ALTURIO CTA: 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.
ALTURIO CTA
Largest movements
- Intangible fixed assets -€133,919
down €133,919 (-38.8%), from €344,981 to €211,062
- Receivables within one year -€73,720
down €73,720 (-31.7%), from €232,666 to €158,946
of which Trade receivables: -€73,626
- Cash -€59,653
down €59,653 (-20.9%), from €285,439 to €225,786
mainly Debts after one year (-€151,284) and Current portion of long-term debt (-€58,134)
- Deferred charges and accrued income +€43,553
up €43,553, from €0 to €43,553
- Debts after one year -€151,284
down €151,284 (-41.2%), from €367,214 to €215,930
- Current portion of long-term debt -€58,134
down €58,134 (-61.8%), from €94,098 to €35,964
- Trade debts -€30,757
down €30,757 (-9.1%), from €336,333 to €305,576
- Tax, wage and social debts +€11,028
up €11,028 (+18.3%), from €60,402 to €71,430
of which Taxes: +€9,291
- Write-downs +€47,063
up €47,063, from -€18,224 to €28,839
- Gross operating margin +€35,237
up €35,237 (+8.2%), from €431,700 to €466,937
- Other operating charges -€28,094
down €28,094 (-96.6%), from €29,079 to €985
- Staff costs +€18,462
up €18,462 (+6.8%), from €271,946 to €290,408
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 | €880,155 | €651,298 | -€228,857 | -26.0% |
| Fixed assets | 21/28 | €362,050 | €223,012 | -€139,038 | -38.4% |
| Intangible fixed assets | 21 | €344,981 | €211,062 | -€133,919 | -38.8% |
| Tangible fixed assets | 22/27 | €17,069 | €11,950 | -€5,119 | -30.0% |
| Plant, machinery and equipment | 23 | - | €1,661 | +€1,661 | |
| Furniture and vehicles | 24 | €17,069 | €10,289 | -€6,780 | -39.7% |
| Current assets | 29/58 | €518,105 | €428,285 | -€89,819 | -17.3% |
| Amounts receivable within one year | 40/41 | €232,666 | €158,946 | -€73,720 | -31.7% |
| Trade receivables | 40 | €229,084 | €155,458 | -€73,626 | -32.1% |
| Other amounts receivable | 41 | €3,582 | €3,488 | -€94 | -2.6% |
| Cash at bank and in hand | 54/58 | €285,439 | €225,786 | -€59,653 | -20.9% |
| Deferred charges and accrued income | 490/1 | €0 | €43,553 | +€43,553 | |
| Total equity and liabilities | 10/49 | €880,155 | €651,298 | -€228,857 | -26.0% |
| Equity | 10/15 | €21,937 | €22,006 | +€69 | +0.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | - | €2,006 | +€2,006 | |
| Distributable reserves | 133 | - | €2,006 | +€2,006 | |
| Profit (loss) carried forward | 14 | €1,937 | €0 | -€1,937 | -100% |
| Amounts payable | 17/49 | €858,218 | €629,292 | -€228,926 | -26.7% |
| Amounts payable after more than one year | 17 | €367,214 | €215,930 | -€151,284 | -41.2% |
| Financial debts | 170/4 | €367,214 | €215,930 | -€151,284 | -41.2% |
| Amounts payable within one year | 42/48 | €490,834 | €412,970 | -€77,864 | -15.9% |
| Current portion of amounts payable after more than one year | 42 | €94,098 | €35,964 | -€58,134 | -61.8% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €336,333 | €305,576 | -€30,757 | -9.1% |
| Suppliers | 440/4 | €336,333 | €305,576 | -€30,757 | -9.1% |
| Taxes, remuneration and social security | 45 | €60,402 | €71,430 | +€11,028 | +18.3% |
| Taxes | 450/3 | €31,026 | €40,317 | +€9,291 | +29.9% |
| Remuneration and social security | 454/9 | €29,376 | €31,113 | +€1,737 | +5.9% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €170 | €392 | +€222 | +131% |
| Remuneration, social security and pensions | 62 | €271,946 | €290,408 | +€18,462 | +6.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €141,281 | €141,898 | +€617 | +0.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€18,224 | €28,839 | +€47,063 | |
| Other operating charges | 640/8 | €29,079 | €985 | -€28,094 | -96.6% |
| Gross operating margin | 9900 | €431,700 | €466,937 | +€35,237 | +8.2% |
| Operating profit (loss) | 9901 | €7,618 | €4,807 | -€2,811 | -36.9% |
| Financial income | 75/76B | €627 | €2,353 | +€1,726 | +275% |
| Recurring financial income | 75 | €627 | €2,353 | +€1,726 | +275% |
| Financial charges | 65/66B | €5,257 | €3,915 | -€1,342 | -25.5% |
| Recurring financial charges | 65 | €5,257 | €3,915 | -€1,342 | -25.5% |
| Profit (loss) for the period before taxes | 9903 | €2,988 | €3,245 | +€257 | +8.6% |
| Income taxes | 67/77 | €2,243 | €3,176 | +€933 | +41.6% |
| Profit (loss) for the period | 9904 | €745 | €69 | -€676 | -90.8% |
| Profit (loss) for the period to be appropriated | 9905 | €745 | €69 | -€676 | -90.8% |
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 26 October 2026 via checked.be.