SENZA: 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.
SENZA
Largest movements
- Cash -€11,743
down €11,743 (-47.6%), from €24,679 to €12,936
mainly Other debts (-€7,125) and Net result for the year (-€3,772)
- Tangible fixed assets -€5,490
down €5,490 (-5.9%), from €93,314 to €87,824
of which Land and buildings: -€4,949
- Other debts -€7,125
down €7,125 (-7.4%), from €96,212 to €89,087
- Profit (loss) carried forward -€3,772
down €3,772 (-28.9%), from -€13,036 to -€16,808
- Tax, wage and social debts -€3,172
down €3,172 (-44.8%), from €7,073 to €3,901
of which Taxes: -€3,172
- Gross operating margin -€6,107
down €6,107 (-60.9%), from €10,026 to €3,920
- Depreciation -€3,787
down €3,787 (-40.8%), from €9,276 to €5,490
- Financial charges -€134
down €134 (-34.9%), from €382 to €249
- Other operating charges +€109
up €109 (+6.5%), from €1,686 to €1,796
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 | €165,289 | €149,105 | -€16,184 | -9.8% |
| Fixed assets | 21/28 | €93,384 | €87,894 | -€5,490 | -5.9% |
| Tangible fixed assets | 22/27 | €93,314 | €87,824 | -€5,490 | -5.9% |
| Land and buildings | 22 | €92,653 | €87,704 | -€4,949 | -5.3% |
| Furniture and vehicles | 24 | €150 | €120 | -€30 | -20.0% |
| Leasing and similar rights | 25 | €511 | €0 | -€511 | -100% |
| Financial fixed assets | 28 | €70 | €70 | = | 0.0% |
| Current assets | 29/58 | €71,905 | €61,211 | -€10,695 | -14.9% |
| Stocks and contracts in progress | 3 | €46,750 | €48,135 | +€1,385 | +3.0% |
| Stocks | 30/36 | €46,750 | €48,135 | +€1,385 | +3.0% |
| Amounts receivable within one year | 40/41 | €340 | €0 | -€340 | -100% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €340 | €0 | -€340 | -100% |
| Cash at bank and in hand | 54/58 | €24,679 | €12,936 | -€11,743 | -47.6% |
| Deferred charges and accrued income | 490/1 | €137 | €141 | +€4 | +2.8% |
| Total equity and liabilities | 10/49 | €165,289 | €149,105 | -€16,184 | -9.8% |
| Equity | 10/15 | €49,193 | €45,421 | -€3,772 | -7.7% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €12,229 | €12,229 | = | 0.0% |
| Non-distributable reserves | 130/1 | €5,000 | €5,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,000 | €5,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €7,229 | €7,229 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,036 | -€16,808 | -€3,772 | -28.9% |
| Amounts payable | 17/49 | €116,096 | €103,684 | -€12,412 | -10.7% |
| Amounts payable within one year | 42/48 | €116,096 | €103,572 | -€12,524 | -10.8% |
| Current portion of amounts payable after more than one year | 42 | €1,008 | €0 | -€1,008 | -100% |
| Trade debts | 44 | €11,803 | €10,584 | -€1,220 | -10.3% |
| Suppliers | 440/4 | €11,803 | €10,584 | -€1,220 | -10.3% |
| Taxes, remuneration and social security | 45 | €7,073 | €3,901 | -€3,172 | -44.8% |
| Taxes | 450/3 | €6,073 | €2,901 | -€3,172 | -52.2% |
| Remuneration and social security | 454/9 | €1,000 | €1,000 | = | 0.0% |
| Other amounts payable | 47/48 | €96,212 | €89,087 | -€7,125 | -7.4% |
| Accrued charges and deferred income | 492/3 | €0 | €112 | +€112 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,276 | €5,490 | -€3,787 | -40.8% |
| Other operating charges | 640/8 | €1,686 | €1,796 | +€109 | +6.5% |
| Gross operating margin | 9900 | €10,026 | €3,920 | -€6,107 | -60.9% |
| Operating profit (loss) | 9901 | -€936 | -€3,366 | -€2,429 | -260% |
| Financial income | 75/76B | - | €18 | +€18 | |
| Recurring financial income | 75 | - | €18 | +€18 | |
| Financial charges | 65/66B | €382 | €249 | -€134 | -34.9% |
| Recurring financial charges | 65 | €382 | €249 | -€134 | -34.9% |
| Profit (loss) for the period before taxes | 9903 | -€1,318 | -€3,596 | -€2,278 | -173% |
| Income taxes | 67/77 | €179 | €176 | -€4 | -2.0% |
| Profit (loss) for the period | 9904 | -€1,498 | -€3,772 | -€2,274 | -152% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,498 | -€3,772 | -€2,274 | -152% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.