AUX 4 SAISONS: 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.
AUX 4 SAISONS
Largest movements
- Tangible fixed assets -€7,000
down €7,000 (-8.3%), from €84,663 to €77,663
- Cash -€4,995
down €4,995 (-2.7%), from €182,893 to €177,899
mainly Net result for the year (-€8,175) and Receivables within one year (-€2,187)
- Profit (loss) carried forward -€140,213
no longer reported in 2025 (was €140,213)
- Reserves +€132,038
up €132,038 (+118%), from €111,924 to €243,962
of which Distributable reserves: +€132,038
- Gross operating margin -€13,496
down €13,496 (-90.2%), from €14,967 to €1,471
- Depreciation -€2,154
down €2,154 (-23.0%), from €9,371 to €7,216
- Financial income +€471
new in 2025: €471
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 | €281,197 | €271,937 | -€9,260 | -3.3% |
| Formation expenses | 20 | €824 | €608 | -€216 | -26.2% |
| Fixed assets | 21/28 | €96,202 | €89,201 | -€7,000 | -7.3% |
| Intangible fixed assets | 21 | €9,407 | €9,407 | = | 0.0% |
| Tangible fixed assets | 22/27 | €84,663 | €77,663 | -€7,000 | -8.3% |
| Land and buildings | 22 | €77,118 | €74,143 | -€2,975 | -3.9% |
| Plant, machinery and equipment | 23 | €2,368 | €1,690 | -€678 | -28.6% |
| Furniture and vehicles | 24 | €5,177 | €1,829 | -€3,348 | -64.7% |
| Financial fixed assets | 28 | €2,132 | €2,132 | = | 0.0% |
| Current assets | 29/58 | €184,172 | €182,128 | -€2,044 | -1.1% |
| Amounts receivable within one year | 40/41 | €303 | €2,490 | +€2,187 | +721% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €303 | €2,490 | +€2,187 | +721% |
| Cash at bank and in hand | 54/58 | €182,893 | €177,899 | -€4,995 | -2.7% |
| Deferred charges and accrued income | 490/1 | €975 | €1,739 | +€764 | +78.4% |
| Total equity and liabilities | 10/49 | €281,197 | €271,937 | -€9,260 | -3.3% |
| Equity | 10/15 | €276,926 | €268,751 | -€8,175 | -3.0% |
| Contributions | 10/11 | €24,789 | €24,789 | = | 0.0% |
| Capital | 10 | €24,789 | - | -€24,789 | |
| Issued capital | 100 | €24,789 | - | -€24,789 | |
| Contributions outside capital | 11 | - | €24,789 | +€24,789 | |
| Other | 1109/19 | - | €24,789 | +€24,789 | |
| Reserves | 13 | €111,924 | €243,962 | +€132,038 | +118% |
| Non-distributable reserves | 130/1 | €2,479 | €2,479 | = | 0.0% |
| Legal reserve | 130 | €2,479 | €2,479 | = | 0.0% |
| Tax-exempt reserves | 132 | €75,000 | €75,000 | = | 0.0% |
| Distributable reserves | 133 | €34,445 | €166,483 | +€132,038 | +383% |
| Profit (loss) carried forward | 14 | €140,213 | - | -€140,213 | |
| Amounts payable | 17/49 | €4,271 | €3,186 | -€1,085 | -25.4% |
| Amounts payable within one year | 42/48 | €1,110 | €186 | -€924 | -83.2% |
| Trade debts | 44 | €1,110 | €186 | -€924 | -83.2% |
| Suppliers | 440/4 | €1,110 | €186 | -€924 | -83.2% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €3,161 | €3,000 | -€161 | -5.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,371 | €7,216 | -€2,154 | -23.0% |
| Other operating charges | 640/8 | €2,218 | €2,288 | +€70 | +3.2% |
| Gross operating margin | 9900 | €14,967 | €1,471 | -€13,496 | -90.2% |
| Operating profit (loss) | 9901 | €3,379 | -€8,033 | -€11,412 | |
| Financial income | 75/76B | - | €471 | +€471 | |
| Recurring financial income | 75 | - | €471 | +€471 | |
| Financial charges | 65/66B | €491 | €613 | +€121 | +24.7% |
| Recurring financial charges | 65 | €491 | €613 | +€121 | +24.7% |
| Profit (loss) for the period before taxes | 9903 | €2,888 | -€8,175 | -€11,062 | |
| Profit (loss) for the period | 9904 | €2,888 | -€8,175 | -€11,062 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,888 | -€8,175 | -€11,062 |
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 19 October 2026 via checked.be.