4ADV: what changed
Two fiscal 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.
4ADV
Largest movements
- Financial fixed assets +€30,000
up €30,000 (+294.1%), from €10,200 to €40,200
- Other debts +€35,005
up €35,005 (+13.0%), from €268,634 to €303,639
- Gross operating margin -€1,331
down €1,331 (-227.3%), from -€585 to -€1,916
- Financial charges +€43
up €43 (+46.0%), from €95 to €138
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.
Cash bridge derived
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 | €342,876 | €376,815 | +€33,939 | +9.9% |
| Fixed assets | 21/28 | €10,740 | €40,584 | +€29,845 | +277.9% |
| Tangible fixed assets | 22/27 | €540 | €384 | -€155 | -28.8% |
| Plant, machinery and equipment | 23 | €540 | €384 | -€155 | -28.8% |
| Financial fixed assets | 28 | €10,200 | €40,200 | +€30,000 | +294.1% |
| Current assets | 29/58 | €332,137 | €336,231 | +€4,094 | +1.2% |
| Amounts receivable after more than one year | 29 | €310,799 | €311,775 | +€976 | +0.3% |
| Other amounts receivable | 291 | €310,799 | €311,775 | +€976 | +0.3% |
| Amounts receivable within one year | 40/41 | €9,699 | €11,067 | +€1,368 | +14.1% |
| Trade receivables | 40 | €9,603 | €10,824 | +€1,221 | +12.7% |
| Other amounts receivable | 41 | €96 | €243 | +€147 | +153.1% |
| Cash at bank and in hand | 54/58 | €11,639 | €13,389 | +€1,751 | +15.0% |
| Total equity and liabilities | 10/49 | €342,876 | €376,815 | +€33,939 | +9.9% |
| Equity | 10/15 | €64,902 | €62,692 | -€2,209 | -3.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €44,442 | €42,232 | -€2,209 | -5.0% |
| Amounts payable | 17/49 | €277,975 | €314,123 | +€36,148 | +13.0% |
| Amounts payable within one year | 42/48 | €277,975 | €314,123 | +€36,148 | +13.0% |
| Trade debts | 44 | €9,341 | €10,484 | +€1,143 | +12.2% |
| Suppliers | 440/4 | €9,341 | €10,484 | +€1,143 | +12.2% |
| Other amounts payable | 47/48 | €268,634 | €303,639 | +€35,005 | +13.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €155 | €155 | = | 0.0% |
| Gross operating margin | 9900 | -€585 | -€1,916 | -€1,331 | -227.3% |
| Operating profit (loss) | 9901 | -€741 | -€2,071 | -€1,331 | -179.6% |
| Financial charges | 65/66B | €95 | €138 | +€43 | +46.0% |
| Recurring financial charges | 65 | €95 | €138 | +€43 | +46.0% |
| Profit (loss) for the period before taxes | 9903 | -€835 | -€2,209 | -€1,374 | -164.5% |
| Profit (loss) for the period | 9904 | -€835 | -€2,209 | -€1,374 | -164.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€835 | -€2,209 | -€1,374 | -164.5% |
Source: filed annual accounts (NBB), fiscal 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 September 2026 via checked.be.