FOURSEVENS: 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.
FOURSEVENS
Largest movements
- Receivables within one year -€37,644
down €37,644 (-20.4%), from €184,939 to €147,295
of which Trade receivables: -€29,244
- Tangible fixed assets -€3,277
down €3,277 (-42.1%), from €7,783 to €4,506
- Profit (loss) carried forward -€36,462
down €36,462 (-12.3%), from -€296,225 to -€332,688
- Other debts +€35,157
up €35,157 (+13.7%), from €256,923 to €292,081
- Trade debts -€21,538
down €21,538 (-16.3%), from €132,372 to €110,834
- Tax, wage and social debts -€16,014
down €16,014 (-41.3%), from €38,774 to €22,760
of which Remuneration and social security: -€10,845
- Turnover -€265,363
down €265,363 (-20.3%), from €1.3m to €1.0m
- Purchases and services -€136,556
down €136,556 (-14.4%), from €947,365 to €810,808
- Gross operating margin -€126,763
down €126,763 (-34.9%), from €363,171 to €236,408
- Staff costs -€100,118
down €100,118 (-28.9%), from €346,833 to €246,715
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 | €202,045 | €161,309 | -€40,736 | -20.2% |
| Fixed assets | 21/28 | €8,382 | €5,105 | -€3,277 | -39.1% |
| Tangible fixed assets | 22/27 | €7,783 | €4,506 | -€3,277 | -42.1% |
| Plant, machinery and equipment | 23 | €7,783 | €4,506 | -€3,277 | -42.1% |
| Financial fixed assets | 28 | €599 | €599 | = | 0.0% |
| Current assets | 29/58 | €193,662 | €156,204 | -€37,458 | -19.3% |
| Amounts receivable within one year | 40/41 | €184,939 | €147,295 | -€37,644 | -20.4% |
| Trade receivables | 40 | €172,709 | €143,465 | -€29,244 | -16.9% |
| Other amounts receivable | 41 | €12,230 | €3,830 | -€8,400 | -68.7% |
| Cash at bank and in hand | 54/58 | €5,710 | €5,450 | -€259 | -4.5% |
| Deferred charges and accrued income | 490/1 | €3,014 | €3,458 | +€445 | +14.8% |
| Total equity and liabilities | 10/49 | €202,045 | €161,309 | -€40,736 | -20.2% |
| Equity | 10/15 | -€228,025 | -€264,488 | -€36,462 | -16.0% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€296,225 | -€332,688 | -€36,462 | -12.3% |
| Provisions and deferred taxes | 16 | - | €122 | +€122 | |
| Provisions for liabilities and charges | 160/5 | - | €122 | +€122 | |
| Pensions and similar obligations | 160 | - | €122 | +€122 | |
| Amounts payable | 17/49 | €430,070 | €425,674 | -€4,395 | -1.0% |
| Amounts payable within one year | 42/48 | €428,070 | €425,674 | -€2,395 | -0.6% |
| Trade debts | 44 | €132,372 | €110,834 | -€21,538 | -16.3% |
| Suppliers | 440/4 | €132,372 | €110,834 | -€21,538 | -16.3% |
| Taxes, remuneration and social security | 45 | €38,774 | €22,760 | -€16,014 | -41.3% |
| Taxes | 450/3 | €11,338 | €6,168 | -€5,170 | -45.6% |
| Remuneration and social security | 454/9 | €27,437 | €16,592 | -€10,845 | -39.5% |
| Other amounts payable | 47/48 | €256,923 | €292,081 | +€35,157 | +13.7% |
| Accrued charges and deferred income | 492/3 | €2,000 | - | -€2,000 | |
| Turnover | 70 | €1,308,965 | €1,043,602 | -€265,363 | -20.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €947,365 | €810,808 | -€136,556 | -14.4% |
| Remuneration, social security and pensions | 62 | €346,833 | €246,715 | -€100,118 | -28.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,070 | €3,277 | +€208 | +6.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €122 | +€122 | |
| Other operating charges | 640/8 | €2,313 | €1,639 | -€674 | -29.1% |
| Gross operating margin | 9900 | €363,171 | €236,408 | -€126,763 | -34.9% |
| Operating profit (loss) | 9901 | €10,956 | -€15,345 | -€26,301 | |
| Financial income | 75/76B | €19 | €16 | -€4 | -19.8% |
| Recurring financial income | 75 | €19 | €16 | -€4 | -19.8% |
| Financial charges | 65/66B | €17,992 | €20,661 | +€2,669 | +14.8% |
| Recurring financial charges | 65 | €17,992 | €20,661 | +€2,669 | +14.8% |
| Profit (loss) for the period before taxes | 9903 | -€7,017 | -€35,991 | -€28,974 | -412.9% |
| Income taxes | 67/77 | -€384 | €472 | +€856 | |
| Profit (loss) for the period | 9904 | -€6,633 | -€36,462 | -€29,830 | -449.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,633 | -€36,462 | -€29,830 | -449.7% |
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 30 September 2026 via checked.be.