SEGERS CONSULTING: 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.
SEGERS CONSULTING
Largest movements
- Receivables within one year -€13,310
down €13,310 (-86.3%), from €15,431 to €2,121
of which Trade receivables: -€13,310
- Tangible fixed assets -€3,920
down €3,920 (-20.8%), from €18,880 to €14,960
- Cash +€2,218
up €2,218 (+51.1%), from €4,344 to €6,562
mainly Receivables within one year (+€13,310) and Other debts (+€6,053)
- Profit (loss) carried forward -€19,268
down €19,268 (-34.4%), from -€55,996 to -€75,264
- Other debts +€6,053
up €6,053 (+7.4%), from €81,625 to €87,678
- Accrued charges and deferred income -€1,280
no longer reported in 2025 (was €1,280)
- Tax, wage and social debts -€693
no longer reported in 2025 (was €693)
- Trade debts +€491
up €491 (+30.6%), from €1,604 to €2,095
- Gross operating margin -€11,056
down €11,056 (-494%), from -€2,240 to -€13,296
- Depreciation -€2,725
down €2,725 (-41.0%), from €6,645 to €3,920
- Other operating charges +€1,426
up €1,426 (+234%), from €610 to €2,037
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.
Derived cash bridge
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 | €41,555 | €26,858 | -€14,697 | -35.4% |
| Fixed assets | 21/28 | €21,380 | €17,460 | -€3,920 | -18.3% |
| Tangible fixed assets | 22/27 | €18,880 | €14,960 | -€3,920 | -20.8% |
| Land and buildings | 22 | €18,880 | €14,960 | -€3,920 | -20.8% |
| Financial fixed assets | 28 | €2,500 | €2,500 | = | 0.0% |
| Current assets | 29/58 | €20,176 | €9,399 | -€10,777 | -53.4% |
| Amounts receivable within one year | 40/41 | €15,431 | €2,121 | -€13,310 | -86.3% |
| Trade receivables | 40 | €13,310 | - | -€13,310 | |
| Other amounts receivable | 41 | €2,121 | €2,121 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €4,344 | €6,562 | +€2,218 | +51.1% |
| Deferred charges and accrued income | 490/1 | €400 | €715 | +€315 | +78.7% |
| Total equity and liabilities | 10/49 | €41,555 | €26,858 | -€14,697 | -35.4% |
| Equity | 10/15 | -€43,647 | -€62,915 | -€19,268 | -44.1% |
| Contributions | 10/11 | €6,208 | €6,208 | = | 0.0% |
| Reserves | 13 | €6,142 | €6,142 | = | 0.0% |
| Distributable reserves | 133 | €6,142 | €6,142 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€55,996 | -€75,264 | -€19,268 | -34.4% |
| Amounts payable | 17/49 | €85,202 | €89,773 | +€4,571 | +5.4% |
| Amounts payable within one year | 42/48 | €83,922 | €89,773 | +€5,851 | +7.0% |
| Trade debts | 44 | €1,604 | €2,095 | +€491 | +30.6% |
| Suppliers | 440/4 | €1,604 | €2,095 | +€491 | +30.6% |
| Taxes, remuneration and social security | 45 | €693 | - | -€693 | |
| Taxes | 450/3 | €693 | - | -€693 | |
| Other amounts payable | 47/48 | €81,625 | €87,678 | +€6,053 | +7.4% |
| Accrued charges and deferred income | 492/3 | €1,280 | - | -€1,280 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,645 | €3,920 | -€2,725 | -41.0% |
| Other operating charges | 640/8 | €610 | €2,037 | +€1,426 | +234% |
| Gross operating margin | 9900 | -€2,240 | -€13,296 | -€11,056 | -494% |
| Operating profit (loss) | 9901 | -€9,495 | -€19,253 | -€9,758 | -103% |
| Financial charges | 65/66B | €31 | €15 | -€16 | -51.9% |
| Recurring financial charges | 65 | €31 | €15 | -€16 | -51.9% |
| Profit (loss) for the period before taxes | 9903 | -€9,526 | -€19,268 | -€9,741 | -102% |
| Profit (loss) for the period | 9904 | -€9,526 | -€19,268 | -€9,741 | -102% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,526 | -€19,268 | -€9,741 | -102% |
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 20 October 2026 via checked.be.