SENZU: 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.
What changed
SENZU
NACE 56.111, Full-service restaurants
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€518,313
2024 · €555,414-€37,101
Equity
€988,563
2024 · €470,250+€518,313
Cash
€218,296
2024 · €204,476+€13,820
Balance sheet total
€3.2m
2024 · €3.2m-€18,172
Largest movements
Assets
No asset line moved by more than 1% of the balance sheet total.
Equity and liabilities
- Profit (loss) carried forward +€518,313
new in 2025: €518,313
- Other debts -€390,611
down €390,611 (-18.0%), from €2.2m to €1.8m
- Debts after one year -€99,938
down €99,938 (-34.6%), from €288,456 to €188,519
- Tax, wage and social debts -€43,914
down €43,914 (-37.3%), from €117,853 to €73,938
of which Taxes: -€40,951
Income statement
- Gross operating margin -€34,271
down €34,271 (-5.8%), from €587,723 to €553,452
- Depreciation +€20,134
up €20,134 (+326.3%), from €6,171 to €26,305
- Taxes -€11,791
down €11,791 (-11.3%), from €104,343 to €92,552
- Other operating charges -€11,735
down €11,735 (-69.9%), from €16,786 to €5,050
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.
Result 2024
€555,414
Gross operating margin
-€34,271
Staff costs
-€5,294
Depreciation
-€20,134
Other operating charges
+€11,735
Financial income
+€544
Financial charges
-€1,472
Taxes
+€11,791
Result 2025
€518,313
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.
From operations
+€123,407
Investment
-€5,000
Financing
-€104,587
Cash 2024
€204,476
From operations (derived)
+€123,407
Net result for the year
+€518,313
Depreciation
+€26,305
Receivables within one year
+€11,014
Deferred charges and accrued income
-€327
Trade debts
+€2,627
Tax, wage and social debts
-€43,914
Other debts
-€390,611
Investment (derived)
-€5,000
Investment in fixed assets (net)
-€5,000
Financing
-€104,587
Debts after one year
-€99,938
Current portion of long-term debt
+€2,146
Short-term financial debts
-€6,796
Cash 2025
€218,296
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,174,929 | €3,156,757 | -€18,172 | -0.6% |
| Fixed assets | 21/28 | €2,880,016 | €2,858,711 | -€21,305 | -0.7% |
| Tangible fixed assets | 22/27 | €173,724 | €152,418 | -€21,305 | -12.3% |
| Furniture and vehicles | 24 | €121,313 | €95,501 | -€25,813 | -21.3% |
| Other tangible fixed assets | 26 | €52,410 | €56,918 | +€4,507 | +8.6% |
| Financial fixed assets | 28 | €2,706,292 | €2,706,292 | = | 0.0% |
| Current assets | 29/58 | €294,913 | €298,046 | +€3,133 | +1.1% |
| Amounts receivable within one year | 40/41 | €73,141 | €62,127 | -€11,014 | -15.1% |
| Trade receivables | 40 | €24,822 | €11,419 | -€13,403 | -54.0% |
| Other amounts receivable | 41 | €48,319 | €50,708 | +€2,389 | +4.9% |
| Cash at bank and in hand | 54/58 | €204,476 | €218,296 | +€13,820 | +6.8% |
| Deferred charges and accrued income | 490/1 | €17,296 | €17,623 | +€327 | +1.9% |
| Total equity and liabilities | 10/49 | €3,174,929 | €3,156,757 | -€18,172 | -0.6% |
| Equity | 10/15 | €470,250 | €988,563 | +€518,313 | +110.2% |
| Contributions | 10/11 | €427,500 | €427,500 | = | 0.0% |
| Capital | 10 | €427,500 | €427,500 | = | 0.0% |
| Issued capital | 100 | €427,500 | €427,500 | = | 0.0% |
| Reserves | 13 | €42,750 | €42,750 | = | 0.0% |
| Non-distributable reserves | 130/1 | €42,750 | €42,750 | = | 0.0% |
| Legal reserve | 130 | €42,750 | €42,750 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €518,313 | +€518,313 | |
| Amounts payable | 17/49 | €2,704,679 | €2,168,194 | -€536,485 | -19.8% |
| Amounts payable after more than one year | 17 | €288,456 | €188,519 | -€99,938 | -34.6% |
| Financial debts | 170/4 | €288,456 | €188,519 | -€99,938 | -34.6% |
| Amounts payable within one year | 42/48 | €2,416,223 | €1,979,676 | -€436,547 | -18.1% |
| Current portion of amounts payable after more than one year | 42 | €106,029 | €108,176 | +€2,146 | +2.0% |
| Financial debts | 43 | €27,022 | €20,226 | -€6,796 | -25.1% |
| Credit institutions | 430/8 | €27,022 | €20,226 | -€6,796 | -25.1% |
| Trade debts | 44 | €47 | €2,674 | +€2,627 | +5600.6% |
| Suppliers | 440/4 | €47 | €2,674 | +€2,627 | +5600.6% |
| Taxes, remuneration and social security | 45 | €117,853 | €73,938 | -€43,914 | -37.3% |
| Taxes | 450/3 | €94,743 | €53,792 | -€40,951 | -43.2% |
| Remuneration and social security | 454/9 | €23,110 | €20,146 | -€2,964 | -12.8% |
| Other amounts payable | 47/48 | €2,165,272 | €1,774,662 | -€390,611 | -18.0% |
| Remuneration, social security and pensions | 62 | €153,227 | €158,521 | +€5,294 | +3.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,171 | €26,305 | +€20,134 | +326.3% |
| Other operating charges | 640/8 | €16,786 | €5,050 | -€11,735 | -69.9% |
| Gross operating margin | 9900 | €587,723 | €553,452 | -€34,271 | -5.8% |
| Operating profit (loss) | 9901 | €411,538 | €363,575 | -€47,963 | -11.7% |
| Financial income | 75/76B | €256,721 | €257,264 | +€544 | +0.2% |
| Recurring financial income | 75 | €256,721 | €257,264 | +€544 | +0.2% |
| Financial charges | 65/66B | €8,503 | €9,975 | +€1,472 | +17.3% |
| Recurring financial charges | 65 | €8,503 | €9,975 | +€1,472 | +17.3% |
| Profit (loss) for the period before taxes | 9903 | €659,756 | €610,864 | -€48,892 | -7.4% |
| Income taxes | 67/77 | €104,343 | €92,552 | -€11,791 | -11.3% |
| Profit (loss) for the period | 9904 | €555,414 | €518,313 | -€37,101 | -6.7% |
| Profit (loss) for the period to be appropriated | 9905 | €555,414 | €518,313 | -€37,101 | -6.7% |
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 9 October 2026 via checked.be.