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.
SEVEN
Largest movements
- Tangible fixed assets -€24,076
down €24,076 (-3.3%), from €718,698 to €694,622
- Debts after one year -€50,000
down €50,000 (-9.2%), from €546,050 to €496,050
of which Financial debts: -€43,000
- Reserves +€18,000
up €18,000 (+20.3%), from €88,500 to €106,500
- Financial charges -€9,716
down €9,716 (-41.7%), from €23,322 to €13,606
- Gross operating margin -€6,499
down €6,499 (-7.8%), from €83,733 to €77,234
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 | €731,732 | €704,346 | -€27,386 | -3.7% |
| Fixed assets | 21/28 | €718,698 | €694,622 | -€24,076 | -3.3% |
| Tangible fixed assets | 22/27 | €718,698 | €694,622 | -€24,076 | -3.3% |
| Land and buildings | 22 | €718,698 | €694,622 | -€24,076 | -3.3% |
| Current assets | 29/58 | €13,033 | €9,724 | -€3,310 | -25.4% |
| Amounts receivable within one year | 40/41 | €3,215 | €1,882 | -€1,333 | -41.5% |
| Other amounts receivable | 41 | €3,215 | €1,882 | -€1,333 | -41.5% |
| Cash at bank and in hand | 54/58 | €9,818 | €7,842 | -€1,976 | -20.1% |
| Total equity and liabilities | 10/49 | €731,732 | €704,346 | -€27,386 | -3.7% |
| Equity | 10/15 | €119,183 | €137,352 | +€18,170 | +15.2% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €88,500 | €106,500 | +€18,000 | +20.3% |
| Distributable reserves | 133 | €88,500 | €106,500 | +€18,000 | +20.3% |
| Profit (loss) carried forward | 14 | €10,223 | €10,392 | +€170 | +1.7% |
| Amounts payable | 17/49 | €612,549 | €566,994 | -€45,555 | -7.4% |
| Amounts payable after more than one year | 17 | €546,050 | €496,050 | -€50,000 | -9.2% |
| Financial debts | 170/4 | €344,000 | €301,000 | -€43,000 | -12.5% |
| Other amounts payable | 178/9 | €202,050 | €195,050 | -€7,000 | -3.5% |
| Amounts payable within one year | 42/48 | €60,117 | €64,562 | +€4,445 | +7.4% |
| Current portion of amounts payable after more than one year | 42 | €53,840 | €53,840 | = | 0.0% |
| Trade debts | 44 | €2,834 | €2,892 | +€58 | +2.0% |
| Suppliers | 440/4 | €2,834 | €2,892 | +€58 | +2.0% |
| Taxes, remuneration and social security | 45 | €3,442 | €5,830 | +€2,387 | +69.4% |
| Taxes | 450/3 | €3,442 | €5,830 | +€2,387 | +69.4% |
| Other amounts payable | 47/48 | - | €2,000 | +€2,000 | |
| Accrued charges and deferred income | 492/3 | €6,382 | €6,382 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,076 | €24,076 | = | 0.0% |
| Other operating charges | 640/8 | €13,169 | €13,581 | +€412 | +3.1% |
| Gross operating margin | 9900 | €83,733 | €77,234 | -€6,499 | -7.8% |
| Operating profit (loss) | 9901 | €46,488 | €39,577 | -€6,911 | -14.9% |
| Financial charges | 65/66B | €23,322 | €13,606 | -€9,716 | -41.7% |
| Recurring financial charges | 65 | €23,322 | €13,606 | -€9,716 | -41.7% |
| Profit (loss) for the period before taxes | 9903 | €23,166 | €25,971 | +€2,805 | +12.1% |
| Income taxes | 67/77 | €7,442 | €7,802 | +€359 | +4.8% |
| Profit (loss) for the period | 9904 | €15,723 | €18,170 | +€2,446 | +15.6% |
| Profit (loss) for the period to be appropriated | 9905 | €15,723 | €18,170 | +€2,446 | +15.6% |
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 7 October 2026 via checked.be.