Sensu Projects: 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.
Sensu Projects
Largest movements
- Stocks and contracts +€320,147
up €320,147 (+34.4%), from €931,266 to €1.3m
- Short-term financial debts +€224,303
up €224,303 (+33.2%), from €675,697 to €900,000
- Other debts +€109,750
up €109,750 (+66.0%), from €166,400 to €276,150
- Profit (loss) carried forward -€19,284
down €19,284, from €0 to -€19,284
- Financial charges +€17,520
up €17,520 (+20,859%), from €84 to €17,604
- Gross operating margin -€4,704
down €4,704 (-196%), from -€2,403 to -€7,107
- Financial income -€3,986
down €3,986 (-48.5%), from €8,212 to €4,226
- Taxes -€933
down €933 (-100%), from €933 to €0
- Other operating charges +€402
up €402 (+319%), from €126 to €528
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 | €947,372 | €1,260,012 | +€312,640 | +33.0% |
| Formation expenses | 20 | €2,369 | €1,300 | -€1,069 | -45.1% |
| Fixed assets | 21/28 | €3,800 | €2,500 | -€1,300 | -34.2% |
| Financial fixed assets | 28 | €3,800 | €2,500 | -€1,300 | -34.2% |
| Current assets | 29/58 | €941,203 | €1,256,212 | +€315,009 | +33.5% |
| Stocks and contracts in progress | 3 | €931,266 | €1,251,412 | +€320,147 | +34.4% |
| Stocks | 30/36 | €931,266 | €1,251,412 | +€320,147 | +34.4% |
| Amounts receivable within one year | 40/41 | €1,069 | €394 | -€675 | -63.1% |
| Trade receivables | 40 | - | €270 | +€270 | |
| Other amounts receivable | 41 | €1,069 | €124 | -€945 | -88.4% |
| Cash at bank and in hand | 54/58 | €5,447 | €1,643 | -€3,804 | -69.8% |
| Deferred charges and accrued income | 490/1 | €3,421 | €2,762 | -€659 | -19.3% |
| Total equity and liabilities | 10/49 | €947,372 | €1,260,012 | +€312,640 | +33.0% |
| Equity | 10/15 | €102,798 | €80,716 | -€22,082 | -21.5% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €2,798 | €0 | -€2,798 | -100% |
| Distributable reserves | 133 | €2,798 | €0 | -€2,798 | -100% |
| Profit (loss) carried forward | 14 | €0 | -€19,284 | -€19,284 | |
| Amounts payable | 17/49 | €844,574 | €1,179,296 | +€334,722 | +39.6% |
| Amounts payable within one year | 42/48 | €843,268 | €1,177,906 | +€334,637 | +39.7% |
| Financial debts | 43 | €675,697 | €900,000 | +€224,303 | +33.2% |
| Credit institutions | 430/8 | €675,697 | €900,000 | +€224,303 | +33.2% |
| Trade debts | 44 | €239 | €823 | +€584 | +244% |
| Suppliers | 440/4 | €239 | €823 | +€584 | +244% |
| Taxes, remuneration and social security | 45 | €933 | €933 | = | 0.0% |
| Taxes | 450/3 | €933 | €933 | = | 0.0% |
| Other amounts payable | 47/48 | €166,400 | €276,150 | +€109,750 | +66.0% |
| Accrued charges and deferred income | 492/3 | €1,306 | €1,390 | +€84 | +6.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,069 | €1,069 | = | 0.0% |
| Other operating charges | 640/8 | €126 | €528 | +€402 | +319% |
| Gross operating margin | 9900 | -€2,403 | -€7,107 | -€4,704 | -196% |
| Operating profit (loss) | 9901 | -€3,598 | -€8,704 | -€5,106 | -142% |
| Financial income | 75/76B | €8,212 | €4,226 | -€3,986 | -48.5% |
| Recurring financial income | 75 | €8,212 | €4,226 | -€3,986 | -48.5% |
| Financial charges | 65/66B | €84 | €17,604 | +€17,520 | +20,859% |
| Recurring financial charges | 65 | €84 | €17,604 | +€17,520 | +20,859% |
| Profit (loss) for the period before taxes | 9903 | €4,530 | -€22,082 | -€26,612 | |
| Income taxes | 67/77 | €933 | €0 | -€933 | -100% |
| Profit (loss) for the period | 9904 | €3,597 | -€22,082 | -€25,679 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,597 | -€22,082 | -€25,679 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.