Ghent4u: 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.
Ghent4u
Largest movements
- Deferred charges and accrued income -€346
down €346 (-58.2%), from €595 to €249
- Cash -€195
down €195 (-18.3%), from €1,066 to €871
mainly Net result for the year (-€660)
- Profit (loss) carried forward -€660
down €660 (-1.3%), from -€50,023 to -€50,682
- Trade debts +€90
up €90 (+131%), from €69 to €160
- Other debts +€22
up €22 (+0.1%), from €32,854 to €32,876
- Gross operating margin +€271
up €271 (+54.2%), from -€499 to -€229
- Other operating charges +€8
up €8 (+2.0%), from €386 to €394
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.
Derived cash bridge
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 | €1,686 | €1,145 | -€541 | -32.1% |
| Fixed assets | 21/28 | €25 | €25 | = | 0.0% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €1,661 | €1,120 | -€541 | -32.6% |
| Cash at bank and in hand | 54/58 | €1,066 | €871 | -€195 | -18.3% |
| Deferred charges and accrued income | 490/1 | €595 | €249 | -€346 | -58.2% |
| Total equity and liabilities | 10/49 | €1,686 | €1,145 | -€541 | -32.1% |
| Equity | 10/15 | -€31,431 | -€32,090 | -€660 | -2.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€50,023 | -€50,682 | -€660 | -1.3% |
| Amounts payable | 17/49 | €33,117 | €33,235 | +€118 | +0.4% |
| Amounts payable within one year | 42/48 | €32,923 | €33,035 | +€112 | +0.3% |
| Trade debts | 44 | €69 | €160 | +€90 | +131% |
| Suppliers | 440/4 | €69 | €160 | +€90 | +131% |
| Other amounts payable | 47/48 | €32,854 | €32,876 | +€22 | +0.1% |
| Accrued charges and deferred income | 492/3 | €194 | €200 | +€6 | +3.2% |
| Other operating charges | 640/8 | €386 | €394 | +€8 | +2.0% |
| Gross operating margin | 9900 | -€499 | -€229 | +€271 | +54.2% |
| Operating profit (loss) | 9901 | -€885 | -€622 | +€263 | +29.7% |
| Financial charges | 65/66B | €33 | €38 | +€5 | +13.6% |
| Recurring financial charges | 65 | €33 | €38 | +€5 | +13.6% |
| Profit (loss) for the period before taxes | 9903 | -€918 | -€660 | +€259 | +28.2% |
| Profit (loss) for the period | 9904 | -€918 | -€660 | +€259 | +28.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€918 | -€660 | +€259 | +28.2% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.