TheSeven: 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.
TheSeven
Largest movements
- Cash +€55,878
up €55,878 (+14.0%), from €400,282 to €456,160
mainly Net result for the year (+€274,515) and Other debts (+€200,000)
- Receivables within one year +€38,513
up €38,513 (+80.5%), from €47,861 to €86,374
of which Trade receivables: +€20,576
- Tangible fixed assets -€26,120
down €26,120 (-29.1%), from €89,874 to €63,754
- Other debts +€200,000
new in 2024: €200,000
- Tax, wage and social debts -€193,232
down €193,232 (-75.6%), from €255,722 to €62,490
of which Remuneration and social security: -€191,596
- Profit (loss) carried forward +€74,515
up €74,515 (+344.5%), from €21,629 to €96,143
- Trade debts -€7,170
down €7,170 (-86.2%), from €8,314 to €1,144
- Gross operating margin +€60,907
up €60,907 (+18.1%), from €335,957 to €396,864
- Taxes +€17,637
up €17,637 (+23.5%), from €75,126 to €92,763
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 | €541,601 | €614,778 | +€73,177 | +13.5% |
| Formation expenses | 20 | €1,180 | €1,180 | = | 0.0% |
| Fixed assets | 21/28 | €90,374 | €64,254 | -€26,120 | -28.9% |
| Tangible fixed assets | 22/27 | €89,874 | €63,754 | -€26,120 | -29.1% |
| Furniture and vehicles | 24 | €89,874 | €63,754 | -€26,120 | -29.1% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €450,046 | €549,344 | +€99,298 | +22.1% |
| Amounts receivable within one year | 40/41 | €47,861 | €86,374 | +€38,513 | +80.5% |
| Trade receivables | 40 | €41,090 | €61,666 | +€20,576 | +50.1% |
| Other amounts receivable | 41 | €6,771 | €24,708 | +€17,937 | +264.9% |
| Cash at bank and in hand | 54/58 | €400,282 | €456,160 | +€55,878 | +14.0% |
| Deferred charges and accrued income | 490/1 | €1,903 | €6,810 | +€4,907 | +257.8% |
| Total equity and liabilities | 10/49 | €541,601 | €614,778 | +€73,177 | +13.5% |
| Equity | 10/15 | €276,629 | €351,143 | +€74,515 | +26.9% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €225,000 | €225,000 | = | 0.0% |
| Distributable reserves | 133 | €225,000 | €225,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €21,629 | €96,143 | +€74,515 | +344.5% |
| Amounts payable | 17/49 | €264,972 | €263,635 | -€1,337 | -0.5% |
| Amounts payable within one year | 42/48 | €264,037 | €263,635 | -€402 | -0.2% |
| Trade debts | 44 | €8,314 | €1,144 | -€7,170 | -86.2% |
| Suppliers | 440/4 | €8,314 | €1,144 | -€7,170 | -86.2% |
| Taxes, remuneration and social security | 45 | €255,722 | €62,490 | -€193,232 | -75.6% |
| Taxes | 450/3 | €64,126 | €62,490 | -€1,636 | -2.6% |
| Remuneration and social security | 454/9 | €191,596 | - | -€191,596 | |
| Other amounts payable | 47/48 | - | €200,000 | +€200,000 | |
| Accrued charges and deferred income | 492/3 | €935 | - | -€935 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,335 | €29,354 | +€20 | +0.1% |
| Gross operating margin | 9900 | €335,957 | €396,864 | +€60,907 | +18.1% |
| Operating profit (loss) | 9901 | €306,622 | €367,510 | +€60,887 | +19.9% |
| Financial charges | 65/66B | €117 | €232 | +€115 | +98.3% |
| Recurring financial charges | 65 | €117 | €232 | +€115 | +98.3% |
| Profit (loss) for the period before taxes | 9903 | €306,505 | €367,278 | +€60,772 | +19.8% |
| Income taxes | 67/77 | €75,126 | €92,763 | +€17,637 | +23.5% |
| Profit (loss) for the period | 9904 | €231,379 | €274,515 | +€43,136 | +18.6% |
| Profit (loss) for the period to be appropriated | 9905 | €231,379 | €274,515 | +€43,136 | +18.6% |
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 4 October 2026 via checked.be.