G4 Level up: 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.
G4 Level up
Largest movements
- Tangible fixed assets -€6,538
down €6,538 (-80.2%), from €8,148 to €1,610
- Cash -€407
down €407 (-99.3%), from €410 to €3
mainly Net result for the year (-€7,541) and Current portion of long-term debt (-€1,817)
- Profit (loss) carried forward -€7,541
down €7,541 (-28.7%), from -€26,292 to -€33,833
- Other debts +€2,718
up €2,718 (+9.5%), from €28,581 to €31,298
- Current portion of long-term debt -€1,817
no longer reported in 2025 (was €1,817)
- Trade debts -€307
down €307 (-79.3%), from €387 to €80
- Purchases and services -€2,959
no longer reported in 2025 (was €2,959)
- Turnover -€800
no longer reported in 2025 (was €800)
- Gross operating margin -€525
down €525, from €248 to -€277
- Depreciation -€458
down €458 (-6.6%), from €6,997 to €6,538
- Other operating charges +€297
up €297 (+569.1%), from €52 to €350
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 | €8,558 | €1,613 | -€6,946 | -81.2% |
| Fixed assets | 21/28 | €8,148 | €1,610 | -€6,538 | -80.2% |
| Tangible fixed assets | 22/27 | €8,148 | €1,610 | -€6,538 | -80.2% |
| Furniture and vehicles | 24 | €8,148 | €1,610 | -€6,538 | -80.2% |
| Current assets | 29/58 | €410 | €3 | -€407 | -99.3% |
| Amounts receivable within one year | 40/41 | €0 | - | = | |
| Trade receivables | 40 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €410 | €3 | -€407 | -99.3% |
| Total equity and liabilities | 10/49 | €8,558 | €1,613 | -€6,946 | -81.2% |
| Equity | 10/15 | -€22,292 | -€29,833 | -€7,541 | -33.8% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€26,292 | -€33,833 | -€7,541 | -28.7% |
| Amounts payable | 17/49 | €30,850 | €31,446 | +€595 | +1.9% |
| Amounts payable within one year | 42/48 | €30,785 | €31,379 | +€594 | +1.9% |
| Current portion of amounts payable after more than one year | 42 | €1,817 | - | -€1,817 | |
| Trade debts | 44 | €387 | €80 | -€307 | -79.3% |
| Suppliers | 440/4 | €387 | €80 | -€307 | -79.3% |
| Other amounts payable | 47/48 | €28,581 | €31,298 | +€2,718 | +9.5% |
| Accrued charges and deferred income | 492/3 | €66 | €67 | +€1 | +2.0% |
| Turnover | 70 | €800 | - | -€800 | |
| Goods, raw materials, services and sundry goods | 60/61 | €2,959 | - | -€2,959 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,997 | €6,538 | -€458 | -6.6% |
| Other operating charges | 640/8 | €52 | €350 | +€297 | +569.1% |
| Gross operating margin | 9900 | €248 | -€277 | -€525 | |
| Operating profit (loss) | 9901 | -€6,801 | -€7,165 | -€364 | -5.4% |
| Financial charges | 65/66B | €453 | €376 | -€77 | -17.1% |
| Recurring financial charges | 65 | €453 | €376 | -€77 | -17.1% |
| Profit (loss) for the period before taxes | 9903 | -€7,255 | -€7,541 | -€287 | -4.0% |
| Profit (loss) for the period | 9904 | -€7,255 | -€7,541 | -€287 | -4.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,255 | -€7,541 | -€287 | -4.0% |
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.