ALTAK: 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.
ALTAK
Largest movements
- Cash +€37,673
up €37,673 (+519%), from €7,256 to €44,929
mainly Receivables within one year (+€36,517) and Depreciation (+€7,694)
- Receivables within one year -€36,517
down €36,517 (-65.9%), from €55,439 to €18,922
of which Trade receivables: -€37,477
- Tangible fixed assets -€7,694
down €7,694 (-31.3%), from €24,582 to €16,888
of which Plant, machinery and equipment: -€6,000
- Debts after one year -€10,000
no longer reported in 2025 (was €10,000)
- Trade debts +€4,059
up €4,059 (+52.6%), from €7,719 to €11,778
- Write-downs +€4,894
new in 2025: €4,894
- Gross operating margin +€2,686
up €2,686 (+4.5%), from €59,255 to €61,941
- Staff costs -€2,450
down €2,450 (-5.0%), from €49,129 to €46,679
- Depreciation +€1,344
up €1,344 (+21.2%), from €6,350 to €7,694
- Financial charges -€633
down €633 (-44.1%), from €1,437 to €804
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 | €87,412 | €80,874 | -€6,538 | -7.5% |
| Fixed assets | 21/28 | €24,717 | €17,023 | -€7,694 | -31.1% |
| Tangible fixed assets | 22/27 | €24,582 | €16,888 | -€7,694 | -31.3% |
| Plant, machinery and equipment | 23 | €19,895 | €13,895 | -€6,000 | -30.2% |
| Furniture and vehicles | 24 | €4,687 | €2,993 | -€1,694 | -36.1% |
| Financial fixed assets | 28 | €135 | €135 | = | 0.0% |
| Current assets | 29/58 | €62,695 | €63,851 | +€1,156 | +1.8% |
| Amounts receivable within one year | 40/41 | €55,439 | €18,922 | -€36,517 | -65.9% |
| Trade receivables | 40 | €54,587 | €17,110 | -€37,477 | -68.7% |
| Other amounts receivable | 41 | €852 | €1,812 | +€960 | +113% |
| Cash at bank and in hand | 54/58 | €7,256 | €44,929 | +€37,673 | +519% |
| Total equity and liabilities | 10/49 | €87,412 | €80,874 | -€6,538 | -7.5% |
| Equity | 10/15 | €48,266 | €48,683 | +€417 | +0.9% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €42,069 | €42,486 | +€417 | +1.0% |
| Distributable reserves | 133 | €42,069 | €42,486 | +€417 | +1.0% |
| Amounts payable | 17/49 | €39,146 | €32,191 | -€6,955 | -17.8% |
| Amounts payable after more than one year | 17 | €10,000 | - | -€10,000 | |
| Financial debts | 170/4 | €10,000 | - | -€10,000 | |
| Amounts payable within one year | 42/48 | €28,533 | €31,928 | +€3,395 | +11.9% |
| Current portion of amounts payable after more than one year | 42 | €10,000 | €10,000 | = | 0.0% |
| Trade debts | 44 | €7,719 | €11,778 | +€4,059 | +52.6% |
| Suppliers | 440/4 | €7,719 | €11,778 | +€4,059 | +52.6% |
| Taxes, remuneration and social security | 45 | €10,709 | €10,045 | -€664 | -6.2% |
| Taxes | 450/3 | €1,197 | €186 | -€1,011 | -84.5% |
| Remuneration and social security | 454/9 | €9,512 | €9,859 | +€347 | +3.6% |
| Other amounts payable | 47/48 | €105 | €105 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €613 | €263 | -€350 | -57.1% |
| Remuneration, social security and pensions | 62 | €49,129 | €46,679 | -€2,450 | -5.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,350 | €7,694 | +€1,344 | +21.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €4,894 | +€4,894 | |
| Other operating charges | 640/8 | €1,259 | €1,267 | +€8 | +0.6% |
| Gross operating margin | 9900 | €59,255 | €61,941 | +€2,686 | +4.5% |
| Operating profit (loss) | 9901 | €2,517 | €1,407 | -€1,110 | -44.1% |
| Financial income | 75/76B | €13 | - | -€13 | |
| Recurring financial income | 75 | €13 | - | -€13 | |
| Financial charges | 65/66B | €1,437 | €804 | -€633 | -44.1% |
| Recurring financial charges | 65 | €1,437 | €804 | -€633 | -44.1% |
| Profit (loss) for the period before taxes | 9903 | €1,093 | €603 | -€490 | -44.8% |
| Income taxes | 67/77 | €339 | €186 | -€153 | -45.1% |
| Profit (loss) for the period | 9904 | €754 | €417 | -€337 | -44.7% |
| Profit (loss) for the period to be appropriated | 9905 | €754 | €417 | -€337 | -44.7% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.