4.com: 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.com
Largest movements
- Current investments -€2.3m
down €2.3m (-92.9%), from €2.5m to €178,558
- Cash +€2.0m
up €2.0m (+3588.2%), from €57,109 to €2.1m
mainly Current investments (+€2.3m) and Net result for the year (+€27,863)
- Receivables within one year +€283,652
up €283,652 (+8.2%), from €3.4m to €3.7m
No liability line moved by more than 1% of the balance sheet total.
- Financial income -€28,045
down €28,045 (-20.4%), from €137,161 to €109,116
- Gross operating margin +€23,385
up €23,385 (+31.3%), from -€74,665 to -€51,279
- Other operating charges +€10,271
up €10,271 (+909.4%), from €1,129 to €11,401
- Depreciation -€4,949
down €4,949 (-32.1%), from €15,420 to €10,471
- Financial charges -€1,127
down €1,127 (-13.2%), from €8,543 to €7,416
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.
Cash bridge derived
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 | €6,462,055 | €6,491,116 | +€29,061 | +0.4% |
| Fixed assets | 21/28 | €30,544 | €20,073 | -€10,471 | -34.3% |
| Tangible fixed assets | 22/27 | €20,944 | €10,473 | -€10,471 | -50.0% |
| Furniture and vehicles | 24 | €13,944 | €3,473 | -€10,471 | -75.1% |
| Other tangible fixed assets | 26 | €7,000 | €7,000 | = | 0.0% |
| Financial fixed assets | 28 | €9,600 | €9,600 | = | 0.0% |
| Current assets | 29/58 | €6,431,511 | €6,471,043 | +€39,532 | +0.6% |
| Amounts receivable within one year | 40/41 | €3,441,762 | €3,725,414 | +€283,652 | +8.2% |
| Other amounts receivable | 41 | €3,441,762 | €3,725,414 | +€283,652 | +8.2% |
| Current investments | 50/53 | €2,516,459 | €178,558 | -€2.3m | -92.9% |
| Cash at bank and in hand | 54/58 | €57,109 | €2,106,280 | +€2.0m | +3588.2% |
| Deferred charges and accrued income | 490/1 | €416,180 | €460,791 | +€44,610 | +10.7% |
| Total equity and liabilities | 10/49 | €6,462,055 | €6,491,116 | +€29,061 | +0.4% |
| Equity | 10/15 | €6,276,345 | €6,304,208 | +€27,863 | +0.4% |
| Contributions | 10/11 | €7,398,600 | €7,398,600 | = | 0.0% |
| Reserves | 13 | €0 | - | = | |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Profit (loss) carried forward | 14 | -€1,122,255 | -€1,094,392 | +€27,863 | +2.5% |
| Amounts payable | 17/49 | €185,710 | €186,908 | +€1,198 | +0.6% |
| Amounts payable within one year | 42/48 | €181,455 | €182,450 | +€994 | +0.5% |
| Trade debts | 44 | €899 | €2,855 | +€1,956 | +217.6% |
| Suppliers | 440/4 | €899 | €2,855 | +€1,956 | +217.6% |
| Taxes, remuneration and social security | 45 | €4,453 | €30 | -€4,423 | -99.3% |
| Taxes | 450/3 | €4,453 | €30 | -€4,423 | -99.3% |
| Other amounts payable | 47/48 | €176,103 | €179,564 | +€3,461 | +2.0% |
| Accrued charges and deferred income | 492/3 | €4,254 | €4,458 | +€204 | +4.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,420 | €10,471 | -€4,949 | -32.1% |
| Other operating charges | 640/8 | €1,129 | €11,401 | +€10,271 | +909.4% |
| Gross operating margin | 9900 | -€74,665 | -€51,279 | +€23,385 | +31.3% |
| Operating profit (loss) | 9901 | -€91,214 | -€73,151 | +€18,063 | +19.8% |
| Financial income | 75/76B | €137,161 | €109,116 | -€28,045 | -20.4% |
| Recurring financial income | 75 | €137,161 | €109,116 | -€28,045 | -20.4% |
| Financial charges | 65/66B | €8,543 | €7,416 | -€1,127 | -13.2% |
| Recurring financial charges | 65 | €8,543 | €7,416 | -€1,127 | -13.2% |
| Profit (loss) for the period before taxes | 9903 | €37,404 | €28,550 | -€8,854 | -23.7% |
| Income taxes | 67/77 | €941 | €687 | -€254 | -27.0% |
| Profit (loss) for the period | 9904 | €36,463 | €27,863 | -€8,600 | -23.6% |
| Profit (loss) for the period to be appropriated | 9905 | €36,463 | €27,863 | -€8,600 | -23.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.