4 SEASON: 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 SEASON
Largest movements
- Stocks and contracts +€13,500
new in 2025: €13,500
- Receivables within one year +€10,891
new in 2025: €10,891
of which Trade receivables: +€10,253
- Cash -€537
down €537 (-9.5%), from €5,630 to €5,093
mainly Stocks and contracts (-€13,500) and Receivables within one year (-€10,891)
- Other debts +€11,011
new in 2025: €11,011
- Trade debts +€10,925
new in 2025: €10,925
- Profit (loss) carried forward +€2,001
up €2,001 (+62.6%), from €3,193 to €5,194
- Staff costs +€5,302
up €5,302 (+4,687%), from €113 to €5,415
- Gross operating margin +€3,257
up €3,257 (+66.6%), from €4,891 to €8,149
- Other operating charges -€1,023
no longer reported in 2025 (was €1,023)
- Taxes +€667
new in 2025: €667
- Financial charges -€495
down €495 (-88.2%), from €562 to €67
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 | €5,630 | €29,484 | +€23,854 | +424% |
| Current assets | 29/58 | €5,630 | €29,484 | +€23,854 | +424% |
| Stocks and contracts in progress | 3 | - | €13,500 | +€13,500 | |
| Contracts in progress | 37 | - | €13,500 | +€13,500 | |
| Amounts receivable within one year | 40/41 | - | €10,891 | +€10,891 | |
| Trade receivables | 40 | - | €10,253 | +€10,253 | |
| Other amounts receivable | 41 | - | €638 | +€638 | |
| Cash at bank and in hand | 54/58 | €5,630 | €5,093 | -€537 | -9.5% |
| Total equity and liabilities | 10/49 | €5,630 | €29,484 | +€23,854 | +424% |
| Equity | 10/15 | €4,693 | €6,694 | +€2,001 | +42.6% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,193 | €5,194 | +€2,001 | +62.6% |
| Amounts payable | 17/49 | €937 | €22,790 | +€21,853 | +2,333% |
| Amounts payable within one year | 42/48 | €937 | €22,790 | +€21,853 | +2,333% |
| Trade debts | 44 | - | €10,925 | +€10,925 | |
| Suppliers | 440/4 | - | €10,925 | +€10,925 | |
| Taxes, remuneration and social security | 45 | €937 | €854 | -€83 | -8.8% |
| Taxes | 450/3 | €937 | €854 | -€83 | -8.8% |
| Other amounts payable | 47/48 | - | €11,011 | +€11,011 | |
| Remuneration, social security and pensions | 62 | €113 | €5,415 | +€5,302 | +4,687% |
| Other operating charges | 640/8 | €1,023 | - | -€1,023 | |
| Gross operating margin | 9900 | €4,891 | €8,149 | +€3,257 | +66.6% |
| Operating profit (loss) | 9901 | €3,755 | €2,734 | -€1,021 | -27.2% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €562 | €67 | -€495 | -88.2% |
| Recurring financial charges | 65 | €562 | €67 | -€495 | -88.2% |
| Profit (loss) for the period before taxes | 9903 | €3,193 | €2,667 | -€526 | -16.5% |
| Income taxes | 67/77 | - | €667 | +€667 | |
| Profit (loss) for the period | 9904 | €3,193 | €2,001 | -€1,193 | -37.4% |
| Profit (loss) for the period to be appropriated | 9905 | €3,193 | €2,001 | -€1,193 | -37.4% |
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 30 October 2026 via checked.be.