4A's GROUP: 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.
4A's GROUP
Largest movements
- Receivables within one year +€84,758
up €84,758 (+39.0%), from €217,526 to €302,284
- Cash +€6,909
up €6,909 (+212.5%), from €3,252 to €10,161
mainly Net result for the year (+€91,019) and Trade debts (+€17,683)
- Profit (loss) carried forward +€91,019
up €91,019 (+57.7%), from €157,695 to €248,714
- Tax, wage and social debts -€19,554
down €19,554 (-37.6%), from €52,040 to €32,486
- Trade debts +€17,683
up €17,683 (+292.6%), from €6,043 to €23,726
- Short-term financial debts +€4,089
new in 2024: €4,089
- Gross operating margin +€49,173
up €49,173 (+92.3%), from €53,266 to €102,439
- Financial income +€15,752
new in 2024: €15,752
- Taxes +€15,626
up €15,626 (+142.4%), from €10,970 to €26,596
- Depreciation -€2,755
no longer reported in 2024 (was €2,755)
From the 2023 result to the 2024 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.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €220,778 | €314,014 | +€93,237 | +42.2% |
| Current assets | 29/58 | €220,778 | €314,014 | +€93,237 | +42.2% |
| Amounts receivable within one year | 40/41 | €217,526 | €302,284 | +€84,758 | +39.0% |
| Other amounts receivable | 41 | €217,526 | €302,284 | +€84,758 | +39.0% |
| Cash at bank and in hand | 54/58 | €3,252 | €10,161 | +€6,909 | +212.5% |
| Deferred charges and accrued income | 490/1 | - | €1,569 | +€1,569 | |
| Total equity and liabilities | 10/49 | €220,778 | €314,014 | +€93,237 | +42.2% |
| Equity | 10/15 | €162,695 | €253,714 | +€91,019 | +55.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €157,695 | €248,714 | +€91,019 | +57.7% |
| Amounts payable | 17/49 | €58,083 | €60,300 | +€2,217 | +3.8% |
| Amounts payable within one year | 42/48 | €58,083 | €60,300 | +€2,217 | +3.8% |
| Financial debts | 43 | - | €4,089 | +€4,089 | |
| Credit institutions | 430/8 | - | €4,089 | +€4,089 | |
| Trade debts | 44 | €6,043 | €23,726 | +€17,683 | +292.6% |
| Suppliers | 440/4 | €6,043 | €23,726 | +€17,683 | +292.6% |
| Taxes, remuneration and social security | 45 | €52,040 | €32,486 | -€19,554 | -37.6% |
| Taxes | 450/3 | €52,040 | €32,486 | -€19,554 | -37.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,755 | - | -€2,755 | |
| Other operating charges | 640/8 | - | €209 | +€209 | |
| Gross operating margin | 9900 | €53,266 | €102,439 | +€49,173 | +92.3% |
| Operating profit (loss) | 9901 | €50,511 | €102,231 | +€51,720 | +102.4% |
| Financial income | 75/76B | - | €15,752 | +€15,752 | |
| Recurring financial income | 75 | - | €15,752 | +€15,752 | |
| Financial charges | 65/66B | €177 | €367 | +€190 | +107.2% |
| Recurring financial charges | 65 | €177 | €367 | +€190 | +107.2% |
| Profit (loss) for the period before taxes | 9903 | €50,334 | €117,615 | +€67,281 | +133.7% |
| Income taxes | 67/77 | €10,970 | €26,596 | +€15,626 | +142.4% |
| Profit (loss) for the period | 9904 | €39,363 | €91,019 | +€51,656 | +131.2% |
| Profit (loss) for the period to be appropriated | 9905 | €39,363 | €91,019 | +€51,656 | +131.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.