Translate 4U2: 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.
Translate 4U2
Largest movements
- Receivables within one year -€53,339
down €53,339 (-63.0%), from €84,712 to €31,373
of which Other amounts receivable: -€59,158
- Deferred charges and accrued income -€6,801
down €6,801 (-93.9%), from €7,241 to €440
- Tangible fixed assets -€3,567
down €3,567 (-21.0%), from €16,964 to €13,397
of which Other tangible fixed assets: -€1,807
- Cash -€2,315
down €2,315 (-93.5%), from €2,476 to €161
mainly Other debts (-€40,959) and Current portion of long-term debt (-€10,000)
- Other debts -€40,959
down €40,959 (-63.3%), from €64,710 to €23,751
- Current portion of long-term debt -€10,000
no longer reported in 2025 (was €10,000)
- Tax, wage and social debts -€7,723
down €7,723 (-80.8%), from €9,563 to €1,840
of which Remuneration and social security: -€7,981
- Short-term financial debts -€5,634
down €5,634 (-92.0%), from €6,125 to €491
- Trade debts -€2,099
down €2,099 (-21.3%), from €9,840 to €7,741
- Gross operating margin -€21,140
down €21,140 (-42.3%), from €49,933 to €28,793
- Staff costs -€14,413
down €14,413 (-37.7%), from €38,219 to €23,806
- Taxes -€2,091
down €2,091 (-93.9%), from €2,226 to €135
- Financial charges +€970
up €970 (+246%), from €395 to €1,365
- Other operating charges -€757
down €757 (-55.1%), from €1,375 to €618
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 | €112,066 | €45,628 | -€66,439 | -59.3% |
| Fixed assets | 21/28 | €17,637 | €13,654 | -€3,983 | -22.6% |
| Intangible fixed assets | 21 | €543 | €127 | -€416 | -76.7% |
| Tangible fixed assets | 22/27 | €16,964 | €13,397 | -€3,567 | -21.0% |
| Plant, machinery and equipment | 23 | €200 | €127 | -€73 | -36.4% |
| Furniture and vehicles | 24 | €3,504 | €1,816 | -€1,688 | -48.2% |
| Other tangible fixed assets | 26 | €13,260 | €11,453 | -€1,807 | -13.6% |
| Financial fixed assets | 28 | €131 | €131 | = | 0.0% |
| Current assets | 29/58 | €94,429 | €31,974 | -€62,455 | -66.1% |
| Amounts receivable within one year | 40/41 | €84,712 | €31,373 | -€53,339 | -63.0% |
| Trade receivables | 40 | €16,520 | €22,339 | +€5,819 | +35.2% |
| Other amounts receivable | 41 | €68,192 | €9,034 | -€59,158 | -86.8% |
| Cash at bank and in hand | 54/58 | €2,476 | €161 | -€2,315 | -93.5% |
| Deferred charges and accrued income | 490/1 | €7,241 | €440 | -€6,801 | -93.9% |
| Total equity and liabilities | 10/49 | €112,066 | €45,628 | -€66,439 | -59.3% |
| Equity | 10/15 | €10,250 | €9,136 | -€1,114 | -10.9% |
| Contributions | 10/11 | €10,250 | €10,250 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€1,114 | -€1,114 | |
| Amounts payable | 17/49 | €101,816 | €36,491 | -€65,325 | -64.2% |
| Amounts payable within one year | 42/48 | €100,238 | €33,823 | -€66,415 | -66.3% |
| Current portion of amounts payable after more than one year | 42 | €10,000 | - | -€10,000 | |
| Financial debts | 43 | €6,125 | €491 | -€5,634 | -92.0% |
| Credit institutions | 430/8 | €6,125 | €491 | -€5,634 | -92.0% |
| Trade debts | 44 | €9,840 | €7,741 | -€2,099 | -21.3% |
| Suppliers | 440/4 | €9,840 | €7,741 | -€2,099 | -21.3% |
| Taxes, remuneration and social security | 45 | €9,563 | €1,840 | -€7,723 | -80.8% |
| Taxes | 450/3 | €1,583 | €1,840 | +€258 | +16.3% |
| Remuneration and social security | 454/9 | €7,981 | - | -€7,981 | |
| Other amounts payable | 47/48 | €64,710 | €23,751 | -€40,959 | -63.3% |
| Accrued charges and deferred income | 492/3 | €1,578 | €2,668 | +€1,090 | +69.1% |
| Remuneration, social security and pensions | 62 | €38,219 | €23,806 | -€14,413 | -37.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,143 | €3,983 | -€160 | -3.9% |
| Other operating charges | 640/8 | €1,375 | €618 | -€757 | -55.1% |
| Gross operating margin | 9900 | €49,933 | €28,793 | -€21,140 | -42.3% |
| Operating profit (loss) | 9901 | €6,196 | €386 | -€5,810 | -93.8% |
| Financial income | 75/76B | €34 | - | -€34 | |
| Recurring financial income | 75 | €34 | - | -€34 | |
| Financial charges | 65/66B | €395 | €1,365 | +€970 | +246% |
| Recurring financial charges | 65 | €395 | €1,365 | +€970 | +246% |
| Profit (loss) for the period before taxes | 9903 | €5,835 | -€979 | -€6,814 | |
| Income taxes | 67/77 | €2,226 | €135 | -€2,091 | -93.9% |
| Profit (loss) for the period | 9904 | €3,609 | -€1,114 | -€4,723 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,609 | -€1,114 | -€4,723 |
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 13 October 2026 via checked.be.