SenS: 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.
SenS
Largest movements
- Stocks and contracts +€50,217
up €50,217 (+66.5%), from €75,504 to €125,722
- Cash -€3,673
down €3,673 (-61.4%), from €5,985 to €2,312
mainly Stocks and contracts (-€50,217) and Net result for the year (-€45,090)
- Financial fixed assets +€3,000
new in 2025: €3,000
- Tangible fixed assets +€1,365
up €1,365 (+37.1%), from €3,679 to €5,044
of which Furniture and vehicles: +€1,649
- Trade debts +€44,826
up €44,826 (+2,439%), from €1,838 to €46,664
- Profit (loss) carried forward -€33,425
new in 2025: -€33,425
- Debts after one year +€21,021
new in 2025: €21,021
- Other debts +€15,211
up €15,211 (+24.2%), from €62,914 to €78,125
- Reserves -€11,665
down €11,665 (-100%), from €11,665 to €0
- Gross operating margin -€54,834
down €54,834, from €15,476 to -€39,357
- Taxes -€2,979
down €2,979 (-100%), from €2,979 to €0
- Other operating charges +€1,568
up €1,568 (+407%), from €386 to €1,954
- Depreciation +€1,072
up €1,072 (+4,629%), from €23 to €1,095
- Financial charges +€509
up €509 (+120%), from €424 to €932
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 | €86,255 | €136,308 | +€50,053 | +58.0% |
| Fixed assets | 21/28 | €3,679 | €8,044 | +€4,365 | +119% |
| Tangible fixed assets | 22/27 | €3,679 | €5,044 | +€1,365 | +37.1% |
| Plant, machinery and equipment | 23 | €3,679 | €3,395 | -€284 | -7.7% |
| Furniture and vehicles | 24 | - | €1,649 | +€1,649 | |
| Financial fixed assets | 28 | - | €3,000 | +€3,000 | |
| Current assets | 29/58 | €82,576 | €128,263 | +€45,688 | +55.3% |
| Stocks and contracts in progress | 3 | €75,504 | €125,722 | +€50,217 | +66.5% |
| Stocks | 30/36 | €75,504 | €125,722 | +€50,217 | +66.5% |
| Amounts receivable within one year | 40/41 | €1,087 | €0 | -€1,087 | -100% |
| Trade receivables | 40 | €1,087 | €0 | -€1,087 | -100% |
| Cash at bank and in hand | 54/58 | €5,985 | €2,312 | -€3,673 | -61.4% |
| Deferred charges and accrued income | 490/1 | - | €230 | +€230 | |
| Total equity and liabilities | 10/49 | €86,255 | €136,308 | +€50,053 | +58.0% |
| Equity | 10/15 | €16,665 | -€28,425 | -€45,090 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €11,665 | €0 | -€11,665 | -100% |
| Distributable reserves | 133 | €11,665 | €0 | -€11,665 | -100% |
| Profit (loss) carried forward | 14 | - | -€33,425 | -€33,425 | |
| Amounts payable | 17/49 | €69,590 | €164,733 | +€95,143 | +137% |
| Amounts payable after more than one year | 17 | - | €21,021 | +€21,021 | |
| Financial debts | 170/4 | - | €21,021 | +€21,021 | |
| Amounts payable within one year | 42/48 | €69,590 | €143,712 | +€74,121 | +107% |
| Current portion of amounts payable after more than one year | 42 | - | €5,724 | +€5,724 | |
| Trade debts | 44 | €1,838 | €46,664 | +€44,826 | +2,439% |
| Suppliers | 440/4 | €1,838 | €46,664 | +€44,826 | +2,439% |
| Taxes, remuneration and social security | 45 | €4,839 | €13,199 | +€8,360 | +173% |
| Taxes | 450/3 | €4,839 | €13,199 | +€8,360 | +173% |
| Other amounts payable | 47/48 | €62,914 | €78,125 | +€15,211 | +24.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23 | €1,095 | +€1,072 | +4,629% |
| Other operating charges | 640/8 | €386 | €1,954 | +€1,568 | +407% |
| Non-recurring operating charges | 66A | - | €1,963 | +€1,963 | |
| Gross operating margin | 9900 | €15,476 | -€39,357 | -€54,834 | |
| Operating profit (loss) | 9901 | €15,067 | -€44,370 | -€59,437 | |
| Financial income | 75/76B | - | €212 | +€212 | |
| Recurring financial income | 75 | - | €212 | +€212 | |
| Financial charges | 65/66B | €424 | €932 | +€509 | +120% |
| Recurring financial charges | 65 | €424 | €932 | +€509 | +120% |
| Profit (loss) for the period before taxes | 9903 | €14,644 | -€45,090 | -€59,734 | |
| Income taxes | 67/77 | €2,979 | €0 | -€2,979 | -100% |
| Profit (loss) for the period | 9904 | €11,665 | -€45,090 | -€56,755 | |
| Profit (loss) for the period to be appropriated | 9905 | €11,665 | -€45,090 | -€56,755 |
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 13 October 2026 via checked.be.