SENTIANCE: 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.
SENTIANCE
Largest movements
- Cash -€207,357
down €207,357 (-34.0%), from €609,245 to €401,888
mainly Net result for the year (-€4.5m) and Current portion of long-term debt (-€762,500)
- Receivables within one year +€106,252
up €106,252 (+16.5%), from €645,525 to €751,776
of which Trade receivables: +€75,453
- Deferred charges and accrued income -€44,558
down €44,558 (-50.7%), from €87,923 to €43,366
- Financial fixed assets +€18,503
up €18,503 (+8.0%), from €230,872 to €249,375
- Profit (loss) carried forward -€4.5m
down €4.5m (-18.7%), from -€23.9m to -€28.3m
- Debts after one year +€3.0m
up €3.0m (+278.9%), from €1.1m to €4.0m
- Contributions +€1.7m
up €1.7m (+7.7%), from €22.0m to €23.7m
of which Outside capital: +€930,340
- Current portion of long-term debt -€762,500
down €762,500 (-71.8%), from €1.1m to €300,000
- Trade debts +€289,263
up €289,263 (+58.4%), from €495,339 to €784,603
- Gross operating margin -€1.7m
down €1.7m (-480.8%), from -€355,233 to -€2.1m
- Financial income -€221,754
down €221,754 (-71.6%), from €309,853 to €88,099
of which Financial income: -€217,506
- Financial charges +€99,256
up €99,256 (+77.6%), from €127,935 to €227,192
of which Financial charges: +€99,256
- Write-downs -€86,680
down €86,680 (-91.9%), from €94,305 to €7,626
- Staff costs +€41,913
up €41,913 (+1.9%), from €2.2m to €2.2m
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 | €1,599,975 | €1,473,020 | -€126,954 | -7.9% |
| Fixed assets | 21/28 | €257,282 | €275,990 | +€18,709 | +7.3% |
| Intangible fixed assets | 21 | €12,267 | €0 | -€12,267 | -100.0% |
| Tangible fixed assets | 22/27 | €14,143 | €26,616 | +€12,472 | +88.2% |
| Plant, machinery and equipment | 23 | €14,143 | €26,616 | +€12,472 | +88.2% |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Financial fixed assets | 28 | €230,872 | €249,375 | +€18,503 | +8.0% |
| Current assets | 29/58 | €1,342,693 | €1,197,030 | -€145,663 | -10.8% |
| Amounts receivable within one year | 40/41 | €645,525 | €751,776 | +€106,252 | +16.5% |
| Trade receivables | 40 | €579,579 | €655,032 | +€75,453 | +13.0% |
| Other amounts receivable | 41 | €65,946 | €96,745 | +€30,798 | +46.7% |
| Cash at bank and in hand | 54/58 | €609,245 | €401,888 | -€207,357 | -34.0% |
| Deferred charges and accrued income | 490/1 | €87,923 | €43,366 | -€44,558 | -50.7% |
| Total equity and liabilities | 10/49 | €1,599,975 | €1,473,020 | -€126,954 | -7.9% |
| Equity | 10/15 | -€1,831,689 | -€4,604,228 | -€2.8m | -151.4% |
| Contributions | 10/11 | €22,037,243 | €23,737,223 | +€1.7m | +7.7% |
| Capital | 10 | €5,494,927 | €6,264,567 | +€769,640 | +14.0% |
| Issued capital | 100 | €5,494,927 | €6,264,567 | +€769,640 | +14.0% |
| Outside capital | 11 | €16,542,316 | €17,472,656 | +€930,340 | +5.6% |
| Share premium | 1100/10 | €16,542,316 | €17,472,656 | +€930,340 | +5.6% |
| Profit (loss) carried forward | 14 | -€23,868,932 | -€28,341,451 | -€4.5m | -18.7% |
| Amounts payable | 17/49 | €3,431,664 | €6,077,249 | +€2.6m | +77.1% |
| Amounts payable after more than one year | 17 | €1,062,379 | €4,025,000 | +€3.0m | +278.9% |
| Financial debts | 170/4 | €1,062,379 | €4,025,000 | +€3.0m | +278.9% |
| Amounts payable within one year | 42/48 | €1,850,015 | €1,416,701 | -€433,314 | -23.4% |
| Current portion of amounts payable after more than one year | 42 | €1,062,500 | €300,000 | -€762,500 | -71.8% |
| Trade debts | 44 | €495,339 | €784,603 | +€289,263 | +58.4% |
| Suppliers | 440/4 | €495,339 | €784,603 | +€289,263 | +58.4% |
| Taxes, remuneration and social security | 45 | €276,305 | €222,098 | -€54,207 | -19.6% |
| Taxes | 450/3 | €3,047 | €2,346 | -€701 | -23.0% |
| Remuneration and social security | 454/9 | €273,258 | €219,753 | -€53,506 | -19.6% |
| Other amounts payable | 47/48 | €15,871 | €110,000 | +€94,129 | +593.1% |
| Accrued charges and deferred income | 492/3 | €519,270 | €635,548 | +€116,278 | +22.4% |
| Non-recurring operating income | 76A | €40,665 | €0 | -€40,665 | -100.0% |
| Remuneration, social security and pensions | 62 | €2,161,626 | €2,203,539 | +€41,913 | +1.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,537 | €23,377 | -€15,160 | -39.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €94,305 | €7,626 | -€86,680 | -91.9% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €0 | - | = | |
| Other operating charges | 640/8 | €58,033 | €32,775 | -€25,258 | -43.5% |
| Non-recurring operating charges | 66A | €43,517 | €705 | -€42,812 | -98.4% |
| Gross operating margin | 9900 | -€355,233 | -€2,063,060 | -€1.7m | -480.8% |
| Operating profit (loss) | 9901 | -€2,751,251 | -€4,331,081 | -€1.6m | -57.4% |
| Financial income | 75/76B | €309,853 | €88,099 | -€221,754 | -71.6% |
| Recurring financial income | 75 | €305,605 | €88,099 | -€217,506 | -71.2% |
| Non-recurring financial income | 76B | €4,248 | €0 | -€4,248 | -100.0% |
| Financial charges | 65/66B | €127,935 | €227,192 | +€99,256 | +77.6% |
| Recurring financial charges | 65 | €127,935 | €227,192 | +€99,256 | +77.6% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | -€2,569,334 | -€4,470,173 | -€1.9m | -74.0% |
| Income taxes | 67/77 | €1,803 | €2,346 | +€542 | +30.1% |
| Profit (loss) for the period | 9904 | -€2,571,137 | -€4,472,519 | -€1.9m | -74.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,571,137 | -€4,472,519 | -€1.9m | -74.0% |
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 5 October 2026 via checked.be.