SEGERS JAAK: 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 JAAK
Largest movements
- Cash +€13,825
up €13,825 (+266.6%), from €5,186 to €19,011
mainly Net result for the year (+€18,953) and Depreciation (+€12,915)
- Tangible fixed assets -€12,915
down €12,915 (-11.1%), from €116,324 to €103,410
- Receivables within one year -€5,295
down €5,295 (-27.3%), from €19,371 to €14,076
of which Trade receivables: -€6,979
- Stocks and contracts -€1,463
down €1,463 (-70.4%), from €2,078 to €615
- Reserves +€18,953
up €18,953 (+103.6%), from €18,295 to €37,248
- Debts after one year -€13,413
down €13,413 (-17.2%), from €78,167 to €64,754
- Trade debts -€6,977
down €6,977 (-87.7%), from €7,957 to €980
- Tax, wage and social debts -€5,225
down €5,225 (-65.6%), from €7,970 to €2,745
of which Taxes: -€3,325
- Gross operating margin +€21,864
up €21,864 (+103.3%), from €21,159 to €43,023
- Taxes +€5,668
up €5,668 (+1522.3%), from €372 to €6,040
- Financial charges -€530
down €530 (-14.9%), from €3,547 to €3,017
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 | €146,272 | €139,391 | -€6,881 | -4.7% |
| Fixed assets | 21/28 | €116,324 | €103,410 | -€12,915 | -11.1% |
| Tangible fixed assets | 22/27 | €116,324 | €103,410 | -€12,915 | -11.1% |
| Land and buildings | 22 | €97,002 | €91,071 | -€5,930 | -6.1% |
| Plant, machinery and equipment | 23 | €4,237 | €3,092 | -€1,145 | -27.0% |
| Furniture and vehicles | 24 | €15,086 | €9,247 | -€5,839 | -38.7% |
| Current assets | 29/58 | €29,948 | €35,981 | +€6,033 | +20.1% |
| Stocks and contracts in progress | 3 | €2,078 | €615 | -€1,463 | -70.4% |
| Stocks | 30/36 | €2,078 | €615 | -€1,463 | -70.4% |
| Amounts receivable within one year | 40/41 | €19,371 | €14,076 | -€5,295 | -27.3% |
| Trade receivables | 40 | €18,544 | €11,565 | -€6,979 | -37.6% |
| Other amounts receivable | 41 | €826 | €2,511 | +€1,685 | +203.9% |
| Cash at bank and in hand | 54/58 | €5,186 | €19,011 | +€13,825 | +266.6% |
| Deferred charges and accrued income | 490/1 | €3,313 | €2,280 | -€1,033 | -31.2% |
| Total equity and liabilities | 10/49 | €146,272 | €139,391 | -€6,881 | -4.7% |
| Equity | 10/15 | €36,895 | €55,848 | +€18,953 | +51.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €18,295 | €37,248 | +€18,953 | +103.6% |
| Distributable reserves | 133 | €18,295 | €37,248 | +€18,953 | +103.6% |
| Amounts payable | 17/49 | €109,378 | €83,543 | -€25,835 | -23.6% |
| Amounts payable after more than one year | 17 | €78,167 | €64,754 | -€13,413 | -17.2% |
| Financial debts | 170/4 | €78,167 | €64,754 | -€13,413 | -17.2% |
| Amounts payable within one year | 42/48 | €31,211 | €18,789 | -€12,422 | -39.8% |
| Current portion of amounts payable after more than one year | 42 | €12,956 | €13,412 | +€456 | +3.5% |
| Trade debts | 44 | €7,957 | €980 | -€6,977 | -87.7% |
| Suppliers | 440/4 | €7,957 | €980 | -€6,977 | -87.7% |
| Taxes, remuneration and social security | 45 | €7,970 | €2,745 | -€5,225 | -65.6% |
| Taxes | 450/3 | €4,100 | €775 | -€3,325 | -81.1% |
| Remuneration and social security | 454/9 | €3,870 | €1,970 | -€1,900 | -49.1% |
| Other amounts payable | 47/48 | €2,328 | €1,652 | -€677 | -29.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,914 | €12,915 | +€0 | 0.0% |
| Other operating charges | 640/8 | €2,056 | €2,117 | +€60 | +2.9% |
| Gross operating margin | 9900 | €21,159 | €43,023 | +€21,864 | +103.3% |
| Operating profit (loss) | 9901 | €6,188 | €27,992 | +€21,804 | +352.3% |
| Financial income | 75/76B | €31 | €19 | -€13 | -40.3% |
| Recurring financial income | 75 | €31 | €19 | -€13 | -40.3% |
| Financial charges | 65/66B | €3,547 | €3,017 | -€530 | -14.9% |
| Recurring financial charges | 65 | €3,547 | €3,017 | -€530 | -14.9% |
| Profit (loss) for the period before taxes | 9903 | €2,672 | €24,994 | +€22,321 | +835.3% |
| Income taxes | 67/77 | €372 | €6,040 | +€5,668 | +1522.3% |
| Profit (loss) for the period | 9904 | €2,300 | €18,953 | +€16,654 | +724.1% |
| Profit (loss) for the period to be appropriated | 9905 | €2,300 | €18,953 | +€16,654 | +724.1% |
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 11 October 2026 via checked.be.