mean7: 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.
mean7
Largest movements
- Stocks and contracts -€18,695
down €18,695 (-16.1%), from €115,978 to €97,283
- Receivables within one year -€4,148
down €4,148 (-49.0%), from €8,457 to €4,309
of which Trade receivables: -€4,092
- Reserves -€13,839
down €13,839 (-14.3%), from €96,508 to €82,669
of which Distributable reserves: -€13,839
- Trade debts -€7,569
down €7,569 (-40.4%), from €18,714 to €11,145
- Other debts -€2,561
down €2,561 (-4.5%), from €57,001 to €54,440
- Gross operating margin +€3,206
up €3,206 (+24.7%), from -€12,975 to -€9,769
- Financial charges +€411
up €411 (+40.9%), from €1,006 to €1,417
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 | €197,610 | €173,983 | -€23,627 | -12.0% |
| Fixed assets | 21/28 | €8,799 | €8,741 | -€57 | -0.7% |
| Tangible fixed assets | 22/27 | €8,406 | €8,349 | -€57 | -0.7% |
| Land and buildings | 22 | €8,406 | €8,349 | -€57 | -0.7% |
| Financial fixed assets | 28 | €393 | €393 | = | 0.0% |
| Current assets | 29/58 | €188,811 | €165,242 | -€23,570 | -12.5% |
| Stocks and contracts in progress | 3 | €115,978 | €97,283 | -€18,695 | -16.1% |
| Stocks | 30/36 | €115,978 | €97,283 | -€18,695 | -16.1% |
| Amounts receivable within one year | 40/41 | €8,457 | €4,309 | -€4,148 | -49.0% |
| Trade receivables | 40 | €8,174 | €4,083 | -€4,092 | -50.1% |
| Other amounts receivable | 41 | €282 | €226 | -€56 | -20.0% |
| Current investments | 50/53 | €15,409 | €15,409 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €48,525 | €48,241 | -€284 | -0.6% |
| Deferred charges and accrued income | 490/1 | €442 | €0 | -€442 | -100.0% |
| Total equity and liabilities | 10/49 | €197,610 | €173,983 | -€23,627 | -12.0% |
| Equity | 10/15 | €121,298 | €107,459 | -€13,839 | -11.4% |
| Contributions | 10/11 | €24,789 | €24,789 | = | 0.0% |
| Reserves | 13 | €96,508 | €82,669 | -€13,839 | -14.3% |
| Non-distributable reserves | 130/1 | €2,479 | €2,479 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,479 | €2,479 | = | 0.0% |
| Tax-exempt reserves | 132 | €6,256 | €6,256 | = | 0.0% |
| Distributable reserves | 133 | €87,773 | €73,934 | -€13,839 | -15.8% |
| Amounts payable | 17/49 | €76,313 | €66,525 | -€9,788 | -12.8% |
| Amounts payable within one year | 42/48 | €76,180 | €66,525 | -€9,655 | -12.7% |
| Trade debts | 44 | €18,714 | €11,145 | -€7,569 | -40.4% |
| Suppliers | 440/4 | €18,714 | €11,145 | -€7,569 | -40.4% |
| Taxes, remuneration and social security | 45 | €464 | €940 | +€475 | +102.4% |
| Taxes | 450/3 | €464 | €940 | +€475 | +102.4% |
| Other amounts payable | 47/48 | €57,001 | €54,440 | -€2,561 | -4.5% |
| Accrued charges and deferred income | 492/3 | €133 | €0 | -€133 | -100.0% |
| Non-recurring operating income | 76A | - | €724 | +€724 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €57 | €57 | = | 0.0% |
| Other operating charges | 640/8 | €2,684 | €2,798 | +€114 | +4.2% |
| Non-recurring operating charges | 66A | - | €187 | +€187 | |
| Gross operating margin | 9900 | -€12,975 | -€9,769 | +€3,206 | +24.7% |
| Operating profit (loss) | 9901 | -€15,717 | -€12,811 | +€2,906 | +18.5% |
| Financial income | 75/76B | €404 | €388 | -€16 | -3.9% |
| Recurring financial income | 75 | €404 | €388 | -€16 | -3.9% |
| Financial charges | 65/66B | €1,006 | €1,417 | +€411 | +40.9% |
| Recurring financial charges | 65 | €1,006 | €1,417 | +€411 | +40.9% |
| Profit (loss) for the period before taxes | 9903 | -€16,318 | -€13,839 | +€2,479 | +15.2% |
| Profit (loss) for the period | 9904 | -€16,318 | -€13,839 | +€2,479 | +15.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€16,318 | -€13,839 | +€2,479 | +15.2% |
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 6 October 2026 via checked.be.