S4C CONSULTING: 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.
S4C CONSULTING
Largest movements
- Cash +€125,384
up €125,384 (+67.8%), from €185,053 to €310,437
mainly Net result for the year (+€183,226) and Other debts (+€64,432)
- Receivables within one year +€23,493
up €23,493 (+136%), from €17,216 to €40,709
of which Trade receivables: +€19,603
- Tangible fixed assets +€12,892
up €12,892 (+207%), from €6,219 to €19,111
of which Other tangible fixed assets: +€14,565
- Other debts +€64,432
up €64,432 (+245%), from €26,261 to €90,693
- Profit (loss) carried forward +€51,476
up €51,476 (+40.4%), from €127,316 to €178,792
- Tax, wage and social debts +€42,478
up €42,478 (+94.9%), from €44,741 to €87,219
- Gross operating margin +€121,531
up €121,531 (+101%), from €120,796 to €242,328
- Taxes +€30,212
up €30,212 (+117%), from €25,844 to €56,056
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 | €209,596 | €370,677 | +€161,081 | +76.9% |
| Fixed assets | 21/28 | €6,219 | €19,111 | +€12,892 | +207% |
| Tangible fixed assets | 22/27 | €6,219 | €19,111 | +€12,892 | +207% |
| Plant, machinery and equipment | 23 | €5,170 | €3,497 | -€1,673 | -32.4% |
| Other tangible fixed assets | 26 | €1,050 | €15,614 | +€14,565 | +1,388% |
| Current assets | 29/58 | €203,377 | €351,567 | +€148,190 | +72.9% |
| Amounts receivable within one year | 40/41 | €17,216 | €40,709 | +€23,493 | +136% |
| Trade receivables | 40 | €17,216 | €36,819 | +€19,603 | +114% |
| Other amounts receivable | 41 | - | €3,890 | +€3,890 | |
| Cash at bank and in hand | 54/58 | €185,053 | €310,437 | +€125,384 | +67.8% |
| Deferred charges and accrued income | 490/1 | €1,108 | €421 | -€688 | -62.0% |
| Total equity and liabilities | 10/49 | €209,596 | €370,677 | +€161,081 | +76.9% |
| Equity | 10/15 | €137,316 | €188,792 | +€51,476 | +37.5% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €127,316 | €178,792 | +€51,476 | +40.4% |
| Amounts payable | 17/49 | €72,280 | €181,885 | +€109,605 | +152% |
| Amounts payable within one year | 42/48 | €72,280 | €181,885 | +€109,605 | +152% |
| Trade debts | 44 | €1,278 | €3,973 | +€2,695 | +211% |
| Suppliers | 440/4 | €1,278 | €3,973 | +€2,695 | +211% |
| Taxes, remuneration and social security | 45 | €44,741 | €87,219 | +€42,478 | +94.9% |
| Taxes | 450/3 | €44,741 | €87,219 | +€42,478 | +94.9% |
| Other amounts payable | 47/48 | €26,261 | €90,693 | +€64,432 | +245% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,038 | €1,996 | +€958 | +92.3% |
| Other operating charges | 640/8 | €98 | €501 | +€403 | +413% |
| Gross operating margin | 9900 | €120,796 | €242,328 | +€121,531 | +101% |
| Operating profit (loss) | 9901 | €119,661 | €239,831 | +€120,170 | +100% |
| Financial income | 75/76B | €1 | €245 | +€244 | +20,178% |
| Recurring financial income | 75 | €1 | €245 | +€244 | +20,178% |
| Financial charges | 65/66B | €74 | €794 | +€720 | +971% |
| Recurring financial charges | 65 | €74 | €794 | +€720 | +971% |
| Profit (loss) for the period before taxes | 9903 | €119,588 | €239,282 | +€119,694 | +100% |
| Income taxes | 67/77 | €25,844 | €56,056 | +€30,212 | +117% |
| Profit (loss) for the period | 9904 | €93,744 | €183,226 | +€89,483 | +95.5% |
| Profit (loss) for the period to be appropriated | 9905 | €93,744 | €183,226 | +€89,483 | +95.5% |
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 26 October 2026 via checked.be.