4MITEC: 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.
4MITEC
Largest movements
- Current investments -€445,382
down €445,382 (-94.7%), from €470,382 to €25,000
- Receivables within one year +€277,714
up €277,714 (+1,155%), from €24,051 to €301,765
of which Other amounts receivable: +€235,483
- Cash -€144,915
down €144,915 (-89.1%), from €162,605 to €17,690
mainly Other debts (-€376,854) and Receivables within one year (-€277,714)
- Other debts -€376,854
down €376,854 (-100%), from €376,854 to €0
- Reserves +€107,058
up €107,058 (+107%), from €99,892 to €206,950
of which Distributable reserves: +€107,058
- Tax, wage and social debts -€42,691
down €42,691 (-45.8%), from €93,279 to €50,588
- Gross operating margin +€12,768
up €12,768 (+11.2%), from €114,328 to €127,096
- Financial charges +€7,052
up €7,052, from -€6,560 to €492
- Taxes -€4,912
down €4,912 (-9.8%), from €50,104 to €45,192
- Financial income -€1,758
down €1,758 (-6.2%), from €28,250 to €26,492
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 | €659,483 | €344,951 | -€314,532 | -47.7% |
| Current assets | 29/58 | €659,483 | €344,951 | -€314,532 | -47.7% |
| Amounts receivable within one year | 40/41 | €24,051 | €301,765 | +€277,714 | +1,155% |
| Trade receivables | 40 | €14,051 | €56,282 | +€42,231 | +301% |
| Other amounts receivable | 41 | €10,000 | €245,483 | +€235,483 | +2,355% |
| Current investments | 50/53 | €470,382 | €25,000 | -€445,382 | -94.7% |
| Cash at bank and in hand | 54/58 | €162,605 | €17,690 | -€144,915 | -89.1% |
| Deferred charges and accrued income | 490/1 | €2,444 | €496 | -€1,948 | -79.7% |
| Total equity and liabilities | 10/49 | €659,483 | €344,951 | -€314,532 | -47.7% |
| Equity | 10/15 | €185,727 | €292,785 | +€107,058 | +57.6% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €99,892 | €206,950 | +€107,058 | +107% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €98,037 | €205,095 | +€107,058 | +109% |
| Profit (loss) carried forward | 14 | €67,285 | €67,285 | = | 0.0% |
| Amounts payable | 17/49 | €473,755 | €52,166 | -€421,590 | -89.0% |
| Amounts payable within one year | 42/48 | €473,755 | €52,166 | -€421,590 | -89.0% |
| Trade debts | 44 | €3,623 | €1,577 | -€2,045 | -56.5% |
| Suppliers | 440/4 | €3,623 | €1,577 | -€2,045 | -56.5% |
| Taxes, remuneration and social security | 45 | €93,279 | €50,588 | -€42,691 | -45.8% |
| Taxes | 450/3 | €93,279 | €50,588 | -€42,691 | -45.8% |
| Other amounts payable | 47/48 | €376,854 | €0 | -€376,854 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €997 | €846 | -€151 | -15.2% |
| Gross operating margin | 9900 | €114,328 | €127,096 | +€12,768 | +11.2% |
| Operating profit (loss) | 9901 | €113,331 | €126,250 | +€12,919 | +11.4% |
| Financial income | 75/76B | €28,250 | €26,492 | -€1,758 | -6.2% |
| Recurring financial income | 75 | €28,250 | €26,492 | -€1,758 | -6.2% |
| Financial charges | 65/66B | -€6,560 | €492 | +€7,052 | |
| Recurring financial charges | 65 | -€6,560 | €492 | +€7,052 | |
| Profit (loss) for the period before taxes | 9903 | €148,141 | €152,250 | +€4,109 | +2.8% |
| Income taxes | 67/77 | €50,104 | €45,192 | -€4,912 | -9.8% |
| Profit (loss) for the period | 9904 | €98,037 | €107,058 | +€9,021 | +9.2% |
| Profit (loss) for the period to be appropriated | 9905 | €98,037 | €107,058 | +€9,021 | +9.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.