SevenT9: 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.
SevenT9
Largest movements
- Cash -€660,169
down €660,169 (-88.8%), from €743,411 to €83,242
mainly Current investments (-€650,000) and Debts after one year (-€327,726)
- Current investments +€650,000
new in 2024: €650,000
- Tangible fixed assets -€292,712
down €292,712 (-6.6%), from €4.4m to €4.1m
of which Land and buildings: -€183,921
- Receivables within one year +€281,705
up €281,705 (+154.4%), from €182,455 to €464,160
of which Other amounts receivable: +€146,858
- Debts after one year -€327,726
down €327,726 (-19.3%), from €1.7m to €1.4m
- Profit (loss) carried forward +€294,059
up €294,059 (+16.7%), from €1.8m to €2.1m
- Reserves +€231,550
up €231,550 (+23.4%), from €989,483 to €1.2m
of which Tax-exempt reserves: +€231,550
- Trade debts -€217,654
down €217,654 (-49.2%), from €442,124 to €224,470
- Gross operating margin +€208,750
up €208,750 (+18.6%), from €1.1m to €1.3m
- Taxes +€58,574
up €58,574 (+55.9%), from €104,819 to €163,393
- Financial income +€51,637
up €51,637 (+1092.2%), from €4,728 to €56,365
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 | €5,352,506 | €5,339,405 | -€13,101 | -0.2% |
| Fixed assets | 21/28 | €4,414,641 | €4,121,929 | -€292,712 | -6.6% |
| Tangible fixed assets | 22/27 | €4,414,641 | €4,121,929 | -€292,712 | -6.6% |
| Land and buildings | 22 | €2,813,053 | €2,629,132 | -€183,921 | -6.5% |
| Plant, machinery and equipment | 23 | €1,454,548 | €1,364,430 | -€90,119 | -6.2% |
| Furniture and vehicles | 24 | €147,040 | €128,367 | -€18,673 | -12.7% |
| Current assets | 29/58 | €937,866 | €1,217,477 | +€279,611 | +29.8% |
| Amounts receivable within one year | 40/41 | €182,455 | €464,160 | +€281,705 | +154.4% |
| Trade receivables | 40 | €85,024 | €219,871 | +€134,847 | +158.6% |
| Other amounts receivable | 41 | €97,431 | €244,289 | +€146,858 | +150.7% |
| Current investments | 50/53 | - | €650,000 | +€650,000 | |
| Cash at bank and in hand | 54/58 | €743,411 | €83,242 | -€660,169 | -88.8% |
| Deferred charges and accrued income | 490/1 | €12,000 | €20,075 | +€8,075 | +67.3% |
| Total equity and liabilities | 10/49 | €5,352,506 | €5,339,405 | -€13,101 | -0.2% |
| Equity | 10/15 | €2,765,206 | €3,290,814 | +€525,609 | +19.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €989,483 | €1,221,033 | +€231,550 | +23.4% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100.0% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100.0% |
| Tax-exempt reserves | 132 | €155,770 | €387,320 | +€231,550 | +148.6% |
| Distributable reserves | 133 | €831,853 | €833,713 | +€1,860 | +0.2% |
| Profit (loss) carried forward | 14 | €1,757,123 | €2,051,181 | +€294,059 | +16.7% |
| Amounts payable | 17/49 | €2,587,300 | €2,048,591 | -€538,709 | -20.8% |
| Amounts payable after more than one year | 17 | €1,695,282 | €1,367,555 | -€327,726 | -19.3% |
| Financial debts | 170/4 | €1,695,282 | €1,367,555 | -€327,726 | -19.3% |
| Amounts payable within one year | 42/48 | €892,019 | €681,036 | -€210,983 | -23.7% |
| Current portion of amounts payable after more than one year | 42 | €338,616 | €327,726 | -€10,890 | -3.2% |
| Financial debts | 43 | €16,878 | €16,885 | +€7 | 0.0% |
| Credit institutions | 430/8 | €16,878 | €16,885 | +€7 | 0.0% |
| Trade debts | 44 | €442,124 | €224,470 | -€217,654 | -49.2% |
| Suppliers | 440/4 | €442,124 | €224,470 | -€217,654 | -49.2% |
| Taxes, remuneration and social security | 45 | €39,066 | €42,622 | +€3,556 | +9.1% |
| Taxes | 450/3 | €14,534 | €25,100 | +€10,566 | +72.7% |
| Remuneration and social security | 454/9 | €24,531 | €17,522 | -€7,009 | -28.6% |
| Other amounts payable | 47/48 | €55,334 | €69,332 | +€13,998 | +25.3% |
| Non-recurring operating income | 76A | - | €60,075 | +€60,075 | |
| Remuneration, social security and pensions | 62 | €139,826 | €151,066 | +€11,240 | +8.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €461,430 | €460,556 | -€874 | -0.2% |
| Other operating charges | 640/8 | €15,464 | €20,211 | +€4,748 | +30.7% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €1,121,499 | €1,330,248 | +€208,750 | +18.6% |
| Operating profit (loss) | 9901 | €504,778 | €698,415 | +€193,636 | +38.4% |
| Financial income | 75/76B | €4,728 | €56,365 | +€51,637 | +1092.2% |
| Recurring financial income | 75 | €4,728 | €56,365 | +€51,637 | +1092.2% |
| Financial charges | 65/66B | €60,088 | €65,777 | +€5,689 | +9.5% |
| Recurring financial charges | 65 | €60,088 | €65,777 | +€5,689 | +9.5% |
| Profit (loss) for the period before taxes | 9903 | €449,418 | €689,002 | +€239,584 | +53.3% |
| Income taxes | 67/77 | €104,819 | €163,393 | +€58,574 | +55.9% |
| Profit (loss) for the period | 9904 | €344,599 | €525,609 | +€181,010 | +52.5% |
| Transfer to tax-exempt reserves | 689 | €155,770 | €231,550 | +€75,780 | +48.6% |
| Profit (loss) for the period to be appropriated | 9905 | €188,829 | €294,059 | +€105,230 | +55.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.