My Altior: 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.
My Altior
Largest movements
- Receivables within one year -€43,140
down €43,140 (-72.6%), from €59,437 to €16,297
of which Trade receivables: -€47,604
- Cash +€34,780
up €34,780 (+80.5%), from €43,216 to €77,996
mainly Net result for the year (+€64,910) and Other debts (+€51,000)
- Deferred charges and accrued income -€23,634
down €23,634 (-18.3%), from €129,283 to €105,650
- Tangible fixed assets +€4,376
up €4,376 (+1,358%), from €322 to €4,698
- Tax, wage and social debts -€54,921
down €54,921 (-93.8%), from €58,565 to €3,644
of which Taxes: -€47,388
- Other debts +€51,000
up €51,000 (+567%), from €9,000 to €60,000
- Debts after one year -€12,573
down €12,573 (-70.1%), from €17,923 to €5,351
- Short-term financial debts -€8,127
down €8,127 (-100%), from €8,127 to €0
- Profit (loss) carried forward +€4,910
up €4,910 (+3.5%), from €140,902 to €145,813
- Gross operating margin +€44,619
up €44,619 (+96.0%), from €46,488 to €91,107
- Staff costs -€17,504
down €17,504 (-49.1%), from €35,657 to €18,153
- Write-downs -€950
down €950 (-100%), from €950 to €0
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 | €390,130 | €366,874 | -€23,257 | -6.0% |
| Fixed assets | 21/28 | €10,135 | €16,439 | +€6,304 | +62.2% |
| Intangible fixed assets | 21 | €4,632 | €6,561 | +€1,929 | +41.6% |
| Tangible fixed assets | 22/27 | €322 | €4,698 | +€4,376 | +1,358% |
| Furniture and vehicles | 24 | €322 | €4,698 | +€4,376 | +1,358% |
| Financial fixed assets | 28 | €5,180 | €5,180 | = | 0.0% |
| Current assets | 29/58 | €379,995 | €350,434 | -€29,561 | -7.8% |
| Amounts receivable after more than one year | 29 | €148,060 | €150,492 | +€2,432 | +1.6% |
| Other amounts receivable | 291 | €148,060 | €150,492 | +€2,432 | +1.6% |
| Amounts receivable within one year | 40/41 | €59,437 | €16,297 | -€43,140 | -72.6% |
| Trade receivables | 40 | €58,182 | €10,579 | -€47,604 | -81.8% |
| Other amounts receivable | 41 | €1,254 | €5,718 | +€4,464 | +356% |
| Cash at bank and in hand | 54/58 | €43,216 | €77,996 | +€34,780 | +80.5% |
| Deferred charges and accrued income | 490/1 | €129,283 | €105,650 | -€23,634 | -18.3% |
| Total equity and liabilities | 10/49 | €390,130 | €366,874 | -€23,257 | -6.0% |
| Equity | 10/15 | €279,902 | €284,813 | +€4,910 | +1.8% |
| Contributions | 10/11 | €24,000 | €24,000 | = | 0.0% |
| Reserves | 13 | €115,000 | €115,000 | = | 0.0% |
| Distributable reserves | 133 | €115,000 | €115,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €140,902 | €145,813 | +€4,910 | +3.5% |
| Amounts payable | 17/49 | €110,228 | €82,061 | -€28,167 | -25.6% |
| Amounts payable after more than one year | 17 | €17,923 | €5,351 | -€12,573 | -70.1% |
| Financial debts | 170/4 | €17,923 | €5,351 | -€12,573 | -70.1% |
| Amounts payable within one year | 42/48 | €92,305 | €76,710 | -€15,595 | -16.9% |
| Current portion of amounts payable after more than one year | 42 | €12,202 | €12,573 | +€371 | +3.0% |
| Financial debts | 43 | €8,127 | €0 | -€8,127 | -100% |
| Other loans | 439 | €8,127 | €0 | -€8,127 | -100% |
| Trade debts | 44 | €4,411 | €494 | -€3,917 | -88.8% |
| Suppliers | 440/4 | €4,411 | €494 | -€3,917 | -88.8% |
| Taxes, remuneration and social security | 45 | €58,565 | €3,644 | -€54,921 | -93.8% |
| Taxes | 450/3 | €51,032 | €3,644 | -€47,388 | -92.9% |
| Remuneration and social security | 454/9 | €7,533 | €0 | -€7,533 | -100% |
| Other amounts payable | 47/48 | €9,000 | €60,000 | +€51,000 | +567% |
| Remuneration, social security and pensions | 62 | €35,657 | €18,153 | -€17,504 | -49.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,775 | €3,512 | +€738 | +26.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €950 | €0 | -€950 | -100% |
| Other operating charges | 640/8 | €140 | €88 | -€53 | -37.5% |
| Gross operating margin | 9900 | €46,488 | €91,107 | +€44,619 | +96.0% |
| Operating profit (loss) | 9901 | €6,966 | €69,354 | +€62,388 | +896% |
| Financial income | 75/76B | €20 | €21 | +€0 | +1.6% |
| Recurring financial income | 75 | €20 | €21 | +€0 | +1.6% |
| Financial charges | 65/66B | €2,231 | €2,841 | +€610 | +27.3% |
| Recurring financial charges | 65 | €2,231 | €2,841 | +€610 | +27.3% |
| Profit (loss) for the period before taxes | 9903 | €4,755 | €66,534 | +€61,779 | +1,299% |
| Income taxes | 67/77 | €1,551 | €1,623 | +€73 | +4.7% |
| Profit (loss) for the period | 9904 | €3,205 | €64,910 | +€61,706 | +1,926% |
| Profit (loss) for the period to be appropriated | 9905 | €3,205 | €64,910 | +€61,706 | +1,926% |
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 21 October 2026 via checked.be.