C4D CONSULT: 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.
C4D CONSULT
Largest movements
- Tangible fixed assets +€37,998
up €37,998 (+2607.7%), from €1,457 to €39,455
of which Plant, machinery and equipment: +€34,940
- Cash -€21,375
down €21,375 (-52.5%), from €40,692 to €19,317
mainly Investment in fixed assets (net) (-€46,618) and Stocks and contracts (-€1,209)
- Receivables within one year -€1,715
down €1,715 (-69.1%), from €2,482 to €767
of which Trade receivables: -€900
- Financial fixed assets +€1,610
new in 2025: €1,610
- Stocks and contracts +€1,209
new in 2025: €1,209
- Other debts +€6,659
up €6,659 (+184.3%), from €3,614 to €10,274
- Trade debts +€6,402
up €6,402 (+646.6%), from €990 to €7,392
- Profit (loss) carried forward +€3,185
up €3,185 (+70.8%), from €4,495 to €7,680
- Tax, wage and social debts +€1,847
new in 2025: €1,847
of which Remuneration and social security: +€1,779
- Gross operating margin +€29,334
up €29,334, from -€9,931 to €19,403
- Staff costs +€7,690
new in 2025: €7,690
- Depreciation +€2,371
up €2,371 (+51.1%), from €4,639 to €7,010
- Other operating charges +€493
up €493 (+57.6%), from €855 to €1,348
- Financial income -€277
down €277 (-48.1%), from €575 to €298
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 | €45,612 | €63,706 | +€18,093 | +39.7% |
| Fixed assets | 21/28 | €1,457 | €41,065 | +€39,608 | +2718.2% |
| Tangible fixed assets | 22/27 | €1,457 | €39,455 | +€37,998 | +2607.7% |
| Land and buildings | 22 | - | €1,421 | +€1,421 | |
| Plant, machinery and equipment | 23 | - | €34,940 | +€34,940 | |
| Furniture and vehicles | 24 | €1,292 | - | -€1,292 | |
| Other tangible fixed assets | 26 | €165 | €3,094 | +€2,929 | +1778.2% |
| Financial fixed assets | 28 | - | €1,610 | +€1,610 | |
| Current assets | 29/58 | €44,155 | €22,640 | -€21,515 | -48.7% |
| Stocks and contracts in progress | 3 | - | €1,209 | +€1,209 | |
| Stocks | 30/36 | - | €1,209 | +€1,209 | |
| Amounts receivable within one year | 40/41 | €2,482 | €767 | -€1,715 | -69.1% |
| Trade receivables | 40 | €1,048 | €148 | -€900 | -85.9% |
| Other amounts receivable | 41 | €1,434 | €619 | -€815 | -56.8% |
| Cash at bank and in hand | 54/58 | €40,692 | €19,317 | -€21,375 | -52.5% |
| Deferred charges and accrued income | 490/1 | €981 | €1,347 | +€366 | +37.3% |
| Total equity and liabilities | 10/49 | €45,612 | €63,706 | +€18,093 | +39.7% |
| Equity | 10/15 | €41,008 | €44,193 | +€3,185 | +7.8% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €34,013 | €34,013 | = | 0.0% |
| Distributable reserves | 133 | €34,013 | €34,013 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,495 | €7,680 | +€3,185 | +70.8% |
| Amounts payable | 17/49 | €4,605 | €19,513 | +€14,909 | +323.8% |
| Amounts payable within one year | 42/48 | €4,605 | €19,513 | +€14,909 | +323.8% |
| Trade debts | 44 | €990 | €7,392 | +€6,402 | +646.6% |
| Suppliers | 440/4 | €990 | €7,392 | +€6,402 | +646.6% |
| Taxes, remuneration and social security | 45 | - | €1,847 | +€1,847 | |
| Taxes | 450/3 | - | €68 | +€68 | |
| Remuneration and social security | 454/9 | - | €1,779 | +€1,779 | |
| Other amounts payable | 47/48 | €3,614 | €10,274 | +€6,659 | +184.3% |
| Remuneration, social security and pensions | 62 | - | €7,690 | +€7,690 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,639 | €7,010 | +€2,371 | +51.1% |
| Other operating charges | 640/8 | €855 | €1,348 | +€493 | +57.6% |
| Gross operating margin | 9900 | -€9,931 | €19,403 | +€29,334 | |
| Operating profit (loss) | 9901 | -€15,426 | €3,355 | +€18,781 | |
| Financial income | 75/76B | €575 | €298 | -€277 | -48.1% |
| Recurring financial income | 75 | €575 | €298 | -€277 | -48.1% |
| Financial charges | 65/66B | €124 | €332 | +€209 | +168.9% |
| Recurring financial charges | 65 | €124 | €332 | +€209 | +168.9% |
| Profit (loss) for the period before taxes | 9903 | -€14,975 | €3,321 | +€18,295 | |
| Income taxes | 67/77 | €128 | €136 | +€8 | +6.3% |
| Profit (loss) for the period | 9904 | -€15,103 | €3,185 | +€18,287 | |
| Profit (loss) for the period to be appropriated | 9905 | -€15,103 | €3,185 | +€18,287 |
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 11 October 2026 via checked.be.