SEVEN LAB: 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 LAB
Largest movements
- Receivables within one year +€650,394
up €650,394 (+1,504%), from €43,249 to €693,644
of which Other amounts receivable: +€496,178
- Cash -€218,411
down €218,411 (-49.4%), from €442,383 to €223,972
mainly Receivables within one year (-€650,394) and Contributions, distributions and other (-€165,229)
- Tangible fixed assets -€39,583
down €39,583 (-8.9%), from €444,886 to €405,303
of which Plant, machinery and equipment: -€27,996
- Financial fixed assets +€27,850
up €27,850 (+13,925%), from €200 to €28,050
- Debts after one year +€210,696
up €210,696 (+164%), from €128,815 to €339,511
- Other debts +€160,000
new in 2025: €160,000
- Current portion of long-term debt +€39,686
up €39,686 (+118%), from €33,546 to €73,231
- Profit (loss) carried forward +€24,006
up €24,006 (+11.7%), from €204,415 to €228,421
- Staff costs +€461,424
up €461,424 (+74.2%), from €621,855 to €1.1m
- Gross operating margin +€354,185
up €354,185 (+33.4%), from €1.1m to €1.4m
- Taxes -€35,666
down €35,666 (-39.3%), from €90,734 to €55,068
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 | €1,080,700 | €1,500,744 | +€420,044 | +38.9% |
| Fixed assets | 21/28 | €456,484 | €443,321 | -€13,163 | -2.9% |
| Intangible fixed assets | 21 | €11,398 | €9,968 | -€1,430 | -12.5% |
| Tangible fixed assets | 22/27 | €444,886 | €405,303 | -€39,583 | -8.9% |
| Plant, machinery and equipment | 23 | €329,426 | €301,429 | -€27,996 | -8.5% |
| Furniture and vehicles | 24 | €115,461 | €103,874 | -€11,587 | -10.0% |
| Financial fixed assets | 28 | €200 | €28,050 | +€27,850 | +13,925% |
| Current assets | 29/58 | €624,216 | €1,057,423 | +€433,207 | +69.4% |
| Amounts receivable after more than one year | 29 | €112,851 | €116,801 | +€3,950 | +3.5% |
| Other amounts receivable | 291 | €112,851 | €116,801 | +€3,950 | +3.5% |
| Stocks and contracts in progress | 3 | €25,604 | €17,044 | -€8,560 | -33.4% |
| Stocks | 30/36 | €25,604 | €17,044 | -€8,560 | -33.4% |
| Amounts receivable within one year | 40/41 | €43,249 | €693,644 | +€650,394 | +1,504% |
| Trade receivables | 40 | €1,980 | €156,196 | +€154,217 | +7,790% |
| Other amounts receivable | 41 | €41,270 | €537,448 | +€496,178 | +1,202% |
| Cash at bank and in hand | 54/58 | €442,383 | €223,972 | -€218,411 | -49.4% |
| Deferred charges and accrued income | 490/1 | €128 | €5,962 | +€5,834 | +4,549% |
| Total equity and liabilities | 10/49 | €1,080,700 | €1,500,744 | +€420,044 | +38.9% |
| Equity | 10/15 | €718,449 | €737,227 | +€18,777 | +2.6% |
| Contributions | 10/11 | €200,000 | €200,000 | = | 0.0% |
| Reserves | 13 | €250,000 | €250,000 | = | 0.0% |
| Distributable reserves | 133 | €250,000 | €250,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €204,415 | €228,421 | +€24,006 | +11.7% |
| Investment grants | 15 | €64,035 | €58,806 | -€5,229 | -8.2% |
| Amounts payable | 17/49 | €362,250 | €763,518 | +€401,267 | +111% |
| Amounts payable after more than one year | 17 | €128,815 | €339,511 | +€210,696 | +164% |
| Financial debts | 170/4 | €128,815 | €339,511 | +€210,696 | +164% |
| Amounts payable within one year | 42/48 | €233,435 | €424,006 | +€190,571 | +81.6% |
| Current portion of amounts payable after more than one year | 42 | €33,546 | €73,231 | +€39,686 | +118% |
| Trade debts | 44 | €70,831 | €73,663 | +€2,833 | +4.0% |
| Suppliers | 440/4 | €70,831 | €73,663 | +€2,833 | +4.0% |
| Advances received on contracts in progress | 46 | €200 | €1,614 | +€1,414 | +707% |
| Taxes, remuneration and social security | 45 | €128,859 | €115,498 | -€13,361 | -10.4% |
| Taxes | 450/3 | €51,215 | €33,175 | -€18,040 | -35.2% |
| Remuneration and social security | 454/9 | €77,644 | €82,323 | +€4,679 | +6.0% |
| Other amounts payable | 47/48 | - | €160,000 | +€160,000 | |
| Remuneration, social security and pensions | 62 | €621,855 | €1,083,279 | +€461,424 | +74.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €76,071 | €82,469 | +€6,398 | +8.4% |
| Other operating charges | 640/8 | €142 | €2,355 | +€2,212 | +1,553% |
| Gross operating margin | 9900 | €1,061,917 | €1,416,102 | +€354,185 | +33.4% |
| Operating profit (loss) | 9901 | €363,848 | €247,999 | -€115,850 | -31.8% |
| Financial income | 75/76B | €13,900 | €20,170 | +€6,270 | +45.1% |
| Recurring financial income | 75 | €13,900 | €20,170 | +€6,270 | +45.1% |
| Financial charges | 65/66B | €26,433 | €29,095 | +€2,662 | +10.1% |
| Recurring financial charges | 65 | €26,433 | €29,095 | +€2,662 | +10.1% |
| Profit (loss) for the period before taxes | 9903 | €351,315 | €239,074 | -€112,242 | -31.9% |
| Income taxes | 67/77 | €90,734 | €55,068 | -€35,666 | -39.3% |
| Profit (loss) for the period | 9904 | €260,582 | €184,006 | -€76,575 | -29.4% |
| Profit (loss) for the period to be appropriated | 9905 | €260,582 | €184,006 | -€76,575 | -29.4% |
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 15 October 2026 via checked.be.