4CRANES: 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.
4CRANES
Largest movements
- Current investments -€300,000
down €300,000 (-100.0%), from €300,000 to €0
- Receivables within one year +€166,078
up €166,078 (+70.3%), from €236,123 to €402,200
of which Trade receivables: +€149,264
- Cash +€160,178
up €160,178 (+47.8%), from €335,125 to €495,303
mainly Current investments (+€300,000) and Depreciation (+€82,579)
- Tangible fixed assets -€82,579
down €82,579 (-61.5%), from €134,372 to €51,793
of which Plant, machinery and equipment: -€67,878
- Tax, wage and social debts -€70,858
down €70,858 (-81.9%), from €86,482 to €15,623
of which Taxes: -€70,858
- Reserves +€62,781
up €62,781 (+9.8%), from €639,065 to €701,846
of which Distributable reserves: +€62,781
- Current portion of long-term debt -€47,259
down €47,259 (-91.9%), from €51,418 to €4,159
- Gross operating margin -€593,425
down €593,425 (-78.6%), from €754,849 to €161,424
- Taxes -€191,714
down €191,714 (-88.7%), from €216,176 to €24,462
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 | €1,007,294 | €950,847 | -€56,446 | -5.6% |
| Fixed assets | 21/28 | €134,372 | €51,793 | -€82,579 | -61.5% |
| Tangible fixed assets | 22/27 | €134,372 | €51,793 | -€82,579 | -61.5% |
| Plant, machinery and equipment | 23 | €77,162 | €9,284 | -€67,878 | -88.0% |
| Furniture and vehicles | 24 | €48,880 | €36,827 | -€12,053 | -24.7% |
| Other tangible fixed assets | 26 | €8,330 | €5,682 | -€2,648 | -31.8% |
| Current assets | 29/58 | €872,922 | €899,055 | +€26,133 | +3.0% |
| Amounts receivable within one year | 40/41 | €236,123 | €402,200 | +€166,078 | +70.3% |
| Trade receivables | 40 | €25,399 | €174,664 | +€149,264 | +587.7% |
| Other amounts receivable | 41 | €210,724 | €227,537 | +€16,813 | +8.0% |
| Current investments | 50/53 | €300,000 | €0 | -€300,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €335,125 | €495,303 | +€160,178 | +47.8% |
| Deferred charges and accrued income | 490/1 | €1,674 | €1,552 | -€122 | -7.3% |
| Total equity and liabilities | 10/49 | €1,007,294 | €950,847 | -€56,446 | -5.6% |
| Equity | 10/15 | €701,039 | €763,820 | +€62,781 | +9.0% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €639,065 | €701,846 | +€62,781 | +9.8% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Tax-exempt reserves | 132 | €13,470 | €13,470 | = | 0.0% |
| Distributable reserves | 133 | €619,398 | €682,179 | +€62,781 | +10.1% |
| Provisions and deferred taxes | 16 | €160,000 | €160,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €160,000 | €160,000 | = | 0.0% |
| Pensions and similar obligations | 160 | €160,000 | €160,000 | = | 0.0% |
| Amounts payable | 17/49 | €146,255 | €27,028 | -€119,227 | -81.5% |
| Amounts payable after more than one year | 17 | €4,159 | €0 | -€4,159 | -100.0% |
| Financial debts | 170/4 | €4,159 | €0 | -€4,159 | -100.0% |
| Amounts payable within one year | 42/48 | €142,024 | €27,028 | -€114,996 | -81.0% |
| Current portion of amounts payable after more than one year | 42 | €51,418 | €4,159 | -€47,259 | -91.9% |
| Trade debts | 44 | €1,659 | €2,744 | +€1,085 | +65.4% |
| Suppliers | 440/4 | €1,659 | €2,744 | +€1,085 | +65.4% |
| Taxes, remuneration and social security | 45 | €86,482 | €15,623 | -€70,858 | -81.9% |
| Taxes | 450/3 | €83,007 | €12,148 | -€70,858 | -85.4% |
| Remuneration and social security | 454/9 | €3,475 | €3,475 | = | 0.0% |
| Other amounts payable | 47/48 | €2,465 | €4,501 | +€2,037 | +82.6% |
| Accrued charges and deferred income | 492/3 | €72 | €0 | -€72 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €75,185 | €82,579 | +€7,395 | +9.8% |
| Other operating charges | 640/8 | €514 | €627 | +€113 | +22.1% |
| Gross operating margin | 9900 | €754,849 | €161,424 | -€593,425 | -78.6% |
| Operating profit (loss) | 9901 | €679,151 | €78,218 | -€600,933 | -88.5% |
| Financial income | 75/76B | €13,395 | €9,425 | -€3,970 | -29.6% |
| Recurring financial income | 75 | €13,395 | €9,425 | -€3,970 | -29.6% |
| Financial charges | 65/66B | €892 | €399 | -€493 | -55.2% |
| Recurring financial charges | 65 | €892 | €399 | -€493 | -55.2% |
| Profit (loss) for the period before taxes | 9903 | €691,653 | €87,243 | -€604,410 | -87.4% |
| Income taxes | 67/77 | €216,176 | €24,462 | -€191,714 | -88.7% |
| Profit (loss) for the period | 9904 | €475,477 | €62,781 | -€412,697 | -86.8% |
| Profit (loss) for the period to be appropriated | 9905 | €475,477 | €62,781 | -€412,697 | -86.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 October 2024 and 31 October 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.