ALTRON: 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.
ALTRON
Largest movements
- Tangible fixed assets -€19,344
down €19,344 (-10.2%), from €189,411 to €170,067
of which Furniture and vehicles: -€23,441
- Cash -€8,100
down €8,100 (-18.7%), from €43,293 to €35,193
mainly Other debts (-€38,521) and Contributions, distributions and other (-€26,949)
- Receivables within one year +€3,210
up €3,210 (+17.5%), from €18,311 to €21,521
of which Trade receivables: +€1,808
- Other debts -€38,521
down €38,521 (-40.2%), from €95,905 to €57,385
- Profit (loss) carried forward +€26,949
up €26,949, from €0 to €26,949
- Debts after one year -€10,280
down €10,280 (-16.3%), from €62,990 to €52,710
- Tax, wage and social debts -€5,815
down €5,815 (-37.3%), from €15,593 to €9,779
- Accrued charges and deferred income +€4,422
up €4,422 (+551%), from €802 to €5,224
- Depreciation +€6,345
up €6,345 (+23.7%), from €26,810 to €33,155
- Financial charges +€3,659
up €3,659 (+187%), from €1,957 to €5,617
- Taxes -€2,015
down €2,015 (-12.2%), from €16,451 to €14,437
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 | €257,208 | €233,385 | -€23,824 | -9.3% |
| Fixed assets | 21/28 | €189,411 | €170,067 | -€19,344 | -10.2% |
| Tangible fixed assets | 22/27 | €189,411 | €170,067 | -€19,344 | -10.2% |
| Land and buildings | 22 | €97,970 | €89,374 | -€8,596 | -8.8% |
| Plant, machinery and equipment | 23 | €0 | €12,693 | +€12,693 | |
| Furniture and vehicles | 24 | €91,442 | €68,000 | -€23,441 | -25.6% |
| Current assets | 29/58 | €67,797 | €63,318 | -€4,480 | -6.6% |
| Amounts receivable within one year | 40/41 | €18,311 | €21,521 | +€3,210 | +17.5% |
| Trade receivables | 40 | €18,150 | €19,958 | +€1,808 | +10.0% |
| Other amounts receivable | 41 | €161 | €1,563 | +€1,402 | +869% |
| Cash at bank and in hand | 54/58 | €43,293 | €35,193 | -€8,100 | -18.7% |
| Deferred charges and accrued income | 490/1 | €6,193 | €6,603 | +€410 | +6.6% |
| Total equity and liabilities | 10/49 | €257,208 | €233,385 | -€23,824 | -9.3% |
| Equity | 10/15 | €70,554 | €97,504 | +€26,949 | +38.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €51,954 | €51,954 | = | 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 | €50,094 | €50,094 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €26,949 | +€26,949 | |
| Amounts payable | 17/49 | €186,654 | €135,881 | -€50,773 | -27.2% |
| Amounts payable after more than one year | 17 | €62,990 | €52,710 | -€10,280 | -16.3% |
| Financial debts | 170/4 | €62,990 | €52,710 | -€10,280 | -16.3% |
| Amounts payable within one year | 42/48 | €122,862 | €77,947 | -€44,915 | -36.6% |
| Current portion of amounts payable after more than one year | 42 | €10,135 | €10,280 | +€144 | +1.4% |
| Trade debts | 44 | €1,228 | €504 | -€724 | -59.0% |
| Suppliers | 440/4 | €1,228 | €504 | -€724 | -59.0% |
| Taxes, remuneration and social security | 45 | €15,593 | €9,779 | -€5,815 | -37.3% |
| Taxes | 450/3 | €15,593 | €9,779 | -€5,815 | -37.3% |
| Other amounts payable | 47/48 | €95,905 | €57,385 | -€38,521 | -40.2% |
| Accrued charges and deferred income | 492/3 | €802 | €5,224 | +€4,422 | +551% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,810 | €33,155 | +€6,345 | +23.7% |
| Other operating charges | 640/8 | €850 | €1,232 | +€382 | +44.9% |
| Gross operating margin | 9900 | €109,237 | €108,339 | -€899 | -0.8% |
| Operating profit (loss) | 9901 | €81,577 | €73,952 | -€7,625 | -9.3% |
| Financial income | 75/76B | €1 | €0 | -€1 | -100% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -100% |
| Financial charges | 65/66B | €1,957 | €5,617 | +€3,659 | +187% |
| Recurring financial charges | 65 | €1,957 | €5,617 | +€3,659 | +187% |
| Profit (loss) for the period before taxes | 9903 | €79,621 | €68,335 | -€11,286 | -14.2% |
| Income taxes | 67/77 | €16,451 | €14,437 | -€2,015 | -12.2% |
| Profit (loss) for the period | 9904 | €63,169 | €53,898 | -€9,271 | -14.7% |
| Profit (loss) for the period to be appropriated | 9905 | €63,169 | €53,898 | -€9,271 | -14.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.