Summary
SENSINNOVAT has a registered holding activity and consists mainly of financial fixed assets; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €1.35bn and a net result of €67.8m. Equity is growing by about 32% per year across the filed financial years. Its solvency ranks better than 95% of 3,830 sector peers (NACE 70, financial year 2025). The company has been active since 2006 and the Belgian Official Gazette contains no insolvency or warning signals.
Financials · financial year 2025, full format
In the rankings
#1 company by total assets in Limburg, Professional and technical services sector#1 company by equity in Limburg, Professional and technical services sector
2025 annual accounts filed late (33 days) Filed on 2 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00508928.
Turnover
€717,174▼ 22.5%
2024 · €924,790
EBIT margin
Not meaningful: turnover is only a small part of operating income
Net result
€67.8m
2024 · -€10.2m
Working capital
€58.8m▼ 54.2%
2024 · €128.5m
Trend over the years
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result stays negative: a loss of €1.2m in 2025 against €683,377 in 2024; the loss grows and 2025 has the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Turnover€0.7m
2025
Operating result-€1.2m
2025
Net result€67.8m
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€1,349.1m
2025
Equity€1,349.0m
2025
Debt€0.1m
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€58.8m
2025
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Return on assets (ROA)5.0%
2025
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency100.0%
2025
Average staff in full-time equivalents (FTE).
Staff (FTE)3.8
2025
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 70, Activities of head offices; management consultancy activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Return on assets (ROA), Staff (FTE).
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Turnover€0.7m-€0.6m▼ 17.8%€0.5m▼ 17.7%€0.4m▼ 15.7%€0.8m▲ 90.1%€0.4m▼ 46.2%€0.9m▲ 114%€0.7m▼ 22.5%
Operating result€0.3m-€0.3m▼ 13.1%€0.2m▼ 45.0%-€0.3m-€0.3m▼ 14.1%-€0.7m▼ 138%-€0.7m▲ 7.8%-€1.2m▼ 68.9%
Net result€12.6m-€13.2m▲ 4.8%€16.2mabove the sector's middle half▲ 22.3%€93.4mabove the sector's middle half▲ 478%€25.5mabove the sector's middle half▼ 72.7%€947.3mabove the sector's middle half▲ 3,620%-€10.2mbelow the sector's middle half€67.8mabove the sector's middle half
Equity€227.5m-€240.7m▲ 5.8%€256.8mabove the sector's middle half▲ 6.7%€335.2mabove the sector's middle half▲ 30.5%€360.7mabove the sector's middle half▲ 7.6%€1,308.0mabove the sector's middle half▲ 263%€1,297.7mabove the sector's middle half▼ 0.8%€1,349.0mabove the sector's middle half▲ 3.9%
Total assets€227.7m-€240.8m▲ 5.8%€257.0mabove the sector's middle half▲ 6.7%€335.5mabove the sector's middle half▲ 30.5%€361.0mabove the sector's middle half▲ 7.6%€1,353.1mabove the sector's middle half▲ 275%€1,297.9mabove the sector's middle half▼ 4.1%€1,349.1mabove the sector's middle half▲ 3.9%
Debt€0.2m-€0.1m▼ 39.4%€0.2m▲ 33.7%€0.2m▲ 24.1%€0.3m▲ 15.9%€45.2m▲ 16,534%€0.2m▼ 99.6%€0.1m▼ 20.5%
Working capital€41.8m-€53.4m▲ 27.6%€63.8mabove the sector's middle half▲ 19.6%€125.2mabove the sector's middle half▲ 96.1%€136.5mabove the sector's middle half▲ 9.1%€126.6mabove the sector's middle half▼ 7.2%€128.5mabove the sector's middle half▲ 1.4%€58.8mabove the sector's middle half▼ 54.2%
Solvency99.9%-99.9%=99.9%above the sector's middle half=99.9%above the sector's middle half=99.9%above the sector's middle half=96.7%above the sector's middle half▼ 3.3pp100.0%above the sector's middle half▲ 3.3pp100.0%above the sector's middle half=
Current ratio3.80above the sector's middle half
Return on assets (ROA)5.5%-5.5%=6.3%within the sector's middle half▲ 0.8pp27.8%above the sector's middle half▲ 21.6pp7.1%within the sector's middle half▼ 20.8pp70.0%above the sector's middle half▲ 63.0pp-0.8%below the sector's middle half▼ 70.8pp5.0%within the sector's middle half▲ 5.8pp
Staff (FTE)4.9-4.8▼ 2.0%5within the sector's middle half▲ 4.2%5within the sector's middle half=6.8within the sector's middle half▲ 36.0%6.6within the sector's middle half▼ 2.9%3.1within the sector's middle half▼ 53.0%3.8within the sector's middle half▲ 22.6%
above
within
below
the middle half of NACE 70, Activities of head offices; management consultancy activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.35bn
Fixed assets
€1.29bn ▲ 10.3%
Current assets
€58.9m ▼ 54.2%
Equity and liabilities €1.35bn
Equity
€1.35bn ▲ 3.9%
Debt
€141,322 ▼ 20.5%
Debt's share of the balance-sheet total stays at 0.0%.
Key figures and ratios
ROE
5.0%▲
2024 · -0.8%
Debt ≤ 1 year
€128,948▼
2024 · €177,694
Income taxes
-€256,428▼
2024 · €1.4m
Staff costs
€373,487▲
2024 · €357,644
A ratio outside any meaningful range has been withheld (balance sheet total €1.35bn, equity €1.35bn).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Operating income70/76A | - | - | - | €0.9m | €1.1m | €1.0m | €1.1m | €0.7m | ▼ 33.7% |
| Turnover70 | €0.7m | €0.6m | €0.5m | €0.4m | €0.8m | €0.4m | €0.9m | €0.7m | ▼ 22.5% |
| Other operating income74 | - | - | - | €0.4m | €0.3m | €0.6m | €0.2m | €0.01m | ▼ 92.4% |
| Non-recurring operating income76A | - | - | - | - | - | - | €0.01m | €0.006m | ▼ 41.0% |
| Operating charges60/66A | - | - | - | €1.1m | €1.4m | €1.8m | €1.8m | €1.9m | ▲ 5.4% |
| Services and other goods61 | - | - | - | €0.5m | €0.7m | €0.8m | €1.1m | €1.2m | ▲ 7.6% |
| Remuneration, social security and pensions62 | - | - | - | €0.5m | €0.6m | €0.8m | €0.4m | €0.4m | ▲ 4.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.03m | €0.03m | €0.03m | €0.03m | €0.05m | €0.07m | €0.07m | €0.06m | ▼ 14.7% |
| Other operating charges640/8 | - | - | - | €0.1m | €0.07m | €0.2m | €0.2m | €0.2m | ▲ 4.2% |
| Non-recurring operating charges66A | - | - | - | - | - | €0.001m | €0.005m | - | - |
| Operating profit (loss)9901 | €0.3m | €0.3m | €0.2m | -€0.3m | -€0.3m | -€0.7m | -€0.7m | -€1.2m | ▼ 68.9% |
| Financial income75/76B | - | - | - | €97.5m | €36.6m | €1,090.3m | €48.3m | €54.7m | ▲ 13.4% |
| Recurring financial income75 | €16.3m | €11.7m | €18.9m | €97.5m | €36.6m | €43.6m | €48.1m | €43.8m | ▼ 9.0% |
| Income from financial fixed assets750 | - | - | - | €90.1m | €35.4m | €27.1m | €43.7m | €42.3m | ▼ 3.2% |
| Income from current assets751 | - | - | - | €372 | €451 | €1.6m | €2.2m | €1.4m | ▼ 35.0% |
| Other financial income752/9 | - | - | - | €7.3m | €1.2m | €14.9m | €2.2m | €0.02m | ▼ 98.9% |
| Non-recurring financial income76B | - | - | - | - | €0.02m | €1,046.7m | €0.2m | €10.9m | ▲ 6,699% |
| Financial charges65/66B | - | - | - | €3.8m | €10.6m | €142.0m | €56.4m | -€13.9m | - |
| Recurring financial charges65 | €3.7m | -€1.5m | €2.7m | €1.7m | €7.9m | €2.9m | €13.0m | -€18.4m | - |
| Debt charges650 | €0.1m | €0.09m | €0.04m | €0.03m | €0.2m | €0.07m | €0.05m | €0.05m | ▼ 14.6% |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals)651 | - | - | - | €1.4m | €7.6m | €1.5m | €9.4m | -€21.0m | - |
| Other financial charges652/9 | - | - | - | €0.2m | €0.1m | €1.4m | €3.6m | €2.6m | ▼ 25.7% |
| Non-recurring financial charges66B | - | - | - | €2.1m | €2.6m | €139.1m | €43.3m | €4.4m | ▼ 89.8% |
| Profit (loss) for the period before taxes9903 | €12.9m | €13.5m | €16.4m | €93.4m | €25.7m | €947.6m | -€8.8m | €67.5m | - |
| Income taxes67/77 | €0.3m | €0.3m | €0.3m | €0.03m | €0.3m | €0.3m | €1.4m | -€0.3m | - |
| Taxes670/3 | - | - | - | €0.08m | €0.3m | €0.3m | €1.4m | €0.2m | ▼ 85.6% |
| Tax adjustments and reversals of tax provisions77 | - | - | - | €0.06m | - | - | - | €0.5m | - |
| Profit (loss) for the period9904 | €12.6m | €13.2m | €16.2m | €93.4m | €25.5m | €947.3m | -€10.2m | €67.8m | - |
| Transfer from tax-exempt reserves789 | - | - | - | - | €0.04m | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €12.6m | €13.2m | €16.2m | €93.4m | €25.5m | €947.3m | -€10.2m | €67.8m | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €227.7m | €240.8m | €257.0m | €335.5m | €361.0m | €1,353.1m | €1,297.9m | €1,349.1m | ▲ 3.9% |
| Fixed assets21/28 | €185.7m | €187.3m | €193.0m | €210.1m | €224.2m | €1,181.3m | €1,169.3m | €1,290.2m | ▲ 10.3% |
| Tangible fixed assets22/27 | €0.05m | €0.09m | €0.08m | €0.1m | €0.09m | €0.3m | €0.2m | €0.1m | ▼ 32.2% |
| Land and buildings22 | - | - | - | €0 | €0 | €0 | - | - | - |
| Plant, machinery and equipment23 | - | - | - | €0.001m | €0.002m | €0.001m | €340 | €415 | ▲ 22.1% |
| Furniture and vehicles24 | - | - | - | €0.1m | €0.09m | €0.3m | €0.2m | €0.1m | ▼ 32.3% |
| Financial fixed assets28 | €185.6m | €187.2m | €192.9m | €209.9m | €224.1m | €1,181.0m | €1,169.1m | €1,290.1m | ▲ 10.4% |
| Affiliated companies280/1 | - | - | - | - | - | €109.9m | €78.5m | €89.3m | ▲ 13.7% |
| Participating interests280 | - | - | - | - | - | €92.7m | €73.3m | €80.1m | ▲ 9.3% |
| Amounts receivable281 | - | - | - | - | - | €17.2m | €5.2m | €9.2m | ▲ 76.4% |
| Companies linked by participating interests282/3 | - | - | - | €199.8m | €210.7m | €1,053.1m | €1,063.2m | €1,070.2m | ▲ 0.7% |
| Participating interests282 | - | - | - | €194.8m | €202.6m | €1,051.1m | €1,058.2m | €1,062.2m | ▲ 0.4% |
| Amounts receivable283 | - | - | - | €5.0m | €8.1m | €2.0m | €5.0m | €8.0m | ▲ 60.5% |
| Other financial fixed assets284/8 | - | - | - | €10.2m | €13.4m | €18.0m | €27.4m | €130.6m | ▲ 377% |
| Shares284 | - | - | - | €7.7m | €10.9m | €15.5m | €24.9m | €129.9m | ▲ 422% |
| Amounts receivable and cash guarantees285/8 | - | - | - | €2.5m | €2.5m | €2.5m | €2.5m | €0.7m | ▼ 72.0% |
| Current assets29/58 | €42.0m | €53.5m | €64.0m | €125.4m | €136.8m | €171.8m | €128.6m | €58.9m | ▼ 54.2% |
| Amounts receivable after more than one year29 | - | - | - | €0.05m | €1.5m | €0.05m | - | - | - |
| Other amounts receivable291 | - | - | - | €0.05m | €1.5m | €0.05m | - | - | - |
| Amounts receivable within one year40/41 | €0.6m | €0.5m | €0.6m | €0.9m | €1.1m | €1.0m | €2.7m | €3.4m | ▲ 26.3% |
| Trade receivables40 | - | - | - | €0.2m | €0.4m | €0.3m | €0.9m | €1.2m | ▲ 30.4% |
| Other amounts receivable41 | - | - | - | €0.7m | €0.7m | €0.7m | €1.8m | €2.2m | ▲ 24.2% |
| Current investments50/53 | €26.4m | €33.4m | €41.5m | €73.9m | €117.9m | €131.4m | €118.9m | €45.0m | ▼ 62.2% |
| Other investments51/53 | - | - | - | €73.9m | €117.9m | €131.4m | €118.9m | €45.0m | ▼ 62.2% |
| Cash at bank and in hand54/58 | €15.0m | €18.6m | €21.8m | €50.4m | €16.2m | €39.0m | €6.3m | €9.9m | ▲ 56.5% |
| Deferred charges and accrued income490/1 | - | - | - | €0.2m | €0.2m | €0.4m | €0.8m | €0.7m | ▼ 12.8% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €227.7m | €240.8m | €257.0m | €335.5m | €361.0m | €1,353.1m | €1,297.9m | €1,349.1m | ▲ 3.9% |
| Equity10/15 | €227.5m | €240.7m | €256.8m | €335.2m | €360.7m | €1,308.0m | €1,297.7m | €1,349.0m | ▲ 3.9% |
| Contributions10/11 | €173.1m | €173.1m | - | €163.0m | €163.0m | €163.0m | €163.0m | €146.5m | ▼ 10.1% |
| Reserves13 | €2.7m | €3.4m | €4.2m | €0.04m | - | - | - | - | - |
| Tax-exempt reserves132 | - | - | - | €0.04m | - | - | - | - | - |
| Profit (loss) carried forward14 | €51.7m | €64.2m | €79.5m | €172.2m | €197.7m | €1,145.0m | €1,134.8m | €1,202.5m | ▲ 6.0% |
| Amounts payable17/49 | €0.2m | €0.1m | €0.2m | €0.2m | €0.3m | €45.2m | €0.2m | €0.1m | ▼ 20.5% |
| Amounts payable within one year42/48 | €0.2m | €0.1m | €0.2m | €0.2m | €0.3m | €45.2m | €0.2m | €0.1m | ▼ 27.4% |
| Trade debts44 | €0.05m | €0.02m | €0.008m | €0.09m | €0.05m | €0.07m | €0.06m | €0.07m | ▲ 23.4% |
| Suppliers440/4 | - | - | - | €0.09m | €0.05m | €0.07m | €0.06m | €0.07m | ▲ 23.4% |
| Taxes, remuneration and social security45 | - | - | - | €0.06m | €0.09m | €0.08m | €0.1m | €0.05m | ▼ 53.5% |
| Taxes450/3 | - | - | - | €0.006m | €0.03m | €0.006m | €0.06m | €0.01m | ▼ 81.2% |
| Remuneration and social security454/9 | - | - | - | €0.05m | €0.06m | €0.07m | €0.06m | €0.04m | ▼ 26.5% |
| Other amounts payable47/48 | - | - | - | €0.05m | €0.1m | €45.0m | - | - | - |
| Accrued charges and deferred income492/3 | - | - | - | €0.03m | €0.01m | - | - | €0.01m | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €12.6m | €13.2m | €16.2m | €93.4m | €25.5m | €947.3m | -€10.2m | €67.8m | - |
| + Depreciation and write-downs630 | €0.03m | €0.03m | €0.03m | €0.03m | €0.05m | €0.07m | €0.07m | €0.06m | ▼ 14.7% |
| Operating cash flow (approximation) | €12.6m | €13.2m | €16.2m | €93.4m | €25.5m | €947.3m | -€10.1m | €67.8m | - |
| Investment in fixed assets (approximation) | - | -€1.7m | -€5.7m | -€17.1m | -€14.1m | -€957.2m | €12.0m | -€121.0m | - |
| Change in cash | - | €3.6m | €3.2m | €28.6m | -€34.2m | €22.8m | -€32.6m | €3.6m | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 19 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | full format | 02-09-2026 | 2026-00508928 |
| 31-12-2024 | full format | 11-07-2025 | 2025-00290434 |
| 31-12-2023 | full format | 09-04-2025 | 2025-00068430 |
| 31-12-2022 | full format | 28-08-2023 | 2023-00382169 |
| 31-12-2021 | full format | 04-08-2022 | 2022-20279064 |
| 31-12-2020 | full format | 09-06-2021 | 2021-18900441 |
| 31-12-2019 | full format | 08-10-2020 | 2020-60400588 |
| 31-12-2018 | full format | 02-07-2019 | 2019-28100459 |
| 31-12-2017 | full format | 28-08-2018 | 2018-52500202 |
| 31-12-2016 | full format | 28-08-2017 | 2017-55000449 |
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Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.