FourLegs: 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.
FourLegs
Largest movements
- Cash +€61,149
up €61,149 (+37.7%), from €162,192 to €223,342
mainly Net result for the year (+€52,327) and Tax, wage and social debts (+€9,011)
- Receivables within one year +€4,531
up €4,531 (+41.9%), from €10,806 to €15,337
of which Trade receivables: +€4,942
- Reserves +€52,327
up €52,327 (+44.0%), from €118,836 to €171,163
- Tax, wage and social debts +€9,011
up €9,011 (+26.0%), from €34,633 to €43,644
of which Remuneration and social security: +€11,425
- Other debts +€2,576
up €2,576 (+11.5%), from €22,305 to €24,882
- Gross operating margin +€2,564
up €2,564 (+3.6%), from €70,371 to €72,935
- Financial income +€900
up €900 (+2,326%), from €39 to €938
- Financial charges +€781
up €781 (+99.0%), from €788 to €1,569
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 | €179,693 | €243,307 | +€63,613 | +35.4% |
| Fixed assets | 21/28 | €5,604 | €3,492 | -€2,112 | -37.7% |
| Tangible fixed assets | 22/27 | €5,604 | €3,492 | -€2,112 | -37.7% |
| Plant, machinery and equipment | 23 | €371 | €285 | -€86 | -23.1% |
| Furniture and vehicles | 24 | €5,233 | €3,207 | -€2,026 | -38.7% |
| Current assets | 29/58 | €174,089 | €239,814 | +€65,725 | +37.8% |
| Amounts receivable within one year | 40/41 | €10,806 | €15,337 | +€4,531 | +41.9% |
| Trade receivables | 40 | €10,150 | €15,092 | +€4,942 | +48.7% |
| Other amounts receivable | 41 | €656 | €245 | -€411 | -62.6% |
| Cash at bank and in hand | 54/58 | €162,192 | €223,342 | +€61,149 | +37.7% |
| Deferred charges and accrued income | 490/1 | €1,091 | €1,135 | +€45 | +4.1% |
| Total equity and liabilities | 10/49 | €179,693 | €243,307 | +€63,613 | +35.4% |
| Equity | 10/15 | €121,336 | €173,663 | +€52,327 | +43.1% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €118,836 | €171,163 | +€52,327 | +44.0% |
| Distributable reserves | 133 | €118,836 | €171,163 | +€52,327 | +44.0% |
| Amounts payable | 17/49 | €58,358 | €69,644 | +€11,286 | +19.3% |
| Amounts payable within one year | 42/48 | €57,873 | €69,644 | +€11,771 | +20.3% |
| Trade debts | 44 | €934 | €1,118 | +€184 | +19.7% |
| Suppliers | 440/4 | €934 | €1,118 | +€184 | +19.7% |
| Taxes, remuneration and social security | 45 | €34,633 | €43,644 | +€9,011 | +26.0% |
| Taxes | 450/3 | €32,326 | €29,912 | -€2,414 | -7.5% |
| Remuneration and social security | 454/9 | €2,306 | €13,732 | +€11,425 | +495% |
| Other amounts payable | 47/48 | €22,305 | €24,882 | +€2,576 | +11.5% |
| Accrued charges and deferred income | 492/3 | €485 | - | -€485 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,218 | €5,463 | +€245 | +4.7% |
| Other operating charges | 640/8 | €208 | €570 | +€362 | +174% |
| Gross operating margin | 9900 | €70,371 | €72,935 | +€2,564 | +3.6% |
| Operating profit (loss) | 9901 | €64,946 | €66,902 | +€1,956 | +3.0% |
| Financial income | 75/76B | €39 | €938 | +€900 | +2,326% |
| Recurring financial income | 75 | €39 | €938 | +€900 | +2,326% |
| Financial charges | 65/66B | €788 | €1,569 | +€781 | +99.0% |
| Recurring financial charges | 65 | €788 | €1,569 | +€781 | +99.0% |
| Profit (loss) for the period before taxes | 9903 | €64,197 | €66,272 | +€2,075 | +3.2% |
| Income taxes | 67/77 | €13,755 | €13,945 | +€190 | +1.4% |
| Profit (loss) for the period | 9904 | €50,442 | €52,327 | +€1,886 | +3.7% |
| Profit (loss) for the period to be appropriated | 9905 | €50,442 | €52,327 | +€1,886 | +3.7% |
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 24 October 2026 via checked.be.