Senbazuru: 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.
Senbazuru
Largest movements
- Cash -€58,575
down €58,575 (-13.2%), from €442,584 to €384,009
mainly Contributions, distributions and other (-€689,263) and Receivables within one year (-€54,298)
- Receivables within one year +€54,298
up €54,298 (+27.3%), from €199,144 to €253,442
of which Other amounts receivable: +€54,298
- Deferred charges and accrued income -€51,802
down €51,802 (-39.1%), from €132,481 to €80,679
- Tangible fixed assets +€21,384
up €21,384 (+118.1%), from €18,101 to €39,485
of which Land and buildings: +€21,353
- Tax, wage and social debts -€45,272
down €45,272 (-68.3%), from €66,322 to €21,049
- Accrued charges and deferred income +€39,676
up €39,676 (+4145.4%), from €957 to €40,633
- Other debts -€24,897
down €24,897 (-3.5%), from €715,160 to €690,263
- Gross operating margin +€101,185
up €101,185 (+10.9%), from €926,006 to €1.0m
- Financial charges +€59,576
up €59,576 (+319.0%), from €18,673 to €78,249
- Financial income -€49,096
down €49,096 (-88.0%), from €55,804 to €6,708
- Taxes +€13,345
up €13,345 (+5.6%), from €236,759 to €250,104
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 | €792,311 | €757,616 | -€34,695 | -4.4% |
| Fixed assets | 21/28 | €18,101 | €39,485 | +€21,384 | +118.1% |
| Tangible fixed assets | 22/27 | €18,101 | €39,485 | +€21,384 | +118.1% |
| Land and buildings | 22 | - | €21,353 | +€21,353 | |
| Plant, machinery and equipment | 23 | €4,602 | €1,311 | -€3,291 | -71.5% |
| Furniture and vehicles | 24 | €13,499 | €16,821 | +€3,322 | +24.6% |
| Current assets | 29/58 | €774,209 | €718,130 | -€56,079 | -7.2% |
| Amounts receivable within one year | 40/41 | €199,144 | €253,442 | +€54,298 | +27.3% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €199,144 | €253,442 | +€54,298 | +27.3% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €442,584 | €384,009 | -€58,575 | -13.2% |
| Deferred charges and accrued income | 490/1 | €132,481 | €80,679 | -€51,802 | -39.1% |
| Total equity and liabilities | 10/49 | €792,311 | €757,616 | -€34,695 | -4.4% |
| Equity | 10/15 | €4,000 | €4,000 | = | 0.0% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €788,311 | €753,616 | -€34,695 | -4.4% |
| Amounts payable within one year | 42/48 | €787,354 | €712,983 | -€74,371 | -9.4% |
| Trade debts | 44 | €5,872 | €1,670 | -€4,202 | -71.6% |
| Suppliers | 440/4 | €5,872 | €1,670 | -€4,202 | -71.6% |
| Taxes, remuneration and social security | 45 | €66,322 | €21,049 | -€45,272 | -68.3% |
| Taxes | 450/3 | €66,322 | €21,049 | -€45,272 | -68.3% |
| Other amounts payable | 47/48 | €715,160 | €690,263 | -€24,897 | -3.5% |
| Accrued charges and deferred income | 492/3 | €957 | €40,633 | +€39,676 | +4145.4% |
| Remuneration, social security and pensions | 62 | €8,312 | €7,466 | -€846 | -10.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,381 | €5,360 | +€1,980 | +58.5% |
| Other operating charges | 640/8 | €931 | €3,457 | +€2,525 | +271.1% |
| Gross operating margin | 9900 | €926,006 | €1,027,192 | +€101,185 | +10.9% |
| Operating profit (loss) | 9901 | €913,382 | €1,010,908 | +€97,526 | +10.7% |
| Financial income | 75/76B | €55,804 | €6,708 | -€49,096 | -88.0% |
| Recurring financial income | 75 | €55,804 | €6,708 | -€49,096 | -88.0% |
| Financial charges | 65/66B | €18,673 | €78,249 | +€59,576 | +319.0% |
| Recurring financial charges | 65 | €18,673 | €78,249 | +€59,576 | +319.0% |
| Profit (loss) for the period before taxes | 9903 | €950,513 | €939,367 | -€11,145 | -1.2% |
| Income taxes | 67/77 | €236,759 | €250,104 | +€13,345 | +5.6% |
| Profit (loss) for the period | 9904 | €713,754 | €689,263 | -€24,491 | -3.4% |
| Profit (loss) for the period to be appropriated | 9905 | €713,754 | €689,263 | -€24,491 | -3.4% |
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 7 October 2026 via checked.be.