SENSY: 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.
What changed
SENSY
NACE 72.109, Other research and development on natural sciences
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€6,016
2024 · €125,305-€119,289
Equity
€912,377
2024 · €933,052-€20,675
Cash
€63,924
2024 · €82,460-€18,535
Balance sheet total
€3.8m
2024 · €3.7m+€27,140
Largest movements
Assets
- Receivables within one year -€236,579
down €236,579 (-25.4%), from €930,611 to €694,032
of which Other amounts receivable: -€126,976
- Stocks and contracts +€173,912
up €173,912 (+7.9%), from €2.2m to €2.4m
- Intangible fixed assets +€165,339
up €165,339 (+76.5%), from €216,181 to €381,520
- Tangible fixed assets -€50,575
down €50,575 (-18.4%), from €275,397 to €224,822
of which Furniture and vehicles: -€47,049
Equity and liabilities
- Debts after one year -€81,551
down €81,551 (-7.5%), from €1.1m to €1.0m
of which Other amounts payable: -€97,516
- Short-term financial debts +€62,617
up €62,617 (+8.9%), from €700,347 to €762,964
- Trade debts +€50,274
up €50,274 (+12.5%), from €401,533 to €451,807
- Tax, wage and social debts +€46,892
up €46,892 (+15.8%), from €297,129 to €344,021
of which Taxes: +€35,548
Income statement
- Gross operating margin -€267,633
down €267,633 (-9.3%), from €2.9m to €2.6m
- Staff costs -€86,291
down €86,291 (-3.4%), from €2.5m to €2.4m
- Taxes -€39,180
down €39,180 (-50.5%), from €77,521 to €38,340
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.
Result 2024
€125,305
Gross operating margin
-€267,633
Staff costs
+€86,291
Depreciation
-€13,986
Write-downs
-€7,745
Other operating charges
+€1,377
Other operating items
+€27,854
Financial income
+€2,198
Financial charges
+€13,174
Taxes
+€39,180
Result 2025
€6,016
Cash bridge derived
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
+€356,612
Investment
-€317,934
Financing
-€57,213
Cash 2024
€82,460
From operations (derived)
+€356,612
Net result for the year
+€6,016
Depreciation
+€203,170
Stocks and contracts
-€173,912
Receivables within one year
+€236,579
Deferred charges and accrued income
+€6,421
Trade debts
+€50,274
Tax, wage and social debts
+€46,892
Other debts
-€2,660
Accrued charges and deferred income
-€16,168
Investment (derived)
-€317,934
Investment in fixed assets (net)
-€317,934
Financing
-€57,213
Debts after one year
-€81,551
Current portion of long-term debt
-€11,588
Short-term financial debts
+€62,617
Contributions, distributions and other
-€26,691
Cash 2025
€63,924
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,725,831 | €3,752,971 | +€27,140 | +0.7% |
| Fixed assets | 21/28 | €491,995 | €606,759 | +€114,764 | +23.3% |
| Intangible fixed assets | 21 | €216,181 | €381,520 | +€165,339 | +76.5% |
| Tangible fixed assets | 22/27 | €275,397 | €224,822 | -€50,575 | -18.4% |
| Plant, machinery and equipment | 23 | €16,413 | €22,265 | +€5,852 | +35.7% |
| Furniture and vehicles | 24 | €142,536 | €95,487 | -€47,049 | -33.0% |
| Other tangible fixed assets | 26 | €116,448 | €107,070 | -€9,378 | -8.1% |
| Financial fixed assets | 28 | €417 | €417 | = | 0.0% |
| Current assets | 29/58 | €3,233,836 | €3,146,212 | -€87,624 | -2.7% |
| Stocks and contracts in progress | 3 | €2,211,057 | €2,384,969 | +€173,912 | +7.9% |
| Stocks | 30/36 | €2,211,057 | €2,384,969 | +€173,912 | +7.9% |
| Amounts receivable within one year | 40/41 | €930,611 | €694,032 | -€236,579 | -25.4% |
| Trade receivables | 40 | €700,981 | €591,377 | -€109,604 | -15.6% |
| Other amounts receivable | 41 | €229,631 | €102,655 | -€126,976 | -55.3% |
| Cash at bank and in hand | 54/58 | €82,460 | €63,924 | -€18,535 | -22.5% |
| Deferred charges and accrued income | 490/1 | €9,708 | €3,287 | -€6,421 | -66.1% |
| Total equity and liabilities | 10/49 | €3,725,831 | €3,752,971 | +€27,140 | +0.7% |
| Equity | 10/15 | €933,052 | €912,377 | -€20,675 | -2.2% |
| Contributions | 10/11 | €578,361 | €578,361 | = | 0.0% |
| Capital | 10 | €578,361 | €578,361 | = | 0.0% |
| Issued capital | 100 | €578,361 | €578,361 | = | 0.0% |
| Reserves | 13 | €69,182 | €69,482 | +€301 | +0.4% |
| Non-distributable reserves | 130/1 | €37,190 | €37,490 | +€301 | +0.8% |
| Legal reserve | 130 | €37,190 | €37,490 | +€301 | +0.8% |
| Distributable reserves | 133 | €31,992 | €31,992 | = | 0.0% |
| Profit (loss) carried forward | 14 | €207,471 | €213,186 | +€5,715 | +2.8% |
| Investment grants | 15 | €78,038 | €51,347 | -€26,691 | -34.2% |
| Amounts payable | 17/49 | €2,792,779 | €2,840,594 | +€47,816 | +1.7% |
| Amounts payable after more than one year | 17 | €1,084,358 | €1,002,807 | -€81,551 | -7.5% |
| Financial debts | 170/4 | €211,772 | €227,736 | +€15,964 | +7.5% |
| Other amounts payable | 178/9 | €872,587 | €775,071 | -€97,516 | -11.2% |
| Amounts payable within one year | 42/48 | €1,692,252 | €1,837,787 | +€145,535 | +8.6% |
| Current portion of amounts payable after more than one year | 42 | €231,375 | €219,786 | -€11,588 | -5.0% |
| Financial debts | 43 | €700,347 | €762,964 | +€62,617 | +8.9% |
| Credit institutions | 430/8 | €700,347 | €762,964 | +€62,617 | +8.9% |
| Trade debts | 44 | €401,533 | €451,807 | +€50,274 | +12.5% |
| Suppliers | 440/4 | €401,533 | €451,807 | +€50,274 | +12.5% |
| Taxes, remuneration and social security | 45 | €297,129 | €344,021 | +€46,892 | +15.8% |
| Taxes | 450/3 | €58,538 | €94,086 | +€35,548 | +60.7% |
| Remuneration and social security | 454/9 | €238,592 | €249,936 | +€11,344 | +4.8% |
| Other amounts payable | 47/48 | €61,868 | €59,208 | -€2,660 | -4.3% |
| Accrued charges and deferred income | 492/3 | €16,168 | €0 | -€16,168 | -100.0% |
| Non-recurring operating income | 76A | €553,153 | €33,541 | -€519,612 | -93.9% |
| Remuneration, social security and pensions | 62 | €2,524,417 | €2,438,125 | -€86,291 | -3.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €189,184 | €203,170 | +€13,986 | +7.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€134,205 | -€126,459 | +€7,745 | +5.8% |
| Other operating charges | 640/8 | €5,709 | €4,332 | -€1,377 | -24.1% |
| Non-recurring operating charges | 66A | €27,854 | €0 | -€27,854 | -100.0% |
| Gross operating margin | 9900 | €2,882,604 | €2,614,971 | -€267,633 | -9.3% |
| Operating profit (loss) | 9901 | €269,645 | €95,804 | -€173,841 | -64.5% |
| Financial income | 75/76B | €33,323 | €35,521 | +€2,198 | +6.6% |
| Recurring financial income | 75 | €33,323 | €35,521 | +€2,198 | +6.6% |
| Financial charges | 65/66B | €100,143 | €86,969 | -€13,174 | -13.2% |
| Recurring financial charges | 65 | €100,143 | €86,969 | -€13,174 | -13.2% |
| Profit (loss) for the period before taxes | 9903 | €202,825 | €44,356 | -€158,469 | -78.1% |
| Income taxes | 67/77 | €77,521 | €38,340 | -€39,180 | -50.5% |
| Profit (loss) for the period | 9904 | €125,305 | €6,016 | -€119,289 | -95.2% |
| Profit (loss) for the period to be appropriated | 9905 | €125,305 | €6,016 | -€119,289 | -95.2% |
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 9 October 2026 via checked.be.