FOUR CORNERS: 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.
FOUR CORNERS
Largest movements
- Receivables within one year -€9,749
down €9,749 (-26.2%), from €37,200 to €27,451
of which Other amounts receivable: -€12,410
- Cash +€3,108
up €3,108 (+87.7%), from €3,544 to €6,653
mainly Receivables within one year (+€9,749) and Tax, wage and social debts (+€2,965)
- Tangible fixed assets -€467
down €467 (-44.7%), from €1,043 to €576
- Profit (loss) carried forward -€9,060
down €9,060 (-43.5%), from -€20,842 to -€29,902
- Tax, wage and social debts +€2,965
up €2,965 (+102%), from €2,904 to €5,869
of which Taxes: +€1,905
- Trade debts -€886
down €886 (-10.7%), from €8,302 to €7,416
- Gross operating margin +€18,042
up €18,042, from -€4,227 to €13,815
- Staff costs +€14,901
up €14,901 (+223%), from €6,683 to €21,584
- Taxes -€715
down €715 (-74.0%), from €966 to €252
- Financial charges -€560
down €560 (-83.4%), from €671 to €111
- Financial income +€231
up €231 (+143%), from €161 to €392
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 | €42,423 | €35,443 | -€6,980 | -16.5% |
| Fixed assets | 21/28 | €1,308 | €1,106 | -€202 | -15.5% |
| Tangible fixed assets | 22/27 | €1,043 | €576 | -€467 | -44.7% |
| Furniture and vehicles | 24 | €1,043 | €576 | -€467 | -44.7% |
| Financial fixed assets | 28 | €265 | €529 | +€265 | +100% |
| Current assets | 29/58 | €41,116 | €34,338 | -€6,778 | -16.5% |
| Amounts receivable within one year | 40/41 | €37,200 | €27,451 | -€9,749 | -26.2% |
| Trade receivables | 40 | €11,858 | €14,519 | +€2,661 | +22.4% |
| Other amounts receivable | 41 | €25,342 | €12,932 | -€12,410 | -49.0% |
| Cash at bank and in hand | 54/58 | €3,544 | €6,653 | +€3,108 | +87.7% |
| Deferred charges and accrued income | 490/1 | €372 | €234 | -€137 | -37.0% |
| Total equity and liabilities | 10/49 | €42,423 | €35,443 | -€6,980 | -16.5% |
| Equity | 10/15 | €31,218 | €22,158 | -€9,060 | -29.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Contributions outside capital | 11 | €6,200 | €6,200 | = | 0.0% |
| Other | 1109/19 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €45,860 | €45,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €44,000 | €44,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€20,842 | -€29,902 | -€9,060 | -43.5% |
| Amounts payable | 17/49 | €11,206 | €13,286 | +€2,080 | +18.6% |
| Amounts payable within one year | 42/48 | €11,206 | €13,286 | +€2,080 | +18.6% |
| Trade debts | 44 | €8,302 | €7,416 | -€886 | -10.7% |
| Suppliers | 440/4 | €8,302 | €7,416 | -€886 | -10.7% |
| Taxes, remuneration and social security | 45 | €2,904 | €5,869 | +€2,965 | +102% |
| Taxes | 450/3 | €2,087 | €3,992 | +€1,905 | +91.3% |
| Remuneration and social security | 454/9 | €817 | €1,877 | +€1,060 | +130% |
| Non-recurring operating income | 76A | - | €42 | +€42 | |
| Remuneration, social security and pensions | 62 | €6,683 | €21,584 | +€14,901 | +223% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €555 | €467 | -€89 | -16.0% |
| Other operating charges | 640/8 | €962 | €853 | -€110 | -11.4% |
| Gross operating margin | 9900 | -€4,227 | €13,815 | +€18,042 | |
| Operating profit (loss) | 9901 | -€12,428 | -€9,089 | +€3,339 | +26.9% |
| Financial income | 75/76B | €161 | €392 | +€231 | +143% |
| Recurring financial income | 75 | €161 | €392 | +€231 | +143% |
| Financial charges | 65/66B | €671 | €111 | -€560 | -83.4% |
| Recurring financial charges | 65 | €671 | €111 | -€560 | -83.4% |
| Profit (loss) for the period before taxes | 9903 | -€12,938 | -€8,808 | +€4,130 | +31.9% |
| Income taxes | 67/77 | €966 | €252 | -€715 | -74.0% |
| Profit (loss) for the period | 9904 | -€13,904 | -€9,060 | +€4,844 | +34.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,904 | -€9,060 | +€4,844 | +34.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.