ROADFOUR: 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.
ROADFOUR
Largest movements
- Receivables within one year -€9,740
down €9,740 (-94.6%), from €10,294 to €553
- Cash -€6,708
down €6,708 (-18.1%), from €37,161 to €30,452
mainly Trade debts (-€8,094) and Net result for the year (-€7,474)
- Deferred charges and accrued income +€881
up €881 (+340%), from €259 to €1,140
- Trade debts -€8,094
down €8,094 (-81.5%), from €9,926 to €1,833
- Profit (loss) carried forward -€7,474
down €7,474 (-2.9%), from -€258,213 to -€265,687
- Gross operating margin +€42,281
up €42,281 (+86.3%), from -€48,966 to -€6,685
- Financial income -€521
down €521 (-69.5%), from €750 to €229
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 | €47,713 | €32,146 | -€15,568 | -32.6% |
| Current assets | 29/58 | €47,713 | €32,146 | -€15,568 | -32.6% |
| Amounts receivable within one year | 40/41 | €10,294 | €553 | -€9,740 | -94.6% |
| Other amounts receivable | 41 | €10,294 | €553 | -€9,740 | -94.6% |
| Cash at bank and in hand | 54/58 | €37,161 | €30,452 | -€6,708 | -18.1% |
| Deferred charges and accrued income | 490/1 | €259 | €1,140 | +€881 | +340% |
| Total equity and liabilities | 10/49 | €47,713 | €32,146 | -€15,568 | -32.6% |
| Equity | 10/15 | -€8,213 | -€15,687 | -€7,474 | -91.0% |
| Contributions | 10/11 | €250,000 | €250,000 | = | 0.0% |
| Capital | 10 | €250,000 | €250,000 | = | 0.0% |
| Issued capital | 100 | €250,000 | €250,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€258,213 | -€265,687 | -€7,474 | -2.9% |
| Amounts payable | 17/49 | €55,926 | €47,833 | -€8,094 | -14.5% |
| Amounts payable after more than one year | 17 | €46,000 | €46,000 | = | 0.0% |
| Other amounts payable | 178/9 | €46,000 | €46,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €9,926 | €1,833 | -€8,094 | -81.5% |
| Trade debts | 44 | €9,926 | €1,833 | -€8,094 | -81.5% |
| Suppliers | 440/4 | €9,926 | €1,833 | -€8,094 | -81.5% |
| Non-recurring operating income | 76A | - | €1,331 | +€1,331 | |
| Other operating charges | 640/8 | €511 | €400 | -€112 | -21.8% |
| Gross operating margin | 9900 | -€48,966 | -€6,685 | +€42,281 | +86.3% |
| Operating profit (loss) | 9901 | -€49,478 | -€7,085 | +€42,393 | +85.7% |
| Financial income | 75/76B | €750 | €229 | -€521 | -69.5% |
| Recurring financial income | 75 | €750 | €229 | -€521 | -69.5% |
| Financial charges | 65/66B | €267 | €619 | +€351 | +131% |
| Recurring financial charges | 65 | €267 | €619 | +€351 | +131% |
| Profit (loss) for the period before taxes | 9903 | -€48,995 | -€7,474 | +€41,521 | +84.7% |
| Profit (loss) for the period | 9904 | -€48,995 | -€7,474 | +€41,521 | +84.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€48,995 | -€7,474 | +€41,521 | +84.7% |
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 14 October 2026 via checked.be.