Flow4Q: 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.
Flow4Q
Largest movements
- Tangible fixed assets +€62,573
new in 2025: €62,573
of which Furniture and vehicles: +€60,651
- Cash +€45,614
up €45,614 (+536.0%), from €8,510 to €54,124
mainly Net result for the year (+€47,339) and Debts after one year (+€35,143)
- Receivables within one year +€7,406
up €7,406 (+9746.5%), from €76 to €7,482
of which Trade receivables: +€7,482
- Profit (loss) carried forward +€47,339
up €47,339 (+1790.3%), from €2,644 to €49,984
- Debts after one year +€35,143
new in 2025: €35,143
- Tax, wage and social debts +€20,491
up €20,491 (+3027.7%), from €677 to €21,167
- Short-term financial debts +€9,486
new in 2025: €9,486
- Other debts +€3,141
new in 2025: €3,141
- Gross operating margin +€68,204
up €68,204 (+2005.8%), from €3,400 to €71,604
- Taxes +€11,496
up €11,496 (+1698.6%), from €677 to €12,173
- Depreciation +€10,684
new in 2025: €10,684
- Financial charges +€1,297
up €1,297 (+4420.6%), from €29 to €1,326
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 | €8,586 | €125,138 | +€116,552 | +1357.5% |
| Fixed assets | 21/28 | - | €62,573 | +€62,573 | |
| Tangible fixed assets | 22/27 | - | €62,573 | +€62,573 | |
| Plant, machinery and equipment | 23 | - | €1,922 | +€1,922 | |
| Furniture and vehicles | 24 | - | €60,651 | +€60,651 | |
| Current assets | 29/58 | €8,586 | €62,565 | +€53,980 | +628.7% |
| Amounts receivable within one year | 40/41 | €76 | €7,482 | +€7,406 | +9746.5% |
| Trade receivables | 40 | - | €7,482 | +€7,482 | |
| Other amounts receivable | 41 | €76 | - | -€76 | |
| Cash at bank and in hand | 54/58 | €8,510 | €54,124 | +€45,614 | +536.0% |
| Deferred charges and accrued income | 490/1 | - | €959 | +€959 | |
| Total equity and liabilities | 10/49 | €8,586 | €125,138 | +€116,552 | +1357.5% |
| Equity | 10/15 | €7,644 | €54,984 | +€47,339 | +619.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,644 | €49,984 | +€47,339 | +1790.3% |
| Amounts payable | 17/49 | €942 | €70,155 | +€69,213 | +7349.1% |
| Amounts payable after more than one year | 17 | - | €35,143 | +€35,143 | |
| Financial debts | 170/4 | - | €35,143 | +€35,143 | |
| Amounts payable within one year | 42/48 | €942 | €34,314 | +€33,372 | +3543.5% |
| Financial debts | 43 | - | €9,486 | +€9,486 | |
| Credit institutions | 430/8 | - | €9,486 | +€9,486 | |
| Trade debts | 44 | €265 | €519 | +€254 | +96.0% |
| Suppliers | 440/4 | €265 | €519 | +€254 | +96.0% |
| Taxes, remuneration and social security | 45 | €677 | €21,167 | +€20,491 | +3027.7% |
| Taxes | 450/3 | €677 | €21,167 | +€20,491 | +3027.7% |
| Other amounts payable | 47/48 | - | €3,141 | +€3,141 | |
| Accrued charges and deferred income | 492/3 | - | €698 | +€698 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €10,684 | +€10,684 | |
| Other operating charges | 640/8 | €50 | €83 | +€33 | +65.1% |
| Gross operating margin | 9900 | €3,400 | €71,604 | +€68,204 | +2005.8% |
| Operating profit (loss) | 9901 | €3,350 | €60,838 | +€57,488 | +1715.9% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €29 | €1,326 | +€1,297 | +4420.6% |
| Recurring financial charges | 65 | €29 | €1,326 | +€1,297 | +4420.6% |
| Profit (loss) for the period before taxes | 9903 | €3,321 | €59,512 | +€56,191 | +1692.0% |
| Income taxes | 67/77 | €677 | €12,173 | +€11,496 | +1698.6% |
| Profit (loss) for the period | 9904 | €2,644 | €47,339 | +€44,695 | +1690.3% |
| Profit (loss) for the period to be appropriated | 9905 | €2,644 | €47,339 | +€44,695 | +1690.3% |
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 8 October 2026 via checked.be.