Altunbay: 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.
Altunbay
Largest movements
- Cash +€7,988
up €7,988 (+1,915%), from €417 to €8,405
mainly Net result for the year (+€10,921) and Other debts (+€6,569)
- Tangible fixed assets +€7,781
up €7,781 (+1,889%), from €412 to €8,192
- Receivables within one year +€5,925
up €5,925 (+80.0%), from €7,404 to €13,329
of which Trade receivables: +€5,552
- Deferred charges and accrued income +€1,279
new in 2025: €1,279
- Reserves +€10,921
up €10,921 (+220%), from €4,972 to €15,893
- Other debts +€6,569
new in 2025: €6,569
- Tax, wage and social debts +€4,682
up €4,682 (+371%), from €1,261 to €5,944
of which Taxes: +€3,143
- Accrued charges and deferred income +€445
new in 2025: €445
- Trade debts +€356
new in 2025: €356
- Gross operating margin +€9,047
up €9,047 (+144%), from €6,283 to €15,330
- Taxes +€2,628
up €2,628 (+208%), from €1,261 to €3,890
- Other operating charges +€178
new in 2025: €178
- Depreciation +€170
up €170 (+345%), from €49 to €219
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 | €8,233 | €31,206 | +€22,973 | +279% |
| Fixed assets | 21/28 | €412 | €8,192 | +€7,781 | +1,889% |
| Tangible fixed assets | 22/27 | €412 | €8,192 | +€7,781 | +1,889% |
| Furniture and vehicles | 24 | €412 | €8,192 | +€7,781 | +1,889% |
| Current assets | 29/58 | €7,821 | €23,014 | +€15,193 | +194% |
| Amounts receivable within one year | 40/41 | €7,404 | €13,329 | +€5,925 | +80.0% |
| Trade receivables | 40 | €6,080 | €11,632 | +€5,552 | +91.3% |
| Other amounts receivable | 41 | €1,324 | €1,698 | +€373 | +28.2% |
| Cash at bank and in hand | 54/58 | €417 | €8,405 | +€7,988 | +1,915% |
| Deferred charges and accrued income | 490/1 | - | €1,279 | +€1,279 | |
| Total equity and liabilities | 10/49 | €8,233 | €31,206 | +€22,973 | +279% |
| Equity | 10/15 | €6,972 | €17,893 | +€10,921 | +157% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €4,972 | €15,893 | +€10,921 | +220% |
| Distributable reserves | 133 | €4,972 | €15,893 | +€10,921 | +220% |
| Amounts payable | 17/49 | €1,261 | €13,313 | +€12,052 | +955% |
| Amounts payable within one year | 42/48 | €1,261 | €12,868 | +€11,607 | +920% |
| Trade debts | 44 | - | €356 | +€356 | |
| Suppliers | 440/4 | - | €356 | +€356 | |
| Taxes, remuneration and social security | 45 | €1,261 | €5,944 | +€4,682 | +371% |
| Taxes | 450/3 | €1,261 | €4,404 | +€3,143 | +249% |
| Remuneration and social security | 454/9 | - | €1,540 | +€1,540 | |
| Other amounts payable | 47/48 | - | €6,569 | +€6,569 | |
| Accrued charges and deferred income | 492/3 | - | €445 | +€445 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €49 | €219 | +€170 | +345% |
| Other operating charges | 640/8 | - | €178 | +€178 | |
| Gross operating margin | 9900 | €6,283 | €15,330 | +€9,047 | +144% |
| Operating profit (loss) | 9901 | €6,233 | €14,932 | +€8,699 | +140% |
| Financial charges | 65/66B | - | €121 | +€121 | |
| Recurring financial charges | 65 | - | €121 | +€121 | |
| Profit (loss) for the period before taxes | 9903 | €6,233 | €14,811 | +€8,578 | +138% |
| Income taxes | 67/77 | €1,261 | €3,890 | +€2,628 | +208% |
| Profit (loss) for the period | 9904 | €4,972 | €10,921 | +€5,949 | +120% |
| Profit (loss) for the period to be appropriated | 9905 | €4,972 | €10,921 | +€5,949 | +120% |
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 21 October 2026 via checked.be.