Red 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.
Red Seven
Largest movements
- Receivables within one year +€19,527
up €19,527 (+2348.3%), from €832 to €20,359
- Tangible fixed assets -€2,181
down €2,181 (-47.5%), from €4,594 to €2,414
of which Furniture and vehicles: -€2,145
- Cash +€900
up €900 (+57.4%), from €1,569 to €2,469
mainly Net result for the year (+€13,432) and Other debts (+€7,889)
- Stocks and contracts +€694
up €694 (+8.5%), from €8,127 to €8,821
- Profit (loss) carried forward +€13,432
up €13,432 (+41.2%), from -€32,598 to -€19,166
- Other debts +€7,889
up €7,889 (+61.1%), from €12,908 to €20,797
- Tax, wage and social debts -€7,439
down €7,439 (-32.0%), from €23,212 to €15,773
of which Taxes: -€8,524
- Trade debts +€5,016
up €5,016 (+87.4%), from €5,742 to €10,759
- Gross operating margin -€5,603
down €5,603 (-9.2%), from €61,078 to €55,476
- Staff costs +€1,485
up €1,485 (+3.9%), from €37,643 to €39,129
- Other operating charges -€1,240
down €1,240 (-59.6%), from €2,081 to €841
- Financial charges -€651
down €651 (-60.7%), from €1,073 to €422
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 | €15,464 | €34,529 | +€19,065 | +123.3% |
| Fixed assets | 21/28 | €4,844 | €2,664 | -€2,181 | -45.0% |
| Tangible fixed assets | 22/27 | €4,594 | €2,414 | -€2,181 | -47.5% |
| Furniture and vehicles | 24 | €4,559 | €2,414 | -€2,145 | -47.1% |
| Other tangible fixed assets | 26 | €35 | €0 | -€35 | -100.0% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €10,620 | €31,865 | +€21,246 | +200.1% |
| Stocks and contracts in progress | 3 | €8,127 | €8,821 | +€694 | +8.5% |
| Stocks | 30/36 | €8,127 | €8,821 | +€694 | +8.5% |
| Amounts receivable within one year | 40/41 | €832 | €20,359 | +€19,527 | +2348.3% |
| Other amounts receivable | 41 | €832 | €20,359 | +€19,527 | +2348.3% |
| Cash at bank and in hand | 54/58 | €1,569 | €2,469 | +€900 | +57.4% |
| Deferred charges and accrued income | 490/1 | €92 | €217 | +€125 | +135.7% |
| Total equity and liabilities | 10/49 | €15,464 | €34,529 | +€19,065 | +123.3% |
| Equity | 10/15 | -€26,398 | -€12,966 | +€13,432 | +50.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€32,598 | -€19,166 | +€13,432 | +41.2% |
| Amounts payable | 17/49 | €41,862 | €47,495 | +€5,633 | +13.5% |
| Amounts payable within one year | 42/48 | €41,862 | €47,328 | +€5,466 | +13.1% |
| Trade debts | 44 | €5,742 | €10,759 | +€5,016 | +87.4% |
| Suppliers | 440/4 | €5,742 | €10,759 | +€5,016 | +87.4% |
| Taxes, remuneration and social security | 45 | €23,212 | €15,773 | -€7,439 | -32.0% |
| Taxes | 450/3 | €18,816 | €10,292 | -€8,524 | -45.3% |
| Remuneration and social security | 454/9 | €4,396 | €5,481 | +€1,086 | +24.7% |
| Other amounts payable | 47/48 | €12,908 | €20,797 | +€7,889 | +61.1% |
| Accrued charges and deferred income | 492/3 | - | €167 | +€167 | |
| Remuneration, social security and pensions | 62 | €37,643 | €39,129 | +€1,485 | +3.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,376 | €2,181 | -€195 | -8.2% |
| Other operating charges | 640/8 | €2,081 | €841 | -€1,240 | -59.6% |
| Gross operating margin | 9900 | €61,078 | €55,476 | -€5,603 | -9.2% |
| Operating profit (loss) | 9901 | €18,978 | €13,325 | -€5,653 | -29.8% |
| Financial income | 75/76B | €3 | €529 | +€526 | +17835.6% |
| Recurring financial income | 75 | €3 | €529 | +€526 | +17835.6% |
| Financial charges | 65/66B | €1,073 | €422 | -€651 | -60.7% |
| Recurring financial charges | 65 | €1,073 | €422 | -€651 | -60.7% |
| Profit (loss) for the period before taxes | 9903 | €17,908 | €13,432 | -€4,476 | -25.0% |
| Profit (loss) for the period | 9904 | €17,908 | €13,432 | -€4,476 | -25.0% |
| Profit (loss) for the period to be appropriated | 9905 | €17,908 | €13,432 | -€4,476 | -25.0% |
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.