4SALE: 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.
4SALE
Largest movements
- Receivables within one year +€77,908
up €77,908 (+220%), from €35,479 to €113,387
of which Other amounts receivable: +€47,815
- Stocks and contracts -€42,241
down €42,241 (-12.3%), from €342,241 to €300,000
- Tangible fixed assets -€9,265
down €9,265 (-26.2%), from €35,369 to €26,104
of which Furniture and vehicles: -€9,160
- Tax, wage and social debts +€52,835
up €52,835 (+52.1%), from €101,371 to €154,206
of which Taxes: +€52,835
- Other debts -€24,874
no longer reported in 2024 (was €24,874)
- Current portion of long-term debt -€8,046
no longer reported in 2024 (was €8,046)
- Trade debts +€5,153
up €5,153 (+472%), from €1,092 to €6,245
- Gross operating margin +€13,521
up €13,521 (+105%), from €12,879 to €26,400
- Financial charges +€5,814
up €5,814 (+69.9%), from €8,323 to €14,136
- Depreciation -€5,031
down €5,031 (-35.2%), from €14,297 to €9,265
- Other operating charges +€960
up €960 (+60.7%), from €1,582 to €2,542
- Taxes +€370
up €370 (+194%), from €190 to €560
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.
Derived cash bridge
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 | €417,166 | €446,374 | +€29,208 | +7.0% |
| Fixed assets | 21/28 | €39,204 | €29,939 | -€9,265 | -23.6% |
| Tangible fixed assets | 22/27 | €35,369 | €26,104 | -€9,265 | -26.2% |
| Land and buildings | 22 | €105 | €0 | -€105 | -100% |
| Plant, machinery and equipment | 23 | - | €0 | = | |
| Furniture and vehicles | 24 | €35,264 | €26,104 | -€9,160 | -26.0% |
| Financial fixed assets | 28 | €3,835 | €3,835 | = | 0.0% |
| Current assets | 29/58 | €377,962 | €416,435 | +€38,473 | +10.2% |
| Stocks and contracts in progress | 3 | €342,241 | €300,000 | -€42,241 | -12.3% |
| Stocks | 30/36 | €342,241 | €300,000 | -€42,241 | -12.3% |
| Amounts receivable within one year | 40/41 | €35,479 | €113,387 | +€77,908 | +220% |
| Trade receivables | 40 | €10,157 | €40,250 | +€30,093 | +296% |
| Other amounts receivable | 41 | €25,322 | €73,137 | +€47,815 | +189% |
| Cash at bank and in hand | 54/58 | €65 | €2,201 | +€2,135 | +3,265% |
| Deferred charges and accrued income | 490/1 | €176 | €847 | +€671 | +382% |
| Total equity and liabilities | 10/49 | €417,166 | €446,374 | +€29,208 | +7.0% |
| Equity | 10/15 | €205,578 | €205,482 | -€95 | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €131,340 | €131,340 | = | 0.0% |
| Non-distributable reserves | 130/1 | €131,340 | €131,340 | = | 0.0% |
| Reserves not available under the articles | 1311 | €131,340 | €131,340 | = | 0.0% |
| Profit (loss) carried forward | 14 | €55,637 | €55,542 | -€95 | -0.2% |
| Amounts payable | 17/49 | €211,588 | €240,892 | +€29,303 | +13.8% |
| Amounts payable after more than one year | 17 | €51,206 | €51,206 | = | 0.0% |
| Financial debts | 170/4 | €51,206 | €51,206 | = | 0.0% |
| Amounts payable within one year | 42/48 | €160,382 | €189,685 | +€29,303 | +18.3% |
| Current portion of amounts payable after more than one year | 42 | €8,046 | - | -€8,046 | |
| Financial debts | 43 | €25,000 | €29,235 | +€4,235 | +16.9% |
| Credit institutions | 430/8 | €25,000 | €29,235 | +€4,235 | +16.9% |
| Trade debts | 44 | €1,092 | €6,245 | +€5,153 | +472% |
| Suppliers | 440/4 | €1,092 | €6,245 | +€5,153 | +472% |
| Taxes, remuneration and social security | 45 | €101,371 | €154,206 | +€52,835 | +52.1% |
| Taxes | 450/3 | €97,748 | €150,584 | +€52,835 | +54.1% |
| Remuneration and social security | 454/9 | €3,622 | €3,622 | = | 0.0% |
| Other amounts payable | 47/48 | €24,874 | - | -€24,874 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,297 | €9,265 | -€5,031 | -35.2% |
| Other operating charges | 640/8 | €1,582 | €2,542 | +€960 | +60.7% |
| Gross operating margin | 9900 | €12,879 | €26,400 | +€13,521 | +105% |
| Operating profit (loss) | 9901 | -€3,000 | €14,592 | +€17,592 | |
| Financial income | 75/76B | €2 | €9 | +€7 | +324% |
| Recurring financial income | 75 | €2 | €9 | +€7 | +324% |
| Financial charges | 65/66B | €8,323 | €14,136 | +€5,814 | +69.9% |
| Recurring financial charges | 65 | €8,323 | €14,136 | +€5,814 | +69.9% |
| Profit (loss) for the period before taxes | 9903 | -€11,321 | €465 | +€11,785 | |
| Income taxes | 67/77 | €190 | €560 | +€370 | +194% |
| Profit (loss) for the period | 9904 | -€11,511 | -€95 | +€11,416 | +99.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,511 | -€95 | +€11,416 | +99.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.