Senales: what changed
Two fiscal 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.
Senales
Largest movements
- Tangible fixed assets +€201,604
up €201,604 (+482.2%), from €41,810 to €243,413
of which Land and buildings: +€215,000
- Cash +€49,379
up €49,379 (+17.3%), from €285,122 to €334,501
mainly Other debts (+€224,819) and Net result for the year (+€63,792)
- Receivables within one year +€32,247
up €32,247 (+226.1%), from €14,263 to €46,509
- Other debts +€224,819
up €224,819 (+2433.3%), from €9,239 to €234,058
- Profit (loss) carried forward +€63,792
up €63,792 (+32.7%), from €195,174 to €258,966
- Other operating charges +€26,140
up €26,140 (+5254.8%), from €497 to €26,638
- Gross operating margin -€22,103
down €22,103 (-14.3%), from €154,805 to €132,702
- Taxes -€13,512
down €13,512 (-41.9%), from €32,221 to €18,709
- Financial charges +€7,522
up €7,522 (+218.6%), from €3,442 to €10,964
- Financial income +€4,234
up €4,234 (+1658.7%), from €255 to €4,490
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 | €343,618 | €626,984 | +€283,366 | +82.5% |
| Fixed assets | 21/28 | €41,810 | €243,413 | +€201,604 | +482.2% |
| Tangible fixed assets | 22/27 | €41,810 | €243,413 | +€201,604 | +482.2% |
| Land and buildings | 22 | - | €215,000 | +€215,000 | |
| Plant, machinery and equipment | 23 | €651 | €487 | -€164 | -25.2% |
| Furniture and vehicles | 24 | €41,158 | €27,926 | -€13,232 | -32.1% |
| Current assets | 29/58 | €301,809 | €383,571 | +€81,763 | +27.1% |
| Amounts receivable within one year | 40/41 | €14,263 | €46,509 | +€32,247 | +226.1% |
| Trade receivables | 40 | €14,263 | €46,509 | +€32,247 | +226.1% |
| Cash at bank and in hand | 54/58 | €285,122 | €334,501 | +€49,379 | +17.3% |
| Deferred charges and accrued income | 490/1 | €2,424 | €2,561 | +€138 | +5.7% |
| Total equity and liabilities | 10/49 | €343,618 | €626,984 | +€283,366 | +82.5% |
| Equity | 10/15 | €230,174 | €293,966 | +€63,792 | +27.7% |
| Contributions | 10/11 | €35,000 | €35,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €195,174 | €258,966 | +€63,792 | +32.7% |
| Amounts payable | 17/49 | €113,444 | €333,018 | +€219,574 | +193.6% |
| Amounts payable after more than one year | 17 | €35,000 | €35,000 | = | 0.0% |
| Other amounts payable | 178/9 | €35,000 | €35,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €78,444 | €298,018 | +€219,574 | +279.9% |
| Trade debts | 44 | €1,003 | €638 | -€365 | -36.4% |
| Suppliers | 440/4 | €1,003 | €638 | -€365 | -36.4% |
| Taxes, remuneration and social security | 45 | €68,201 | €63,322 | -€4,879 | -7.2% |
| Taxes | 450/3 | €68,201 | €63,322 | -€4,879 | -7.2% |
| Other amounts payable | 47/48 | €9,239 | €234,058 | +€224,819 | +2433.3% |
| Remuneration, social security and pensions | 62 | - | €2,908 | +€2,908 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,673 | €14,181 | +€507 | +3.7% |
| Other operating charges | 640/8 | €497 | €26,638 | +€26,140 | +5254.8% |
| Gross operating margin | 9900 | €154,805 | €132,702 | -€22,103 | -14.3% |
| Operating profit (loss) | 9901 | €140,634 | €88,975 | -€51,659 | -36.7% |
| Financial income | 75/76B | €255 | €4,490 | +€4,234 | +1658.7% |
| Recurring financial income | 75 | €255 | €4,490 | +€4,234 | +1658.7% |
| Financial charges | 65/66B | €3,442 | €10,964 | +€7,522 | +218.6% |
| Recurring financial charges | 65 | €3,442 | €10,964 | +€7,522 | +218.6% |
| Profit (loss) for the period before taxes | 9903 | €137,448 | €82,501 | -€54,947 | -40.0% |
| Income taxes | 67/77 | €32,221 | €18,709 | -€13,512 | -41.9% |
| Profit (loss) for the period | 9904 | €105,227 | €63,792 | -€41,435 | -39.4% |
| Profit (loss) for the period to be appropriated | 9905 | €105,227 | €63,792 | -€41,435 | -39.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.