4 SQUARE CONSULTING: 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 SQUARE CONSULTING
Largest movements
- Current investments -€332,008
no longer reported in 2025 (was €332,008)
- Tangible fixed assets -€55,115
down €55,115 (-19.5%), from €282,767 to €227,652
of which Furniture and vehicles: -€60,961
- Cash -€20,740
down €20,740 (-20.5%), from €101,253 to €80,513
mainly Other debts (-€354,705) and Debts after one year (-€61,390)
- Other debts -€354,705
down €354,705 (-89.9%), from €394,681 to €39,976
- Debts after one year -€61,390
down €61,390 (-33.0%), from €185,930 to €124,540
- Tax, wage and social debts +€18,138
up €18,138 (+18.4%), from €98,431 to €116,570
of which Remuneration and social security: +€18,262
- Trade debts -€10,410
down €10,410 (-86.3%), from €12,070 to €1,660
- Gross operating margin -€322,772
down €322,772 (-22.7%), from €1.4m to €1.1m
- Staff costs +€39,565
up €39,565 (+4.1%), from €964,460 to €1.0m
- Depreciation +€26,094
up €26,094 (+52.0%), from €50,172 to €76,267
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 | €911,273 | €487,630 | -€423,643 | -46.5% |
| Fixed assets | 21/28 | €282,767 | €227,652 | -€55,115 | -19.5% |
| Tangible fixed assets | 22/27 | €282,767 | €227,652 | -€55,115 | -19.5% |
| Plant, machinery and equipment | 23 | - | €5,846 | +€5,846 | |
| Furniture and vehicles | 24 | €282,767 | €221,806 | -€60,961 | -21.6% |
| Current assets | 29/58 | €628,506 | €259,978 | -€368,528 | -58.6% |
| Amounts receivable within one year | 40/41 | €182,172 | €175,232 | -€6,940 | -3.8% |
| Trade receivables | 40 | €166,270 | €153,163 | -€13,107 | -7.9% |
| Other amounts receivable | 41 | €15,902 | €22,070 | +€6,167 | +38.8% |
| Current investments | 50/53 | €332,008 | - | -€332,008 | |
| Cash at bank and in hand | 54/58 | €101,253 | €80,513 | -€20,740 | -20.5% |
| Deferred charges and accrued income | 490/1 | €13,073 | €4,233 | -€8,840 | -67.6% |
| Total equity and liabilities | 10/49 | €911,273 | €487,630 | -€423,643 | -46.5% |
| Equity | 10/15 | €120,786 | €114,715 | -€6,071 | -5.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €102,186 | €96,115 | -€6,071 | -5.9% |
| Distributable reserves | 133 | €102,186 | €96,115 | -€6,071 | -5.9% |
| Amounts payable | 17/49 | €790,488 | €372,915 | -€417,572 | -52.8% |
| Amounts payable after more than one year | 17 | €185,930 | €124,540 | -€61,390 | -33.0% |
| Financial debts | 170/4 | €185,930 | €124,540 | -€61,390 | -33.0% |
| Amounts payable within one year | 42/48 | €602,966 | €247,479 | -€355,488 | -59.0% |
| Current portion of amounts payable after more than one year | 42 | €97,784 | €89,273 | -€8,511 | -8.7% |
| Trade debts | 44 | €12,070 | €1,660 | -€10,410 | -86.3% |
| Suppliers | 440/4 | €12,070 | €1,660 | -€10,410 | -86.3% |
| Taxes, remuneration and social security | 45 | €98,431 | €116,570 | +€18,138 | +18.4% |
| Taxes | 450/3 | €124 | - | -€124 | |
| Remuneration and social security | 454/9 | €98,308 | €116,570 | +€18,262 | +18.6% |
| Other amounts payable | 47/48 | €394,681 | €39,976 | -€354,705 | -89.9% |
| Accrued charges and deferred income | 492/3 | €1,592 | €896 | -€695 | -43.7% |
| Remuneration, social security and pensions | 62 | €964,460 | €1,004,025 | +€39,565 | +4.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,172 | €76,267 | +€26,094 | +52.0% |
| Other operating charges | 640/8 | €5,780 | €2,353 | -€3,428 | -59.3% |
| Gross operating margin | 9900 | €1,421,543 | €1,098,772 | -€322,772 | -22.7% |
| Operating profit (loss) | 9901 | €401,130 | €16,127 | -€385,003 | -96.0% |
| Financial income | 75/76B | €11,462 | €5,219 | -€6,242 | -54.5% |
| Recurring financial income | 75 | €11,462 | €5,219 | -€6,242 | -54.5% |
| Financial charges | 65/66B | €15,344 | €15,532 | +€188 | +1.2% |
| Recurring financial charges | 65 | €15,344 | €15,532 | +€188 | +1.2% |
| Profit (loss) for the period before taxes | 9903 | €397,248 | €5,814 | -€391,433 | -98.5% |
| Income taxes | 67/77 | €21,049 | €11,885 | -€9,164 | -43.5% |
| Profit (loss) for the period | 9904 | €376,198 | -€6,071 | -€382,269 | |
| Profit (loss) for the period to be appropriated | 9905 | €376,198 | -€6,071 | -€382,269 |
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 15 October 2026 via checked.be.