SEVEN PEAKS: 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.
What changed
SEVEN PEAKS
NACE 68.203, Renting and operating of own or leased non-residential real estate, excluding land
financial year 2026 compared with 2025filed annual accounts (NBB)
Net result for the year
€230,868
2025 · -€33,320+€264,188
Equity
€292,195
2025 · €93,439+€198,756
Cash
€65
2025 · €1,874-€1,809
Balance sheet total
€384,291
2025 · €127,858+€256,434
Largest movements
Assets
- Receivables within one year +€384,227
new in 2026: €384,227
- Tangible fixed assets -€125,827
down €125,827 (-100%), from €125,827 to €0
of which Land and buildings: -€124,202
Equity and liabilities
- Reserves +€165,436
up €165,436 (+155%), from €106,759 to €272,195
of which Tax-exempt reserves: +€179,195
- Provisions +€59,732
new in 2026: €59,732
- Profit (loss) carried forward +€33,320
up €33,320, from -€33,320 to €0
- Other debts +€32,112
new in 2026: €32,112
- Current portion of long-term debt -€20,798
down €20,798 (-100%), from €20,798 to €0
Income statement
- Gross operating margin +€302,841
up €302,841, from -€10,277 to €292,563
- Depreciation -€19,852
down €19,852 (-100%), from €19,852 to €0
- Financial income +€7,900
up €7,900 (+1,655%), from €477 to €8,377
- Taxes +€6,052
new in 2026: €6,052
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.
Result 2025
-€33,320
Gross operating margin
+€302,841
Depreciation
+€19,852
Other operating charges
-€110
Financial income
+€7,900
Financial charges
-€511
Taxes
-€6,052
Deferred taxes and other
-€59,732
Result 2026
€230,868
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
-€61,884
Investment
+€125,827
Financing
-€65,752
Cash 2025
€1,874
From operations (derived)
-€61,884
Net result for the year
+€230,868
Receivables within one year
-€384,227
Smaller working-capital items
-€369
Provisions
+€59,732
Other debts
+€32,112
Investment (derived)
+€125,827
Investment in fixed assets (net)
+€125,827
Financing
-€65,752
Debts after one year
-€12,842
Current portion of long-term debt
-€20,798
Contributions, distributions and other
-€32,112
Cash 2026
€65
brings cash intakes cash out
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €127,858 | €384,291 | +€256,434 | +201% |
| Fixed assets | 21/28 | €125,827 | €0 | -€125,827 | -100% |
| Tangible fixed assets | 22/27 | €125,827 | €0 | -€125,827 | -100% |
| Land and buildings | 22 | €124,202 | €0 | -€124,202 | -100% |
| Plant, machinery and equipment | 23 | €1,625 | €0 | -€1,625 | -100% |
| Current assets | 29/58 | €2,030 | €384,291 | +€382,261 | +18,828% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | - | €384,227 | +€384,227 | |
| Other amounts receivable | 41 | - | €384,227 | +€384,227 | |
| Cash at bank and in hand | 54/58 | €1,874 | €65 | -€1,809 | -96.6% |
| Deferred charges and accrued income | 490/1 | €157 | €0 | -€157 | -100% |
| Total equity and liabilities | 10/49 | €127,858 | €384,291 | +€256,434 | +201% |
| Equity | 10/15 | €93,439 | €292,195 | +€198,756 | +213% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Revaluation surpluses | 12 | €0 | - | = | |
| Reserves | 13 | €106,759 | €272,195 | +€165,436 | +155% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €64,500 | €243,695 | +€179,195 | +278% |
| Distributable reserves | 133 | €40,259 | €26,500 | -€13,759 | -34.2% |
| Profit (loss) carried forward | 14 | -€33,320 | €0 | +€33,320 | |
| Provisions and deferred taxes | 16 | - | €59,732 | +€59,732 | |
| Deferred taxes | 168 | - | €59,732 | +€59,732 | |
| Amounts payable | 17/49 | €34,418 | €32,364 | -€2,054 | -6.0% |
| Amounts payable after more than one year | 17 | €12,842 | €0 | -€12,842 | -100% |
| Financial debts | 170/4 | €8,493 | €0 | -€8,493 | -100% |
| Other amounts payable | 178/9 | €4,349 | €0 | -€4,349 | -100% |
| Amounts payable within one year | 42/48 | €21,526 | €32,262 | +€10,736 | +49.9% |
| Current portion of amounts payable after more than one year | 42 | €20,798 | €0 | -€20,798 | -100% |
| Trade debts | 44 | €728 | €148 | -€580 | -79.7% |
| Suppliers | 440/4 | €728 | €148 | -€580 | -79.7% |
| Taxes, remuneration and social security | 45 | - | €2 | +€2 | |
| Taxes | 450/3 | - | €2 | +€2 | |
| Other amounts payable | 47/48 | - | €32,112 | +€32,112 | |
| Accrued charges and deferred income | 492/3 | €50 | €102 | +€52 | +104% |
| Non-recurring operating income | 76A | - | €305,013 | +€305,013 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,852 | €0 | -€19,852 | -100% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €2,344 | €2,454 | +€110 | +4.7% |
| Gross operating margin | 9900 | -€10,277 | €292,563 | +€302,841 | |
| Operating profit (loss) | 9901 | -€32,473 | €290,109 | +€322,582 | |
| Financial income | 75/76B | €477 | €8,377 | +€7,900 | +1,655% |
| Recurring financial income | 75 | €477 | €8,377 | +€7,900 | +1,655% |
| Financial charges | 65/66B | €1,324 | €1,835 | +€511 | +38.6% |
| Recurring financial charges | 65 | €1,324 | €1,835 | +€511 | +38.6% |
| Profit (loss) for the period before taxes | 9903 | -€33,320 | €296,652 | +€329,971 | |
| Transfer from deferred taxes | 780 | €0 | - | = | |
| Transfer to deferred taxes | 680 | - | €59,732 | +€59,732 | |
| Income taxes | 67/77 | - | €6,052 | +€6,052 | |
| Profit (loss) for the period | 9904 | -€33,320 | €230,868 | +€264,188 | |
| Transfer from tax-exempt reserves | 789 | €0 | - | = | |
| Transfer to tax-exempt reserves | 689 | - | €179,195 | +€179,195 | |
| Profit (loss) for the period to be appropriated | 9905 | -€33,320 | €51,673 | +€84,992 |
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 24 October 2026 via checked.be.