4EVER Construct: 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.
What changed
4EVER Construct
NACE 68.121, Development of residential building projects
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€53,736
2024 · -€22,151+€75,888
Equity
€21,937
2024 · -€31,799+€53,736
Cash
€17,338
2024 · €9,861+€7,477
Balance sheet total
€1.7m
2024 · €2.7m-€991,641
Largest movements
Assets
- Stocks and contracts -€1.0m
down €1.0m (-39.7%), from €2.5m to €1.5m
Equity and liabilities
- Debts after one year -€1.1m
down €1.1m (-54.7%), from €2.0m to €889,247
- Profit (loss) carried forward +€53,736
up €53,736, from -€42,799 to €10,937
- Other debts +€34,115
up €34,115 (+11.0%), from €310,113 to €344,228
Income statement
- Gross operating margin +€61,017
up €61,017 (+145%), from €42,187 to €103,204
- Financial income +€7,554
up €7,554 (+522%), from €1,447 to €9,000
- Financial charges -€7,485
down €7,485 (-12.3%), from €60,847 to €53,363
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.
Result 2024
-€22,151
Gross operating margin
+€61,017
Depreciation
+€203
Other operating charges
-€371
Financial income
+€7,554
Financial charges
+€7,485
Result 2025
€53,736
raises the resultlowers the result
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.
From operations
+€1.1m
Investment
€0
Financing
-€1.1m
Cash 2024
€9,861
From operations (derived)
+€1.1m
Net result for the year
+€53,736
Depreciation
+€3,693
Stocks and contracts
+€1.0m
Receivables within one year
-€4,574
Trade debts
-€8,145
Other debts
+€34,115
Accrued charges and deferred income
-€7,041
Financing
-€1.1m
Debts after one year
-€1.1m
Short-term financial debts
+€10,000
Cash 2025
€17,338
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,654,841 | €1,663,200 | -€991,641 | -37.4% |
| Fixed assets | 21/28 | €106,963 | €103,270 | -€3,693 | -3.5% |
| Tangible fixed assets | 22/27 | €106,963 | €103,270 | -€3,693 | -3.5% |
| Land and buildings | 22 | €100,000 | €100,000 | = | 0.0% |
| Plant, machinery and equipment | 23 | €521 | €77 | -€444 | -85.2% |
| Furniture and vehicles | 24 | €2,174 | €964 | -€1,210 | -55.7% |
| Other tangible fixed assets | 26 | €4,268 | €2,229 | -€2,039 | -47.8% |
| Current assets | 29/58 | €2,547,879 | €1,559,930 | -€987,949 | -38.8% |
| Stocks and contracts in progress | 3 | €2,519,406 | €1,519,406 | -€1.0m | -39.7% |
| Stocks | 30/36 | €2,519,406 | €1,519,406 | -€1.0m | -39.7% |
| Amounts receivable within one year | 40/41 | €18,612 | €23,186 | +€4,574 | +24.6% |
| Trade receivables | 40 | - | €3,295 | +€3,295 | |
| Other amounts receivable | 41 | €18,612 | €19,891 | +€1,279 | +6.9% |
| Cash at bank and in hand | 54/58 | €9,861 | €17,338 | +€7,477 | +75.8% |
| Total equity and liabilities | 10/49 | €2,654,841 | €1,663,200 | -€991,641 | -37.4% |
| Equity | 10/15 | -€31,799 | €21,937 | +€53,736 | |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Capital | 10 | €10,000 | €10,000 | = | 0.0% |
| Issued capital | 100 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €1,000 | €1,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,000 | €1,000 | = | 0.0% |
| Legal reserve | 130 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€42,799 | €10,937 | +€53,736 | |
| Amounts payable | 17/49 | €2,686,640 | €1,641,262 | -€1.0m | -38.9% |
| Amounts payable after more than one year | 17 | €1,963,555 | €889,247 | -€1.1m | -54.7% |
| Financial debts | 170/4 | €1,963,555 | €889,247 | -€1.1m | -54.7% |
| Amounts payable within one year | 42/48 | €716,045 | €752,015 | +€35,970 | +5.0% |
| Current portion of amounts payable after more than one year | 42 | €70,000 | €70,000 | = | 0.0% |
| Financial debts | 43 | €76,547 | €86,547 | +€10,000 | +13.1% |
| Credit institutions | 430/8 | €55,400 | €65,400 | +€10,000 | +18.1% |
| Other loans | 439 | €21,147 | €21,147 | = | 0.0% |
| Trade debts | 44 | €259,384 | €251,240 | -€8,145 | -3.1% |
| Suppliers | 440/4 | €259,384 | €251,240 | -€8,145 | -3.1% |
| Other amounts payable | 47/48 | €310,113 | €344,228 | +€34,115 | +11.0% |
| Accrued charges and deferred income | 492/3 | €7,041 | - | -€7,041 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,896 | €3,693 | -€203 | -5.2% |
| Other operating charges | 640/8 | €1,042 | €1,413 | +€371 | +35.6% |
| Gross operating margin | 9900 | €42,187 | €103,204 | +€61,017 | +145% |
| Operating profit (loss) | 9901 | €37,249 | €98,099 | +€60,850 | +163% |
| Financial income | 75/76B | €1,447 | €9,000 | +€7,554 | +522% |
| Recurring financial income | 75 | €1,447 | €9,000 | +€7,554 | +522% |
| Financial charges | 65/66B | €60,847 | €53,363 | -€7,485 | -12.3% |
| Recurring financial charges | 65 | €60,847 | €53,363 | -€7,485 | -12.3% |
| Profit (loss) for the period before taxes | 9903 | -€22,151 | €53,736 | +€75,888 | |
| Profit (loss) for the period | 9904 | -€22,151 | €53,736 | +€75,888 | |
| Profit (loss) for the period to be appropriated | 9905 | -€22,151 | €53,736 | +€75,888 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.