senstudio: 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.
senstudio
Largest movements
- Receivables within one year +€66,420
up €66,420 (+111%), from €59,640 to €126,060
of which Trade receivables: +€80,282
- Tangible fixed assets -€32,765
down €32,765 (-5.4%), from €606,171 to €573,407
of which Land and buildings: -€19,073
- Cash -€26,398
down €26,398 (-9.3%), from €284,816 to €258,418
mainly Receivables within one year (-€66,420) and Debts after one year (-€37,991)
- Debts after one year -€37,991
down €37,991 (-12.3%), from €310,062 to €272,070
- Tax, wage and social debts +€27,390
up €27,390 (+62.4%), from €43,910 to €71,299
of which Remuneration and social security: +€15,739
- Reserves +€21,669
up €21,669 (+4.3%), from €508,921 to €530,590
of which Distributable reserves: +€21,669
- Gross operating margin +€30,372
up €30,372 (+23.3%), from €130,248 to €160,620
- Taxes +€5,316
up €5,316 (+137%), from €3,884 to €9,200
- Depreciation +€3,496
up €3,496 (+5.9%), from €58,972 to €62,467
- Staff costs +€3,258
up €3,258 (+6.9%), from €47,128 to €50,386
- Other operating charges +€2,675
up €2,675 (+84.6%), from €3,164 to €5,839
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 | €955,341 | €960,267 | +€4,925 | +0.5% |
| Fixed assets | 21/28 | €606,671 | €574,197 | -€32,475 | -5.4% |
| Tangible fixed assets | 22/27 | €606,171 | €573,407 | -€32,765 | -5.4% |
| Land and buildings | 22 | €476,327 | €457,254 | -€19,073 | -4.0% |
| Plant, machinery and equipment | 23 | €126,178 | €109,745 | -€16,433 | -13.0% |
| Furniture and vehicles | 24 | €3,666 | €6,407 | +€2,741 | +74.8% |
| Financial fixed assets | 28 | €500 | €790 | +€290 | +58.0% |
| Current assets | 29/58 | €348,670 | €386,070 | +€37,400 | +10.7% |
| Amounts receivable within one year | 40/41 | €59,640 | €126,060 | +€66,420 | +111% |
| Trade receivables | 40 | €45,778 | €126,060 | +€80,282 | +175% |
| Other amounts receivable | 41 | €13,862 | - | -€13,862 | |
| Cash at bank and in hand | 54/58 | €284,816 | €258,418 | -€26,398 | -9.3% |
| Deferred charges and accrued income | 490/1 | €4,215 | €1,592 | -€2,622 | -62.2% |
| Total equity and liabilities | 10/49 | €955,341 | €960,267 | +€4,925 | +0.5% |
| Equity | 10/15 | €545,921 | €567,590 | +€21,669 | +4.0% |
| Contributions | 10/11 | €37,000 | €37,000 | = | 0.0% |
| Reserves | 13 | €508,921 | €530,590 | +€21,669 | +4.3% |
| Non-distributable reserves | 130/1 | €3,700 | €3,700 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,700 | €3,700 | = | 0.0% |
| Distributable reserves | 133 | €505,221 | €526,890 | +€21,669 | +4.3% |
| Amounts payable | 17/49 | €409,420 | €392,677 | -€16,743 | -4.1% |
| Amounts payable after more than one year | 17 | €310,062 | €272,070 | -€37,991 | -12.3% |
| Financial debts | 170/4 | €310,062 | €272,070 | -€37,991 | -12.3% |
| Amounts payable within one year | 42/48 | €94,878 | €120,606 | +€25,728 | +27.1% |
| Current portion of amounts payable after more than one year | 42 | €37,150 | €37,991 | +€842 | +2.3% |
| Trade debts | 44 | €13,819 | €10,906 | -€2,912 | -21.1% |
| Suppliers | 440/4 | €13,819 | €10,906 | -€2,912 | -21.1% |
| Taxes, remuneration and social security | 45 | €43,910 | €71,299 | +€27,390 | +62.4% |
| Taxes | 450/3 | €939 | €12,590 | +€11,650 | +1,240% |
| Remuneration and social security | 454/9 | €42,970 | €58,709 | +€15,739 | +36.6% |
| Other amounts payable | 47/48 | - | €409 | +€409 | |
| Accrued charges and deferred income | 492/3 | €4,480 | - | -€4,480 | |
| Remuneration, social security and pensions | 62 | €47,128 | €50,386 | +€3,258 | +6.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €58,972 | €62,467 | +€3,496 | +5.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€770 | - | +€770 | |
| Other operating charges | 640/8 | €3,164 | €5,839 | +€2,675 | +84.6% |
| Gross operating margin | 9900 | €130,248 | €160,620 | +€30,372 | +23.3% |
| Operating profit (loss) | 9901 | €21,754 | €41,927 | +€20,173 | +92.7% |
| Financial income | 75/76B | €1,176 | €0 | -€1,176 | -100.0% |
| Recurring financial income | 75 | €1,176 | €0 | -€1,176 | -100.0% |
| Financial charges | 65/66B | €9,653 | €11,058 | +€1,406 | +14.6% |
| Recurring financial charges | 65 | €9,653 | €11,058 | +€1,406 | +14.6% |
| Profit (loss) for the period before taxes | 9903 | €13,278 | €30,869 | +€17,591 | +132% |
| Income taxes | 67/77 | €3,884 | €9,200 | +€5,316 | +137% |
| Profit (loss) for the period | 9904 | €9,393 | €21,669 | +€12,275 | +131% |
| Profit (loss) for the period to be appropriated | 9905 | €9,393 | €21,669 | +€12,275 | +131% |
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 24 October 2026 via checked.be.