SEGERS HUGO: 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 HUGO
Largest movements
- Deferred charges and accrued income -€174
no longer reported in 2025 (was €174)
- Profit (loss) carried forward -€507
down €507 (-0.3%), from -€201,015 to -€201,522
- Other debts +€333
up €333 (+0.2%), from €182,597 to €182,930
- Gross operating margin -€149
down €149 (-62.8%), from -€238 to -€387
- Other operating charges -€65
down €65 (-35.1%), from €185 to €120
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €174 | - | -€174 | |
| Current assets | 29/58 | €174 | - | -€174 | |
| Deferred charges and accrued income | 490/1 | €174 | - | -€174 | |
| Total equity and liabilities | 10/49 | €174 | €0 | -€174 | -100% |
| Equity | 10/15 | -€182,423 | -€182,930 | -€507 | -0.3% |
| Contributions | 10/11 | €18,592 | €18,592 | +€0 | 0.0% |
| Profit (loss) carried forward | 14 | -€201,015 | -€201,522 | -€507 | -0.3% |
| Amounts payable | 17/49 | €182,597 | €182,930 | +€333 | +0.2% |
| Amounts payable within one year | 42/48 | €182,597 | €182,930 | +€333 | +0.2% |
| Other amounts payable | 47/48 | €182,597 | €182,930 | +€333 | +0.2% |
| Other operating charges | 640/8 | €185 | €120 | -€65 | -35.1% |
| Gross operating margin | 9900 | -€238 | -€387 | -€149 | -62.8% |
| Operating profit (loss) | 9901 | -€423 | -€507 | -€84 | -20.0% |
| Profit (loss) for the period before taxes | 9903 | -€423 | -€507 | -€84 | -20.0% |
| Profit (loss) for the period | 9904 | -€423 | -€507 | -€84 | -20.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€423 | -€507 | -€84 | -20.0% |
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.