4ORCE: 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.
4ORCE
Largest movements
- Cash -€228,069
down €228,069 (-42.8%), from €532,872 to €304,803
mainly Other debts (-€200,000) and Net result for the year (-€54,013)
- Receivables within one year -€26,282
down €26,282 (-98.2%), from €26,766 to €483
- Other debts -€200,000
down €200,000 (-98.6%), from €202,915 to €2,915
- Profit (loss) carried forward -€54,013
down €54,013 (-14.9%), from €362,953 to €308,941
- Gross operating margin -€392,283
down €392,283, from €341,722 to -€50,561
- Taxes -€85,297
down €85,297 (-99.8%), from €85,472 to €176
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 | €571,460 | €317,151 | -€254,309 | -44.5% |
| Fixed assets | 21/28 | €11,260 | €11,281 | +€22 | +0.2% |
| Tangible fixed assets | 22/27 | €11,260 | €11,281 | +€22 | +0.2% |
| Plant, machinery and equipment | 23 | €11,260 | €11,281 | +€22 | +0.2% |
| Current assets | 29/58 | €560,201 | €305,870 | -€254,331 | -45.4% |
| Amounts receivable within one year | 40/41 | €26,766 | €483 | -€26,282 | -98.2% |
| Other amounts receivable | 41 | €26,766 | €483 | -€26,282 | -98.2% |
| Cash at bank and in hand | 54/58 | €532,872 | €304,803 | -€228,069 | -42.8% |
| Deferred charges and accrued income | 490/1 | €563 | €583 | +€20 | +3.6% |
| Total equity and liabilities | 10/49 | €571,460 | €317,151 | -€254,309 | -44.5% |
| Equity | 10/15 | €365,953 | €311,941 | -€54,013 | -14.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €362,953 | €308,941 | -€54,013 | -14.9% |
| Amounts payable | 17/49 | €205,507 | €5,210 | -€200,297 | -97.5% |
| Amounts payable within one year | 42/48 | €205,507 | €5,210 | -€200,297 | -97.5% |
| Trade debts | 44 | €2,420 | €2,053 | -€367 | -15.2% |
| Suppliers | 440/4 | €2,420 | €2,053 | -€367 | -15.2% |
| Taxes, remuneration and social security | 45 | €172 | €242 | +€70 | +40.7% |
| Taxes | 450/3 | €172 | €242 | +€70 | +40.7% |
| Other amounts payable | 47/48 | €202,915 | €2,915 | -€200,000 | -98.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,587 | €2,876 | +€290 | +11.2% |
| Other operating charges | 640/8 | - | €400 | +€400 | |
| Gross operating margin | 9900 | €341,722 | -€50,561 | -€392,283 | |
| Operating profit (loss) | 9901 | €339,136 | -€53,837 | -€392,973 | |
| Financial charges | 65/66B | €125 | - | -€125 | |
| Recurring financial charges | 65 | €125 | - | -€125 | |
| Profit (loss) for the period before taxes | 9903 | €339,011 | -€53,837 | -€392,848 | |
| Income taxes | 67/77 | €85,472 | €176 | -€85,297 | -99.8% |
| Profit (loss) for the period | 9904 | €253,539 | -€54,013 | -€307,551 | |
| Profit (loss) for the period to be appropriated | 9905 | €253,539 | -€54,013 | -€307,551 |
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 12 October 2026 via checked.be.