Eyskens & Segers: 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.
Eyskens & Segers
Largest movements
- Intangible fixed assets -€300,000
down €300,000 (-25.0%), from €1.2m to €900,000
- Cash +€145,280
up €145,280 (+29.5%), from €491,715 to €636,995
mainly Depreciation (+€335,444) and Net result for the year (+€319,386)
- Receivables within one year +€107,918
up €107,918 (+27.0%), from €399,942 to €507,859
of which Trade receivables: +€110,848
- Trade debts +€185,376
up €185,376 (+29.0%), from €638,964 to €824,340
- Debts after one year -€175,942
down €175,942 (-23.3%), from €756,670 to €580,728
- Reserves -€116,328
down €116,328 (-100.0%), from €116,328 to €0
- Current portion of long-term debt +€30,096
up €30,096 (+13.5%), from €223,762 to €253,858
- Gross operating margin +€272,313
up €272,313 (+21.4%), from €1.3m to €1.5m
- Staff costs +€93,300
up €93,300 (+14.1%), from €659,676 to €752,976
- Taxes +€46,172
up €46,172 (+69.6%), from €66,293 to €112,465
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 | €2,174,429 | €2,123,109 | -€51,320 | -2.4% |
| Fixed assets | 21/28 | €1,269,806 | €966,535 | -€303,271 | -23.9% |
| Intangible fixed assets | 21 | €1,200,000 | €900,000 | -€300,000 | -25.0% |
| Tangible fixed assets | 22/27 | €69,806 | €66,535 | -€3,271 | -4.7% |
| Plant, machinery and equipment | 23 | €7,154 | €32,352 | +€25,199 | +352.2% |
| Furniture and vehicles | 24 | €62,652 | €34,183 | -€28,470 | -45.4% |
| Current assets | 29/58 | €904,623 | €1,156,574 | +€251,951 | +27.9% |
| Amounts receivable within one year | 40/41 | €399,942 | €507,859 | +€107,918 | +27.0% |
| Trade receivables | 40 | €356,476 | €467,324 | +€110,848 | +31.1% |
| Other amounts receivable | 41 | €43,466 | €40,535 | -€2,931 | -6.7% |
| Cash at bank and in hand | 54/58 | €491,715 | €636,995 | +€145,280 | +29.5% |
| Deferred charges and accrued income | 490/1 | €12,967 | €11,721 | -€1,246 | -9.6% |
| Total equity and liabilities | 10/49 | €2,174,429 | €2,123,109 | -€51,320 | -2.4% |
| Equity | 10/15 | €146,328 | €30,000 | -€116,328 | -79.5% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €116,328 | €0 | -€116,328 | -100.0% |
| Distributable reserves | 133 | €116,328 | €0 | -€116,328 | -100.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €2,028,101 | €2,093,109 | +€65,008 | +3.2% |
| Amounts payable after more than one year | 17 | €756,670 | €580,728 | -€175,942 | -23.3% |
| Financial debts | 170/4 | €756,670 | €580,728 | -€175,942 | -23.3% |
| Amounts payable within one year | 42/48 | €1,270,099 | €1,511,049 | +€240,950 | +19.0% |
| Current portion of amounts payable after more than one year | 42 | €223,762 | €253,858 | +€30,096 | +13.5% |
| Trade debts | 44 | €638,964 | €824,340 | +€185,376 | +29.0% |
| Suppliers | 440/4 | €638,964 | €824,340 | +€185,376 | +29.0% |
| Taxes, remuneration and social security | 45 | €154,019 | €166,488 | +€12,469 | +8.1% |
| Taxes | 450/3 | €63,787 | €60,887 | -€2,900 | -4.5% |
| Remuneration and social security | 454/9 | €90,232 | €105,601 | +€15,368 | +17.0% |
| Other amounts payable | 47/48 | €253,355 | €266,364 | +€13,009 | +5.1% |
| Accrued charges and deferred income | 492/3 | €1,332 | €1,332 | = | 0.0% |
| Non-recurring operating income | 76A | €11,974 | €0 | -€11,974 | -100.0% |
| Remuneration, social security and pensions | 62 | €659,676 | €752,976 | +€93,300 | +14.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €327,539 | €335,444 | +€7,905 | +2.4% |
| Other operating charges | 640/8 | €10,892 | €8,159 | -€2,733 | -25.1% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €1,271,434 | €1,543,746 | +€272,313 | +21.4% |
| Operating profit (loss) | 9901 | €273,326 | €447,168 | +€173,842 | +63.6% |
| Financial income | 75/76B | €80 | €1,922 | +€1,842 | +2296.1% |
| Recurring financial income | 75 | €80 | €1,922 | +€1,842 | +2296.1% |
| Financial charges | 65/66B | €20,357 | €17,239 | -€3,117 | -15.3% |
| Recurring financial charges | 65 | €20,357 | €17,239 | -€3,117 | -15.3% |
| Profit (loss) for the period before taxes | 9903 | €253,050 | €431,851 | +€178,801 | +70.7% |
| Income taxes | 67/77 | €66,293 | €112,465 | +€46,172 | +69.6% |
| Profit (loss) for the period | 9904 | €186,757 | €319,386 | +€132,629 | +71.0% |
| Profit (loss) for the period to be appropriated | 9905 | €186,757 | €319,386 | +€132,629 | +71.0% |
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 8 October 2026 via checked.be.