4 x 4 Only: 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 x 4 Only
Largest movements
- Cash +€61,440
up €61,440 (+44.8%), from €137,144 to €198,584
mainly Receivables within one year (+€24,843) and Depreciation (+€19,833)
- Receivables within one year -€24,843
down €24,843 (-88.2%), from €28,161 to €3,317
of which Trade receivables: -€23,165
- Tangible fixed assets -€19,833
down €19,833 (-24.4%), from €81,136 to €61,303
of which Furniture and vehicles: -€18,500
- Stocks and contracts -€13,118
down €13,118 (-17.4%), from €75,554 to €62,436
- Reserves +€13,589
up €13,589 (+16.5%), from €82,235 to €95,824
- Other debts -€7,936
down €7,936 (-3.5%), from €228,635 to €220,699
- Tax, wage and social debts -€6,104
down €6,104 (-74.6%), from €8,181 to €2,076
- Trade debts +€4,096
up €4,096 (+168%), from €2,443 to €6,540
- Gross operating margin -€22,387
down €22,387 (-34.0%), from €65,784 to €43,397
- Taxes -€10,418
down €10,418 (-59.5%), from €17,494 to €7,076
- Depreciation +€9,835
up €9,835 (+98.4%), from €9,998 to €19,833
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €322,494 | €326,140 | +€3,646 | +1.1% |
| Fixed assets | 21/28 | €81,636 | €61,803 | -€19,833 | -24.3% |
| Tangible fixed assets | 22/27 | €81,136 | €61,303 | -€19,833 | -24.4% |
| Land and buildings | 22 | €13,634 | €13,634 | = | 0.0% |
| Plant, machinery and equipment | 23 | €3,328 | €1,995 | -€1,333 | -40.1% |
| Furniture and vehicles | 24 | €64,174 | €45,674 | -€18,500 | -28.8% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €240,858 | €264,337 | +€23,479 | +9.7% |
| Stocks and contracts in progress | 3 | €75,554 | €62,436 | -€13,118 | -17.4% |
| Stocks | 30/36 | €75,554 | €62,436 | -€13,118 | -17.4% |
| Amounts receivable within one year | 40/41 | €28,161 | €3,317 | -€24,843 | -88.2% |
| Trade receivables | 40 | €23,165 | - | -€23,165 | |
| Other amounts receivable | 41 | €4,996 | €3,317 | -€1,678 | -33.6% |
| Cash at bank and in hand | 54/58 | €137,144 | €198,584 | +€61,440 | +44.8% |
| Total equity and liabilities | 10/49 | €322,494 | €326,140 | +€3,646 | +1.1% |
| Equity | 10/15 | €83,235 | €96,824 | +€13,589 | +16.3% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €82,235 | €95,824 | +€13,589 | +16.5% |
| Distributable reserves | 133 | €82,235 | €95,824 | +€13,589 | +16.5% |
| Amounts payable | 17/49 | €239,259 | €229,316 | -€9,943 | -4.2% |
| Amounts payable within one year | 42/48 | €239,259 | €229,316 | -€9,943 | -4.2% |
| Trade debts | 44 | €2,443 | €6,540 | +€4,096 | +168% |
| Suppliers | 440/4 | €2,443 | €6,540 | +€4,096 | +168% |
| Taxes, remuneration and social security | 45 | €8,181 | €2,076 | -€6,104 | -74.6% |
| Taxes | 450/3 | €8,181 | €2,076 | -€6,104 | -74.6% |
| Other amounts payable | 47/48 | €228,635 | €220,699 | -€7,936 | -3.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,998 | €19,833 | +€9,835 | +98.4% |
| Other operating charges | 640/8 | €1,992 | €2,458 | +€466 | +23.4% |
| Non-recurring operating charges | 66A | €640 | - | -€640 | |
| Gross operating margin | 9900 | €65,784 | €43,397 | -€22,387 | -34.0% |
| Operating profit (loss) | 9901 | €53,154 | €21,105 | -€32,048 | -60.3% |
| Financial charges | 65/66B | €153 | €440 | +€287 | +188% |
| Recurring financial charges | 65 | €153 | €440 | +€287 | +188% |
| Profit (loss) for the period before taxes | 9903 | €53,001 | €20,666 | -€32,335 | -61.0% |
| Income taxes | 67/77 | €17,494 | €7,076 | -€10,418 | -59.5% |
| Profit (loss) for the period | 9904 | €35,507 | €13,589 | -€21,918 | -61.7% |
| Profit (loss) for the period to be appropriated | 9905 | €35,507 | €13,589 | -€21,918 | -61.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.