Analytics 4 HR: 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.
Analytics 4 HR
Largest movements
- Receivables within one year -€6,024
down €6,024 (-62.7%), from €9,603 to €3,579
of which Trade receivables: -€3,368
- Tangible fixed assets -€421
down €421 (-24.2%), from €1,742 to €1,321
of which Plant, machinery and equipment: -€421
- Profit (loss) carried forward -€5,330
down €5,330 (-5.5%), from -€96,941 to -€102,271
- Tax, wage and social debts -€990
down €990 (-70.9%), from €1,395 to €405
- Depreciation -€9,561
down €9,561 (-95.8%), from €9,982 to €421
- Gross operating margin -€5,709
down €5,709, from €1,827 to -€3,882
- Other operating charges -€46
down €46 (-5.2%), from €877 to €831
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 | €39,381 | €33,077 | -€6,304 | -16.0% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €1,742 | €1,321 | -€421 | -24.2% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €1,742 | €1,321 | -€421 | -24.2% |
| Plant, machinery and equipment | 23 | €1,742 | €1,321 | -€421 | -24.2% |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Current assets | 29/58 | €37,639 | €31,756 | -€5,883 | -15.6% |
| Amounts receivable within one year | 40/41 | €9,603 | €3,579 | -€6,024 | -62.7% |
| Trade receivables | 40 | €6,357 | €2,988 | -€3,368 | -53.0% |
| Other amounts receivable | 41 | €3,246 | €591 | -€2,656 | -81.8% |
| Cash at bank and in hand | 54/58 | €27,602 | €27,699 | +€98 | +0.4% |
| Deferred charges and accrued income | 490/1 | €434 | €478 | +€43 | +10.0% |
| Total equity and liabilities | 10/49 | €39,381 | €33,077 | -€6,304 | -16.0% |
| Equity | 10/15 | €37,509 | €32,179 | -€5,330 | -14.2% |
| Contributions | 10/11 | €134,450 | €134,450 | = | 0.0% |
| Capital | 10 | €134,450 | €134,450 | = | 0.0% |
| Issued capital | 100 | €134,450 | €134,450 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€96,941 | -€102,271 | -€5,330 | -5.5% |
| Amounts payable | 17/49 | €1,872 | €897 | -€975 | -52.1% |
| Amounts payable within one year | 42/48 | €1,872 | €897 | -€975 | -52.1% |
| Financial debts | 43 | €79 | €385 | +€306 | +386.8% |
| Credit institutions | 430/8 | €79 | €385 | +€306 | +386.8% |
| Trade debts | 44 | €398 | €107 | -€290 | -73.1% |
| Suppliers | 440/4 | €398 | €107 | -€290 | -73.1% |
| Taxes, remuneration and social security | 45 | €1,395 | €405 | -€990 | -70.9% |
| Taxes | 450/3 | €1,395 | €405 | -€990 | -70.9% |
| Other amounts payable | 47/48 | €0 | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,982 | €421 | -€9,561 | -95.8% |
| Other operating charges | 640/8 | €877 | €831 | -€46 | -5.2% |
| Gross operating margin | 9900 | €1,827 | -€3,882 | -€5,709 | |
| Operating profit (loss) | 9901 | -€9,032 | -€5,134 | +€3,898 | +43.2% |
| Financial income | 75/76B | €90 | €103 | +€13 | +14.2% |
| Recurring financial income | 75 | €90 | €103 | +€13 | +14.2% |
| Financial charges | 65/66B | €133 | €165 | +€31 | +23.4% |
| Recurring financial charges | 65 | €133 | €165 | +€31 | +23.4% |
| Profit (loss) for the period before taxes | 9903 | -€9,075 | -€5,195 | +€3,879 | +42.7% |
| Income taxes | 67/77 | €140 | €134 | -€5 | -3.8% |
| Profit (loss) for the period | 9904 | -€9,214 | -€5,330 | +€3,885 | +42.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,214 | -€5,330 | +€3,885 | +42.2% |
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.