Physio 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.
Physio SEN
Largest movements
- Receivables within one year +€10,267
up €10,267 (+19.7%), from €52,244 to €62,511
of which Other amounts receivable: +€18,447
- Cash -€3,803
down €3,803 (-7.7%), from €49,233 to €45,430
mainly Receivables within one year (-€10,267) and Tax, wage and social debts (-€8,282)
- Tangible fixed assets +€2,509
up €2,509 (+43.3%), from €5,794 to €8,304
of which Plant, machinery and equipment: +€4,358
- Profit (loss) carried forward +€17,931
up €17,931 (+22.1%), from €81,044 to €98,974
- Tax, wage and social debts -€8,282
down €8,282 (-36.5%), from €22,668 to €14,386
- Gross operating margin -€12,996
down €12,996 (-31.6%), from €41,154 to €28,158
- Taxes -€2,744
down €2,744 (-32.0%), from €8,565 to €5,821
- Depreciation +€1,873
up €1,873 (+109%), from €1,711 to €3,584
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 | €107,834 | €116,903 | +€9,070 | +8.4% |
| Fixed assets | 21/28 | €5,794 | €8,304 | +€2,509 | +43.3% |
| Tangible fixed assets | 22/27 | €5,794 | €8,304 | +€2,509 | +43.3% |
| Plant, machinery and equipment | 23 | €1,112 | €5,470 | +€4,358 | +392% |
| Furniture and vehicles | 24 | €3,564 | €2,088 | -€1,475 | -41.4% |
| Other tangible fixed assets | 26 | €1,118 | €745 | -€373 | -33.4% |
| Current assets | 29/58 | €102,040 | €108,600 | +€6,560 | +6.4% |
| Amounts receivable within one year | 40/41 | €52,244 | €62,511 | +€10,267 | +19.7% |
| Trade receivables | 40 | €9,227 | €1,047 | -€8,180 | -88.7% |
| Other amounts receivable | 41 | €43,018 | €61,465 | +€18,447 | +42.9% |
| Cash at bank and in hand | 54/58 | €49,233 | €45,430 | -€3,803 | -7.7% |
| Deferred charges and accrued income | 490/1 | €562 | €658 | +€96 | +17.1% |
| Total equity and liabilities | 10/49 | €107,834 | €116,903 | +€9,070 | +8.4% |
| Equity | 10/15 | €84,044 | €101,974 | +€17,931 | +21.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €81,044 | €98,974 | +€17,931 | +22.1% |
| Amounts payable | 17/49 | €23,790 | €14,929 | -€8,861 | -37.2% |
| Amounts payable within one year | 42/48 | €23,790 | €14,929 | -€8,861 | -37.2% |
| Trade debts | 44 | €1,123 | €544 | -€579 | -51.6% |
| Suppliers | 440/4 | €1,123 | €544 | -€579 | -51.6% |
| Taxes, remuneration and social security | 45 | €22,668 | €14,386 | -€8,282 | -36.5% |
| Taxes | 450/3 | €22,668 | €14,386 | -€8,282 | -36.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,711 | €3,584 | +€1,873 | +109% |
| Other operating charges | 640/8 | €617 | €698 | +€81 | +13.2% |
| Gross operating margin | 9900 | €41,154 | €28,158 | -€12,996 | -31.6% |
| Operating profit (loss) | 9901 | €38,827 | €23,876 | -€14,951 | -38.5% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €291 | €125 | -€166 | -57.2% |
| Recurring financial charges | 65 | €291 | €125 | -€166 | -57.2% |
| Profit (loss) for the period before taxes | 9903 | €38,536 | €23,751 | -€14,784 | -38.4% |
| Income taxes | 67/77 | €8,565 | €5,821 | -€2,744 | -32.0% |
| Profit (loss) for the period | 9904 | €29,971 | €17,931 | -€12,040 | -40.2% |
| Profit (loss) for the period to be appropriated | 9905 | €29,971 | €17,931 | -€12,040 | -40.2% |
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 31 October 2026 via checked.be.