Senro Services: 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.
Senro Services
Largest movements
- Current investments +€225,000
new in 2025: €225,000
- Stocks and contracts -€67,976
down €67,976 (-45.2%), from €150,503 to €82,527
- Tangible fixed assets -€59,102
down €59,102 (-27.4%), from €215,398 to €156,296
of which Other tangible fixed assets: -€41,542
- Receivables within one year -€26,248
down €26,248 (-11.6%), from €226,670 to €200,422
of which Trade receivables: -€14,270
- Cash -€16,645
down €16,645 (-10.6%), from €156,463 to €139,818
mainly Current investments (-€225,000) and Other debts (-€172,931)
- Reserves +€271,330
up €271,330 (+356%), from €76,149 to €347,479
- Other debts -€172,931
down €172,931 (-99.5%), from €173,805 to €874
- Tax, wage and social debts -€32,246
down €32,246 (-61.8%), from €52,137 to €19,891
of which Taxes: -€22,179
- Trade debts -€8,297
down €8,297 (-33.7%), from €24,595 to €16,298
- Gross operating margin +€107,622
up €107,622 (+27.3%), from €394,220 to €501,842
- Taxes +€38,576
up €38,576 (+78.3%), from €49,250 to €87,826
- Staff costs -€27,704
down €27,704 (-16.9%), from €163,985 to €136,281
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 | €752,334 | €808,854 | +€56,520 | +7.5% |
| Fixed assets | 21/28 | €215,398 | €156,296 | -€59,102 | -27.4% |
| Tangible fixed assets | 22/27 | €215,398 | €156,296 | -€59,102 | -27.4% |
| Plant, machinery and equipment | 23 | €1,485 | €5,301 | +€3,816 | +257% |
| Furniture and vehicles | 24 | €24,021 | €2,645 | -€21,376 | -89.0% |
| Other tangible fixed assets | 26 | €189,892 | €148,349 | -€41,542 | -21.9% |
| Current assets | 29/58 | €536,936 | €652,559 | +€115,622 | +21.5% |
| Stocks and contracts in progress | 3 | €150,503 | €82,527 | -€67,976 | -45.2% |
| Stocks | 30/36 | €150,503 | €82,527 | -€67,976 | -45.2% |
| Amounts receivable within one year | 40/41 | €226,670 | €200,422 | -€26,248 | -11.6% |
| Trade receivables | 40 | €193,928 | €179,658 | -€14,270 | -7.4% |
| Other amounts receivable | 41 | €32,742 | €20,763 | -€11,979 | -36.6% |
| Current investments | 50/53 | - | €225,000 | +€225,000 | |
| Cash at bank and in hand | 54/58 | €156,463 | €139,818 | -€16,645 | -10.6% |
| Deferred charges and accrued income | 490/1 | €3,301 | €4,792 | +€1,492 | +45.2% |
| Total equity and liabilities | 10/49 | €752,334 | €808,854 | +€56,520 | +7.5% |
| Equity | 10/15 | €176,149 | €447,479 | +€271,330 | +154% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €76,149 | €347,479 | +€271,330 | +356% |
| Distributable reserves | 133 | €76,149 | €347,479 | +€271,330 | +356% |
| Amounts payable | 17/49 | €576,185 | €361,375 | -€214,810 | -37.3% |
| Amounts payable within one year | 42/48 | €576,120 | €361,375 | -€214,745 | -37.3% |
| Trade debts | 44 | €24,595 | €16,298 | -€8,297 | -33.7% |
| Suppliers | 440/4 | €24,595 | €16,298 | -€8,297 | -33.7% |
| Advances received on contracts in progress | 46 | €325,583 | €324,312 | -€1,271 | -0.4% |
| Taxes, remuneration and social security | 45 | €52,137 | €19,891 | -€32,246 | -61.8% |
| Taxes | 450/3 | €33,640 | €11,461 | -€22,179 | -65.9% |
| Remuneration and social security | 454/9 | €18,497 | €8,430 | -€10,067 | -54.4% |
| Other amounts payable | 47/48 | €173,805 | €874 | -€172,931 | -99.5% |
| Accrued charges and deferred income | 492/3 | €65 | - | -€65 | |
| Non-recurring operating income | 76A | - | €8,811 | +€8,811 | |
| Remuneration, social security and pensions | 62 | €163,985 | €136,281 | -€27,704 | -16.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €59,701 | €56,894 | -€2,807 | -4.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,500 | -€510 | -€2,010 | |
| Other operating charges | 640/8 | €2,937 | €3,004 | +€67 | +2.3% |
| Non-recurring operating charges | 66A | €18,166 | - | -€18,166 | |
| Gross operating margin | 9900 | €394,220 | €501,842 | +€107,622 | +27.3% |
| Operating profit (loss) | 9901 | €147,931 | €306,173 | +€158,242 | +107% |
| Financial income | 75/76B | €53,439 | €57,565 | +€4,126 | +7.7% |
| Recurring financial income | 75 | €53,439 | €57,565 | +€4,126 | +7.7% |
| Financial charges | 65/66B | €371 | €4,582 | +€4,211 | +1,136% |
| Recurring financial charges | 65 | €371 | €4,582 | +€4,211 | +1,136% |
| Profit (loss) for the period before taxes | 9903 | €201,000 | €359,156 | +€158,157 | +78.7% |
| Income taxes | 67/77 | €49,250 | €87,826 | +€38,576 | +78.3% |
| Profit (loss) for the period | 9904 | €151,749 | €271,330 | +€119,581 | +78.8% |
| Profit (loss) for the period to be appropriated | 9905 | €151,749 | €271,330 | +€119,581 | +78.8% |
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 17 October 2026 via checked.be.