SEPTENNIUM: 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.
SEPTENNIUM
Largest movements
- Financial fixed assets +€779,000
up €779,000 (+19.8%), from €3.9m to €4.7m
- Stocks and contracts +€422,116
up €422,116 (+21.3%), from €2.0m to €2.4m
- Cash +€218,911
up €218,911 (+203%), from €107,591 to €326,502
mainly Current portion of long-term debt (+€751,600) and Debts after one year (+€750,000)
- Current portion of long-term debt +€751,600
up €751,600 (+567%), from €132,500 to €884,100
- Debts after one year +€750,000
up €750,000 (+13.9%), from €5.4m to €6.2m
- Profit (loss) carried forward -€154,661
down €154,661 (-33.4%), from -€463,655 to -€618,316
- Financial income -€73,271
down €73,271 (-37.8%), from €193,903 to €120,631
- Gross operating margin +€21,803
up €21,803 (+28.7%), from €75,850 to €97,653
- Financial charges -€13,309
down €13,309 (-4.5%), from €295,993 to €282,684
- Other operating charges -€7,724
down €7,724 (-34.9%), from €22,133 to €14,409
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 | €8,370,626 | €9,753,612 | +€1.4m | +16.5% |
| Fixed assets | 21/28 | €6,155,420 | €6,858,567 | +€703,148 | +11.4% |
| Tangible fixed assets | 22/27 | €2,213,494 | €2,137,641 | -€75,852 | -3.4% |
| Land and buildings | 22 | €2,190,188 | €2,118,044 | -€72,145 | -3.3% |
| Plant, machinery and equipment | 23 | €15,305 | €13,198 | -€2,108 | -13.8% |
| Furniture and vehicles | 24 | €8,000 | €6,400 | -€1,600 | -20.0% |
| Financial fixed assets | 28 | €3,941,926 | €4,720,926 | +€779,000 | +19.8% |
| Current assets | 29/58 | €2,215,206 | €2,895,045 | +€679,839 | +30.7% |
| Stocks and contracts in progress | 3 | €1,982,040 | €2,404,157 | +€422,116 | +21.3% |
| Stocks | 30/36 | €1,982,040 | €2,404,157 | +€422,116 | +21.3% |
| Amounts receivable within one year | 40/41 | €19,332 | €46,316 | +€26,984 | +140% |
| Trade receivables | 40 | €212 | - | -€212 | |
| Other amounts receivable | 41 | €19,120 | €46,316 | +€27,196 | +142% |
| Cash at bank and in hand | 54/58 | €107,591 | €326,502 | +€218,911 | +203% |
| Deferred charges and accrued income | 490/1 | €106,243 | €118,070 | +€11,828 | +11.1% |
| Total equity and liabilities | 10/49 | €8,370,626 | €9,753,612 | +€1.4m | +16.5% |
| Equity | 10/15 | €2,605,295 | €2,450,634 | -€154,661 | -5.9% |
| Contributions | 10/11 | €3,062,000 | €3,062,000 | = | 0.0% |
| Capital | 10 | €3,062,000 | €3,062,000 | = | 0.0% |
| Issued capital | 100 | €3,062,000 | €3,062,000 | = | 0.0% |
| Reserves | 13 | €6,950 | €6,950 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,950 | €6,950 | = | 0.0% |
| Legal reserve | 130 | €6,950 | €6,950 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€463,655 | -€618,316 | -€154,661 | -33.4% |
| Amounts payable | 17/49 | €5,765,331 | €7,302,978 | +€1.5m | +26.7% |
| Amounts payable after more than one year | 17 | €5,400,000 | €6,150,000 | +€750,000 | +13.9% |
| Financial debts | 170/4 | €5,400,000 | €6,150,000 | +€750,000 | +13.9% |
| Amounts payable within one year | 42/48 | €247,624 | €1,042,455 | +€794,831 | +321% |
| Current portion of amounts payable after more than one year | 42 | €132,500 | €884,100 | +€751,600 | +567% |
| Trade debts | 44 | €4,391 | €2,398 | -€1,993 | -45.4% |
| Suppliers | 440/4 | €4,391 | €2,398 | -€1,993 | -45.4% |
| Taxes, remuneration and social security | 45 | €23,264 | €1,027 | -€22,237 | -95.6% |
| Taxes | 450/3 | €23,264 | €1,027 | -€22,237 | -95.6% |
| Other amounts payable | 47/48 | €87,468 | €154,929 | +€67,461 | +77.1% |
| Accrued charges and deferred income | 492/3 | €117,707 | €110,524 | -€7,183 | -6.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €76,205 | €75,852 | -€352 | -0.5% |
| Other operating charges | 640/8 | €22,133 | €14,409 | -€7,724 | -34.9% |
| Gross operating margin | 9900 | €75,850 | €97,653 | +€21,803 | +28.7% |
| Operating profit (loss) | 9901 | -€22,488 | €7,392 | +€29,879 | |
| Financial income | 75/76B | €193,903 | €120,631 | -€73,271 | -37.8% |
| Recurring financial income | 75 | €193,903 | €120,631 | -€73,271 | -37.8% |
| Financial charges | 65/66B | €295,993 | €282,684 | -€13,309 | -4.5% |
| Recurring financial charges | 65 | €295,993 | €282,684 | -€13,309 | -4.5% |
| Profit (loss) for the period before taxes | 9903 | -€124,578 | -€154,661 | -€30,082 | -24.1% |
| Profit (loss) for the period | 9904 | -€124,578 | -€154,661 | -€30,082 | -24.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€124,578 | -€154,661 | -€30,082 | -24.1% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.