Jse7en: 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.
Jse7en
Largest movements
- Current investments -€50,000
no longer reported in 2025 (was €50,000)
- Cash +€42,091
up €42,091 (+62.7%), from €67,134 to €109,226
mainly Net result for the year (+€85,380) and Current investments (+€50,000)
- Tangible fixed assets +€31,070
up €31,070 (+232%), from €13,421 to €44,491
of which Furniture and vehicles: +€27,747
- Receivables within one year -€16,458
down €16,458 (-43.8%), from €37,589 to €21,130
of which Trade receivables: -€11,621
- Tax, wage and social debts +€4,669
up €4,669 (+73.7%), from €6,337 to €11,006
of which Taxes: +€4,669
- Reserves +€3,955
up €3,955 (+2.5%), from €158,480 to €162,434
- Gross operating margin +€9,770
up €9,770 (+9.2%), from €106,156 to €115,926
- Financial income -€1,877
down €1,877 (-89.9%), from €2,087 to €211
- Depreciation +€1,763
up €1,763 (+56.6%), from €3,117 to €4,881
- Taxes +€1,217
up €1,217 (+5.2%), from €23,285 to €24,503
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 | €168,144 | €176,114 | +€7,970 | +4.7% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €13,421 | €44,491 | +€31,070 | +232% |
| Tangible fixed assets | 22/27 | €13,421 | €44,491 | +€31,070 | +232% |
| Land and buildings | 22 | €2,067 | €1,418 | -€649 | -31.4% |
| Plant, machinery and equipment | 23 | - | €3,972 | +€3,972 | |
| Furniture and vehicles | 24 | €11,353 | €39,101 | +€27,747 | +244% |
| Current assets | 29/58 | €154,723 | €131,623 | -€23,100 | -14.9% |
| Amounts receivable within one year | 40/41 | €37,589 | €21,130 | -€16,458 | -43.8% |
| Trade receivables | 40 | €31,037 | €19,416 | -€11,621 | -37.4% |
| Other amounts receivable | 41 | €6,552 | €1,715 | -€4,837 | -73.8% |
| Current investments | 50/53 | €50,000 | - | -€50,000 | |
| Cash at bank and in hand | 54/58 | €67,134 | €109,226 | +€42,091 | +62.7% |
| Deferred charges and accrued income | 490/1 | - | €1,267 | +€1,267 | |
| Total equity and liabilities | 10/49 | €168,144 | €176,114 | +€7,970 | +4.7% |
| Equity | 10/15 | €158,480 | €162,434 | +€3,955 | +2.5% |
| Reserves | 13 | €158,480 | €162,434 | +€3,955 | +2.5% |
| Distributable reserves | 133 | €158,480 | €162,434 | +€3,955 | +2.5% |
| Amounts payable | 17/49 | €9,664 | €13,680 | +€4,016 | +41.6% |
| Amounts payable within one year | 42/48 | €9,164 | €13,180 | +€4,016 | +43.8% |
| Trade debts | 44 | €2,779 | €2,103 | -€676 | -24.3% |
| Suppliers | 440/4 | €2,779 | €2,103 | -€676 | -24.3% |
| Taxes, remuneration and social security | 45 | €6,337 | €11,006 | +€4,669 | +73.7% |
| Taxes | 450/3 | €4,337 | €9,006 | +€4,669 | +108% |
| Remuneration and social security | 454/9 | €2,000 | €2,000 | = | 0.0% |
| Other amounts payable | 47/48 | €48 | €71 | +€22 | +46.2% |
| Accrued charges and deferred income | 492/3 | €500 | €500 | = | 0.0% |
| Non-recurring operating income | 76A | - | €7,764 | +€7,764 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,117 | €4,881 | +€1,763 | +56.6% |
| Other operating charges | 640/8 | €141 | €144 | +€4 | +2.6% |
| Gross operating margin | 9900 | €106,156 | €115,926 | +€9,770 | +9.2% |
| Operating profit (loss) | 9901 | €102,898 | €110,901 | +€8,003 | +7.8% |
| Financial income | 75/76B | €2,087 | €211 | -€1,877 | -89.9% |
| Recurring financial income | 75 | €2,087 | €211 | -€1,877 | -89.9% |
| Financial charges | 65/66B | €275 | €1,229 | +€954 | +347% |
| Recurring financial charges | 65 | €275 | €1,229 | +€954 | +347% |
| Profit (loss) for the period before taxes | 9903 | €104,710 | €109,882 | +€5,172 | +4.9% |
| Income taxes | 67/77 | €23,285 | €24,503 | +€1,217 | +5.2% |
| Profit (loss) for the period | 9904 | €81,425 | €85,380 | +€3,955 | +4.9% |
| Profit (loss) for the period to be appropriated | 9905 | €81,425 | €85,380 | +€3,955 | +4.9% |
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 20 October 2026 via checked.be.