ATTITUDE-ALTITUDE: what changed
ATTITUDE-ALTITUDE
Largest movements
- Cash -€30,488
down €30,488 (-41.2%), from €73,982 to €43,494
mainly Current portion of long-term debt (-€24,335) and Trade debts (-€22,443)
- Tangible fixed assets -€5,075
down €5,075 (-5.8%), from €87,191 to €82,116
of which Land and buildings: -€3,867
- Receivables within one year +€1,831
up €1,831 (+13.5%), from €13,531 to €15,362
of which Other amounts receivable: +€7,477
- Current portion of long-term debt -€24,335
down €24,335 (-73.5%), from €33,116 to €8,780
- Trade debts -€22,443
down €22,443 (-82.5%), from €27,187 to €4,745
- Reserves +€16,950
up €16,950 (+31.5%), from €53,732 to €70,682
- Debts after one year -€8,780
down €8,780 (-100%), from €8,780 to €0
- Other debts +€5,004
up €5,004 (+537%), from €931 to €5,935
- Taxes -€990
down €990 (-11.1%), from €8,893 to €7,903
- Financial charges -€539
down €539 (-33.9%), from €1,590 to €1,052
- Financial income -€486
down €486 (-52.5%), from €926 to €440
- Other operating charges -€458
down €458 (-24.0%), from €1,905 to €1,447
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €174,704 | €140,972 | -€33,732 | -19.3% |
| Fixed assets | 21/28 | €87,191 | €82,116 | -€5,075 | -5.8% |
| Tangible fixed assets | 22/27 | €87,191 | €82,116 | -€5,075 | -5.8% |
| Land and buildings | 22 | €81,320 | €77,453 | -€3,867 | -4.8% |
| Plant, machinery and equipment | 23 | €5,742 | €4,628 | -€1,115 | -19.4% |
| Furniture and vehicles | 24 | €129 | €35 | -€94 | -72.7% |
| Financial fixed assets | 28 | €0 | €0 | = | |
| Current assets | 29/58 | €87,513 | €58,856 | -€28,657 | -32.7% |
| Amounts receivable within one year | 40/41 | €13,531 | €15,362 | +€1,831 | +13.5% |
| Trade receivables | 40 | €7,416 | €1,770 | -€5,646 | -76.1% |
| Other amounts receivable | 41 | €6,115 | €13,592 | +€7,477 | +122% |
| Cash at bank and in hand | 54/58 | €73,982 | €43,494 | -€30,488 | -41.2% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €174,704 | €140,972 | -€33,732 | -19.3% |
| Equity | 10/15 | €104,289 | €121,239 | +€16,950 | +16.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €53,732 | €70,682 | +€16,950 | +31.5% |
| Non-distributable reserves | 130/1 | €53,732 | €70,682 | +€16,950 | +31.5% |
| Reserves not available under the articles | 1311 | €53,732 | €70,682 | +€16,950 | +31.5% |
| Profit (loss) carried forward | 14 | €31,957 | €31,957 | = | 0.0% |
| Amounts payable | 17/49 | €70,415 | €19,733 | -€50,682 | -72.0% |
| Amounts payable after more than one year | 17 | €8,780 | €0 | -€8,780 | -100% |
| Financial debts | 170/4 | €8,780 | €0 | -€8,780 | -100% |
| Amounts payable within one year | 42/48 | €61,234 | €19,733 | -€41,501 | -67.8% |
| Current portion of amounts payable after more than one year | 42 | €33,116 | €8,780 | -€24,335 | -73.5% |
| Trade debts | 44 | €27,187 | €4,745 | -€22,443 | -82.5% |
| Suppliers | 440/4 | €27,187 | €4,745 | -€22,443 | -82.5% |
| Advances received on contracts in progress | 46 | - | €180 | +€180 | |
| Taxes, remuneration and social security | 45 | - | €93 | +€93 | |
| Taxes | 450/3 | - | €93 | +€93 | |
| Other amounts payable | 47/48 | €931 | €5,935 | +€5,004 | +537% |
| Accrued charges and deferred income | 492/3 | €400 | €0 | -€400 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,786 | €5,075 | +€289 | +6.0% |
| Other operating charges | 640/8 | €1,905 | €1,447 | -€458 | -24.0% |
| Gross operating margin | 9900 | €31,826 | €31,987 | +€161 | +0.5% |
| Operating profit (loss) | 9901 | €25,135 | €25,464 | +€329 | +1.3% |
| Financial income | 75/76B | €926 | €440 | -€486 | -52.5% |
| Recurring financial income | 75 | €926 | €440 | -€486 | -52.5% |
| Financial charges | 65/66B | €1,590 | €1,052 | -€539 | -33.9% |
| Recurring financial charges | 65 | €1,590 | €1,052 | -€539 | -33.9% |
| Profit (loss) for the period before taxes | 9903 | €24,471 | €24,852 | +€382 | +1.6% |
| Income taxes | 67/77 | €8,893 | €7,903 | -€990 | -11.1% |
| Profit (loss) for the period | 9904 | €15,578 | €16,950 | +€1,372 | +8.8% |
| Profit (loss) for the period to be appropriated | 9905 | €15,578 | €16,950 | +€1,372 | +8.8% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.