SENICE: 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.
SENICE
Largest movements
- Receivables after one year -€16,000
down €16,000 (-10.3%), from €156,000 to €140,000
- Trade debts -€9,662
down €9,662 (-96.4%), from €10,026 to €364
- Other debts -€7,087
down €7,087 (-97.8%), from €7,248 to €161
- Gross operating margin +€226
up €226, from -€195 to €31
- Depreciation -€212
no longer reported in 2025 (was €212)
- Other operating charges -€129
down €129 (-75.4%), from €171 to €42
- Financial charges -€118
down €118 (-67.8%), from €174 to €56
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €156,894 | €140,078 | -€16,816 | -10.7% |
| Current assets | 29/58 | €156,894 | €140,078 | -€16,816 | -10.7% |
| Amounts receivable after more than one year | 29 | €156,000 | €140,000 | -€16,000 | -10.3% |
| Other amounts receivable | 291 | €156,000 | €140,000 | -€16,000 | -10.3% |
| Amounts receivable within one year | 40/41 | €894 | €78 | -€816 | -91.3% |
| Other amounts receivable | 41 | €894 | €78 | -€816 | -91.3% |
| Total equity and liabilities | 10/49 | €156,894 | €140,078 | -€16,816 | -10.7% |
| Equity | 10/15 | €139,620 | €139,553 | -€67 | 0.0% |
| Contributions | 10/11 | €159,148 | €159,148 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€19,528 | -€19,595 | -€67 | -0.3% |
| Amounts payable | 17/49 | €17,274 | €525 | -€16,749 | -97.0% |
| Amounts payable within one year | 42/48 | €17,274 | €525 | -€16,749 | -97.0% |
| Trade debts | 44 | €10,026 | €364 | -€9,662 | -96.4% |
| Suppliers | 440/4 | €10,026 | €364 | -€9,662 | -96.4% |
| Other amounts payable | 47/48 | €7,248 | €161 | -€7,087 | -97.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €212 | - | -€212 | |
| Other operating charges | 640/8 | €171 | €42 | -€129 | -75.4% |
| Non-recurring operating charges | 66A | €500 | - | -€500 | |
| Gross operating margin | 9900 | -€195 | €31 | +€226 | |
| Operating profit (loss) | 9901 | -€1,078 | -€11 | +€1,067 | +99.0% |
| Financial charges | 65/66B | €174 | €56 | -€118 | -67.8% |
| Recurring financial charges | 65 | €174 | €56 | -€118 | -67.8% |
| Profit (loss) for the period before taxes | 9903 | -€1,252 | -€67 | +€1,185 | +94.6% |
| Profit (loss) for the period | 9904 | -€1,252 | -€67 | +€1,185 | +94.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,252 | -€67 | +€1,185 | +94.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.