ALL4: what changed
ALL4
Largest movements
- Stocks and contracts +€58,105
up €58,105 (+1,291%), from €4,502 to €62,607
of which Contracts in progress: +€39,000
- Cash +€24,142
up €24,142 (+332%), from €7,278 to €31,420
mainly Advances received (+€80,488) and Net result for the year (+€9,901)
- Tangible fixed assets -€4,867
down €4,867 (-4.0%), from €121,249 to €116,382
of which Land and buildings: -€4,496
- Receivables within one year +€3,737
up €3,737 (+218%), from €1,711 to €5,448
- Advances received +€80,488
new in 2025: €80,488
- Debts after one year -€11,052
down €11,052 (-18.4%), from €60,010 to €48,958
- Reserves +€10,000
up €10,000 (+27.5%), from €36,360 to €46,360
of which Distributable reserves: +€10,000
- Gross operating margin +€9,085
up €9,085 (+61.6%), from €14,738 to €23,823
- Taxes +€2,452
up €2,452 (+162%), from €1,518 to €3,970
- Other operating charges +€368
up €368 (+27.9%), from €1,317 to €1,685
- Financial charges -€318
down €318 (-10.5%), from €3,023 to €2,705
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €136,109 | €217,547 | +€81,438 | +59.8% |
| Fixed assets | 21/28 | €121,249 | €116,382 | -€4,867 | -4.0% |
| Tangible fixed assets | 22/27 | €121,249 | €116,382 | -€4,867 | -4.0% |
| Land and buildings | 22 | €118,532 | €114,036 | -€4,496 | -3.8% |
| Plant, machinery and equipment | 23 | €2,717 | €2,346 | -€371 | -13.7% |
| Current assets | 29/58 | €14,860 | €101,165 | +€86,305 | +581% |
| Stocks and contracts in progress | 3 | €4,502 | €62,607 | +€58,105 | +1,291% |
| Stocks | 30/36 | €502 | €19,607 | +€19,105 | +3,806% |
| Contracts in progress | 37 | €4,000 | €43,000 | +€39,000 | +975% |
| Amounts receivable within one year | 40/41 | €1,711 | €5,448 | +€3,737 | +218% |
| Other amounts receivable | 41 | €1,711 | €5,448 | +€3,737 | +218% |
| Cash at bank and in hand | 54/58 | €7,278 | €31,420 | +€24,142 | +332% |
| Deferred charges and accrued income | 490/1 | €1,369 | €1,690 | +€321 | +23.5% |
| Total equity and liabilities | 10/49 | €136,109 | €217,547 | +€81,438 | +59.8% |
| Equity | 10/15 | €48,921 | €58,822 | +€9,901 | +20.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Capital | 10 | €12,400 | €12,400 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €36,360 | €46,360 | +€10,000 | +27.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €34,500 | €44,500 | +€10,000 | +29.0% |
| Profit (loss) carried forward | 14 | €161 | €62 | -€99 | -61.6% |
| Amounts payable | 17/49 | €87,188 | €158,725 | +€71,537 | +82.0% |
| Amounts payable after more than one year | 17 | €60,010 | €48,958 | -€11,052 | -18.4% |
| Financial debts | 170/4 | €60,010 | €48,958 | -€11,052 | -18.4% |
| Amounts payable within one year | 42/48 | €27,178 | €109,767 | +€82,589 | +304% |
| Current portion of amounts payable after more than one year | 42 | €11,823 | €11,052 | -€771 | -6.5% |
| Trade debts | 44 | €2,445 | €3,765 | +€1,320 | +54.0% |
| Suppliers | 440/4 | €2,445 | €3,765 | +€1,320 | +54.0% |
| Advances received on contracts in progress | 46 | - | €80,488 | +€80,488 | |
| Taxes, remuneration and social security | 45 | €4,495 | €5,599 | +€1,104 | +24.6% |
| Taxes | 450/3 | €4,495 | €5,599 | +€1,104 | +24.6% |
| Other amounts payable | 47/48 | €8,415 | €8,863 | +€448 | +5.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,551 | €5,562 | +€11 | +0.2% |
| Other operating charges | 640/8 | €1,317 | €1,685 | +€368 | +27.9% |
| Gross operating margin | 9900 | €14,738 | €23,823 | +€9,085 | +61.6% |
| Operating profit (loss) | 9901 | €7,870 | €16,576 | +€8,706 | +111% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €3,023 | €2,705 | -€318 | -10.5% |
| Recurring financial charges | 65 | €3,023 | €2,705 | -€318 | -10.5% |
| Profit (loss) for the period before taxes | 9903 | €4,847 | €13,871 | +€9,024 | +186% |
| Income taxes | 67/77 | €1,518 | €3,970 | +€2,452 | +162% |
| Profit (loss) for the period | 9904 | €3,329 | €9,901 | +€6,572 | +197% |
| Profit (loss) for the period to be appropriated | 9905 | €3,329 | €9,901 | +€6,572 | +197% |
Next steps
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.