SENFINA: 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.
SENFINA
Largest movements
- Cash -€6,809
down €6,809 (-65.1%), from €10,453 to €3,644
mainly Net result for the year (-€7,300) and Accrued charges and deferred income (-€1,471)
- Tangible fixed assets -€975
down €975 (-15.5%), from €6,272 to €5,297
- Deferred charges and accrued income +€698
new in 2024: €698
- Stocks and contracts -€547
down €547 (-2.0%), from €27,297 to €26,751
- Profit (loss) carried forward -€7,300
down €7,300 (-8.7%), from -€84,249 to -€91,549
- Accrued charges and deferred income -€1,471
down €1,471 (-79.0%), from €1,863 to €392
- Other debts +€1,119
up €1,119 (+2.5%), from €44,851 to €45,970
- Trade debts +€1,008
up €1,008 (+26.4%), from €3,819 to €4,826
- Tax, wage and social debts -€586
down €586 (-59.3%), from €987 to €402
- Gross operating margin +€7,414
up €7,414 (+88.5%), from -€8,377 to -€963
- Financial charges +€614
up €614 (+14.9%), from €4,121 to €4,734
- Financial income -€176
down €176 (-91.5%), from €192 to €16
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €47,271 | €40,041 | -€7,230 | -15.3% |
| Fixed assets | 21/28 | €6,272 | €5,297 | -€975 | -15.5% |
| Tangible fixed assets | 22/27 | €6,272 | €5,297 | -€975 | -15.5% |
| Plant, machinery and equipment | 23 | €6,272 | €5,297 | -€975 | -15.5% |
| Current assets | 29/58 | €41,000 | €34,744 | -€6,256 | -15.3% |
| Stocks and contracts in progress | 3 | €27,297 | €26,751 | -€547 | -2.0% |
| Stocks | 30/36 | €27,297 | €26,751 | -€547 | -2.0% |
| Amounts receivable within one year | 40/41 | €3,250 | €3,652 | +€402 | +12.4% |
| Trade receivables | 40 | €3,250 | €2,249 | -€1,001 | -30.8% |
| Other amounts receivable | 41 | - | €1,403 | +€1,403 | |
| Cash at bank and in hand | 54/58 | €10,453 | €3,644 | -€6,809 | -65.1% |
| Deferred charges and accrued income | 490/1 | - | €698 | +€698 | |
| Total equity and liabilities | 10/49 | €47,271 | €40,041 | -€7,230 | -15.3% |
| Equity | 10/15 | -€54,249 | -€61,549 | -€7,300 | -13.5% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€84,249 | -€91,549 | -€7,300 | -8.7% |
| Amounts payable | 17/49 | €101,520 | €101,590 | +€70 | +0.1% |
| Amounts payable after more than one year | 17 | €50,000 | €50,000 | = | 0.0% |
| Financial debts | 170/4 | €50,000 | €50,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €49,657 | €51,198 | +€1,541 | +3.1% |
| Trade debts | 44 | €3,819 | €4,826 | +€1,008 | +26.4% |
| Suppliers | 440/4 | €3,819 | €4,826 | +€1,008 | +26.4% |
| Taxes, remuneration and social security | 45 | €987 | €402 | -€586 | -59.3% |
| Taxes | 450/3 | €987 | €402 | -€586 | -59.3% |
| Other amounts payable | 47/48 | €44,851 | €45,970 | +€1,119 | +2.5% |
| Accrued charges and deferred income | 492/3 | €1,863 | €392 | -€1,471 | -79.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €975 | €975 | = | 0.0% |
| Other operating charges | 640/8 | €632 | €644 | +€12 | +1.9% |
| Gross operating margin | 9900 | -€8,377 | -€963 | +€7,414 | +88.5% |
| Operating profit (loss) | 9901 | -€9,984 | -€2,582 | +€7,402 | +74.1% |
| Financial income | 75/76B | €192 | €16 | -€176 | -91.5% |
| Recurring financial income | 75 | €192 | €16 | -€176 | -91.5% |
| Financial charges | 65/66B | €4,121 | €4,734 | +€614 | +14.9% |
| Recurring financial charges | 65 | €4,121 | €4,734 | +€614 | +14.9% |
| Profit (loss) for the period before taxes | 9903 | -€13,912 | -€7,300 | +€6,612 | +47.5% |
| Profit (loss) for the period | 9904 | -€13,912 | -€7,300 | +€6,612 | +47.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,912 | -€7,300 | +€6,612 | +47.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.