Road4Sense: 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.
Road4Sense
Largest movements
- Cash +€19,947
up €19,947 (+164%), from €12,186 to €32,133
mainly Net result for the year (+€28,363) and Tax, wage and social debts (+€8,387)
- Tangible fixed assets -€2,613
down €2,613 (-31.5%), from €8,287 to €5,674
of which Furniture and vehicles: -€3,576
- Receivables within one year +€2,440
up €2,440 (+13.0%), from €18,713 to €21,153
of which Trade receivables: +€2,571
- Reserves +€28,363
up €28,363 (+349%), from €8,136 to €36,499
- Other debts -€14,962
down €14,962 (-75.8%), from €19,751 to €4,789
- Tax, wage and social debts +€8,387
up €8,387 (+122%), from €6,848 to €15,236
of which Taxes: +€8,387
- Current portion of long-term debt -€2,480
down €2,480 (-85.4%), from €2,903 to €423
- Trade debts +€823
up €823 (+284%), from €290 to €1,113
- Gross operating margin +€23,510
up €23,510 (+94.6%), from €24,864 to €48,374
- Taxes +€9,369
up €9,369 (+346%), from €2,709 to €12,078
- Depreciation -€4,543
down €4,543 (-46.7%), from €9,721 to €5,179
- Financial charges +€1,084
up €1,084 (+89.0%), from €1,218 to €2,303
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 | €40,928 | €61,059 | +€20,131 | +49.2% |
| Fixed assets | 21/28 | €8,287 | €5,674 | -€2,613 | -31.5% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €8,287 | €5,674 | -€2,613 | -31.5% |
| Plant, machinery and equipment | 23 | €184 | €68 | -€116 | -63.3% |
| Furniture and vehicles | 24 | €8,103 | €4,526 | -€3,576 | -44.1% |
| Leasing and similar rights | 25 | - | €0 | = | |
| Other tangible fixed assets | 26 | €0 | €1,080 | +€1,080 | |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €32,642 | €55,386 | +€22,744 | +69.7% |
| Amounts receivable within one year | 40/41 | €18,713 | €21,153 | +€2,440 | +13.0% |
| Trade receivables | 40 | €16,789 | €19,360 | +€2,571 | +15.3% |
| Other amounts receivable | 41 | €1,925 | €1,793 | -€131 | -6.8% |
| Cash at bank and in hand | 54/58 | €12,186 | €32,133 | +€19,947 | +164% |
| Deferred charges and accrued income | 490/1 | €1,743 | €2,099 | +€356 | +20.4% |
| Total equity and liabilities | 10/49 | €40,928 | €61,059 | +€20,131 | +49.2% |
| Equity | 10/15 | €11,136 | €39,499 | +€28,363 | +255% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €8,136 | €36,499 | +€28,363 | +349% |
| Distributable reserves | 133 | €8,136 | €36,499 | +€28,363 | +349% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €29,792 | €21,560 | -€8,232 | -27.6% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €29,792 | €21,560 | -€8,232 | -27.6% |
| Current portion of amounts payable after more than one year | 42 | €2,903 | €423 | -€2,480 | -85.4% |
| Trade debts | 44 | €290 | €1,113 | +€823 | +284% |
| Suppliers | 440/4 | €290 | €1,113 | +€823 | +284% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €6,848 | €15,236 | +€8,387 | +122% |
| Taxes | 450/3 | €6,848 | €15,236 | +€8,387 | +122% |
| Remuneration and social security | 454/9 | €0 | €0 | = | |
| Other amounts payable | 47/48 | €19,751 | €4,789 | -€14,962 | -75.8% |
| Remuneration, social security and pensions | 62 | €69 | €0 | -€69 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,721 | €5,179 | -€4,543 | -46.7% |
| Other operating charges | 640/8 | €643 | €461 | -€181 | -28.2% |
| Non-recurring operating charges | 66A | €775 | - | -€775 | |
| Gross operating margin | 9900 | €24,864 | €48,374 | +€23,510 | +94.6% |
| Operating profit (loss) | 9901 | €13,657 | €42,734 | +€29,077 | +213% |
| Financial income | 75/76B | €104 | €10 | -€94 | -90.4% |
| Recurring financial income | 75 | €104 | €10 | -€94 | -90.4% |
| Financial charges | 65/66B | €1,218 | €2,303 | +€1,084 | +89.0% |
| Recurring financial charges | 65 | €1,218 | €2,303 | +€1,084 | +89.0% |
| Profit (loss) for the period before taxes | 9903 | €12,542 | €40,441 | +€27,899 | +222% |
| Income taxes | 67/77 | €2,709 | €12,078 | +€9,369 | +346% |
| Profit (loss) for the period | 9904 | €9,833 | €28,363 | +€18,530 | +188% |
| Profit (loss) for the period to be appropriated | 9905 | €9,833 | €28,363 | +€18,530 | +188% |
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 16 October 2026 via checked.be.