SENZATION: 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.
SENZATION
Largest movements
- Receivables within one year +€25,299
up €25,299 (+17.9%), from €141,365 to €166,664
of which Other amounts receivable: +€17,794
- Cash -€12,271
down €12,271 (-12.5%), from €98,471 to €86,200
mainly Receivables within one year (-€25,299) and Deferred charges and accrued income (-€115)
- Profit (loss) carried forward +€8,309
up €8,309 (+19.4%), from €42,826 to €51,135
- Trade debts +€3,269
up €3,269 (+1.7%), from €193,510 to €196,779
- Gross operating margin +€8,036
up €8,036 (+315%), from €2,552 to €10,588
- Other operating charges -€2,622
down €2,622 (-61.9%), from €4,239 to €1,616
- Financial charges +€1,851
up €1,851 (+94.1%), from €1,967 to €3,818
- Financial income -€1,468
down €1,468 (-29.6%), from €4,958 to €3,490
- Taxes +€144
up €144 (+75.7%), from €191 to €335
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 | €245,646 | €258,789 | +€13,144 | +5.4% |
| Fixed assets | 21/28 | €2,229 | €2,229 | = | 0.0% |
| Financial fixed assets | 28 | €2,229 | €2,229 | = | 0.0% |
| Current assets | 29/58 | €243,417 | €256,560 | +€13,144 | +5.4% |
| Amounts receivable within one year | 40/41 | €141,365 | €166,664 | +€25,299 | +17.9% |
| Trade receivables | 40 | €138,590 | €146,096 | +€7,506 | +5.4% |
| Other amounts receivable | 41 | €2,774 | €20,568 | +€17,794 | +641% |
| Cash at bank and in hand | 54/58 | €98,471 | €86,200 | -€12,271 | -12.5% |
| Deferred charges and accrued income | 490/1 | €3,581 | €3,696 | +€115 | +3.2% |
| Total equity and liabilities | 10/49 | €245,646 | €258,789 | +€13,144 | +5.4% |
| Equity | 10/15 | €50,886 | €59,195 | +€8,309 | +16.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €42,826 | €51,135 | +€8,309 | +19.4% |
| Amounts payable | 17/49 | €194,759 | €199,594 | +€4,835 | +2.5% |
| Amounts payable within one year | 42/48 | €194,759 | €199,594 | +€4,835 | +2.5% |
| Trade debts | 44 | €193,510 | €196,779 | +€3,269 | +1.7% |
| Suppliers | 440/4 | €193,510 | €196,779 | +€3,269 | +1.7% |
| Taxes, remuneration and social security | 45 | €1,249 | €2,815 | +€1,566 | +125% |
| Taxes | 450/3 | €1,249 | €2,815 | +€1,566 | +125% |
| Other operating charges | 640/8 | €4,239 | €1,616 | -€2,622 | -61.9% |
| Gross operating margin | 9900 | €2,552 | €10,588 | +€8,036 | +315% |
| Operating profit (loss) | 9901 | -€1,687 | €8,972 | +€10,658 | |
| Financial income | 75/76B | €4,958 | €3,490 | -€1,468 | -29.6% |
| Recurring financial income | 75 | €4,958 | €3,490 | -€1,468 | -29.6% |
| Financial charges | 65/66B | €1,967 | €3,818 | +€1,851 | +94.1% |
| Recurring financial charges | 65 | €1,967 | €3,818 | +€1,851 | +94.1% |
| Profit (loss) for the period before taxes | 9903 | €1,305 | €8,644 | +€7,340 | +563% |
| Income taxes | 67/77 | €191 | €335 | +€144 | +75.7% |
| Profit (loss) for the period | 9904 | €1,114 | €8,309 | +€7,195 | +646% |
| Profit (loss) for the period to be appropriated | 9905 | €1,114 | €8,309 | +€7,195 | +646% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.