4INCH: 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.
4INCH
Largest movements
- Receivables within one year -€64,538
down €64,538 (-39.5%), from €163,457 to €98,919
of which Trade receivables: -€41,431
- Cash -€55,419
down €55,419 (-42.1%), from €131,771 to €76,352
mainly Investment in fixed assets (net) (-€107,582) and Net result for the year (-€48,004)
- Intangible fixed assets +€42,458
up €42,458 (+30.6%), from €138,972 to €181,430
- Stocks and contracts +€36,666
up €36,666 (+54.4%), from €67,393 to €104,059
- Profit (loss) carried forward -€48,004
down €48,004 (-17.9%), from -€267,777 to -€315,781
- Trade debts +€24,596
up €24,596 (+22.3%), from €110,134 to €134,730
- Accrued charges and deferred income -€10,845
down €10,845 (-11.0%), from €98,919 to €88,074
- Advances received -€6,699
down €6,699 (-10.1%), from €66,370 to €59,671
- Depreciation +€17,482
up €17,482 (+36.6%), from €47,718 to €65,200
- Gross operating margin -€9,162
down €9,162 (-7.0%), from €130,531 to €121,369
- Financial charges -€3,550
down €3,550 (-43.4%), from €8,189 to €4,639
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 | €502,269 | €461,865 | -€40,404 | -8.0% |
| Fixed assets | 21/28 | €139,648 | €182,030 | +€42,382 | +30.3% |
| Intangible fixed assets | 21 | €138,972 | €181,430 | +€42,458 | +30.6% |
| Tangible fixed assets | 22/27 | €76 | - | -€76 | |
| Furniture and vehicles | 24 | €76 | - | -€76 | |
| Financial fixed assets | 28 | €600 | €600 | = | 0.0% |
| Current assets | 29/58 | €362,621 | €279,835 | -€82,786 | -22.8% |
| Stocks and contracts in progress | 3 | €67,393 | €104,059 | +€36,666 | +54.4% |
| Stocks | 30/36 | €67,393 | €104,059 | +€36,666 | +54.4% |
| Amounts receivable within one year | 40/41 | €163,457 | €98,919 | -€64,538 | -39.5% |
| Trade receivables | 40 | €86,069 | €44,638 | -€41,431 | -48.1% |
| Other amounts receivable | 41 | €77,388 | €54,281 | -€23,107 | -29.9% |
| Cash at bank and in hand | 54/58 | €131,771 | €76,352 | -€55,419 | -42.1% |
| Deferred charges and accrued income | 490/1 | - | €505 | +€505 | |
| Total equity and liabilities | 10/49 | €502,269 | €461,865 | -€40,404 | -8.0% |
| Equity | 10/15 | €149,923 | €101,919 | -€48,004 | -32.0% |
| Contributions | 10/11 | €415,000 | €415,000 | = | 0.0% |
| Capital | 10 | €415,000 | €415,000 | = | 0.0% |
| Issued capital | 100 | €415,000 | €415,000 | = | 0.0% |
| Reserves | 13 | €2,700 | €2,700 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,700 | €2,700 | = | 0.0% |
| Legal reserve | 130 | €2,700 | €2,700 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€267,777 | -€315,781 | -€48,004 | -17.9% |
| Amounts payable | 17/49 | €352,346 | €359,946 | +€7,600 | +2.2% |
| Amounts payable within one year | 42/48 | €253,427 | €271,872 | +€18,445 | +7.3% |
| Financial debts | 43 | €32,867 | €30,000 | -€2,867 | -8.7% |
| Credit institutions | 430/8 | €32,867 | €30,000 | -€2,867 | -8.7% |
| Trade debts | 44 | €110,134 | €134,730 | +€24,596 | +22.3% |
| Suppliers | 440/4 | €110,134 | €134,730 | +€24,596 | +22.3% |
| Advances received on contracts in progress | 46 | €66,370 | €59,671 | -€6,699 | -10.1% |
| Taxes, remuneration and social security | 45 | €12,741 | €14,656 | +€1,915 | +15.0% |
| Taxes | 450/3 | €1,625 | €643 | -€982 | -60.4% |
| Remuneration and social security | 454/9 | €11,116 | €14,013 | +€2,897 | +26.1% |
| Other amounts payable | 47/48 | €31,315 | €32,815 | +€1,500 | +4.8% |
| Accrued charges and deferred income | 492/3 | €98,919 | €88,074 | -€10,845 | -11.0% |
| Remuneration, social security and pensions | 62 | €100,659 | €99,892 | -€767 | -0.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,718 | €65,200 | +€17,482 | +36.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€192 | -€192 | |
| Other operating charges | 640/8 | €387 | €441 | +€54 | +14.0% |
| Gross operating margin | 9900 | €130,531 | €121,369 | -€9,162 | -7.0% |
| Operating profit (loss) | 9901 | -€18,233 | -€43,972 | -€25,739 | -141.2% |
| Financial income | 75/76B | €511 | €607 | +€96 | +18.8% |
| Recurring financial income | 75 | €511 | €607 | +€96 | +18.8% |
| Financial charges | 65/66B | €8,189 | €4,639 | -€3,550 | -43.4% |
| Recurring financial charges | 65 | €8,189 | €4,639 | -€3,550 | -43.4% |
| Profit (loss) for the period before taxes | 9903 | -€25,911 | -€48,004 | -€22,093 | -85.3% |
| Profit (loss) for the period | 9904 | -€25,911 | -€48,004 | -€22,093 | -85.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€25,911 | -€48,004 | -€22,093 | -85.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.