4N-QUATTRO ENNE MODE: what changed
4N-QUATTRO ENNE MODE
Largest movements
- Tangible fixed assets -€2,181
down €2,181 (-59.1%), from €3,688 to €1,507
of which Land and buildings: -€1,974
- Stocks and contracts -€1,659
down €1,659 (-16.0%), from €10,376 to €8,717
- Cash +€1,501
up €1,501 (+159%), from €944 to €2,445
mainly Depreciation (+€2,421) and Stocks and contracts (+€1,659)
- Receivables within one year +€755
up €755 (+5,033%), from €15 to €770
- Formation expenses -€240
down €240 (-92.6%), from €259 to €19
- Profit (loss) carried forward -€1,939
down €1,939 (-49.0%), from -€3,956 to -€5,895
- Trade debts +€771
up €771 (+104%), from €742 to €1,513
- Tax, wage and social debts -€700
down €700 (-85.9%), from €814 to €115
- Gross operating margin -€2,176
down €2,176 (-48.7%), from €4,468 to €2,293
- Other operating charges -€499
down €499 (-29.0%), from €1,720 to €1,221
- Depreciation -€245
down €245 (-9.2%), from €2,666 to €2,421
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 | €15,312 | €13,527 | -€1,785 | -11.7% |
| Formation expenses | 20 | €259 | €19 | -€240 | -92.6% |
| Fixed assets | 21/28 | €3,688 | €1,507 | -€2,181 | -59.1% |
| Tangible fixed assets | 22/27 | €3,688 | €1,507 | -€2,181 | -59.1% |
| Land and buildings | 22 | €3,481 | €1,507 | -€1,974 | -56.7% |
| Plant, machinery and equipment | 23 | €207 | €0 | -€207 | -100% |
| Current assets | 29/58 | €11,365 | €12,001 | +€636 | +5.6% |
| Stocks and contracts in progress | 3 | €10,376 | €8,717 | -€1,659 | -16.0% |
| Stocks | 30/36 | €10,376 | €8,717 | -€1,659 | -16.0% |
| Amounts receivable within one year | 40/41 | €15 | €770 | +€755 | +5,033% |
| Trade receivables | 40 | €15 | €770 | +€755 | +5,033% |
| Cash at bank and in hand | 54/58 | €944 | €2,445 | +€1,501 | +159% |
| Deferred charges and accrued income | 490/1 | €30 | €69 | +€39 | +129% |
| Total equity and liabilities | 10/49 | €15,312 | €13,527 | -€1,785 | -11.7% |
| Equity | 10/15 | -€456 | -€2,395 | -€1,939 | -425% |
| Contributions | 10/11 | €3,500 | €3,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,956 | -€5,895 | -€1,939 | -49.0% |
| Amounts payable | 17/49 | €15,768 | €15,922 | +€154 | +1.0% |
| Amounts payable within one year | 42/48 | €15,361 | €15,506 | +€146 | +0.9% |
| Trade debts | 44 | €742 | €1,513 | +€771 | +104% |
| Suppliers | 440/4 | €742 | €1,513 | +€771 | +104% |
| Taxes, remuneration and social security | 45 | €814 | €115 | -€700 | -85.9% |
| Taxes | 450/3 | €814 | €115 | -€700 | -85.9% |
| Other amounts payable | 47/48 | €13,805 | €13,879 | +€74 | +0.5% |
| Accrued charges and deferred income | 492/3 | €407 | €415 | +€8 | +2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,666 | €2,421 | -€245 | -9.2% |
| Other operating charges | 640/8 | €1,720 | €1,221 | -€499 | -29.0% |
| Gross operating margin | 9900 | €4,468 | €2,293 | -€2,176 | -48.7% |
| Operating profit (loss) | 9901 | €83 | -€1,350 | -€1,432 | |
| Financial income | 75/76B | €0 | €0 | +€0 | +50.0% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +50.0% |
| Financial charges | 65/66B | €570 | €589 | +€19 | +3.4% |
| Recurring financial charges | 65 | €570 | €589 | +€19 | +3.4% |
| Profit (loss) for the period before taxes | 9903 | -€487 | -€1,939 | -€1,452 | -298% |
| Profit (loss) for the period | 9904 | -€487 | -€1,939 | -€1,452 | -298% |
| Profit (loss) for the period to be appropriated | 9905 | -€487 | -€1,939 | -€1,452 | -298% |
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 5 November 2026 via checked.be.