SEGERS PETER: 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.
What changed
SEGERS PETER
NACE 69.101, Activities of lawyers
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€78,045
2024 · €45,459+€32,586
Equity
€1.0m
2024 · €949,213+€78,045
Cash
€336,470
2024 · €351,083-€14,612
Balance sheet total
€1.5m
2024 · €1.5m-€5,705
Largest movements
Assets
- Receivables within one year +€28,540
up €28,540 (+16.5%), from €173,424 to €201,964
of which Other amounts receivable: +€46,141
- Tangible fixed assets -€20,340
down €20,340 (-3.1%), from €662,265 to €641,925
of which Furniture and vehicles: -€24,327
Equity and liabilities
- Reserves +€78,045
up €78,045 (+8.6%), from €903,213 to €981,258
of which Distributable reserves: +€79,547
- Debts after one year -€53,661
down €53,661 (-17.8%), from €301,242 to €247,581
of which Financial debts: -€53,661
- Tax, wage and social debts -€30,421
down €30,421 (-30.1%), from €101,193 to €70,771
of which Taxes: -€31,032
Income statement
- Gross operating margin +€46,018
up €46,018 (+19.6%), from €234,465 to €280,483
- Taxes +€15,473
up €15,473 (+64.3%), from €24,071 to €39,544
- Financial charges -€9,847
down €9,847 (-40.9%), from €24,081 to €14,234
- Staff costs +€8,812
up €8,812 (+8.8%), from €100,418 to €109,231
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.
Result 2024
€45,459
Gross operating margin
+€46,018
Staff costs
-€8,812
Depreciation
-€1,410
Other operating charges
+€320
Other operating items
+€30
Financial income
+€2,068
Financial charges
+€9,847
Taxes
-€15,473
Result 2025
€78,045
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.
From operations
+€63,658
Investment
-€26,556
Financing
-€51,715
Cash 2024
€351,083
From operations (derived)
+€63,658
Net result for the year
+€78,045
Depreciation
+€46,896
Receivables within one year
-€28,540
Deferred charges and accrued income
-€708
Provisions
-€471
Trade debts
+€9,449
Tax, wage and social debts
-€30,421
Advances received
-€697
Accrued charges and deferred income
-€9,896
Investment (derived)
-€26,556
Investment in fixed assets (net)
-€26,556
Financing
-€51,715
Debts after one year
-€53,661
Current portion of long-term debt
+€1,946
Cash 2025
€336,470
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,541,459 | €1,535,754 | -€5,705 | -0.4% |
| Fixed assets | 21/28 | €662,265 | €641,925 | -€20,340 | -3.1% |
| Tangible fixed assets | 22/27 | €662,265 | €641,925 | -€20,340 | -3.1% |
| Land and buildings | 22 | €17,369 | €15,278 | -€2,092 | -12.0% |
| Furniture and vehicles | 24 | €104,622 | €80,295 | -€24,327 | -23.3% |
| Other tangible fixed assets | 26 | €540,274 | €546,352 | +€6,078 | +1.1% |
| Current assets | 29/58 | €879,194 | €893,829 | +€14,635 | +1.7% |
| Amounts receivable after more than one year | 29 | €350,000 | €350,000 | = | 0.0% |
| Other amounts receivable | 291 | €350,000 | €350,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €173,424 | €201,964 | +€28,540 | +16.5% |
| Trade receivables | 40 | €145,655 | €128,053 | -€17,601 | -12.1% |
| Other amounts receivable | 41 | €27,769 | €73,911 | +€46,141 | +166.2% |
| Cash at bank and in hand | 54/58 | €351,083 | €336,470 | -€14,612 | -4.2% |
| Deferred charges and accrued income | 490/1 | €4,688 | €5,395 | +€708 | +15.1% |
| Total equity and liabilities | 10/49 | €1,541,459 | €1,535,754 | -€5,705 | -0.4% |
| Equity | 10/15 | €949,213 | €1,027,258 | +€78,045 | +8.2% |
| Contributions | 10/11 | €46,000 | €46,000 | = | 0.0% |
| Reserves | 13 | €903,213 | €981,258 | +€78,045 | +8.6% |
| Non-distributable reserves | 130/1 | €4,600 | €4,600 | = | 0.0% |
| Reserves not available under the articles | 1311 | €4,600 | €0 | -€4,600 | -100.0% |
| Other | 1319 | - | €4,600 | +€4,600 | |
| Tax-exempt reserves | 132 | €57,923 | €56,420 | -€1,502 | -2.6% |
| Distributable reserves | 133 | €840,691 | €920,238 | +€79,547 | +9.5% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Provisions and deferred taxes | 16 | €14,562 | €14,092 | -€471 | -3.2% |
| Deferred taxes | 168 | €14,562 | €14,092 | -€471 | -3.2% |
| Amounts payable | 17/49 | €577,683 | €494,404 | -€83,279 | -14.4% |
| Amounts payable after more than one year | 17 | €301,242 | €247,581 | -€53,661 | -17.8% |
| Financial debts | 170/4 | €298,005 | €244,344 | -€53,661 | -18.0% |
| Other amounts payable | 178/9 | €3,236 | €3,236 | = | 0.0% |
| Amounts payable within one year | 42/48 | €195,252 | €175,529 | -€19,723 | -10.1% |
| Current portion of amounts payable after more than one year | 42 | €51,715 | €53,661 | +€1,946 | +3.8% |
| Financial debts | 43 | €30,000 | €30,000 | = | 0.0% |
| Credit institutions | 430/8 | €30,000 | €30,000 | = | 0.0% |
| Trade debts | 44 | €11,647 | €21,097 | +€9,449 | +81.1% |
| Suppliers | 440/4 | €11,647 | €21,097 | +€9,449 | +81.1% |
| Advances received on contracts in progress | 46 | €697 | €0 | -€697 | -100.0% |
| Taxes, remuneration and social security | 45 | €101,193 | €70,771 | -€30,421 | -30.1% |
| Taxes | 450/3 | €82,053 | €51,021 | -€31,032 | -37.8% |
| Remuneration and social security | 454/9 | €19,140 | €19,750 | +€610 | +3.2% |
| Accrued charges and deferred income | 492/3 | €81,190 | €71,295 | -€9,896 | -12.2% |
| Non-recurring operating income | 76A | €7,792 | €0 | -€7,792 | -100.0% |
| Remuneration, social security and pensions | 62 | €100,418 | €109,231 | +€8,812 | +8.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,486 | €46,896 | +€1,410 | +3.1% |
| Other operating charges | 640/8 | €8,903 | €8,582 | -€320 | -3.6% |
| Non-recurring operating charges | 66A | €244 | €214 | -€30 | -12.3% |
| Gross operating margin | 9900 | €234,465 | €280,483 | +€46,018 | +19.6% |
| Operating profit (loss) | 9901 | €79,415 | €115,560 | +€36,145 | +45.5% |
| Financial income | 75/76B | €13,724 | €15,792 | +€2,068 | +15.1% |
| Recurring financial income | 75 | €13,724 | €15,792 | +€2,068 | +15.1% |
| Financial charges | 65/66B | €24,081 | €14,234 | -€9,847 | -40.9% |
| Recurring financial charges | 65 | €24,081 | €14,234 | -€9,847 | -40.9% |
| Profit (loss) for the period before taxes | 9903 | €69,059 | €117,118 | +€48,060 | +69.6% |
| Transfer from deferred taxes | 780 | €471 | €471 | = | 0.0% |
| Income taxes | 67/77 | €24,071 | €39,544 | +€15,473 | +64.3% |
| Profit (loss) for the period | 9904 | €45,459 | €78,045 | +€32,586 | +71.7% |
| Transfer from tax-exempt reserves | 789 | €1,502 | €1,502 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €46,961 | €79,547 | +€32,586 | +69.4% |
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 5 October 2026 via checked.be.