7BEL: 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.
7BEL
Largest movements
- Cash +€58,100
up €58,100 (+345%), from €16,817 to €74,917
mainly Net result for the year (+€81,639) and Depreciation (+€39,246)
- Receivables within one year -€20,923
down €20,923 (-30.9%), from €67,618 to €46,695
of which Trade receivables: -€31,057
- Tangible fixed assets -€8,750
down €8,750 (-2.4%), from €366,173 to €357,423
of which Furniture and vehicles: -€11,015
- Profit (loss) carried forward +€81,639
up €81,639 (+128%), from €63,748 to €145,387
- Trade debts -€34,660
down €34,660 (-97.9%), from €35,400 to €740
- Debts after one year -€32,900
down €32,900 (-11.2%), from €292,475 to €259,574
- Tax, wage and social debts +€13,400
up €13,400 (+57.3%), from €23,387 to €36,787
- Depreciation -€19,052
down €19,052 (-32.7%), from €58,298 to €39,246
- Gross operating margin +€10,044
up €10,044 (+6.9%), from €144,527 to €154,571
- Taxes +€5,991
up €5,991 (+41.0%), from €14,601 to €20,592
- Financial charges +€4,724
up €4,724 (+66.3%), from €7,127 to €11,852
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 | €452,141 | €480,638 | +€28,498 | +6.3% |
| Fixed assets | 21/28 | €366,173 | €357,423 | -€8,750 | -2.4% |
| Tangible fixed assets | 22/27 | €366,173 | €357,423 | -€8,750 | -2.4% |
| Land and buildings | 22 | €229,928 | €220,234 | -€9,693 | -4.2% |
| Plant, machinery and equipment | 23 | €102,091 | €114,050 | +€11,959 | +11.7% |
| Furniture and vehicles | 24 | €34,154 | €23,139 | -€11,015 | -32.3% |
| Current assets | 29/58 | €85,968 | €123,215 | +€37,248 | +43.3% |
| Amounts receivable within one year | 40/41 | €67,618 | €46,695 | -€20,923 | -30.9% |
| Trade receivables | 40 | €57,873 | €26,816 | -€31,057 | -53.7% |
| Other amounts receivable | 41 | €9,745 | €19,880 | +€10,134 | +104% |
| Cash at bank and in hand | 54/58 | €16,817 | €74,917 | +€58,100 | +345% |
| Deferred charges and accrued income | 490/1 | €1,532 | €1,603 | +€71 | +4.6% |
| Total equity and liabilities | 10/49 | €452,141 | €480,638 | +€28,498 | +6.3% |
| Equity | 10/15 | €67,748 | €149,387 | +€81,639 | +121% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €63,748 | €145,387 | +€81,639 | +128% |
| Amounts payable | 17/49 | €384,392 | €331,251 | -€53,141 | -13.8% |
| Amounts payable after more than one year | 17 | €292,475 | €259,574 | -€32,900 | -11.2% |
| Financial debts | 170/4 | €292,475 | €259,574 | -€32,900 | -11.2% |
| Amounts payable within one year | 42/48 | €91,918 | €71,677 | -€20,241 | -22.0% |
| Current portion of amounts payable after more than one year | 42 | €33,131 | €34,150 | +€1,019 | +3.1% |
| Trade debts | 44 | €35,400 | €740 | -€34,660 | -97.9% |
| Suppliers | 440/4 | €35,400 | €740 | -€34,660 | -97.9% |
| Taxes, remuneration and social security | 45 | €23,387 | €36,787 | +€13,400 | +57.3% |
| Taxes | 450/3 | €23,387 | €36,787 | +€13,400 | +57.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €58,298 | €39,246 | -€19,052 | -32.7% |
| Other operating charges | 640/8 | €872 | €1,362 | +€490 | +56.2% |
| Gross operating margin | 9900 | €144,527 | €154,571 | +€10,044 | +6.9% |
| Operating profit (loss) | 9901 | €85,356 | €113,963 | +€28,606 | +33.5% |
| Financial income | 75/76B | €120 | €120 | -€1 | -0.7% |
| Recurring financial income | 75 | €120 | €120 | -€1 | -0.7% |
| Financial charges | 65/66B | €7,127 | €11,852 | +€4,724 | +66.3% |
| Recurring financial charges | 65 | €7,127 | €11,852 | +€4,724 | +66.3% |
| Profit (loss) for the period before taxes | 9903 | €78,350 | €102,231 | +€23,881 | +30.5% |
| Income taxes | 67/77 | €14,601 | €20,592 | +€5,991 | +41.0% |
| Profit (loss) for the period | 9904 | €63,748 | €81,639 | +€17,890 | +28.1% |
| Profit (loss) for the period to be appropriated | 9905 | €63,748 | €81,639 | +€17,890 | +28.1% |
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 14 October 2026 via checked.be.