7 Seas Trading: 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 Seas Trading
Largest movements
- Deferred charges and accrued income -€200,000
no longer reported in 2025 (was €200,000)
- Receivables within one year +€17,911
up €17,911 (+8.6%), from €207,183 to €225,094
of which Trade receivables: +€23,295
- Cash +€11,514
up €11,514 (+97.3%), from €11,837 to €23,351
mainly Deferred charges and accrued income (+€200,000) and Depreciation (+€888)
- Accrued charges and deferred income -€120,000
no longer reported in 2025 (was €120,000)
- Profit (loss) carried forward -€28,881
down €28,881 (-64.0%), from -€45,150 to -€74,032
- Advances received -€18,659
down €18,659 (-5.6%), from €331,714 to €313,055
- Purchases and services -€23,689
no longer reported in 2025 (was €23,689)
- Gross operating margin -€3,760
down €3,760 (-15.9%), from -€23,689 to -€27,449
- Other operating charges -€2,643
down €2,643 (-85.4%), from €3,096 to €453
- Financial income +€440
new in 2025: €440
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 | €420,100 | €248,637 | -€171,463 | -40.8% |
| Fixed assets | 21/28 | €1,080 | €192 | -€888 | -82.2% |
| Tangible fixed assets | 22/27 | €1,080 | €192 | -€888 | -82.2% |
| Furniture and vehicles | 24 | €1,080 | €192 | -€888 | -82.2% |
| Current assets | 29/58 | €419,020 | €248,445 | -€170,575 | -40.7% |
| Amounts receivable within one year | 40/41 | €207,183 | €225,094 | +€17,911 | +8.6% |
| Trade receivables | 40 | €175,510 | €198,805 | +€23,295 | +13.3% |
| Other amounts receivable | 41 | €31,673 | €26,289 | -€5,384 | -17.0% |
| Cash at bank and in hand | 54/58 | €11,837 | €23,351 | +€11,514 | +97.3% |
| Deferred charges and accrued income | 490/1 | €200,000 | - | -€200,000 | |
| Total equity and liabilities | 10/49 | €420,100 | €248,637 | -€171,463 | -40.8% |
| Equity | 10/15 | -€43,150 | -€72,032 | -€28,881 | -66.9% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Contributions outside capital | 11 | €2,000 | €2,000 | = | 0.0% |
| Other | 1109/19 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€45,150 | -€74,032 | -€28,881 | -64.0% |
| Amounts payable | 17/49 | €463,250 | €320,668 | -€142,582 | -30.8% |
| Amounts payable within one year | 42/48 | €343,250 | €320,668 | -€22,582 | -6.6% |
| Trade debts | 44 | €6,858 | €2,935 | -€3,923 | -57.2% |
| Suppliers | 440/4 | €6,858 | €2,935 | -€3,923 | -57.2% |
| Advances received on contracts in progress | 46 | €331,714 | €313,055 | -€18,659 | -5.6% |
| Other amounts payable | 47/48 | €4,678 | €4,678 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €120,000 | - | -€120,000 | |
| Goods, raw materials, services and sundry goods | 60/61 | €23,689 | - | -€23,689 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €888 | €888 | = | 0.0% |
| Other operating charges | 640/8 | €3,096 | €453 | -€2,643 | -85.4% |
| Gross operating margin | 9900 | -€23,689 | -€27,449 | -€3,760 | -15.9% |
| Operating profit (loss) | 9901 | -€27,673 | -€28,790 | -€1,117 | -4.0% |
| Financial income | 75/76B | - | €440 | +€440 | |
| Recurring financial income | 75 | - | €440 | +€440 | |
| Financial charges | 65/66B | €628 | €531 | -€97 | -15.5% |
| Recurring financial charges | 65 | €628 | €531 | -€97 | -15.5% |
| Profit (loss) for the period before taxes | 9903 | -€28,301 | -€28,881 | -€580 | -2.1% |
| Profit (loss) for the period | 9904 | -€28,301 | -€28,881 | -€580 | -2.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€28,301 | -€28,881 | -€580 | -2.1% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.