ALTUS notarissen: 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.
What changed
ALTUS notarissen
NACE 69.102, Activities of notaries
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€409,269
2024 · €357,065+€52,203
Equity
€1.1m
2024 · €1.1m+€9,269
Cash
€4.7m
2024 · €10.7m-€5.9m
Balance sheet total
€5.1m
2024 · €11.0m-€5.9m
Largest movements
Assets
- Cash -€5.9m
down €5.9m (-55.7%), from €10.7m to €4.7m
mainly Trade debts (-€5.2m) and Other debts (-€696,177)
Equity and liabilities
- Trade debts -€5.2m
down €5.2m (-68.5%), from €7.5m to €2.4m
- Other debts -€696,177
down €696,177 (-31.9%), from €2.2m to €1.5m
Income statement
- Gross operating margin +€143,521
up €143,521 (+12.3%), from €1.2m to €1.3m
- Staff costs +€93,981
up €93,981 (+13.3%), from €705,602 to €799,583
- Taxes +€19,109
up €19,109 (+15.4%), from €123,829 to €142,938
- Financial income +€16,553
up €16,553 (+37.9%), from €43,700 to €60,253
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.
Result 2024
€357,065
Gross operating margin
+€143,521
Staff costs
-€93,981
Depreciation
+€3,640
Other operating charges
-€529
Financial income
+€16,553
Financial charges
+€2,108
Taxes
-€19,109
Result 2025
€409,269
raises the resultlowers the result
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.
From operations
-€5.5m
Investment
-€11,640
Financing
-€400,000
Cash 2024
€10.7m
From operations (derived)
-€5.5m
Net result for the year
+€409,269
Depreciation
+€15,132
Receivables within one year
-€45,523
Deferred charges and accrued income
+€458
Trade debts
-€5.2m
Tax, wage and social debts
-€18,149
Other debts
-€696,177
Accrued charges and deferred income
-€39,891
Investment (derived)
-€11,640
Investment in fixed assets (net)
-€11,640
Financing
-€400,000
Contributions, distributions and other
-€400,000
Cash 2025
€4.7m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €10,985,946 | €5,086,310 | -€5.9m | -53.7% |
| Fixed assets | 21/28 | €35,587 | €32,095 | -€3,492 | -9.8% |
| Intangible fixed assets | 21 | €4,657 | €1,369 | -€3,288 | -70.6% |
| Tangible fixed assets | 22/27 | €30,930 | €30,726 | -€204 | -0.7% |
| Plant, machinery and equipment | 23 | €8,797 | €5,089 | -€3,708 | -42.2% |
| Furniture and vehicles | 24 | €7,509 | €14,698 | +€7,189 | +95.7% |
| Other tangible fixed assets | 26 | €14,623 | €10,939 | -€3,684 | -25.2% |
| Current assets | 29/58 | €10,950,359 | €5,054,214 | -€5.9m | -53.8% |
| Amounts receivable within one year | 40/41 | €272,290 | €317,813 | +€45,523 | +16.7% |
| Trade receivables | 40 | €173,209 | €259,760 | +€86,551 | +50.0% |
| Other amounts receivable | 41 | €99,081 | €58,053 | -€41,028 | -41.4% |
| Cash at bank and in hand | 54/58 | €10,675,367 | €4,734,157 | -€5.9m | -55.7% |
| Deferred charges and accrued income | 490/1 | €2,702 | €2,245 | -€458 | -16.9% |
| Total equity and liabilities | 10/49 | €10,985,946 | €5,086,310 | -€5.9m | -53.7% |
| Equity | 10/15 | €1,095,555 | €1,104,823 | +€9,269 | +0.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,076,955 | €1,086,223 | +€9,269 | +0.9% |
| Tax-exempt reserves | 132 | €35,946 | €35,946 | = | 0.0% |
| Distributable reserves | 133 | €1,041,009 | €1,050,278 | +€9,269 | +0.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €9,890,391 | €3,981,486 | -€5.9m | -59.7% |
| Amounts payable within one year | 42/48 | €9,850,497 | €3,981,483 | -€5.9m | -59.6% |
| Trade debts | 44 | €7,525,803 | €2,371,115 | -€5.2m | -68.5% |
| Suppliers | 440/4 | €7,525,803 | €2,371,115 | -€5.2m | -68.5% |
| Taxes, remuneration and social security | 45 | €145,046 | €126,897 | -€18,149 | -12.5% |
| Taxes | 450/3 | €59,170 | €42,491 | -€16,680 | -28.2% |
| Remuneration and social security | 454/9 | €85,876 | €84,407 | -€1,470 | -1.7% |
| Other amounts payable | 47/48 | €2,179,648 | €1,483,471 | -€696,177 | -31.9% |
| Accrued charges and deferred income | 492/3 | €39,894 | €3 | -€39,891 | -100.0% |
| Remuneration, social security and pensions | 62 | €705,602 | €799,583 | +€93,981 | +13.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,772 | €15,132 | -€3,640 | -19.4% |
| Other operating charges | 640/8 | €1,332 | €1,860 | +€529 | +39.7% |
| Gross operating margin | 9900 | €1,168,500 | €1,312,021 | +€143,521 | +12.3% |
| Operating profit (loss) | 9901 | €442,795 | €495,447 | +€52,652 | +11.9% |
| Financial income | 75/76B | €43,700 | €60,253 | +€16,553 | +37.9% |
| Recurring financial income | 75 | €43,700 | €60,253 | +€16,553 | +37.9% |
| Financial charges | 65/66B | €5,600 | €3,492 | -€2,108 | -37.6% |
| Recurring financial charges | 65 | €5,600 | €3,492 | -€2,108 | -37.6% |
| Profit (loss) for the period before taxes | 9903 | €480,895 | €552,207 | +€71,312 | +14.8% |
| Income taxes | 67/77 | €123,829 | €142,938 | +€19,109 | +15.4% |
| Profit (loss) for the period | 9904 | €357,065 | €409,269 | +€52,203 | +14.6% |
| Profit (loss) for the period to be appropriated | 9905 | €357,065 | €409,269 | +€52,203 | +14.6% |
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 25 October 2026 via checked.be.