4 SOLES: 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 SOLES
Largest movements
- Tangible fixed assets -€14,671
down €14,671 (-7.0%), from €209,159 to €194,489
of which Land and buildings: -€13,229
- Cash +€5,521
up €5,521 (+35.1%), from €15,745 to €21,266
mainly Depreciation (+€14,671) and Deferred charges and accrued income (+€855)
- Profit (loss) carried forward -€4,313
down €4,313 (-8.7%), from €49,644 to €45,331
- Other debts -€4,000
down €4,000 (-22.1%), from €18,110 to €14,110
- Gross operating margin -€4,603
down €4,603 (-21.3%), from €21,629 to €17,025
- Other operating charges -€564
down €564 (-8.3%), from €6,786 to €6,221
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 | €240,591 | €232,472 | -€8,120 | -3.4% |
| Fixed assets | 21/28 | €209,159 | €194,489 | -€14,671 | -7.0% |
| Tangible fixed assets | 22/27 | €209,159 | €194,489 | -€14,671 | -7.0% |
| Land and buildings | 22 | €192,427 | €179,198 | -€13,229 | -6.9% |
| Plant, machinery and equipment | 23 | €16,732 | €15,291 | -€1,441 | -8.6% |
| Current assets | 29/58 | €31,432 | €37,983 | +€6,551 | +20.8% |
| Amounts receivable within one year | 40/41 | €13,143 | €15,027 | +€1,884 | +14.3% |
| Other amounts receivable | 41 | €13,143 | €15,027 | +€1,884 | +14.3% |
| Cash at bank and in hand | 54/58 | €15,745 | €21,266 | +€5,521 | +35.1% |
| Deferred charges and accrued income | 490/1 | €2,545 | €1,690 | -€855 | -33.6% |
| Total equity and liabilities | 10/49 | €240,591 | €232,472 | -€8,120 | -3.4% |
| Equity | 10/15 | €85,944 | €81,631 | -€4,313 | -5.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €16,300 | €16,300 | = | 0.0% |
| Distributable reserves | 133 | €16,300 | €16,300 | = | 0.0% |
| Profit (loss) carried forward | 14 | €49,644 | €45,331 | -€4,313 | -8.7% |
| Amounts payable | 17/49 | €154,648 | €150,840 | -€3,807 | -2.5% |
| Amounts payable after more than one year | 17 | €134,749 | €134,749 | = | 0.0% |
| Other amounts payable | 178/9 | €134,749 | €134,749 | = | 0.0% |
| Amounts payable within one year | 42/48 | €19,770 | €15,967 | -€3,804 | -19.2% |
| Trade debts | 44 | €1,210 | €1,347 | +€136 | +11.3% |
| Suppliers | 440/4 | €1,210 | €1,347 | +€136 | +11.3% |
| Taxes, remuneration and social security | 45 | €450 | €510 | +€60 | +13.3% |
| Taxes | 450/3 | €450 | €510 | +€60 | +13.3% |
| Other amounts payable | 47/48 | €18,110 | €14,110 | -€4,000 | -22.1% |
| Accrued charges and deferred income | 492/3 | €129 | €125 | -€4 | -2.9% |
| Non-recurring operating income | 76A | €1,253 | - | -€1,253 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,558 | €14,671 | +€112 | +0.8% |
| Other operating charges | 640/8 | €6,786 | €6,221 | -€564 | -8.3% |
| Gross operating margin | 9900 | €21,629 | €17,025 | -€4,603 | -21.3% |
| Operating profit (loss) | 9901 | €285 | -€3,866 | -€4,151 | |
| Financial charges | 65/66B | €460 | €446 | -€13 | -2.9% |
| Recurring financial charges | 65 | €460 | €446 | -€13 | -2.9% |
| Profit (loss) for the period before taxes | 9903 | -€175 | -€4,313 | -€4,138 | -2,369% |
| Profit (loss) for the period | 9904 | -€175 | -€4,313 | -€4,138 | -2,369% |
| Profit (loss) for the period to be appropriated | 9905 | -€175 | -€4,313 | -€4,138 | -2,369% |
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 21 October 2026 via checked.be.