SENA NEHIR: 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.
SENA NEHIR
Largest movements
- Receivables within one year +€59,401
up €59,401 (+98.7%), from €60,191 to €119,592
of which Other amounts receivable: +€48,543
- Cash -€11,876
down €11,876 (-20.1%), from €59,215 to €47,339
mainly Receivables within one year (-€59,401) and Tax, wage and social debts (-€7,957)
- Stocks and contracts +€3,000
up €3,000 (+6.9%), from €43,705 to €46,705
- Profit (loss) carried forward +€55,265
up €55,265 (+37.6%), from €147,070 to €202,335
- Tax, wage and social debts -€7,957
down €7,957 (-48.6%), from €16,379 to €8,422
of which Taxes: -€5,347
- Trade debts +€2,913
up €2,913 (+523%), from €557 to €3,469
- Gross operating margin -€68,846
down €68,846 (-42.7%), from €161,407 to €92,562
- Staff costs +€16,407
up €16,407 (+24.2%), from €67,900 to €84,306
- Financial charges -€9,868
down €9,868 (-99.8%), from €9,890 to €22
of which Non-recurring financial charges: -€9,890
- Depreciation -€4,875
down €4,875 (-94.1%), from €5,179 to €305
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 | €164,205 | €214,426 | +€50,220 | +30.6% |
| Fixed assets | 21/28 | €1,094 | €790 | -€305 | -27.9% |
| Tangible fixed assets | 22/27 | €914 | €610 | -€305 | -33.3% |
| Plant, machinery and equipment | 23 | €914 | €610 | -€305 | -33.3% |
| Financial fixed assets | 28 | €180 | €180 | = | 0.0% |
| Current assets | 29/58 | €163,111 | €213,636 | +€50,525 | +31.0% |
| Stocks and contracts in progress | 3 | €43,705 | €46,705 | +€3,000 | +6.9% |
| Stocks | 30/36 | €43,705 | €46,705 | +€3,000 | +6.9% |
| Amounts receivable within one year | 40/41 | €60,191 | €119,592 | +€59,401 | +98.7% |
| Trade receivables | 40 | - | €10,858 | +€10,858 | |
| Other amounts receivable | 41 | €60,191 | €108,734 | +€48,543 | +80.6% |
| Cash at bank and in hand | 54/58 | €59,215 | €47,339 | -€11,876 | -20.1% |
| Total equity and liabilities | 10/49 | €164,205 | €214,426 | +€50,220 | +30.6% |
| Equity | 10/15 | €147,270 | €202,535 | +€55,265 | +37.5% |
| Contributions | 10/11 | €200 | €200 | = | 0.0% |
| Contributions outside capital | 11 | - | €200 | +€200 | |
| Share premium | 1100/10 | - | €200 | +€200 | |
| Profit (loss) carried forward | 14 | €147,070 | €202,335 | +€55,265 | +37.6% |
| Amounts payable | 17/49 | €16,936 | €11,891 | -€5,045 | -29.8% |
| Amounts payable within one year | 42/48 | €16,936 | €11,891 | -€5,045 | -29.8% |
| Trade debts | 44 | €557 | €3,469 | +€2,913 | +523% |
| Suppliers | 440/4 | €557 | €3,469 | +€2,913 | +523% |
| Taxes, remuneration and social security | 45 | €16,379 | €8,422 | -€7,957 | -48.6% |
| Taxes | 450/3 | €13,769 | €8,422 | -€5,347 | -38.8% |
| Remuneration and social security | 454/9 | €2,610 | - | -€2,610 | |
| Remuneration, social security and pensions | 62 | €67,900 | €84,306 | +€16,407 | +24.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,179 | €305 | -€4,875 | -94.1% |
| Other operating charges | 640/8 | €228 | €1,221 | +€994 | +436% |
| Gross operating margin | 9900 | €161,407 | €92,562 | -€68,846 | -42.7% |
| Operating profit (loss) | 9901 | €88,101 | €6,729 | -€81,371 | -92.4% |
| Financial charges | 65/66B | €9,890 | €22 | -€9,868 | -99.8% |
| Recurring financial charges | 65 | €9,890 | €22 | -€9,868 | -99.8% |
| Non-recurring financial charges | 66B | €9,890 | - | -€9,890 | |
| Profit (loss) for the period before taxes | 9903 | €78,211 | €6,707 | -€71,503 | -91.4% |
| Profit (loss) for the period | 9904 | €78,211 | €6,707 | -€71,503 | -91.4% |
| Profit (loss) for the period to be appropriated | 9905 | €78,211 | €6,707 | -€71,503 | -91.4% |
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 25 October 2026 via checked.be.