Seven Seed: 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 Seed
Largest movements
- Receivables within one year +€59,802
up €59,802 (+923.7%), from €6,474 to €66,276
- Cash -€19,065
down €19,065 (-79.2%), from €24,060 to €4,995
mainly Receivables within one year (-€59,802) and Investment in fixed assets (net) (-€264)
- Tangible fixed assets -€1,210
down €1,210 (-21.0%), from €5,775 to €4,565
- Intangible fixed assets -€968
down €968 (-10.0%), from €9,632 to €8,664
- Trade debts +€24,898
up €24,898 (+1811.9%), from €1,374 to €26,272
- Profit (loss) carried forward +€6,911
up €6,911 (+15.2%), from -€45,382 to -€38,471
- Advances received +€4,778
new in 2024: €4,778
- Tax, wage and social debts +€2,236
new in 2024: €2,236
of which Taxes: +€2,123
- Gross operating margin +€54,431
up €54,431, from -€44,253 to €10,178
- Depreciation +€1,855
up €1,855 (+574.5%), from €323 to €2,178
- Staff costs +€1,200
new in 2024: €1,200
- Financial charges -€592
down €592, from €481 to -€111
From the 2023 result to the 2024 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.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €45,942 | €84,765 | +€38,823 | +84.5% |
| Fixed assets | 21/28 | €15,407 | €13,493 | -€1,914 | -12.4% |
| Intangible fixed assets | 21 | €9,632 | €8,664 | -€968 | -10.0% |
| Tangible fixed assets | 22/27 | €5,775 | €4,565 | -€1,210 | -21.0% |
| Plant, machinery and equipment | 23 | €5,775 | €4,565 | -€1,210 | -21.0% |
| Financial fixed assets | 28 | - | €264 | +€264 | |
| Current assets | 29/58 | €30,535 | €71,272 | +€40,737 | +133.4% |
| Amounts receivable within one year | 40/41 | €6,474 | €66,276 | +€59,802 | +923.7% |
| Trade receivables | 40 | €6,474 | €66,276 | +€59,802 | +923.7% |
| Cash at bank and in hand | 54/58 | €24,060 | €4,995 | -€19,065 | -79.2% |
| Total equity and liabilities | 10/49 | €45,942 | €84,765 | +€38,823 | +84.5% |
| Equity | 10/15 | €44,568 | €51,479 | +€6,911 | +15.5% |
| Contributions | 10/11 | €89,950 | €89,950 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€45,382 | -€38,471 | +€6,911 | +15.2% |
| Amounts payable | 17/49 | €1,374 | €33,286 | +€31,911 | +2322.3% |
| Amounts payable within one year | 42/48 | €1,374 | €33,286 | +€31,911 | +2322.3% |
| Trade debts | 44 | €1,374 | €26,272 | +€24,898 | +1811.9% |
| Suppliers | 440/4 | €1,374 | €26,272 | +€24,898 | +1811.9% |
| Advances received on contracts in progress | 46 | - | €4,778 | +€4,778 | |
| Taxes, remuneration and social security | 45 | - | €2,236 | +€2,236 | |
| Taxes | 450/3 | - | €2,123 | +€2,123 | |
| Remuneration and social security | 454/9 | - | €113 | +€113 | |
| Remuneration, social security and pensions | 62 | - | €1,200 | +€1,200 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €323 | €2,178 | +€1,855 | +574.5% |
| Other operating charges | 640/8 | €384 | - | -€384 | |
| Gross operating margin | 9900 | -€44,253 | €10,178 | +€54,431 | |
| Operating profit (loss) | 9901 | -€44,960 | €6,800 | +€51,760 | |
| Financial income | 75/76B | €59 | - | -€59 | |
| Recurring financial income | 75 | €59 | - | -€59 | |
| Financial charges | 65/66B | €481 | -€111 | -€592 | |
| Recurring financial charges | 65 | €481 | -€111 | -€592 | |
| Profit (loss) for the period before taxes | 9903 | -€45,382 | €6,911 | +€52,294 | |
| Profit (loss) for the period | 9904 | -€45,382 | €6,911 | +€52,294 | |
| Profit (loss) for the period to be appropriated | 9905 | -€45,382 | €6,911 | +€52,294 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.