SEVEN SETT CONSTRUCT: what changed
Two fiscal 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 SETT CONSTRUCT
Largest movements
- Receivables within one year +€67,773
up €67,773 (+87.9%), from €77,145 to €144,917
of which Trade receivables: +€63,353
- Tangible fixed assets -€4,292
no longer reported in 2025 (was €4,292)
- Trade debts +€78,958
up €78,958 (+266.7%), from €29,605 to €108,563
- Other debts -€9,696
no longer reported in 2025 (was €9,696)
- Debts after one year -€4,327
down €4,327 (-62.1%), from €6,969 to €2,642
- Gross operating margin -€8,304
down €8,304 (-48.7%), from €17,067 to €8,763
- Depreciation -€5,444
down €5,444 (-55.9%), from €9,737 to €4,292
- Taxes +€2,534
new in 2025: €2,534
- Financial charges +€373
up €373 (+18.9%), from €1,971 to €2,344
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.
Cash bridge derived
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 | €85,874 | €149,638 | +€63,763 | +74.3% |
| Fixed assets | 21/28 | €4,292 | - | -€4,292 | |
| Tangible fixed assets | 22/27 | €4,292 | - | -€4,292 | |
| Furniture and vehicles | 24 | €4,292 | - | -€4,292 | |
| Current assets | 29/58 | €81,582 | €149,638 | +€68,055 | +83.4% |
| Amounts receivable within one year | 40/41 | €77,145 | €144,917 | +€67,773 | +87.9% |
| Trade receivables | 40 | €77,145 | €140,498 | +€63,353 | +82.1% |
| Other amounts receivable | 41 | - | €4,419 | +€4,419 | |
| Cash at bank and in hand | 54/58 | €2,846 | €3,602 | +€755 | +26.5% |
| Deferred charges and accrued income | 490/1 | €1,591 | €1,118 | -€473 | -29.7% |
| Total equity and liabilities | 10/49 | €85,874 | €149,638 | +€63,763 | +74.3% |
| Equity | 10/15 | €34,441 | €34,105 | -€336 | -1.0% |
| Contributions | 10/11 | €5,745 | €5,745 | = | 0.0% |
| Profit (loss) carried forward | 14 | €28,696 | €28,360 | -€336 | -1.2% |
| Amounts payable | 17/49 | €51,434 | €115,533 | +€64,099 | +124.6% |
| Amounts payable after more than one year | 17 | €6,969 | €2,642 | -€4,327 | -62.1% |
| Financial debts | 170/4 | €6,969 | €2,642 | -€4,327 | -62.1% |
| Amounts payable within one year | 42/48 | €44,464 | €112,891 | +€68,426 | +153.9% |
| Current portion of amounts payable after more than one year | 42 | €4,084 | €4,327 | +€243 | +6.0% |
| Trade debts | 44 | €29,605 | €108,563 | +€78,958 | +266.7% |
| Suppliers | 440/4 | €29,605 | €108,563 | +€78,958 | +266.7% |
| Taxes, remuneration and social security | 45 | €1,079 | - | -€1,079 | |
| Taxes | 450/3 | €1,079 | - | -€1,079 | |
| Other amounts payable | 47/48 | €9,696 | - | -€9,696 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,737 | €4,292 | -€5,444 | -55.9% |
| Gross operating margin | 9900 | €17,067 | €8,763 | -€8,304 | -48.7% |
| Operating profit (loss) | 9901 | €7,330 | €4,470 | -€2,860 | -39.0% |
| Financial income | 75/76B | - | €72 | +€72 | |
| Recurring financial income | 75 | - | €72 | +€72 | |
| Financial charges | 65/66B | €1,971 | €2,344 | +€373 | +18.9% |
| Recurring financial charges | 65 | €1,971 | €2,344 | +€373 | +18.9% |
| Profit (loss) for the period before taxes | 9903 | €5,359 | €2,198 | -€3,161 | -59.0% |
| Income taxes | 67/77 | - | €2,534 | +€2,534 | |
| Profit (loss) for the period | 9904 | €5,359 | -€336 | -€5,695 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,359 | -€336 | -€5,695 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.