SIENNE: 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.
SIENNE
Largest movements
- Cash -€56,341
down €56,341 (-73.3%), from €76,863 to €20,522
mainly Other debts (-€179,827) and Net result for the year (-€31,092)
- Tangible fixed assets +€5,963
up €5,963 (+26.8%), from €22,236 to €28,199
of which Furniture and vehicles: +€4,823
- Receivables within one year +€3,955
up €3,955 (+32.0%), from €12,347 to €16,302
- Other debts -€179,827
no longer reported in 2025 (was €179,827)
- Tax, wage and social debts +€158,005
up €158,005 (+5182.2%), from €3,049 to €161,054
of which Remuneration and social security: +€159,036
- Profit (loss) carried forward -€31,092
down €31,092 (-34.6%), from -€89,745 to -€120,837
- Trade debts +€5,425
up €5,425 (+80.6%), from €6,735 to €12,160
- Gross operating margin -€88,047
down €88,047, from €65,684 to -€22,362
- Depreciation +€1,963
up €1,963 (+68.2%), from €2,879 to €4,842
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 | €120,317 | €72,999 | -€47,318 | -39.3% |
| Fixed assets | 21/28 | €30,066 | €36,030 | +€5,963 | +19.8% |
| Tangible fixed assets | 22/27 | €22,236 | €28,199 | +€5,963 | +26.8% |
| Plant, machinery and equipment | 23 | €10,054 | €11,195 | +€1,141 | +11.3% |
| Furniture and vehicles | 24 | €12,181 | €17,004 | +€4,823 | +39.6% |
| Financial fixed assets | 28 | €7,831 | €7,831 | = | 0.0% |
| Current assets | 29/58 | €90,251 | €36,969 | -€53,281 | -59.0% |
| Amounts receivable within one year | 40/41 | €12,347 | €16,302 | +€3,955 | +32.0% |
| Trade receivables | 40 | €12,347 | €16,302 | +€3,955 | +32.0% |
| Cash at bank and in hand | 54/58 | €76,863 | €20,522 | -€56,341 | -73.3% |
| Deferred charges and accrued income | 490/1 | €1,040 | €145 | -€895 | -86.1% |
| Total equity and liabilities | 10/49 | €120,317 | €72,999 | -€47,318 | -39.3% |
| Equity | 10/15 | -€69,294 | -€100,386 | -€31,092 | -44.9% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€89,745 | -€120,837 | -€31,092 | -34.6% |
| Amounts payable | 17/49 | €189,611 | €173,385 | -€16,226 | -8.6% |
| Amounts payable within one year | 42/48 | €189,611 | €173,214 | -€16,397 | -8.6% |
| Trade debts | 44 | €6,735 | €12,160 | +€5,425 | +80.6% |
| Suppliers | 440/4 | €6,735 | €12,160 | +€5,425 | +80.6% |
| Taxes, remuneration and social security | 45 | €3,049 | €161,054 | +€158,005 | +5182.2% |
| Taxes | 450/3 | €3,049 | €2,018 | -€1,031 | -33.8% |
| Remuneration and social security | 454/9 | - | €159,036 | +€159,036 | |
| Other amounts payable | 47/48 | €179,827 | - | -€179,827 | |
| Accrued charges and deferred income | 492/3 | - | €171 | +€171 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,879 | €4,842 | +€1,963 | +68.2% |
| Other operating charges | 640/8 | €3,100 | €3,535 | +€434 | +14.0% |
| Gross operating margin | 9900 | €65,684 | -€22,362 | -€88,047 | |
| Operating profit (loss) | 9901 | €59,705 | -€30,739 | -€90,444 | |
| Financial income | 75/76B | €106 | €54 | -€52 | -48.9% |
| Recurring financial income | 75 | €106 | €54 | -€52 | -48.9% |
| Financial charges | 65/66B | €415 | €407 | -€8 | -1.9% |
| Recurring financial charges | 65 | €415 | €407 | -€8 | -1.9% |
| Profit (loss) for the period before taxes | 9903 | €59,396 | -€31,092 | -€90,488 | |
| Profit (loss) for the period | 9904 | €59,396 | -€31,092 | -€90,488 | |
| Profit (loss) for the period to be appropriated | 9905 | €59,396 | -€31,092 | -€90,488 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.