SENISI: what changed
SENISI
Largest movements
- Tangible fixed assets +€23,325
up €23,325 (+1,940%), from €1,202 to €24,527
of which Plant, machinery and equipment: +€19,725
- Cash -€3,915
down €3,915 (-4.1%), from €94,613 to €90,699
mainly Contributions, distributions and other (-€87,716) and Investment in fixed assets (net) (-€26,836)
- Other debts +€67,311
up €67,311 (+658%), from €10,224 to €77,534
- Reserves -€45,201
down €45,201 (-51.5%), from €87,716 to €42,515
- Tax, wage and social debts -€2,678
down €2,678 (-32.3%), from €8,296 to €5,618
of which Taxes: -€2,707
- Depreciation +€2,711
up €2,711 (+339%), from €800 to €3,510
- Gross operating margin +€859
up €859 (+1.5%), from €56,353 to €57,211
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €109,769 | €129,125 | +€19,355 | +17.6% |
| Fixed assets | 21/28 | €1,262 | €24,587 | +€23,325 | +1,848% |
| Tangible fixed assets | 22/27 | €1,202 | €24,527 | +€23,325 | +1,940% |
| Plant, machinery and equipment | 23 | - | €19,725 | +€19,725 | |
| Furniture and vehicles | 24 | €1,202 | €4,803 | +€3,600 | +299% |
| Financial fixed assets | 28 | €60 | €60 | = | 0.0% |
| Current assets | 29/58 | €108,507 | €104,537 | -€3,970 | -3.7% |
| Amounts receivable within one year | 40/41 | €12,100 | €12,215 | +€115 | +1.0% |
| Trade receivables | 40 | €12,100 | €12,100 | = | 0.0% |
| Other amounts receivable | 41 | - | €115 | +€115 | |
| Cash at bank and in hand | 54/58 | €94,613 | €90,699 | -€3,915 | -4.1% |
| Deferred charges and accrued income | 490/1 | €1,793 | €1,623 | -€170 | -9.5% |
| Total equity and liabilities | 10/49 | €109,769 | €129,125 | +€19,355 | +17.6% |
| Equity | 10/15 | €90,216 | €45,015 | -€45,201 | -50.1% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €87,716 | €42,515 | -€45,201 | -51.5% |
| Distributable reserves | 133 | €87,716 | €42,515 | -€45,201 | -51.5% |
| Amounts payable | 17/49 | €19,553 | €84,110 | +€64,557 | +330% |
| Amounts payable within one year | 42/48 | €19,553 | €84,110 | +€64,557 | +330% |
| Trade debts | 44 | €1,034 | €958 | -€76 | -7.3% |
| Suppliers | 440/4 | €1,034 | €958 | -€76 | -7.3% |
| Taxes, remuneration and social security | 45 | €8,296 | €5,618 | -€2,678 | -32.3% |
| Taxes | 450/3 | €5,370 | €2,663 | -€2,707 | -50.4% |
| Remuneration and social security | 454/9 | €2,926 | €2,955 | +€29 | +1.0% |
| Other amounts payable | 47/48 | €10,224 | €77,534 | +€67,311 | +658% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €800 | €3,510 | +€2,711 | +339% |
| Other operating charges | 640/8 | €63 | €247 | +€184 | +291% |
| Gross operating margin | 9900 | €56,353 | €57,211 | +€859 | +1.5% |
| Operating profit (loss) | 9901 | €55,490 | €53,454 | -€2,036 | -3.7% |
| Financial charges | 65/66B | €52 | €55 | +€3 | +5.2% |
| Recurring financial charges | 65 | €52 | €55 | +€3 | +5.2% |
| Profit (loss) for the period before taxes | 9903 | €55,438 | €53,399 | -€2,039 | -3.7% |
| Income taxes | 67/77 | €11,281 | €10,885 | -€396 | -3.5% |
| Profit (loss) for the period | 9904 | €44,157 | €42,515 | -€1,642 | -3.7% |
| Profit (loss) for the period to be appropriated | 9905 | €44,157 | €42,515 | -€1,642 | -3.7% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.