4D IMMO: 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.
4D IMMO
Largest movements
- Receivables within one year +€10,007
up €10,007 (+5003.5%), from €200 to €10,207
of which Trade receivables: +€9,969
- Other debts +€12,190
up €12,190 (+55.7%), from €21,888 to €34,078
- Profit (loss) carried forward -€9,163
down €9,163 (-25.2%), from €36,292 to €27,129
- Tax, wage and social debts +€8,296
up €8,296 (+52.3%), from €15,853 to €24,149
of which Taxes: +€11,991
- Trade debts -€2,563
down €2,563 (-71.4%), from €3,592 to €1,029
- Gross operating margin +€23,106
up €23,106 (+92.0%), from €25,116 to €48,222
- Taxes +€7,206
up €7,206 (+110.1%), from €6,545 to €13,751
- Financial charges +€746
up €746 (+39.1%), from €1,906 to €2,652
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 | €88,625 | €97,385 | +€8,760 | +9.9% |
| Fixed assets | 21/28 | €901 | €451 | -€450 | -49.9% |
| Tangible fixed assets | 22/27 | €901 | €451 | -€450 | -49.9% |
| Furniture and vehicles | 24 | €901 | €451 | -€450 | -49.9% |
| Current assets | 29/58 | €87,724 | €96,934 | +€9,210 | +10.5% |
| Amounts receivable within one year | 40/41 | €200 | €10,207 | +€10,007 | +5003.5% |
| Trade receivables | 40 | - | €9,969 | +€9,969 | |
| Other amounts receivable | 41 | €200 | €238 | +€38 | +19.0% |
| Cash at bank and in hand | 54/58 | €87,524 | €86,727 | -€797 | -0.9% |
| Total equity and liabilities | 10/49 | €88,625 | €97,385 | +€8,760 | +9.9% |
| Equity | 10/15 | €47,292 | €38,129 | -€9,163 | -19.4% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €1,000 | €1,000 | = | 0.0% |
| Distributable reserves | 133 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €36,292 | €27,129 | -€9,163 | -25.2% |
| Amounts payable | 17/49 | €41,333 | €59,256 | +€17,923 | +43.4% |
| Amounts payable within one year | 42/48 | €41,333 | €59,256 | +€17,923 | +43.4% |
| Trade debts | 44 | €3,592 | €1,029 | -€2,563 | -71.4% |
| Suppliers | 440/4 | €3,592 | €1,029 | -€2,563 | -71.4% |
| Taxes, remuneration and social security | 45 | €15,853 | €24,149 | +€8,296 | +52.3% |
| Taxes | 450/3 | €12,158 | €24,149 | +€11,991 | +98.6% |
| Remuneration and social security | 454/9 | €3,695 | - | -€3,695 | |
| Other amounts payable | 47/48 | €21,888 | €34,078 | +€12,190 | +55.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €843 | €450 | -€393 | -46.6% |
| Other operating charges | 640/8 | €973 | €532 | -€441 | -45.3% |
| Gross operating margin | 9900 | €25,116 | €48,222 | +€23,106 | +92.0% |
| Operating profit (loss) | 9901 | €23,300 | €47,240 | +€23,940 | +102.7% |
| Financial charges | 65/66B | €1,906 | €2,652 | +€746 | +39.1% |
| Recurring financial charges | 65 | €1,906 | €2,652 | +€746 | +39.1% |
| Profit (loss) for the period before taxes | 9903 | €21,394 | €44,588 | +€23,194 | +108.4% |
| Income taxes | 67/77 | €6,545 | €13,751 | +€7,206 | +110.1% |
| Profit (loss) for the period | 9904 | €14,849 | €30,837 | +€15,988 | +107.7% |
| Profit (loss) for the period to be appropriated | 9905 | €14,849 | €30,837 | +€15,988 | +107.7% |
Source: filed annual accounts (NBB), financial years ended 31 July 2024 and 31 July 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.