SENICHER: 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.
SENICHER
Largest movements
- Receivables after one year -€43,508
down €43,508 (-100.0%), from €43,508 to €0
- Cash +€22,129
up €22,129 (+125.4%), from €17,650 to €39,779
mainly Net result for the year (+€44,990) and Receivables after one year (+€43,508)
- Receivables within one year +€7,841
up €7,841 (+58.6%), from €13,387 to €21,228
of which Trade receivables: +€9,369
- Tangible fixed assets +€1,059
up €1,059 (+4.3%), from €24,373 to €25,433
of which Plant, machinery and equipment: +€4,384
- Profit (loss) carried forward -€20,810
down €20,810 (-28.2%), from €73,864 to €53,054
- Tax, wage and social debts +€8,471
up €8,471 (+134.5%), from €6,296 to €14,767
- Trade debts -€1,026
down €1,026 (-15.2%), from €6,768 to €5,742
- Gross operating margin +€41,218
up €41,218 (+75.3%), from €54,713 to €95,930
- Taxes +€7,024
up €7,024 (+123.6%), from €5,682 to €12,706
- Staff costs +€2,101
up €2,101 (+6.9%), from €30,297 to €32,398
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 | €100,072 | €87,159 | -€12,913 | -12.9% |
| Fixed assets | 21/28 | €24,373 | €25,433 | +€1,059 | +4.3% |
| Tangible fixed assets | 22/27 | €24,373 | €25,433 | +€1,059 | +4.3% |
| Land and buildings | 22 | €23,615 | €20,682 | -€2,933 | -12.4% |
| Plant, machinery and equipment | 23 | - | €4,384 | +€4,384 | |
| Furniture and vehicles | 24 | €759 | €367 | -€392 | -51.7% |
| Current assets | 29/58 | €75,698 | €61,726 | -€13,972 | -18.5% |
| Amounts receivable after more than one year | 29 | €43,508 | €0 | -€43,508 | -100.0% |
| Other amounts receivable | 291 | €43,508 | €0 | -€43,508 | -100.0% |
| Amounts receivable within one year | 40/41 | €13,387 | €21,228 | +€7,841 | +58.6% |
| Trade receivables | 40 | €10,737 | €20,106 | +€9,369 | +87.3% |
| Other amounts receivable | 41 | €2,650 | €1,122 | -€1,527 | -57.6% |
| Cash at bank and in hand | 54/58 | €17,650 | €39,779 | +€22,129 | +125.4% |
| Deferred charges and accrued income | 490/1 | €1,154 | €719 | -€435 | -37.7% |
| Total equity and liabilities | 10/49 | €100,072 | €87,159 | -€12,913 | -12.9% |
| Equity | 10/15 | €86,659 | €65,848 | -€20,810 | -24.0% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €2,794 | €2,794 | = | 0.0% |
| Distributable reserves | 133 | €2,794 | €2,794 | = | 0.0% |
| Profit (loss) carried forward | 14 | €73,864 | €53,054 | -€20,810 | -28.2% |
| Amounts payable | 17/49 | €13,413 | €21,311 | +€7,898 | +58.9% |
| Amounts payable within one year | 42/48 | €13,064 | €21,309 | +€8,245 | +63.1% |
| Trade debts | 44 | €6,768 | €5,742 | -€1,026 | -15.2% |
| Suppliers | 440/4 | €6,768 | €5,742 | -€1,026 | -15.2% |
| Taxes, remuneration and social security | 45 | €6,296 | €14,767 | +€8,471 | +134.5% |
| Taxes | 450/3 | €6,296 | €14,767 | +€8,471 | +134.5% |
| Other amounts payable | 47/48 | - | €800 | +€800 | |
| Accrued charges and deferred income | 492/3 | €349 | €2 | -€347 | -99.4% |
| Non-recurring operating income | 76A | €54 | €0 | -€54 | -100.0% |
| Remuneration, social security and pensions | 62 | €30,297 | €32,398 | +€2,101 | +6.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,305 | €3,902 | +€597 | +18.1% |
| Other operating charges | 640/8 | €141 | €699 | +€559 | +397.5% |
| Gross operating margin | 9900 | €54,713 | €95,930 | +€41,218 | +75.3% |
| Operating profit (loss) | 9901 | €20,970 | €58,932 | +€37,961 | +181.0% |
| Financial income | 75/76B | €1,208 | €512 | -€696 | -57.6% |
| Recurring financial income | 75 | €1,208 | €512 | -€696 | -57.6% |
| Financial charges | 65/66B | €1,456 | €1,748 | +€292 | +20.1% |
| Recurring financial charges | 65 | €1,456 | €1,748 | +€292 | +20.1% |
| Profit (loss) for the period before taxes | 9903 | €20,722 | €57,695 | +€36,973 | +178.4% |
| Income taxes | 67/77 | €5,682 | €12,706 | +€7,024 | +123.6% |
| Profit (loss) for the period | 9904 | €15,040 | €44,990 | +€29,949 | +199.1% |
| Profit (loss) for the period to be appropriated | 9905 | €15,040 | €44,990 | +€29,949 | +199.1% |
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 7 October 2026 via checked.be.