Senico: 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.
What changed
Senico
NACE 46.432, Wholesale trade
fiscal year 2025 against 2026filed annual accounts (NBB)
Net result for the year
€1.3m
2025 · €932,899+€386,599
Equity
€584,865
2025 · €215,829+€369,036
Cash
€466,942
2025 · €483,032-€16,090
Balance sheet total
€1.8m
2025 · €1.4m+€457,102
Largest movements
Assets
- Tangible fixed assets +€463,995
up €463,995 (+198.9%), from €233,259 to €697,254
of which Other tangible fixed assets: +€474,000
Equity and liabilities
- Contributions +€474,000
up €474,000 (+2548.4%), from €18,600 to €492,600
- Tax, wage and social debts +€225,785
up €225,785 (+139.9%), from €161,370 to €387,155
of which Taxes: +€230,740
- Other debts -€125,045
down €125,045 (-13.9%), from €900,696 to €775,650
- Reserves -€104,964
down €104,964 (-53.2%), from €197,229 to €92,265
Income statement
- Gross operating margin +€538,708
up €538,708 (+40.6%), from €1.3m to €1.9m
- Taxes +€145,718
up €145,718 (+46.1%), from €316,379 to €462,097
From the 2025 result to the 2026 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.
Result 2025
€932,899
Gross operating margin
+€538,708
Staff costs
-€2,289
Depreciation
-€526
Other operating charges
+€1,363
Financial income
-€4,825
Financial charges
-€113
Taxes
-€145,718
Result 2026
€1.3m
Cash bridge derived
Derived from the 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€1.4m
Investment
-€478,384
Financing
-€964,611
Cash 2025
€483,032
From operations (derived)
+€1.4m
Net result for the year
+€1.3m
Depreciation
+€14,389
Receivables within one year
-€9,198
Trade debts
+€1,475
Tax, wage and social debts
+€225,785
Other debts
-€125,045
Investment (derived)
-€478,384
Investment in fixed assets (net)
-€478,384
Financing
-€964,611
Debts after one year
-€14,261
Current portion of long-term debt
+€112
Contributions, distributions and other
-€950,462
Cash 2026
€466,942
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,385,382 | €1,842,484 | +€457,102 | +33.0% |
| Fixed assets | 21/28 | €233,355 | €697,349 | +€463,995 | +198.8% |
| Tangible fixed assets | 22/27 | €233,259 | €697,254 | +€463,995 | +198.9% |
| Land and buildings | 22 | €215,279 | €207,068 | -€8,211 | -3.8% |
| Furniture and vehicles | 24 | €17,981 | €16,186 | -€1,795 | -10.0% |
| Other tangible fixed assets | 26 | - | €474,000 | +€474,000 | |
| Financial fixed assets | 28 | €95 | €95 | = | 0.0% |
| Current assets | 29/58 | €1,152,027 | €1,145,135 | -€6,892 | -0.6% |
| Amounts receivable within one year | 40/41 | €668,995 | €678,193 | +€9,198 | +1.4% |
| Trade receivables | 40 | €668,995 | €678,193 | +€9,198 | +1.4% |
| Other amounts receivable | 41 | €0 | - | = | |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €483,032 | €466,942 | -€16,090 | -3.3% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €1,385,382 | €1,842,484 | +€457,102 | +33.0% |
| Equity | 10/15 | €215,829 | €584,865 | +€369,036 | +171.0% |
| Contributions | 10/11 | €18,600 | €492,600 | +€474,000 | +2548.4% |
| Reserves | 13 | €197,229 | €92,265 | -€104,964 | -53.2% |
| Distributable reserves | 133 | €197,229 | €92,265 | -€104,964 | -53.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €1,169,553 | €1,257,619 | +€88,066 | +7.5% |
| Amounts payable after more than one year | 17 | €89,323 | €75,062 | -€14,261 | -16.0% |
| Financial debts | 170/4 | €89,323 | €75,062 | -€14,261 | -16.0% |
| Amounts payable within one year | 42/48 | €1,080,230 | €1,182,557 | +€102,327 | +9.5% |
| Current portion of amounts payable after more than one year | 42 | €15,326 | €15,438 | +€112 | +0.7% |
| Trade debts | 44 | €2,838 | €4,313 | +€1,475 | +52.0% |
| Suppliers | 440/4 | €2,838 | €4,313 | +€1,475 | +52.0% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €161,370 | €387,155 | +€225,785 | +139.9% |
| Taxes | 450/3 | €154,415 | €385,155 | +€230,740 | +149.4% |
| Remuneration and social security | 454/9 | €6,955 | €2,000 | -€4,955 | -71.2% |
| Other amounts payable | 47/48 | €900,696 | €775,650 | -€125,045 | -13.9% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €66,042 | €68,332 | +€2,289 | +3.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,863 | €14,389 | +€526 | +3.8% |
| Other operating charges | 640/8 | €2,635 | €1,272 | -€1,363 | -51.7% |
| Gross operating margin | 9900 | €1,325,588 | €1,864,296 | +€538,708 | +40.6% |
| Operating profit (loss) | 9901 | €1,243,048 | €1,780,303 | +€537,255 | +43.2% |
| Financial income | 75/76B | €8,506 | €3,680 | -€4,825 | -56.7% |
| Recurring financial income | 75 | €8,506 | €3,680 | -€4,825 | -56.7% |
| Financial charges | 65/66B | €2,275 | €2,388 | +€113 | +5.0% |
| Recurring financial charges | 65 | €2,275 | €2,388 | +€113 | +5.0% |
| Profit (loss) for the period before taxes | 9903 | €1,249,279 | €1,781,595 | +€532,317 | +42.6% |
| Income taxes | 67/77 | €316,379 | €462,097 | +€145,718 | +46.1% |
| Profit (loss) for the period | 9904 | €932,899 | €1,319,498 | +€386,599 | +41.4% |
| Profit (loss) for the period to be appropriated | 9905 | €932,899 | €1,319,498 | +€386,599 | +41.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2025 and 30 June 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.