BAC4U: 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.
BAC4U
Largest movements
- Tangible fixed assets +€48,897
up €48,897 (+205,797%), from €24 to €48,921
- Cash +€10,089
up €10,089 (+12.7%), from €79,306 to €89,395
mainly Net result for the year (+€78,887) and Debts after one year (+€23,272)
- Profit (loss) carried forward +€67,315
up €67,315 (+298%), from €22,599 to €89,914
- Other debts -€32,131
down €32,131 (-77.8%), from €41,312 to €9,180
- Debts after one year +€23,272
new in 2024: €23,272
- Contributions -€18,600
no longer reported in 2024 (was €18,600)
- Reserves +€11,572
new in 2024: €11,572
- Gross operating margin +€21,664
up €21,664 (+25.8%), from €83,958 to €105,621
- Depreciation +€4,094
up €4,094 (+207%), from €1,975 to €6,069
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.
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.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €96,674 | €154,814 | +€58,141 | +60.1% |
| Fixed assets | 21/28 | €24 | €48,921 | +€48,897 | +205,797% |
| Tangible fixed assets | 22/27 | €24 | €48,921 | +€48,897 | +205,797% |
| Furniture and vehicles | 24 | €24 | €48,921 | +€48,897 | +205,797% |
| Current assets | 29/58 | €96,650 | €105,893 | +€9,243 | +9.6% |
| Amounts receivable within one year | 40/41 | €16,517 | €15,141 | -€1,376 | -8.3% |
| Trade receivables | 40 | €16,517 | €14,605 | -€1,912 | -11.6% |
| Other amounts receivable | 41 | - | €536 | +€536 | |
| Cash at bank and in hand | 54/58 | €79,306 | €89,395 | +€10,089 | +12.7% |
| Deferred charges and accrued income | 490/1 | €827 | €1,357 | +€530 | +64.0% |
| Total equity and liabilities | 10/49 | €96,674 | €154,814 | +€58,141 | +60.1% |
| Equity | 10/15 | €41,199 | €101,486 | +€60,287 | +146% |
| Contributions | 10/11 | €18,600 | - | -€18,600 | |
| Reserves | 13 | - | €11,572 | +€11,572 | |
| Tax-exempt reserves | 132 | - | €11,572 | +€11,572 | |
| Profit (loss) carried forward | 14 | €22,599 | €89,914 | +€67,315 | +298% |
| Provisions and deferred taxes | 16 | - | €1,608 | +€1,608 | |
| Deferred taxes | 168 | - | €1,608 | +€1,608 | |
| Amounts payable | 17/49 | €55,475 | €51,721 | -€3,754 | -6.8% |
| Amounts payable after more than one year | 17 | - | €23,272 | +€23,272 | |
| Financial debts | 170/4 | - | €23,272 | +€23,272 | |
| Amounts payable within one year | 42/48 | €55,475 | €28,448 | -€27,027 | -48.7% |
| Financial debts | 43 | - | €8,351 | +€8,351 | |
| Other loans | 439 | - | €8,351 | +€8,351 | |
| Trade debts | 44 | €3,326 | €1,503 | -€1,823 | -54.8% |
| Suppliers | 440/4 | €3,326 | €1,503 | -€1,823 | -54.8% |
| Taxes, remuneration and social security | 45 | €10,837 | €9,414 | -€1,423 | -13.1% |
| Taxes | 450/3 | €10,837 | €9,414 | -€1,423 | -13.1% |
| Other amounts payable | 47/48 | €41,312 | €9,180 | -€32,131 | -77.8% |
| Non-recurring operating income | 76A | - | €16,474 | +€16,474 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,975 | €6,069 | +€4,094 | +207% |
| Other operating charges | 640/8 | €1,396 | €959 | -€437 | -31.3% |
| Gross operating margin | 9900 | €83,958 | €105,621 | +€21,664 | +25.8% |
| Operating profit (loss) | 9901 | €80,587 | €98,594 | +€18,007 | +22.3% |
| Financial income | 75/76B | €0 | €13 | +€13 | +12,700% |
| Recurring financial income | 75 | €0 | €13 | +€13 | +12,700% |
| Financial charges | 65/66B | €140 | €648 | +€508 | +362% |
| Recurring financial charges | 65 | €140 | €648 | +€508 | +362% |
| Profit (loss) for the period before taxes | 9903 | €80,447 | €97,959 | +€17,512 | +21.8% |
| Transfer from deferred taxes | 780 | - | €402 | +€402 | |
| Transfer to deferred taxes | 680 | - | €2,010 | +€2,010 | |
| Income taxes | 67/77 | €16,671 | €17,464 | +€793 | +4.8% |
| Profit (loss) for the period | 9904 | €63,775 | €78,887 | +€15,111 | +23.7% |
| Transfer from tax-exempt reserves | 789 | - | €2,893 | +€2,893 | |
| Transfer to tax-exempt reserves | 689 | - | €14,465 | +€14,465 | |
| Profit (loss) for the period to be appropriated | 9905 | €63,775 | €67,315 | +€3,540 | +5.6% |
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 13 October 2026 via checked.be.