Sench: 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.
Sench
Largest movements
- Cash -€11,550
down €11,550 (-90.6%), from €12,753 to €1,204
mainly Contributions, distributions and other (-€14,000) and Trade debts (-€453)
- Formation expenses -€950
no longer reported in 2025 (was €950)
- Financial fixed assets -€780
no longer reported in 2025 (was €780)
- Receivables within one year -€339
down €339 (-57.1%), from €593 to €254
of which Trade receivables: -€593
- Contributions -€14,000
down €14,000 (-20.0%), from €70,000 to €56,000
- Profit (loss) carried forward +€953
up €953 (+1.7%), from -€55,495 to -€54,542
- Trade debts -€453
no longer reported in 2025 (was €453)
- Gross operating margin +€57,045
up €57,045, from -€54,439 to €2,606
- Depreciation +€754
up €754 (+384%), from €196 to €950
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 | €15,076 | €1,458 | -€13,618 | -90.3% |
| Formation expenses | 20 | €950 | - | -€950 | |
| Fixed assets | 21/28 | €780 | - | -€780 | |
| Financial fixed assets | 28 | €780 | - | -€780 | |
| Current assets | 29/58 | €13,346 | €1,458 | -€11,888 | -89.1% |
| Amounts receivable within one year | 40/41 | €593 | €254 | -€339 | -57.1% |
| Trade receivables | 40 | €593 | - | -€593 | |
| Other amounts receivable | 41 | - | €254 | +€254 | |
| Cash at bank and in hand | 54/58 | €12,753 | €1,204 | -€11,550 | -90.6% |
| Total equity and liabilities | 10/49 | €15,076 | €1,458 | -€13,618 | -90.3% |
| Equity | 10/15 | €14,505 | €1,458 | -€13,047 | -89.9% |
| Contributions | 10/11 | €70,000 | €56,000 | -€14,000 | -20.0% |
| Profit (loss) carried forward | 14 | -€55,495 | -€54,542 | +€953 | +1.7% |
| Amounts payable | 17/49 | €571 | - | -€571 | |
| Amounts payable within one year | 42/48 | €571 | - | -€571 | |
| Trade debts | 44 | €453 | - | -€453 | |
| Suppliers | 440/4 | €453 | - | -€453 | |
| Taxes, remuneration and social security | 45 | €118 | - | -€118 | |
| Taxes | 450/3 | €118 | - | -€118 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €196 | €950 | +€754 | +384% |
| Other operating charges | 640/8 | €772 | €790 | +€18 | +2.3% |
| Gross operating margin | 9900 | -€54,439 | €2,606 | +€57,045 | |
| Operating profit (loss) | 9901 | -€55,407 | €866 | +€56,273 | |
| Financial income | 75/76B | €0 | €118 | +€118 | +38,116% |
| Recurring financial income | 75 | €0 | €118 | +€118 | +38,116% |
| Financial charges | 65/66B | €88 | €32 | -€57 | -64.0% |
| Recurring financial charges | 65 | €88 | €32 | -€57 | -64.0% |
| Profit (loss) for the period before taxes | 9903 | -€55,495 | €953 | +€56,448 | |
| Profit (loss) for the period | 9904 | -€55,495 | €953 | +€56,448 | |
| Profit (loss) for the period to be appropriated | 9905 | -€55,495 | €953 | +€56,448 |
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 18 October 2026 via checked.be.