SEVEN A.M.: 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 A.M.
Largest movements
- Cash -€12,489
down €12,489 (-50.8%), from €24,581 to €12,092
mainly Net result for the year (-€11,252) and Receivables within one year (-€7,365)
- Receivables within one year +€7,365
up €7,365 (+25.3%), from €29,070 to €36,435
of which Trade receivables: +€4,766
- Tangible fixed assets -€4,456
down €4,456 (-25.5%), from €17,484 to €13,028
of which Furniture and vehicles: -€2,796
- Profit (loss) carried forward -€11,252
down €11,252 (-15.0%), from -€74,936 to -€86,188
- Gross operating margin +€6,546
up €6,546 (+82.1%), from -€7,973 to -€1,427
- Other operating charges -€1,303
down €1,303 (-28.5%), from €4,573 to €3,269
- Depreciation +€1,152
up €1,152 (+34.8%), from €3,305 to €4,456
- Taxes -€129
down €129 (-28.9%), from €447 to €318
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €298,874 | €289,601 | -€9,273 | -3.1% |
| Fixed assets | 21/28 | €244,984 | €240,528 | -€4,456 | -1.8% |
| Tangible fixed assets | 22/27 | €17,484 | €13,028 | -€4,456 | -25.5% |
| Land and buildings | 22 | €3,785 | €3,376 | -€409 | -10.8% |
| Plant, machinery and equipment | 23 | €1,727 | €475 | -€1,251 | -72.5% |
| Furniture and vehicles | 24 | €11,973 | €9,177 | -€2,796 | -23.4% |
| Financial fixed assets | 28 | €227,500 | €227,500 | = | 0.0% |
| Current assets | 29/58 | €53,889 | €49,073 | -€4,816 | -8.9% |
| Amounts receivable within one year | 40/41 | €29,070 | €36,435 | +€7,365 | +25.3% |
| Trade receivables | 40 | - | €4,766 | +€4,766 | |
| Other amounts receivable | 41 | €29,070 | €31,669 | +€2,599 | +8.9% |
| Cash at bank and in hand | 54/58 | €24,581 | €12,092 | -€12,489 | -50.8% |
| Deferred charges and accrued income | 490/1 | €239 | €546 | +€307 | +129% |
| Total equity and liabilities | 10/49 | €298,874 | €289,601 | -€9,273 | -3.1% |
| Equity | 10/15 | €296,225 | €284,973 | -€11,252 | -3.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €364,961 | €364,961 | = | 0.0% |
| Distributable reserves | 133 | €364,961 | €364,961 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€74,936 | -€86,188 | -€11,252 | -15.0% |
| Amounts payable | 17/49 | €2,648 | €4,628 | +€1,979 | +74.7% |
| Amounts payable within one year | 42/48 | €2,648 | €4,628 | +€1,979 | +74.7% |
| Trade debts | 44 | €1,368 | €4,310 | +€2,942 | +215% |
| Suppliers | 440/4 | €1,368 | €4,310 | +€2,942 | +215% |
| Taxes, remuneration and social security | 45 | €1,281 | €318 | -€963 | -75.2% |
| Taxes | 450/3 | €1,281 | €318 | -€963 | -75.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,305 | €4,456 | +€1,152 | +34.8% |
| Other operating charges | 640/8 | €4,573 | €3,269 | -€1,303 | -28.5% |
| Gross operating margin | 9900 | -€7,973 | -€1,427 | +€6,546 | +82.1% |
| Operating profit (loss) | 9901 | -€15,851 | -€9,153 | +€6,698 | +42.3% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €1,810 | €1,782 | -€28 | -1.6% |
| Recurring financial charges | 65 | €1,810 | €1,782 | -€28 | -1.6% |
| Profit (loss) for the period before taxes | 9903 | -€17,661 | -€10,934 | +€6,727 | +38.1% |
| Income taxes | 67/77 | €447 | €318 | -€129 | -28.9% |
| Profit (loss) for the period | 9904 | -€18,108 | -€11,252 | +€6,856 | +37.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€18,108 | -€11,252 | +€6,856 | +37.9% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.