SEN5: 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.
SEN5
Largest movements
- Receivables within one year -€14,935
down €14,935 (-47.6%), from €31,400 to €16,464
of which Other amounts receivable: -€13,501
- Deferred charges and accrued income +€6,809
up €6,809 (+440.3%), from €1,546 to €8,355
- Cash +€6,336
up €6,336 (+18.0%), from €35,294 to €41,630
mainly Net result for the year (+€19,438) and Tax, wage and social debts (+€16,714)
- Tangible fixed assets -€944
down €944 (-91.7%), from €1,029 to €86
- Trade debts -€20,312
down €20,312 (-89.8%), from €22,608 to €2,296
- Tax, wage and social debts +€16,714
up €16,714 (+179.5%), from €9,309 to €26,023
of which Taxes: +€14,798
- Other debts +€11,496
up €11,496 (+152.6%), from €7,535 to €19,031
- Profit (loss) carried forward -€10,562
down €10,562 (-90.1%), from €11,725 to €1,163
- Other operating charges +€737
up €737 (+43.6%), from €1,689 to €2,426
- Gross operating margin +€484
up €484 (+1.6%), from €29,501 to €29,985
- Financial charges -€365
down €365 (-50.5%), from €723 to €358
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 | €71,269 | €68,535 | -€2,734 | -3.8% |
| Fixed assets | 21/28 | €3,029 | €2,086 | -€944 | -31.1% |
| Tangible fixed assets | 22/27 | €1,029 | €86 | -€944 | -91.7% |
| Plant, machinery and equipment | 23 | €1,029 | €86 | -€944 | -91.7% |
| Financial fixed assets | 28 | €2,000 | €2,000 | = | 0.0% |
| Current assets | 29/58 | €68,240 | €66,449 | -€1,791 | -2.6% |
| Amounts receivable within one year | 40/41 | €31,400 | €16,464 | -€14,935 | -47.6% |
| Trade receivables | 40 | €17,654 | €16,219 | -€1,434 | -8.1% |
| Other amounts receivable | 41 | €13,746 | €245 | -€13,501 | -98.2% |
| Cash at bank and in hand | 54/58 | €35,294 | €41,630 | +€6,336 | +18.0% |
| Deferred charges and accrued income | 490/1 | €1,546 | €8,355 | +€6,809 | +440.3% |
| Total equity and liabilities | 10/49 | €71,269 | €68,535 | -€2,734 | -3.8% |
| Equity | 10/15 | €31,725 | €21,163 | -€10,562 | -33.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,725 | €1,163 | -€10,562 | -90.1% |
| Amounts payable | 17/49 | €39,544 | €47,372 | +€7,828 | +19.8% |
| Amounts payable within one year | 42/48 | €39,453 | €47,350 | +€7,898 | +20.0% |
| Trade debts | 44 | €22,608 | €2,296 | -€20,312 | -89.8% |
| Suppliers | 440/4 | €22,608 | €2,296 | -€20,312 | -89.8% |
| Taxes, remuneration and social security | 45 | €9,309 | €26,023 | +€16,714 | +179.5% |
| Taxes | 450/3 | €1,999 | €16,797 | +€14,798 | +740.3% |
| Remuneration and social security | 454/9 | €7,310 | €9,226 | +€1,916 | +26.2% |
| Other amounts payable | 47/48 | €7,535 | €19,031 | +€11,496 | +152.6% |
| Accrued charges and deferred income | 492/3 | €92 | €22 | -€70 | -76.3% |
| Remuneration, social security and pensions | 62 | €221 | - | -€221 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €923 | €944 | +€21 | +2.2% |
| Other operating charges | 640/8 | €1,689 | €2,426 | +€737 | +43.6% |
| Gross operating margin | 9900 | €29,501 | €29,985 | +€484 | +1.6% |
| Operating profit (loss) | 9901 | €26,667 | €26,615 | -€53 | -0.2% |
| Financial income | 75/76B | - | €6 | +€6 | |
| Recurring financial income | 75 | - | €6 | +€6 | |
| Financial charges | 65/66B | €723 | €358 | -€365 | -50.5% |
| Recurring financial charges | 65 | €723 | €358 | -€365 | -50.5% |
| Profit (loss) for the period before taxes | 9903 | €25,944 | €26,263 | +€319 | +1.2% |
| Income taxes | 67/77 | €6,719 | €6,825 | +€106 | +1.6% |
| Profit (loss) for the period | 9904 | €19,225 | €19,438 | +€213 | +1.1% |
| Profit (loss) for the period to be appropriated | 9905 | €19,225 | €19,438 | +€213 | +1.1% |
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 9 October 2026 via checked.be.