SECTOR 7: 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.
SECTOR 7
Largest movements
- Tangible fixed assets -€28,381
down €28,381 (-50.0%), from €56,753 to €28,372
of which Furniture and vehicles: -€28,381
- Cash +€11,968
up €11,968 (+524.5%), from €2,282 to €14,250
mainly Depreciation (+€30,375) and Net result for the year (+€12,062)
- Receivables within one year +€9,572
up €9,572 (+58.2%), from €16,451 to €26,023
of which Trade receivables: +€9,194
- Profit (loss) carried forward -€12,938
down €12,938 (-37.4%), from €34,589 to €21,651
- Other debts +€11,948
up €11,948 (+111.4%), from €10,728 to €22,676
- Reserves +€10,000
up €10,000 (+537.6%), from €1,860 to €11,860
- Debts after one year -€7,366
no longer reported in 2025 (was €7,366)
- Trade debts -€4,319
down €4,319 (-78.4%), from €5,508 to €1,189
- Gross operating margin +€11,764
up €11,764 (+20.1%), from €58,535 to €70,299
- Other operating charges -€4,804
down €4,804 (-19.1%), from €25,167 to €20,363
- Taxes +€4,591
up €4,591 (+213.8%), from €2,148 to €6,739
- Depreciation -€760
down €760 (-2.4%), from €31,136 to €30,375
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 | €80,088 | €73,865 | -€6,223 | -7.8% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €56,753 | €28,372 | -€28,381 | -50.0% |
| Tangible fixed assets | 22/27 | €56,753 | €28,372 | -€28,381 | -50.0% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €56,753 | €28,372 | -€28,381 | -50.0% |
| Other tangible fixed assets | 26 | €0 | €0 | = | |
| Current assets | 29/58 | €23,335 | €45,493 | +€22,158 | +95.0% |
| Amounts receivable within one year | 40/41 | €16,451 | €26,023 | +€9,572 | +58.2% |
| Trade receivables | 40 | €11,331 | €20,525 | +€9,194 | +81.1% |
| Other amounts receivable | 41 | €5,120 | €5,498 | +€378 | +7.4% |
| Cash at bank and in hand | 54/58 | €2,282 | €14,250 | +€11,968 | +524.5% |
| Deferred charges and accrued income | 490/1 | €4,601 | €5,220 | +€618 | +13.4% |
| Total equity and liabilities | 10/49 | €80,088 | €73,865 | -€6,223 | -7.8% |
| Equity | 10/15 | €43,849 | €40,911 | -€2,938 | -6.7% |
| Contributions | 10/11 | €7,400 | €7,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €11,860 | +€10,000 | +537.6% |
| Distributable reserves | 133 | €1,860 | €11,860 | +€10,000 | +537.6% |
| Profit (loss) carried forward | 14 | €34,589 | €21,651 | -€12,938 | -37.4% |
| Amounts payable | 17/49 | €36,239 | €32,954 | -€3,285 | -9.1% |
| Amounts payable after more than one year | 17 | €7,366 | - | -€7,366 | |
| Financial debts | 170/4 | €7,366 | - | -€7,366 | |
| Amounts payable within one year | 42/48 | €28,873 | €32,954 | +€4,081 | +14.1% |
| Current portion of amounts payable after more than one year | 42 | €7,692 | €7,366 | -€326 | -4.2% |
| Trade debts | 44 | €5,508 | €1,189 | -€4,319 | -78.4% |
| Suppliers | 440/4 | €5,508 | €1,189 | -€4,319 | -78.4% |
| Taxes, remuneration and social security | 45 | €4,944 | €1,723 | -€3,222 | -65.2% |
| Taxes | 450/3 | €4,944 | €1,723 | -€3,222 | -65.2% |
| Other amounts payable | 47/48 | €10,728 | €22,676 | +€11,948 | +111.4% |
| Remuneration, social security and pensions | 62 | -€81 | - | +€81 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,136 | €30,375 | -€760 | -2.4% |
| Other operating charges | 640/8 | €25,167 | €20,363 | -€4,804 | -19.1% |
| Gross operating margin | 9900 | €58,535 | €70,299 | +€11,764 | +20.1% |
| Operating profit (loss) | 9901 | €2,313 | €19,560 | +€17,248 | +745.8% |
| Financial income | 75/76B | €3 | - | -€3 | |
| Recurring financial income | 75 | €3 | - | -€3 | |
| Financial charges | 65/66B | €1,110 | €759 | -€351 | -31.6% |
| Recurring financial charges | 65 | €1,110 | €759 | -€351 | -31.6% |
| Profit (loss) for the period before taxes | 9903 | €1,205 | €18,801 | +€17,596 | +1460.1% |
| Income taxes | 67/77 | €2,148 | €6,739 | +€4,591 | +213.8% |
| Profit (loss) for the period | 9904 | -€943 | €12,062 | +€13,005 | |
| Profit (loss) for the period to be appropriated | 9905 | -€943 | €12,062 | +€13,005 |
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.