SENAY: 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.
SENAY
Largest movements
- Receivables within one year +€17,384
up €17,384 (+123.5%), from €14,078 to €31,462
of which Other amounts receivable: +€11,932
- Tangible fixed assets -€3,750
down €3,750 (-15.6%), from €23,984 to €20,234
of which Furniture and vehicles: -€3,750
- Cash -€2,076
down €2,076 (-49.3%), from €4,211 to €2,135
mainly Receivables within one year (-€17,384) and Net result for the year (-€12,120)
- Stocks and contracts -€1,331
down €1,331 (-45.5%), from €2,928 to €1,597
- Deferred charges and accrued income +€1,307
new in 2025: €1,307
- Profit (loss) carried forward +€11,442
up €11,442 (+21.3%), from -€53,781 to -€42,340
- Trade debts +€7,413
up €7,413 (+72.6%), from €10,216 to €17,629
- Debts after one year -€7,286
down €7,286 (-26.2%), from €27,839 to €20,552
- Tax, wage and social debts -€1,514
down €1,514 (-70.4%), from €2,149 to €635
of which Taxes: -€1,514
- Current portion of long-term debt +€1,086
up €1,086 (+7.7%), from €14,104 to €15,190
- Gross operating margin -€12,436
down €12,436 (-87.9%), from €14,146 to €1,709
- Depreciation -€4,903
down €4,903 (-53.6%), from €9,146 to €4,243
- Taxes +€2,866
up €2,866 (+491.5%), from €583 to €3,449
- Other operating charges +€1,814
up €1,814 (+122.7%), from €1,478 to €3,292
- Financial income -€497
down €497 (-33.7%), from €1,476 to €979
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 | €49,702 | €61,236 | +€11,533 | +23.2% |
| Fixed assets | 21/28 | €28,484 | €24,734 | -€3,750 | -13.2% |
| Tangible fixed assets | 22/27 | €23,984 | €20,234 | -€3,750 | -15.6% |
| Plant, machinery and equipment | 23 | €14,665 | €14,665 | = | 0.0% |
| Furniture and vehicles | 24 | €9,320 | €5,569 | -€3,750 | -40.2% |
| Other tangible fixed assets | 26 | - | €0 | = | |
| Financial fixed assets | 28 | €4,500 | €4,500 | = | 0.0% |
| Current assets | 29/58 | €21,218 | €36,502 | +€15,284 | +72.0% |
| Stocks and contracts in progress | 3 | €2,928 | €1,597 | -€1,331 | -45.5% |
| Stocks | 30/36 | €2,928 | €1,597 | -€1,331 | -45.5% |
| Amounts receivable within one year | 40/41 | €14,078 | €31,462 | +€17,384 | +123.5% |
| Trade receivables | 40 | €165 | €5,616 | +€5,451 | +3305.7% |
| Other amounts receivable | 41 | €13,913 | €25,846 | +€11,932 | +85.8% |
| Cash at bank and in hand | 54/58 | €4,211 | €2,135 | -€2,076 | -49.3% |
| Deferred charges and accrued income | 490/1 | - | €1,307 | +€1,307 | |
| Total equity and liabilities | 10/49 | €49,702 | €61,236 | +€11,533 | +23.2% |
| Equity | 10/15 | -€10,961 | €481 | +€11,442 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €24,221 | €24,221 | = | 0.0% |
| Distributable reserves | 133 | €24,221 | €24,221 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€53,781 | -€42,340 | +€11,442 | +21.3% |
| Amounts payable | 17/49 | €60,663 | €60,755 | +€92 | +0.2% |
| Amounts payable after more than one year | 17 | €27,839 | €20,552 | -€7,286 | -26.2% |
| Financial debts | 170/4 | €27,839 | €20,552 | -€7,286 | -26.2% |
| Amounts payable within one year | 42/48 | €26,469 | €33,454 | +€6,985 | +26.4% |
| Current portion of amounts payable after more than one year | 42 | €14,104 | €15,190 | +€1,086 | +7.7% |
| Trade debts | 44 | €10,216 | €17,629 | +€7,413 | +72.6% |
| Suppliers | 440/4 | €10,216 | €17,629 | +€7,413 | +72.6% |
| Taxes, remuneration and social security | 45 | €2,149 | €635 | -€1,514 | -70.4% |
| Taxes | 450/3 | €2,149 | €635 | -€1,514 | -70.4% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €6,355 | €6,748 | +€393 | +6.2% |
| Remuneration, social security and pensions | 62 | €276 | €232 | -€44 | -16.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,146 | €4,243 | -€4,903 | -53.6% |
| Other operating charges | 640/8 | €1,478 | €3,292 | +€1,814 | +122.7% |
| Gross operating margin | 9900 | €14,146 | €1,709 | -€12,436 | -87.9% |
| Operating profit (loss) | 9901 | €3,246 | -€6,058 | -€9,304 | |
| Financial income | 75/76B | €1,476 | €979 | -€497 | -33.7% |
| Recurring financial income | 75 | €1,476 | €979 | -€497 | -33.7% |
| Financial charges | 65/66B | €4,026 | €3,593 | -€433 | -10.8% |
| Recurring financial charges | 65 | €4,026 | €3,593 | -€433 | -10.8% |
| Profit (loss) for the period before taxes | 9903 | €696 | -€8,672 | -€9,367 | |
| Income taxes | 67/77 | €583 | €3,449 | +€2,866 | +491.5% |
| Profit (loss) for the period | 9904 | €113 | -€12,120 | -€12,233 | |
| Profit (loss) for the period to be appropriated | 9905 | €113 | -€12,120 | -€12,233 |
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.