SINENSIS: 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.
SINENSIS
Largest movements
- Tangible fixed assets -€5,355
down €5,355 (-14.3%), from €37,532 to €32,177
- Cash +€3,132
up €3,132 (+79.9%), from €3,922 to €7,054
mainly Net result for the year (+€8,807) and Depreciation (+€5,355)
- Debts after one year -€15,849
down €15,849 (-18.1%), from €87,461 to €71,612
- Profit (loss) carried forward +€8,807
up €8,807 (+21.0%), from €41,903 to €50,710
- Trade debts +€2,895
up €2,895 (+481.7%), from €601 to €3,496
- Gross operating margin -€5,776
down €5,776 (-22.1%), from €26,138 to €20,362
- Financial charges -€848
down €848 (-29.4%), from €2,884 to €2,036
- Other operating charges +€387
new in 2025: €387
- Write-downs -€384
no longer reported in 2025 (was €384)
- Taxes -€366
down €366 (-8.8%), from €4,143 to €3,777
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 | €256,084 | €251,974 | -€4,110 | -1.6% |
| Fixed assets | 21/28 | €237,532 | €232,177 | -€5,355 | -2.3% |
| Tangible fixed assets | 22/27 | €37,532 | €32,177 | -€5,355 | -14.3% |
| Land and buildings | 22 | €37,532 | €32,177 | -€5,355 | -14.3% |
| Financial fixed assets | 28 | €200,000 | €200,000 | = | 0.0% |
| Current assets | 29/58 | €18,552 | €19,797 | +€1,245 | +6.7% |
| Amounts receivable within one year | 40/41 | €14,630 | €12,743 | -€1,887 | -12.9% |
| Trade receivables | 40 | €14,630 | €12,743 | -€1,887 | -12.9% |
| Cash at bank and in hand | 54/58 | €3,922 | €7,054 | +€3,132 | +79.9% |
| Total equity and liabilities | 10/49 | €256,084 | €251,974 | -€4,110 | -1.6% |
| Equity | 10/15 | €101,597 | €110,403 | +€8,806 | +8.7% |
| Contributions | 10/11 | €37,184 | €37,184 | = | 0.0% |
| Capital | 10 | €37,184 | €37,184 | = | 0.0% |
| Issued capital | 100 | €37,184 | €37,184 | = | 0.0% |
| Reserves | 13 | €22,510 | €22,509 | -€1 | 0.0% |
| Non-distributable reserves | 130/1 | €3,719 | €3,718 | -€1 | 0.0% |
| Legal reserve | 130 | €3,719 | €3,718 | -€1 | 0.0% |
| Distributable reserves | 133 | €18,791 | €18,791 | = | 0.0% |
| Profit (loss) carried forward | 14 | €41,903 | €50,710 | +€8,807 | +21.0% |
| Amounts payable | 17/49 | €154,487 | €141,571 | -€12,916 | -8.4% |
| Amounts payable after more than one year | 17 | €87,461 | €71,612 | -€15,849 | -18.1% |
| Financial debts | 170/4 | €87,461 | €71,612 | -€15,849 | -18.1% |
| Amounts payable within one year | 42/48 | €67,026 | €69,959 | +€2,933 | +4.4% |
| Current portion of amounts payable after more than one year | 42 | €15,789 | €16,074 | +€285 | +1.8% |
| Trade debts | 44 | €601 | €3,496 | +€2,895 | +481.7% |
| Suppliers | 440/4 | €601 | €3,496 | +€2,895 | +481.7% |
| Taxes, remuneration and social security | 45 | €4,500 | €3,500 | -€1,000 | -22.2% |
| Taxes | 450/3 | €4,500 | €3,500 | -€1,000 | -22.2% |
| Other amounts payable | 47/48 | €46,136 | €46,889 | +€753 | +1.6% |
| Turnover | 70 | - | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,355 | €5,355 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €384 | - | -€384 | |
| Other operating charges | 640/8 | - | €387 | +€387 | |
| Gross operating margin | 9900 | €26,138 | €20,362 | -€5,776 | -22.1% |
| Operating profit (loss) | 9901 | €20,399 | €14,620 | -€5,779 | -28.3% |
| Financial charges | 65/66B | €2,884 | €2,036 | -€848 | -29.4% |
| Recurring financial charges | 65 | €2,884 | €2,036 | -€848 | -29.4% |
| Profit (loss) for the period before taxes | 9903 | €17,515 | €12,584 | -€4,931 | -28.2% |
| Income taxes | 67/77 | €4,143 | €3,777 | -€366 | -8.8% |
| Profit (loss) for the period | 9904 | €13,372 | €8,807 | -€4,565 | -34.1% |
| Profit (loss) for the period to be appropriated | 9905 | €13,372 | €8,807 | -€4,565 | -34.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.