SEGERS IMMO & MANAGEMENT: 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 IMMO & MANAGEMENT
Largest movements
- Cash -€66,933
down €66,933 (-94.5%), from €70,862 to €3,929
mainly Debts after one year (-€35,730) and Other debts (-€30,663)
- Tangible fixed assets -€14,048
down €14,048 (-3.9%), from €359,943 to €345,894
of which Land and buildings: -€12,757
- Receivables within one year +€4,479
up €4,479, from €0 to €4,479
of which Other amounts receivable: +€4,479
- Debts after one year -€35,730
down €35,730 (-74.7%), from €47,845 to €12,115
- Other debts -€30,663
down €30,663 (-91.2%), from €33,633 to €2,970
- Tax, wage and social debts -€8,613
down €8,613 (-34.1%), from €25,234 to €16,621
- Gross operating margin -€73,324
down €73,324 (-77.4%), from €94,787 to €21,462
- Taxes -€20,958
down €20,958 (-97.6%), from €21,478 to €521
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 | €431,295 | €354,827 | -€76,467 | -17.7% |
| Fixed assets | 21/28 | €359,943 | €345,894 | -€14,048 | -3.9% |
| Tangible fixed assets | 22/27 | €359,943 | €345,894 | -€14,048 | -3.9% |
| Land and buildings | 22 | €354,472 | €341,715 | -€12,757 | -3.6% |
| Furniture and vehicles | 24 | €5,471 | €4,179 | -€1,292 | -23.6% |
| Current assets | 29/58 | €71,352 | €8,933 | -€62,419 | -87.5% |
| Amounts receivable within one year | 40/41 | €0 | €4,479 | +€4,479 | |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €0 | €4,479 | +€4,479 | |
| Cash at bank and in hand | 54/58 | €70,862 | €3,929 | -€66,933 | -94.5% |
| Deferred charges and accrued income | 490/1 | €490 | €525 | +€35 | +7.2% |
| Total equity and liabilities | 10/49 | €431,295 | €354,827 | -€76,467 | -17.7% |
| Equity | 10/15 | €284,652 | €284,927 | +€275 | +0.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €266,052 | €266,327 | +€275 | +0.1% |
| Distributable reserves | 133 | €266,052 | €266,327 | +€275 | +0.1% |
| Amounts payable | 17/49 | €146,643 | €69,901 | -€76,742 | -52.3% |
| Amounts payable after more than one year | 17 | €47,845 | €12,115 | -€35,730 | -74.7% |
| Financial debts | 170/4 | €47,845 | €12,115 | -€35,730 | -74.7% |
| Amounts payable within one year | 42/48 | €98,798 | €57,786 | -€41,012 | -41.5% |
| Current portion of amounts payable after more than one year | 42 | €34,828 | €35,730 | +€903 | +2.6% |
| Financial debts | 43 | €1,690 | €1,682 | -€8 | -0.5% |
| Credit institutions | 430/8 | €1,690 | €1,682 | -€8 | -0.5% |
| Trade debts | 44 | €3,413 | €782 | -€2,631 | -77.1% |
| Suppliers | 440/4 | €3,413 | €782 | -€2,631 | -77.1% |
| Taxes, remuneration and social security | 45 | €25,234 | €16,621 | -€8,613 | -34.1% |
| Taxes | 450/3 | €25,234 | €16,621 | -€8,613 | -34.1% |
| Other amounts payable | 47/48 | €33,633 | €2,970 | -€30,663 | -91.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,614 | €14,048 | +€435 | +3.2% |
| Other operating charges | 640/8 | €3,670 | €3,689 | +€18 | +0.5% |
| Gross operating margin | 9900 | €94,787 | €21,462 | -€73,324 | -77.4% |
| Operating profit (loss) | 9901 | €77,503 | €3,725 | -€73,777 | -95.2% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Financial charges | 65/66B | €3,864 | €2,930 | -€934 | -24.2% |
| Recurring financial charges | 65 | €3,864 | €2,930 | -€934 | -24.2% |
| Profit (loss) for the period before taxes | 9903 | €73,639 | €796 | -€72,843 | -98.9% |
| Income taxes | 67/77 | €21,478 | €521 | -€20,958 | -97.6% |
| Profit (loss) for the period | 9904 | €52,161 | €275 | -€51,886 | -99.5% |
| Profit (loss) for the period to be appropriated | 9905 | €52,161 | €275 | -€51,886 | -99.5% |
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 15 October 2026 via checked.be.