V7 CONSTRUCT: 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.
V7 CONSTRUCT
Largest movements
- Receivables within one year -€14,754
down €14,754 (-72.6%), from €20,334 to €5,580
of which Trade receivables: -€9,691
- Cash +€9,697
up €9,697 (+140.2%), from €6,915 to €16,612
mainly Receivables within one year (+€14,754) and Net result for the year (+€11,042)
- Tangible fixed assets -€5,737
down €5,737 (-29.3%), from €19,564 to €13,827
- Deferred charges and accrued income +€614
new in 2025: €614
- Trade debts -€12,130
down €12,130 (-91.8%), from €13,219 to €1,089
- Profit (loss) carried forward +€11,042
up €11,042 (+107.5%), from €10,273 to €21,316
- Debts after one year -€8,109
no longer reported in 2025 (was €8,109)
- Current portion of long-term debt -€1,248
down €1,248 (-13.3%), from €9,357 to €8,109
- Gross operating margin +€4,610
up €4,610 (+26.1%), from €17,684 to €22,294
- Depreciation +€3,532
up €3,532 (+86.8%), from €4,070 to €7,601
- Financial charges +€416
up €416 (+98.1%), from €424 to €840
- Other operating charges -€345
no longer reported in 2025 (was €345)
- Taxes +€244
up €244 (+9.5%), from €2,572 to €2,816
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.
Cash bridge derived
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 | €46,813 | €36,632 | -€10,181 | -21.7% |
| Fixed assets | 21/28 | €19,564 | €13,827 | -€5,737 | -29.3% |
| Tangible fixed assets | 22/27 | €19,564 | €13,827 | -€5,737 | -29.3% |
| Furniture and vehicles | 24 | €19,564 | €13,827 | -€5,737 | -29.3% |
| Current assets | 29/58 | €27,249 | €22,805 | -€4,444 | -16.3% |
| Amounts receivable within one year | 40/41 | €20,334 | €5,580 | -€14,754 | -72.6% |
| Trade receivables | 40 | €14,557 | €4,866 | -€9,691 | -66.6% |
| Other amounts receivable | 41 | €5,777 | €714 | -€5,063 | -87.6% |
| Cash at bank and in hand | 54/58 | €6,915 | €16,612 | +€9,697 | +140.2% |
| Deferred charges and accrued income | 490/1 | - | €614 | +€614 | |
| Total equity and liabilities | 10/49 | €46,813 | €36,632 | -€10,181 | -21.7% |
| Equity | 10/15 | €11,273 | €22,316 | +€11,042 | +98.0% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Outside capital | 11 | - | €1,000 | +€1,000 | |
| Other | 1109/19 | - | €1,000 | +€1,000 | |
| Profit (loss) carried forward | 14 | €10,273 | €21,316 | +€11,042 | +107.5% |
| Amounts payable | 17/49 | €35,540 | €14,317 | -€21,223 | -59.7% |
| Amounts payable after more than one year | 17 | €8,109 | - | -€8,109 | |
| Financial debts | 170/4 | €8,109 | - | -€8,109 | |
| Amounts payable within one year | 42/48 | €27,431 | €14,317 | -€13,114 | -47.8% |
| Current portion of amounts payable after more than one year | 42 | €9,357 | €8,109 | -€1,248 | -13.3% |
| Trade debts | 44 | €13,219 | €1,089 | -€12,130 | -91.8% |
| Suppliers | 440/4 | €13,219 | €1,089 | -€12,130 | -91.8% |
| Taxes, remuneration and social security | 45 | €2,572 | €2,816 | +€244 | +9.5% |
| Taxes | 450/3 | €2,572 | €2,816 | +€244 | +9.5% |
| Other amounts payable | 47/48 | €2,283 | €2,303 | +€19 | +0.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,070 | €7,601 | +€3,532 | +86.8% |
| Other operating charges | 640/8 | €345 | - | -€345 | |
| Gross operating margin | 9900 | €17,684 | €22,294 | +€4,610 | +26.1% |
| Operating profit (loss) | 9901 | €13,269 | €14,693 | +€1,424 | +10.7% |
| Financial income | 75/76B | €0 | €6 | +€6 | +27650.0% |
| Recurring financial income | 75 | €0 | €6 | +€6 | +27650.0% |
| Financial charges | 65/66B | €424 | €840 | +€416 | +98.1% |
| Recurring financial charges | 65 | €424 | €840 | +€416 | +98.1% |
| Profit (loss) for the period before taxes | 9903 | €12,845 | €13,859 | +€1,013 | +7.9% |
| Income taxes | 67/77 | €2,572 | €2,816 | +€244 | +9.5% |
| Profit (loss) for the period | 9904 | €10,273 | €11,042 | +€769 | +7.5% |
| Profit (loss) for the period to be appropriated | 9905 | €10,273 | €11,042 | +€769 | +7.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.