L'altra idea: 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.
L'altra idea
Largest movements
- Tangible fixed assets -€27,033
down €27,033 (-21.6%), from €125,319 to €98,286
of which Other tangible fixed assets: -€15,835
- Cash -€4,962
down €4,962 (-8.3%), from €59,781 to €54,818
mainly Other debts (-€33,873) and Debts after one year (-€10,746)
- Receivables within one year +€3,635
up €3,635 (+99.3%), from €3,661 to €7,296
of which Trade receivables: +€5,354
- Other debts -€33,873
down €33,873 (-66.2%), from €51,168 to €17,295
- Reserves +€13,346
up €13,346 (+40.9%), from €32,593 to €45,939
- Debts after one year -€10,746
down €10,746 (-17.0%), from €63,206 to €52,460
- Gross operating margin +€13,701
up €13,701 (+31.5%), from €43,558 to €57,258
- Taxes +€2,488
up €2,488 (+619%), from €402 to €2,890
- Staff costs -€1,149
down €1,149 (-11.4%), from €10,066 to €8,916
- Financial charges +€1,072
up €1,072 (+75.3%), from €1,423 to €2,495
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 | €190,890 | €163,198 | -€27,691 | -14.5% |
| Fixed assets | 21/28 | €125,319 | €98,286 | -€27,033 | -21.6% |
| Tangible fixed assets | 22/27 | €125,319 | €98,286 | -€27,033 | -21.6% |
| Furniture and vehicles | 24 | €34,163 | €22,965 | -€11,198 | -32.8% |
| Other tangible fixed assets | 26 | €91,156 | €75,321 | -€15,835 | -17.4% |
| Current assets | 29/58 | €65,571 | €64,913 | -€658 | -1.0% |
| Amounts receivable within one year | 40/41 | €3,661 | €7,296 | +€3,635 | +99.3% |
| Trade receivables | 40 | €936 | €6,290 | +€5,354 | +572% |
| Other amounts receivable | 41 | €2,725 | €1,006 | -€1,719 | -63.1% |
| Cash at bank and in hand | 54/58 | €59,781 | €54,818 | -€4,962 | -8.3% |
| Deferred charges and accrued income | 490/1 | €2,129 | €2,799 | +€669 | +31.4% |
| Total equity and liabilities | 10/49 | €190,890 | €163,198 | -€27,691 | -14.5% |
| Equity | 10/15 | €64,836 | €78,182 | +€13,346 | +20.6% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €32,593 | €45,939 | +€13,346 | +40.9% |
| Distributable reserves | 133 | €32,593 | €45,939 | +€13,346 | +40.9% |
| Profit (loss) carried forward | 14 | €2,244 | €2,244 | = | 0.0% |
| Amounts payable | 17/49 | €126,053 | €85,016 | -€41,037 | -32.6% |
| Amounts payable after more than one year | 17 | €63,206 | €52,460 | -€10,746 | -17.0% |
| Financial debts | 170/4 | €63,206 | €52,460 | -€10,746 | -17.0% |
| Amounts payable within one year | 42/48 | €62,847 | €32,556 | -€30,291 | -48.2% |
| Current portion of amounts payable after more than one year | 42 | €9,625 | €10,746 | +€1,122 | +11.7% |
| Trade debts | 44 | €950 | €1,661 | +€711 | +74.9% |
| Suppliers | 440/4 | €950 | €1,661 | +€711 | +74.9% |
| Taxes, remuneration and social security | 45 | €1,105 | €2,854 | +€1,748 | +158% |
| Taxes | 450/3 | €1,105 | €2,854 | +€1,748 | +158% |
| Other amounts payable | 47/48 | €51,168 | €17,295 | -€33,873 | -66.2% |
| Remuneration, social security and pensions | 62 | €10,066 | €8,916 | -€1,149 | -11.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,557 | €27,033 | -€524 | -1.9% |
| Other operating charges | 640/8 | €2,616 | €2,820 | +€204 | +7.8% |
| Gross operating margin | 9900 | €43,558 | €57,258 | +€13,701 | +31.5% |
| Operating profit (loss) | 9901 | €3,319 | €18,489 | +€15,170 | +457% |
| Financial income | 75/76B | €221 | €242 | +€20 | +9.2% |
| Recurring financial income | 75 | €221 | €242 | +€20 | +9.2% |
| Financial charges | 65/66B | €1,423 | €2,495 | +€1,072 | +75.3% |
| Recurring financial charges | 65 | €1,423 | €2,495 | +€1,072 | +75.3% |
| Profit (loss) for the period before taxes | 9903 | €2,117 | €16,236 | +€14,119 | +667% |
| Income taxes | 67/77 | €402 | €2,890 | +€2,488 | +619% |
| Profit (loss) for the period | 9904 | €1,715 | €13,346 | +€11,631 | +678% |
| Profit (loss) for the period to be appropriated | 9905 | €1,715 | €13,346 | +€11,631 | +678% |
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.