SENTEX: 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.
SENTEX
Largest movements
- Stocks and contracts +€30,341
up €30,341 (+156.7%), from €19,362 to €49,702
- Receivables within one year +€5,987
up €5,987 (+2.7%), from €223,699 to €229,686
of which Other amounts receivable: +€3,400
- Profit (loss) carried forward +€27,699
up €27,699 (+33.9%), from €81,755 to €109,453
- Trade debts +€17,080
up €17,080 (+41.4%), from €41,215 to €58,295
- Tax, wage and social debts -€6,653
down €6,653 (-10.7%), from €62,357 to €55,703
of which Taxes: -€6,763
- Financial income +€5,397
up €5,397 (+74.4%), from €7,256 to €12,652
- Financial charges +€2,777
up €2,777 (+139.3%), from €1,994 to €4,771
- Staff costs -€2,527
down €2,527 (-2.8%), from €89,891 to €87,365
- Gross operating margin +€2,160
up €2,160 (+1.8%), from €121,433 to €123,594
- Taxes +€1,618
up €1,618 (+17.3%), from €9,349 to €10,967
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 | €259,726 | €297,851 | +€38,126 | +14.7% |
| Fixed assets | 21/28 | €13,207 | €14,805 | +€1,598 | +12.1% |
| Tangible fixed assets | 22/27 | €11,720 | €13,318 | +€1,598 | +13.6% |
| Plant, machinery and equipment | 23 | €11,720 | €13,318 | +€1,598 | +13.6% |
| Financial fixed assets | 28 | €1,487 | €1,487 | = | 0.0% |
| Current assets | 29/58 | €246,519 | €283,046 | +€36,528 | +14.8% |
| Stocks and contracts in progress | 3 | €19,362 | €49,702 | +€30,341 | +156.7% |
| Stocks | 30/36 | €19,362 | €49,702 | +€30,341 | +156.7% |
| Amounts receivable within one year | 40/41 | €223,699 | €229,686 | +€5,987 | +2.7% |
| Trade receivables | 40 | €56,900 | €59,487 | +€2,587 | +4.5% |
| Other amounts receivable | 41 | €166,799 | €170,199 | +€3,400 | +2.0% |
| Cash at bank and in hand | 54/58 | €2,489 | €3,228 | +€739 | +29.7% |
| Deferred charges and accrued income | 490/1 | €969 | €430 | -€539 | -55.6% |
| Total equity and liabilities | 10/49 | €259,726 | €297,851 | +€38,126 | +14.7% |
| Equity | 10/15 | €156,155 | €183,853 | +€27,699 | +17.7% |
| Contributions | 10/11 | €74,400 | €74,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | €81,755 | €109,453 | +€27,699 | +33.9% |
| Amounts payable | 17/49 | €103,571 | €113,998 | +€10,427 | +10.1% |
| Amounts payable within one year | 42/48 | €103,571 | €113,998 | +€10,427 | +10.1% |
| Trade debts | 44 | €41,215 | €58,295 | +€17,080 | +41.4% |
| Suppliers | 440/4 | €41,215 | €58,295 | +€17,080 | +41.4% |
| Taxes, remuneration and social security | 45 | €62,357 | €55,703 | -€6,653 | -10.7% |
| Taxes | 450/3 | €43,607 | €36,844 | -€6,763 | -15.5% |
| Remuneration and social security | 454/9 | €18,750 | €18,860 | +€110 | +0.6% |
| Remuneration, social security and pensions | 62 | €89,891 | €87,365 | -€2,527 | -2.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,455 | €2,952 | +€1,497 | +102.9% |
| Other operating charges | 640/8 | €4,051 | €2,493 | -€1,558 | -38.5% |
| Gross operating margin | 9900 | €121,433 | €123,594 | +€2,160 | +1.8% |
| Operating profit (loss) | 9901 | €26,036 | €30,784 | +€4,748 | +18.2% |
| Financial income | 75/76B | €7,256 | €12,652 | +€5,397 | +74.4% |
| Recurring financial income | 75 | €7,256 | €12,652 | +€5,397 | +74.4% |
| Financial charges | 65/66B | €1,994 | €4,771 | +€2,777 | +139.3% |
| Recurring financial charges | 65 | €1,994 | €4,771 | +€2,777 | +139.3% |
| Profit (loss) for the period before taxes | 9903 | €31,298 | €38,665 | +€7,368 | +23.5% |
| Income taxes | 67/77 | €9,349 | €10,967 | +€1,618 | +17.3% |
| Profit (loss) for the period | 9904 | €21,949 | €27,699 | +€5,750 | +26.2% |
| Profit (loss) for the period to be appropriated | 9905 | €21,949 | €27,699 | +€5,750 | +26.2% |
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 1 October 2026 via checked.be.