ALTUM CONSULTING: 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.
ALTUM CONSULTING
Largest movements
- Tangible fixed assets +€5,721
up €5,721 (+92.9%), from €6,157 to €11,877
of which Furniture and vehicles: +€6,431
- Cash -€5,156
down €5,156 (-25.0%), from €20,666 to €15,509
mainly Investment in fixed assets (net) (-€10,702) and Receivables within one year (-€3,118)
- Receivables within one year +€3,118
up €3,118 (+18.6%), from €16,791 to €19,910
of which Trade receivables: +€3,118
- Deferred charges and accrued income -€2,453
down €2,453 (-90.7%), from €2,705 to €252
- Tax, wage and social debts +€3,388
up €3,388 (+11.6%), from €29,163 to €32,551
of which Taxes: +€2,588
- Profit (loss) carried forward -€2,317
down €2,317 (-91.6%), from -€2,529 to -€4,846
- Gross operating margin -€10,702
down €10,702 (-52.7%), from €20,311 to €9,609
- Taxes -€2,635
down €2,635 (-57.4%), from €4,590 to €1,954
- Depreciation +€1,414
up €1,414 (+39.6%), from €3,567 to €4,981
- Other operating charges +€708
up €708 (+113%), from €626 to €1,335
- Financial charges -€444
down €444 (-53.8%), from €826 to €381
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 | €56,268 | €57,498 | +€1,230 | +2.2% |
| Fixed assets | 21/28 | €6,157 | €11,877 | +€5,721 | +92.9% |
| Tangible fixed assets | 22/27 | €6,157 | €11,877 | +€5,721 | +92.9% |
| Land and buildings | 22 | €2,040 | €1,330 | -€710 | -34.8% |
| Furniture and vehicles | 24 | €4,116 | €10,547 | +€6,431 | +156% |
| Current assets | 29/58 | €50,112 | €45,621 | -€4,491 | -9.0% |
| Amounts receivable within one year | 40/41 | €16,791 | €19,910 | +€3,118 | +18.6% |
| Trade receivables | 40 | €16,702 | €19,820 | +€3,118 | +18.7% |
| Other amounts receivable | 41 | €90 | €90 | = | 0.0% |
| Current investments | 50/53 | €9,950 | €9,950 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €20,666 | €15,509 | -€5,156 | -25.0% |
| Deferred charges and accrued income | 490/1 | €2,705 | €252 | -€2,453 | -90.7% |
| Total equity and liabilities | 10/49 | €56,268 | €57,498 | +€1,230 | +2.2% |
| Equity | 10/15 | €23,448 | €21,131 | -€2,317 | -9.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €7,377 | €7,377 | = | 0.0% |
| Distributable reserves | 133 | €7,377 | €7,377 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,529 | -€4,846 | -€2,317 | -91.6% |
| Amounts payable | 17/49 | €32,821 | €36,367 | +€3,546 | +10.8% |
| Amounts payable within one year | 42/48 | €32,821 | €36,367 | +€3,546 | +10.8% |
| Trade debts | 44 | €1,014 | €775 | -€239 | -23.6% |
| Suppliers | 440/4 | €1,014 | €775 | -€239 | -23.6% |
| Advances received on contracts in progress | 46 | €58 | €58 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €29,163 | €32,551 | +€3,388 | +11.6% |
| Taxes | 450/3 | €20,213 | €22,801 | +€2,588 | +12.8% |
| Remuneration and social security | 454/9 | €8,950 | €9,750 | +€800 | +8.9% |
| Other amounts payable | 47/48 | €2,586 | €2,983 | +€398 | +15.4% |
| Remuneration, social security and pensions | 62 | €3,030 | €3,350 | +€320 | +10.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,567 | €4,981 | +€1,414 | +39.6% |
| Other operating charges | 640/8 | €626 | €1,335 | +€708 | +113% |
| Gross operating margin | 9900 | €20,311 | €9,609 | -€10,702 | -52.7% |
| Operating profit (loss) | 9901 | €13,088 | -€57 | -€13,144 | |
| Financial income | 75/76B | €1 | €76 | +€75 | +8,812% |
| Recurring financial income | 75 | €1 | €76 | +€75 | +8,812% |
| Financial charges | 65/66B | €826 | €381 | -€444 | -53.8% |
| Recurring financial charges | 65 | €826 | €381 | -€444 | -53.8% |
| Profit (loss) for the period before taxes | 9903 | €12,263 | -€362 | -€12,625 | |
| Income taxes | 67/77 | €4,590 | €1,954 | -€2,635 | -57.4% |
| Profit (loss) for the period | 9904 | €7,673 | -€2,317 | -€9,990 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,673 | -€2,317 | -€9,990 |
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 29 October 2026 via checked.be.