Senne29: 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.
Senne29
Largest movements
- Cash -€12,842
down €12,842 (-49.1%), from €26,167 to €13,325
mainly Net result for the year (-€17,477) and Debts after one year (-€15,201)
- Tangible fixed assets -€5,686
down €5,686 (-4.6%), from €123,361 to €117,674
of which Other tangible fixed assets: -€3,066
- Receivables within one year +€2,665
up €2,665 (+50.4%), from €5,284 to €7,949
- Investment grants +€17,673
up €17,673 (+143.4%), from €12,320 to €29,993
- Profit (loss) carried forward -€17,477
down €17,477 (-130.7%), from -€13,369 to -€30,846
- Debts after one year -€15,201
down €15,201 (-15.6%), from €97,290 to €82,089
- Trade debts +€5,608
up €5,608 (+302.2%), from €1,856 to €7,464
- Other debts -€2,844
down €2,844 (-15.3%), from €18,581 to €15,738
- Gross operating margin +€47,015
up €47,015, from -€10,909 to €36,106
- Staff costs +€35,881
up €35,881 (+1288.9%), from €2,784 to €38,665
- Depreciation +€12,159
up €12,159 (+259.7%), from €4,681 to €16,841
- Financial charges +€4,054
up €4,054 (+206.9%), from €1,960 to €6,014
- Financial income +€821
up €821 (+11.5%), from €7,115 to €7,937
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 | €155,783 | €141,815 | -€13,968 | -9.0% |
| Fixed assets | 21/28 | €123,361 | €119,141 | -€4,220 | -3.4% |
| Intangible fixed assets | 21 | - | €852 | +€852 | |
| Tangible fixed assets | 22/27 | €123,361 | €117,674 | -€5,686 | -4.6% |
| Plant, machinery and equipment | 23 | €23,364 | €20,744 | -€2,621 | -11.2% |
| Other tangible fixed assets | 26 | €99,996 | €96,931 | -€3,066 | -3.1% |
| Financial fixed assets | 28 | - | €615 | +€615 | |
| Current assets | 29/58 | €32,422 | €22,674 | -€9,748 | -30.1% |
| Stocks and contracts in progress | 3 | €971 | €1,400 | +€429 | +44.2% |
| Stocks | 30/36 | €971 | €1,400 | +€429 | +44.2% |
| Amounts receivable within one year | 40/41 | €5,284 | €7,949 | +€2,665 | +50.4% |
| Other amounts receivable | 41 | €5,284 | €7,949 | +€2,665 | +50.4% |
| Cash at bank and in hand | 54/58 | €26,167 | €13,325 | -€12,842 | -49.1% |
| Total equity and liabilities | 10/49 | €155,783 | €141,815 | -€13,968 | -9.0% |
| Equity | 10/15 | €18,951 | €19,146 | +€195 | +1.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,369 | -€30,846 | -€17,477 | -130.7% |
| Investment grants | 15 | €12,320 | €29,993 | +€17,673 | +143.4% |
| Amounts payable | 17/49 | €136,832 | €122,669 | -€14,163 | -10.4% |
| Amounts payable after more than one year | 17 | €97,290 | €82,089 | -€15,201 | -15.6% |
| Financial debts | 170/4 | €97,290 | €82,089 | -€15,201 | -15.6% |
| Amounts payable within one year | 42/48 | €37,650 | €38,858 | +€1,207 | +3.2% |
| Current portion of amounts payable after more than one year | 42 | €14,546 | €15,201 | +€655 | +4.5% |
| Trade debts | 44 | €1,856 | €7,464 | +€5,608 | +302.2% |
| Suppliers | 440/4 | €1,856 | €7,464 | +€5,608 | +302.2% |
| Taxes, remuneration and social security | 45 | €2,667 | €455 | -€2,211 | -82.9% |
| Taxes | 450/3 | - | €40 | +€40 | |
| Remuneration and social security | 454/9 | €2,667 | €415 | -€2,252 | -84.4% |
| Other amounts payable | 47/48 | €18,581 | €15,738 | -€2,844 | -15.3% |
| Accrued charges and deferred income | 492/3 | €1,891 | €1,722 | -€170 | -9.0% |
| Remuneration, social security and pensions | 62 | €2,784 | €38,665 | +€35,881 | +1288.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,681 | €16,841 | +€12,159 | +259.7% |
| Other operating charges | 640/8 | €150 | €0 | -€150 | -100.0% |
| Gross operating margin | 9900 | -€10,909 | €36,106 | +€47,015 | |
| Operating profit (loss) | 9901 | -€18,524 | -€19,400 | -€875 | -4.7% |
| Financial income | 75/76B | €7,115 | €7,937 | +€821 | +11.5% |
| Recurring financial income | 75 | €7,115 | €7,937 | +€821 | +11.5% |
| Financial charges | 65/66B | €1,960 | €6,014 | +€4,054 | +206.9% |
| Recurring financial charges | 65 | €1,960 | €6,014 | +€4,054 | +206.9% |
| Profit (loss) for the period before taxes | 9903 | -€13,369 | -€17,477 | -€4,108 | -30.7% |
| Profit (loss) for the period | 9904 | -€13,369 | -€17,477 | -€4,108 | -30.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,369 | -€17,477 | -€4,108 | -30.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.