Sense Engineering: 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 Engineering
Largest movements
- Receivables within one year -€785,476
down €785,476 (-95.6%), from €821,765 to €36,290
of which Trade receivables: -€786,231
- Cash -€142,017
down €142,017 (-35.2%), from €403,399 to €261,381
mainly Contributions, distributions and other (-€533,621) and Tax, wage and social debts (-€226,657)
- Tangible fixed assets -€99,474
down €99,474 (-22.9%), from €434,764 to €335,290
- Intangible fixed assets -€22,876
no longer reported in 2026 (was €22,876)
- Deferred charges and accrued income -€20,876
down €20,876 (-99.7%), from €20,939 to €63
- Profit (loss) carried forward -€501,603
down €501,603 (-91.2%), from €550,026 to €48,423
- Tax, wage and social debts -€226,657
down €226,657 (-91.5%), from €247,715 to €21,058
of which Remuneration and social security: -€124,217
- Trade debts -€172,008
down €172,008 (-99.0%), from €173,712 to €1,705
- Other debts -€85,442
down €85,442 (-35.6%), from €240,315 to €154,873
- Debts after one year -€54,305
down €54,305 (-14.3%), from €379,969 to €325,664
- Gross operating margin -€1.6m
down €1.6m (-96.4%), from €1.6m to €57,912
- Staff costs -€1.2m
no longer reported in 2026 (was €1.2m)
- Taxes -€82,516
down €82,516 (-99.1%), from €83,302 to €786
- Write-downs -€44,201
no longer reported in 2026 (was €44,201)
- Depreciation -€33,419
down €33,419 (-42.3%), from €78,949 to €45,531
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,703,743 | €633,024 | -€1.1m | -62.8% |
| Fixed assets | 21/28 | €457,640 | €335,290 | -€122,350 | -26.7% |
| Intangible fixed assets | 21 | €22,876 | - | -€22,876 | |
| Tangible fixed assets | 22/27 | €434,764 | €335,290 | -€99,474 | -22.9% |
| Land and buildings | 22 | €373,628 | €333,569 | -€40,059 | -10.7% |
| Furniture and vehicles | 24 | €25,778 | €865 | -€24,913 | -96.6% |
| Leasing and similar rights | 25 | €33,703 | - | -€33,703 | |
| Other tangible fixed assets | 26 | €1,655 | €856 | -€799 | -48.3% |
| Current assets | 29/58 | €1,246,103 | €297,734 | -€948,369 | -76.1% |
| Amounts receivable within one year | 40/41 | €821,765 | €36,290 | -€785,476 | -95.6% |
| Trade receivables | 40 | €821,765 | €35,534 | -€786,231 | -95.7% |
| Other amounts receivable | 41 | - | €756 | +€756 | |
| Cash at bank and in hand | 54/58 | €403,399 | €261,381 | -€142,017 | -35.2% |
| Deferred charges and accrued income | 490/1 | €20,939 | €63 | -€20,876 | -99.7% |
| Total equity and liabilities | 10/49 | €1,703,743 | €633,024 | -€1.1m | -62.8% |
| Equity | 10/15 | €603,945 | €82,741 | -€521,204 | -86.3% |
| Contributions | 10/11 | €18,600 | €1,218 | -€17,382 | -93.5% |
| Reserves | 13 | €1,860 | €122 | -€1,738 | -93.5% |
| Distributable reserves | 133 | €1,860 | €122 | -€1,738 | -93.5% |
| Profit (loss) carried forward | 14 | €550,026 | €48,423 | -€501,603 | -91.2% |
| Investment grants | 15 | €33,459 | €32,979 | -€480 | -1.4% |
| Amounts payable | 17/49 | €1,099,798 | €550,283 | -€549,515 | -50.0% |
| Amounts payable after more than one year | 17 | €379,969 | €325,664 | -€54,305 | -14.3% |
| Financial debts | 170/4 | €379,969 | €325,664 | -€54,305 | -14.3% |
| Amounts payable within one year | 42/48 | €719,828 | €220,946 | -€498,883 | -69.3% |
| Current portion of amounts payable after more than one year | 42 | €58,086 | €43,310 | -€14,777 | -25.4% |
| Trade debts | 44 | €173,712 | €1,705 | -€172,008 | -99.0% |
| Suppliers | 440/4 | €173,712 | €1,705 | -€172,008 | -99.0% |
| Taxes, remuneration and social security | 45 | €247,715 | €21,058 | -€226,657 | -91.5% |
| Taxes | 450/3 | €123,497 | €21,058 | -€102,439 | -82.9% |
| Remuneration and social security | 454/9 | €124,217 | - | -€124,217 | |
| Other amounts payable | 47/48 | €240,315 | €154,873 | -€85,442 | -35.6% |
| Accrued charges and deferred income | 492/3 | - | €3,673 | +€3,673 | |
| Remuneration, social security and pensions | 62 | €1,204,442 | - | -€1.2m | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €78,949 | €45,531 | -€33,419 | -42.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €44,201 | - | -€44,201 | |
| Other operating charges | 640/8 | €12,793 | €5,999 | -€6,794 | -53.1% |
| Gross operating margin | 9900 | €1,624,568 | €57,912 | -€1.6m | -96.4% |
| Operating profit (loss) | 9901 | €284,182 | €6,382 | -€277,800 | -97.8% |
| Financial income | 75/76B | €8,162 | €10,562 | +€2,400 | +29.4% |
| Recurring financial income | 75 | €8,162 | €10,562 | +€2,400 | +29.4% |
| Financial charges | 65/66B | €11,039 | €3,741 | -€7,298 | -66.1% |
| Recurring financial charges | 65 | €11,039 | €3,741 | -€7,298 | -66.1% |
| Profit (loss) for the period before taxes | 9903 | €281,305 | €13,204 | -€268,102 | -95.3% |
| Income taxes | 67/77 | €83,302 | €786 | -€82,516 | -99.1% |
| Profit (loss) for the period | 9904 | €198,003 | €12,417 | -€185,586 | -93.7% |
| Profit (loss) for the period to be appropriated | 9905 | €198,003 | €12,417 | -€185,586 | -93.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.