Seven CA & IM: 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 CA & IM
Largest movements
- Receivables within one year -€38,737
down €38,737 (-73.4%), from €52,795 to €14,059
of which Other amounts receivable: -€42,164
- Cash +€19,074
up €19,074 (+40.0%), from €47,707 to €66,781
mainly Net result for the year (+€42,060) and Receivables within one year (+€38,737)
- Other debts -€61,973
down €61,973 (-100%), from €61,973 to €0
- Reserves +€42,060
new in 2025: €42,060
- Gross operating margin -€7,042
down €7,042 (-10.6%), from €66,494 to €59,452
- Taxes -€2,402
down €2,402 (-14.0%), from €17,097 to €14,695
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 | €102,347 | €82,384 | -€19,964 | -19.5% |
| Fixed assets | 21/28 | €536 | €137 | -€400 | -74.5% |
| Tangible fixed assets | 22/27 | €536 | €137 | -€400 | -74.5% |
| Furniture and vehicles | 24 | €536 | €137 | -€400 | -74.5% |
| Current assets | 29/58 | €101,811 | €82,247 | -€19,564 | -19.2% |
| Amounts receivable within one year | 40/41 | €52,795 | €14,059 | -€38,737 | -73.4% |
| Trade receivables | 40 | - | €3,428 | +€3,428 | |
| Other amounts receivable | 41 | €52,795 | €10,631 | -€42,164 | -79.9% |
| Cash at bank and in hand | 54/58 | €47,707 | €66,781 | +€19,074 | +40.0% |
| Deferred charges and accrued income | 490/1 | €1,308 | €1,407 | +€99 | +7.6% |
| Total equity and liabilities | 10/49 | €102,347 | €82,384 | -€19,964 | -19.5% |
| Equity | 10/15 | €28,988 | €71,048 | +€42,060 | +145% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | - | €42,060 | +€42,060 | |
| Distributable reserves | 133 | - | €42,060 | +€42,060 | |
| Profit (loss) carried forward | 14 | €10,388 | €10,388 | = | 0.0% |
| Amounts payable | 17/49 | €73,359 | €11,336 | -€62,023 | -84.5% |
| Amounts payable within one year | 42/48 | €73,359 | €11,336 | -€62,023 | -84.5% |
| Trade debts | 44 | €772 | €842 | +€69 | +9.0% |
| Suppliers | 440/4 | €772 | €842 | +€69 | +9.0% |
| Taxes, remuneration and social security | 45 | €10,614 | €10,494 | -€120 | -1.1% |
| Taxes | 450/3 | €10,614 | €9,460 | -€1,155 | -10.9% |
| Remuneration and social security | 454/9 | - | €1,035 | +€1,035 | |
| Other amounts payable | 47/48 | €61,973 | €0 | -€61,973 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €400 | €400 | = | 0.0% |
| Other operating charges | 640/8 | €747 | €583 | -€163 | -21.9% |
| Gross operating margin | 9900 | €66,494 | €59,452 | -€7,042 | -10.6% |
| Operating profit (loss) | 9901 | €65,348 | €58,469 | -€6,879 | -10.5% |
| Financial income | 75/76B | €2,218 | €1,709 | -€509 | -22.9% |
| Recurring financial income | 75 | €2,218 | €1,709 | -€509 | -22.9% |
| Financial charges | 65/66B | €3,359 | €3,423 | +€64 | +1.9% |
| Recurring financial charges | 65 | €3,359 | €3,423 | +€64 | +1.9% |
| Profit (loss) for the period before taxes | 9903 | €64,207 | €56,755 | -€7,452 | -11.6% |
| Income taxes | 67/77 | €17,097 | €14,695 | -€2,402 | -14.0% |
| Profit (loss) for the period | 9904 | €47,110 | €42,060 | -€5,050 | -10.7% |
| Profit (loss) for the period to be appropriated | 9905 | €47,110 | €42,060 | -€5,050 | -10.7% |
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 24 October 2026 via checked.be.