SENT: 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.
SENT
Largest movements
- Tangible fixed assets -€13,332
down €13,332 (-3.9%), from €345,501 to €332,169
of which Land and buildings: -€6,693
- Cash +€12,577
up €12,577 (+31.4%), from €40,020 to €52,597
mainly Net result for the year (+€32,363) and Depreciation (+€23,625)
- Reserves +€21,020
up €21,020 (+43.7%), from €48,075 to €69,095
of which Distributable reserves: +€21,020
- Debts after one year -€16,098
down €16,098 (-7.9%), from €204,001 to €187,903
- Other debts -€8,086
down €8,086 (-9.9%), from €81,395 to €73,308
- Tax, wage and social debts +€5,567
up €5,567 (+91.8%), from €6,064 to €11,631
of which Remuneration and social security: +€3,149
- Trade debts -€4,479
down €4,479 (-54.9%), from €8,164 to €3,685
- Gross operating margin +€31,349
up €31,349 (+63.7%), from €49,235 to €80,585
- Taxes +€8,285
up €8,285 (+156.8%), from €5,285 to €13,570
- Depreciation +€1,951
up €1,951 (+9.0%), from €21,675 to €23,625
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €385,986 | €384,943 | -€1,043 | -0.3% |
| Fixed assets | 21/28 | €345,501 | €332,169 | -€13,332 | -3.9% |
| Tangible fixed assets | 22/27 | €345,501 | €332,169 | -€13,332 | -3.9% |
| Land and buildings | 22 | €288,031 | €281,339 | -€6,693 | -2.3% |
| Plant, machinery and equipment | 23 | €5,752 | €4,937 | -€815 | -14.2% |
| Furniture and vehicles | 24 | €51,718 | €45,894 | -€5,825 | -11.3% |
| Current assets | 29/58 | €40,484 | €52,774 | +€12,289 | +30.4% |
| Amounts receivable within one year | 40/41 | €0 | - | = | |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €40,020 | €52,597 | +€12,577 | +31.4% |
| Deferred charges and accrued income | 490/1 | €464 | €177 | -€287 | -61.8% |
| Total equity and liabilities | 10/49 | €385,986 | €384,943 | -€1,043 | -0.3% |
| Equity | 10/15 | €69,075 | €90,095 | +€21,020 | +30.4% |
| Contributions | 10/11 | €21,000 | €21,000 | = | 0.0% |
| Reserves | 13 | €48,075 | €69,095 | +€21,020 | +43.7% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €48,075 | €69,095 | +€21,020 | +43.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €316,911 | €294,848 | -€22,063 | -7.0% |
| Amounts payable after more than one year | 17 | €204,001 | €187,903 | -€16,098 | -7.9% |
| Financial debts | 170/4 | €204,001 | €187,903 | -€16,098 | -7.9% |
| Amounts payable within one year | 42/48 | €112,910 | €106,945 | -€5,966 | -5.3% |
| Current portion of amounts payable after more than one year | 42 | €17,288 | €18,320 | +€1,033 | +6.0% |
| Trade debts | 44 | €8,164 | €3,685 | -€4,479 | -54.9% |
| Suppliers | 440/4 | €8,164 | €3,685 | -€4,479 | -54.9% |
| Taxes, remuneration and social security | 45 | €6,064 | €11,631 | +€5,567 | +91.8% |
| Taxes | 450/3 | €6,064 | €8,482 | +€2,418 | +39.9% |
| Remuneration and social security | 454/9 | - | €3,149 | +€3,149 | |
| Other amounts payable | 47/48 | €81,395 | €73,308 | -€8,086 | -9.9% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,675 | €23,625 | +€1,951 | +9.0% |
| Other operating charges | 640/8 | €2,088 | €1,876 | -€212 | -10.1% |
| Gross operating margin | 9900 | €49,235 | €80,585 | +€31,349 | +63.7% |
| Operating profit (loss) | 9901 | €25,473 | €55,083 | +€29,610 | +116.2% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €8,785 | €9,151 | +€365 | +4.2% |
| Recurring financial charges | 65 | €8,785 | €9,151 | +€365 | +4.2% |
| Profit (loss) for the period before taxes | 9903 | €16,688 | €45,933 | +€29,245 | +175.3% |
| Income taxes | 67/77 | €5,285 | €13,570 | +€8,285 | +156.8% |
| Profit (loss) for the period | 9904 | €11,403 | €32,363 | +€20,960 | +183.8% |
| Profit (loss) for the period to be appropriated | 9905 | €11,403 | €32,363 | +€20,960 | +183.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.