Seven Eleven Projects: 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 Eleven Projects
Largest movements
- Cash +€8,019
up €8,019 (+11.2%), from €71,889 to €79,908
mainly Net result for the year (+€20,414) and Depreciation (+€5,799)
- Tangible fixed assets -€5,799
down €5,799 (-48.4%), from €11,978 to €6,180
of which Other tangible fixed assets: -€2,957
- Receivables within one year +€3,348
up €3,348 (+11.3%), from €29,688 to €33,035
of which Trade receivables: +€8,087
- Deferred charges and accrued income -€3,276
down €3,276 (-15.4%), from €21,246 to €17,970
- Other debts +€3,467
up €3,467 (+22.6%), from €15,352 to €18,820
- Trade debts -€3,458
down €3,458 (-75.5%), from €4,579 to €1,121
- Gross operating margin +€5,688
up €5,688 (+17.9%), from €31,748 to €37,437
- Taxes +€3,483
up €3,483 (+53.0%), from €6,573 to €10,056
- Depreciation -€706
down €706 (-10.9%), from €6,505 to €5,799
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 | €205,245 | €207,536 | +€2,291 | +1.1% |
| Fixed assets | 21/28 | €12,127 | €6,328 | -€5,799 | -47.8% |
| Tangible fixed assets | 22/27 | €11,978 | €6,180 | -€5,799 | -48.4% |
| Plant, machinery and equipment | 23 | €577 | €157 | -€420 | -72.8% |
| Furniture and vehicles | 24 | €5,046 | €2,623 | -€2,423 | -48.0% |
| Other tangible fixed assets | 26 | €6,356 | €3,399 | -€2,957 | -46.5% |
| Financial fixed assets | 28 | €149 | €149 | = | 0.0% |
| Current assets | 29/58 | €193,118 | €201,208 | +€8,090 | +4.2% |
| Amounts receivable within one year | 40/41 | €29,688 | €33,035 | +€3,348 | +11.3% |
| Trade receivables | 40 | €24,211 | €32,298 | +€8,087 | +33.4% |
| Other amounts receivable | 41 | €5,477 | €737 | -€4,739 | -86.5% |
| Current investments | 50/53 | €70,295 | €70,295 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €71,889 | €79,908 | +€8,019 | +11.2% |
| Deferred charges and accrued income | 490/1 | €21,246 | €17,970 | -€3,276 | -15.4% |
| Total equity and liabilities | 10/49 | €205,245 | €207,536 | +€2,291 | +1.1% |
| Equity | 10/15 | €180,275 | €180,438 | +€164 | +0.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €161,225 | €160,975 | -€250 | -0.2% |
| Distributable reserves | 133 | €161,225 | €160,975 | -€250 | -0.2% |
| Profit (loss) carried forward | 14 | €450 | €863 | +€414 | +92.0% |
| Amounts payable | 17/49 | €24,971 | €27,098 | +€2,128 | +8.5% |
| Amounts payable within one year | 42/48 | €23,721 | €25,848 | +€2,128 | +9.0% |
| Financial debts | 43 | - | €338 | +€338 | |
| Credit institutions | 430/8 | - | €338 | +€338 | |
| Trade debts | 44 | €4,579 | €1,121 | -€3,458 | -75.5% |
| Suppliers | 440/4 | €4,579 | €1,121 | -€3,458 | -75.5% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €3,789 | €5,569 | +€1,780 | +47.0% |
| Taxes | 450/3 | €3,789 | €5,569 | +€1,780 | +47.0% |
| Other amounts payable | 47/48 | €15,352 | €18,820 | +€3,467 | +22.6% |
| Accrued charges and deferred income | 492/3 | €1,250 | €1,250 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,505 | €5,799 | -€706 | -10.9% |
| Other operating charges | 640/8 | €1,270 | €1,045 | -€225 | -17.7% |
| Gross operating margin | 9900 | €31,748 | €37,437 | +€5,688 | +17.9% |
| Operating profit (loss) | 9901 | €23,974 | €30,593 | +€6,619 | +27.6% |
| Financial income | 75/76B | €6 | €27 | +€21 | +351% |
| Recurring financial income | 75 | €6 | €27 | +€21 | +351% |
| Financial charges | 65/66B | €71 | €150 | +€79 | +112% |
| Recurring financial charges | 65 | €71 | €150 | +€79 | +112% |
| Profit (loss) for the period before taxes | 9903 | €23,909 | €30,470 | +€6,561 | +27.4% |
| Income taxes | 67/77 | €6,573 | €10,056 | +€3,483 | +53.0% |
| Profit (loss) for the period | 9904 | €17,336 | €20,414 | +€3,078 | +17.8% |
| Profit (loss) for the period to be appropriated | 9905 | €17,336 | €20,414 | +€3,078 | +17.8% |
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 16 October 2026 via checked.be.