4Partners: 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.
4Partners
Largest movements
- Tangible fixed assets +€9,201
up €9,201 (+348.3%), from €2,642 to €11,843
of which Furniture and vehicles: +€9,379
- Receivables within one year +€3,975
up €3,975 (+13.1%), from €30,320 to €34,294
of which Other amounts receivable: +€3,975
- Other debts +€36,716
up €36,716 (+39.5%), from €93,021 to €129,737
- Profit (loss) carried forward -€23,394
down €23,394 (-24.3%), from -€96,307 to -€119,701
- Gross operating margin -€3,437
down €3,437 (-18.7%), from -€18,360 to -€21,797
- Financial charges -€369
down €369 (-63.0%), from €586 to €217
- Depreciation +€246
up €246 (+21.7%), from €1,134 to €1,381
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 | €35,757 | €48,944 | +€13,186 | +36.9% |
| Fixed assets | 21/28 | €2,642 | €11,843 | +€9,201 | +348.3% |
| Tangible fixed assets | 22/27 | €2,642 | €11,843 | +€9,201 | +348.3% |
| Furniture and vehicles | 24 | €2,295 | €11,673 | +€9,379 | +408.7% |
| Other tangible fixed assets | 26 | €347 | €170 | -€178 | -51.2% |
| Current assets | 29/58 | €33,115 | €37,101 | +€3,986 | +12.0% |
| Amounts receivable within one year | 40/41 | €30,320 | €34,294 | +€3,975 | +13.1% |
| Trade receivables | 40 | €30,320 | €30,320 | = | 0.0% |
| Other amounts receivable | 41 | - | €3,975 | +€3,975 | |
| Cash at bank and in hand | 54/58 | €27 | €38 | +€11 | +41.4% |
| Deferred charges and accrued income | 490/1 | €2,768 | €2,768 | = | 0.0% |
| Total equity and liabilities | 10/49 | €35,757 | €48,944 | +€13,186 | +36.9% |
| Equity | 10/15 | -€91,307 | -€114,701 | -€23,394 | -25.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€96,307 | -€119,701 | -€23,394 | -24.3% |
| Amounts payable | 17/49 | €127,064 | €163,645 | +€36,581 | +28.8% |
| Amounts payable within one year | 42/48 | €127,064 | €163,645 | +€36,581 | +28.8% |
| Trade debts | 44 | €31,745 | €31,610 | -€135 | -0.4% |
| Suppliers | 440/4 | €31,745 | €31,610 | -€135 | -0.4% |
| Taxes, remuneration and social security | 45 | €2,298 | €2,298 | = | 0.0% |
| Taxes | 450/3 | €2,298 | €2,298 | = | 0.0% |
| Other amounts payable | 47/48 | €93,021 | €129,737 | +€36,716 | +39.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,134 | €1,381 | +€246 | +21.7% |
| Other operating charges | 640/8 | €50 | - | -€50 | |
| Gross operating margin | 9900 | -€18,360 | -€21,797 | -€3,437 | -18.7% |
| Operating profit (loss) | 9901 | -€19,544 | -€23,178 | -€3,633 | -18.6% |
| Financial income | 75/76B | €8 | - | -€8 | |
| Recurring financial income | 75 | €8 | - | -€8 | |
| Financial charges | 65/66B | €586 | €217 | -€369 | -63.0% |
| Recurring financial charges | 65 | €586 | €217 | -€369 | -63.0% |
| Profit (loss) for the period before taxes | 9903 | -€20,122 | -€23,394 | -€3,272 | -16.3% |
| Income taxes | 67/77 | €61 | - | -€61 | |
| Profit (loss) for the period | 9904 | -€20,184 | -€23,394 | -€3,211 | -15.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€20,184 | -€23,394 | -€3,211 | -15.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.