4REALITY: 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.
4REALITY
Largest movements
- Receivables within one year +€97,000
up €97,000 (+45.7%), from €212,459 to €309,458
of which Other amounts receivable: +€98,964
- Tangible fixed assets -€10,282
down €10,282 (-24.2%), from €42,494 to €32,212
of which Leasing and similar rights: -€8,500
- Other debts +€192,182
up €192,182 (+586.7%), from €32,758 to €224,940
- Profit (loss) carried forward -€87,642
down €87,642 (-81.6%), from €107,344 to €19,703
- Trade debts -€29,089
down €29,089 (-39.3%), from €73,943 to €44,853
- Tax, wage and social debts +€17,855
up €17,855 (+200.1%), from €8,924 to €26,780
of which Taxes: +€19,128
- Debts after one year -€6,331
down €6,331 (-25.6%), from €24,706 to €18,375
- Gross operating margin +€24,023
up €24,023 (+64.3%), from €37,340 to €61,363
- Taxes +€6,506
up €6,506 (+67.8%), from €9,593 to €16,098
- Financial income -€5,291
down €5,291 (-86.6%), from €6,109 to €818
- Depreciation +€4,925
up €4,925 (+137.8%), from €3,575 to €8,500
- Other operating charges -€2,339
down €2,339 (-50.0%), from €4,676 to €2,337
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 | €259,081 | €346,150 | +€87,069 | +33.6% |
| Fixed assets | 21/28 | €42,494 | €32,212 | -€10,282 | -24.2% |
| Tangible fixed assets | 22/27 | €42,494 | €32,212 | -€10,282 | -24.2% |
| Furniture and vehicles | 24 | €1,782 | - | -€1,782 | |
| Leasing and similar rights | 25 | €40,713 | €32,212 | -€8,500 | -20.9% |
| Current assets | 29/58 | €216,587 | €313,938 | +€97,351 | +44.9% |
| Amounts receivable within one year | 40/41 | €212,459 | €309,458 | +€97,000 | +45.7% |
| Trade receivables | 40 | €36,964 | €35,000 | -€1,964 | -5.3% |
| Other amounts receivable | 41 | €175,494 | €274,458 | +€98,964 | +56.4% |
| Current investments | 50/53 | €500 | €500 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €353 | €545 | +€192 | +54.2% |
| Deferred charges and accrued income | 490/1 | €3,275 | €3,435 | +€160 | +4.9% |
| Total equity and liabilities | 10/49 | €259,081 | €346,150 | +€87,069 | +33.6% |
| Equity | 10/15 | €111,344 | €23,703 | -€87,642 | -78.7% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €107,344 | €19,703 | -€87,642 | -81.6% |
| Amounts payable | 17/49 | €147,737 | €322,447 | +€174,711 | +118.3% |
| Amounts payable after more than one year | 17 | €24,706 | €18,375 | -€6,331 | -25.6% |
| Financial debts | 170/4 | €24,706 | €18,375 | -€6,331 | -25.6% |
| Amounts payable within one year | 42/48 | €121,757 | €302,904 | +€181,146 | +148.8% |
| Current portion of amounts payable after more than one year | 42 | €6,132 | €6,331 | +€198 | +3.2% |
| Trade debts | 44 | €73,943 | €44,853 | -€29,089 | -39.3% |
| Suppliers | 440/4 | €73,943 | €44,853 | -€29,089 | -39.3% |
| Taxes, remuneration and social security | 45 | €8,924 | €26,780 | +€17,855 | +200.1% |
| Taxes | 450/3 | €4,694 | €23,822 | +€19,128 | +407.5% |
| Remuneration and social security | 454/9 | €4,231 | €2,957 | -€1,273 | -30.1% |
| Other amounts payable | 47/48 | €32,758 | €224,940 | +€192,182 | +586.7% |
| Accrued charges and deferred income | 492/3 | €1,273 | €1,168 | -€105 | -8.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,575 | €8,500 | +€4,925 | +137.8% |
| Other operating charges | 640/8 | €4,676 | €2,337 | -€2,339 | -50.0% |
| Gross operating margin | 9900 | €37,340 | €61,363 | +€24,023 | +64.3% |
| Operating profit (loss) | 9901 | €29,089 | €50,526 | +€21,437 | +73.7% |
| Financial income | 75/76B | €6,109 | €818 | -€5,291 | -86.6% |
| Recurring financial income | 75 | €6,109 | €818 | -€5,291 | -86.6% |
| Financial charges | 65/66B | €3,155 | €2,887 | -€268 | -8.5% |
| Recurring financial charges | 65 | €3,155 | €2,887 | -€268 | -8.5% |
| Profit (loss) for the period before taxes | 9903 | €32,043 | €48,457 | +€16,414 | +51.2% |
| Income taxes | 67/77 | €9,593 | €16,098 | +€6,506 | +67.8% |
| Profit (loss) for the period | 9904 | €22,451 | €32,358 | +€9,908 | +44.1% |
| Profit (loss) for the period to be appropriated | 9905 | €22,451 | €32,358 | +€9,908 | +44.1% |
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.