ELEMENT7: what changed
Two fiscal 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.
ELEMENT7
Largest movements
- Cash -€15,008
down €15,008 (-11.3%), from €133,213 to €118,205
mainly Trade debts (-€18,461) and Receivables within one year (-€7,274)
- Receivables within one year +€7,274
up €7,274 (+5.2%), from €140,080 to €147,354
of which Trade receivables: +€3,709
- Trade debts -€18,461
down €18,461 (-14.9%), from €124,095 to €105,634
- Reserves +€7,598
up €7,598 (+5.5%), from €137,091 to €144,689
- Gross operating margin -€122,251
down €122,251 (-91.0%), from €134,316 to €12,065
- Staff costs -€52,486
down €52,486, from €52,369 to -€117
- Taxes -€22,751
down €22,751 (-84.4%), from €26,945 to €4,194
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 | €273,292 | €265,559 | -€7,734 | -2.8% |
| Current assets | 29/58 | €273,292 | €265,559 | -€7,734 | -2.8% |
| Amounts receivable within one year | 40/41 | €140,080 | €147,354 | +€7,274 | +5.2% |
| Trade receivables | 40 | €122,676 | €126,385 | +€3,709 | +3.0% |
| Other amounts receivable | 41 | €17,404 | €20,970 | +€3,566 | +20.5% |
| Cash at bank and in hand | 54/58 | €133,213 | €118,205 | -€15,008 | -11.3% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €273,292 | €265,559 | -€7,734 | -2.8% |
| Equity | 10/15 | €140,091 | €147,689 | +€7,598 | +5.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €137,091 | €144,689 | +€7,598 | +5.5% |
| Distributable reserves | 133 | €137,091 | €144,689 | +€7,598 | +5.5% |
| Amounts payable | 17/49 | €133,201 | €117,869 | -€15,332 | -11.5% |
| Amounts payable within one year | 42/48 | €133,201 | €117,869 | -€15,332 | -11.5% |
| Financial debts | 43 | €92 | €33 | -€59 | -64.2% |
| Credit institutions | 430/8 | €92 | €33 | -€59 | -64.2% |
| Trade debts | 44 | €124,095 | €105,634 | -€18,461 | -14.9% |
| Suppliers | 440/4 | €124,095 | €105,634 | -€18,461 | -14.9% |
| Taxes, remuneration and social security | 45 | €5,349 | €7,037 | +€1,688 | +31.6% |
| Taxes | 450/3 | €4,945 | €7,037 | +€2,092 | +42.3% |
| Remuneration and social security | 454/9 | €404 | €0 | -€404 | -100.0% |
| Other amounts payable | 47/48 | €3,666 | €5,166 | +€1,500 | +40.9% |
| Remuneration, social security and pensions | 62 | €52,369 | -€117 | -€52,486 | |
| Other operating charges | 640/8 | €691 | €324 | -€367 | -53.1% |
| Gross operating margin | 9900 | €134,316 | €12,065 | -€122,251 | -91.0% |
| Operating profit (loss) | 9901 | €81,256 | €11,858 | -€69,398 | -85.4% |
| Financial income | 75/76B | €0 | €2 | +€2 | |
| Recurring financial income | 75 | €0 | €2 | +€2 | |
| Financial charges | 65/66B | €777 | €68 | -€709 | -91.3% |
| Recurring financial charges | 65 | €777 | €68 | -€709 | -91.3% |
| Profit (loss) for the period before taxes | 9903 | €80,480 | €11,792 | -€68,687 | -85.3% |
| Income taxes | 67/77 | €26,945 | €4,194 | -€22,751 | -84.4% |
| Profit (loss) for the period | 9904 | €53,535 | €7,598 | -€45,936 | -85.8% |
| Profit (loss) for the period to be appropriated | 9905 | €53,535 | €7,598 | -€45,936 | -85.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.