4PTS: 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.
4PTS
Largest movements
- Tangible fixed assets +€22,956
up €22,956 (+1549.1%), from €1,482 to €24,438
of which Furniture and vehicles: +€21,023
- Cash +€10,452
up €10,452 (+4.9%), from €215,387 to €225,839
mainly Net result for the year (+€56,851) and Depreciation (+€1,530)
- Reserves +€56,851
up €56,851 (+26.1%), from €218,087 to €274,938
- Tax, wage and social debts -€15,876
down €15,876 (-26.4%), from €60,185 to €44,309
- Other debts -€6,973
down €6,973 (-100.0%), from €6,973 to €0
- Gross operating margin -€15,600
down €15,600 (-15.5%), from €100,571 to €84,971
- Financial income +€1,944
up €1,944 (+208.0%), from €935 to €2,878
- Financial charges -€1,768
down €1,768 (-79.0%), from €2,237 to €469
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 | €287,194 | €320,473 | +€33,280 | +11.6% |
| Fixed assets | 21/28 | €1,482 | €24,438 | +€22,956 | +1549.1% |
| Tangible fixed assets | 22/27 | €1,482 | €24,438 | +€22,956 | +1549.1% |
| Land and buildings | 22 | €1,482 | - | -€1,482 | |
| Plant, machinery and equipment | 23 | - | €3,415 | +€3,415 | |
| Furniture and vehicles | 24 | - | €21,023 | +€21,023 | |
| Current assets | 29/58 | €285,712 | €296,035 | +€10,323 | +3.6% |
| Amounts receivable within one year | 40/41 | €29,215 | €30,101 | +€886 | +3.0% |
| Trade receivables | 40 | €29,215 | €25,666 | -€3,548 | -12.1% |
| Other amounts receivable | 41 | - | €4,435 | +€4,435 | |
| Current investments | 50/53 | €39,363 | €39,417 | +€55 | +0.1% |
| Cash at bank and in hand | 54/58 | €215,387 | €225,839 | +€10,452 | +4.9% |
| Deferred charges and accrued income | 490/1 | €1,747 | €678 | -€1,070 | -61.2% |
| Total equity and liabilities | 10/49 | €287,194 | €320,473 | +€33,280 | +11.6% |
| Equity | 10/15 | €219,097 | €275,948 | +€56,851 | +25.9% |
| Contributions | 10/11 | €1,010 | €1,010 | = | 0.0% |
| Reserves | 13 | €218,087 | €274,938 | +€56,851 | +26.1% |
| Distributable reserves | 133 | €218,087 | €274,938 | +€56,851 | +26.1% |
| Amounts payable | 17/49 | €68,097 | €44,526 | -€23,571 | -34.6% |
| Amounts payable within one year | 42/48 | €68,097 | €44,526 | -€23,571 | -34.6% |
| Trade debts | 44 | €940 | €217 | -€722 | -76.9% |
| Suppliers | 440/4 | €940 | €217 | -€722 | -76.9% |
| Taxes, remuneration and social security | 45 | €60,185 | €44,309 | -€15,876 | -26.4% |
| Taxes | 450/3 | €60,185 | €44,309 | -€15,876 | -26.4% |
| Other amounts payable | 47/48 | €6,973 | €0 | -€6,973 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €702 | €1,530 | +€828 | +117.9% |
| Other operating charges | 640/8 | €729 | €465 | -€264 | -36.2% |
| Gross operating margin | 9900 | €100,571 | €84,971 | -€15,600 | -15.5% |
| Operating profit (loss) | 9901 | €99,140 | €82,976 | -€16,164 | -16.3% |
| Financial income | 75/76B | €935 | €2,878 | +€1,944 | +208.0% |
| Recurring financial income | 75 | €935 | €2,878 | +€1,944 | +208.0% |
| Financial charges | 65/66B | €2,237 | €469 | -€1,768 | -79.0% |
| Recurring financial charges | 65 | €2,237 | €469 | -€1,768 | -79.0% |
| Profit (loss) for the period before taxes | 9903 | €97,837 | €85,384 | -€12,453 | -12.7% |
| Income taxes | 67/77 | €28,262 | €28,534 | +€272 | +1.0% |
| Profit (loss) for the period | 9904 | €69,575 | €56,851 | -€12,725 | -18.3% |
| Profit (loss) for the period to be appropriated | 9905 | €69,575 | €56,851 | -€12,725 | -18.3% |
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 1 October 2026 via checked.be.