Business 4CE: 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.
Business 4CE
Largest movements
- Current investments +€90,000
new in 2025: €90,000
- Cash -€74,862
down €74,862 (-75.4%), from €99,294 to €24,432
mainly Current investments (-€90,000) and Other debts (-€9,094)
- Tangible fixed assets -€14,803
down €14,803 (-45.1%), from €32,859 to €18,056
of which Furniture and vehicles: -€14,449
- Receivables within one year -€8,187
down €8,187 (-36.8%), from €22,223 to €14,036
of which Other amounts receivable: -€8,975
- Profit (loss) carried forward -€9,863
no longer reported in 2025 (was €9,863)
- Reserves +€9,605
up €9,605 (+8.8%), from €109,602 to €119,207
- Other debts -€9,094
down €9,094 (-34.4%), from €26,458 to €17,364
- Depreciation -€1,006
down €1,006 (-6.4%), from €15,809 to €14,803
- Gross operating margin +€828
up €828 (+5.8%), from €14,208 to €15,037
- Financial income -€408
no longer reported in 2025 (was €408)
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 | €154,376 | €146,524 | -€7,852 | -5.1% |
| Fixed assets | 21/28 | €32,859 | €18,056 | -€14,803 | -45.1% |
| Tangible fixed assets | 22/27 | €32,859 | €18,056 | -€14,803 | -45.1% |
| Plant, machinery and equipment | 23 | €732 | €378 | -€354 | -48.4% |
| Furniture and vehicles | 24 | €32,127 | €17,678 | -€14,449 | -45.0% |
| Current assets | 29/58 | €121,517 | €128,468 | +€6,951 | +5.7% |
| Amounts receivable within one year | 40/41 | €22,223 | €14,036 | -€8,187 | -36.8% |
| Trade receivables | 40 | €11,435 | €12,222 | +€788 | +6.9% |
| Other amounts receivable | 41 | €10,789 | €1,814 | -€8,975 | -83.2% |
| Current investments | 50/53 | - | €90,000 | +€90,000 | |
| Cash at bank and in hand | 54/58 | €99,294 | €24,432 | -€74,862 | -75.4% |
| Total equity and liabilities | 10/49 | €154,376 | €146,524 | -€7,852 | -5.1% |
| Equity | 10/15 | €125,665 | €125,407 | -€257 | -0.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €109,602 | €119,207 | +€9,605 | +8.8% |
| Distributable reserves | 133 | €109,602 | €119,207 | +€9,605 | +8.8% |
| Profit (loss) carried forward | 14 | €9,863 | - | -€9,863 | |
| Amounts payable | 17/49 | €28,711 | €21,117 | -€7,595 | -26.5% |
| Amounts payable within one year | 42/48 | €28,711 | €21,117 | -€7,595 | -26.5% |
| Trade debts | 44 | €470 | €1,529 | +€1,059 | +225% |
| Suppliers | 440/4 | €470 | €1,529 | +€1,059 | +225% |
| Taxes, remuneration and social security | 45 | €1,783 | €2,223 | +€440 | +24.7% |
| Taxes | 450/3 | €1,783 | €2,223 | +€440 | +24.7% |
| Other amounts payable | 47/48 | €26,458 | €17,364 | -€9,094 | -34.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,809 | €14,803 | -€1,006 | -6.4% |
| Other operating charges | 640/8 | - | €63 | +€63 | |
| Gross operating margin | 9900 | €14,208 | €15,037 | +€828 | +5.8% |
| Operating profit (loss) | 9901 | -€1,601 | €170 | +€1,771 | |
| Financial income | 75/76B | €408 | - | -€408 | |
| Recurring financial income | 75 | €408 | - | -€408 | |
| Financial charges | 65/66B | €74 | €67 | -€7 | -9.2% |
| Recurring financial charges | 65 | €74 | €67 | -€7 | -9.2% |
| Profit (loss) for the period before taxes | 9903 | -€1,266 | €103 | +€1,370 | |
| Income taxes | 67/77 | €308 | €361 | +€52 | +17.0% |
| Profit (loss) for the period | 9904 | -€1,575 | -€257 | +€1,317 | +83.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,575 | -€257 | +€1,317 | +83.7% |
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 23 October 2026 via checked.be.