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SENSEL: 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.

What changed

SENSEL

BE 0461.648.536
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€2,287
2024 · €5,469-€7,756
Equity
€184,608
2024 · €186,895-€2,287
Cash
€55,427
2024 · €79,533-€24,106
Balance sheet total
€252,900
2024 · €257,359-€4,459

Largest movements

2024 to 2025
Assets
  • Cash -€24,106

    down €24,106 (-30.3%), from €79,533 to €55,427

    mainly Current investments (-€10,000) and Receivables within one year (-€9,872)

  • Current investments +€10,000

    up €10,000 (+5.9%), from €170,000 to €180,000

  • Receivables within one year +€9,872

    up €9,872 (+165.5%), from €5,965 to €15,837

    of which Trade receivables: +€9,487

Equity and liabilities
  • Other debts -€7,905

    down €7,905 (-11.5%), from €68,767 to €60,862

  • Accrued charges and deferred income +€5,118

    new in 2025: €5,118

Income statement
  • Gross operating margin -€7,967

    down €7,967, from €6,200 to -€1,767

  • Depreciation -€1,857

    down €1,857 (-86.1%), from €2,155 to €299

  • Financial charges +€1,106

    up €1,106 (+28.4%), from €3,896 to €5,002

  • Other operating charges +€236

    up €236 (+21.8%), from €1,083 to €1,319

  • Financial income -€220

    down €220 (-3.3%), from €6,688 to €6,468

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €5,469
Gross operating margin -€7,967
Depreciation +€1,857
Other operating charges -€236
Financial income -€220
Financial charges -€1,106
Taxes -€83
Result 2025 -€2,287

Cash bridge derived

cash 2024 to 2025

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.

From operations -€14,106
Investment -€10,000
Financing €0
Cash 2024 €79,533
Net result for the year -€2,287
Depreciation +€299
Receivables within one year -€9,872
Deferred charges and accrued income -€73
Trade debts +€1,907
Tax, wage and social debts -€1,291
Other debts -€7,905
Accrued charges and deferred income +€5,118
Current investments -€10,000
Cash 2025 €55,427
Every line side by side 39 lines
Line Code 2024 2025 Change %
Total assets 20/58 €257,359 €252,900 -€4,459 -1.7%
Fixed assets 21/28 €618 €320 -€299 -48.3%
Tangible fixed assets 22/27 €618 €320 -€299 -48.3%
Land and buildings 22 €618 €320 -€299 -48.3%
Current assets 29/58 €256,741 €252,580 -€4,161 -1.6%
Amounts receivable within one year 40/41 €5,965 €15,837 +€9,872 +165.5%
Trade receivables 40 €560 €10,047 +€9,487 +1693.2%
Other amounts receivable 41 €5,405 €5,790 +€385 +7.1%
Current investments 50/53 €170,000 €180,000 +€10,000 +5.9%
Cash at bank and in hand 54/58 €79,533 €55,427 -€24,106 -30.3%
Deferred charges and accrued income 490/1 €1,244 €1,316 +€73 +5.9%
Total equity and liabilities 10/49 €257,359 €252,900 -€4,459 -1.7%
Equity 10/15 €186,895 €184,608 -€2,287 -1.2%
Contributions 10/11 €18,592 €18,592 = 0.0%
Reserves 13 €176,512 €176,512 = 0.0%
Non-distributable reserves 130/1 €1,860 €0 -€1,860 -100.0%
Reserves not available under the articles 1311 €1,860 €0 -€1,860 -100.0%
Distributable reserves 133 €174,652 €176,512 +€1,860 +1.1%
Profit (loss) carried forward 14 -€8,209 -€10,497 -€2,287 -27.9%
Amounts payable 17/49 €70,464 €68,292 -€2,172 -3.1%
Amounts payable within one year 42/48 €70,464 €63,175 -€7,290 -10.3%
Trade debts 44 €406 €2,313 +€1,907 +469.9%
Suppliers 440/4 €406 €2,313 +€1,907 +469.9%
Taxes, remuneration and social security 45 €1,291 €0 -€1,291 -100.0%
Taxes 450/3 €1,291 €0 -€1,291 -100.0%
Other amounts payable 47/48 €68,767 €60,862 -€7,905 -11.5%
Accrued charges and deferred income 492/3 - €5,118 +€5,118
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €2,155 €299 -€1,857 -86.1%
Other operating charges 640/8 €1,083 €1,319 +€236 +21.8%
Gross operating margin 9900 €6,200 -€1,767 -€7,967
Operating profit (loss) 9901 €2,962 -€3,385 -€6,347
Financial income 75/76B €6,688 €6,468 -€220 -3.3%
Recurring financial income 75 €6,688 €6,468 -€220 -3.3%
Financial charges 65/66B €3,896 €5,002 +€1,106 +28.4%
Recurring financial charges 65 €3,896 €5,002 +€1,106 +28.4%
Profit (loss) for the period before taxes 9903 €5,755 -€1,919 -€7,674
Income taxes 67/77 €286 €368 +€83 +28.9%
Profit (loss) for the period 9904 €5,469 -€2,287 -€7,756
Profit (loss) for the period to be appropriated 9905 €5,469 -€2,287 -€7,756

Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.