FOURMIL'S: 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.
FOURMIL'S
Largest movements
- Tangible fixed assets -€223
down €223 (-27.5%), from €811 to €588
- Receivables within one year -€182
no longer reported in 2025 (was €182)
- Deferred charges and accrued income +€30
up €30 (+5.3%), from €567 to €597
- Cash -€25
down €25 (-92.6%), from €27 to €2
mainly Other debts (-€4,167) and Net result for the year (-€300)
- Other debts -€4,167
down €4,167 (-74.2%), from €5,619 to €1,452
- Contributions +€3,000
new in 2025: €3,000
- Tax, wage and social debts +€564
up €564 (+59.9%), from €941 to €1,505
- Trade debts +€503
up €503 (+41.8%), from €1,204 to €1,707
- Profit (loss) carried forward -€300
down €300 (-4.9%), from -€6,177 to -€6,477
- Other operating charges -€2,236
no longer reported in 2025 (was €2,236)
- Gross operating margin +€485
up €485, from -€429 to €56
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 | €1,587 | €1,187 | -€400 | -25.2% |
| Fixed assets | 21/28 | €811 | €588 | -€223 | -27.5% |
| Tangible fixed assets | 22/27 | €811 | €588 | -€223 | -27.5% |
| Plant, machinery and equipment | 23 | €811 | €588 | -€223 | -27.5% |
| Current assets | 29/58 | €776 | €599 | -€177 | -22.8% |
| Amounts receivable within one year | 40/41 | €182 | - | -€182 | |
| Trade receivables | 40 | €182 | - | -€182 | |
| Cash at bank and in hand | 54/58 | €27 | €2 | -€25 | -92.6% |
| Deferred charges and accrued income | 490/1 | €567 | €597 | +€30 | +5.3% |
| Total equity and liabilities | 10/49 | €1,587 | €1,187 | -€400 | -25.2% |
| Equity | 10/15 | -€6,177 | -€3,477 | +€2,700 | +43.7% |
| Contributions | 10/11 | - | €3,000 | +€3,000 | |
| Profit (loss) carried forward | 14 | -€6,177 | -€6,477 | -€300 | -4.9% |
| Amounts payable | 17/49 | €7,764 | €4,664 | -€3,100 | -39.9% |
| Amounts payable within one year | 42/48 | €7,764 | €4,664 | -€3,100 | -39.9% |
| Trade debts | 44 | €1,204 | €1,707 | +€503 | +41.8% |
| Suppliers | 440/4 | €1,204 | €1,707 | +€503 | +41.8% |
| Taxes, remuneration and social security | 45 | €941 | €1,505 | +€564 | +59.9% |
| Taxes | 450/3 | €941 | €1,505 | +€564 | +59.9% |
| Other amounts payable | 47/48 | €5,619 | €1,452 | -€4,167 | -74.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €223 | €223 | = | 0.0% |
| Other operating charges | 640/8 | €2,236 | - | -€2,236 | |
| Gross operating margin | 9900 | -€429 | €56 | +€485 | |
| Operating profit (loss) | 9901 | -€2,888 | -€167 | +€2,721 | +94.2% |
| Financial charges | 65/66B | €129 | €133 | +€4 | +3.1% |
| Recurring financial charges | 65 | €129 | €133 | +€4 | +3.1% |
| Profit (loss) for the period before taxes | 9903 | -€3,017 | -€300 | +€2,717 | +90.1% |
| Profit (loss) for the period | 9904 | -€3,017 | -€300 | +€2,717 | +90.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,017 | -€300 | +€2,717 | +90.1% |
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 6 October 2026 via checked.be.