One Seven: 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.
One Seven
Largest movements
- Stocks and contracts +€960,431
up €960,431 (+79.9%), from €1.2m to €2.2m
- Cash +€44,980
up €44,980 (+2078.0%), from €2,165 to €47,144
mainly Short-term financial debts (+€1.1m) and Accrued charges and deferred income (+€30,823)
- Short-term financial debts +€1.1m
new in 2025: €1.1m
- Debts after one year -€81,000
down €81,000 (-11.9%), from €680,750 to €599,750
of which Financial debts: -€81,000
- Trade debts -€45,865
down €45,865 (-70.1%), from €65,413 to €19,548
- Accrued charges and deferred income +€30,823
new in 2025: €30,823
- Financial charges -€2,431
down €2,431 (-84.3%), from €2,884 to €452
- Depreciation -€966
no longer reported in 2025 (was €966)
- Gross operating margin -€302
down €302 (-25.4%), from -€1,186 to -€1,488
- Other operating charges -€153
down €153 (-27.6%), from €552 to €400
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 | €1,209,024 | €2,210,642 | +€1.0m | +82.8% |
| Current assets | 29/58 | €1,209,024 | €2,210,642 | +€1.0m | +82.8% |
| Stocks and contracts in progress | 3 | €1,202,790 | €2,163,221 | +€960,431 | +79.9% |
| Stocks | 30/36 | €1,202,790 | €2,163,221 | +€960,431 | +79.9% |
| Amounts receivable within one year | 40/41 | €4,069 | €276 | -€3,793 | -93.2% |
| Other amounts receivable | 41 | €4,069 | €276 | -€3,793 | -93.2% |
| Cash at bank and in hand | 54/58 | €2,165 | €47,144 | +€44,980 | +2078.0% |
| Total equity and liabilities | 10/49 | €1,209,024 | €2,210,642 | +€1.0m | +82.8% |
| Equity | 10/15 | €2,663 | €323 | -€2,340 | -87.9% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Outside capital | 11 | €10,000 | - | -€10,000 | |
| Other | 1109/19 | €10,000 | - | -€10,000 | |
| Profit (loss) carried forward | 14 | -€7,337 | -€9,677 | -€2,340 | -31.9% |
| Amounts payable | 17/49 | €1,206,360 | €2,210,318 | +€1.0m | +83.2% |
| Amounts payable after more than one year | 17 | €680,750 | €599,750 | -€81,000 | -11.9% |
| Financial debts | 170/4 | €381,000 | €300,000 | -€81,000 | -21.3% |
| Other amounts payable | 178/9 | €299,750 | €299,750 | = | 0.0% |
| Amounts payable within one year | 42/48 | €525,610 | €1,579,745 | +€1.1m | +200.6% |
| Financial debts | 43 | - | €1,100,000 | +€1.1m | |
| Credit institutions | 430/8 | - | €1,100,000 | +€1.1m | |
| Trade debts | 44 | €65,413 | €19,548 | -€45,865 | -70.1% |
| Suppliers | 440/4 | €65,413 | €19,548 | -€45,865 | -70.1% |
| Other amounts payable | 47/48 | €460,197 | €460,197 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €30,823 | +€30,823 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €966 | - | -€966 | |
| Other operating charges | 640/8 | €552 | €400 | -€153 | -27.6% |
| Gross operating margin | 9900 | -€1,186 | -€1,488 | -€302 | -25.4% |
| Operating profit (loss) | 9901 | -€2,705 | -€1,888 | +€817 | +30.2% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €2,884 | €452 | -€2,431 | -84.3% |
| Recurring financial charges | 65 | €2,884 | €452 | -€2,431 | -84.3% |
| Profit (loss) for the period before taxes | 9903 | -€5,588 | -€2,340 | +€3,248 | +58.1% |
| Profit (loss) for the period | 9904 | -€5,588 | -€2,340 | +€3,248 | +58.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,588 | -€2,340 | +€3,248 | +58.1% |
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 4 October 2026 via checked.be.