one4: 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.
one4
Largest movements
- Cash -€59,416
down €59,416 (-24.9%), from €238,911 to €179,495
mainly Contributions, distributions and other (-€150,000) and Current portion of long-term debt (-€116,742)
- Receivables within one year +€51,898
up €51,898 (+12.7%), from €407,325 to €459,223
of which Other amounts receivable: +€61,577
- Deferred charges and accrued income -€28,619
down €28,619 (-43.1%), from €66,337 to €37,718
- Reserves +€986,490
up €986,490 (+1517.7%), from €65,000 to €1.1m
of which Distributable reserves: +€986,490
- Profit (loss) carried forward -€834,298
down €834,298 (-100.0%), from €834,298 to €0
- Current portion of long-term debt -€116,742
down €116,742 (-58.9%), from €198,118 to €81,376
- Debts after one year -€74,679
down €74,679 (-19.9%), from €374,679 to €300,000
- Financial income +€15,000
up €15,000 (+33.3%), from €45,000 to €60,000
- Gross operating margin -€12,905
down €12,905 (-4.3%), from €302,867 to €289,962
- Depreciation +€9,100
new in 2025: €9,100
- Taxes -€3,086
down €3,086 (-9.1%), from €34,097 to €31,011
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 | €2,619,872 | €2,574,636 | -€45,236 | -1.7% |
| Fixed assets | 21/28 | €1,907,300 | €1,898,200 | -€9,100 | -0.5% |
| Tangible fixed assets | 22/27 | €27,300 | €18,200 | -€9,100 | -33.3% |
| Furniture and vehicles | 24 | €27,300 | €18,200 | -€9,100 | -33.3% |
| Financial fixed assets | 28 | €1,880,000 | €1,880,000 | = | 0.0% |
| Current assets | 29/58 | €712,572 | €676,436 | -€36,136 | -5.1% |
| Amounts receivable within one year | 40/41 | €407,325 | €459,223 | +€51,898 | +12.7% |
| Trade receivables | 40 | €132,716 | €123,037 | -€9,679 | -7.3% |
| Other amounts receivable | 41 | €274,609 | €336,186 | +€61,577 | +22.4% |
| Cash at bank and in hand | 54/58 | €238,911 | €179,495 | -€59,416 | -24.9% |
| Deferred charges and accrued income | 490/1 | €66,337 | €37,718 | -€28,619 | -43.1% |
| Total equity and liabilities | 10/49 | €2,619,872 | €2,574,636 | -€45,236 | -1.7% |
| Equity | 10/15 | €1,653,475 | €1,805,667 | +€152,191 | +9.2% |
| Contributions | 10/11 | €754,177 | €754,177 | = | 0.0% |
| Reserves | 13 | €65,000 | €1,051,490 | +€986,490 | +1517.7% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €65,000 | €1,051,490 | +€986,490 | +1517.7% |
| Profit (loss) carried forward | 14 | €834,298 | €0 | -€834,298 | -100.0% |
| Amounts payable | 17/49 | €966,397 | €768,969 | -€197,428 | -20.4% |
| Amounts payable after more than one year | 17 | €374,679 | €300,000 | -€74,679 | -19.9% |
| Financial debts | 170/4 | €374,679 | €300,000 | -€74,679 | -19.9% |
| Amounts payable within one year | 42/48 | €591,718 | €456,369 | -€135,349 | -22.9% |
| Current portion of amounts payable after more than one year | 42 | €198,118 | €81,376 | -€116,742 | -58.9% |
| Trade debts | 44 | €179,083 | €171,369 | -€7,714 | -4.3% |
| Suppliers | 440/4 | €179,083 | €171,369 | -€7,714 | -4.3% |
| Taxes, remuneration and social security | 45 | €15,014 | €14,121 | -€893 | -5.9% |
| Taxes | 450/3 | €15,014 | €14,121 | -€893 | -5.9% |
| Other amounts payable | 47/48 | €199,503 | €189,503 | -€10,000 | -5.0% |
| Accrued charges and deferred income | 492/3 | - | €12,600 | +€12,600 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €9,100 | +€9,100 | |
| Other operating charges | 640/8 | €1,251 | €1,118 | -€133 | -10.7% |
| Gross operating margin | 9900 | €302,867 | €289,962 | -€12,905 | -4.3% |
| Operating profit (loss) | 9901 | €301,616 | €279,744 | -€21,872 | -7.3% |
| Financial income | 75/76B | €45,000 | €60,000 | +€15,000 | +33.3% |
| Recurring financial income | 75 | €45,000 | €60,000 | +€15,000 | +33.3% |
| Financial charges | 65/66B | €7,638 | €6,542 | -€1,097 | -14.4% |
| Recurring financial charges | 65 | €7,638 | €6,542 | -€1,097 | -14.4% |
| Profit (loss) for the period before taxes | 9903 | €338,978 | €333,203 | -€5,775 | -1.7% |
| Income taxes | 67/77 | €34,097 | €31,011 | -€3,086 | -9.1% |
| Profit (loss) for the period | 9904 | €304,880 | €302,191 | -€2,689 | -0.9% |
| Profit (loss) for the period to be appropriated | 9905 | €304,880 | €302,191 | -€2,689 | -0.9% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.