SENGA-EUROTRANS: 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.
SENGA-EUROTRANS
Largest movements
- Receivables within one year -€47,152
down €47,152 (-32.9%), from €143,261 to €96,109
of which Other amounts receivable: -€44,510
- Tangible fixed assets +€21,794
up €21,794 (+22.9%), from €95,357 to €117,152
of which Furniture and vehicles: +€24,139
- Deferred charges and accrued income +€11,287
up €11,287 (+43.7%), from €25,822 to €37,109
- Cash +€2,737
new in 2025: €2,737
mainly Trade debts (+€77,039) and Depreciation (+€59,205)
- Profit (loss) carried forward -€108,283
down €108,283, from €28,461 to -€79,823
- Trade debts +€77,039
up €77,039 (+84.9%), from €90,794 to €167,833
- Tax, wage and social debts -€36,677
down €36,677 (-39.7%), from €92,334 to €55,658
of which Taxes: -€18,885
- Debts after one year +€25,349
up €25,349 (+112%), from €22,708 to €48,057
- Short-term financial debts +€15,244
up €15,244 (+223%), from €6,824 to €22,069
- Staff costs +€97,374
up €97,374 (+68.8%), from €141,475 to €238,849
- Gross operating margin -€13,065
down €13,065 (-5.6%), from €233,160 to €220,096
- Depreciation +€12,217
up €12,217 (+26.0%), from €46,988 to €59,205
- Taxes -€7,398
down €7,398 (-58.2%), from €12,717 to €5,319
- Financial charges +€6,041
up €6,041 (+56.2%), from €10,753 to €16,795
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 | €269,811 | €258,267 | -€11,543 | -4.3% |
| Fixed assets | 21/28 | €100,727 | €122,312 | +€21,584 | +21.4% |
| Tangible fixed assets | 22/27 | €95,357 | €117,152 | +€21,794 | +22.9% |
| Plant, machinery and equipment | 23 | €10,563 | €8,218 | -€2,345 | -22.2% |
| Furniture and vehicles | 24 | €84,795 | €108,934 | +€24,139 | +28.5% |
| Financial fixed assets | 28 | €5,370 | €5,160 | -€210 | -3.9% |
| Current assets | 29/58 | €169,083 | €135,956 | -€33,128 | -19.6% |
| Amounts receivable within one year | 40/41 | €143,261 | €96,109 | -€47,152 | -32.9% |
| Trade receivables | 40 | €94,661 | €92,019 | -€2,642 | -2.8% |
| Other amounts receivable | 41 | €48,600 | €4,090 | -€44,510 | -91.6% |
| Cash at bank and in hand | 54/58 | - | €2,737 | +€2,737 | |
| Deferred charges and accrued income | 490/1 | €25,822 | €37,109 | +€11,287 | +43.7% |
| Total equity and liabilities | 10/49 | €269,811 | €258,267 | -€11,543 | -4.3% |
| Equity | 10/15 | €33,261 | -€75,023 | -€108,283 | |
| Contributions | 10/11 | €4,800 | €4,800 | = | 0.0% |
| Capital | 10 | €4,800 | - | -€4,800 | |
| Issued capital | 100 | €4,800 | - | -€4,800 | |
| Profit (loss) carried forward | 14 | €28,461 | -€79,823 | -€108,283 | |
| Amounts payable | 17/49 | €236,550 | €333,290 | +€96,740 | +40.9% |
| Amounts payable after more than one year | 17 | €22,708 | €48,057 | +€25,349 | +112% |
| Financial debts | 170/4 | €22,708 | €48,057 | +€25,349 | +112% |
| Amounts payable within one year | 42/48 | €212,286 | €281,562 | +€69,277 | +32.6% |
| Current portion of amounts payable after more than one year | 42 | €22,333 | €36,003 | +€13,670 | +61.2% |
| Financial debts | 43 | €6,824 | €22,069 | +€15,244 | +223% |
| Credit institutions | 430/8 | €6,824 | €22,069 | +€15,244 | +223% |
| Trade debts | 44 | €90,794 | €167,833 | +€77,039 | +84.9% |
| Suppliers | 440/4 | €90,794 | €167,833 | +€77,039 | +84.9% |
| Taxes, remuneration and social security | 45 | €92,334 | €55,658 | -€36,677 | -39.7% |
| Taxes | 450/3 | €56,572 | €37,687 | -€18,885 | -33.4% |
| Remuneration and social security | 454/9 | €35,763 | €17,971 | -€17,792 | -49.7% |
| Accrued charges and deferred income | 492/3 | €1,556 | €3,671 | +€2,114 | +136% |
| Remuneration, social security and pensions | 62 | €141,475 | €238,849 | +€97,374 | +68.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,988 | €59,205 | +€12,217 | +26.0% |
| Other operating charges | 640/8 | €4,828 | €9,538 | +€4,709 | +97.5% |
| Gross operating margin | 9900 | €233,160 | €220,096 | -€13,065 | -5.6% |
| Operating profit (loss) | 9901 | €39,869 | -€87,496 | -€127,365 | |
| Financial income | 75/76B | €1,386 | €1,326 | -€60 | -4.3% |
| Recurring financial income | 75 | €1,386 | €1,326 | -€60 | -4.3% |
| Financial charges | 65/66B | €10,753 | €16,795 | +€6,041 | +56.2% |
| Recurring financial charges | 65 | €10,753 | €16,795 | +€6,041 | +56.2% |
| Profit (loss) for the period before taxes | 9903 | €30,502 | -€102,964 | -€133,466 | |
| Income taxes | 67/77 | €12,717 | €5,319 | -€7,398 | -58.2% |
| Profit (loss) for the period | 9904 | €17,785 | -€108,283 | -€126,068 | |
| Profit (loss) for the period to be appropriated | 9905 | €17,785 | -€108,283 | -€126,068 |
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 27 October 2026 via checked.be.