SENSE: 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.
SENSE
Largest movements
- Tangible fixed assets +€6,947
up €6,947 (+44.6%), from €15,592 to €22,539
of which Furniture and vehicles: +€6,947
- Receivables within one year +€1,565
new in 2025: €1,565
- Cash +€579
up €579 (+11.8%), from €4,922 to €5,500
mainly Other debts (+€15,977) and Depreciation (+€4,553)
- Other debts +€15,977
up €15,977 (+21.7%), from €73,676 to €89,653
- Profit (loss) carried forward -€6,436
down €6,436 (-2.1%), from -€309,818 to -€316,255
- Trade debts -€450
down €450 (-53.7%), from €837 to €388
- Gross operating margin +€1,980
up €1,980 (+62.4%), from -€3,174 to -€1,194
- Depreciation +€730
up €730 (+19.1%), from €3,823 to €4,553
- Financial charges -€221
down €221 (-73.0%), from €302 to €82
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 | €20,513 | €29,604 | +€9,091 | +44.3% |
| Fixed assets | 21/28 | €15,592 | €22,539 | +€6,947 | +44.6% |
| Tangible fixed assets | 22/27 | €15,592 | €22,539 | +€6,947 | +44.6% |
| Furniture and vehicles | 24 | €12,262 | €19,209 | +€6,947 | +56.7% |
| Other tangible fixed assets | 26 | €3,330 | €3,330 | = | 0.0% |
| Current assets | 29/58 | €4,922 | €7,065 | +€2,144 | +43.6% |
| Amounts receivable within one year | 40/41 | - | €1,565 | +€1,565 | |
| Trade receivables | 40 | - | €1,565 | +€1,565 | |
| Cash at bank and in hand | 54/58 | €4,922 | €5,500 | +€579 | +11.8% |
| Total equity and liabilities | 10/49 | €20,513 | €29,604 | +€9,091 | +44.3% |
| Equity | 10/15 | -€54,001 | -€60,437 | -€6,436 | -11.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €249,618 | €249,618 | = | 0.0% |
| Distributable reserves | 133 | €249,618 | €249,618 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€309,818 | -€316,255 | -€6,436 | -2.1% |
| Amounts payable | 17/49 | €74,514 | €90,041 | +€15,527 | +20.8% |
| Amounts payable within one year | 42/48 | €74,514 | €90,041 | +€15,527 | +20.8% |
| Trade debts | 44 | €837 | €388 | -€450 | -53.7% |
| Suppliers | 440/4 | €837 | €388 | -€450 | -53.7% |
| Other amounts payable | 47/48 | €73,676 | €89,653 | +€15,977 | +21.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,823 | €4,553 | +€730 | +19.1% |
| Other operating charges | 640/8 | €594 | €609 | +€14 | +2.4% |
| Gross operating margin | 9900 | -€3,174 | -€1,194 | +€1,980 | +62.4% |
| Operating profit (loss) | 9901 | -€7,591 | -€6,355 | +€1,236 | +16.3% |
| Financial income | 75/76B | €1 | €1 | -€0 | -37.3% |
| Recurring financial income | 75 | €1 | €1 | -€0 | -37.3% |
| Financial charges | 65/66B | €302 | €82 | -€221 | -73.0% |
| Recurring financial charges | 65 | €302 | €82 | -€221 | -73.0% |
| Profit (loss) for the period before taxes | 9903 | -€7,892 | -€6,436 | +€1,456 | +18.4% |
| Income taxes | 67/77 | €0 | €0 | -€0 | -100.0% |
| Profit (loss) for the period | 9904 | -€7,892 | -€6,436 | +€1,456 | +18.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,892 | -€6,436 | +€1,456 | +18.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.