BS4Tech: 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.
BS4Tech
Largest movements
- Cash +€44,254
up €44,254 (+173.4%), from €25,521 to €69,776
mainly Net result for the year (+€49,630) and Depreciation (+€21,757)
- Tangible fixed assets -€6,662
down €6,662 (-7.9%), from €84,812 to €78,150
of which Furniture and vehicles: -€16,376
- Deferred charges and accrued income +€3,258
up €3,258 (+347.3%), from €938 to €4,196
- Receivables within one year -€1,953
down €1,953 (-7.8%), from €24,948 to €22,995
of which Other amounts receivable: -€5,291
- Profit (loss) carried forward +€49,630
up €49,630 (+326.4%), from €15,203 to €64,833
- Debts after one year -€16,413
down €16,413 (-16.7%), from €98,057 to €81,644
- Tax, wage and social debts +€5,313
up €5,313 (+177.1%), from €3,000 to €8,313
- Gross operating margin +€59,753
up €59,753 (+185.6%), from €32,188 to €91,941
- Depreciation +€11,484
up €11,484 (+111.8%), from €10,273 to €21,757
- Taxes +€8,571
up €8,571 (+195.1%), from €4,394 to €12,965
- Staff costs +€3,729
up €3,729 (+3107.8%), from €120 to €3,849
- Financial charges +€1,530
up €1,530 (+93.4%), from €1,638 to €3,169
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 | €136,219 | €175,117 | +€38,898 | +28.6% |
| Fixed assets | 21/28 | €84,812 | €78,150 | -€6,662 | -7.9% |
| Tangible fixed assets | 22/27 | €84,812 | €78,150 | -€6,662 | -7.9% |
| Plant, machinery and equipment | 23 | €1,667 | €11,382 | +€9,715 | +582.6% |
| Furniture and vehicles | 24 | €83,144 | €66,768 | -€16,376 | -19.7% |
| Current assets | 29/58 | €51,407 | €96,967 | +€45,559 | +88.6% |
| Amounts receivable within one year | 40/41 | €24,948 | €22,995 | -€1,953 | -7.8% |
| Trade receivables | 40 | €16,622 | €19,960 | +€3,338 | +20.1% |
| Other amounts receivable | 41 | €8,326 | €3,035 | -€5,291 | -63.6% |
| Cash at bank and in hand | 54/58 | €25,521 | €69,776 | +€44,254 | +173.4% |
| Deferred charges and accrued income | 490/1 | €938 | €4,196 | +€3,258 | +347.3% |
| Total equity and liabilities | 10/49 | €136,219 | €175,117 | +€38,898 | +28.6% |
| Equity | 10/15 | €17,703 | €67,333 | +€49,630 | +280.3% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,203 | €64,833 | +€49,630 | +326.4% |
| Amounts payable | 17/49 | €118,516 | €107,784 | -€10,732 | -9.1% |
| Amounts payable after more than one year | 17 | €98,057 | €81,644 | -€16,413 | -16.7% |
| Financial debts | 170/4 | €98,057 | €81,644 | -€16,413 | -16.7% |
| Amounts payable within one year | 42/48 | €20,459 | €26,087 | +€5,628 | +27.5% |
| Current portion of amounts payable after more than one year | 42 | €15,744 | €16,413 | +€669 | +4.2% |
| Trade debts | 44 | €330 | €0 | -€330 | -100.0% |
| Suppliers | 440/4 | €330 | €0 | -€330 | -100.0% |
| Taxes, remuneration and social security | 45 | €3,000 | €8,313 | +€5,313 | +177.1% |
| Taxes | 450/3 | €3,000 | €8,313 | +€5,313 | +177.1% |
| Other amounts payable | 47/48 | €1,385 | €1,362 | -€24 | -1.7% |
| Accrued charges and deferred income | 492/3 | - | €53 | +€53 | |
| Remuneration, social security and pensions | 62 | €120 | €3,849 | +€3,729 | +3107.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,273 | €21,757 | +€11,484 | +111.8% |
| Other operating charges | 640/8 | €568 | €585 | +€18 | +3.2% |
| Gross operating margin | 9900 | €32,188 | €91,941 | +€59,753 | +185.6% |
| Operating profit (loss) | 9901 | €21,227 | €65,750 | +€44,522 | +209.7% |
| Financial income | 75/76B | €9 | €15 | +€6 | +64.8% |
| Recurring financial income | 75 | €9 | €15 | +€6 | +64.8% |
| Financial charges | 65/66B | €1,638 | €3,169 | +€1,530 | +93.4% |
| Recurring financial charges | 65 | €1,638 | €3,169 | +€1,530 | +93.4% |
| Profit (loss) for the period before taxes | 9903 | €19,597 | €62,595 | +€42,998 | +219.4% |
| Income taxes | 67/77 | €4,394 | €12,965 | +€8,571 | +195.1% |
| Profit (loss) for the period | 9904 | €15,203 | €49,630 | +€34,426 | +226.4% |
| Profit (loss) for the period to be appropriated | 9905 | €15,203 | €49,630 | +€34,426 | +226.4% |
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 3 October 2026 via checked.be.