SENSHA: what changed
Two financial 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.
SENSHA
Largest movements
- Cash +€77,430
up €77,430 (+40.4%), from €191,741 to €269,171
mainly Depreciation (+€206,477) and Trade debts (+€95,626)
- Tangible fixed assets +€27,135
up €27,135 (+1.2%), from €2.2m to €2.2m
of which Land and buildings: +€73,456
- Debts after one year -€98,644
down €98,644 (-6.1%), from €1.6m to €1.5m
- Trade debts +€95,626
up €95,626 (+206%), from €46,425 to €142,051
- Accrued charges and deferred income +€44,396
up €44,396 (+205%), from €21,639 to €66,034
- Current portion of long-term debt +€37,518
up €37,518 (+15.3%), from €245,482 to €283,000
- Financial charges +€67,287
up €67,287 (+122%), from €55,126 to €122,413
- Gross operating margin +€63,800
up €63,800 (+13.0%), from €491,338 to €555,137
- Staff costs +€44,428
up €44,428 (+35.5%), from €125,135 to €169,563
- Depreciation -€7,890
down €7,890 (-3.7%), from €214,367 to €206,477
- Other operating charges +€5,958
up €5,958 (+29.9%), from €19,932 to €25,890
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.
Derived cash bridge
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 | €2,424,700 | €2,533,270 | +€108,570 | +4.5% |
| Fixed assets | 21/28 | €2,173,899 | €2,200,785 | +€26,886 | +1.2% |
| Intangible fixed assets | 21 | €248 | €0 | -€248 | -100% |
| Tangible fixed assets | 22/27 | €2,173,651 | €2,200,785 | +€27,135 | +1.2% |
| Land and buildings | 22 | €1,702,168 | €1,775,624 | +€73,456 | +4.3% |
| Plant, machinery and equipment | 23 | €328,754 | €385,803 | +€57,049 | +17.4% |
| Furniture and vehicles | 24 | €142,729 | €39,359 | -€103,370 | -72.4% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €250,801 | €332,485 | +€81,684 | +32.6% |
| Stocks and contracts in progress | 3 | €39,693 | €29,447 | -€10,246 | -25.8% |
| Stocks | 30/36 | €39,693 | €29,447 | -€10,246 | -25.8% |
| Amounts receivable within one year | 40/41 | €11,579 | €21,921 | +€10,342 | +89.3% |
| Trade receivables | 40 | €10,184 | €6,535 | -€3,649 | -35.8% |
| Other amounts receivable | 41 | €1,395 | €15,386 | +€13,991 | +1,003% |
| Cash at bank and in hand | 54/58 | €191,741 | €269,171 | +€77,430 | +40.4% |
| Deferred charges and accrued income | 490/1 | €7,788 | €11,946 | +€4,158 | +53.4% |
| Total equity and liabilities | 10/49 | €2,424,700 | €2,533,270 | +€108,570 | +4.5% |
| Equity | 10/15 | €416,934 | €438,602 | +€21,668 | +5.2% |
| Contributions | 10/11 | €370,000 | €370,000 | = | 0.0% |
| Reserves | 13 | €46,934 | €68,602 | +€21,668 | +46.2% |
| Distributable reserves | 133 | €46,934 | €68,602 | +€21,668 | +46.2% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €2,007,766 | €2,094,668 | +€86,902 | +4.3% |
| Amounts payable after more than one year | 17 | €1,624,995 | €1,526,351 | -€98,644 | -6.1% |
| Financial debts | 170/4 | €1,624,995 | €1,526,351 | -€98,644 | -6.1% |
| Amounts payable within one year | 42/48 | €361,132 | €502,283 | +€141,151 | +39.1% |
| Current portion of amounts payable after more than one year | 42 | €245,482 | €283,000 | +€37,518 | +15.3% |
| Trade debts | 44 | €46,425 | €142,051 | +€95,626 | +206% |
| Suppliers | 440/4 | €46,425 | €142,051 | +€95,626 | +206% |
| Taxes, remuneration and social security | 45 | €68,626 | €75,132 | +€6,507 | +9.5% |
| Taxes | 450/3 | €56,961 | €57,296 | +€335 | +0.6% |
| Remuneration and social security | 454/9 | €11,665 | €17,837 | +€6,172 | +52.9% |
| Other amounts payable | 47/48 | €600 | €2,100 | +€1,500 | +250% |
| Accrued charges and deferred income | 492/3 | €21,639 | €66,034 | +€44,396 | +205% |
| Non-recurring operating income | 76A | €19,743 | €0 | -€19,743 | -100% |
| Remuneration, social security and pensions | 62 | €125,135 | €169,563 | +€44,428 | +35.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €214,367 | €206,477 | -€7,890 | -3.7% |
| Other operating charges | 640/8 | €19,932 | €25,890 | +€5,958 | +29.9% |
| Non-recurring operating charges | 66A | - | €6,513 | +€6,513 | |
| Gross operating margin | 9900 | €491,338 | €555,137 | +€63,800 | +13.0% |
| Operating profit (loss) | 9901 | €131,904 | €146,695 | +€14,790 | +11.2% |
| Financial income | 75/76B | €2,867 | €2,001 | -€866 | -30.2% |
| Recurring financial income | 75 | €2,867 | €2,001 | -€866 | -30.2% |
| Financial charges | 65/66B | €55,126 | €122,413 | +€67,287 | +122% |
| Recurring financial charges | 65 | €55,126 | €122,413 | +€67,287 | +122% |
| Profit (loss) for the period before taxes | 9903 | €79,645 | €26,282 | -€53,363 | -67.0% |
| Income taxes | 67/77 | €5,123 | €4,614 | -€509 | -9.9% |
| Profit (loss) for the period | 9904 | €74,522 | €21,668 | -€52,854 | -70.9% |
| Profit (loss) for the period to be appropriated | 9905 | €74,522 | €21,668 | -€52,854 | -70.9% |
Source: filed annual accounts (NBB), financial 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 October 2026 via checked.be.