Sense Mortsel: what changed
Sense Mortsel
Largest movements
- Cash +€72,038
up €72,038 (+44.4%), from €162,405 to €234,443
mainly Debts within one year (+€37,502) and Receivables within one year (+€18,535)
- Receivables within one year -€18,535
down €18,535 (-9.1%), from €204,053 to €185,518
of which Other amounts receivable: -€26,680
- Stocks and contracts -€11,815
down €11,815 (-70.2%), from €16,833 to €5,018
- Financial fixed assets +€5,400
up €5,400 (+148%), from €3,660 to €9,060
- Debts within one year +€37,502
up €37,502 (+9.8%), from €383,714 to €421,216
of which Trade debts: +€36,644
- Reserves +€5,223
up €5,223 (+8.9%), from €58,965 to €64,188
- Gross operating margin -€63,885
down €63,885 (-48.3%), from €132,352 to €68,468
- Staff costs -€53,680
down €53,680 (-62.6%), from €85,696 to €32,017
- Financial charges -€9,884
down €9,884 (-50.0%), from €19,786 to €9,903
- Depreciation -€7,751
down €7,751 (-39.2%), from €19,788 to €12,038
- Financial income -€6,522
down €6,522 (-76.5%), from €8,527 to €2,005
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 | €464,117 | €504,551 | +€40,435 | +8.7% |
| Fixed assets | 21/28 | €74,906 | €75,598 | +€692 | +0.9% |
| Tangible fixed assets | 22/27 | €71,246 | €66,538 | -€4,708 | -6.6% |
| Plant, machinery and equipment | 23 | €29,201 | €13,159 | -€16,041 | -54.9% |
| Furniture and vehicles | 24 | €31,147 | €24,429 | -€6,718 | -21.6% |
| Other tangible fixed assets | 26 | €10,897 | €28,949 | +€18,052 | +166% |
| Financial fixed assets | 28 | €3,660 | €9,060 | +€5,400 | +148% |
| Current assets | 29/58 | €389,211 | €428,954 | +€39,743 | +10.2% |
| Stocks and contracts in progress | 3 | €16,833 | €5,018 | -€11,815 | -70.2% |
| Stocks | 30/36 | €16,833 | €5,018 | -€11,815 | -70.2% |
| Amounts receivable within one year | 40/41 | €204,053 | €185,518 | -€18,535 | -9.1% |
| Trade receivables | 40 | €92,629 | €100,775 | +€8,145 | +8.8% |
| Other amounts receivable | 41 | €111,423 | €84,743 | -€26,680 | -23.9% |
| Cash at bank and in hand | 54/58 | €162,405 | €234,443 | +€72,038 | +44.4% |
| Deferred charges and accrued income | 490/1 | €5,920 | €3,975 | -€1,945 | -32.9% |
| Total equity and liabilities | 10/49 | €464,117 | €504,551 | +€40,435 | +8.7% |
| Equity | 10/15 | €80,402 | €83,335 | +€2,932 | +3.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Capital | 10 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €58,965 | €64,188 | +€5,223 | +8.9% |
| Investment grants | 15 | €16,437 | €14,147 | -€2,291 | -13.9% |
| Amounts payable | 17/49 | €383,714 | €421,216 | +€37,502 | +9.8% |
| Amounts payable within one year | 42/48 | €383,714 | €421,216 | +€37,502 | +9.8% |
| Trade debts | 44 | €377,300 | €413,944 | +€36,644 | +9.7% |
| Suppliers | 440/4 | €377,300 | €413,944 | +€36,644 | +9.7% |
| Taxes, remuneration and social security | 45 | €5,328 | €5,761 | +€433 | +8.1% |
| Taxes | 450/3 | €25 | €0 | -€25 | -100% |
| Remuneration and social security | 454/9 | €5,303 | €5,761 | +€458 | +8.6% |
| Remuneration, social security and pensions | 62 | €85,696 | €32,017 | -€53,680 | -62.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,788 | €12,038 | -€7,751 | -39.2% |
| Other operating charges | 640/8 | €7,220 | €11,292 | +€4,072 | +56.4% |
| Gross operating margin | 9900 | €132,352 | €68,468 | -€63,885 | -48.3% |
| Operating profit (loss) | 9901 | €19,647 | €13,121 | -€6,527 | -33.2% |
| Financial income | 75/76B | €8,527 | €2,005 | -€6,522 | -76.5% |
| Recurring financial income | 75 | €8,527 | €2,005 | -€6,522 | -76.5% |
| Financial charges | 65/66B | €19,786 | €9,903 | -€9,884 | -50.0% |
| Recurring financial charges | 65 | €19,786 | €9,903 | -€9,884 | -50.0% |
| Profit (loss) for the period before taxes | 9903 | €8,388 | €5,223 | -€3,165 | -37.7% |
| Profit (loss) for the period | 9904 | €8,388 | €5,223 | -€3,165 | -37.7% |
| Profit (loss) for the period to be appropriated | 9905 | €8,388 | €5,223 | -€3,165 | -37.7% |
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 4 November 2026 via checked.be.