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FORCE4GOOD: what changed

Two fiscal 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

FORCE4GOOD

BE 0801.457.253
NACE 46.180, Agents specialised in the wholesale of other particular products
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€5,671
2023 · -€8,083+€13,754
Equity
€88
2023 · -€5,583+€5,671
Cash
€630
2023 · €2,342-€1,712
Balance sheet total
€81,209
2023 · €25,300+€55,909

Largest movements

2023 to 2024
Assets
  • Tangible fixed assets +€55,995

    up €55,995 (+4474.8%), from €1,251 to €57,246

  • Receivables within one year +€5,316

    up €5,316 (+137.3%), from €3,872 to €9,188

    of which Other amounts receivable: +€4,536

  • Intangible fixed assets -€3,967

    down €3,967 (-22.2%), from €17,835 to €13,868

  • Cash -€1,712

    down €1,712 (-73.1%), from €2,342 to €630

    mainly Investment in fixed assets (net) (-€58,235) and Receivables within one year (-€5,316)

Equity and liabilities
  • Debts after one year +€32,550

    new in 2024: €32,550

  • Other debts +€9,108

    up €9,108 (+136.5%), from €6,672 to €15,779

  • Current portion of long-term debt +€7,450

    new in 2024: €7,450

  • Profit (loss) carried forward +€5,671

    up €5,671 (+70.2%), from -€8,083 to -€2,412

Income statement
  • Gross operating margin +€17,534

    up €17,534, from -€4,928 to €12,607

  • Depreciation +€4,007

    up €4,007 (+182.1%), from €2,200 to €6,207

  • Other operating charges -€178

    down €178 (-22.0%), from €806 to €629

From the 2023 result to the 2024 result

effect on the 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 -€8,083
Gross operating margin +€17,534
Depreciation -€4,007
Other operating charges +€178
Financial income +€0
Financial charges +€48
Result 2024 €5,671

Cash bridge derived

cash 2023 to 2024

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 +€16,523
Investment -€58,235
Financing +€40,000
Cash 2023 €2,342
Net result for the year +€5,671
Depreciation +€6,207
Receivables within one year -€5,316
Deferred charges and accrued income -€277
Trade debts +€744
Other debts +€9,108
Accrued charges and deferred income +€387
Investment in fixed assets (net) -€58,235
Debts after one year +€32,550
Current portion of long-term debt +€7,450
Cash 2024 €630
Every line side by side 35 lines
Line Code 2023 2024 Change %
Total assets 20/58 €25,300 €81,209 +€55,909 +221.0%
Fixed assets 21/28 €19,086 €71,114 +€52,028 +272.6%
Intangible fixed assets 21 €17,835 €13,868 -€3,967 -22.2%
Tangible fixed assets 22/27 €1,251 €57,246 +€55,995 +4474.8%
Furniture and vehicles 24 €1,251 €57,246 +€55,995 +4474.8%
Current assets 29/58 €6,213 €10,095 +€3,881 +62.5%
Amounts receivable within one year 40/41 €3,872 €9,188 +€5,316 +137.3%
Trade receivables 40 - €780 +€780
Other amounts receivable 41 €3,872 €8,408 +€4,536 +117.2%
Cash at bank and in hand 54/58 €2,342 €630 -€1,712 -73.1%
Deferred charges and accrued income 490/1 - €277 +€277
Total equity and liabilities 10/49 €25,300 €81,209 +€55,909 +221.0%
Equity 10/15 -€5,583 €88 +€5,671
Contributions 10/11 €2,500 €2,500 = 0.0%
Profit (loss) carried forward 14 -€8,083 -€2,412 +€5,671 +70.2%
Amounts payable 17/49 €30,882 €81,121 +€50,239 +162.7%
Amounts payable after more than one year 17 - €32,550 +€32,550
Financial debts 170/4 - €32,550 +€32,550
Amounts payable within one year 42/48 €30,882 €48,184 +€17,301 +56.0%
Current portion of amounts payable after more than one year 42 - €7,450 +€7,450
Trade debts 44 €24,211 €24,955 +€744 +3.1%
Suppliers 440/4 €24,211 €24,955 +€744 +3.1%
Other amounts payable 47/48 €6,672 €15,779 +€9,108 +136.5%
Accrued charges and deferred income 492/3 - €387 +€387
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €2,200 €6,207 +€4,007 +182.1%
Other operating charges 640/8 €806 €629 -€178 -22.0%
Gross operating margin 9900 -€4,928 €12,607 +€17,534
Operating profit (loss) 9901 -€7,934 €5,771 +€13,705
Financial income 75/76B - €0 +€0
Recurring financial income 75 - €0 +€0
Financial charges 65/66B €149 €101 -€48 -32.1%
Recurring financial charges 65 €149 €101 -€48 -32.1%
Profit (loss) for the period before taxes 9903 -€8,083 €5,671 +€13,754
Profit (loss) for the period 9904 -€8,083 €5,671 +€13,754
Profit (loss) for the period to be appropriated 9905 -€8,083 €5,671 +€13,754

Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.