Training7: 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.
Training7
Largest movements
- Receivables within one year -€69,830
down €69,830 (-53.0%), from €131,858 to €62,027
of which Other amounts receivable: -€52,994
- Stocks and contracts +€53,004
up €53,004 (+60.4%), from €87,731 to €140,736
- Cash -€40,608
down €40,608 (-27.0%), from €150,547 to €109,940
mainly Contributions, distributions and other (-€116,000) and Stocks and contracts (-€53,004)
- Tangible fixed assets -€5,616
down €5,616 (-8.6%), from €65,403 to €59,787
of which Other tangible fixed assets: -€5,936
- Profit (loss) carried forward -€95,030
down €95,030 (-32.4%), from €293,687 to €198,657
- Other debts +€52,588
up €52,588, from €0 to €52,588
- Trade debts -€21,749
down €21,749 (-47.5%), from €45,821 to €24,073
- Debts after one year -€11,606
down €11,606 (-25.1%), from €46,163 to €34,556
- Tax, wage and social debts +€7,959
up €7,959 (+29.3%), from €27,158 to €35,117
of which Taxes: +€5,884
- Gross operating margin +€18,966
up €18,966 (+38.5%), from €49,322 to €68,288
- Other operating charges +€16,826
up €16,826 (+538%), from €3,130 to €19,956
- Depreciation +€4,542
up €4,542 (+73.4%), from €6,192 to €10,734
- Taxes +€2,303
up €2,303 (+33.7%), from €6,829 to €9,133
- Financial charges +€1,023
up €1,023 (+14.8%), from €6,931 to €7,954
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.
Derived cash bridge
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 | €445,802 | €379,020 | -€66,782 | -15.0% |
| Fixed assets | 21/28 | €67,308 | €61,692 | -€5,616 | -8.3% |
| Tangible fixed assets | 22/27 | €65,403 | €59,787 | -€5,616 | -8.6% |
| Furniture and vehicles | 24 | €1,352 | €1,672 | +€320 | +23.7% |
| Other tangible fixed assets | 26 | €64,051 | €58,115 | -€5,936 | -9.3% |
| Financial fixed assets | 28 | €1,905 | €1,905 | = | 0.0% |
| Current assets | 29/58 | €378,494 | €317,328 | -€61,166 | -16.2% |
| Stocks and contracts in progress | 3 | €87,731 | €140,736 | +€53,004 | +60.4% |
| Stocks | 30/36 | €87,731 | €140,736 | +€53,004 | +60.4% |
| Amounts receivable within one year | 40/41 | €131,858 | €62,027 | -€69,830 | -53.0% |
| Trade receivables | 40 | €78,486 | €61,650 | -€16,837 | -21.5% |
| Other amounts receivable | 41 | €53,371 | €378 | -€52,994 | -99.3% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €150,547 | €109,940 | -€40,608 | -27.0% |
| Deferred charges and accrued income | 490/1 | €8,357 | €4,626 | -€3,732 | -44.7% |
| Total equity and liabilities | 10/49 | €445,802 | €379,020 | -€66,782 | -15.0% |
| Equity | 10/15 | €315,378 | €220,347 | -€95,030 | -30.1% |
| Contributions | 10/11 | €21,691 | €21,691 | = | 0.0% |
| Reserves | 13 | €0 | - | = | |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Profit (loss) carried forward | 14 | €293,687 | €198,657 | -€95,030 | -32.4% |
| Amounts payable | 17/49 | €130,424 | €158,673 | +€28,248 | +21.7% |
| Amounts payable after more than one year | 17 | €46,163 | €34,556 | -€11,606 | -25.1% |
| Financial debts | 170/4 | €46,163 | €34,556 | -€11,606 | -25.1% |
| Amounts payable within one year | 42/48 | €84,107 | €123,583 | +€39,476 | +46.9% |
| Current portion of amounts payable after more than one year | 42 | €11,128 | €11,606 | +€479 | +4.3% |
| Financial debts | 43 | €0 | €199 | +€199 | |
| Credit institutions | 430/8 | €0 | €199 | +€199 | |
| Trade debts | 44 | €45,821 | €24,073 | -€21,749 | -47.5% |
| Suppliers | 440/4 | €45,821 | €24,073 | -€21,749 | -47.5% |
| Taxes, remuneration and social security | 45 | €27,158 | €35,117 | +€7,959 | +29.3% |
| Taxes | 450/3 | €27,158 | €33,042 | +€5,884 | +21.7% |
| Remuneration and social security | 454/9 | - | €2,075 | +€2,075 | |
| Other amounts payable | 47/48 | €0 | €52,588 | +€52,588 | |
| Accrued charges and deferred income | 492/3 | €155 | €534 | +€379 | +245% |
| Non-recurring operating income | 76A | €12 | €0 | -€12 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,192 | €10,734 | +€4,542 | +73.4% |
| Other operating charges | 640/8 | €3,130 | €19,956 | +€16,826 | +538% |
| Gross operating margin | 9900 | €49,322 | €68,288 | +€18,966 | +38.5% |
| Operating profit (loss) | 9901 | €40,000 | €37,598 | -€2,402 | -6.0% |
| Financial income | 75/76B | €527 | €458 | -€69 | -13.0% |
| Recurring financial income | 75 | €527 | €458 | -€69 | -13.0% |
| Financial charges | 65/66B | €6,931 | €7,954 | +€1,023 | +14.8% |
| Recurring financial charges | 65 | €6,931 | €7,954 | +€1,023 | +14.8% |
| Profit (loss) for the period before taxes | 9903 | €33,596 | €30,102 | -€3,494 | -10.4% |
| Income taxes | 67/77 | €6,829 | €9,133 | +€2,303 | +33.7% |
| Profit (loss) for the period | 9904 | €26,767 | €20,970 | -€5,797 | -21.7% |
| Profit (loss) for the period to be appropriated | 9905 | €26,767 | €20,970 | -€5,797 | -21.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.