GENERATION4 CARE: what changed
What changed
GENERATION4 CARE
NACE 78.200, Temporary employment agencies and other provision of personnel
filed annual accounts (NBB)
Net result for the year
€346,298
2024 · €225,408+€120,890
Equity
€235,437
2024 · €139,140+€96,298
Cash
€477,463
2024 · €220,419+€257,044
Balance sheet total
€1.5m
2024 · €1.3m+€197,896
Largest movements
Assets
- Cash +€257,044
up €257,044 (+117%), from €220,419 to €477,463
mainly Net result for the year (+€346,298) and Trade debts (+€162,462)
- Receivables within one year -€35,946
down €35,946 (-3.5%), from €1.0m to €1.0m
of which Trade receivables: -€55,415
- Deferred charges and accrued income -€20,660
no longer reported in 2025 (was €20,660)
Equity and liabilities
- Trade debts +€162,462
up €162,462 (+37.7%), from €431,112 to €593,574
- Other debts +€150,000
up €150,000 (+150%), from €100,000 to €250,000
- Tax, wage and social debts -€110,863
down €110,863 (-35.4%), from €313,037 to €202,174
of which Remuneration and social security: -€68,563
- Short-term financial debts -€100,000
down €100,000 (-33.3%), from €300,000 to €200,000
of which Credit institutions: -€100,000
- Profit (loss) carried forward +€96,298
up €96,298 (+330%), from €29,140 to €125,437
Income statement
- Gross operating margin +€129,826
up €129,826 (+5.8%), from €2.2m to €2.4m
- Write-downs +€54,812
new in 2025: €54,812
- Staff costs -€28,544
down €28,544 (-1.6%), from €1.8m to €1.8m
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€225,408
Gross operating margin
+€129,826
Staff costs
+€28,544
Depreciation
+€11
Write-downs
-€54,812
Other operating charges
-€1,238
Other operating items
-€448
Financial income
+€93
Financial charges
+€3,380
Taxes
+€15,534
Result 2025
€346,298
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€606,596
Investment
+€448
Financing
-€350,000
Cash 2024
€220,419
From operations (derived)
+€606,596
Net result for the year
+€346,298
Depreciation
+€2,094
Receivables within one year
+€35,946
Deferred charges and accrued income
+€20,660
Trade debts
+€162,462
Tax, wage and social debts
-€110,863
Other debts
+€150,000
Investment (derived)
+€448
Investment in fixed assets (net)
+€448
Financing
-€350,000
Short-term financial debts
-€100,000
Contributions, distributions and other
-€250,000
Cash 2025
€477,463
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,283,289 | €1,481,185 | +€197,896 | +15.4% |
| Fixed assets | 21/28 | €4,229 | €1,688 | -€2,542 | -60.1% |
| Tangible fixed assets | 22/27 | €4,109 | €1,568 | -€2,542 | -61.9% |
| Plant, machinery and equipment | 23 | €4,109 | €1,568 | -€2,542 | -61.9% |
| Financial fixed assets | 28 | €120 | €120 | = | 0.0% |
| Current assets | 29/58 | €1,279,060 | €1,479,498 | +€200,438 | +15.7% |
| Amounts receivable within one year | 40/41 | €1,037,980 | €1,002,034 | -€35,946 | -3.5% |
| Trade receivables | 40 | €1,037,980 | €982,565 | -€55,415 | -5.3% |
| Other amounts receivable | 41 | - | €19,470 | +€19,470 | |
| Cash at bank and in hand | 54/58 | €220,419 | €477,463 | +€257,044 | +117% |
| Deferred charges and accrued income | 490/1 | €20,660 | - | -€20,660 | |
| Total equity and liabilities | 10/49 | €1,283,289 | €1,481,185 | +€197,896 | +15.4% |
| Equity | 10/15 | €139,140 | €235,437 | +€96,298 | +69.2% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €10,000 | €10,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Legal reserve | 130 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €29,140 | €125,437 | +€96,298 | +330% |
| Amounts payable | 17/49 | €1,144,149 | €1,245,748 | +€101,598 | +8.9% |
| Amounts payable within one year | 42/48 | €1,144,149 | €1,245,748 | +€101,598 | +8.9% |
| Financial debts | 43 | €300,000 | €200,000 | -€100,000 | -33.3% |
| Credit institutions | 430/8 | €100,000 | - | -€100,000 | |
| Other loans | 439 | €200,000 | €200,000 | = | 0.0% |
| Trade debts | 44 | €431,112 | €593,574 | +€162,462 | +37.7% |
| Suppliers | 440/4 | €431,112 | €593,574 | +€162,462 | +37.7% |
| Taxes, remuneration and social security | 45 | €313,037 | €202,174 | -€110,863 | -35.4% |
| Taxes | 450/3 | €79,663 | €37,363 | -€42,300 | -53.1% |
| Remuneration and social security | 454/9 | €233,374 | €164,811 | -€68,563 | -29.4% |
| Other amounts payable | 47/48 | €100,000 | €250,000 | +€150,000 | +150% |
| Remuneration, social security and pensions | 62 | €1,824,043 | €1,795,499 | -€28,544 | -1.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,105 | €2,094 | -€11 | -0.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €54,812 | +€54,812 | |
| Other operating charges | 640/8 | €673 | €1,911 | +€1,238 | +184% |
| Non-recurring operating charges | 66A | - | €448 | +€448 | |
| Gross operating margin | 9900 | €2,226,857 | €2,356,683 | +€129,826 | +5.8% |
| Operating profit (loss) | 9901 | €400,037 | €501,919 | +€101,883 | +25.5% |
| Financial income | 75/76B | €0 | €93 | +€93 | +462,850% |
| Recurring financial income | 75 | €0 | €93 | +€93 | +462,850% |
| Financial charges | 65/66B | €78,885 | €75,505 | -€3,380 | -4.3% |
| Recurring financial charges | 65 | €78,885 | €75,505 | -€3,380 | -4.3% |
| Profit (loss) for the period before taxes | 9903 | €321,151 | €426,507 | +€105,355 | +32.8% |
| Income taxes | 67/77 | €95,743 | €80,209 | -€15,534 | -16.2% |
| Profit (loss) for the period | 9904 | €225,408 | €346,298 | +€120,890 | +53.6% |
| Profit (loss) for the period to be appropriated | 9905 | €225,408 | €346,298 | +€120,890 | +53.6% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.