SENIOR ASSIST: what changed
Two financial 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.
SENIOR ASSIST
Largest movements
- Receivables after one year -€12.6m
down €12.6m (-20.0%), from €63.0m to €50.4m
- Receivables within one year -€2.9m
down €2.9m (-80.5%), from €3.6m to €693,582
of which Other amounts receivable: -€2.6m
- Financial fixed assets -€1.6m
down €1.6m (-70.4%), from €2.2m to €655,156
- Other debts -€8.1m
down €8.1m (-72.4%), from €11.2m to €3.1m
- Profit (loss) carried forward -€7.7m
down €7.7m (-4,242%), from -€181,183 to -€7.9m
- Debts after one year -€817,914
down €817,914 (-37.7%), from €2.2m to €1.4m
of which Other amounts payable: -€1.9m
- Financial charges +€7.2m
up €7.2m (+88.2%), from €8.1m to €15.3m
of which Financial charges: +€5.6m
- Financial income -€6.8m
down €6.8m (-71.7%), from €9.5m to €2.7m
of which Non-recurring financial income: -€6.9m
- Gross operating margin +€4.9m
up €4.9m (+55,974%), from €8,764 to €4.9m
From the 2023 result to the 2024 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.
Derived cash bridge
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €69,794,493 | €52,245,018 | -€17.5m | -25.1% |
| Fixed assets | 21/28 | €2,215,978 | €655,156 | -€1.6m | -70.4% |
| Financial fixed assets | 28 | €2,215,978 | €655,156 | -€1.6m | -70.4% |
| Current assets | 29/58 | €67,578,515 | €51,589,863 | -€16.0m | -23.7% |
| Amounts receivable after more than one year | 29 | €63,035,926 | €50,401,617 | -€12.6m | -20.0% |
| Other amounts receivable | 291 | €63,035,926 | €50,401,617 | -€12.6m | -20.0% |
| Amounts receivable within one year | 40/41 | €3,565,785 | €693,582 | -€2.9m | -80.5% |
| Trade receivables | 40 | €862,704 | €577,973 | -€284,731 | -33.0% |
| Other amounts receivable | 41 | €2,703,080 | €115,608 | -€2.6m | -95.7% |
| Cash at bank and in hand | 54/58 | €3,745 | €5,544 | +€1,799 | +48.0% |
| Deferred charges and accrued income | 490/1 | €973,060 | €489,121 | -€483,939 | -49.7% |
| Total equity and liabilities | 10/49 | €69,794,493 | €52,245,018 | -€17.5m | -25.1% |
| Equity | 10/15 | €51,046,923 | €43,361,183 | -€7.7m | -15.1% |
| Contributions | 10/11 | €51,071,910 | €51,071,910 | = | 0.0% |
| Capital | 10 | €50,098,410 | €50,098,410 | = | 0.0% |
| Issued capital | 100 | €50,098,410 | €50,098,410 | = | 0.0% |
| Contributions outside capital | 11 | €973,500 | €973,500 | = | 0.0% |
| Share premium | 1100/10 | €973,500 | €973,500 | = | 0.0% |
| Reserves | 13 | €156,196 | €156,196 | = | 0.0% |
| Non-distributable reserves | 130/1 | €156,196 | €156,196 | = | 0.0% |
| Legal reserve | 130 | €156,196 | €156,196 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€181,183 | -€7,866,923 | -€7.7m | -4,242% |
| Amounts payable | 17/49 | €18,747,570 | €8,883,836 | -€9.9m | -52.6% |
| Amounts payable after more than one year | 17 | €2,171,649 | €1,353,735 | -€817,914 | -37.7% |
| Financial debts | 170/4 | €271,649 | €1,353,735 | +€1.1m | +398% |
| Other amounts payable | 178/9 | €1,900,000 | - | -€1.9m | |
| Amounts payable within one year | 42/48 | €16,440,521 | €7,402,121 | -€9.0m | -55.0% |
| Financial debts | 43 | €2,434,234 | €2,168,331 | -€265,903 | -10.9% |
| Credit institutions | 430/8 | €2,434,234 | €2,168,331 | -€265,903 | -10.9% |
| Trade debts | 44 | €660,269 | €528,713 | -€131,556 | -19.9% |
| Suppliers | 440/4 | €660,269 | €528,713 | -€131,556 | -19.9% |
| Taxes, remuneration and social security | 45 | €2,163,570 | €1,616,552 | -€547,018 | -25.3% |
| Taxes | 450/3 | €2,163,570 | €1,616,552 | -€547,018 | -25.3% |
| Other amounts payable | 47/48 | €11,182,448 | €3,088,526 | -€8.1m | -72.4% |
| Accrued charges and deferred income | 492/3 | €135,399 | €127,979 | -€7,420 | -5.5% |
| Non-recurring operating income | 76A | - | €5,000,000 | +€5.0m | |
| Other operating charges | 640/8 | €100 | €2,353 | +€2,253 | +2,253% |
| Non-recurring operating charges | 66A | - | €19,266 | +€19,266 | |
| Gross operating margin | 9900 | €8,764 | €4,914,372 | +€4.9m | +55,974% |
| Operating profit (loss) | 9901 | €8,664 | €4,892,753 | +€4.9m | +56,372% |
| Financial income | 75/76B | €9,483,361 | €2,688,155 | -€6.8m | -71.7% |
| Recurring financial income | 75 | €2,516,393 | €2,666,140 | +€149,747 | +6.0% |
| Non-recurring financial income | 76B | €6,966,968 | €22,015 | -€6.9m | -99.7% |
| Financial charges | 65/66B | €8,110,838 | €15,266,648 | +€7.2m | +88.2% |
| Recurring financial charges | 65 | €8,035,687 | €13,622,815 | +€5.6m | +69.5% |
| Non-recurring financial charges | 66B | €75,151 | €1,643,834 | +€1.6m | +2,087% |
| Profit (loss) for the period before taxes | 9903 | €1,381,187 | -€7,685,740 | -€9.1m | |
| Profit (loss) for the period | 9904 | €1,381,187 | -€7,685,740 | -€9.1m | |
| Profit (loss) for the period to be appropriated | 9905 | €1,381,187 | -€7,685,740 | -€9.1m |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.