A.forall 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.
What changed
A.forall Group
NACE 82.990, Other business support services
financial year 2024 compared with 2023filed annual accounts (NBB)
Net result for the year
-€16.1m
2023 · €43.5m-€59.7m
Equity
€127.0m
2023 · €143.1m-€16.1m
Cash
€79,966
2023 · €878,627-€798,661
Balance sheet total
€156.6m
2023 · €214.2m-€57.6m
Largest movements
Assets
- Financial fixed assets -€59.4m
down €59.4m (-28.2%), from €210.3m to €151.0m
of which Affiliated companies: -€59.4m
- Receivables within one year +€2.7m
up €2.7m (+119%), from €2.3m to €5.0m
of which Other amounts receivable: +€2.7m
Equity and liabilities
- Other debts -€37.2m
no longer reported in 2024 (was €37.2m)
- Profit (loss) carried forward -€16.1m
down €16.1m (-56.3%), from €28.6m to €12.5m
- Debts after one year -€3.5m
down €3.5m (-14.3%), from €24.5m to €21.0m
- Short-term financial debts -€3.3m
down €3.3m (-52.4%), from €6.3m to €3.0m
- Current portion of long-term debt +€2.6m
up €2.6m (+300%), from €875,000 to €3.5m
Income statement
- Financial charges +€59.4m
up €59.4m (+1,446%), from €4.1m to €63.5m
of which Non-recurring financial charges: +€59.4m
- Services and other goods +€2.4m
up €2.4m (+43.1%), from €5.5m to €7.9m
- Turnover +€1.3m
up €1.3m (+23.5%), from €5.6m to €6.9m
- Financial income +€839,112
up €839,112 (+1.7%), from €48.6m to €49.4m
of which Financial income: +€49.0m
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.
Result 2023
€43.5m
Turnover
+€1.3m
Other operating income
-€8,730
Services and other goods
-€2.4m
Staff costs
-€36,746
Depreciation
-€8,522
Other operating charges
+€29,785
Financial income
+€839,112
Financial charges
-€59.4m
Taxes
+€1,014
Result 2024
-€16.1m
raises the resultlowers the result
Derived cash bridge
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.
From operations
-€56.0m
Investment
+€59.3m
Financing
-€4.2m
Cash 2023
€878,627
From operations (derived)
-€56.0m
Net result for the year
-€16.1m
Depreciation
+€193,384
Receivables within one year
-€2.7m
Smaller working-capital items
-€133,665
Other debts
-€37.2m
Investment (derived)
+€59.3m
Investment in fixed assets (net)
+€59.3m
Financing
-€4.2m
Debts after one year
-€3.5m
Current portion of long-term debt
+€2.6m
Short-term financial debts
-€3.3m
Cash 2024
€79,966
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €214,180,675 | €156,582,945 | -€57.6m | -26.9% |
| Fixed assets | 21/28 | €210,929,349 | €151,391,139 | -€59.5m | -28.2% |
| Intangible fixed assets | 21 | €459,365 | €320,329 | -€139,036 | -30.3% |
| Tangible fixed assets | 22/27 | €125,164 | €118,267 | -€6,898 | -5.5% |
| Plant, machinery and equipment | 23 | €26,584 | €22,763 | -€3,821 | -14.4% |
| Furniture and vehicles | 24 | €11,195 | €9,224 | -€1,971 | -17.6% |
| Other tangible fixed assets | 26 | €87,385 | €86,279 | -€1,106 | -1.3% |
| Financial fixed assets | 28 | €210,344,820 | €150,952,543 | -€59.4m | -28.2% |
| Affiliated companies | 280/1 | €210,344,165 | €150,951,888 | -€59.4m | -28.2% |
| Participating interests | 280 | €210,344,165 | €150,951,888 | -€59.4m | -28.2% |
| Other financial fixed assets | 284/8 | €655 | €655 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €655 | €655 | = | 0.0% |
| Current assets | 29/58 | €3,251,326 | €5,191,807 | +€1.9m | +59.7% |
| Amounts receivable within one year | 40/41 | €2,262,101 | €4,964,614 | +€2.7m | +119% |
| Trade receivables | 40 | €2,186,457 | €2,170,131 | -€16,326 | -0.7% |
| Other amounts receivable | 41 | €75,645 | €2,794,483 | +€2.7m | +3,594% |
| Cash at bank and in hand | 54/58 | €878,627 | €79,966 | -€798,661 | -90.9% |
| Deferred charges and accrued income | 490/1 | €110,598 | €147,227 | +€36,630 | +33.1% |
| Total equity and liabilities | 10/49 | €214,180,675 | €156,582,945 | -€57.6m | -26.9% |
| Equity | 10/15 | €143,096,719 | €126,986,079 | -€16.1m | -11.3% |
| Contributions | 10/11 | €112,948,581 | €112,948,581 | = | 0.0% |
| Capital | 10 | €112,948,581 | €112,948,581 | = | 0.0% |
| Issued capital | 100 | €112,948,581 | €112,948,581 | = | 0.0% |
| Reserves | 13 | €1,507,407 | €1,507,407 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,507,407 | €1,507,407 | = | 0.0% |
| Legal reserve | 130 | €1,507,407 | €1,507,407 | = | 0.0% |
| Profit (loss) carried forward | 14 | €28,640,731 | €12,530,091 | -€16.1m | -56.3% |
| Amounts payable | 17/49 | €71,083,956 | €29,596,866 | -€41.5m | -58.4% |
| Amounts payable after more than one year | 17 | €24,467,109 | €20,967,109 | -€3.5m | -14.3% |
| Financial debts | 170/4 | €24,467,109 | €20,967,109 | -€3.5m | -14.3% |
| Subordinated loans | 170 | €2,015,859 | €2,015,859 | = | 0.0% |
| Credit institutions | 173 | €22,451,250 | €18,951,250 | -€3.5m | -15.6% |
| Amounts payable within one year | 42/48 | €46,312,372 | €8,293,917 | -€38.0m | -82.1% |
| Current portion of amounts payable after more than one year | 42 | €875,000 | €3,500,000 | +€2.6m | +300% |
| Financial debts | 43 | €6,300,000 | €3,000,000 | -€3.3m | -52.4% |
| Credit institutions | 430/8 | €6,300,000 | €3,000,000 | -€3.3m | -52.4% |
| Trade debts | 44 | €1,753,261 | €1,637,430 | -€115,832 | -6.6% |
| Suppliers | 440/4 | €1,753,261 | €1,637,430 | -€115,832 | -6.6% |
| Taxes, remuneration and social security | 45 | €169,057 | €156,488 | -€12,569 | -7.4% |
| Taxes | 450/3 | €507 | €41,235 | +€40,728 | +8,033% |
| Remuneration and social security | 454/9 | €168,550 | €115,252 | -€53,297 | -31.6% |
| Other amounts payable | 47/48 | €37,215,054 | - | -€37.2m | |
| Accrued charges and deferred income | 492/3 | €304,475 | €335,840 | +€31,365 | +10.3% |
| Operating income | 70/76A | €5,698,113 | €7,008,486 | +€1.3m | +23.0% |
| Turnover | 70 | €5,619,770 | €6,938,873 | +€1.3m | +23.5% |
| Other operating income | 74 | €78,343 | €69,613 | -€8,730 | -11.1% |
| Operating charges | 60/66A | €6,633,105 | €9,035,028 | +€2.4m | +36.2% |
| Services and other goods | 61 | €5,541,942 | €7,928,382 | +€2.4m | +43.1% |
| Remuneration, social security and pensions | 62 | €798,069 | €834,815 | +€36,746 | +4.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €184,862 | €193,384 | +€8,522 | +4.6% |
| Other operating charges | 640/8 | €108,232 | €78,447 | -€29,785 | -27.5% |
| Operating profit (loss) | 9901 | -€934,991 | -€2,026,542 | -€1.1m | -117% |
| Financial income | 75/76B | €48,591,509 | €49,430,621 | +€839,112 | +1.7% |
| Recurring financial income | 75 | €5,089 | €49,002,972 | +€49.0m | +962,776% |
| Income from financial fixed assets | 750 | - | €49,000,000 | +€49.0m | |
| Income from current assets | 751 | €1,108 | €416 | -€692 | -62.5% |
| Other financial income | 752/9 | €3,981 | €2,556 | -€1,425 | -35.8% |
| Non-recurring financial income | 76B | €48,586,420 | €427,649 | -€48.2m | -99.1% |
| Financial charges | 65/66B | €4,108,563 | €63,515,227 | +€59.4m | +1,446% |
| Recurring financial charges | 65 | €4,108,563 | €4,122,950 | +€14,387 | +0.4% |
| Debt charges | 650 | €4,074,068 | €3,851,632 | -€222,436 | -5.5% |
| Other financial charges | 652/9 | €34,495 | €271,318 | +€236,823 | +687% |
| Non-recurring financial charges | 66B | - | €59,392,277 | +€59.4m | |
| Profit (loss) for the period before taxes | 9903 | €43,547,955 | -€16,111,147 | -€59.7m | |
| Income taxes | 67/77 | €507 | -€507 | -€1,014 | |
| Taxes | 670/3 | €507 | - | -€507 | |
| Tax adjustments and reversals of tax provisions | 77 | - | €507 | +€507 | |
| Profit (loss) for the period | 9904 | €43,547,448 | -€16,110,640 | -€59.7m | |
| Profit (loss) for the period to be appropriated | 9905 | €43,547,448 | -€16,110,640 | -€59.7m |
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 16 October 2026 via checked.be.