183,813 | -€20,571 | -10.1% |
| Intangible fixed assets | 21 | €86,322 | €74,265 | -€12,057 | -14.0% |
| Tangible fixed assets | 22/27 | €117,168 | €100,418 | -€16,750 | -14.3% |
| Land and buildings | 22 | €44,474 | €43,248 | -€1,227 | -2.8% |
| Plant, machinery and equipment | 23 | €40,695 | €37,454 | -€3,241 | -8.0% |
| Furniture and vehicles | 24 | €31,999 | €19,717 | -€12,282 | -38.4% |
| Financial fixed assets | 28 | €894 | €9,130 | +€8,236 | +921% |
| Current assets | 29/58 | €113,911 | €142,412 | +€28,501 | +25.0% |
| Stocks and contracts in progress | 3 | €30,816 | €52,632 | +€21,816 | +70.8% |
| Stocks | 30/36 | €30,816 | €52,632 | +€21,816 | +70.8% |
| Amounts receivable within one year | 40/41 | €23,920 | €6,445 | -€17,476 | -73.1% |
| Trade receivables | 40 | €19,462 | €6,159 | -€13,303 | -68.4% |
| Other amounts receivable | 41 | €4,459 | €286 | -€4,173 | -93.6% |
| Cash at bank and in hand | 54/58 | €57,626 | €71,084 | +€13,458 | +23.4% |
| Deferred charges and accrued income | 490/1 | €1,549 | €12,251 | +€10,703 | +691% |
| Total equity and liabilities | 10/49 | €318,296 | €326,225 | +€7,930 | +2.5% |
| Equity | 10/15 | -€5,907 | €35,287 | +€41,194 | |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,407 | €32,787 | +€41,194 | |
| Amounts payable | 17/49 | €324,203 | €290,939 | -€33,264 | -10.3% |
| Amounts payable after more than one year | 17 | €33,648 | €66,037 | +€32,389 | +96.3% |
| Financial debts | 170/4 | €33,648 | €66,037 | +€32,389 | +96.3% |
| Amounts payable within one year | 42/48 | €289,845 | €221,299 | -€68,546 | -23.6% |
| Current portion of amounts payable after more than one year | 42 | €5,889 | €15,390 | +€9,501 | +161% |
| Trade debts | 44 | €70,976 | €47,032 | -€23,944 | -33.7% |
| Suppliers | 440/4 | €70,976 | €47,032 | -€23,944 | -33.7% |
| Taxes, remuneration and social security | 45 | €34,401 | €45,917 | +€11,516 | +33.5% |
| Taxes | 450/3 | €15,850 | €27,729 | +€11,880 | +75.0% |
| Remuneration and social security | 454/9 | €18,551 | €18,188 | -€363 | -2.0% |
| Other amounts payable | 47/48 | €178,580 | €112,961 | -€65,619 | -36.7% |
| Accrued charges and deferred income | 492/3 | €710 | €3,603 | +€2,893 | +408% |
| Non-recurring operating income | 76A | €15,936 | €70,000 | +€54,064 | +339% |
| Remuneration, social security and pensions | 62 | €161,873 | €178,014 | +€16,141 | +10.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,933 | €30,262 | +€329 | +1.1% |
| Other operating charges | 640/8 | €7,116 | €5,904 | -€1,212 | -17.0% |
| Gross operating margin | 9900 | €241,108 | €273,422 | +€32,315 | +13.4% |
| Operating profit (loss) | 9901 | €42,186 | €59,243 | +€17,057 | +40.4% |
| Financial income | 75/76B | €1,397 | €1,691 | +€293 | +21.0% |
| Recurring financial income | 75 | €1,397 | €1,691 | +€293 | +21.0% |
| Financial charges | 65/66B | €5,972 | €6,877 | +€906 | +15.2% |
| Recurring financial charges | 65 | €5,972 | €6,877 | +€906 | +15.2% |
| Profit (loss) for the period before taxes | 9903 | €37,612 | €54,057 | +€16,445 | +43.7% |
| Income taxes | 67/77 | €1,166 | €12,863 | +€11,697 | +1,004% |
| Profit (loss) for the period | 9904 | €36,446 | €41,194 | +€4,747 | +13.0% |
| Profit (loss) for the period to be appropriated | 9905 | €36,446 | €41,194 | +€4,747 | +13.0% |
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 24 October 2026 via checked.be.