4 TEC BELGIUM: 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 TEC BELGIUM
Largest movements
- Tangible fixed assets -€18,881
down €18,881 (-21.4%), from €88,183 to €69,302
of which Plant, machinery and equipment: -€16,508
- Deferred charges and accrued income +€1,121
up €1,121 (+340%), from €330 to €1,451
- Debts after one year +€140,000
new in 2025: €140,000
- Other debts -€130,751
down €130,751 (-97.5%), from €134,083 to €3,333
- Profit (loss) carried forward -€28,686
down €28,686 (-48.0%), from -€59,719 to -€88,405
- Trade debts +€1,269
up €1,269 (+18.3%), from €6,924 to €8,193
- Gross operating margin -€13,531
down €13,531, from €7,830 to -€5,701
- Other operating charges +€2,845
up €2,845 (+344%), from €827 to €3,673
- Depreciation -€218
down €218 (-1.1%), from €19,099 to €18,881
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 | €101,988 | €84,147 | -€17,841 | -17.5% |
| Fixed assets | 21/28 | €88,183 | €69,302 | -€18,881 | -21.4% |
| Tangible fixed assets | 22/27 | €88,183 | €69,302 | -€18,881 | -21.4% |
| Plant, machinery and equipment | 23 | €81,604 | €65,096 | -€16,508 | -20.2% |
| Furniture and vehicles | 24 | €6,579 | €4,206 | -€2,373 | -36.1% |
| Current assets | 29/58 | €13,805 | €14,845 | +€1,040 | +7.5% |
| Amounts receivable within one year | 40/41 | €11,868 | €12,466 | +€598 | +5.0% |
| Trade receivables | 40 | €10,500 | €10,000 | -€500 | -4.8% |
| Other amounts receivable | 41 | €1,368 | €2,466 | +€1,098 | +80.2% |
| Cash at bank and in hand | 54/58 | €1,607 | €928 | -€679 | -42.3% |
| Deferred charges and accrued income | 490/1 | €330 | €1,451 | +€1,121 | +340% |
| Total equity and liabilities | 10/49 | €101,988 | €84,147 | -€17,841 | -17.5% |
| Equity | 10/15 | -€39,275 | -€67,961 | -€28,686 | -73.0% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,852 | €1,852 | = | 0.0% |
| Distributable reserves | 133 | €1,852 | €1,852 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€59,719 | -€88,405 | -€28,686 | -48.0% |
| Amounts payable | 17/49 | €141,263 | €152,108 | +€10,845 | +7.7% |
| Amounts payable after more than one year | 17 | - | €140,000 | +€140,000 | |
| Other amounts payable | 178/9 | - | €140,000 | +€140,000 | |
| Amounts payable within one year | 42/48 | €141,263 | €12,108 | -€129,155 | -91.4% |
| Trade debts | 44 | €6,924 | €8,193 | +€1,269 | +18.3% |
| Suppliers | 440/4 | €6,924 | €8,193 | +€1,269 | +18.3% |
| Taxes, remuneration and social security | 45 | €256 | €582 | +€326 | +127% |
| Taxes | 450/3 | €256 | €582 | +€326 | +127% |
| Other amounts payable | 47/48 | €134,083 | €3,333 | -€130,751 | -97.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,099 | €18,881 | -€218 | -1.1% |
| Other operating charges | 640/8 | €827 | €3,673 | +€2,845 | +344% |
| Gross operating margin | 9900 | €7,830 | -€5,701 | -€13,531 | |
| Operating profit (loss) | 9901 | -€12,097 | -€28,255 | -€16,158 | -134% |
| Financial income | 75/76B | €0 | €2 | +€1 | +276% |
| Recurring financial income | 75 | €0 | €2 | +€1 | +276% |
| Financial charges | 65/66B | €150 | €163 | +€12 | +8.3% |
| Recurring financial charges | 65 | €150 | €163 | +€12 | +8.3% |
| Profit (loss) for the period before taxes | 9903 | -€12,246 | -€28,416 | -€16,170 | -132% |
| Income taxes | 67/77 | €256 | €270 | +€14 | +5.3% |
| Profit (loss) for the period | 9904 | -€12,503 | -€28,686 | -€16,183 | -129% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,503 | -€28,686 | -€16,183 | -129% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.