4K BELGIUM: 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.
4K BELGIUM
Largest movements
- Deferred charges and accrued income -€84,157
no longer reported in 2025 (was €84,157)
- Cash +€45,600
up €45,600 (+2,806%), from €1,625 to €47,225
mainly Deferred charges and accrued income (+€84,157) and Debts after one year (+€42,000)
- Receivables within one year +€19,816
up €19,816 (+108%), from €18,284 to €38,101
of which Trade receivables: +€36,852
- Accrued charges and deferred income -€125,882
no longer reported in 2025 (was €125,882)
- Debts after one year +€42,000
new in 2025: €42,000
- Other debts +€24,669
new in 2025: €24,669
- Trade debts +€19,348
up €19,348 (+85.7%), from €22,587 to €41,935
- Provisions +€10,000
new in 2025: €10,000
- Gross operating margin -€18,203
down €18,203 (-48.2%), from €37,750 to €19,547
- Depreciation -€15,000
no longer reported in 2025 (was €15,000)
- Other operating charges -€14,457
down €14,457 (-83.4%), from €17,326 to €2,869
- Provisions +€10,000
new in 2025: €10,000
- Financial charges -€5,194
down €5,194 (-65.1%), from €7,981 to €2,787
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 | €151,566 | €132,826 | -€18,740 | -12.4% |
| Fixed assets | 21/28 | €47,500 | €47,500 | = | 0.0% |
| Financial fixed assets | 28 | €47,500 | €47,500 | = | 0.0% |
| Current assets | 29/58 | €104,066 | €85,326 | -€18,740 | -18.0% |
| Amounts receivable within one year | 40/41 | €18,284 | €38,101 | +€19,816 | +108% |
| Trade receivables | 40 | - | €36,852 | +€36,852 | |
| Other amounts receivable | 41 | €18,284 | €1,249 | -€17,035 | -93.2% |
| Cash at bank and in hand | 54/58 | €1,625 | €47,225 | +€45,600 | +2,806% |
| Deferred charges and accrued income | 490/1 | €84,157 | - | -€84,157 | |
| Total equity and liabilities | 10/49 | €151,566 | €132,826 | -€18,740 | -12.4% |
| Equity | 10/15 | €2,469 | €6,360 | +€3,891 | +158% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€16,131 | -€12,240 | +€3,891 | +24.1% |
| Provisions and deferred taxes | 16 | - | €10,000 | +€10,000 | |
| Provisions for liabilities and charges | 160/5 | - | €10,000 | +€10,000 | |
| Major repairs and maintenance | 162 | - | €10,000 | +€10,000 | |
| Amounts payable | 17/49 | €149,097 | €116,466 | -€32,631 | -21.9% |
| Amounts payable after more than one year | 17 | - | €42,000 | +€42,000 | |
| Other amounts payable | 178/9 | - | €42,000 | +€42,000 | |
| Amounts payable within one year | 42/48 | €23,215 | €74,466 | +€51,251 | +221% |
| Trade debts | 44 | €22,587 | €41,935 | +€19,348 | +85.7% |
| Suppliers | 440/4 | €22,587 | €41,935 | +€19,348 | +85.7% |
| Advances received on contracts in progress | 46 | - | €1,638 | +€1,638 | |
| Taxes, remuneration and social security | 45 | €628 | €6,224 | +€5,596 | +891% |
| Taxes | 450/3 | €628 | €6,224 | +€5,596 | +891% |
| Other amounts payable | 47/48 | - | €24,669 | +€24,669 | |
| Accrued charges and deferred income | 492/3 | €125,882 | - | -€125,882 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,000 | - | -€15,000 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €10,000 | +€10,000 | |
| Other operating charges | 640/8 | €17,326 | €2,869 | -€14,457 | -83.4% |
| Gross operating margin | 9900 | €37,750 | €19,547 | -€18,203 | -48.2% |
| Operating profit (loss) | 9901 | €5,424 | €6,678 | +€1,254 | +23.1% |
| Financial income | 75/76B | €17 | - | -€17 | |
| Recurring financial income | 75 | €17 | - | -€17 | |
| Financial charges | 65/66B | €7,981 | €2,787 | -€5,194 | -65.1% |
| Recurring financial charges | 65 | €7,981 | €2,787 | -€5,194 | -65.1% |
| Profit (loss) for the period before taxes | 9903 | -€2,540 | €3,891 | +€6,431 | |
| Income taxes | 67/77 | €382 | - | -€382 | |
| Profit (loss) for the period | 9904 | -€2,922 | €3,891 | +€6,813 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,922 | €3,891 | +€6,813 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.