KOAH-ALTITUDES: what changed
KOAH-ALTITUDES
Largest movements
- Cash -€36,034
down €36,034 (-55.0%), from €65,498 to €29,464
mainly Contributions, distributions and other (-€32,597) and Receivables within one year (-€6,271)
- Receivables within one year +€6,271
up €6,271 (+19.0%), from €32,975 to €39,246
of which Trade receivables: +€5,852
- Tangible fixed assets -€4,596
down €4,596 (-32.6%), from €14,106 to €9,510
of which Furniture and vehicles: -€4,493
- Intangible fixed assets +€2,944
up €2,944 (+107%), from €2,756 to €5,700
- Profit (loss) carried forward -€32,595
down €32,595 (-100.0%), from €32,596 to €1
- Other debts +€2,705
up €2,705 (+13.4%), from €20,113 to €22,818
- Tax, wage and social debts -€1,851
down €1,851 (-11.6%), from €16,021 to €14,170
- Gross operating margin -€30,716
down €30,716 (-78.2%), from €39,270 to €8,553
- Taxes -€8,497
down €8,497 (-82.5%), from €10,297 to €1,799
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 | €117,057 | €86,021 | -€31,036 | -26.5% |
| Fixed assets | 21/28 | €16,862 | €15,210 | -€1,652 | -9.8% |
| Intangible fixed assets | 21 | €2,756 | €5,700 | +€2,944 | +107% |
| Tangible fixed assets | 22/27 | €14,106 | €9,510 | -€4,596 | -32.6% |
| Furniture and vehicles | 24 | €13,753 | €9,260 | -€4,493 | -32.7% |
| Other tangible fixed assets | 26 | €353 | €250 | -€102 | -29.1% |
| Current assets | 29/58 | €100,194 | €70,811 | -€29,384 | -29.3% |
| Amounts receivable within one year | 40/41 | €32,975 | €39,246 | +€6,271 | +19.0% |
| Trade receivables | 40 | €22,834 | €28,686 | +€5,852 | +25.6% |
| Other amounts receivable | 41 | €10,141 | €10,560 | +€419 | +4.1% |
| Cash at bank and in hand | 54/58 | €65,498 | €29,464 | -€36,034 | -55.0% |
| Deferred charges and accrued income | 490/1 | €1,721 | €2,101 | +€379 | +22.0% |
| Total equity and liabilities | 10/49 | €117,057 | €86,021 | -€31,036 | -26.5% |
| Equity | 10/15 | €76,316 | €44,691 | -€31,625 | -41.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €25,120 | €26,090 | +€970 | +3.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €23,260 | €24,230 | +€970 | +4.2% |
| Profit (loss) carried forward | 14 | €32,596 | €1 | -€32,595 | -100.0% |
| Amounts payable | 17/49 | €40,740 | €41,330 | +€589 | +1.4% |
| Amounts payable within one year | 42/48 | €40,740 | €40,672 | -€68 | -0.2% |
| Trade debts | 44 | €4,606 | €3,685 | -€922 | -20.0% |
| Suppliers | 440/4 | €4,606 | €3,685 | -€922 | -20.0% |
| Taxes, remuneration and social security | 45 | €16,021 | €14,170 | -€1,851 | -11.6% |
| Taxes | 450/3 | €16,021 | €14,170 | -€1,851 | -11.6% |
| Other amounts payable | 47/48 | €20,113 | €22,818 | +€2,705 | +13.4% |
| Accrued charges and deferred income | 492/3 | - | €657 | +€657 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,522 | €4,652 | +€130 | +2.9% |
| Other operating charges | 640/8 | €698 | €751 | +€54 | +7.7% |
| Gross operating margin | 9900 | €39,270 | €8,553 | -€30,716 | -78.2% |
| Operating profit (loss) | 9901 | €34,050 | €3,150 | -€30,900 | -90.7% |
| Financial income | 75/76B | €32 | €10 | -€22 | -69.0% |
| Recurring financial income | 75 | €32 | €10 | -€22 | -69.0% |
| Financial charges | 65/66B | €517 | €389 | -€127 | -24.6% |
| Recurring financial charges | 65 | €316 | €141 | -€175 | -55.3% |
| Non-recurring financial charges | 66B | €200 | €248 | +€48 | +23.7% |
| Profit (loss) for the period before taxes | 9903 | €33,565 | €2,771 | -€30,795 | -91.7% |
| Income taxes | 67/77 | €10,297 | €1,799 | -€8,497 | -82.5% |
| Profit (loss) for the period | 9904 | €23,269 | €971 | -€22,297 | -95.8% |
| Profit (loss) for the period to be appropriated | 9905 | €23,269 | €971 | -€22,297 | -95.8% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.