4Projects: 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.
4Projects
Largest movements
- Intangible fixed assets -€1,175
down €1,175 (-79.2%), from €1,483 to €308
- Cash +€57
up €57 (+12.5%), from €454 to €510
mainly Trade debts (+€2,870) and Depreciation (+€1,175)
- Profit (loss) carried forward -€3,881
down €3,881 (-1.9%), from -€205,992 to -€209,874
- Trade debts +€2,870
up €2,870 (+33.8%), from €8,494 to €11,364
- Advances received -€103
down €103 (-100.0%), from €103 to €0
- Gross operating margin +€3,399
up €3,399 (+60.1%), from -€5,653 to -€2,254
- Depreciation -€1,175
down €1,175 (-50.0%), from €2,350 to €1,175
- Financial income +€103
new in 2024: €103
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,937 | €818 | -€1,118 | -57.7% |
| Fixed assets | 21/28 | €1,483 | €308 | -€1,175 | -79.2% |
| Intangible fixed assets | 21 | €1,483 | €308 | -€1,175 | -79.2% |
| Current assets | 29/58 | €454 | €510 | +€57 | +12.5% |
| Amounts receivable within one year | 40/41 | €0 | - | = | |
| Trade receivables | 40 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €454 | €510 | +€57 | +12.5% |
| Total equity and liabilities | 10/49 | €1,937 | €818 | -€1,118 | -57.7% |
| Equity | 10/15 | -€185,992 | -€189,874 | -€3,881 | -2.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€205,992 | -€209,874 | -€3,881 | -1.9% |
| Amounts payable | 17/49 | €187,929 | €190,692 | +€2,763 | +1.5% |
| Amounts payable after more than one year | 17 | €169,389 | €169,389 | = | 0.0% |
| Other amounts payable | 178/9 | €169,389 | €169,389 | = | 0.0% |
| Amounts payable within one year | 42/48 | €8,601 | €11,364 | +€2,763 | +32.1% |
| Financial debts | 43 | €3 | €0 | -€3 | -100.0% |
| Credit institutions | 430/8 | €3 | €0 | -€3 | -100.0% |
| Trade debts | 44 | €8,494 | €11,364 | +€2,870 | +33.8% |
| Suppliers | 440/4 | €8,494 | €11,364 | +€2,870 | +33.8% |
| Advances received on contracts in progress | 46 | €103 | €0 | -€103 | -100.0% |
| Accrued charges and deferred income | 492/3 | €9,939 | €9,939 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,350 | €1,175 | -€1,175 | -50.0% |
| Other operating charges | 640/8 | €384 | €387 | +€3 | +0.8% |
| Gross operating margin | 9900 | -€5,653 | -€2,254 | +€3,399 | +60.1% |
| Operating profit (loss) | 9901 | -€8,387 | -€3,816 | +€4,571 | +54.5% |
| Financial income | 75/76B | - | €103 | +€103 | |
| Recurring financial income | 75 | - | €103 | +€103 | |
| Financial charges | 65/66B | €123 | €169 | +€46 | +37.0% |
| Recurring financial charges | 65 | €123 | €169 | +€46 | +37.0% |
| Profit (loss) for the period before taxes | 9903 | -€8,510 | -€3,881 | +€4,629 | +54.4% |
| Profit (loss) for the period | 9904 | -€8,510 | -€3,881 | +€4,629 | +54.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,510 | -€3,881 | +€4,629 | +54.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.