SENORO: 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.
SENORO
Largest movements
- Cash +€4,946
up €4,946 (+4.0%), from €123,293 to €128,239
mainly Net result for the year (+€7,048) and Depreciation (+€805)
- Tangible fixed assets +€1,507
up €1,507 (+66.1%), from €2,279 to €3,786
- Profit (loss) carried forward +€7,048
up €7,048, from €0 to €7,048
- Gross operating margin -€122,164
down €122,164 (-90.0%), from €135,775 to €13,611
- Taxes -€30,948
down €30,948 (-91.2%), from €33,917 to €2,970
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 | €127,249 | €134,790 | +€7,541 | +5.9% |
| Fixed assets | 21/28 | €2,279 | €3,843 | +€1,564 | +68.6% |
| Tangible fixed assets | 22/27 | €2,279 | €3,786 | +€1,507 | +66.1% |
| Furniture and vehicles | 24 | €2,279 | €3,786 | +€1,507 | +66.1% |
| Financial fixed assets | 28 | - | €57 | +€57 | |
| Current assets | 29/58 | €124,970 | €130,946 | +€5,977 | +4.8% |
| Amounts receivable within one year | 40/41 | €1,185 | €2,080 | +€894 | +75.4% |
| Trade receivables | 40 | €0 | €790 | +€790 | |
| Other amounts receivable | 41 | €1,185 | €1,289 | +€104 | +8.8% |
| Cash at bank and in hand | 54/58 | €123,293 | €128,239 | +€4,946 | +4.0% |
| Deferred charges and accrued income | 490/1 | €491 | €628 | +€137 | +27.8% |
| Total equity and liabilities | 10/49 | €127,249 | €134,790 | +€7,541 | +5.9% |
| Equity | 10/15 | €90,172 | €97,220 | +€7,048 | +7.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €85,172 | €85,172 | = | 0.0% |
| Distributable reserves | 133 | €85,172 | €85,172 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €7,048 | +€7,048 | |
| Amounts payable | 17/49 | €37,077 | €37,570 | +€493 | +1.3% |
| Amounts payable within one year | 42/48 | €36,991 | €37,482 | +€491 | +1.3% |
| Trade debts | 44 | €1,878 | €2,316 | +€438 | +23.3% |
| Suppliers | 440/4 | €1,878 | €2,316 | +€438 | +23.3% |
| Taxes, remuneration and social security | 45 | €34,146 | €33,981 | -€166 | -0.5% |
| Taxes | 450/3 | €34,146 | €33,981 | -€166 | -0.5% |
| Other amounts payable | 47/48 | €967 | €1,185 | +€218 | +22.6% |
| Accrued charges and deferred income | 492/3 | €86 | €88 | +€2 | +2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €275 | €805 | +€530 | +193% |
| Other operating charges | 640/8 | €1,047 | €1,081 | +€34 | +3.2% |
| Gross operating margin | 9900 | €135,775 | €13,611 | -€122,164 | -90.0% |
| Operating profit (loss) | 9901 | €134,453 | €11,726 | -€122,727 | -91.3% |
| Financial income | 75/76B | €0 | €0 | +€0 | |
| Recurring financial income | 75 | €0 | €0 | +€0 | |
| Financial charges | 65/66B | €2,119 | €1,708 | -€411 | -19.4% |
| Recurring financial charges | 65 | €2,119 | €1,708 | -€411 | -19.4% |
| Profit (loss) for the period before taxes | 9903 | €132,335 | €10,018 | -€122,317 | -92.4% |
| Income taxes | 67/77 | €33,917 | €2,970 | -€30,948 | -91.2% |
| Profit (loss) for the period | 9904 | €98,417 | €7,048 | -€91,369 | -92.8% |
| Profit (loss) for the period to be appropriated | 9905 | €98,417 | €7,048 | -€91,369 | -92.8% |
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 22 October 2026 via checked.be.