SEGETRA: 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.
SEGETRA
Largest movements
- Cash +€8,335
up €8,335 (+396.8%), from €2,100 to €10,435
mainly Net result for the year (+€4,027) and Receivables within one year (+€3,193)
- Receivables within one year -€3,193
down €3,193 (-14.3%), from €22,368 to €19,175
of which Other amounts receivable: -€5,734
- Tangible fixed assets +€1,208
up €1,208 (+2085.6%), from €58 to €1,266
of which Plant, machinery and equipment: +€1,266
- Profit (loss) carried forward +€4,027
up €4,027 (+39.2%), from €10,266 to €14,293
- Tax, wage and social debts +€1,814
new in 2025: €1,814
- Trade debts +€508
new in 2025: €508
- Gross operating margin +€4,811
up €4,811, from -€387 to €4,424
- Depreciation -€267
down €267 (-75.9%), from €352 to €85
- Financial charges +€159
up €159 (+103.6%), from €153 to €312
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 | €24,526 | €30,876 | +€6,349 | +25.9% |
| Fixed assets | 21/28 | €58 | €1,266 | +€1,208 | +2085.6% |
| Tangible fixed assets | 22/27 | €58 | €1,266 | +€1,208 | +2085.6% |
| Plant, machinery and equipment | 23 | - | €1,266 | +€1,266 | |
| Other tangible fixed assets | 26 | €58 | - | -€58 | |
| Current assets | 29/58 | €24,468 | €29,610 | +€5,141 | +21.0% |
| Amounts receivable within one year | 40/41 | €22,368 | €19,175 | -€3,193 | -14.3% |
| Trade receivables | 40 | - | €2,541 | +€2,541 | |
| Other amounts receivable | 41 | €22,368 | €16,634 | -€5,734 | -25.6% |
| Cash at bank and in hand | 54/58 | €2,100 | €10,435 | +€8,335 | +396.8% |
| Total equity and liabilities | 10/49 | €24,526 | €30,876 | +€6,349 | +25.9% |
| Equity | 10/15 | €24,526 | €28,553 | +€4,027 | +16.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Capital | 10 | €12,400 | €12,400 | = | 0.0% |
| Issued capital | 100 | €18,592 | €12,400 | -€6,192 | -33.3% |
| Uncalled capital | 101 | €6,192 | - | -€6,192 | |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,266 | €14,293 | +€4,027 | +39.2% |
| Amounts payable | 17/49 | - | €2,323 | +€2,323 | |
| Amounts payable within one year | 42/48 | - | €2,323 | +€2,323 | |
| Trade debts | 44 | - | €508 | +€508 | |
| Suppliers | 440/4 | - | €508 | +€508 | |
| Taxes, remuneration and social security | 45 | - | €1,814 | +€1,814 | |
| Taxes | 450/3 | - | €1,814 | +€1,814 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €352 | €85 | -€267 | -75.9% |
| Gross operating margin | 9900 | -€387 | €4,424 | +€4,811 | |
| Operating profit (loss) | 9901 | -€739 | €4,339 | +€5,078 | |
| Financial charges | 65/66B | €153 | €312 | +€159 | +103.6% |
| Recurring financial charges | 65 | €153 | €312 | +€159 | +103.6% |
| Profit (loss) for the period before taxes | 9903 | -€892 | €4,027 | +€4,919 | |
| Profit (loss) for the period | 9904 | -€892 | €4,027 | +€4,919 | |
| Profit (loss) for the period to be appropriated | 9905 | -€892 | €4,027 | +€4,919 |
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 30 September 2026 via checked.be.