ALTU - architecture: 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.
ALTU - architecture
Largest movements
- Cash -€21,760
down €21,760 (-29.3%), from €74,340 to €52,579
mainly Investment in fixed assets (net) (-€25,571) and Net result for the year (-€11,161)
- Tangible fixed assets +€20,783
up €20,783 (+62.4%), from €33,294 to €54,077
of which Land and buildings: +€21,269
- Deferred charges and accrued income +€6,714
new in 2025: €6,714
- Trade debts +€22,810
up €22,810 (+344%), from €6,623 to €29,433
- Profit (loss) carried forward -€11,161
down €11,161 (-8.5%), from €130,973 to €119,812
- Tax, wage and social debts -€3,501
down €3,501 (-41.3%), from €8,484 to €4,982
- Debts after one year -€2,873
down €2,873 (-11.7%), from €24,633 to €21,760
- Gross operating margin -€64,952
down €64,952, from €59,691 to -€5,261
- Taxes -€14,459
down €14,459 (-100%), from €14,459 to €0
- Depreciation +€1,018
up €1,018 (+27.0%), from €3,770 to €4,788
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 | €177,301 | €182,612 | +€5,311 | +3.0% |
| Fixed assets | 21/28 | €33,829 | €54,612 | +€20,783 | +61.4% |
| Tangible fixed assets | 22/27 | €33,294 | €54,077 | +€20,783 | +62.4% |
| Land and buildings | 22 | €29,244 | €50,513 | +€21,269 | +72.7% |
| Plant, machinery and equipment | 23 | €4,050 | €3,564 | -€486 | -12.0% |
| Financial fixed assets | 28 | €535 | €535 | = | 0.0% |
| Current assets | 29/58 | €143,472 | €128,000 | -€15,471 | -10.8% |
| Amounts receivable within one year | 40/41 | €69,132 | €68,707 | -€425 | -0.6% |
| Trade receivables | 40 | €69,132 | €68,707 | -€425 | -0.6% |
| Cash at bank and in hand | 54/58 | €74,340 | €52,579 | -€21,760 | -29.3% |
| Deferred charges and accrued income | 490/1 | - | €6,714 | +€6,714 | |
| Total equity and liabilities | 10/49 | €177,301 | €182,612 | +€5,311 | +3.0% |
| Equity | 10/15 | €134,273 | €123,112 | -€11,161 | -8.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Capital | 10 | €3,000 | - | -€3,000 | |
| Issued capital | 100 | €3,000 | - | -€3,000 | |
| Reserves | 13 | €300 | €300 | = | 0.0% |
| Non-distributable reserves | 130/1 | €300 | €300 | = | 0.0% |
| Legal reserve | 130 | €300 | - | -€300 | |
| Other | 1319 | - | €300 | +€300 | |
| Profit (loss) carried forward | 14 | €130,973 | €119,812 | -€11,161 | -8.5% |
| Amounts payable | 17/49 | €43,027 | €59,500 | +€16,472 | +38.3% |
| Amounts payable after more than one year | 17 | €24,633 | €21,760 | -€2,873 | -11.7% |
| Financial debts | 170/4 | €24,633 | €21,760 | -€2,873 | -11.7% |
| Amounts payable within one year | 42/48 | €18,394 | €37,739 | +€19,345 | +105% |
| Current portion of amounts payable after more than one year | 42 | €2,842 | €2,873 | +€30 | +1.1% |
| Trade debts | 44 | €6,623 | €29,433 | +€22,810 | +344% |
| Suppliers | 440/4 | €6,623 | €29,433 | +€22,810 | +344% |
| Taxes, remuneration and social security | 45 | €8,484 | €4,982 | -€3,501 | -41.3% |
| Taxes | 450/3 | €8,484 | €4,982 | -€3,501 | -41.3% |
| Other amounts payable | 47/48 | €446 | €452 | +€6 | +1.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,770 | €4,788 | +€1,018 | +27.0% |
| Other operating charges | 640/8 | €505 | €520 | +€14 | +2.8% |
| Gross operating margin | 9900 | €59,691 | -€5,261 | -€64,952 | |
| Operating profit (loss) | 9901 | €55,416 | -€10,569 | -€65,985 | |
| Financial income | 75/76B | - | €0 | = | |
| Recurring financial income | 75 | - | €0 | = | |
| Financial charges | 65/66B | €820 | €592 | -€227 | -27.7% |
| Recurring financial charges | 65 | €820 | €592 | -€227 | -27.7% |
| Profit (loss) for the period before taxes | 9903 | €54,596 | -€11,161 | -€65,757 | |
| Income taxes | 67/77 | €14,459 | €0 | -€14,459 | -100% |
| Profit (loss) for the period | 9904 | €40,137 | -€11,161 | -€51,298 | |
| Profit (loss) for the period to be appropriated | 9905 | €40,137 | -€11,161 | -€51,298 |
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.