SENTADVICE: 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.
SENTADVICE
Largest movements
- Cash -€23,870
down €23,870 (-87.5%), from €27,282 to €3,412
mainly Net result for the year (-€20,675) and Contributions, distributions and other (-€15,855)
- Intangible fixed assets +€10,640
new in 2025: €10,640
- Receivables within one year +€1,006
up €1,006 (+19.1%), from €5,264 to €6,270
- Tangible fixed assets +€581
up €581 (+144.9%), from €401 to €982
- Profit (loss) carried forward -€20,675
new in 2025: -€20,675
- Other debts +€18,115
up €18,115 (+407.5%), from €4,445 to €22,561
- Reserves -€15,855
no longer reported in 2025 (was €15,855)
- Current portion of long-term debt +€4,611
new in 2025: €4,611
- Trade debts +€1,106
up €1,106 (+83.1%), from €1,331 to €2,437
- Gross operating margin -€36,594
down €36,594, from €18,150 to -€18,444
- Taxes -€1,267
down €1,267 (-88.5%), from €1,432 to €165
- Other operating charges -€385
down €385 (-75.1%), from €513 to €128
- Depreciation +€361
up €361 (+99.6%), from €362 to €723
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 | €32,947 | €21,313 | -€11,634 | -35.3% |
| Fixed assets | 21/28 | €401 | €11,622 | +€11,221 | +2799.4% |
| Intangible fixed assets | 21 | - | €10,640 | +€10,640 | |
| Tangible fixed assets | 22/27 | €401 | €982 | +€581 | +144.9% |
| Plant, machinery and equipment | 23 | €401 | €982 | +€581 | +144.9% |
| Current assets | 29/58 | €32,546 | €9,691 | -€22,855 | -70.2% |
| Amounts receivable within one year | 40/41 | €5,264 | €6,270 | +€1,006 | +19.1% |
| Other amounts receivable | 41 | €5,264 | €6,270 | +€1,006 | +19.1% |
| Cash at bank and in hand | 54/58 | €27,282 | €3,412 | -€23,870 | -87.5% |
| Deferred charges and accrued income | 490/1 | - | €8 | +€8 | |
| Total equity and liabilities | 10/49 | €32,947 | €21,313 | -€11,634 | -35.3% |
| Equity | 10/15 | €19,855 | -€16,675 | -€36,529 | |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €15,855 | - | -€15,855 | |
| Distributable reserves | 133 | €15,855 | - | -€15,855 | |
| Profit (loss) carried forward | 14 | - | -€20,675 | -€20,675 | |
| Amounts payable | 17/49 | €13,093 | €37,988 | +€24,895 | +190.1% |
| Amounts payable within one year | 42/48 | €13,085 | €37,988 | +€24,903 | +190.3% |
| Current portion of amounts payable after more than one year | 42 | - | €4,611 | +€4,611 | |
| Trade debts | 44 | €1,331 | €2,437 | +€1,106 | +83.1% |
| Suppliers | 440/4 | €1,331 | €2,437 | +€1,106 | +83.1% |
| Taxes, remuneration and social security | 45 | €7,308 | €8,379 | +€1,071 | +14.7% |
| Taxes | 450/3 | €7,308 | €8,379 | +€1,071 | +14.7% |
| Other amounts payable | 47/48 | €4,445 | €22,561 | +€18,115 | +407.5% |
| Accrued charges and deferred income | 492/3 | €8 | - | -€8 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €362 | €723 | +€361 | +99.6% |
| Other operating charges | 640/8 | €513 | €128 | -€385 | -75.1% |
| Gross operating margin | 9900 | €18,150 | -€18,444 | -€36,594 | |
| Operating profit (loss) | 9901 | €17,275 | -€19,295 | -€36,570 | |
| Financial income | 75/76B | €11 | - | -€11 | |
| Recurring financial income | 75 | €11 | - | -€11 | |
| Financial charges | 65/66B | €1,214 | €1,214 | +€1 | +0.1% |
| Recurring financial charges | 65 | €1,214 | €1,214 | +€1 | +0.1% |
| Profit (loss) for the period before taxes | 9903 | €16,071 | -€20,510 | -€36,581 | |
| Income taxes | 67/77 | €1,432 | €165 | -€1,267 | -88.5% |
| Profit (loss) for the period | 9904 | €14,639 | -€20,675 | -€35,314 | |
| Profit (loss) for the period to be appropriated | 9905 | €14,639 | -€20,675 | -€35,314 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.