7 7 ET MATCH: 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.
7 7 ET MATCH
Largest movements
- Tangible fixed assets -€17,697
down €17,697 (-33.7%), from €52,511 to €34,815
of which Furniture and vehicles: -€15,987
- Cash +€6,658
up €6,658 (+7,282%), from €91 to €6,749
mainly Depreciation (+€17,697) and Trade debts (+€4,193)
- Receivables within one year +€3,658
up €3,658 (+8.3%), from €44,056 to €47,714
of which Trade receivables: +€2,854
- Debts after one year -€6,205
down €6,205 (-47.0%), from €13,199 to €6,994
- Profit (loss) carried forward -€5,686
down €5,686 (-12.5%), from -€45,643 to -€51,329
- Trade debts +€4,193
up €4,193 (+47.5%), from €8,827 to €13,020
- Taxes -€17,651
down €17,651 (-99.6%), from €17,722 to €71
- Gross operating margin +€13,854
up €13,854, from -€1,299 to €12,555
- Financial charges -€7,358
down €7,358 (-90.0%), from €8,178 to €819
- Staff costs +€1,409
no longer reported in 2025 (was -€1,409)
- Other operating charges -€1,368
down €1,368 (-45.2%), from €3,029 to €1,661
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 | €98,146 | €90,269 | -€7,876 | -8.0% |
| Fixed assets | 21/28 | €52,511 | €34,815 | -€17,697 | -33.7% |
| Tangible fixed assets | 22/27 | €52,511 | €34,815 | -€17,697 | -33.7% |
| Plant, machinery and equipment | 23 | €2,973 | €1,264 | -€1,709 | -57.5% |
| Furniture and vehicles | 24 | €49,538 | €33,551 | -€15,987 | -32.3% |
| Current assets | 29/58 | €45,634 | €55,454 | +€9,820 | +21.5% |
| Amounts receivable within one year | 40/41 | €44,056 | €47,714 | +€3,658 | +8.3% |
| Trade receivables | 40 | €7,407 | €10,261 | +€2,854 | +38.5% |
| Other amounts receivable | 41 | €36,649 | €37,453 | +€804 | +2.2% |
| Cash at bank and in hand | 54/58 | €91 | €6,749 | +€6,658 | +7,282% |
| Deferred charges and accrued income | 490/1 | €1,487 | €991 | -€496 | -33.3% |
| Total equity and liabilities | 10/49 | €98,146 | €90,269 | -€7,876 | -8.0% |
| Equity | 10/15 | €23,858 | €18,172 | -€5,686 | -23.8% |
| Contributions | 10/11 | €7,200 | €7,200 | = | 0.0% |
| Reserves | 13 | €62,301 | €62,301 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €60,441 | €60,441 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€45,643 | -€51,329 | -€5,686 | -12.5% |
| Amounts payable | 17/49 | €74,287 | €72,097 | -€2,190 | -2.9% |
| Amounts payable after more than one year | 17 | €13,199 | €6,994 | -€6,205 | -47.0% |
| Financial debts | 170/4 | €13,199 | €6,994 | -€6,205 | -47.0% |
| Amounts payable within one year | 42/48 | €61,088 | €65,103 | +€4,014 | +6.6% |
| Current portion of amounts payable after more than one year | 42 | €5,972 | €6,205 | +€232 | +3.9% |
| Trade debts | 44 | €8,827 | €13,020 | +€4,193 | +47.5% |
| Suppliers | 440/4 | €8,827 | €13,020 | +€4,193 | +47.5% |
| Taxes, remuneration and social security | 45 | €1,007 | €596 | -€411 | -40.9% |
| Taxes | 450/3 | €1,007 | €596 | -€411 | -40.9% |
| Other amounts payable | 47/48 | €45,282 | €45,282 | = | 0.0% |
| Remuneration, social security and pensions | 62 | -€1,409 | - | +€1,409 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,767 | €17,697 | -€70 | -0.4% |
| Other operating charges | 640/8 | €3,029 | €1,661 | -€1,368 | -45.2% |
| Gross operating margin | 9900 | -€1,299 | €12,555 | +€13,854 | |
| Operating profit (loss) | 9901 | -€20,686 | -€6,803 | +€13,883 | +67.1% |
| Financial income | 75/76B | €2,278 | €2,008 | -€270 | -11.9% |
| Recurring financial income | 75 | €2,278 | €2,008 | -€270 | -11.9% |
| Financial charges | 65/66B | €8,178 | €819 | -€7,358 | -90.0% |
| Recurring financial charges | 65 | €8,178 | €819 | -€7,358 | -90.0% |
| Profit (loss) for the period before taxes | 9903 | -€26,586 | -€5,615 | +€20,971 | +78.9% |
| Income taxes | 67/77 | €17,722 | €71 | -€17,651 | -99.6% |
| Profit (loss) for the period | 9904 | -€44,308 | -€5,686 | +€38,622 | +87.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€44,308 | -€5,686 | +€38,622 | +87.2% |
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.