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FourOne: 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.

What changed

FourOne

BE 0450.065.449
NACE 16.230, Manufacture of other builders' carpentry and joinery
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€8,282
2024 · €69,982-€78,264
Equity
€87,041
2024 · €95,323-€8,282
Cash
€67,116
2024 · €98,327-€31,211
Balance sheet total
€92,939
2024 · €123,911-€30,972

Largest movements

2024 to 2025
Assets
  • Cash -€31,211

    down €31,211 (-31.7%), from €98,327 to €67,116

    mainly Other debts (-€14,858) and Tax, wage and social debts (-€13,730)

Equity and liabilities
  • Other debts -€14,858

    down €14,858 (-100.0%), from €14,858 to €0

  • Tax, wage and social debts -€13,730

    down €13,730 (-100.0%), from €13,730 to €0

  • Reserves -€8,282

    down €8,282 (-24.5%), from €33,823 to €25,541

    of which Distributable reserves: -€8,282

  • Trade debts +€5,898

    up €5,898, from €0 to €5,898

Income statement
  • Taxes -€13,730

    down €13,730 (-100.0%), from €13,730 to €0

  • Gross operating margin +€8,331

    up €8,331 (+80.9%), from -€10,300 to -€1,969

  • Depreciation -€502

    down €502 (-100.0%), from €502 to €0

  • Financial income -€370

    down €370 (-100.0%), from €370 to €0

  • Other operating charges +€230

    up €230 (+3.8%), from €6,048 to €6,278

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €69,982
Gross operating margin +€8,331
Depreciation +€502
Other operating charges -€230
Financial income -€370
Financial charges +€43
Taxes +€13,730
Deferred taxes and other -€100,270
Result 2025 -€8,282

Cash bridge derived

cash 2024 to 2025

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.

From operations -€31,211
Investment €0
Financing €0
Cash 2024 €98,327
Net result for the year -€8,282
Receivables within one year +€650
Deferred charges and accrued income -€889
Trade debts +€5,898
Tax, wage and social debts -€13,730
Other debts -€14,858
Cash 2025 €67,116
Every line side by side 46 lines
Line Code 2024 2025 Change %
Total assets 20/58 €123,911 €92,939 -€30,972 -25.0%
Fixed assets 21/28 €23,656 €23,656 = 0.0%
Tangible fixed assets 22/27 €23,656 €23,656 = 0.0%
Land and buildings 22 €23,656 €23,656 = 0.0%
Furniture and vehicles 24 €0 - =
Current assets 29/58 €100,255 €69,283 -€30,972 -30.9%
Amounts receivable within one year 40/41 €1,927 €1,278 -€650 -33.7%
Trade receivables 40 €171 €0 -€171 -100.0%
Other amounts receivable 41 €1,756 €1,278 -€479 -27.3%
Cash at bank and in hand 54/58 €98,327 €67,116 -€31,211 -31.7%
Deferred charges and accrued income 490/1 - €889 +€889
Total equity and liabilities 10/49 €123,911 €92,939 -€30,972 -25.0%
Equity 10/15 €95,323 €87,041 -€8,282 -8.7%
Contributions 10/11 €61,500 €61,500 = 0.0%
Capital 10 €61,500 €61,500 = 0.0%
Issued capital 100 €61,500 €61,500 = 0.0%
Reserves 13 €33,823 €25,541 -€8,282 -24.5%
Non-distributable reserves 130/1 €6,150 €6,150 = 0.0%
Legal reserve 130 €6,150 €6,150 = 0.0%
Tax-exempt reserves 132 €0 - =
Distributable reserves 133 €27,673 €19,391 -€8,282 -29.9%
Profit (loss) carried forward 14 €0 - =
Provisions and deferred taxes 16 €0 - =
Deferred taxes 168 €0 - =
Amounts payable 17/49 €28,588 €5,898 -€22,690 -79.4%
Amounts payable within one year 42/48 €28,588 €5,898 -€22,690 -79.4%
Trade debts 44 €0 €5,898 +€5,898
Suppliers 440/4 €0 €5,898 +€5,898
Taxes, remuneration and social security 45 €13,730 €0 -€13,730 -100.0%
Taxes 450/3 €13,730 €0 -€13,730 -100.0%
Other amounts payable 47/48 €14,858 €0 -€14,858 -100.0%
Non-recurring operating income 76A - €21,000 +€21,000
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €502 €0 -€502 -100.0%
Other operating charges 640/8 €6,048 €6,278 +€230 +3.8%
Gross operating margin 9900 -€10,300 -€1,969 +€8,331 +80.9%
Operating profit (loss) 9901 -€16,850 -€8,247 +€8,603 +51.1%
Financial income 75/76B €370 €0 -€370 -100.0%
Recurring financial income 75 €370 €0 -€370 -100.0%
Financial charges 65/66B €78 €35 -€43 -54.8%
Recurring financial charges 65 €78 €35 -€43 -54.8%
Profit (loss) for the period before taxes 9903 -€16,558 -€8,282 +€8,276 +50.0%
Transfer from deferred taxes 780 €100,270 €0 -€100,270 -100.0%
Income taxes 67/77 €13,730 €0 -€13,730 -100.0%
Profit (loss) for the period 9904 €69,982 -€8,282 -€78,264
Transfer from tax-exempt reserves 789 €300,810 €0 -€300,810 -100.0%
Profit (loss) for the period to be appropriated 9905 €370,792 -€8,282 -€379,074

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 28 September 2026 via checked.be.