Sentigrate: 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.
Sentigrate
Largest movements
- Cash +€276,052
up €276,052 (+79.2%), from €348,443 to €624,495
mainly Net result for the year (+€514,438) and Trade debts (+€151,011)
- Receivables within one year +€16,779
up €16,779 (+4.0%), from €416,769 to €433,548
of which Trade receivables: +€29,233
- Tangible fixed assets -€13,499
down €13,499 (-64.9%), from €20,789 to €7,291
of which Furniture and vehicles: -€12,945
- Trade debts +€151,011
up €151,011 (+57.2%), from €264,050 to €415,062
- Profit (loss) carried forward +€119,991
up €119,991 (+57.2%), from €209,876 to €329,866
- Other debts +€19,465
up €19,465 (+5.1%), from €382,951 to €402,417
- Tax, wage and social debts -€16,342
down €16,342 (-21.1%), from €77,497 to €61,154
of which Remuneration and social security: -€11,505
- Short-term financial debts +€13,900
up €13,900 (+30.1%), from €46,172 to €60,072
of which Credit institutions: +€13,872
- Gross operating margin +€210,772
up €210,772 (+21.9%), from €963,408 to €1.2m
- Staff costs +€78,688
up €78,688 (+14.0%), from €560,551 to €639,239
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 | €1,006,345 | €1,285,469 | +€279,123 | +27.7% |
| Fixed assets | 21/28 | €25,997 | €12,499 | -€13,499 | -51.9% |
| Tangible fixed assets | 22/27 | €20,789 | €7,291 | -€13,499 | -64.9% |
| Plant, machinery and equipment | 23 | €554 | €0 | -€554 | -100.0% |
| Furniture and vehicles | 24 | €20,235 | €7,291 | -€12,945 | -64.0% |
| Financial fixed assets | 28 | €5,208 | €5,208 | = | 0.0% |
| Current assets | 29/58 | €980,348 | €1,272,970 | +€292,622 | +29.8% |
| Amounts receivable within one year | 40/41 | €416,769 | €433,548 | +€16,779 | +4.0% |
| Trade receivables | 40 | €385,000 | €414,233 | +€29,233 | +7.6% |
| Other amounts receivable | 41 | €31,769 | €19,315 | -€12,454 | -39.2% |
| Current investments | 50/53 | €203,141 | €205,711 | +€2,570 | +1.3% |
| Cash at bank and in hand | 54/58 | €348,443 | €624,495 | +€276,052 | +79.2% |
| Deferred charges and accrued income | 490/1 | €11,996 | €9,217 | -€2,778 | -23.2% |
| Total equity and liabilities | 10/49 | €1,006,345 | €1,285,469 | +€279,123 | +27.7% |
| Equity | 10/15 | €221,678 | €341,669 | +€119,991 | +54.1% |
| Contributions | 10/11 | €0 | - | = | |
| Reserves | 13 | €11,803 | €11,803 | = | 0.0% |
| Distributable reserves | 133 | €11,803 | €11,803 | = | 0.0% |
| Profit (loss) carried forward | 14 | €209,876 | €329,866 | +€119,991 | +57.2% |
| Amounts payable | 17/49 | €784,667 | €943,800 | +€159,133 | +20.3% |
| Amounts payable after more than one year | 17 | €5,095 | €0 | -€5,095 | -100.0% |
| Financial debts | 170/4 | €5,095 | €0 | -€5,095 | -100.0% |
| Amounts payable within one year | 42/48 | €779,572 | €943,800 | +€164,228 | +21.1% |
| Current portion of amounts payable after more than one year | 42 | €8,902 | €5,095 | -€3,807 | -42.8% |
| Financial debts | 43 | €46,172 | €60,072 | +€13,900 | +30.1% |
| Credit institutions | 430/8 | €42,265 | €56,137 | +€13,872 | +32.8% |
| Other loans | 439 | €3,906 | €3,935 | +€29 | +0.7% |
| Trade debts | 44 | €264,050 | €415,062 | +€151,011 | +57.2% |
| Suppliers | 440/4 | €264,050 | €415,062 | +€151,011 | +57.2% |
| Taxes, remuneration and social security | 45 | €77,497 | €61,154 | -€16,342 | -21.1% |
| Taxes | 450/3 | €5,830 | €993 | -€4,837 | -83.0% |
| Remuneration and social security | 454/9 | €71,666 | €60,161 | -€11,505 | -16.1% |
| Other amounts payable | 47/48 | €382,951 | €402,417 | +€19,465 | +5.1% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €5,312 | €0 | -€5,312 | -100.0% |
| Remuneration, social security and pensions | 62 | €560,551 | €639,239 | +€78,688 | +14.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,327 | €18,208 | -€4,120 | -18.5% |
| Other operating charges | 640/8 | €1,138 | €2,811 | +€1,673 | +147.1% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €963,408 | €1,174,180 | +€210,772 | +21.9% |
| Operating profit (loss) | 9901 | €379,391 | €513,922 | +€134,531 | +35.5% |
| Financial income | 75/76B | €4,140 | €5,942 | +€1,802 | +43.5% |
| Recurring financial income | 75 | €4,140 | €5,942 | +€1,802 | +43.5% |
| Financial charges | 65/66B | €6,940 | €4,853 | -€2,087 | -30.1% |
| Recurring financial charges | 65 | €6,940 | €4,853 | -€2,087 | -30.1% |
| Profit (loss) for the period before taxes | 9903 | €376,591 | €515,011 | +€138,420 | +36.8% |
| Income taxes | 67/77 | €484 | €573 | +€89 | +18.4% |
| Profit (loss) for the period | 9904 | €376,107 | €514,438 | +€138,331 | +36.8% |
| Profit (loss) for the period to be appropriated | 9905 | €376,107 | €514,438 | +€138,331 | +36.8% |
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 7 October 2026 via checked.be.