ALTROLUX: what changed
Two fiscal 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.
ALTROLUX
Largest movements
- Formation expenses -€10,919
down €10,919 (-45.1%), from €24,231 to €13,313
- Receivables within one year -€10,769
down €10,769 (-19.9%), from €54,089 to €43,320
of which Other amounts receivable: -€11,891
- Stocks and contracts -€4,753
down €4,753 (-10.0%), from €47,535 to €42,781
- Profit (loss) carried forward -€46,585
down €46,585 (-84.8%), from €54,937 to €8,352
- Debts after one year +€21,603
up €21,603 (+78.7%), from €27,460 to €49,063
of which Financial debts: +€21,603
- Trade debts -€18,213
down €18,213 (-39.3%), from €46,383 to €28,170
- Current portion of long-term debt +€13,100
up €13,100 (+183.8%), from €7,128 to €20,228
- Other debts +€2,666
up €2,666 (+29.4%), from €9,078 to €11,744
- Gross operating margin -€65,776
down €65,776, from €60,386 to -€5,390
- Other operating charges -€9,537
down €9,537 (-94.8%), from €10,055 to €518
- Depreciation +€4,982
up €4,982 (+16.3%), from €30,582 to €35,564
- Taxes -€3,053
no longer reported in 2025 (was €3,053)
- Financial charges +€2,168
up €2,168 (+64.1%), from €3,385 to €5,553
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.
Cash bridge derived
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 | €179,437 | €154,599 | -€24,837 | -13.8% |
| Formation expenses | 20 | €24,231 | €13,313 | -€10,919 | -45.1% |
| Fixed assets | 21/28 | €44,144 | €44,704 | +€560 | +1.3% |
| Tangible fixed assets | 22/27 | €43,064 | €43,624 | +€560 | +1.3% |
| Plant, machinery and equipment | 23 | €34,853 | €36,355 | +€1,502 | +4.3% |
| Furniture and vehicles | 24 | €8,211 | €7,269 | -€942 | -11.5% |
| Financial fixed assets | 28 | €1,080 | €1,080 | = | 0.0% |
| Current assets | 29/58 | €111,061 | €96,583 | -€14,479 | -13.0% |
| Stocks and contracts in progress | 3 | €47,535 | €42,781 | -€4,753 | -10.0% |
| Stocks | 30/36 | €47,535 | €42,781 | -€4,753 | -10.0% |
| Amounts receivable within one year | 40/41 | €54,089 | €43,320 | -€10,769 | -19.9% |
| Trade receivables | 40 | €41,297 | €42,420 | +€1,122 | +2.7% |
| Other amounts receivable | 41 | €12,791 | €900 | -€11,891 | -93.0% |
| Cash at bank and in hand | 54/58 | €9,438 | €10,482 | +€1,044 | +11.1% |
| Total equity and liabilities | 10/49 | €179,437 | €154,599 | -€24,837 | -13.8% |
| Equity | 10/15 | €75,397 | €28,812 | -€46,585 | -61.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Other | 1319 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €54,937 | €8,352 | -€46,585 | -84.8% |
| Amounts payable | 17/49 | €104,039 | €125,787 | +€21,748 | +20.9% |
| Amounts payable after more than one year | 17 | €27,460 | €49,063 | +€21,603 | +78.7% |
| Financial debts | 170/4 | €16,460 | €38,063 | +€21,603 | +131.2% |
| Advances received on contracts in progress | 176 | €11,000 | €11,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €76,579 | €76,724 | +€145 | +0.2% |
| Current portion of amounts payable after more than one year | 42 | €7,128 | €20,228 | +€13,100 | +183.8% |
| Trade debts | 44 | €46,383 | €28,170 | -€18,213 | -39.3% |
| Suppliers | 440/4 | €46,383 | €28,170 | -€18,213 | -39.3% |
| Taxes, remuneration and social security | 45 | €13,991 | €16,583 | +€2,592 | +18.5% |
| Taxes | 450/3 | €13,483 | €16,583 | +€3,100 | +23.0% |
| Remuneration and social security | 454/9 | €508 | - | -€508 | |
| Other amounts payable | 47/48 | €9,078 | €11,744 | +€2,666 | +29.4% |
| Remuneration, social security and pensions | 62 | €33 | -€440 | -€474 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,582 | €35,564 | +€4,982 | +16.3% |
| Other operating charges | 640/8 | €10,055 | €518 | -€9,537 | -94.8% |
| Non-recurring operating charges | 66A | €338 | - | -€338 | |
| Gross operating margin | 9900 | €60,386 | -€5,390 | -€65,776 | |
| Operating profit (loss) | 9901 | €19,378 | -€41,032 | -€60,410 | |
| Financial charges | 65/66B | €3,385 | €5,553 | +€2,168 | +64.1% |
| Recurring financial charges | 65 | €3,385 | €5,553 | +€2,168 | +64.1% |
| Profit (loss) for the period before taxes | 9903 | €15,993 | -€46,585 | -€62,578 | |
| Income taxes | 67/77 | €3,053 | - | -€3,053 | |
| Profit (loss) for the period | 9904 | €12,940 | -€46,585 | -€59,525 | |
| Profit (loss) for the period to be appropriated | 9905 | €12,940 | -€46,585 | -€59,525 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.