Business4u: 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.
Business4u
Largest movements
- Cash -€43,668
down €43,668 (-25.0%), from €174,576 to €130,908
mainly Contributions, distributions and other (-€37,579) and Tax, wage and social debts (-€22,175)
- Tangible fixed assets -€4,218
down €4,218 (-15.8%), from €26,770 to €22,553
of which Furniture and vehicles: -€3,035
- Receivables within one year +€2,900
up €2,900 (+11.4%), from €25,404 to €28,303
of which Trade receivables: +€7,054
- Profit (loss) carried forward -€41,324
down €41,324 (-40.4%), from €102,188 to €60,864
- Tax, wage and social debts -€22,175
down €22,175 (-34.9%), from €63,611 to €41,436
of which Remuneration and social security: -€22,916
- Contributions +€12,421
up €12,421 (+201%), from €6,179 to €18,600
- Trade debts +€7,291
up €7,291 (+25.2%), from €28,881 to €36,172
- Staff costs +€26,473
up €26,473 (+23.4%), from €112,917 to €139,389
- Gross operating margin +€10,562
up €10,562 (+6.3%), from €167,878 to €178,440
- Taxes -€7,524
down €7,524 (-51.3%), from €14,667 to €7,142
- Financial charges +€2,258
up €2,258 (+27.2%), from €8,312 to €10,570
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 | €244,509 | €199,931 | -€44,577 | -18.2% |
| Fixed assets | 21/28 | €34,120 | €29,903 | -€4,218 | -12.4% |
| Tangible fixed assets | 22/27 | €26,770 | €22,553 | -€4,218 | -15.8% |
| Plant, machinery and equipment | 23 | €13,992 | €12,810 | -€1,183 | -8.5% |
| Furniture and vehicles | 24 | €12,778 | €9,743 | -€3,035 | -23.7% |
| Financial fixed assets | 28 | €7,350 | €7,350 | = | 0.0% |
| Current assets | 29/58 | €210,389 | €170,029 | -€40,360 | -19.2% |
| Stocks and contracts in progress | 3 | €7,101 | €6,376 | -€725 | -10.2% |
| Stocks | 30/36 | €7,101 | €6,376 | -€725 | -10.2% |
| Amounts receivable within one year | 40/41 | €25,404 | €28,303 | +€2,900 | +11.4% |
| Trade receivables | 40 | €13,813 | €20,867 | +€7,054 | +51.1% |
| Other amounts receivable | 41 | €11,591 | €7,437 | -€4,154 | -35.8% |
| Cash at bank and in hand | 54/58 | €174,576 | €130,908 | -€43,668 | -25.0% |
| Deferred charges and accrued income | 490/1 | €3,308 | €4,441 | +€1,133 | +34.3% |
| Total equity and liabilities | 10/49 | €244,509 | €199,931 | -€44,577 | -18.2% |
| Equity | 10/15 | €110,227 | €81,324 | -€28,903 | -26.2% |
| Contributions | 10/11 | €6,179 | €18,600 | +€12,421 | +201% |
| Contributions outside capital | 11 | €6,179 | €18,600 | +€12,421 | +201% |
| Other | 1109/19 | €6,179 | €18,600 | +€12,421 | +201% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €102,188 | €60,864 | -€41,324 | -40.4% |
| Amounts payable | 17/49 | €134,282 | €118,608 | -€15,674 | -11.7% |
| Amounts payable within one year | 42/48 | €134,282 | €118,608 | -€15,674 | -11.7% |
| Trade debts | 44 | €28,881 | €36,172 | +€7,291 | +25.2% |
| Suppliers | 440/4 | €28,881 | €36,172 | +€7,291 | +25.2% |
| Taxes, remuneration and social security | 45 | €63,611 | €41,436 | -€22,175 | -34.9% |
| Taxes | 450/3 | €32,804 | €33,545 | +€741 | +2.3% |
| Remuneration and social security | 454/9 | €30,807 | €7,891 | -€22,916 | -74.4% |
| Other amounts payable | 47/48 | €41,790 | €41,000 | -€790 | -1.9% |
| Remuneration, social security and pensions | 62 | €112,917 | €139,389 | +€26,473 | +23.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,220 | €9,046 | +€826 | +10.0% |
| Other operating charges | 640/8 | €5,213 | €3,620 | -€1,593 | -30.6% |
| Gross operating margin | 9900 | €167,878 | €178,440 | +€10,562 | +6.3% |
| Operating profit (loss) | 9901 | €41,528 | €26,385 | -€15,143 | -36.5% |
| Financial income | 75/76B | - | €4 | +€4 | |
| Recurring financial income | 75 | - | €4 | +€4 | |
| Financial charges | 65/66B | €8,312 | €10,570 | +€2,258 | +27.2% |
| Recurring financial charges | 65 | €8,312 | €10,570 | +€2,258 | +27.2% |
| Profit (loss) for the period before taxes | 9903 | €33,216 | €15,818 | -€17,398 | -52.4% |
| Income taxes | 67/77 | €14,667 | €7,142 | -€7,524 | -51.3% |
| Profit (loss) for the period | 9904 | €18,549 | €8,676 | -€9,873 | -53.2% |
| Profit (loss) for the period to be appropriated | 9905 | €18,549 | €8,676 | -€9,873 | -53.2% |
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.