4 Dance: 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.
4 Dance
Largest movements
- Receivables within one year +€8,517
up €8,517 (+135.4%), from €6,290 to €14,807
of which Trade receivables: +€8,545
- Cash +€7,445
up €7,445 (+23.8%), from €31,239 to €38,684
mainly Net result for the year (+€28,857) and Tax, wage and social debts (+€421)
- Reserves +€15,857
up €15,857 (+116.6%), from €13,595 to €29,452
- Gross operating margin +€3,231
up €3,231 (+9.7%), from €33,436 to €36,667
- Taxes +€919
up €919 (+13.4%), from €6,835 to €7,754
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €37,529 | €53,491 | +€15,962 | +42.5% |
| Current assets | 29/58 | €37,529 | €53,491 | +€15,962 | +42.5% |
| Amounts receivable within one year | 40/41 | €6,290 | €14,807 | +€8,517 | +135.4% |
| Trade receivables | 40 | €6,262 | €14,807 | +€8,545 | +136.5% |
| Other amounts receivable | 41 | €29 | €0 | -€29 | -100.0% |
| Cash at bank and in hand | 54/58 | €31,239 | €38,684 | +€7,445 | +23.8% |
| Total equity and liabilities | 10/49 | €37,529 | €53,491 | +€15,962 | +42.5% |
| Equity | 10/15 | €13,695 | €29,552 | +€15,857 | +115.8% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €13,595 | €29,452 | +€15,857 | +116.6% |
| Distributable reserves | 133 | €13,595 | €29,452 | +€15,857 | +116.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €23,834 | €23,939 | +€105 | +0.4% |
| Amounts payable within one year | 42/48 | €23,834 | €23,727 | -€107 | -0.4% |
| Trade debts | 44 | €1,337 | €809 | -€528 | -39.5% |
| Suppliers | 440/4 | €1,337 | €809 | -€528 | -39.5% |
| Taxes, remuneration and social security | 45 | €9,497 | €9,918 | +€421 | +4.4% |
| Taxes | 450/3 | €9,497 | €9,918 | +€421 | +4.4% |
| Other amounts payable | 47/48 | €13,000 | €13,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €212 | +€212 | |
| Gross operating margin | 9900 | €33,436 | €36,667 | +€3,231 | +9.7% |
| Operating profit (loss) | 9901 | €33,436 | €36,667 | +€3,231 | +9.7% |
| Financial income | 75/76B | - | €3 | +€3 | |
| Recurring financial income | 75 | - | €3 | +€3 | |
| Financial charges | 65/66B | €7 | €59 | +€53 | +781.7% |
| Recurring financial charges | 65 | €7 | €59 | +€53 | +781.7% |
| Profit (loss) for the period before taxes | 9903 | €33,430 | €36,611 | +€3,181 | +9.5% |
| Income taxes | 67/77 | €6,835 | €7,754 | +€919 | +13.4% |
| Profit (loss) for the period | 9904 | €26,595 | €28,857 | +€2,263 | +8.5% |
| Profit (loss) for the period to be appropriated | 9905 | €26,595 | €28,857 | +€2,263 | +8.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.