7AVHR: 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.
7AVHR
Largest movements
- Receivables within one year +€104,955
up €104,955 (+1333.0%), from €7,873 to €112,828
of which Trade receivables: +€112,783
- Cash -€3,683
down €3,683 (-3.1%), from €117,645 to €113,963
mainly Receivables within one year (-€104,955) and Investment in fixed assets (net) (-€6,902)
- Tangible fixed assets +€3,122
up €3,122 (+7.7%), from €40,380 to €43,503
of which Furniture and vehicles: +€5,532
- Reserves +€49,637
up €49,637 (+2669.8%), from €1,859 to €51,496
of which Distributable reserves: +€49,637
- Trade debts +€32,723
up €32,723 (+575.6%), from €5,685 to €38,408
- Tax, wage and social debts +€21,073
up €21,073 (+282.7%), from €7,456 to €28,529
of which Taxes: +€21,073
- Staff costs +€20,759
up €20,759 (+514.3%), from €4,037 to €24,796
- Taxes +€14,012
up €14,012 (+228.7%), from €6,127 to €20,139
- Gross operating margin -€3,833
down €3,833 (-3.7%), from €102,535 to €98,702
- Depreciation +€2,390
up €2,390 (+172.1%), from €1,389 to €3,780
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.
Cash bridge derived
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 | €171,455 | €275,218 | +€103,764 | +60.5% |
| Fixed assets | 21/28 | €40,380 | €43,503 | +€3,122 | +7.7% |
| Tangible fixed assets | 22/27 | €40,380 | €43,503 | +€3,122 | +7.7% |
| Land and buildings | 22 | €25,062 | €25,062 | = | 0.0% |
| Plant, machinery and equipment | 23 | €11,609 | €9,199 | -€2,410 | -20.8% |
| Furniture and vehicles | 24 | €3,709 | €9,242 | +€5,532 | +149.1% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €131,075 | €231,716 | +€100,641 | +76.8% |
| Amounts receivable within one year | 40/41 | €7,873 | €112,828 | +€104,955 | +1333.0% |
| Trade receivables | 40 | €0 | €112,783 | +€112,783 | |
| Other amounts receivable | 41 | €7,873 | €45 | -€7,828 | -99.4% |
| Cash at bank and in hand | 54/58 | €117,645 | €113,963 | -€3,683 | -3.1% |
| Deferred charges and accrued income | 490/1 | €5,556 | €4,925 | -€631 | -11.4% |
| Total equity and liabilities | 10/49 | €171,455 | €275,218 | +€103,764 | +60.5% |
| Equity | 10/15 | €156,865 | €206,502 | +€49,637 | +31.6% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €51,496 | +€49,637 | +2669.8% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | - | €49,637 | +€49,637 | |
| Profit (loss) carried forward | 14 | €136,414 | €136,414 | = | 0.0% |
| Amounts payable | 17/49 | €14,590 | €68,717 | +€54,127 | +371.0% |
| Amounts payable within one year | 42/48 | €14,149 | €67,946 | +€53,796 | +380.2% |
| Trade debts | 44 | €5,685 | €38,408 | +€32,723 | +575.6% |
| Suppliers | 440/4 | €5,685 | €38,408 | +€32,723 | +575.6% |
| Taxes, remuneration and social security | 45 | €7,456 | €28,529 | +€21,073 | +282.7% |
| Taxes | 450/3 | €7,456 | €28,529 | +€21,073 | +282.7% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €1,009 | €1,009 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €440 | €771 | +€331 | +75.1% |
| Turnover | 70 | €0 | - | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €4,037 | €24,796 | +€20,759 | +514.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,389 | €3,780 | +€2,390 | +172.1% |
| Non-recurring operating charges | 66A | - | €220 | +€220 | |
| Gross operating margin | 9900 | €102,535 | €98,702 | -€3,833 | -3.7% |
| Operating profit (loss) | 9901 | €97,109 | €69,907 | -€27,202 | -28.0% |
| Financial income | 75/76B | €253 | €172 | -€80 | -31.8% |
| Recurring financial income | 75 | €253 | €172 | -€80 | -31.8% |
| Financial charges | 65/66B | €332 | €304 | -€28 | -8.3% |
| Recurring financial charges | 65 | €332 | €304 | -€28 | -8.3% |
| Profit (loss) for the period before taxes | 9903 | €97,030 | €69,775 | -€27,255 | -28.1% |
| Income taxes | 67/77 | €6,127 | €20,139 | +€14,012 | +228.7% |
| Profit (loss) for the period | 9904 | €90,904 | €49,637 | -€41,267 | -45.4% |
| Profit (loss) for the period to be appropriated | 9905 | €90,904 | €49,637 | -€41,267 | -45.4% |
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 9 October 2026 via checked.be.