SENDIAM: 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.
SENDIAM
Largest movements
- Tangible fixed assets -€2,777
down €2,777 (-6.8%), from €40,935 to €38,158
of which Land and buildings: -€3,570
- Receivables within one year -€1,818
down €1,818 (-40.0%), from €4,540 to €2,722
- Other debts -€18,900
down €18,900 (-22.9%), from €82,466 to €63,566
- Profit (loss) carried forward +€12,901
up €12,901 (+14.3%), from -€90,064 to -€77,163
- Tax, wage and social debts +€1,448
up €1,448 (+127.2%), from €1,138 to €2,586
- Gross operating margin -€5,441
down €5,441 (-21.1%), from €25,808 to €20,367
- Taxes +€1,115
new in 2025: €1,115
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 | €45,483 | €40,932 | -€4,551 | -10.0% |
| Fixed assets | 21/28 | €40,935 | €38,158 | -€2,777 | -6.8% |
| Tangible fixed assets | 22/27 | €40,935 | €38,158 | -€2,777 | -6.8% |
| Land and buildings | 22 | €39,422 | €35,852 | -€3,570 | -9.1% |
| Plant, machinery and equipment | 23 | €1,513 | €1,358 | -€155 | -10.2% |
| Furniture and vehicles | 24 | - | €948 | +€948 | |
| Current assets | 29/58 | €4,548 | €2,774 | -€1,774 | -39.0% |
| Amounts receivable within one year | 40/41 | €4,540 | €2,722 | -€1,818 | -40.0% |
| Trade receivables | 40 | €4,540 | €2,722 | -€1,818 | -40.0% |
| Cash at bank and in hand | 54/58 | €8 | €52 | +€44 | +550.0% |
| Total equity and liabilities | 10/49 | €45,483 | €40,932 | -€4,551 | -10.0% |
| Equity | 10/15 | -€38,121 | -€25,220 | +€12,901 | +33.8% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €33,351 | €33,351 | = | 0.0% |
| Non-distributable reserves | 130/1 | €157 | €157 | = | 0.0% |
| Reserves not available under the articles | 1311 | €157 | €157 | = | 0.0% |
| Distributable reserves | 133 | €33,194 | €33,194 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€90,064 | -€77,163 | +€12,901 | +14.3% |
| Amounts payable | 17/49 | €83,604 | €66,152 | -€17,452 | -20.9% |
| Amounts payable within one year | 42/48 | €83,604 | €66,152 | -€17,452 | -20.9% |
| Taxes, remuneration and social security | 45 | €1,138 | €2,586 | +€1,448 | +127.2% |
| Taxes | 450/3 | €1,138 | €2,586 | +€1,448 | +127.2% |
| Other amounts payable | 47/48 | €82,466 | €63,566 | -€18,900 | -22.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,407 | €4,516 | +€109 | +2.5% |
| Other operating charges | 640/8 | €1,740 | €1,793 | +€53 | +3.0% |
| Gross operating margin | 9900 | €25,808 | €20,367 | -€5,441 | -21.1% |
| Operating profit (loss) | 9901 | €19,661 | €14,058 | -€5,603 | -28.5% |
| Financial charges | 65/66B | €42 | €42 | = | 0.0% |
| Recurring financial charges | 65 | €42 | €42 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €19,619 | €14,016 | -€5,603 | -28.6% |
| Income taxes | 67/77 | - | €1,115 | +€1,115 | |
| Profit (loss) for the period | 9904 | €19,619 | €12,901 | -€6,718 | -34.2% |
| Profit (loss) for the period to be appropriated | 9905 | €19,619 | €12,901 | -€6,718 | -34.2% |
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.