Fourscape: 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.
Fourscape
Largest movements
- Cash -€6,359
down €6,359 (-88.2%), from €7,209 to €850
mainly Debts after one year (-€39,151) and Other debts (-€25,247)
- Trade debts +€49,277
up €49,277 (+385.8%), from €12,774 to €62,052
- Debts after one year -€39,151
down €39,151 (-14.7%), from €266,289 to €227,139
of which Financial debts: -€39,151
- Other debts -€25,247
down €25,247 (-23.2%), from €108,902 to €83,655
- Reserves +€21,842
up €21,842 (+17.1%), from €128,008 to €149,850
of which Distributable reserves: +€21,842
- Current portion of long-term debt -€15,313
down €15,313 (-27.3%), from €56,145 to €40,833
- Gross operating margin +€32,395
up €32,395 (+108.8%), from €29,767 to €62,163
- Taxes +€4,608
up €4,608 (+150.8%), from €3,056 to €7,664
- Financial charges -€3,073
down €3,073 (-16.7%), from €18,382 to €15,309
- Other operating charges -€1,411
down €1,411 (-44.3%), from €3,185 to €1,774
- Depreciation -€1,299
down €1,299 (-48.3%), from €2,690 to €1,391
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 | €610,215 | €608,578 | -€1,637 | -0.3% |
| Fixed assets | 21/28 | €575,034 | €573,644 | -€1,391 | -0.2% |
| Tangible fixed assets | 22/27 | €10,568 | €9,178 | -€1,391 | -13.2% |
| Furniture and vehicles | 24 | €10,568 | €9,178 | -€1,391 | -13.2% |
| Financial fixed assets | 28 | €564,466 | €564,466 | = | 0.0% |
| Current assets | 29/58 | €35,181 | €34,935 | -€246 | -0.7% |
| Amounts receivable within one year | 40/41 | €26,754 | €30,306 | +€3,553 | +13.3% |
| Trade receivables | 40 | €24,809 | €30,304 | +€5,495 | +22.2% |
| Other amounts receivable | 41 | €1,945 | €2 | -€1,943 | -99.9% |
| Cash at bank and in hand | 54/58 | €7,209 | €850 | -€6,359 | -88.2% |
| Deferred charges and accrued income | 490/1 | €1,218 | €3,778 | +€2,560 | +210.1% |
| Total equity and liabilities | 10/49 | €610,215 | €608,578 | -€1,637 | -0.3% |
| Equity | 10/15 | €146,616 | €168,467 | +€21,851 | +14.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €128,008 | €149,850 | +€21,842 | +17.1% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €128,008 | €149,850 | +€21,842 | +17.1% |
| Profit (loss) carried forward | 14 | €9 | €17 | +€9 | +101.5% |
| Amounts payable | 17/49 | €463,599 | €440,111 | -€23,488 | -5.1% |
| Amounts payable after more than one year | 17 | €266,289 | €227,139 | -€39,151 | -14.7% |
| Financial debts | 170/4 | €188,289 | €149,139 | -€39,151 | -20.8% |
| Other amounts payable | 178/9 | €78,000 | €78,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €195,360 | €208,273 | +€12,913 | +6.6% |
| Current portion of amounts payable after more than one year | 42 | €56,145 | €40,833 | -€15,313 | -27.3% |
| Financial debts | 43 | €7,772 | €11,068 | +€3,296 | +42.4% |
| Credit institutions | 430/8 | €7,772 | €11,068 | +€3,296 | +42.4% |
| Trade debts | 44 | €12,774 | €62,052 | +€49,277 | +385.8% |
| Suppliers | 440/4 | €12,774 | €62,052 | +€49,277 | +385.8% |
| Taxes, remuneration and social security | 45 | €9,766 | €10,666 | +€899 | +9.2% |
| Taxes | 450/3 | €8,183 | €9,083 | +€899 | +11.0% |
| Remuneration and social security | 454/9 | €1,583 | €1,583 | = | 0.0% |
| Other amounts payable | 47/48 | €108,902 | €83,655 | -€25,247 | -23.2% |
| Accrued charges and deferred income | 492/3 | €1,950 | €4,700 | +€2,750 | +141.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,690 | €1,391 | -€1,299 | -48.3% |
| Other operating charges | 640/8 | €3,185 | €1,774 | -€1,411 | -44.3% |
| Non-recurring operating charges | 66A | - | €12,144 | +€12,144 | |
| Gross operating margin | 9900 | €29,767 | €62,163 | +€32,395 | +108.8% |
| Operating profit (loss) | 9901 | €23,893 | €46,854 | +€22,961 | +96.1% |
| Financial income | 75/76B | €4 | €3 | -€1 | -18.2% |
| Recurring financial income | 75 | €4 | €3 | -€1 | -18.2% |
| Financial charges | 65/66B | €18,382 | €15,309 | -€3,073 | -16.7% |
| Recurring financial charges | 65 | €18,382 | €15,309 | -€3,073 | -16.7% |
| Profit (loss) for the period before taxes | 9903 | €5,515 | €31,548 | +€26,034 | +472.1% |
| Income taxes | 67/77 | €3,056 | €7,664 | +€4,608 | +150.8% |
| Profit (loss) for the period | 9904 | €2,459 | €23,884 | +€21,426 | +871.4% |
| Profit (loss) for the period to be appropriated | 9905 | €2,459 | €23,884 | +€21,426 | +871.4% |
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 7 October 2026 via checked.be.