Senzelle: 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.
Senzelle
Largest movements
- Tangible fixed assets -€14,049
down €14,049 (-75.6%), from €18,574 to €4,525
of which Furniture and vehicles: -€8,681
- Cash -€4,089
down €4,089 (-18.8%), from €21,788 to €17,699
mainly Debts after one year (-€10,384) and Net result for the year (-€3,716)
- Receivables within one year +€3,392
up €3,392 (+1,351%), from €251 to €3,643
- Stocks and contracts +€1,660
up €1,660 (+66.8%), from €2,486 to €4,146
- Debts after one year -€10,384
down €10,384 (-41.1%), from €25,269 to €14,885
- Profit (loss) carried forward -€3,716
down €3,716 (-14.8%), from -€25,031 to -€28,747
- Tax, wage and social debts +€2,467
up €2,467 (+50.5%), from €4,887 to €7,354
of which Taxes: +€2,987
- Trade debts -€1,673
down €1,673 (-15.5%), from €10,767 to €9,094
- Current portion of long-term debt +€623
up €623 (+6.4%), from €9,761 to €10,384
- Staff costs -€35,158
down €35,158 (-42.9%), from €81,927 to €46,769
- Gross operating margin -€25,003
down €25,003 (-28.6%), from €87,503 to €62,500
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 | €46,474 | €33,388 | -€13,086 | -28.2% |
| Fixed assets | 21/28 | €21,949 | €7,900 | -€14,049 | -64.0% |
| Tangible fixed assets | 22/27 | €18,574 | €4,525 | -€14,049 | -75.6% |
| Plant, machinery and equipment | 23 | €2,524 | €663 | -€1,861 | -73.7% |
| Furniture and vehicles | 24 | €11,223 | €2,542 | -€8,681 | -77.4% |
| Other tangible fixed assets | 26 | €4,827 | €1,320 | -€3,507 | -72.7% |
| Financial fixed assets | 28 | €3,375 | €3,375 | = | 0.0% |
| Current assets | 29/58 | €24,525 | €25,488 | +€963 | +3.9% |
| Stocks and contracts in progress | 3 | €2,486 | €4,146 | +€1,660 | +66.8% |
| Stocks | 30/36 | €2,486 | €4,146 | +€1,660 | +66.8% |
| Amounts receivable within one year | 40/41 | €251 | €3,643 | +€3,392 | +1,351% |
| Trade receivables | 40 | €251 | €3,643 | +€3,392 | +1,351% |
| Cash at bank and in hand | 54/58 | €21,788 | €17,699 | -€4,089 | -18.8% |
| Total equity and liabilities | 10/49 | €46,474 | €33,388 | -€13,086 | -28.2% |
| Equity | 10/15 | -€6,431 | -€10,147 | -€3,716 | -57.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€25,031 | -€28,747 | -€3,716 | -14.8% |
| Amounts payable | 17/49 | €52,905 | €43,535 | -€9,370 | -17.7% |
| Amounts payable after more than one year | 17 | €25,269 | €14,885 | -€10,384 | -41.1% |
| Financial debts | 170/4 | €25,269 | €14,885 | -€10,384 | -41.1% |
| Amounts payable within one year | 42/48 | €27,636 | €28,650 | +€1,014 | +3.7% |
| Current portion of amounts payable after more than one year | 42 | €9,761 | €10,384 | +€623 | +6.4% |
| Trade debts | 44 | €10,767 | €9,094 | -€1,673 | -15.5% |
| Suppliers | 440/4 | €10,767 | €9,094 | -€1,673 | -15.5% |
| Taxes, remuneration and social security | 45 | €4,887 | €7,354 | +€2,467 | +50.5% |
| Taxes | 450/3 | €2,678 | €5,665 | +€2,987 | +112% |
| Remuneration and social security | 454/9 | €2,209 | €1,689 | -€520 | -23.5% |
| Other amounts payable | 47/48 | €2,221 | €1,818 | -€403 | -18.1% |
| Non-recurring operating income | 76A | €1,240 | - | -€1,240 | |
| Remuneration, social security and pensions | 62 | €81,927 | €46,769 | -€35,158 | -42.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,047 | €14,049 | +€2 | 0.0% |
| Other operating charges | 640/8 | €1,320 | €1,296 | -€24 | -1.8% |
| Gross operating margin | 9900 | €87,503 | €62,500 | -€25,003 | -28.6% |
| Operating profit (loss) | 9901 | -€9,791 | €386 | +€10,177 | |
| Financial income | 75/76B | €14 | - | -€14 | |
| Recurring financial income | 75 | €14 | - | -€14 | |
| Financial charges | 65/66B | €4,703 | €3,903 | -€800 | -17.0% |
| Recurring financial charges | 65 | €4,703 | €3,903 | -€800 | -17.0% |
| Profit (loss) for the period before taxes | 9903 | -€14,480 | -€3,517 | +€10,963 | +75.7% |
| Income taxes | 67/77 | - | €199 | +€199 | |
| Profit (loss) for the period | 9904 | -€14,480 | -€3,716 | +€10,764 | +74.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€14,480 | -€3,716 | +€10,764 | +74.3% |
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 19 October 2026 via checked.be.