SEVEN: 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.
SEVEN
Largest movements
- Receivables within one year -€18,965
down €18,965 (-83.3%), from €22,760 to €3,795
of which Other amounts receivable: -€9,645
- Tangible fixed assets -€6,550
down €6,550 (-33.3%), from €19,651 to €13,101
- Cash +€5,608
new in 2025: €5,608
mainly Receivables within one year (+€18,965) and Depreciation (+€6,550)
- Deferred charges and accrued income -€567
down €567 (-67.6%), from €839 to €272
- Profit (loss) carried forward -€10,662
down €10,662 (-13.5%), from -€78,971 to -€89,632
- Other debts -€4,271
down €4,271 (-4.1%), from €104,274 to €100,004
- Trade debts -€3,719
no longer reported in 2025 (was €3,719)
- Tax, wage and social debts -€1,094
down €1,094 (-33.4%), from €3,276 to €2,182
of which Remuneration and social security: -€1,122
- Short-term financial debts -€766
no longer reported in 2025 (was €766)
- Gross operating margin -€15,973
down €15,973 (-25.5%), from €62,690 to €46,717
- Staff costs -€3,084
down €3,084 (-6.9%), from €44,813 to €41,728
- Taxes +€3,000
new in 2025: €3,000
- Financial income -€2,425
no longer reported in 2025 (was €2,425)
of which Non-recurring financial income: -€2,000
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 | €51,665 | €31,153 | -€20,512 | -39.7% |
| Fixed assets | 21/28 | €25,812 | €19,264 | -€6,548 | -25.4% |
| Tangible fixed assets | 22/27 | €19,651 | €13,101 | -€6,550 | -33.3% |
| Other tangible fixed assets | 26 | €19,651 | €13,101 | -€6,550 | -33.3% |
| Financial fixed assets | 28 | €6,161 | €6,163 | +€2 | 0.0% |
| Current assets | 29/58 | €25,853 | €11,889 | -€13,964 | -54.0% |
| Stocks and contracts in progress | 3 | €2,254 | €2,214 | -€40 | -1.8% |
| Stocks | 30/36 | €2,254 | €2,214 | -€40 | -1.8% |
| Amounts receivable within one year | 40/41 | €22,760 | €3,795 | -€18,965 | -83.3% |
| Trade receivables | 40 | €9,320 | - | -€9,320 | |
| Other amounts receivable | 41 | €13,440 | €3,795 | -€9,645 | -71.8% |
| Cash at bank and in hand | 54/58 | - | €5,608 | +€5,608 | |
| Deferred charges and accrued income | 490/1 | €839 | €272 | -€567 | -67.6% |
| Total equity and liabilities | 10/49 | €51,665 | €31,153 | -€20,512 | -39.7% |
| Equity | 10/15 | -€60,371 | -€71,032 | -€10,662 | -17.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€78,971 | -€89,632 | -€10,662 | -13.5% |
| Amounts payable | 17/49 | €112,035 | €102,185 | -€9,850 | -8.8% |
| Amounts payable within one year | 42/48 | €112,035 | €102,185 | -€9,850 | -8.8% |
| Financial debts | 43 | €766 | - | -€766 | |
| Credit institutions | 430/8 | €766 | - | -€766 | |
| Trade debts | 44 | €3,719 | - | -€3,719 | |
| Suppliers | 440/4 | €3,719 | - | -€3,719 | |
| Taxes, remuneration and social security | 45 | €3,276 | €2,182 | -€1,094 | -33.4% |
| Taxes | 450/3 | €103 | €131 | +€28 | +27.2% |
| Remuneration and social security | 454/9 | €3,173 | €2,050 | -€1,122 | -35.4% |
| Other amounts payable | 47/48 | €104,274 | €100,004 | -€4,271 | -4.1% |
| Remuneration, social security and pensions | 62 | €44,813 | €41,728 | -€3,084 | -6.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,080 | €6,550 | -€530 | -7.5% |
| Other operating charges | 640/8 | €4,751 | €4,353 | -€398 | -8.4% |
| Gross operating margin | 9900 | €62,690 | €46,717 | -€15,973 | -25.5% |
| Operating profit (loss) | 9901 | €6,047 | -€5,914 | -€11,961 | |
| Financial income | 75/76B | €2,425 | - | -€2,425 | |
| Recurring financial income | 75 | €425 | - | -€425 | |
| Non-recurring financial income | 76B | €2,000 | - | -€2,000 | |
| Financial charges | 65/66B | €1,235 | €1,748 | +€512 | +41.5% |
| Recurring financial charges | 65 | €1,235 | €1,748 | +€512 | +41.5% |
| Profit (loss) for the period before taxes | 9903 | €7,237 | -€7,662 | -€14,899 | |
| Income taxes | 67/77 | - | €3,000 | +€3,000 | |
| Profit (loss) for the period | 9904 | €7,237 | -€10,662 | -€17,899 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,237 | -€10,662 | -€17,899 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.