SENGIER RIK: what changed
SENGIER RIK
Largest movements
- Receivables within one year +€3,765
up €3,765 (+15.9%), from €23,702 to €27,467
- Cash -€3,212
down €3,212 (-5.9%), from €54,098 to €50,887
mainly Current portion of long-term debt (-€15,330) and Receivables within one year (-€3,765)
- Tangible fixed assets -€3,064
down €3,064 (-13.6%), from €22,574 to €19,509
- Current portion of long-term debt -€15,330
no longer reported in 2025 (was €15,330)
- Profit (loss) carried forward +€12,821
up €12,821 (+3.8%), from -€334,467 to -€321,646
- Depreciation -€22,113
down €22,113 (-87.8%), from €25,177 to €3,064
- Financial income -€14,479
down €14,479 (-18.3%), from €79,040 to €64,561
- Gross operating margin -€12,403
down €12,403 (-35.0%), from -€35,395 to -€47,797
- Other operating charges -€703
down €703 (-59.8%), from €1,175 to €472
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €198,457 | €196,334 | -€2,123 | -1.1% |
| Fixed assets | 21/28 | €22,574 | €19,509 | -€3,064 | -13.6% |
| Tangible fixed assets | 22/27 | €22,574 | €19,509 | -€3,064 | -13.6% |
| Land and buildings | 22 | €9,261 | €8,102 | -€1,159 | -12.5% |
| Plant, machinery and equipment | 23 | €12,255 | €10,723 | -€1,532 | -12.5% |
| Furniture and vehicles | 24 | €1,058 | €684 | -€374 | -35.3% |
| Current assets | 29/58 | €175,883 | €176,825 | +€941 | +0.5% |
| Amounts receivable within one year | 40/41 | €23,702 | €27,467 | +€3,765 | +15.9% |
| Other amounts receivable | 41 | €23,702 | €27,467 | +€3,765 | +15.9% |
| Current investments | 50/53 | €97,822 | €98,470 | +€649 | +0.7% |
| Cash at bank and in hand | 54/58 | €54,098 | €50,887 | -€3,212 | -5.9% |
| Deferred charges and accrued income | 490/1 | €261 | - | -€261 | |
| Total equity and liabilities | 10/49 | €198,457 | €196,334 | -€2,123 | -1.1% |
| Equity | 10/15 | €183,047 | €195,868 | +€12,821 | +7.0% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Capital | 10 | €18,592 | €18,592 | = | 0.0% |
| Issued capital | 100 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €498,922 | €498,922 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Legal reserve | 130 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €497,063 | €497,063 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€334,467 | -€321,646 | +€12,821 | +3.8% |
| Amounts payable | 17/49 | €15,410 | €466 | -€14,944 | -97.0% |
| Amounts payable within one year | 42/48 | €15,410 | €466 | -€14,944 | -97.0% |
| Current portion of amounts payable after more than one year | 42 | €15,330 | - | -€15,330 | |
| Trade debts | 44 | €80 | €466 | +€386 | +484% |
| Suppliers | 440/4 | €80 | €466 | +€386 | +484% |
| Remuneration, social security and pensions | 62 | €8 | - | -€8 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,177 | €3,064 | -€22,113 | -87.8% |
| Other operating charges | 640/8 | €1,175 | €472 | -€703 | -59.8% |
| Gross operating margin | 9900 | -€35,395 | -€47,797 | -€12,403 | -35.0% |
| Operating profit (loss) | 9901 | -€61,755 | -€51,334 | +€10,422 | +16.9% |
| Financial income | 75/76B | €79,040 | €64,561 | -€14,479 | -18.3% |
| Recurring financial income | 75 | €79,040 | €64,561 | -€14,479 | -18.3% |
| Financial charges | 65/66B | €595 | €146 | -€449 | -75.4% |
| Recurring financial charges | 65 | €595 | €146 | -€449 | -75.4% |
| Profit (loss) for the period before taxes | 9903 | €16,689 | €13,081 | -€3,608 | -21.6% |
| Income taxes | 67/77 | €281 | €260 | -€21 | -7.5% |
| Profit (loss) for the period | 9904 | €16,408 | €12,821 | -€3,587 | -21.9% |
| Profit (loss) for the period to be appropriated | 9905 | €16,408 | €12,821 | -€3,587 | -21.9% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.