SENSE BRUSSELS: what changed
SENSE BRUSSELS
Largest movements
- Cash -€30,970
down €30,970 (-90.4%), from €34,251 to €3,281
mainly Tax, wage and social debts (-€17,305) and Trade debts (-€10,733)
- Receivables within one year +€6,505
up €6,505 (+9.5%), from €68,636 to €75,141
of which Trade receivables: +€22,543
- Tangible fixed assets -€2,637
down €2,637 (-14.3%), from €18,486 to €15,849
of which Other tangible fixed assets: -€1,675
- Tax, wage and social debts -€17,305
down €17,305 (-71.7%), from €24,150 to €6,845
of which Taxes: -€17,236
- Trade debts -€10,733
down €10,733 (-56.8%), from €18,897 to €8,164
- Profit (loss) carried forward +€2,713
up €2,713 (+38.5%), from -€7,045 to -€4,332
- Accrued charges and deferred income -€1,815
down €1,815 (-11.0%), from €16,503 to €14,688
- Gross operating margin +€39,444
up €39,444, from -€28,910 to €10,534
- Staff costs -€2,599
no longer reported in 2025 (was €2,599)
- Financial income -€1,863
down €1,863 (-56.8%), from €3,280 to €1,417
- Other operating charges +€1,818
up €1,818 (+466%), from €390 to €2,208
- Financial charges +€1,741
up €1,741 (+147%), from €1,182 to €2,923
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €125,491 | €98,389 | -€27,102 | -21.6% |
| Fixed assets | 21/28 | €22,604 | €19,967 | -€2,637 | -11.7% |
| Tangible fixed assets | 22/27 | €18,486 | €15,849 | -€2,637 | -14.3% |
| Plant, machinery and equipment | 23 | €1,900 | €1,188 | -€712 | -37.5% |
| Furniture and vehicles | 24 | €2,363 | €2,113 | -€250 | -10.6% |
| Other tangible fixed assets | 26 | €14,223 | €12,548 | -€1,675 | -11.8% |
| Financial fixed assets | 28 | €4,118 | €4,118 | = | 0.0% |
| Current assets | 29/58 | €102,887 | €78,422 | -€24,465 | -23.8% |
| Amounts receivable within one year | 40/41 | €68,636 | €75,141 | +€6,505 | +9.5% |
| Trade receivables | 40 | €4,607 | €27,150 | +€22,543 | +489% |
| Other amounts receivable | 41 | €64,029 | €47,991 | -€16,038 | -25.0% |
| Cash at bank and in hand | 54/58 | €34,251 | €3,281 | -€30,970 | -90.4% |
| Total equity and liabilities | 10/49 | €125,491 | €98,389 | -€27,102 | -21.6% |
| Equity | 10/15 | €60,559 | €63,272 | +€2,713 | +4.5% |
| Contributions | 10/11 | €46,700 | €46,700 | = | 0.0% |
| Reserves | 13 | €20,904 | €20,904 | = | 0.0% |
| Non-distributable reserves | 130/1 | €4,055 | €4,055 | = | 0.0% |
| Reserves not available under the articles | 1311 | €4,055 | €4,055 | = | 0.0% |
| Tax-exempt reserves | 132 | €7,644 | €7,644 | = | 0.0% |
| Distributable reserves | 133 | €9,205 | €9,205 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,045 | -€4,332 | +€2,713 | +38.5% |
| Amounts payable | 17/49 | €64,932 | €35,117 | -€29,815 | -45.9% |
| Amounts payable within one year | 42/48 | €48,429 | €20,429 | -€28,000 | -57.8% |
| Financial debts | 43 | €5,382 | €5,420 | +€38 | +0.7% |
| Credit institutions | 430/8 | €5,382 | €5,420 | +€38 | +0.7% |
| Trade debts | 44 | €18,897 | €8,164 | -€10,733 | -56.8% |
| Suppliers | 440/4 | €18,897 | €8,164 | -€10,733 | -56.8% |
| Taxes, remuneration and social security | 45 | €24,150 | €6,845 | -€17,305 | -71.7% |
| Taxes | 450/3 | €24,067 | €6,831 | -€17,236 | -71.6% |
| Remuneration and social security | 454/9 | €83 | €14 | -€69 | -83.1% |
| Accrued charges and deferred income | 492/3 | €16,503 | €14,688 | -€1,815 | -11.0% |
| Remuneration, social security and pensions | 62 | €2,599 | - | -€2,599 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,311 | €4,107 | -€204 | -4.7% |
| Other operating charges | 640/8 | €390 | €2,208 | +€1,818 | +466% |
| Non-recurring operating charges | 66A | €350 | - | -€350 | |
| Gross operating margin | 9900 | -€28,910 | €10,534 | +€39,444 | |
| Operating profit (loss) | 9901 | -€36,560 | €4,219 | +€40,779 | |
| Financial income | 75/76B | €3,280 | €1,417 | -€1,863 | -56.8% |
| Recurring financial income | 75 | €3,280 | €1,417 | -€1,863 | -56.8% |
| Financial charges | 65/66B | €1,182 | €2,923 | +€1,741 | +147% |
| Recurring financial charges | 65 | €1,182 | €2,923 | +€1,741 | +147% |
| Profit (loss) for the period before taxes | 9903 | -€34,462 | €2,713 | +€37,175 | |
| Profit (loss) for the period | 9904 | -€34,462 | €2,713 | +€37,175 | |
| Profit (loss) for the period to be appropriated | 9905 | -€34,462 | €2,713 | +€37,175 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.