4events: 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.
4events
Largest movements
- Tangible fixed assets +€60,286
up €60,286 (+40.5%), from €148,704 to €208,990
of which Plant, machinery and equipment: +€43,601
- Receivables within one year +€29,775
up €29,775 (+49.5%), from €60,137 to €89,912
of which Trade receivables: +€28,134
- Cash +€7,222
up €7,222 (+14.0%), from €51,514 to €58,735
mainly Depreciation (+€54,907) and Net result for the year (+€33,119)
- Reserves +€31,453
up €31,453 (+21.4%), from €147,056 to €178,509
- Trade debts +€31,174
up €31,174 (+901%), from €3,460 to €34,635
- Debts after one year +€22,891
up €22,891, from €0 to €22,891
- Current portion of long-term debt +€15,321
up €15,321 (+1,345%), from €1,139 to €16,460
- Gross operating margin -€82,749
down €82,749 (-37.7%), from €219,403 to €136,654
- Staff costs -€73,284
down €73,284 (-82.8%), from €88,542 to €15,258
- Depreciation +€19,035
up €19,035 (+53.1%), from €35,872 to €54,907
- Taxes -€11,242
down €11,242 (-47.1%), from €23,851 to €12,608
- Financial charges +€4,387
up €4,387 (+51.0%), from €8,603 to €12,990
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.
Derived cash bridge
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 | €279,931 | €379,272 | +€99,341 | +35.5% |
| Fixed assets | 21/28 | €153,064 | €212,800 | +€59,736 | +39.0% |
| Intangible fixed assets | 21 | €4,359 | €3,809 | -€550 | -12.6% |
| Tangible fixed assets | 22/27 | €148,704 | €208,990 | +€60,286 | +40.5% |
| Plant, machinery and equipment | 23 | €126,536 | €170,137 | +€43,601 | +34.5% |
| Furniture and vehicles | 24 | €22,169 | €38,853 | +€16,685 | +75.3% |
| Current assets | 29/58 | €126,867 | €166,473 | +€39,605 | +31.2% |
| Stocks and contracts in progress | 3 | €8,268 | €9,514 | +€1,246 | +15.1% |
| Stocks | 30/36 | €8,268 | €9,514 | +€1,246 | +15.1% |
| Amounts receivable within one year | 40/41 | €60,137 | €89,912 | +€29,775 | +49.5% |
| Trade receivables | 40 | €56,987 | €85,121 | +€28,134 | +49.4% |
| Other amounts receivable | 41 | €3,150 | €4,792 | +€1,642 | +52.1% |
| Cash at bank and in hand | 54/58 | €51,514 | €58,735 | +€7,222 | +14.0% |
| Deferred charges and accrued income | 490/1 | €6,948 | €8,311 | +€1,363 | +19.6% |
| Total equity and liabilities | 10/49 | €279,931 | €379,272 | +€99,341 | +35.5% |
| Equity | 10/15 | €165,656 | €197,109 | +€31,453 | +19.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €147,056 | €178,509 | +€31,453 | +21.4% |
| Distributable reserves | 133 | €147,056 | €178,509 | +€31,453 | +21.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €114,275 | €182,163 | +€67,888 | +59.4% |
| Amounts payable after more than one year | 17 | €0 | €22,891 | +€22,891 | |
| Financial debts | 170/4 | €0 | €22,891 | +€22,891 | |
| Amounts payable within one year | 42/48 | €109,333 | €153,711 | +€44,378 | +40.6% |
| Current portion of amounts payable after more than one year | 42 | €1,139 | €16,460 | +€15,321 | +1,345% |
| Financial debts | 43 | €3,391 | €3,374 | -€17 | -0.5% |
| Credit institutions | 430/8 | €3,391 | €3,374 | -€17 | -0.5% |
| Trade debts | 44 | €3,460 | €34,635 | +€31,174 | +901% |
| Suppliers | 440/4 | €3,460 | €34,635 | +€31,174 | +901% |
| Advances received on contracts in progress | 46 | €0 | €150 | +€150 | |
| Taxes, remuneration and social security | 45 | €22,364 | €21,146 | -€1,219 | -5.4% |
| Taxes | 450/3 | €21,986 | €19,817 | -€2,169 | -9.9% |
| Remuneration and social security | 454/9 | €378 | €1,329 | +€951 | +252% |
| Other amounts payable | 47/48 | €78,979 | €77,947 | -€1,032 | -1.3% |
| Accrued charges and deferred income | 492/3 | €4,942 | €5,561 | +€619 | +12.5% |
| Non-recurring operating income | 76A | €4,696 | €5,242 | +€546 | +11.6% |
| Remuneration, social security and pensions | 62 | €88,542 | €15,258 | -€73,284 | -82.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,872 | €54,907 | +€19,035 | +53.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,882 | €2,903 | +€21 | +0.7% |
| Other operating charges | 640/8 | €4,988 | €2,231 | -€2,757 | -55.3% |
| Non-recurring operating charges | 66A | €1,446 | €2,655 | +€1,208 | +83.5% |
| Gross operating margin | 9900 | €219,403 | €136,654 | -€82,749 | -37.7% |
| Operating profit (loss) | 9901 | €85,672 | €58,700 | -€26,972 | -31.5% |
| Financial income | 75/76B | €60 | €17 | -€43 | -71.7% |
| Recurring financial income | 75 | €60 | €17 | -€43 | -71.7% |
| Financial charges | 65/66B | €8,603 | €12,990 | +€4,387 | +51.0% |
| Recurring financial charges | 65 | €8,603 | €12,990 | +€4,387 | +51.0% |
| Profit (loss) for the period before taxes | 9903 | €77,130 | €45,727 | -€31,403 | -40.7% |
| Income taxes | 67/77 | €23,851 | €12,608 | -€11,242 | -47.1% |
| Profit (loss) for the period | 9904 | €53,279 | €33,119 | -€20,160 | -37.8% |
| Profit (loss) for the period to be appropriated | 9905 | €53,279 | €33,119 | -€20,160 | -37.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.