4MAT4: 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.
What changed
4MAT4
NACE 59.113, Video and film production, excluding cinema and television films
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€1.2m
2024 · €938,167+€292,622
Equity
€6.3m
2024 · €5.4m+€943,337
Cash
€1.6m
2024 · €1.0m+€581,990
Balance sheet total
€6.6m
2024 · €6.5m+€157,728
Largest movements
Assets
- Current investments -€875,152
down €875,152 (-33.3%), from €2.6m to €1.8m
- Cash +€581,990
up €581,990 (+56.8%), from €1.0m to €1.6m
mainly Net result for the year (+€1.2m) and Current investments (+€875,152)
- Financial fixed assets +€509,985
up €509,985 (+65.2%), from €782,500 to €1.3m
Equity and liabilities
- Reserves +€943,337
up €943,337 (+18.4%), from €5.1m to €6.1m
- Trade debts -€841,547
down €841,547 (-82.9%), from €1.0m to €173,920
Income statement
- Financial income +€266,778
up €266,778 (+58.1%), from €459,418 to €726,196
- Gross operating margin +€142,653
up €142,653 (+16.8%), from €849,133 to €991,786
- Financial charges +€114,341
up €114,341 (+179.2%), from €63,791 to €178,132
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
€938,167
Gross operating margin
+€142,653
Depreciation
-€2,349
Other operating charges
+€949
Other operating items
-€194
Financial income
+€266,778
Financial charges
-€114,341
Taxes
-€873
Result 2025
€1.2m
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.
From operations
+€518,006
Investment
+€351,435
Financing
-€287,452
Cash 2024
€1.0m
From operations (derived)
+€518,006
Net result for the year
+€1.2m
Depreciation
+€12,848
Receivables after one year
+€35,000
Receivables within one year
+€17,262
Deferred charges and accrued income
+€7,716
Trade debts
-€841,547
Tax, wage and social debts
+€51,483
Accrued charges and deferred income
+€4,456
Investment (derived)
+€351,435
Investment in fixed assets (net)
-€523,717
Current investments
+€875,152
Financing
-€287,452
Short-term financial debts
-€0
Contributions, distributions and other
-€287,452
Cash 2025
€1.6m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,465,356 | €6,623,084 | +€157,728 | +2.4% |
| Fixed assets | 21/28 | €1,112,489 | €1,623,359 | +€510,869 | +45.9% |
| Tangible fixed assets | 22/27 | €329,989 | €330,874 | +€884 | +0.3% |
| Land and buildings | 22 | €327,592 | €317,758 | -€9,834 | -3.0% |
| Plant, machinery and equipment | 23 | €663 | €9,332 | +€8,669 | +1306.8% |
| Furniture and vehicles | 24 | €1,735 | €3,784 | +€2,049 | +118.1% |
| Financial fixed assets | 28 | €782,500 | €1,292,485 | +€509,985 | +65.2% |
| Current assets | 29/58 | €5,352,866 | €4,999,725 | -€353,141 | -6.6% |
| Amounts receivable after more than one year | 29 | €1,035,000 | €1,000,000 | -€35,000 | -3.4% |
| Other amounts receivable | 291 | €1,035,000 | €1,000,000 | -€35,000 | -3.4% |
| Amounts receivable within one year | 40/41 | €653,247 | €635,985 | -€17,262 | -2.6% |
| Trade receivables | 40 | €406,174 | €281,742 | -€124,432 | -30.6% |
| Other amounts receivable | 41 | €247,073 | €354,243 | +€107,169 | +43.4% |
| Current investments | 50/53 | €2,628,319 | €1,753,167 | -€875,152 | -33.3% |
| Cash at bank and in hand | 54/58 | €1,024,899 | €1,606,889 | +€581,990 | +56.8% |
| Deferred charges and accrued income | 490/1 | €11,401 | €3,684 | -€7,716 | -67.7% |
| Total equity and liabilities | 10/49 | €6,465,356 | €6,623,084 | +€157,728 | +2.4% |
| Equity | 10/15 | €5,391,134 | €6,334,471 | +€943,337 | +17.5% |
| Contributions | 10/11 | €266,500 | €266,500 | = | 0.0% |
| Reserves | 13 | €5,124,634 | €6,067,971 | +€943,337 | +18.4% |
| Distributable reserves | 133 | €5,124,634 | €6,067,971 | +€943,337 | +18.4% |
| Amounts payable | 17/49 | €1,074,222 | €288,613 | -€785,608 | -73.1% |
| Amounts payable within one year | 42/48 | €1,059,164 | €269,099 | -€790,065 | -74.6% |
| Financial debts | 43 | €0 | - | -€0 | |
| Credit institutions | 430/8 | €0 | - | -€0 | |
| Trade debts | 44 | €1,015,467 | €173,920 | -€841,547 | -82.9% |
| Suppliers | 440/4 | €1,015,467 | €173,920 | -€841,547 | -82.9% |
| Taxes, remuneration and social security | 45 | €43,696 | €95,179 | +€51,483 | +117.8% |
| Taxes | 450/3 | €40,696 | €92,179 | +€51,483 | +126.5% |
| Remuneration and social security | 454/9 | €3,000 | €3,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €15,058 | €19,514 | +€4,456 | +29.6% |
| Non-recurring operating income | 76A | €905 | - | -€905 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,499 | €12,848 | +€2,349 | +22.4% |
| Other operating charges | 640/8 | €3,081 | €2,132 | -€949 | -30.8% |
| Non-recurring operating charges | 66A | €233 | €427 | +€194 | +83.2% |
| Gross operating margin | 9900 | €849,133 | €991,786 | +€142,653 | +16.8% |
| Operating profit (loss) | 9901 | €835,320 | €976,379 | +€141,058 | +16.9% |
| Financial income | 75/76B | €459,418 | €726,196 | +€266,778 | +58.1% |
| Recurring financial income | 75 | €459,418 | €726,196 | +€266,778 | +58.1% |
| Financial charges | 65/66B | €63,791 | €178,132 | +€114,341 | +179.2% |
| Recurring financial charges | 65 | €63,791 | €178,132 | +€114,341 | +179.2% |
| Profit (loss) for the period before taxes | 9903 | €1,230,947 | €1,524,442 | +€293,495 | +23.8% |
| Income taxes | 67/77 | €292,781 | €293,654 | +€873 | +0.3% |
| Profit (loss) for the period | 9904 | €938,167 | €1,230,788 | +€292,622 | +31.2% |
| Profit (loss) for the period to be appropriated | 9905 | €938,167 | €1,230,788 | +€292,622 | +31.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.