4FIN: what changed
4FIN
Largest movements
- Cash -€152,336
down €152,336 (-78.4%), from €194,384 to €42,047
mainly Contributions, distributions and other (-€150,000) and Tax, wage and social debts (-€40,863)
- Receivables within one year -€29,536
down €29,536 (-98.9%), from €29,874 to €339
of which Other amounts receivable: -€26,839
- Reserves -€141,011
down €141,011 (-86.5%), from €162,954 to €21,942
- Tax, wage and social debts -€40,863
down €40,863 (-99.2%), from €41,178 to €316
of which Taxes: -€40,863
- Gross operating margin -€154,018
down €154,018 (-92.8%), from €165,981 to €11,963
- Taxes -€36,675
down €36,675 (-92.4%), from €39,713 to €3,038
- Financial income -€5,798
down €5,798 (-88.7%), from €6,539 to €741
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €224,258 | €42,386 | -€181,872 | -81.1% |
| Fixed assets | 21/28 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €224,258 | €42,386 | -€181,872 | -81.1% |
| Amounts receivable within one year | 40/41 | €29,874 | €339 | -€29,536 | -98.9% |
| Trade receivables | 40 | €3,035 | €339 | -€2,696 | -88.8% |
| Other amounts receivable | 41 | €26,839 | €0 | -€26,839 | -100% |
| Cash at bank and in hand | 54/58 | €194,384 | €42,047 | -€152,336 | -78.4% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €224,258 | €42,386 | -€181,872 | -81.1% |
| Equity | 10/15 | €182,954 | €41,942 | -€141,011 | -77.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €162,954 | €21,942 | -€141,011 | -86.5% |
| Distributable reserves | 133 | €162,954 | €21,942 | -€141,011 | -86.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €41,304 | €444 | -€40,861 | -98.9% |
| Amounts payable within one year | 42/48 | €41,178 | €316 | -€40,863 | -99.2% |
| Trade debts | 44 | €0 | - | = | |
| Suppliers | 440/4 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €41,178 | €316 | -€40,863 | -99.2% |
| Taxes | 450/3 | €41,178 | €316 | -€40,863 | -99.2% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €126 | €128 | +€2 | +1.6% |
| Non-recurring operating income | 76A | €26,708 | €0 | -€26,708 | -100% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €1,244 | €528 | -€716 | -57.6% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €165,981 | €11,963 | -€154,018 | -92.8% |
| Operating profit (loss) | 9901 | €164,738 | €11,435 | -€153,302 | -93.1% |
| Financial income | 75/76B | €6,539 | €741 | -€5,798 | -88.7% |
| Recurring financial income | 75 | €6,539 | €741 | -€5,798 | -88.7% |
| Financial charges | 65/66B | €135 | €150 | +€15 | +11.1% |
| Recurring financial charges | 65 | €135 | €150 | +€15 | +11.1% |
| Profit (loss) for the period before taxes | 9903 | €171,142 | €12,027 | -€159,115 | -93.0% |
| Income taxes | 67/77 | €39,713 | €3,038 | -€36,675 | -92.4% |
| Profit (loss) for the period | 9904 | €131,429 | €8,989 | -€122,440 | -93.2% |
| Profit (loss) for the period to be appropriated | 9905 | €131,429 | €8,989 | -€122,440 | -93.2% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.