SENDA - KOT: 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.
SENDA - KOT
Largest movements
- Receivables within one year -€12,041
down €12,041 (-34.8%), from €34,605 to €22,564
of which Other amounts receivable: -€21,897
- Tangible fixed assets -€4,876
down €4,876 (-4.8%), from €102,017 to €97,141
of which Land and buildings: -€2,698
- Reserves -€16,000
down €16,000 (-10.7%), from €149,746 to €133,746
of which Distributable reserves: -€16,000
- Other debts +€10,955
up €10,955 (+48.3%), from €22,695 to €33,650
- Trade debts -€8,264
down €8,264 (-96.9%), from €8,530 to €266
- Financial charges +€3,416
up €3,416 (+277%), from €1,234 to €4,650
- Taxes -€1,520
down €1,520 (-32.5%), from €4,675 to €3,155
- Gross operating margin -€1,028
down €1,028 (-2.5%), from €41,601 to €40,573
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 | €325,065 | €309,431 | -€15,634 | -4.8% |
| Fixed assets | 21/28 | €102,097 | €97,221 | -€4,876 | -4.8% |
| Tangible fixed assets | 22/27 | €102,017 | €97,141 | -€4,876 | -4.8% |
| Land and buildings | 22 | €33,509 | €30,811 | -€2,698 | -8.1% |
| Plant, machinery and equipment | 23 | €63,743 | €63,955 | +€212 | +0.3% |
| Furniture and vehicles | 24 | €4,765 | €2,375 | -€2,390 | -50.2% |
| Financial fixed assets | 28 | €80 | €80 | = | 0.0% |
| Current assets | 29/58 | €222,968 | €212,210 | -€10,758 | -4.8% |
| Amounts receivable within one year | 40/41 | €34,605 | €22,564 | -€12,041 | -34.8% |
| Trade receivables | 40 | - | €9,856 | +€9,856 | |
| Other amounts receivable | 41 | €34,605 | €12,708 | -€21,897 | -63.3% |
| Cash at bank and in hand | 54/58 | €185,866 | €184,842 | -€1,024 | -0.6% |
| Deferred charges and accrued income | 490/1 | €2,497 | €4,804 | +€2,307 | +92.4% |
| Total equity and liabilities | 10/49 | €325,065 | €309,431 | -€15,634 | -4.8% |
| Equity | 10/15 | €287,280 | €271,395 | -€15,885 | -5.5% |
| Contributions | 10/11 | €88,624 | €88,624 | = | 0.0% |
| Capital | 10 | €88,624 | €88,624 | = | 0.0% |
| Issued capital | 100 | €88,624 | €88,624 | = | 0.0% |
| Reserves | 13 | €149,746 | €133,746 | -€16,000 | -10.7% |
| Non-distributable reserves | 130/1 | €8,862 | €8,862 | = | 0.0% |
| Legal reserve | 130 | €8,862 | €8,862 | = | 0.0% |
| Distributable reserves | 133 | €140,884 | €124,884 | -€16,000 | -11.4% |
| Profit (loss) carried forward | 14 | €48,910 | €49,025 | +€115 | +0.2% |
| Amounts payable | 17/49 | €37,785 | €38,036 | +€251 | +0.7% |
| Amounts payable within one year | 42/48 | €37,785 | €38,036 | +€251 | +0.7% |
| Trade debts | 44 | €8,530 | €266 | -€8,264 | -96.9% |
| Suppliers | 440/4 | €8,530 | €266 | -€8,264 | -96.9% |
| Taxes, remuneration and social security | 45 | €6,560 | €4,120 | -€2,440 | -37.2% |
| Taxes | 450/3 | €5,175 | €3,099 | -€2,076 | -40.1% |
| Remuneration and social security | 454/9 | €1,385 | €1,021 | -€364 | -26.3% |
| Other amounts payable | 47/48 | €22,695 | €33,650 | +€10,955 | +48.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,881 | €9,965 | +€84 | +0.9% |
| Other operating charges | 640/8 | €16,499 | €16,342 | -€157 | -1.0% |
| Non-recurring operating charges | 66A | - | €210 | +€210 | |
| Gross operating margin | 9900 | €41,601 | €40,573 | -€1,028 | -2.5% |
| Operating profit (loss) | 9901 | €15,221 | €14,056 | -€1,165 | -7.7% |
| Financial income | 75/76B | €1,883 | €1,864 | -€19 | -1.0% |
| Recurring financial income | 75 | €1,883 | €1,864 | -€19 | -1.0% |
| Financial charges | 65/66B | €1,234 | €4,650 | +€3,416 | +277% |
| Recurring financial charges | 65 | €1,234 | €4,650 | +€3,416 | +277% |
| Profit (loss) for the period before taxes | 9903 | €15,870 | €11,270 | -€4,600 | -29.0% |
| Income taxes | 67/77 | €4,675 | €3,155 | -€1,520 | -32.5% |
| Profit (loss) for the period | 9904 | €11,195 | €8,115 | -€3,080 | -27.5% |
| Profit (loss) for the period to be appropriated | 9905 | €11,195 | €8,115 | -€3,080 | -27.5% |
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 30 October 2026 via checked.be.