Les 4 fées: 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.
Les 4 fées
Largest movements
- Receivables within one year -€6,692
down €6,692 (-6.4%), from €104,772 to €98,081
of which Trade receivables: -€9,903
- Tangible fixed assets -€3,039
down €3,039 (-67.3%), from €4,513 to €1,474
- Cash -€2,667
down €2,667 (-40.7%), from €6,555 to €3,888
mainly Tax, wage and social debts (-€12,241) and Net result for the year (-€7,340)
- Stocks and contracts -€2,500
down €2,500 (-83.3%), from €3,000 to €500
- Tax, wage and social debts -€12,241
down €12,241 (-22.3%), from €54,989 to €42,749
of which Taxes: -€14,615
- Profit (loss) carried forward -€7,340
down €7,340 (-15.5%), from €47,223 to €39,883
- Trade debts +€3,562
up €3,562 (+457%), from €780 to €4,342
- Gross operating margin -€46,339
down €46,339 (-87.0%), from €53,236 to €6,897
- Taxes -€18,173
down €18,173 (-98.4%), from €18,466 to €293
- Other operating charges +€4,056
up €4,056 (+106%), from €3,832 to €7,888
- Financial charges +€2,301
up €2,301 (+319%), from €722 to €3,023
- Financial income -€1,209
down €1,209 (-99.5%), from €1,215 to €6
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 | €118,992 | €104,040 | -€14,952 | -12.6% |
| Fixed assets | 21/28 | €4,611 | €1,572 | -€3,039 | -65.9% |
| Tangible fixed assets | 22/27 | €4,513 | €1,474 | -€3,039 | -67.3% |
| Furniture and vehicles | 24 | €4,513 | €1,474 | -€3,039 | -67.3% |
| Financial fixed assets | 28 | €98 | €98 | = | 0.0% |
| Current assets | 29/58 | €114,381 | €102,468 | -€11,912 | -10.4% |
| Stocks and contracts in progress | 3 | €3,000 | €500 | -€2,500 | -83.3% |
| Stocks | 30/36 | €3,000 | €500 | -€2,500 | -83.3% |
| Amounts receivable within one year | 40/41 | €104,772 | €98,081 | -€6,692 | -6.4% |
| Trade receivables | 40 | €34,205 | €24,302 | -€9,903 | -29.0% |
| Other amounts receivable | 41 | €70,568 | €73,779 | +€3,211 | +4.6% |
| Cash at bank and in hand | 54/58 | €6,555 | €3,888 | -€2,667 | -40.7% |
| Deferred charges and accrued income | 490/1 | €53 | - | -€53 | |
| Total equity and liabilities | 10/49 | €118,992 | €104,040 | -€14,952 | -12.6% |
| Equity | 10/15 | €53,223 | €45,883 | -€7,340 | -13.8% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €47,223 | €39,883 | -€7,340 | -15.5% |
| Amounts payable | 17/49 | €65,769 | €58,158 | -€7,612 | -11.6% |
| Amounts payable within one year | 42/48 | €65,769 | €58,158 | -€7,612 | -11.6% |
| Trade debts | 44 | €780 | €4,342 | +€3,562 | +457% |
| Suppliers | 440/4 | €780 | €4,342 | +€3,562 | +457% |
| Taxes, remuneration and social security | 45 | €54,989 | €42,749 | -€12,241 | -22.3% |
| Taxes | 450/3 | €51,342 | €36,727 | -€14,615 | -28.5% |
| Remuneration and social security | 454/9 | €3,647 | €6,022 | +€2,375 | +65.1% |
| Other amounts payable | 47/48 | €10,000 | €11,067 | +€1,067 | +10.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,039 | €3,039 | -€0 | 0.0% |
| Other operating charges | 640/8 | €3,832 | €7,888 | +€4,056 | +106% |
| Gross operating margin | 9900 | €53,236 | €6,897 | -€46,339 | -87.0% |
| Operating profit (loss) | 9901 | €46,365 | -€4,030 | -€50,395 | |
| Financial income | 75/76B | €1,215 | €6 | -€1,209 | -99.5% |
| Recurring financial income | 75 | €1,215 | €6 | -€1,209 | -99.5% |
| Financial charges | 65/66B | €722 | €3,023 | +€2,301 | +319% |
| Recurring financial charges | 65 | €722 | €3,023 | +€2,301 | +319% |
| Profit (loss) for the period before taxes | 9903 | €46,858 | -€7,047 | -€53,905 | |
| Income taxes | 67/77 | €18,466 | €293 | -€18,173 | -98.4% |
| Profit (loss) for the period | 9904 | €28,392 | -€7,340 | -€35,732 | |
| Profit (loss) for the period to be appropriated | 9905 | €28,392 | -€7,340 | -€35,732 |
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 30 October 2026 via checked.be.