SEVENLOG BELGIUM: 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.
SEVENLOG BELGIUM
Largest movements
- Receivables within one year +€87,357
up €87,357 (+38.6%), from €226,248 to €313,605
of which Trade receivables: +€84,424
- Intangible fixed assets -€5,074
down €5,074 (-31.6%), from €16,052 to €10,978
- Cash +€3,644
up €3,644 (+53.3%), from €6,832 to €10,476
mainly Other debts (+€300,500) and Accrued charges and deferred income (+€70,971)
- Other debts +€300,500
up €300,500 (+41.2%), from €729,500 to €1.0m
- Profit (loss) carried forward -€241,365
down €241,365 (-27.6%), from -€873,227 to -€1.1m
- Accrued charges and deferred income +€70,971
up €70,971 (+128%), from €55,630 to €126,601
- Trade debts -€42,719
down €42,719 (-11.9%), from €358,986 to €316,267
- Gross operating margin +€153,010
up €153,010, from -€112,670 to €40,340
- Staff costs +€43,999
up €43,999 (+29.0%), from €151,511 to €195,510
- Financial charges +€25,800
up €25,800 (+45.4%), from €56,880 to €82,680
- Financial income +€3,527
up €3,527 (+98.6%), from €3,577 to €7,104
- Other operating charges +€1,773
up €1,773 (+128%), from €1,383 to €3,156
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.
Derived cash bridge
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 | €274,738 | €362,018 | +€87,280 | +31.8% |
| Formation expenses | 20 | €2,236 | €1,490 | -€745 | -33.3% |
| Fixed assets | 21/28 | €33,892 | €28,024 | -€5,868 | -17.3% |
| Intangible fixed assets | 21 | €16,052 | €10,978 | -€5,074 | -31.6% |
| Tangible fixed assets | 22/27 | €2,840 | €2,046 | -€794 | -27.9% |
| Furniture and vehicles | 24 | €2,840 | €2,046 | -€794 | -27.9% |
| Financial fixed assets | 28 | €15,000 | €15,000 | = | 0.0% |
| Current assets | 29/58 | €238,610 | €332,504 | +€93,893 | +39.4% |
| Amounts receivable within one year | 40/41 | €226,248 | €313,605 | +€87,357 | +38.6% |
| Trade receivables | 40 | €219,165 | €303,589 | +€84,424 | +38.5% |
| Other amounts receivable | 41 | €7,083 | €10,016 | +€2,933 | +41.4% |
| Cash at bank and in hand | 54/58 | €6,832 | €10,476 | +€3,644 | +53.3% |
| Deferred charges and accrued income | 490/1 | €5,531 | €8,423 | +€2,892 | +52.3% |
| Total equity and liabilities | 10/49 | €274,738 | €362,018 | +€87,280 | +31.8% |
| Equity | 10/15 | -€869,627 | -€1,110,992 | -€241,365 | -27.8% |
| Contributions | 10/11 | €3,600 | €3,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€873,227 | -€1,114,592 | -€241,365 | -27.6% |
| Amounts payable | 17/49 | €1,144,365 | €1,473,010 | +€328,645 | +28.7% |
| Amounts payable within one year | 42/48 | €1,088,735 | €1,346,409 | +€257,674 | +23.7% |
| Trade debts | 44 | €358,986 | €316,267 | -€42,719 | -11.9% |
| Suppliers | 440/4 | €358,986 | €316,267 | -€42,719 | -11.9% |
| Taxes, remuneration and social security | 45 | €249 | €142 | -€107 | -43.1% |
| Taxes | 450/3 | €235 | €128 | -€107 | -45.6% |
| Remuneration and social security | 454/9 | €14 | €14 | = | 0.0% |
| Other amounts payable | 47/48 | €729,500 | €1,030,000 | +€300,500 | +41.2% |
| Accrued charges and deferred income | 492/3 | €55,630 | €126,601 | +€70,971 | +128% |
| Remuneration, social security and pensions | 62 | €151,511 | €195,510 | +€43,999 | +29.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,181 | €7,333 | +€153 | +2.1% |
| Other operating charges | 640/8 | €1,383 | €3,156 | +€1,773 | +128% |
| Gross operating margin | 9900 | -€112,670 | €40,340 | +€153,010 | |
| Operating profit (loss) | 9901 | -€272,746 | -€165,660 | +€107,086 | +39.3% |
| Financial income | 75/76B | €3,577 | €7,104 | +€3,527 | +98.6% |
| Recurring financial income | 75 | €3,577 | €7,104 | +€3,527 | +98.6% |
| Financial charges | 65/66B | €56,880 | €82,680 | +€25,800 | +45.4% |
| Recurring financial charges | 65 | €56,880 | €82,680 | +€25,800 | +45.4% |
| Profit (loss) for the period before taxes | 9903 | -€326,049 | -€241,237 | +€84,812 | +26.0% |
| Income taxes | 67/77 | €123 | €128 | +€5 | +3.9% |
| Profit (loss) for the period | 9904 | -€326,172 | -€241,365 | +€84,808 | +26.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€326,172 | -€241,365 | +€84,808 | +26.0% |
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 31 October 2026 via checked.be.