FourD: 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.
FourD
Largest movements
- Tangible fixed assets -€5,107
down €5,107 (-15.7%), from €32,528 to €27,421
- Receivables within one year +€3,637
up €3,637 (+8.4%), from €43,369 to €47,006
of which Other amounts receivable: +€9,105
- Cash -€1,508
down €1,508 (-5.3%), from €28,223 to €26,715
mainly Investment in fixed assets (net) (-€11,696) and Debts after one year (-€10,061)
- Tax, wage and social debts +€10,807
up €10,807, from €0 to €10,807
of which Taxes: +€5,877
- Debts after one year -€10,061
down €10,061 (-38.4%), from €26,196 to €16,135
- Other debts -€9,524
down €9,524 (-30.2%), from €31,560 to €22,036
- Current portion of long-term debt +€3,469
up €3,469, from €0 to €3,469
- Trade debts +€1,688
up €1,688 (+23.4%), from €7,216 to €8,904
- Purchases and services -€117,995
no longer reported in 2024 (was €117,995)
- Gross operating margin +€14,895
up €14,895 (+42.3%), from €35,214 to €50,109
- Staff costs +€13,967
up €13,967 (+70.8%), from €19,737 to €33,704
- Depreciation +€5,258
up €5,258 (+45.5%), from €11,546 to €16,804
- Taxes -€3,118
no longer reported in 2024 (was €3,118)
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €104,120 | €101,142 | -€2,978 | -2.9% |
| Fixed assets | 21/28 | €32,528 | €27,421 | -€5,107 | -15.7% |
| Tangible fixed assets | 22/27 | €32,528 | €27,421 | -€5,107 | -15.7% |
| Furniture and vehicles | 24 | €32,528 | €27,421 | -€5,107 | -15.7% |
| Current assets | 29/58 | €71,592 | €73,722 | +€2,129 | +3.0% |
| Amounts receivable within one year | 40/41 | €43,369 | €47,006 | +€3,637 | +8.4% |
| Trade receivables | 40 | €43,127 | €37,659 | -€5,468 | -12.7% |
| Other amounts receivable | 41 | €242 | €9,347 | +€9,105 | +3757.5% |
| Cash at bank and in hand | 54/58 | €28,223 | €26,715 | -€1,508 | -5.3% |
| Total equity and liabilities | 10/49 | €104,120 | €101,142 | -€2,978 | -2.9% |
| Equity | 10/15 | €39,149 | €39,791 | +€642 | +1.6% |
| Profit (loss) carried forward | 14 | €39,149 | €39,791 | +€642 | +1.6% |
| Amounts payable | 17/49 | €64,971 | €61,351 | -€3,620 | -5.6% |
| Amounts payable after more than one year | 17 | €26,196 | €16,135 | -€10,061 | -38.4% |
| Financial debts | 170/4 | €26,196 | €16,135 | -€10,061 | -38.4% |
| Amounts payable within one year | 42/48 | €38,776 | €45,217 | +€6,441 | +16.6% |
| Current portion of amounts payable after more than one year | 42 | €0 | €3,469 | +€3,469 | |
| Trade debts | 44 | €7,216 | €8,904 | +€1,688 | +23.4% |
| Suppliers | 440/4 | €7,216 | €8,904 | +€1,688 | +23.4% |
| Taxes, remuneration and social security | 45 | €0 | €10,807 | +€10,807 | |
| Taxes | 450/3 | €0 | €5,877 | +€5,877 | |
| Remuneration and social security | 454/9 | €0 | €4,930 | +€4,930 | |
| Other amounts payable | 47/48 | €31,560 | €22,036 | -€9,524 | -30.2% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €117,995 | - | -€117,995 | |
| Remuneration, social security and pensions | 62 | €19,737 | €33,704 | +€13,967 | +70.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,546 | €16,804 | +€5,258 | +45.5% |
| Other operating charges | 640/8 | €459 | €729 | +€270 | +58.7% |
| Gross operating margin | 9900 | €35,214 | €50,109 | +€14,895 | +42.3% |
| Operating profit (loss) | 9901 | €3,471 | -€1,128 | -€4,599 | |
| Financial income | 75/76B | €93 | €2,661 | +€2,568 | +2748.7% |
| Recurring financial income | 75 | €93 | €2,661 | +€2,568 | +2748.7% |
| Financial charges | 65/66B | €472 | €397 | -€75 | -15.9% |
| Recurring financial charges | 65 | €472 | €397 | -€75 | -15.9% |
| Profit (loss) for the period before taxes | 9903 | €3,092 | €1,136 | -€1,956 | -63.3% |
| Income taxes | 67/77 | €3,118 | - | -€3,118 | |
| Profit (loss) for the period | 9904 | -€25 | €1,136 | +€1,161 | |
| Profit (loss) for the period to be appropriated | 9905 | -€25 | €1,136 | +€1,161 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.