LES FRERES SEN: 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.
LES FRERES SEN
Largest movements
- Cash +€4,661
up €4,661 (+22.0%), from €21,142 to €25,804
mainly Other debts (+€4,304) and Deferred charges and accrued income (+€3,934)
- Deferred charges and accrued income -€3,934
down €3,934 (-34.3%), from €11,461 to €7,527
- Tangible fixed assets +€450
up €450 (+73.1%), from €616 to €1,066
- Profit (loss) carried forward -€5,751
down €5,751 (-36.6%), from €15,714 to €9,963
- Other debts +€4,304
new in 2025: €4,304
- Trade debts +€2,206
up €2,206 (+1,547%), from €143 to €2,348
- Tax, wage and social debts +€713
up €713 (+89.6%), from €796 to €1,509
of which Remuneration and social security: +€1,500
- Gross operating margin -€5,710
down €5,710 (-93.2%), from €6,124 to €413
- Financial charges +€1,473
up €1,473 (+68.7%), from €2,143 to €3,617
- Depreciation -€926
down €926 (-53.9%), from €1,720 to €794
- Taxes -€236
down €236 (-100%), from €236 to €0
- Other operating charges -€201
down €201 (-10.3%), from €1,955 to €1,754
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 | €35,909 | €37,381 | +€1,472 | +4.1% |
| Fixed assets | 21/28 | €616 | €1,066 | +€450 | +73.1% |
| Tangible fixed assets | 22/27 | €616 | €1,066 | +€450 | +73.1% |
| Other tangible fixed assets | 26 | €616 | €1,066 | +€450 | +73.1% |
| Current assets | 29/58 | €35,293 | €36,314 | +€1,022 | +2.9% |
| Stocks and contracts in progress | 3 | €2,630 | €2,707 | +€78 | +3.0% |
| Stocks | 30/36 | €2,630 | €2,707 | +€78 | +3.0% |
| Amounts receivable within one year | 40/41 | €59 | €277 | +€217 | +367% |
| Trade receivables | 40 | €59 | €0 | -€59 | -100% |
| Other amounts receivable | 41 | - | €277 | +€277 | |
| Cash at bank and in hand | 54/58 | €21,142 | €25,804 | +€4,661 | +22.0% |
| Deferred charges and accrued income | 490/1 | €11,461 | €7,527 | -€3,934 | -34.3% |
| Total equity and liabilities | 10/49 | €35,909 | €37,381 | +€1,472 | +4.1% |
| Equity | 10/15 | €34,970 | €29,219 | -€5,751 | -16.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €656 | €656 | = | 0.0% |
| Distributable reserves | 133 | €656 | €656 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,714 | €9,963 | -€5,751 | -36.6% |
| Amounts payable | 17/49 | €939 | €8,162 | +€7,223 | +769% |
| Amounts payable within one year | 42/48 | €939 | €8,162 | +€7,223 | +769% |
| Trade debts | 44 | €143 | €2,348 | +€2,206 | +1,547% |
| Suppliers | 440/4 | €143 | €2,348 | +€2,206 | +1,547% |
| Taxes, remuneration and social security | 45 | €796 | €1,509 | +€713 | +89.6% |
| Taxes | 450/3 | €796 | €9 | -€787 | -98.8% |
| Remuneration and social security | 454/9 | - | €1,500 | +€1,500 | |
| Other amounts payable | 47/48 | - | €4,304 | +€4,304 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,720 | €794 | -€926 | -53.9% |
| Other operating charges | 640/8 | €1,955 | €1,754 | -€201 | -10.3% |
| Gross operating margin | 9900 | €6,124 | €413 | -€5,710 | -93.2% |
| Operating profit (loss) | 9901 | €2,448 | -€2,134 | -€4,583 | |
| Financial charges | 65/66B | €2,143 | €3,617 | +€1,473 | +68.7% |
| Recurring financial charges | 65 | €2,143 | €3,617 | +€1,473 | +68.7% |
| Profit (loss) for the period before taxes | 9903 | €305 | -€5,751 | -€6,056 | |
| Income taxes | 67/77 | €236 | €0 | -€236 | -100% |
| Profit (loss) for the period | 9904 | €68 | -€5,751 | -€5,819 | |
| Profit (loss) for the period to be appropriated | 9905 | €68 | -€5,751 | -€5,819 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.