TREASURS SEVEN: 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.
TREASURS SEVEN
Largest movements
- Receivables within one year +€114,187
up €114,187 (+170%), from €67,021 to €181,207
of which Trade receivables: +€87,901
- Cash -€34,923
down €34,923 (-95.9%), from €36,416 to €1,494
mainly Receivables within one year (-€114,187)
- Intangible fixed assets -€4,590
down €4,590 (-12.0%), from €38,236 to €33,646
- Tax, wage and social debts +€41,328
up €41,328 (+208%), from €19,857 to €61,185
of which Remuneration and social security: +€45,356
- Profit (loss) carried forward +€11,319
up €11,319 (+21.3%), from €53,175 to €64,494
- Short-term financial debts +€9,711
new in 2024: €9,711
- Other debts +€7,052
up €7,052 (+12.7%), from €55,594 to €62,647
- Trade debts +€5,206
up €5,206 (+168%), from €3,104 to €8,310
- Gross operating margin -€16,529
down €16,529 (-8.5%), from €193,629 to €177,099
- Staff costs -€7,014
down €7,014 (-4.4%), from €159,890 to €152,875
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 | €141,730 | €216,347 | +€74,617 | +52.6% |
| Fixed assets | 21/28 | €38,293 | €33,646 | -€4,646 | -12.1% |
| Intangible fixed assets | 21 | €38,236 | €33,646 | -€4,590 | -12.0% |
| Tangible fixed assets | 22/27 | €56 | - | -€56 | |
| Furniture and vehicles | 24 | €56 | - | -€56 | |
| Current assets | 29/58 | €103,437 | €182,701 | +€79,264 | +76.6% |
| Amounts receivable within one year | 40/41 | €67,021 | €181,207 | +€114,187 | +170% |
| Trade receivables | 40 | €67,021 | €154,922 | +€87,901 | +131% |
| Other amounts receivable | 41 | - | €26,285 | +€26,285 | |
| Cash at bank and in hand | 54/58 | €36,416 | €1,494 | -€34,923 | -95.9% |
| Total equity and liabilities | 10/49 | €141,730 | €216,347 | +€74,617 | +52.6% |
| Equity | 10/15 | €63,175 | €74,494 | +€11,319 | +17.9% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Capital | 10 | €10,000 | €10,000 | = | 0.0% |
| Issued capital | 100 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €53,175 | €64,494 | +€11,319 | +21.3% |
| Amounts payable | 17/49 | €78,555 | €141,853 | +€63,298 | +80.6% |
| Amounts payable within one year | 42/48 | €78,555 | €141,853 | +€63,298 | +80.6% |
| Financial debts | 43 | - | €9,711 | +€9,711 | |
| Credit institutions | 430/8 | - | €9,711 | +€9,711 | |
| Trade debts | 44 | €3,104 | €8,310 | +€5,206 | +168% |
| Suppliers | 440/4 | €3,104 | €8,310 | +€5,206 | +168% |
| Taxes, remuneration and social security | 45 | €19,857 | €61,185 | +€41,328 | +208% |
| Taxes | 450/3 | €19,857 | €15,830 | -€4,027 | -20.3% |
| Remuneration and social security | 454/9 | - | €45,356 | +€45,356 | |
| Other amounts payable | 47/48 | €55,594 | €62,647 | +€7,052 | +12.7% |
| Remuneration, social security and pensions | 62 | €159,890 | €152,875 | -€7,014 | -4.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,705 | €4,646 | -€59 | -1.3% |
| Other operating charges | 640/8 | €1,464 | €1,543 | +€79 | +5.4% |
| Gross operating margin | 9900 | €193,629 | €177,099 | -€16,529 | -8.5% |
| Operating profit (loss) | 9901 | €27,570 | €18,035 | -€9,535 | -34.6% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €1,195 | €2,062 | +€868 | +72.6% |
| Recurring financial charges | 65 | €1,195 | €2,062 | +€868 | +72.6% |
| Profit (loss) for the period before taxes | 9903 | €26,375 | €15,973 | -€10,402 | -39.4% |
| Income taxes | 67/77 | €6,304 | €4,654 | -€1,650 | -26.2% |
| Profit (loss) for the period | 9904 | €20,071 | €11,319 | -€8,752 | -43.6% |
| Profit (loss) for the period to be appropriated | 9905 | €20,071 | €11,319 | -€8,752 | -43.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2023 and 30 June 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.