4TheFuture: 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.
4TheFuture
Largest movements
- Receivables within one year +€152,817
up €152,817 (+814.8%), from €18,755 to €171,572
of which Other amounts receivable: +€152,817
- Cash +€103,802
up €103,802 (+75.4%), from €137,746 to €241,548
mainly Net result for the year (+€917,247) and Trade debts (+€1,016)
- Reserves +€537,247
up €537,247 (+18.9%), from €2.8m to €3.4m
- Debts after one year -€277,571
down €277,571 (-100.0%), from €277,571 to €0
- Financial income +€198,646
up €198,646 (+29.0%), from €684,128 to €882,774
of which Financial income: +€202,774
- Financial charges -€8,186
down €8,186 (-37.5%), from €21,854 to €13,668
- Turnover +€6,000
up €6,000 (+3.3%), from €180,000 to €186,000
- Taxes +€3,543
up €3,543 (+39.9%), from €8,873 to €12,416
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 | €6,368,463 | €6,625,082 | +€256,619 | +4.0% |
| Fixed assets | 21/28 | €6,211,962 | €6,211,962 | = | 0.0% |
| Financial fixed assets | 28 | €6,211,962 | €6,211,962 | = | 0.0% |
| Affiliated companies | 280/1 | €3,297,581 | €3,297,581 | = | 0.0% |
| Participating interests | 280 | €3,297,581 | €3,297,581 | = | 0.0% |
| Companies linked by participating interests | 282/3 | €2,914,381 | €2,914,381 | = | 0.0% |
| Participating interests | 282 | €2,914,381 | €2,914,381 | = | 0.0% |
| Current assets | 29/58 | €156,501 | €413,120 | +€256,619 | +164.0% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €18,755 | €171,572 | +€152,817 | +814.8% |
| Trade receivables | 40 | €18,755 | €18,755 | = | 0.0% |
| Other amounts receivable | 41 | €0 | €152,817 | +€152,817 | |
| Cash at bank and in hand | 54/58 | €137,746 | €241,548 | +€103,802 | +75.4% |
| Total equity and liabilities | 10/49 | €6,368,463 | €6,625,082 | +€256,619 | +4.0% |
| Equity | 10/15 | €5,415,697 | €5,952,944 | +€537,247 | +9.9% |
| Contributions | 10/11 | €2,575,000 | €2,575,000 | = | 0.0% |
| Reserves | 13 | €2,840,697 | €3,377,944 | +€537,247 | +18.9% |
| Distributable reserves | 133 | €2,840,697 | €3,377,944 | +€537,247 | +18.9% |
| Amounts payable | 17/49 | €952,766 | €672,138 | -€280,628 | -29.5% |
| Amounts payable after more than one year | 17 | €277,571 | €0 | -€277,571 | -100.0% |
| Financial debts | 170/4 | €277,571 | €0 | -€277,571 | -100.0% |
| Credit institutions | 173 | €277,571 | €0 | -€277,571 | -100.0% |
| Amounts payable within one year | 42/48 | €675,195 | €672,138 | -€3,057 | -0.5% |
| Current portion of amounts payable after more than one year | 42 | €277,571 | €277,571 | -€0 | 0.0% |
| Trade debts | 44 | €12,463 | €13,479 | +€1,016 | +8.2% |
| Suppliers | 440/4 | €12,463 | €13,479 | +€1,016 | +8.2% |
| Taxes, remuneration and social security | 45 | €5,160 | €1,087 | -€4,073 | -78.9% |
| Taxes | 450/3 | €5,160 | €1,087 | -€4,073 | -78.9% |
| Other amounts payable | 47/48 | €380,000 | €380,000 | = | 0.0% |
| Operating income | 70/76A | €180,000 | €186,000 | +€6,000 | +3.3% |
| Turnover | 70 | €180,000 | €186,000 | +€6,000 | +3.3% |
| Operating charges | 60/66A | €124,244 | €125,443 | +€1,199 | +1.0% |
| Services and other goods | 61 | €122,400 | €123,935 | +€1,535 | +1.3% |
| Other operating charges | 640/8 | €1,844 | €1,508 | -€336 | -18.2% |
| Operating profit (loss) | 9901 | €55,756 | €60,557 | +€4,801 | +8.6% |
| Financial income | 75/76B | €684,128 | €882,774 | +€198,646 | +29.0% |
| Recurring financial income | 75 | €680,000 | €882,774 | +€202,774 | +29.8% |
| Income from financial fixed assets | 750 | €680,000 | €880,000 | +€200,000 | +29.4% |
| Income from current assets | 751 | - | €2,774 | +€2,774 | |
| Non-recurring financial income | 76B | €4,128 | €0 | -€4,128 | -100.0% |
| Financial charges | 65/66B | €21,854 | €13,668 | -€8,186 | -37.5% |
| Recurring financial charges | 65 | €21,854 | €13,668 | -€8,186 | -37.5% |
| Debt charges | 650 | €21,749 | €13,628 | -€8,122 | -37.3% |
| Other financial charges | 652/9 | €105 | €40 | -€64 | -61.4% |
| Profit (loss) for the period before taxes | 9903 | €718,030 | €929,663 | +€211,633 | +29.5% |
| Income taxes | 67/77 | €8,873 | €12,416 | +€3,543 | +39.9% |
| Taxes | 670/3 | €8,873 | €12,416 | +€3,543 | +39.9% |
| Profit (loss) for the period | 9904 | €709,157 | €917,247 | +€208,090 | +29.3% |
| Profit (loss) for the period to be appropriated | 9905 | €709,157 | €917,247 | +€208,090 | +29.3% |
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 8 October 2026 via checked.be.