SEVEN SEAS: 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 SEAS
Largest movements
- Receivables within one year -€8,893
no longer reported in 2025 (was €8,893)
- Cash -€543
down €543 (-57.7%), from €940 to €397
mainly Other debts (-€7,993) and Net result for the year (-€1,499)
- Other debts -€7,993
down €7,993 (-11.2%), from €71,515 to €63,521
- Profit (loss) carried forward -€1,499
down €1,499 (-1.2%), from -€128,162 to -€129,661
- Other operating charges -€23,169
down €23,169 (-96.9%), from €23,905 to €736
- Financial charges +€168
new in 2025: €168
- Gross operating margin -€166
down €166 (-38.7%), from -€429 to -€595
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 | €9,833 | €397 | -€9,436 | -96.0% |
| Current assets | 29/58 | €9,833 | €397 | -€9,436 | -96.0% |
| Amounts receivable within one year | 40/41 | €8,893 | - | -€8,893 | |
| Other amounts receivable | 41 | €8,893 | - | -€8,893 | |
| Cash at bank and in hand | 54/58 | €940 | €397 | -€543 | -57.7% |
| Total equity and liabilities | 10/49 | €9,833 | €397 | -€9,436 | -96.0% |
| Equity | 10/15 | -€98,162 | -€99,661 | -€1,499 | -1.5% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€128,162 | -€129,661 | -€1,499 | -1.2% |
| Amounts payable | 17/49 | €107,995 | €100,059 | -€7,937 | -7.3% |
| Amounts payable after more than one year | 17 | €36,000 | €36,000 | = | 0.0% |
| Financial debts | 170/4 | €36,000 | €36,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €71,995 | €64,059 | -€7,937 | -11.0% |
| Trade debts | 44 | €481 | €537 | +€57 | +11.8% |
| Suppliers | 440/4 | €481 | €537 | +€57 | +11.8% |
| Other amounts payable | 47/48 | €71,515 | €63,521 | -€7,993 | -11.2% |
| Other operating charges | 640/8 | €23,905 | €736 | -€23,169 | -96.9% |
| Gross operating margin | 9900 | -€429 | -€595 | -€166 | -38.7% |
| Operating profit (loss) | 9901 | -€24,334 | -€1,331 | +€23,003 | +94.5% |
| Financial charges | 65/66B | - | €168 | +€168 | |
| Recurring financial charges | 65 | - | €168 | +€168 | |
| Profit (loss) for the period before taxes | 9903 | -€24,334 | -€1,499 | +€22,834 | +93.8% |
| Profit (loss) for the period | 9904 | -€24,334 | -€1,499 | +€22,834 | +93.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€24,334 | -€1,499 | +€22,834 | +93.8% |
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 13 October 2026 via checked.be.