ALTRUVIO: 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.
ALTRUVIO
Largest movements
- Stocks and contracts -€44,404
down €44,404 (-81.5%), from €54,500 to €10,095
of which Contracts in progress: -€28,381
- Cash -€14,699
down €14,699 (-83.6%), from €17,588 to €2,890
mainly Trade debts (-€23,541) and Other debts (-€19,997)
- Tangible fixed assets -€7,085
down €7,085 (-35.3%), from €20,073 to €12,987
of which Furniture and vehicles: -€5,044
- Receivables within one year +€2,591
up €2,591 (+10.4%), from €24,855 to €27,445
of which Trade receivables: +€5,994
- Trade debts -€23,541
down €23,541 (-76.7%), from €30,701 to €7,160
- Other debts -€19,997
down €19,997 (-70.9%), from €28,225 to €8,227
- Profit (loss) carried forward -€17,110
down €17,110 (-1,118%), from -€1,531 to -€18,641
- Tax, wage and social debts -€3,734
down €3,734 (-60.3%), from €6,196 to €2,462
of which Taxes: -€2,734
- Gross operating margin -€19,058
down €19,058, from €9,270 to -€9,789
- Taxes -€1,094
down €1,094 (-89.5%), from €1,222 to €128
- Depreciation -€585
down €585 (-7.6%), from €7,671 to €7,085
- Financial charges -€458
down €458 (-91.1%), from €502 to €45
- Financial income +€277
up €277 (+922,933%), from €0 to €277
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €128,892 | €64,509 | -€64,383 | -50.0% |
| Fixed assets | 21/28 | €20,073 | €12,987 | -€7,085 | -35.3% |
| Tangible fixed assets | 22/27 | €20,073 | €12,987 | -€7,085 | -35.3% |
| Land and buildings | 22 | €7,962 | €6,404 | -€1,559 | -19.6% |
| Plant, machinery and equipment | 23 | €873 | €748 | -€125 | -14.3% |
| Furniture and vehicles | 24 | €10,523 | €5,478 | -€5,044 | -47.9% |
| Other tangible fixed assets | 26 | €715 | €357 | -€357 | -50.0% |
| Current assets | 29/58 | €108,819 | €51,522 | -€57,297 | -52.7% |
| Stocks and contracts in progress | 3 | €54,500 | €10,095 | -€44,404 | -81.5% |
| Stocks | 30/36 | €26,119 | €10,095 | -€16,023 | -61.3% |
| Contracts in progress | 37 | €28,381 | - | -€28,381 | |
| Amounts receivable within one year | 40/41 | €24,855 | €27,445 | +€2,591 | +10.4% |
| Trade receivables | 40 | €21,451 | €27,445 | +€5,994 | +27.9% |
| Other amounts receivable | 41 | €3,404 | - | -€3,404 | |
| Cash at bank and in hand | 54/58 | €17,588 | €2,890 | -€14,699 | -83.6% |
| Deferred charges and accrued income | 490/1 | €11,877 | €11,092 | -€785 | -6.6% |
| Total equity and liabilities | 10/49 | €128,892 | €64,509 | -€64,383 | -50.0% |
| Equity | 10/15 | €62,208 | €45,098 | -€17,110 | -27.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €57,539 | €57,539 | = | 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 | €55,679 | €55,679 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,531 | -€18,641 | -€17,110 | -1,118% |
| Amounts payable | 17/49 | €66,684 | €19,411 | -€47,272 | -70.9% |
| Amounts payable within one year | 42/48 | €66,684 | €19,411 | -€47,272 | -70.9% |
| Current portion of amounts payable after more than one year | 42 | €1,563 | €1,563 | = | 0.0% |
| Trade debts | 44 | €30,701 | €7,160 | -€23,541 | -76.7% |
| Suppliers | 440/4 | €30,701 | €7,160 | -€23,541 | -76.7% |
| Taxes, remuneration and social security | 45 | €6,196 | €2,462 | -€3,734 | -60.3% |
| Taxes | 450/3 | €5,196 | €2,462 | -€2,734 | -52.6% |
| Remuneration and social security | 454/9 | €1,000 | - | -€1,000 | |
| Other amounts payable | 47/48 | €28,225 | €8,227 | -€19,997 | -70.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,671 | €7,085 | -€585 | -7.6% |
| Other operating charges | 640/8 | €132 | €341 | +€209 | +159% |
| Gross operating margin | 9900 | €9,270 | -€9,789 | -€19,058 | |
| Operating profit (loss) | 9901 | €1,467 | -€17,215 | -€18,682 | |
| Financial income | 75/76B | €0 | €277 | +€277 | +922,933% |
| Recurring financial income | 75 | €0 | €277 | +€277 | +922,933% |
| Financial charges | 65/66B | €502 | €45 | -€458 | -91.1% |
| Recurring financial charges | 65 | €502 | €45 | -€458 | -91.1% |
| Profit (loss) for the period before taxes | 9903 | €965 | -€16,982 | -€17,947 | |
| Income taxes | 67/77 | €1,222 | €128 | -€1,094 | -89.5% |
| Profit (loss) for the period | 9904 | -€257 | -€17,110 | -€16,853 | -6,557% |
| Profit (loss) for the period to be appropriated | 9905 | -€257 | -€17,110 | -€16,853 | -6,557% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.