SENVIRO: what changed
Two financial 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.
SENVIRO
Largest movements
- Cash +€103,413
up €103,413 (+60.4%), from €171,266 to €274,679
mainly Net result for the year (+€78,518) and Depreciation (+€11,538)
- Tangible fixed assets -€11,538
down €11,538 (-81.8%), from €14,108 to €2,570
of which Furniture and vehicles: -€11,241
- Current investments -€4,496
down €4,496 (-7.8%), from €57,730 to €53,234
- Reserves +€78,518
up €78,518 (+76.1%), from €103,179 to €181,697
- Other debts +€8,690
up €8,690 (+8.5%), from €102,831 to €111,521
- Tax, wage and social debts -€4,965
down €4,965 (-7.0%), from €70,434 to €65,469
of which Taxes: -€7,272
- Gross operating margin +€65,043
up €65,043 (+31.8%), from €204,245 to €269,289
- Staff costs +€37,260
up €37,260 (+33.2%), from €112,363 to €149,622
- Taxes +€7,221
up €7,221 (+41.1%), from €17,560 to €24,781
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.
Derived cash bridge
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 | €304,141 | €389,326 | +€85,185 | +28.0% |
| Fixed assets | 21/28 | €15,358 | €3,820 | -€11,538 | -75.1% |
| Tangible fixed assets | 22/27 | €14,108 | €2,570 | -€11,538 | -81.8% |
| Plant, machinery and equipment | 23 | €879 | €581 | -€297 | -33.8% |
| Furniture and vehicles | 24 | €13,229 | €1,988 | -€11,241 | -85.0% |
| Financial fixed assets | 28 | €1,250 | €1,250 | = | 0.0% |
| Current assets | 29/58 | €288,783 | €385,506 | +€96,723 | +33.5% |
| Amounts receivable within one year | 40/41 | €55,853 | €54,392 | -€1,461 | -2.6% |
| Trade receivables | 40 | €55,853 | €54,314 | -€1,540 | -2.8% |
| Other amounts receivable | 41 | - | €79 | +€79 | |
| Current investments | 50/53 | €57,730 | €53,234 | -€4,496 | -7.8% |
| Cash at bank and in hand | 54/58 | €171,266 | €274,679 | +€103,413 | +60.4% |
| Deferred charges and accrued income | 490/1 | €3,935 | €3,201 | -€734 | -18.7% |
| Total equity and liabilities | 10/49 | €304,141 | €389,326 | +€85,185 | +28.0% |
| Equity | 10/15 | €121,729 | €200,247 | +€78,518 | +64.5% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €103,179 | €181,697 | +€78,518 | +76.1% |
| Distributable reserves | 133 | €103,179 | €181,697 | +€78,518 | +76.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €182,412 | €189,078 | +€6,667 | +3.7% |
| Amounts payable within one year | 42/48 | €182,412 | €189,078 | +€6,667 | +3.7% |
| Trade debts | 44 | €9,146 | €12,088 | +€2,942 | +32.2% |
| Suppliers | 440/4 | €9,146 | €12,088 | +€2,942 | +32.2% |
| Taxes, remuneration and social security | 45 | €70,434 | €65,469 | -€4,965 | -7.0% |
| Taxes | 450/3 | €41,690 | €34,418 | -€7,272 | -17.4% |
| Remuneration and social security | 454/9 | €28,744 | €31,051 | +€2,307 | +8.0% |
| Other amounts payable | 47/48 | €102,831 | €111,521 | +€8,690 | +8.5% |
| Remuneration, social security and pensions | 62 | €112,363 | €149,622 | +€37,260 | +33.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,785 | €11,538 | -€247 | -2.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €863 | €0 | -€863 | -100% |
| Other operating charges | 640/8 | €821 | €1,080 | +€258 | +31.4% |
| Gross operating margin | 9900 | €204,245 | €269,289 | +€65,043 | +31.8% |
| Operating profit (loss) | 9901 | €78,414 | €107,049 | +€28,635 | +36.5% |
| Financial income | 75/76B | €1,608 | €1,438 | -€170 | -10.6% |
| Recurring financial income | 75 | €1,608 | €1,438 | -€170 | -10.6% |
| Financial charges | 65/66B | €4,799 | €5,188 | +€389 | +8.1% |
| Recurring financial charges | 65 | €4,799 | €5,188 | +€389 | +8.1% |
| Profit (loss) for the period before taxes | 9903 | €75,223 | €103,299 | +€28,076 | +37.3% |
| Income taxes | 67/77 | €17,560 | €24,781 | +€7,221 | +41.1% |
| Profit (loss) for the period | 9904 | €57,663 | €78,518 | +€20,855 | +36.2% |
| Profit (loss) for the period to be appropriated | 9905 | €57,663 | €78,518 | +€20,855 | +36.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.