SENI CONCEPT: 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.
SENI CONCEPT
Largest movements
- Receivables within one year +€18,023
up €18,023 (+813.9%), from €2,214 to €20,238
- Cash -€9,864
down €9,864 (-99.9%), from €9,869 to €5
mainly Receivables within one year (-€18,023) and Net result for the year (-€14,908)
- Tangible fixed assets -€895
down €895 (-64.3%), from €1,393 to €498
- Formation expenses -€300
down €300 (-29.0%), from €1,036 to €736
- Profit (loss) carried forward -€14,908
down €14,908 (-88.2%), from -€16,907 to -€31,815
- Trade debts +€11,782
up €11,782 (+125.6%), from €9,377 to €21,159
- Short-term financial debts +€10,187
new in 2025: €10,187
- Tax, wage and social debts -€971
down €971 (-6.0%), from €16,235 to €15,265
of which Taxes: -€981
- Other debts +€731
up €731 (+25.4%), from €2,872 to €3,603
- Gross operating margin +€2,491
up €2,491 (+21.7%), from -€11,506 to -€9,015
- Financial charges +€944
up €944 (+46.1%), from €2,049 to €2,992
- Depreciation -€562
down €562 (-32.0%), from €1,757 to €1,195
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 | €14,577 | €21,476 | +€6,899 | +47.3% |
| Formation expenses | 20 | €1,036 | €736 | -€300 | -29.0% |
| Fixed assets | 21/28 | €1,393 | €498 | -€895 | -64.3% |
| Tangible fixed assets | 22/27 | €1,393 | €498 | -€895 | -64.3% |
| Furniture and vehicles | 24 | €1,393 | €498 | -€895 | -64.3% |
| Current assets | 29/58 | €12,149 | €20,243 | +€8,094 | +66.6% |
| Amounts receivable within one year | 40/41 | €2,214 | €20,238 | +€18,023 | +813.9% |
| Trade receivables | 40 | €2,214 | €20,238 | +€18,023 | +813.9% |
| Cash at bank and in hand | 54/58 | €9,869 | €5 | -€9,864 | -99.9% |
| Deferred charges and accrued income | 490/1 | €66 | - | -€66 | |
| Total equity and liabilities | 10/49 | €14,577 | €21,476 | +€6,899 | +47.3% |
| Equity | 10/15 | -€13,907 | -€28,815 | -€14,908 | -107.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€16,907 | -€31,815 | -€14,908 | -88.2% |
| Amounts payable | 17/49 | €28,485 | €50,291 | +€21,806 | +76.6% |
| Amounts payable within one year | 42/48 | €28,485 | €50,213 | +€21,728 | +76.3% |
| Financial debts | 43 | - | €10,187 | +€10,187 | |
| Credit institutions | 430/8 | - | €10,187 | +€10,187 | |
| Trade debts | 44 | €9,377 | €21,159 | +€11,782 | +125.6% |
| Suppliers | 440/4 | €9,377 | €21,159 | +€11,782 | +125.6% |
| Taxes, remuneration and social security | 45 | €16,235 | €15,265 | -€971 | -6.0% |
| Taxes | 450/3 | €13,076 | €12,094 | -€981 | -7.5% |
| Remuneration and social security | 454/9 | €3,160 | €3,170 | +€11 | +0.3% |
| Other amounts payable | 47/48 | €2,872 | €3,603 | +€731 | +25.4% |
| Accrued charges and deferred income | 492/3 | - | €78 | +€78 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,757 | €1,195 | -€562 | -32.0% |
| Other operating charges | 640/8 | €1,240 | €1,301 | +€61 | +4.9% |
| Gross operating margin | 9900 | -€11,506 | -€9,015 | +€2,491 | +21.7% |
| Operating profit (loss) | 9901 | -€14,504 | -€11,511 | +€2,992 | +20.6% |
| Financial income | 75/76B | €0 | €1 | +€1 | +12000.0% |
| Recurring financial income | 75 | €0 | €1 | +€1 | +12000.0% |
| Financial charges | 65/66B | €2,049 | €2,992 | +€944 | +46.1% |
| Recurring financial charges | 65 | €2,049 | €2,992 | +€944 | +46.1% |
| Profit (loss) for the period before taxes | 9903 | -€16,552 | -€14,503 | +€2,050 | +12.4% |
| Income taxes | 67/77 | €355 | €405 | +€50 | +14.1% |
| Profit (loss) for the period | 9904 | -€16,907 | -€14,908 | +€2,000 | +11.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€16,907 | -€14,908 | +€2,000 | +11.8% |
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 28 September 2026 via checked.be.