DE ALTO & Co: 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.
DE ALTO & Co
Largest movements
- Current assets +€37,199
up €37,199 (+923%), from €4,032 to €41,231
of which Receivables within one year: +€25,031
- Tangible fixed assets -€5,772
down €5,772 (-21.1%), from €27,291 to €21,520
- Debts within one year +€36,033
up €36,033 (+41.5%), from €86,758 to €122,792
of which Other debts: +€63,806
- Debts after one year -€2,812
down €2,812 (-60.6%), from €4,636 to €1,825
- Profit (loss) carried forward -€2,337
down €2,337 (-4.3%), from -€53,765 to -€56,101
- Write-downs +€5,000
new in 2021: €5,000
- Gross operating margin -€3,711
down €3,711 (-18.4%), from €20,205 to €16,493
- Other operating charges +€1,923
new in 2021: €1,923
- Depreciation +€731
up €731 (+7.0%), from €10,493 to €11,224
- Financial charges +€566
new in 2021: €566
From the 2020 result to the 2021 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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2020 | 2021 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €37,830 | €68,715 | +€30,885 | +81.6% |
| Fixed assets | 21/28 | €33,798 | €27,485 | -€6,314 | -18.7% |
| Intangible fixed assets | 21 | €1,807 | €1,265 | -€542 | -30.0% |
| Tangible fixed assets | 22/27 | €27,291 | €21,520 | -€5,772 | -21.1% |
| Land and buildings | 22 | - | €6,675 | +€6,675 | |
| Plant, machinery and equipment | 23 | - | €2,468 | +€2,468 | |
| Furniture and vehicles | 24 | - | €12,377 | +€12,377 | |
| Financial fixed assets | 28 | €4,700 | €4,700 | = | 0.0% |
| Current assets | 29/58 | €4,032 | €41,231 | +€37,199 | +923% |
| Stocks and contracts in progress | 3 | €2,175 | €15,545 | +€13,371 | +615% |
| Stocks | 30/36 | - | €15,545 | +€15,545 | |
| Amounts receivable within one year | 40/41 | €443 | €25,474 | +€25,031 | +5,653% |
| Trade receivables | 40 | - | €24,976 | +€24,976 | |
| Other amounts receivable | 41 | - | €498 | +€498 | |
| Cash at bank and in hand | 54/58 | €1,310 | €98 | -€1,211 | -92.5% |
| Deferred charges and accrued income | 490/1 | - | €113 | +€113 | |
| Total equity and liabilities | 10/49 | €37,830 | €68,715 | +€30,885 | +81.6% |
| Equity | 10/15 | -€53,565 | -€55,901 | -€2,337 | -4.4% |
| Contributions | 10/11 | €200 | €200 | = | 0.0% |
| Capital | 10 | - | €200 | +€200 | |
| Issued capital | 100 | - | €200 | +€200 | |
| Profit (loss) carried forward | 14 | -€53,765 | -€56,101 | -€2,337 | -4.3% |
| Amounts payable | 17/49 | €91,395 | €124,617 | +€33,222 | +36.3% |
| Amounts payable after more than one year | 17 | €4,636 | €1,825 | -€2,812 | -60.6% |
| Financial debts | 170/4 | - | €1,825 | +€1,825 | |
| Amounts payable within one year | 42/48 | €86,758 | €122,792 | +€36,033 | +41.5% |
| Current portion of amounts payable after more than one year | 42 | - | €3,752 | +€3,752 | |
| Financial debts | 43 | - | €1,959 | +€1,959 | |
| Credit institutions | 430/8 | - | €1,959 | +€1,959 | |
| Trade debts | 44 | €54,032 | €48,307 | -€5,724 | -10.6% |
| Suppliers | 440/4 | - | €48,307 | +€48,307 | |
| Taxes, remuneration and social security | 45 | - | €4,968 | +€4,968 | |
| Taxes | 450/3 | - | €4,968 | +€4,968 | |
| Other amounts payable | 47/48 | - | €63,806 | +€63,806 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,493 | €11,224 | +€731 | +7.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €5,000 | +€5,000 | |
| Other operating charges | 640/8 | - | €1,923 | +€1,923 | |
| Gross operating margin | 9900 | €20,205 | €16,493 | -€3,711 | -18.4% |
| Operating profit (loss) | 9901 | -€7,186 | -€1,654 | +€5,532 | +77.0% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | - | €566 | +€566 | |
| Recurring financial charges | 65 | €1,378 | €566 | -€812 | -58.9% |
| Profit (loss) for the period before taxes | 9903 | -€8,564 | -€2,220 | +€6,344 | +74.1% |
| Income taxes | 67/77 | €116 | €117 | +€1 | +0.7% |
| Profit (loss) for the period | 9904 | -€8,680 | -€2,337 | +€6,343 | +73.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,680 | -€2,337 | +€6,343 | +73.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2020 and 31 December 2021. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.