SENETAM: 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.
SENETAM
Largest movements
- Receivables after one year +€30,000
up €30,000 (+1.7%), from €1.8m to €1.8m
- Deferred charges and accrued income +€27,198
up €27,198 (+33.8%), from €80,475 to €107,673
- Other debts +€30,000
up €30,000 (+1.7%), from €1.8m to €1.8m
- Taxes -€3,308
down €3,308 (-93.9%), from €3,522 to €214
- Financial income +€3,253
up €3,253 (+13.6%), from €23,944 to €27,197
- Financial charges +€2,031
up €2,031 (+12.7%), from €15,979 to €18,010
- Gross operating margin +€228
up €228 (+17.5%), from -€1,301 to -€1,073
- Purchases and services -€228
down €228 (-17.5%), from €1,301 to €1,073
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 | €2,275,075 | €2,330,243 | +€55,168 | +2.4% |
| Fixed assets | 21/28 | €387,600 | €387,600 | = | 0.0% |
| Financial fixed assets | 28 | €387,600 | €387,600 | = | 0.0% |
| Current assets | 29/58 | €1,887,475 | €1,942,643 | +€55,168 | +2.9% |
| Amounts receivable after more than one year | 29 | €1,798,449 | €1,828,449 | +€30,000 | +1.7% |
| Other amounts receivable | 291 | €1,798,449 | €1,828,449 | +€30,000 | +1.7% |
| Cash at bank and in hand | 54/58 | €8,551 | €6,521 | -€2,030 | -23.7% |
| Deferred charges and accrued income | 490/1 | €80,475 | €107,673 | +€27,198 | +33.8% |
| Total equity and liabilities | 10/49 | €2,275,075 | €2,330,243 | +€55,168 | +2.4% |
| Equity | 10/15 | €441,688 | €449,589 | +€7,901 | +1.8% |
| Contributions | 10/11 | €430,000 | €430,000 | = | 0.0% |
| Capital | 10 | €430,000 | €430,000 | = | 0.0% |
| Issued capital | 100 | €430,000 | €430,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,688 | €19,589 | +€7,901 | +67.6% |
| Amounts payable | 17/49 | €1,833,387 | €1,880,654 | +€47,267 | +2.6% |
| Amounts payable within one year | 42/48 | €1,780,132 | €1,809,508 | +€29,376 | +1.7% |
| Taxes, remuneration and social security | 45 | €2,724 | €2,100 | -€624 | -22.9% |
| Taxes | 450/3 | €2,724 | €2,100 | -€624 | -22.9% |
| Other amounts payable | 47/48 | €1,777,408 | €1,807,408 | +€30,000 | +1.7% |
| Accrued charges and deferred income | 492/3 | €53,255 | €71,147 | +€17,892 | +33.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €1,301 | €1,073 | -€228 | -17.5% |
| Other operating charges | 640/8 | €0 | - | = | |
| Gross operating margin | 9900 | -€1,301 | -€1,073 | +€228 | +17.5% |
| Operating profit (loss) | 9901 | -€1,301 | -€1,073 | +€228 | +17.5% |
| Financial income | 75/76B | €23,944 | €27,197 | +€3,253 | +13.6% |
| Recurring financial income | 75 | €23,944 | €27,197 | +€3,253 | +13.6% |
| Financial charges | 65/66B | €15,979 | €18,010 | +€2,031 | +12.7% |
| Recurring financial charges | 65 | €15,979 | €18,010 | +€2,031 | +12.7% |
| Profit (loss) for the period before taxes | 9903 | €6,664 | €8,115 | +€1,451 | +21.8% |
| Income taxes | 67/77 | €3,522 | €214 | -€3,308 | -93.9% |
| Profit (loss) for the period | 9904 | €3,142 | €7,901 | +€4,759 | +151.5% |
| Profit (loss) for the period to be appropriated | 9905 | €3,142 | €7,901 | +€4,759 | +151.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.