SENOLAN: 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.
SENOLAN
Largest movements
- Tangible fixed assets -€42,847
down €42,847 (-10.9%), from €391,654 to €348,808
of which Furniture and vehicles: -€40,455
- Cash +€13,975
up €13,975 (+18.4%), from €75,978 to €89,953
mainly Net result for the year (+€88,351) and Depreciation (+€68,587)
- Debts after one year -€75,564
down €75,564 (-31.3%), from €241,144 to €165,580
- Other debts +€40,780
up €40,780 (+79.4%), from €51,386 to €92,167
- Tax, wage and social debts -€20,278
down €20,278 (-52.4%), from €38,679 to €18,401
- Current portion of long-term debt +€16,731
up €16,731 (+20.6%), from €81,413 to €98,143
- Gross operating margin +€86,180
up €86,180 (+64.0%), from €134,659 to €220,839
- Depreciation +€32,099
up €32,099 (+88.0%), from €36,489 to €68,587
- Taxes +€19,837
up €19,837 (+69.2%), from €28,679 to €48,516
- Financial charges +€3,647
up €3,647 (+57.5%), from €6,346 to €9,993
- Other operating charges -€2,607
down €2,607 (-23.3%), from €11,174 to €8,567
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 | €632,945 | €602,869 | -€30,076 | -4.8% |
| Fixed assets | 21/28 | €391,834 | €348,988 | -€42,847 | -10.9% |
| Tangible fixed assets | 22/27 | €391,654 | €348,808 | -€42,847 | -10.9% |
| Land and buildings | 22 | €122,400 | €116,663 | -€5,738 | -4.7% |
| Plant, machinery and equipment | 23 | €11,554 | €24,475 | +€12,921 | +111.8% |
| Furniture and vehicles | 24 | €185,893 | €145,438 | -€40,455 | -21.8% |
| Other tangible fixed assets | 26 | €71,808 | €62,233 | -€9,575 | -13.3% |
| Financial fixed assets | 28 | €180 | €180 | = | 0.0% |
| Current assets | 29/58 | €241,111 | €253,881 | +€12,770 | +5.3% |
| Amounts receivable after more than one year | 29 | €96,000 | €93,000 | -€3,000 | -3.1% |
| Other amounts receivable | 291 | €96,000 | €93,000 | -€3,000 | -3.1% |
| Amounts receivable within one year | 40/41 | €59,612 | €61,815 | +€2,203 | +3.7% |
| Trade receivables | 40 | €56,612 | €58,815 | +€2,203 | +3.9% |
| Other amounts receivable | 41 | €3,000 | €3,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €75,978 | €89,953 | +€13,975 | +18.4% |
| Deferred charges and accrued income | 490/1 | €9,521 | €9,113 | -€408 | -4.3% |
| Total equity and liabilities | 10/49 | €632,945 | €602,869 | -€30,076 | -4.8% |
| Equity | 10/15 | €213,953 | €215,804 | +€1,851 | +0.9% |
| Contributions | 10/11 | €6,205 | €6,205 | = | 0.0% |
| Reserves | 13 | €205,960 | €207,760 | +€1,800 | +0.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €204,100 | €205,900 | +€1,800 | +0.9% |
| Profit (loss) carried forward | 14 | €1,788 | €1,838 | +€51 | +2.8% |
| Amounts payable | 17/49 | €418,992 | €387,065 | -€31,927 | -7.6% |
| Amounts payable after more than one year | 17 | €241,144 | €165,580 | -€75,564 | -31.3% |
| Financial debts | 170/4 | €241,144 | €165,580 | -€75,564 | -31.3% |
| Amounts payable within one year | 42/48 | €171,598 | €215,135 | +€43,537 | +25.4% |
| Current portion of amounts payable after more than one year | 42 | €81,413 | €98,143 | +€16,731 | +20.6% |
| Trade debts | 44 | €121 | €6,424 | +€6,304 | +5229.9% |
| Suppliers | 440/4 | €121 | €6,424 | +€6,304 | +5229.9% |
| Taxes, remuneration and social security | 45 | €38,679 | €18,401 | -€20,278 | -52.4% |
| Taxes | 450/3 | €38,679 | €18,401 | -€20,278 | -52.4% |
| Other amounts payable | 47/48 | €51,386 | €92,167 | +€40,780 | +79.4% |
| Accrued charges and deferred income | 492/3 | €6,250 | €6,350 | +€100 | +1.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,489 | €68,587 | +€32,099 | +88.0% |
| Other operating charges | 640/8 | €11,174 | €8,567 | -€2,607 | -23.3% |
| Gross operating margin | 9900 | €134,659 | €220,839 | +€86,180 | +64.0% |
| Operating profit (loss) | 9901 | €86,996 | €143,684 | +€56,688 | +65.2% |
| Financial income | 75/76B | €3,273 | €3,176 | -€97 | -3.0% |
| Recurring financial income | 75 | €3,273 | €3,176 | -€97 | -3.0% |
| Financial charges | 65/66B | €6,346 | €9,993 | +€3,647 | +57.5% |
| Recurring financial charges | 65 | €6,346 | €9,993 | +€3,647 | +57.5% |
| Profit (loss) for the period before taxes | 9903 | €83,923 | €136,867 | +€52,944 | +63.1% |
| Income taxes | 67/77 | €28,679 | €48,516 | +€19,837 | +69.2% |
| Profit (loss) for the period | 9904 | €55,244 | €88,351 | +€33,106 | +59.9% |
| Profit (loss) for the period to be appropriated | 9905 | €55,244 | €88,351 | +€33,106 | +59.9% |
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 1 October 2026 via checked.be.