7X: 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.
7X
Largest movements
- Financial fixed assets +€1.3m
up €1.3m (+7.9%), from €17.0m to €18.3m
- Cash -€1.3m
down €1.3m (-100.0%), from €1.3m to €413
mainly Investment in fixed assets (net) (-€1.3m)
No liability line moved by more than 1% of the balance sheet total.
- Financial income -€16,505
down €16,505 (-11.1%), from €148,510 to €132,005
- Gross operating margin +€12,046
up €12,046 (+68.4%), from -€17,620 to -€5,574
- Other operating charges -€1,837
down €1,837 (-64.8%), from €2,835 to €998
- Taxes -€999
down €999 (-3.1%), from €32,299 to €31,300
- Financial charges -€503
down €503 (-69.0%), from €728 to €225
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 | €18,251,191 | €18,343,161 | +€91,970 | +0.5% |
| Fixed assets | 21/28 | €16,995,187 | €18,342,748 | +€1.3m | +7.9% |
| Financial fixed assets | 28 | €16,995,187 | €18,342,748 | +€1.3m | +7.9% |
| Current assets | 29/58 | €1,256,005 | €413 | -€1.3m | -100.0% |
| Amounts receivable within one year | 40/41 | €2,295 | - | -€2,295 | |
| Other amounts receivable | 41 | €2,295 | - | -€2,295 | |
| Cash at bank and in hand | 54/58 | €1,253,710 | €413 | -€1.3m | -100.0% |
| Total equity and liabilities | 10/49 | €18,251,191 | €18,343,161 | +€91,970 | +0.5% |
| Equity | 10/15 | €18,224,235 | €18,318,143 | +€93,908 | +0.5% |
| Contributions | 10/11 | €4,430,000 | €4,430,000 | = | 0.0% |
| Reserves | 13 | €396,524 | €396,524 | = | 0.0% |
| Non-distributable reserves | 130/1 | €396,524 | €396,524 | = | 0.0% |
| Reserves not available under the articles | 1311 | €396,524 | €396,524 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,397,711 | €13,491,618 | +€93,908 | +0.7% |
| Amounts payable | 17/49 | €26,957 | €25,019 | -€1,938 | -7.2% |
| Amounts payable after more than one year | 17 | €17,932 | €17,932 | = | 0.0% |
| Financial debts | 170/4 | €17,932 | €17,932 | = | 0.0% |
| Amounts payable within one year | 42/48 | €9,025 | €7,087 | -€1,938 | -21.5% |
| Trade debts | 44 | €3,630 | €787 | -€2,844 | -78.3% |
| Suppliers | 440/4 | €3,630 | €787 | -€2,844 | -78.3% |
| Taxes, remuneration and social security | 45 | €5,395 | €6,300 | +€905 | +16.8% |
| Taxes | 450/3 | €5,395 | €6,300 | +€905 | +16.8% |
| Other operating charges | 640/8 | €2,835 | €998 | -€1,837 | -64.8% |
| Gross operating margin | 9900 | -€17,620 | -€5,574 | +€12,046 | +68.4% |
| Operating profit (loss) | 9901 | -€20,456 | -€6,572 | +€13,883 | +67.9% |
| Financial income | 75/76B | €148,510 | €132,005 | -€16,505 | -11.1% |
| Recurring financial income | 75 | €148,510 | €132,005 | -€16,505 | -11.1% |
| Financial charges | 65/66B | €728 | €225 | -€503 | -69.0% |
| Recurring financial charges | 65 | €728 | €225 | -€503 | -69.0% |
| Profit (loss) for the period before taxes | 9903 | €127,326 | €125,207 | -€2,119 | -1.7% |
| Income taxes | 67/77 | €32,299 | €31,300 | -€999 | -3.1% |
| Profit (loss) for the period | 9904 | €95,027 | €93,908 | -€1,120 | -1.2% |
| Profit (loss) for the period to be appropriated | 9905 | €95,027 | €93,908 | -€1,120 | -1.2% |
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 18 October 2026 via checked.be.