SENNIT: 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.
SENNIT
Largest movements
- Tangible fixed assets -€21,787
down €21,787 (-8.0%), from €273,359 to €251,572
- Receivables within one year -€10,720
down €10,720 (-52.1%), from €20,592 to €9,872
- Cash -€5,264
down €5,264 (-75.7%), from €6,956 to €1,692
mainly Net result for the year (-€30,088) and Current portion of long-term debt (-€12,250)
- Profit (loss) carried forward -€30,088
down €30,088 (-23.3%), from €129,353 to €99,265
- Current portion of long-term debt -€12,250
no longer reported in 2025 (was €12,250)
- Trade debts +€4,218
up €4,218 (+37.3%), from €11,306 to €15,524
- Short-term financial debts -€3,339
no longer reported in 2025 (was €3,339)
- Gross operating margin -€33,524
down €33,524, from €26,111 to -€7,414
- Other operating charges -€2,203
down €2,203 (-87.9%), from €2,507 to €303
- Financial charges -€1,506
down €1,506 (-72.0%), from €2,091 to €585
- Depreciation -€1,187
down €1,187 (-5.2%), from €22,974 to €21,787
- Staff costs -€300
no longer reported in 2025 (was €300)
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.
Derived cash bridge
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 | €301,608 | €263,299 | -€38,309 | -12.7% |
| Fixed assets | 21/28 | €273,359 | €251,572 | -€21,787 | -8.0% |
| Tangible fixed assets | 22/27 | €273,359 | €251,572 | -€21,787 | -8.0% |
| Land and buildings | 22 | €230,563 | €221,644 | -€8,920 | -3.9% |
| Plant, machinery and equipment | 23 | €32,507 | €26,590 | -€5,917 | -18.2% |
| Furniture and vehicles | 24 | €10,288 | €3,338 | -€6,950 | -67.6% |
| Current assets | 29/58 | €28,249 | €11,727 | -€16,522 | -58.5% |
| Amounts receivable within one year | 40/41 | €20,592 | €9,872 | -€10,720 | -52.1% |
| Other amounts receivable | 41 | €20,592 | €9,872 | -€10,720 | -52.1% |
| Cash at bank and in hand | 54/58 | €6,956 | €1,692 | -€5,264 | -75.7% |
| Deferred charges and accrued income | 490/1 | €701 | €162 | -€539 | -76.9% |
| Total equity and liabilities | 10/49 | €301,608 | €263,299 | -€38,309 | -12.7% |
| Equity | 10/15 | €274,713 | €244,624 | -€30,088 | -11.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €139,159 | €139,159 | = | 0.0% |
| Distributable reserves | 133 | €139,159 | €139,159 | = | 0.0% |
| Profit (loss) carried forward | 14 | €129,353 | €99,265 | -€30,088 | -23.3% |
| Amounts payable | 17/49 | €26,895 | €18,674 | -€8,221 | -30.6% |
| Amounts payable within one year | 42/48 | €26,895 | €18,674 | -€8,221 | -30.6% |
| Current portion of amounts payable after more than one year | 42 | €12,250 | - | -€12,250 | |
| Financial debts | 43 | €3,339 | - | -€3,339 | |
| Credit institutions | 430/8 | €3,339 | - | -€3,339 | |
| Trade debts | 44 | €11,306 | €15,524 | +€4,218 | +37.3% |
| Suppliers | 440/4 | €11,306 | €15,524 | +€4,218 | +37.3% |
| Taxes, remuneration and social security | 45 | - | €185 | +€185 | |
| Taxes | 450/3 | - | €185 | +€185 | |
| Other amounts payable | 47/48 | - | €2,966 | +€2,966 | |
| Non-recurring operating income | 76A | €41,914 | - | -€41,914 | |
| Remuneration, social security and pensions | 62 | €300 | - | -€300 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,974 | €21,787 | -€1,187 | -5.2% |
| Other operating charges | 640/8 | €2,507 | €303 | -€2,203 | -87.9% |
| Non-recurring operating charges | 66A | €15,388 | - | -€15,388 | |
| Gross operating margin | 9900 | €26,111 | -€7,414 | -€33,524 | |
| Operating profit (loss) | 9901 | -€15,058 | -€29,504 | -€14,446 | -95.9% |
| Financial income | 75/76B | €101 | €0 | -€100 | -99.6% |
| Recurring financial income | 75 | €101 | €0 | -€100 | -99.6% |
| Financial charges | 65/66B | €2,091 | €585 | -€1,506 | -72.0% |
| Recurring financial charges | 65 | €2,091 | €585 | -€1,506 | -72.0% |
| Profit (loss) for the period before taxes | 9903 | -€17,048 | -€30,088 | -€13,040 | -76.5% |
| Income taxes | 67/77 | €128 | €0 | -€128 | -99.9% |
| Profit (loss) for the period | 9904 | -€17,176 | -€30,088 | -€12,912 | -75.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€17,176 | -€30,088 | -€12,912 | -75.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.