SENZES: 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.
SENZES
Largest movements
- Receivables within one year +€8,262
up €8,262 (+3843.0%), from €215 to €8,477
of which Trade receivables: +€6,714
- Current investments +€4,919
new in 2025: €4,919
- Tax, wage and social debts +€5,481
up €5,481 (+66.7%), from €8,211 to €13,692
of which Remuneration and social security: +€8,489
- Short-term financial debts +€4,607
new in 2025: €4,607
- Accrued charges and deferred income -€2,611
down €2,611 (-55.8%), from €4,675 to €2,064
- Other debts +€1,994
up €1,994 (+10.1%), from €19,824 to €21,818
- Financial income -€7,972
down €7,972 (-53.1%), from €15,003 to €7,031
- Other operating charges -€989
down €989 (-60.6%), from €1,633 to €643
- Financial charges -€836
down €836 (-18.0%), from €4,656 to €3,820
- Taxes -€678
down €678 (-82.1%), from €825 to €147
- Gross operating margin -€291
down €291 (-71.9%), from -€404 to -€695
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 | €151,143 | €161,955 | +€10,812 | +7.2% |
| Fixed assets | 21/28 | €148,265 | €147,486 | -€780 | -0.5% |
| Intangible fixed assets | 21 | €843 | €510 | -€333 | -39.5% |
| Tangible fixed assets | 22/27 | €755 | €309 | -€446 | -59.1% |
| Furniture and vehicles | 24 | €755 | €309 | -€446 | -59.1% |
| Financial fixed assets | 28 | €146,667 | €146,667 | = | 0.0% |
| Current assets | 29/58 | €2,878 | €14,470 | +€11,592 | +402.8% |
| Amounts receivable within one year | 40/41 | €215 | €8,477 | +€8,262 | +3843.0% |
| Trade receivables | 40 | €215 | €6,929 | +€6,714 | +3122.6% |
| Other amounts receivable | 41 | - | €1,549 | +€1,549 | |
| Current investments | 50/53 | - | €4,919 | +€4,919 | |
| Cash at bank and in hand | 54/58 | €2,663 | €1,073 | -€1,589 | -59.7% |
| Total equity and liabilities | 10/49 | €151,143 | €161,955 | +€10,812 | +7.2% |
| Equity | 10/15 | €112,749 | €113,695 | +€946 | +0.8% |
| Contributions | 10/11 | €66,667 | €66,667 | = | 0.0% |
| Reserves | 13 | €50,956 | €50,956 | = | 0.0% |
| Distributable reserves | 133 | €50,956 | €50,956 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,873 | -€3,928 | +€946 | +19.4% |
| Amounts payable | 17/49 | €38,394 | €48,261 | +€9,867 | +25.7% |
| Amounts payable within one year | 42/48 | €33,719 | €46,196 | +€12,478 | +37.0% |
| Financial debts | 43 | - | €4,607 | +€4,607 | |
| Credit institutions | 430/8 | - | €4,607 | +€4,607 | |
| Trade debts | 44 | €5,683 | €6,079 | +€396 | +7.0% |
| Suppliers | 440/4 | €5,683 | €6,079 | +€396 | +7.0% |
| Taxes, remuneration and social security | 45 | €8,211 | €13,692 | +€5,481 | +66.7% |
| Taxes | 450/3 | €5,575 | €2,567 | -€3,008 | -54.0% |
| Remuneration and social security | 454/9 | €2,636 | €11,125 | +€8,489 | +322.0% |
| Other amounts payable | 47/48 | €19,824 | €21,818 | +€1,994 | +10.1% |
| Accrued charges and deferred income | 492/3 | €4,675 | €2,064 | -€2,611 | -55.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €780 | €780 | = | 0.0% |
| Other operating charges | 640/8 | €1,633 | €643 | -€989 | -60.6% |
| Gross operating margin | 9900 | -€404 | -€695 | -€291 | -71.9% |
| Operating profit (loss) | 9901 | -€2,817 | -€2,118 | +€699 | +24.8% |
| Financial income | 75/76B | €15,003 | €7,031 | -€7,972 | -53.1% |
| Recurring financial income | 75 | €15,003 | €7,031 | -€7,972 | -53.1% |
| Financial charges | 65/66B | €4,656 | €3,820 | -€836 | -18.0% |
| Recurring financial charges | 65 | €4,656 | €3,820 | -€836 | -18.0% |
| Profit (loss) for the period before taxes | 9903 | €7,530 | €1,093 | -€6,437 | -85.5% |
| Income taxes | 67/77 | €825 | €147 | -€678 | -82.1% |
| Profit (loss) for the period | 9904 | €6,705 | €946 | -€5,759 | -85.9% |
| Profit (loss) for the period to be appropriated | 9905 | €6,705 | €946 | -€5,759 | -85.9% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.