4Dprogress: 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.
4Dprogress
Largest movements
- Receivables within one year +€15,393
up €15,393 (+152.0%), from €10,125 to €25,517
of which Trade receivables: +€15,549
- Cash +€8,032
up €8,032 (+385.9%), from €2,081 to €10,114
mainly Net result for the year (+€19,016) and Tax, wage and social debts (+€7,779)
- Tangible fixed assets +€1,162
new in 2025: €1,162
- Deferred charges and accrued income +€764
up €764 (+714.3%), from €107 to €871
- Reserves +€19,016
up €19,016 (+803.3%), from €2,367 to €21,384
- Tax, wage and social debts +€7,779
up €7,779 (+952.3%), from €817 to €8,596
- Trade debts -€3,019
down €3,019 (-85.6%), from €3,527 to €508
- Other debts +€1,615
up €1,615 (+41.0%), from €3,941 to €5,556
- Gross operating margin +€18,699
up €18,699 (+342.5%), from €5,459 to €24,158
- Taxes +€4,277
up €4,277 (+722.7%), from €592 to €4,869
- Depreciation -€1,944
down €1,944 (-92.4%), from €2,105 to €161
- Other operating charges -€287
down €287 (-81.8%), from €350 to €64
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 | €12,313 | €37,663 | +€25,350 | +205.9% |
| Fixed assets | 21/28 | - | €1,162 | +€1,162 | |
| Tangible fixed assets | 22/27 | - | €1,162 | +€1,162 | |
| Furniture and vehicles | 24 | - | €1,162 | +€1,162 | |
| Current assets | 29/58 | €12,313 | €36,502 | +€24,189 | +196.4% |
| Amounts receivable within one year | 40/41 | €10,125 | €25,517 | +€15,393 | +152.0% |
| Trade receivables | 40 | €9,968 | €25,517 | +€15,549 | +156.0% |
| Other amounts receivable | 41 | €157 | - | -€157 | |
| Cash at bank and in hand | 54/58 | €2,081 | €10,114 | +€8,032 | +385.9% |
| Deferred charges and accrued income | 490/1 | €107 | €871 | +€764 | +714.3% |
| Total equity and liabilities | 10/49 | €12,313 | €37,663 | +€25,350 | +205.9% |
| Equity | 10/15 | €2,487 | €21,504 | +€19,016 | +764.5% |
| Contributions | 10/11 | €120 | €120 | = | 0.0% |
| Reserves | 13 | €2,367 | €21,384 | +€19,016 | +803.3% |
| Distributable reserves | 133 | €2,367 | €21,384 | +€19,016 | +803.3% |
| Amounts payable | 17/49 | €9,826 | €16,160 | +€6,334 | +64.5% |
| Amounts payable within one year | 42/48 | €8,284 | €14,660 | +€6,375 | +77.0% |
| Trade debts | 44 | €3,527 | €508 | -€3,019 | -85.6% |
| Suppliers | 440/4 | €3,527 | €508 | -€3,019 | -85.6% |
| Taxes, remuneration and social security | 45 | €817 | €8,596 | +€7,779 | +952.3% |
| Taxes | 450/3 | €817 | €8,596 | +€7,779 | +952.3% |
| Other amounts payable | 47/48 | €3,941 | €5,556 | +€1,615 | +41.0% |
| Accrued charges and deferred income | 492/3 | €1,541 | €1,500 | -€41 | -2.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,105 | €161 | -€1,944 | -92.4% |
| Other operating charges | 640/8 | €350 | €64 | -€287 | -81.8% |
| Gross operating margin | 9900 | €5,459 | €24,158 | +€18,699 | +342.5% |
| Operating profit (loss) | 9901 | €3,004 | €23,934 | +€20,930 | +696.7% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €45 | €49 | +€4 | +8.4% |
| Recurring financial charges | 65 | €45 | €49 | +€4 | +8.4% |
| Profit (loss) for the period before taxes | 9903 | €2,959 | €23,885 | +€20,926 | +707.2% |
| Income taxes | 67/77 | €592 | €4,869 | +€4,277 | +722.7% |
| Profit (loss) for the period | 9904 | €2,367 | €19,016 | +€16,649 | +703.3% |
| Profit (loss) for the period to be appropriated | 9905 | €2,367 | €19,016 | +€16,649 | +703.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.