Altypo: 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.
Altypo
Largest movements
- Receivables within one year +€50,020
up €50,020 (+14.3%), from €349,980 to €400,000
- Other debts +€137,315
up €137,315 (+4,616%), from €2,975 to €140,290
- Reserves -€97,732
down €97,732 (-13.1%), from €745,457 to €647,725
of which Distributable reserves: -€97,732
- Gross operating margin -€57,040
down €57,040 (-31.3%), from €182,174 to €125,134
- Taxes -€17,212
down €17,212 (-34.2%), from €50,312 to €33,100
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 | €803,775 | €853,154 | +€49,379 | +6.1% |
| Fixed assets | 21/28 | €353,577 | €345,727 | -€7,850 | -2.2% |
| Tangible fixed assets | 22/27 | €353,577 | €345,727 | -€7,850 | -2.2% |
| Land and buildings | 22 | €353,577 | €345,727 | -€7,850 | -2.2% |
| Current assets | 29/58 | €450,198 | €507,427 | +€57,230 | +12.7% |
| Amounts receivable within one year | 40/41 | €349,980 | €400,000 | +€50,020 | +14.3% |
| Other amounts receivable | 41 | €349,980 | €400,000 | +€50,020 | +14.3% |
| Cash at bank and in hand | 54/58 | €100,218 | €107,427 | +€7,210 | +7.2% |
| Total equity and liabilities | 10/49 | €803,775 | €853,154 | +€49,379 | +6.1% |
| Equity | 10/15 | €764,457 | €666,725 | -€97,732 | -12.8% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €745,457 | €647,725 | -€97,732 | -13.1% |
| Non-distributable reserves | 130/1 | €40,502 | €40,502 | = | 0.0% |
| Reserves not available under the articles | 1311 | €40,502 | €40,502 | = | 0.0% |
| Tax-exempt reserves | 132 | €3,765 | €3,765 | = | 0.0% |
| Distributable reserves | 133 | €701,189 | €603,457 | -€97,732 | -13.9% |
| Amounts payable | 17/49 | €39,318 | €186,429 | +€147,111 | +374% |
| Amounts payable after more than one year | 17 | €24,058 | €24,058 | = | 0.0% |
| Other amounts payable | 178/9 | €24,058 | €24,058 | = | 0.0% |
| Amounts payable within one year | 42/48 | €15,260 | €162,371 | +€147,111 | +964% |
| Trade debts | 44 | €1,513 | €2,867 | +€1,354 | +89.5% |
| Suppliers | 440/4 | €1,513 | €2,867 | +€1,354 | +89.5% |
| Taxes, remuneration and social security | 45 | €10,772 | €19,214 | +€8,442 | +78.4% |
| Taxes | 450/3 | €10,772 | €19,214 | +€8,442 | +78.4% |
| Other amounts payable | 47/48 | €2,975 | €140,290 | +€137,315 | +4,616% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,517 | €7,850 | -€667 | -7.8% |
| Other operating charges | 640/8 | €18,626 | €19,356 | +€730 | +3.9% |
| Gross operating margin | 9900 | €182,174 | €125,134 | -€57,040 | -31.3% |
| Operating profit (loss) | 9901 | €155,030 | €97,928 | -€57,103 | -36.8% |
| Financial income | 75/76B | €250 | €48 | -€202 | -80.8% |
| Recurring financial income | 75 | €250 | €48 | -€202 | -80.8% |
| Financial charges | 65/66B | €1,372 | €1,434 | +€62 | +4.5% |
| Recurring financial charges | 65 | €1,372 | €1,434 | +€62 | +4.5% |
| Profit (loss) for the period before taxes | 9903 | €153,908 | €96,542 | -€57,366 | -37.3% |
| Income taxes | 67/77 | €50,312 | €33,100 | -€17,212 | -34.2% |
| Profit (loss) for the period | 9904 | €103,596 | €63,442 | -€40,154 | -38.8% |
| Profit (loss) for the period to be appropriated | 9905 | €103,596 | €63,442 | -€40,154 | -38.8% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.