SEVEN FOXES: 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 FOXES
Largest movements
- Cash +€5,426
up €5,426 (+53.4%), from €10,162 to €15,587
mainly Net result for the year (+€15,394) and Depreciation (+€3,686)
- Intangible fixed assets -€2,500
down €2,500 (-17.3%), from €14,442 to €11,942
- Tangible fixed assets +€2,398
up €2,398 (+114%), from €2,099 to €4,497
of which Furniture and vehicles: +€2,739
- Stocks and contracts +€2,016
up €2,016 (+2.6%), from €78,594 to €80,610
- Receivables within one year +€1,767
up €1,767 (+17.7%), from €10,004 to €11,771
of which Other amounts receivable: +€3,723
- Reserves +€10,000
up €10,000 (+33.3%), from €30,000 to €40,000
- Current portion of long-term debt -€6,021
no longer reported in 2025 (was €6,021)
- Profit (loss) carried forward +€5,394
up €5,394 (+14.2%), from €37,910 to €43,305
- Short-term financial debts +€3,643
new in 2025: €3,643
- Tax, wage and social debts -€2,689
down €2,689 (-15.5%), from €17,363 to €14,674
- Gross operating margin +€8,180
up €8,180 (+31.1%), from €26,317 to €34,497
- Financial charges +€3,793
up €3,793 (+72.9%), from €5,207 to €9,000
- Taxes +€1,413
up €1,413 (+29.1%), from €4,865 to €6,278
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 | €118,583 | €126,808 | +€8,225 | +6.9% |
| Fixed assets | 21/28 | €18,941 | €18,839 | -€102 | -0.5% |
| Intangible fixed assets | 21 | €14,442 | €11,942 | -€2,500 | -17.3% |
| Tangible fixed assets | 22/27 | €2,099 | €4,497 | +€2,398 | +114% |
| Plant, machinery and equipment | 23 | €861 | €519 | -€341 | -39.7% |
| Furniture and vehicles | 24 | €1,238 | €3,977 | +€2,739 | +221% |
| Financial fixed assets | 28 | €2,400 | €2,400 | = | 0.0% |
| Current assets | 29/58 | €99,642 | €107,969 | +€8,327 | +8.4% |
| Stocks and contracts in progress | 3 | €78,594 | €80,610 | +€2,016 | +2.6% |
| Stocks | 30/36 | €78,594 | €80,610 | +€2,016 | +2.6% |
| Amounts receivable within one year | 40/41 | €10,004 | €11,771 | +€1,767 | +17.7% |
| Trade receivables | 40 | €5,176 | €3,220 | -€1,956 | -37.8% |
| Other amounts receivable | 41 | €4,829 | €8,552 | +€3,723 | +77.1% |
| Cash at bank and in hand | 54/58 | €10,162 | €15,587 | +€5,426 | +53.4% |
| Deferred charges and accrued income | 490/1 | €882 | - | -€882 | |
| Total equity and liabilities | 10/49 | €118,583 | €126,808 | +€8,225 | +6.9% |
| Equity | 10/15 | €82,910 | €98,305 | +€15,394 | +18.6% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €30,000 | €40,000 | +€10,000 | +33.3% |
| Distributable reserves | 133 | €30,000 | €40,000 | +€10,000 | +33.3% |
| Profit (loss) carried forward | 14 | €37,910 | €43,305 | +€5,394 | +14.2% |
| Amounts payable | 17/49 | €35,672 | €28,503 | -€7,169 | -20.1% |
| Amounts payable within one year | 42/48 | €35,316 | €28,503 | -€6,813 | -19.3% |
| Current portion of amounts payable after more than one year | 42 | €6,021 | - | -€6,021 | |
| Financial debts | 43 | - | €3,643 | +€3,643 | |
| Credit institutions | 430/8 | - | €3,643 | +€3,643 | |
| Trade debts | 44 | €4,233 | €2,862 | -€1,371 | -32.4% |
| Suppliers | 440/4 | €4,233 | €2,862 | -€1,371 | -32.4% |
| Taxes, remuneration and social security | 45 | €17,363 | €14,674 | -€2,689 | -15.5% |
| Taxes | 450/3 | €17,363 | €14,674 | -€2,689 | -15.5% |
| Other amounts payable | 47/48 | €7,698 | €7,324 | -€374 | -4.9% |
| Accrued charges and deferred income | 492/3 | €357 | - | -€357 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,676 | €3,686 | +€11 | +0.3% |
| Other operating charges | 640/8 | €388 | €468 | +€80 | +20.6% |
| Gross operating margin | 9900 | €26,317 | €34,497 | +€8,180 | +31.1% |
| Operating profit (loss) | 9901 | €22,253 | €30,343 | +€8,089 | +36.4% |
| Financial income | 75/76B | €251 | €329 | +€78 | +31.1% |
| Recurring financial income | 75 | €251 | €329 | +€78 | +31.1% |
| Financial charges | 65/66B | €5,207 | €9,000 | +€3,793 | +72.9% |
| Recurring financial charges | 65 | €5,207 | €9,000 | +€3,793 | +72.9% |
| Profit (loss) for the period before taxes | 9903 | €17,298 | €21,672 | +€4,374 | +25.3% |
| Income taxes | 67/77 | €4,865 | €6,278 | +€1,413 | +29.1% |
| Profit (loss) for the period | 9904 | €12,433 | €15,394 | +€2,961 | +23.8% |
| Profit (loss) for the period to be appropriated | 9905 | €12,433 | €15,394 | +€2,961 | +23.8% |
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 18 October 2026 via checked.be.