4 BLUE: 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.
4 BLUE
Largest movements
- Intangible fixed assets +€45,014
new in 2025: €45,014
- Receivables within one year +€8,959
up €8,959 (+1,815%), from €494 to €9,453
of which Trade receivables: +€9,453
- Cash +€8,462
new in 2025: €8,462
mainly Net result for the year (+€40,606) and Tax, wage and social debts (+€16,912)
- Tangible fixed assets +€1,404
new in 2025: €1,404
- Profit (loss) carried forward +€40,606
up €40,606, from -€7,746 to €32,860
- Tax, wage and social debts +€16,912
new in 2025: €16,912
- Other debts +€4,460
new in 2025: €4,460
- Trade debts +€1,881
up €1,881 (+7,240%), from €26 to €1,907
- Gross operating margin +€60,850
up €60,850, from -€1,212 to €59,638
- Taxes +€12,672
new in 2025: €12,672
- Depreciation +€5,016
new in 2025: €5,016
- Financial income -€2,545
down €2,545 (-99.9%), from €2,546 to €1
- Financial charges +€1,041
up €1,041 (+599%), from €174 to €1,215
From the 2024 result to the 2025 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 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €494 | €64,332 | +€63,839 | +12,935% |
| Fixed assets | 21/28 | - | €46,417 | +€46,417 | |
| Intangible fixed assets | 21 | - | €45,014 | +€45,014 | |
| Tangible fixed assets | 22/27 | - | €1,404 | +€1,404 | |
| Plant, machinery and equipment | 23 | - | €1,404 | +€1,404 | |
| Current assets | 29/58 | €494 | €17,915 | +€17,422 | +3,530% |
| Amounts receivable within one year | 40/41 | €494 | €9,453 | +€8,959 | +1,815% |
| Trade receivables | 40 | - | €9,453 | +€9,453 | |
| Other amounts receivable | 41 | €494 | - | -€494 | |
| Cash at bank and in hand | 54/58 | - | €8,462 | +€8,462 | |
| Total equity and liabilities | 10/49 | €494 | €64,332 | +€63,839 | +12,935% |
| Equity | 10/15 | €254 | €40,860 | +€40,606 | +15,986% |
| Contributions | 10/11 | €8,000 | €8,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,746 | €32,860 | +€40,606 | |
| Amounts payable | 17/49 | €240 | €23,472 | +€23,233 | +9,700% |
| Amounts payable within one year | 42/48 | €46 | €23,278 | +€23,233 | +50,671% |
| Financial debts | 43 | €20 | - | -€20 | |
| Credit institutions | 430/8 | €20 | - | -€20 | |
| Trade debts | 44 | €26 | €1,907 | +€1,881 | +7,240% |
| Suppliers | 440/4 | €26 | €1,907 | +€1,881 | +7,240% |
| Taxes, remuneration and social security | 45 | - | €16,912 | +€16,912 | |
| Taxes | 450/3 | - | €16,912 | +€16,912 | |
| Other amounts payable | 47/48 | - | €4,460 | +€4,460 | |
| Accrued charges and deferred income | 492/3 | €194 | €194 | +€0 | +0.2% |
| Remuneration, social security and pensions | 62 | - | €131 | +€131 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €5,016 | +€5,016 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €105 | - | -€105 | |
| Other operating charges | 640/8 | €386 | - | -€386 | |
| Gross operating margin | 9900 | -€1,212 | €59,638 | +€60,850 | |
| Operating profit (loss) | 9901 | -€1,703 | €54,491 | +€56,194 | |
| Financial income | 75/76B | €2,546 | €1 | -€2,545 | -99.9% |
| Recurring financial income | 75 | €2,546 | €1 | -€2,545 | -99.9% |
| Financial charges | 65/66B | €174 | €1,215 | +€1,041 | +599% |
| Recurring financial charges | 65 | €174 | €1,215 | +€1,041 | +599% |
| Profit (loss) for the period before taxes | 9903 | €670 | €53,277 | +€52,608 | +7,856% |
| Income taxes | 67/77 | - | €12,672 | +€12,672 | |
| Profit (loss) for the period | 9904 | €670 | €40,606 | +€39,936 | +5,964% |
| Profit (loss) for the period to be appropriated | 9905 | €670 | €40,606 | +€39,936 | +5,964% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.