FOURMIZLAB: 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.
FOURMIZLAB
Largest movements
- Tangible fixed assets +€474,495
up €474,495 (+55.7%), from €852,152 to €1.3m
of which Land and buildings: +€495,959
- Receivables within one year -€51,522
down €51,522 (-98.3%), from €52,430 to €908
of which Trade receivables: -€49,099
- Debts after one year +€342,492
up €342,492 (+57.1%), from €599,533 to €942,025
- Current portion of long-term debt +€46,065
up €46,065 (+58.0%), from €79,460 to €125,526
- Reserves +€24,776
up €24,776 (+40.9%), from €60,564 to €85,340
- Gross operating margin +€97,999
up €97,999 (+115.8%), from €84,618 to €182,617
- Depreciation +€61,173
up €61,173 (+106.8%), from €57,281 to €118,455
- Financial charges +€10,512
up €10,512 (+58.9%), from €17,834 to €28,346
- Other operating charges -€4,014
down €4,014 (-33.4%), from €12,003 to €7,990
- Taxes +€3,051
new in 2025: €3,051
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 | €909,644 | €1,336,252 | +€426,607 | +46.9% |
| Fixed assets | 21/28 | €852,152 | €1,326,647 | +€474,495 | +55.7% |
| Tangible fixed assets | 22/27 | €852,152 | €1,326,647 | +€474,495 | +55.7% |
| Land and buildings | 22 | €742,272 | €1,238,231 | +€495,959 | +66.8% |
| Plant, machinery and equipment | 23 | €109,378 | €84,120 | -€25,259 | -23.1% |
| Furniture and vehicles | 24 | €501 | €4,297 | +€3,795 | +757.0% |
| Current assets | 29/58 | €57,493 | €9,605 | -€47,888 | -83.3% |
| Amounts receivable within one year | 40/41 | €52,430 | €908 | -€51,522 | -98.3% |
| Trade receivables | 40 | €50,007 | €908 | -€49,099 | -98.2% |
| Other amounts receivable | 41 | €2,423 | - | -€2,423 | |
| Cash at bank and in hand | 54/58 | €4,158 | €1,626 | -€2,532 | -60.9% |
| Deferred charges and accrued income | 490/1 | €905 | €7,071 | +€6,166 | +681.3% |
| Total equity and liabilities | 10/49 | €909,644 | €1,336,252 | +€426,607 | +46.9% |
| Equity | 10/15 | €181,562 | €206,339 | +€24,776 | +13.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €60,564 | €85,340 | +€24,776 | +40.9% |
| Distributable reserves | 133 | €60,564 | €85,340 | +€24,776 | +40.9% |
| Profit (loss) carried forward | 14 | €108,599 | €108,599 | = | 0.0% |
| Provisions and deferred taxes | 16 | €20,000 | €20,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €20,000 | €20,000 | = | 0.0% |
| Pensions and similar obligations | 160 | €20,000 | €20,000 | = | 0.0% |
| Amounts payable | 17/49 | €708,082 | €1,109,913 | +€401,831 | +56.7% |
| Amounts payable after more than one year | 17 | €599,533 | €942,025 | +€342,492 | +57.1% |
| Financial debts | 170/4 | €599,533 | €942,025 | +€342,492 | +57.1% |
| Amounts payable within one year | 42/48 | €108,318 | €167,888 | +€59,570 | +55.0% |
| Current portion of amounts payable after more than one year | 42 | €79,460 | €125,526 | +€46,065 | +58.0% |
| Trade debts | 44 | €1,943 | €1,260 | -€683 | -35.2% |
| Suppliers | 440/4 | €1,943 | €1,260 | -€683 | -35.2% |
| Advances received on contracts in progress | 46 | €5,445 | €14,520 | +€9,075 | +166.7% |
| Taxes, remuneration and social security | 45 | €7,071 | €19,646 | +€12,575 | +177.9% |
| Taxes | 450/3 | €7,071 | €19,646 | +€12,575 | +177.9% |
| Other amounts payable | 47/48 | €14,400 | €6,937 | -€7,463 | -51.8% |
| Accrued charges and deferred income | 492/3 | €231 | - | -€231 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €57,281 | €118,455 | +€61,173 | +106.8% |
| Other operating charges | 640/8 | €12,003 | €7,990 | -€4,014 | -33.4% |
| Gross operating margin | 9900 | €84,618 | €182,617 | +€97,999 | +115.8% |
| Operating profit (loss) | 9901 | €15,334 | €56,173 | +€40,839 | +266.3% |
| Financial income | 75/76B | €26 | - | -€26 | |
| Recurring financial income | 75 | €26 | - | -€26 | |
| Financial charges | 65/66B | €17,834 | €28,346 | +€10,512 | +58.9% |
| Recurring financial charges | 65 | €17,834 | €28,346 | +€10,512 | +58.9% |
| Profit (loss) for the period before taxes | 9903 | -€2,475 | €27,827 | +€30,302 | |
| Income taxes | 67/77 | - | €3,051 | +€3,051 | |
| Profit (loss) for the period | 9904 | -€2,475 | €24,776 | +€27,251 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,475 | €24,776 | +€27,251 |
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 3 October 2026 via checked.be.