4veld: 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.
What changed
4veld
NACE 86.931, Psychology services
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€418,920
2024 · €309,276+€109,645
Equity
€5.6m
2024 · €5.1m+€449,515
Cash
€84,223
2024 · €18,641+€65,582
Balance sheet total
€6.6m
2024 · €6.1m+€472,348
Largest movements
Assets
- Receivables within one year +€328,717
up €328,717 (+28.2%), from €1.2m to €1.5m
of which Trade receivables: +€344,376
- Current investments +€189,583
up €189,583 (+5.9%), from €3.2m to €3.4m
- Tangible fixed assets -€108,155
down €108,155 (-6.3%), from €1.7m to €1.6m
of which Land and buildings: -€65,012
Equity and liabilities
- Profit (loss) carried forward +€433,226
up €433,226 (+18.6%), from €2.3m to €2.8m
Income statement
- Gross operating margin +€232,107
up €232,107 (+7.0%), from €3.3m to €3.5m
- Turnover +€218,814
up €218,814 (+10.9%), from €2.0m to €2.2m
- Staff costs +€119,157
up €119,157 (+4.1%), from €2.9m to €3.0m
- Purchases and services +€75,847
up €75,847 (+7.9%), from €964,496 to €1.0m
- Financial income -€45,844
down €45,844 (-19.3%), from €237,137 to €191,293
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.
Result 2024
€309,276
Gross operating margin
+€232,107
Staff costs
-€119,157
Depreciation
-€36,897
Write-downs
-€7,210
Other operating charges
+€17,226
Other operating items
+€76,190
Financial income
-€45,844
Financial charges
-€6,771
Result 2025
€418,920
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
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.
From operations
+€298,462
Investment
-€241,179
Financing
+€8,298
Cash 2024
€18,641
From operations (derived)
+€298,462
Net result for the year
+€418,920
Depreciation
+€162,076
Receivables within one year
-€328,717
Deferred charges and accrued income
+€1,053
Debts within one year
+€26,648
Accrued charges and deferred income
+€18,481
Investment (derived)
-€241,179
Investment in fixed assets (net)
-€51,595
Current investments
-€189,583
Financing
+€8,298
Debts after one year
-€22,296
Contributions, distributions and other
+€30,594
Cash 2025
€84,223
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,148,885 | €6,621,233 | +€472,348 | +7.7% |
| Fixed assets | 21/28 | €1,722,677 | €1,612,197 | -€110,481 | -6.4% |
| Intangible fixed assets | 21 | €5,196 | €2,870 | -€2,326 | -44.8% |
| Tangible fixed assets | 22/27 | €1,717,204 | €1,609,050 | -€108,155 | -6.3% |
| Land and buildings | 22 | €1,391,862 | €1,326,850 | -€65,012 | -4.7% |
| Furniture and vehicles | 24 | €325,342 | €282,199 | -€43,143 | -13.3% |
| Financial fixed assets | 28 | €277 | €277 | = | 0.0% |
| Current assets | 29/58 | €4,426,207 | €5,009,036 | +€582,829 | +13.2% |
| Amounts receivable within one year | 40/41 | €1,166,480 | €1,495,197 | +€328,717 | +28.2% |
| Trade receivables | 40 | €413,279 | €757,655 | +€344,376 | +83.3% |
| Other amounts receivable | 41 | €753,201 | €737,542 | -€15,659 | -2.1% |
| Current investments | 50/53 | €3,225,224 | €3,414,807 | +€189,583 | +5.9% |
| Cash at bank and in hand | 54/58 | €18,641 | €84,223 | +€65,582 | +352% |
| Deferred charges and accrued income | 490/1 | €15,863 | €14,809 | -€1,053 | -6.6% |
| Total equity and liabilities | 10/49 | €6,148,885 | €6,621,233 | +€472,348 | +7.7% |
| Equity | 10/15 | €5,115,170 | €5,564,685 | +€449,515 | +8.8% |
| Contributions | 10/11 | €369,531 | €396,493 | +€26,962 | +7.3% |
| Capital | 10 | €369,531 | €396,493 | +€26,962 | +7.3% |
| Reserves | 13 | €2,305,205 | €2,290,899 | -€14,305 | -0.6% |
| Profit (loss) carried forward | 14 | €2,325,023 | €2,758,248 | +€433,226 | +18.6% |
| Investment grants | 15 | €115,412 | €119,044 | +€3,632 | +3.1% |
| Amounts payable | 17/49 | €1,033,715 | €1,056,548 | +€22,834 | +2.2% |
| Amounts payable after more than one year | 17 | €204,671 | €182,375 | -€22,296 | -10.9% |
| Financial debts | 170/4 | €165,300 | €144,000 | -€21,300 | -12.9% |
| Other amounts payable | 178/9 | €39,371 | €38,375 | -€996 | -2.5% |
| Amounts payable within one year | 42/48 | €813,936 | €840,584 | +€26,648 | +3.3% |
| Current portion of amounts payable after more than one year | 42 | €21,300 | €21,300 | = | 0.0% |
| Trade debts | 44 | €226,031 | €270,524 | +€44,493 | +19.7% |
| Suppliers | 440/4 | €226,031 | €270,524 | +€44,493 | +19.7% |
| Taxes, remuneration and social security | 45 | €526,754 | €548,646 | +€21,892 | +4.2% |
| Taxes | 450/3 | €75,042 | €80,026 | +€4,984 | +6.6% |
| Remuneration and social security | 454/9 | €451,712 | €468,620 | +€16,908 | +3.7% |
| Accrued charges and deferred income | 492/3 | €15,108 | €33,589 | +€18,481 | +122% |
| Turnover | 70 | €2,003,553 | €2,222,367 | +€218,814 | +10.9% |
| Non-recurring operating income | 76A | €20,485 | €176,759 | +€156,275 | +763% |
| Goods, raw materials, services and sundry goods | 60/61 | €964,496 | €1,040,343 | +€75,847 | +7.9% |
| Remuneration, social security and pensions | 62 | €2,898,198 | €3,017,354 | +€119,157 | +4.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €125,179 | €162,076 | +€36,897 | +29.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€780 | €6,430 | +€7,210 | |
| Other operating charges | 640/8 | €112,625 | €95,400 | -€17,226 | -15.3% |
| Non-recurring operating charges | 66A | €92,231 | €16,041 | -€76,190 | -82.6% |
| Gross operating margin | 9900 | €3,316,524 | €3,548,631 | +€232,107 | +7.0% |
| Operating profit (loss) | 9901 | €89,070 | €251,330 | +€162,259 | +182% |
| Financial income | 75/76B | €237,137 | €191,293 | -€45,844 | -19.3% |
| Recurring financial income | 75 | €237,137 | €191,293 | -€45,844 | -19.3% |
| Financial charges | 65/66B | €16,931 | €23,702 | +€6,771 | +40.0% |
| Recurring financial charges | 65 | €16,931 | €23,702 | +€6,771 | +40.0% |
| Profit (loss) for the period before taxes | 9903 | €309,276 | €418,920 | +€109,645 | +35.5% |
| Profit (loss) for the period | 9904 | €309,276 | €418,920 | +€109,645 | +35.5% |
| Profit (loss) for the period to be appropriated | 9905 | €309,276 | €418,920 | +€109,645 | +35.5% |
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 16 October 2026 via checked.be.