Les 7 Meuses: 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.
Les 7 Meuses
Largest movements
- Receivables within one year +€781,483
up €781,483 (+111%), from €706,990 to €1.5m
of which Other amounts receivable: +€457,892
- Cash -€607,001
down €607,001 (-33.1%), from €1.8m to €1.2m
mainly Receivables within one year (-€781,483) and Stocks and contracts (-€442,722)
- Stocks and contracts +€442,722
up €442,722 (+156%), from €283,233 to €725,954
- Tangible fixed assets -€66,916
down €66,916 (-4.0%), from €1.7m to €1.6m
of which Land and buildings: -€88,459
- Profit (loss) carried forward +€748,923
up €748,923 (+30.2%), from €2.5m to €3.2m
- Debts after one year -€193,937
down €193,937 (-19.9%), from €974,878 to €780,941
- Current portion of long-term debt +€128,652
up €128,652 (+56.1%), from €229,137 to €357,788
- Other debts -€89,722
down €89,722 (-89.5%), from €100,286 to €10,564
- Tax, wage and social debts -€57,531
down €57,531 (-14.4%), from €399,400 to €341,869
of which Taxes: -€92,413
- Gross operating margin +€458,885
up €458,885 (+26.0%), from €1.8m to €2.2m
- Staff costs +€125,477
up €125,477 (+14.3%), from €875,259 to €1.0m
- Taxes +€105,755
up €105,755 (+89.2%), from €118,589 to €224,344
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 | €4,520,188 | €5,075,489 | +€555,301 | +12.3% |
| Fixed assets | 21/28 | €1,672,698 | €1,605,782 | -€66,916 | -4.0% |
| Tangible fixed assets | 22/27 | €1,672,568 | €1,605,652 | -€66,916 | -4.0% |
| Land and buildings | 22 | €1,532,759 | €1,444,300 | -€88,459 | -5.8% |
| Plant, machinery and equipment | 23 | €112,783 | €126,051 | +€13,268 | +11.8% |
| Furniture and vehicles | 24 | €10,433 | €17,486 | +€7,053 | +67.6% |
| Other tangible fixed assets | 26 | €16,593 | €17,815 | +€1,222 | +7.4% |
| Financial fixed assets | 28 | €130 | €130 | = | 0.0% |
| Current assets | 29/58 | €2,847,490 | €3,469,707 | +€622,217 | +21.9% |
| Stocks and contracts in progress | 3 | €283,233 | €725,954 | +€442,722 | +156% |
| Stocks | 30/36 | €283,233 | €725,954 | +€442,722 | +156% |
| Amounts receivable within one year | 40/41 | €706,990 | €1,488,474 | +€781,483 | +111% |
| Trade receivables | 40 | €111,067 | €434,658 | +€323,591 | +291% |
| Other amounts receivable | 41 | €595,923 | €1,053,816 | +€457,892 | +76.8% |
| Cash at bank and in hand | 54/58 | €1,832,982 | €1,225,982 | -€607,001 | -33.1% |
| Deferred charges and accrued income | 490/1 | €24,285 | €29,297 | +€5,013 | +20.6% |
| Total equity and liabilities | 10/49 | €4,520,188 | €5,075,489 | +€555,301 | +12.3% |
| Equity | 10/15 | €2,605,456 | €3,354,379 | +€748,923 | +28.7% |
| Contributions | 10/11 | €60,000 | €60,000 | = | 0.0% |
| Reserves | 13 | €67,500 | €67,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,000 | €6,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,000 | €6,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €61,500 | €61,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,477,956 | €3,226,879 | +€748,923 | +30.2% |
| Amounts payable | 17/49 | €1,914,732 | €1,721,110 | -€193,622 | -10.1% |
| Amounts payable after more than one year | 17 | €974,878 | €780,941 | -€193,937 | -19.9% |
| Financial debts | 170/4 | €974,878 | €780,941 | -€193,937 | -19.9% |
| Amounts payable within one year | 42/48 | €938,898 | €939,213 | +€315 | 0.0% |
| Current portion of amounts payable after more than one year | 42 | €229,137 | €357,788 | +€128,652 | +56.1% |
| Trade debts | 44 | €210,075 | €228,992 | +€18,916 | +9.0% |
| Suppliers | 440/4 | €210,075 | €228,992 | +€18,916 | +9.0% |
| Taxes, remuneration and social security | 45 | €399,400 | €341,869 | -€57,531 | -14.4% |
| Taxes | 450/3 | €383,730 | €291,317 | -€92,413 | -24.1% |
| Remuneration and social security | 454/9 | €15,670 | €50,553 | +€34,882 | +223% |
| Other amounts payable | 47/48 | €100,286 | €10,564 | -€89,722 | -89.5% |
| Accrued charges and deferred income | 492/3 | €956 | €956 | = | 0.0% |
| Non-recurring operating income | 76A | - | €7,799 | +€7,799 | |
| Remuneration, social security and pensions | 62 | €875,259 | €1,000,736 | +€125,477 | +14.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €141,133 | €148,469 | +€7,336 | +5.2% |
| Other operating charges | 640/8 | €26,115 | €19,735 | -€6,379 | -24.4% |
| Non-recurring operating charges | 66A | €103,091 | - | -€103,091 | |
| Gross operating margin | 9900 | €1,762,131 | €2,221,016 | +€458,885 | +26.0% |
| Operating profit (loss) | 9901 | €616,532 | €1,052,075 | +€435,543 | +70.6% |
| Financial income | 75/76B | €188 | €287 | +€99 | +52.6% |
| Recurring financial income | 75 | €188 | €287 | +€99 | +52.6% |
| Financial charges | 65/66B | €74,711 | €79,095 | +€4,384 | +5.9% |
| Recurring financial charges | 65 | €74,711 | €79,095 | +€4,384 | +5.9% |
| Profit (loss) for the period before taxes | 9903 | €542,009 | €973,267 | +€431,258 | +79.6% |
| Income taxes | 67/77 | €118,589 | €224,344 | +€105,755 | +89.2% |
| Profit (loss) for the period | 9904 | €423,420 | €748,923 | +€325,503 | +76.9% |
| Profit (loss) for the period to be appropriated | 9905 | €423,420 | €748,923 | +€325,503 | +76.9% |
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 31 October 2026 via checked.be.