82S4: 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.
82S4
Largest movements
- Cash +€19,970
up €19,970 (+16.8%), from €118,942 to €138,912
mainly Net result for the year (+€48,932) and Other debts (+€41,978)
- Receivables within one year +€17,116
up €17,116 (+352%), from €4,865 to €21,981
of which Trade receivables: +€10,965
- Tangible fixed assets -€4,252
down €4,252 (-52.3%), from €8,125 to €3,873
- Other debts +€41,978
up €41,978 (+254%), from €16,533 to €58,511
- Profit (loss) carried forward -€4,292
down €4,292 (-100%), from €4,292 to €0
- Current portion of long-term debt -€3,338
no longer reported in 2025 (was €3,338)
- Trade debts -€3,145
down €3,145 (-74.4%), from €4,229 to €1,084
- Gross operating margin -€6,639
down €6,639 (-8.9%), from €74,282 to €67,643
- Taxes -€3,686
down €3,686 (-20.7%), from €17,836 to €14,150
- Other operating charges -€1,886
down €1,886 (-91.0%), from €2,072 to €186
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €133,183 | €165,937 | +€32,755 | +24.6% |
| Fixed assets | 21/28 | €8,125 | €3,873 | -€4,252 | -52.3% |
| Tangible fixed assets | 22/27 | €8,125 | €3,873 | -€4,252 | -52.3% |
| Furniture and vehicles | 24 | €8,125 | €3,873 | -€4,252 | -52.3% |
| Current assets | 29/58 | €125,058 | €162,064 | +€37,007 | +29.6% |
| Amounts receivable within one year | 40/41 | €4,865 | €21,981 | +€17,116 | +352% |
| Trade receivables | 40 | €4,865 | €15,830 | +€10,965 | +225% |
| Other amounts receivable | 41 | - | €6,151 | +€6,151 | |
| Cash at bank and in hand | 54/58 | €118,942 | €138,912 | +€19,970 | +16.8% |
| Deferred charges and accrued income | 490/1 | €1,251 | €1,171 | -€79 | -6.3% |
| Total equity and liabilities | 10/49 | €133,183 | €165,937 | +€32,755 | +24.6% |
| Equity | 10/15 | €96,689 | €92,398 | -€4,292 | -4.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €89,398 | €89,398 | = | 0.0% |
| Distributable reserves | 133 | €89,398 | €89,398 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,292 | €0 | -€4,292 | -100% |
| Amounts payable | 17/49 | €36,493 | €73,540 | +€37,046 | +102% |
| Amounts payable within one year | 42/48 | €36,493 | €73,540 | +€37,046 | +102% |
| Current portion of amounts payable after more than one year | 42 | €3,338 | - | -€3,338 | |
| Trade debts | 44 | €4,229 | €1,084 | -€3,145 | -74.4% |
| Suppliers | 440/4 | €4,229 | €1,084 | -€3,145 | -74.4% |
| Taxes, remuneration and social security | 45 | €12,393 | €13,944 | +€1,551 | +12.5% |
| Taxes | 450/3 | €12,393 | €13,944 | +€1,551 | +12.5% |
| Other amounts payable | 47/48 | €16,533 | €58,511 | +€41,978 | +254% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,505 | €5,173 | -€331 | -6.0% |
| Other operating charges | 640/8 | €2,072 | €186 | -€1,886 | -91.0% |
| Gross operating margin | 9900 | €74,282 | €67,643 | -€6,639 | -8.9% |
| Operating profit (loss) | 9901 | €66,705 | €62,284 | -€4,422 | -6.6% |
| Financial income | 75/76B | €868 | €1,003 | +€135 | +15.5% |
| Recurring financial income | 75 | €868 | €1,003 | +€135 | +15.5% |
| Financial charges | 65/66B | €590 | €204 | -€385 | -65.4% |
| Recurring financial charges | 65 | €590 | €204 | -€385 | -65.4% |
| Profit (loss) for the period before taxes | 9903 | €66,984 | €63,083 | -€3,901 | -5.8% |
| Income taxes | 67/77 | €17,836 | €14,150 | -€3,686 | -20.7% |
| Profit (loss) for the period | 9904 | €49,148 | €48,932 | -€215 | -0.4% |
| Profit (loss) for the period to be appropriated | 9905 | €49,148 | €48,932 | -€215 | -0.4% |
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 13 October 2026 via checked.be.