FOURTECH: what changed
Two financial 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.
FOURTECH
Largest movements
- Deferred charges and accrued income +€119,796
up €119,796 (+1631.5%), from €7,343 to €127,139
- Tangible fixed assets +€50,626
up €50,626 (+2169.7%), from €2,333 to €52,959
of which Plant, machinery and equipment: +€33,751
- Receivables within one year -€50,552
down €50,552 (-23.6%), from €214,554 to €164,003
of which Trade receivables: -€80,995
- Trade debts +€137,975
up €137,975 (+179.8%), from €76,742 to €214,717
- Reserves -€31,475
down €31,475 (-29.1%), from €108,168 to €76,693
- Other debts +€20,609
up €20,609 (+469.4%), from €4,391 to €25,000
- Short-term financial debts -€4,050
down €4,050 (-40.8%), from €9,923 to €5,873
- Gross operating margin -€8,902
down €8,902 (-3.9%), from €231,020 to €222,118
- Financial charges -€3,971
down €3,971 (-29.6%), from €13,399 to €9,428
- Staff costs -€3,366
down €3,366 (-1.8%), from €185,269 to €181,903
- Depreciation +€2,865
up €2,865 (+1719.4%), from €167 to €3,032
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 | €224,230 | €346,100 | +€121,870 | +54.4% |
| Fixed assets | 21/28 | €2,333 | €54,959 | +€52,626 | +2255.4% |
| Tangible fixed assets | 22/27 | €2,333 | €52,959 | +€50,626 | +2169.7% |
| Plant, machinery and equipment | 23 | €2,333 | €36,085 | +€33,751 | +1446.5% |
| Furniture and vehicles | 24 | - | €16,874 | +€16,874 | |
| Financial fixed assets | 28 | - | €2,000 | +€2,000 | |
| Current assets | 29/58 | €221,897 | €291,141 | +€69,244 | +31.2% |
| Amounts receivable within one year | 40/41 | €214,554 | €164,003 | -€50,552 | -23.6% |
| Trade receivables | 40 | €160,620 | €79,625 | -€80,995 | -50.4% |
| Other amounts receivable | 41 | €53,934 | €84,377 | +€30,443 | +56.4% |
| Cash at bank and in hand | 54/58 | €0 | - | = | |
| Deferred charges and accrued income | 490/1 | €7,343 | €127,139 | +€119,796 | +1631.5% |
| Total equity and liabilities | 10/49 | €224,230 | €346,100 | +€121,870 | +54.4% |
| Equity | 10/15 | €112,199 | €80,724 | -€31,475 | -28.1% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €108,168 | €76,693 | -€31,475 | -29.1% |
| Distributable reserves | 133 | €108,168 | €76,693 | -€31,475 | -29.1% |
| Profit (loss) carried forward | 14 | €31 | €31 | = | 0.0% |
| Amounts payable | 17/49 | €112,031 | €265,377 | +€153,345 | +136.9% |
| Amounts payable within one year | 42/48 | €111,968 | €265,293 | +€153,325 | +136.9% |
| Financial debts | 43 | €9,923 | €5,873 | -€4,050 | -40.8% |
| Credit institutions | 430/8 | €9,923 | €5,873 | -€4,050 | -40.8% |
| Trade debts | 44 | €76,742 | €214,717 | +€137,975 | +179.8% |
| Suppliers | 440/4 | €76,742 | €214,717 | +€137,975 | +179.8% |
| Taxes, remuneration and social security | 45 | €20,912 | €19,702 | -€1,210 | -5.8% |
| Taxes | 450/3 | €9,104 | €7,391 | -€1,713 | -18.8% |
| Remuneration and social security | 454/9 | €11,808 | €12,311 | +€503 | +4.3% |
| Other amounts payable | 47/48 | €4,391 | €25,000 | +€20,609 | +469.4% |
| Accrued charges and deferred income | 492/3 | €64 | €84 | +€20 | +31.9% |
| Remuneration, social security and pensions | 62 | €185,269 | €181,903 | -€3,366 | -1.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €167 | €3,032 | +€2,865 | +1719.4% |
| Other operating charges | 640/8 | €2,416 | €3,515 | +€1,099 | +45.5% |
| Gross operating margin | 9900 | €231,020 | €222,118 | -€8,902 | -3.9% |
| Operating profit (loss) | 9901 | €43,168 | €33,668 | -€9,500 | -22.0% |
| Financial income | 75/76B | €1,038 | €996 | -€42 | -4.0% |
| Recurring financial income | 75 | €1,038 | €996 | -€42 | -4.0% |
| Financial charges | 65/66B | €13,399 | €9,428 | -€3,971 | -29.6% |
| Recurring financial charges | 65 | €13,399 | €9,428 | -€3,971 | -29.6% |
| Profit (loss) for the period before taxes | 9903 | €30,807 | €25,236 | -€5,571 | -18.1% |
| Income taxes | 67/77 | €7,389 | €6,711 | -€678 | -9.2% |
| Profit (loss) for the period | 9904 | €23,418 | €18,525 | -€4,893 | -20.9% |
| Profit (loss) for the period to be appropriated | 9905 | €23,418 | €18,525 | -€4,893 | -20.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.