SEGHART: what changed
What changed
SEGHART
NACE 43.350, Other building finishing work
filed annual accounts (NBB)
Net result for the year
€171,906
2024 · €101,411+€70,494
Equity
€140,004
2024 · €133,098+€6,906
Cash
€32,004
2024 · €32,204-€200
Balance sheet total
€388,300
2024 · €342,320+€45,980
Largest movements
Assets
- Receivables within one year +€51,608
up €51,608 (+34.8%), from €148,169 to €199,777
of which Other amounts receivable: +€54,708
- Stocks and contracts -€5,800
down €5,800 (-13.0%), from €44,601 to €38,801
Equity and liabilities
- Other debts +€30,988
up €30,988 (+15.3%), from €202,469 to €233,457
- Trade debts +€7,178
up €7,178, from €0 to €7,178
- Profit (loss) carried forward +€6,906
up €6,906 (+11.3%), from €61,182 to €68,088
Income statement
- Gross operating margin +€79,368
up €79,368 (+44.5%), from €178,325 to €257,693
- Other operating charges +€10,783
up €10,783 (+105%), from €10,308 to €21,091
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€101,411
Gross operating margin
+€79,368
Staff costs
-€120
Depreciation
-€187
Other operating charges
-€10,783
Financial income
+€723
Financial charges
+€919
Taxes
+€573
Result 2025
€171,906
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€176,031
Investment
-€11,231
Financing
-€165,000
Cash 2024
€32,204
From operations (derived)
+€176,031
Net result for the year
+€171,906
Depreciation
+€10,884
Stocks and contracts
+€5,800
Receivables within one year
-€51,608
Deferred charges and accrued income
-€24
Trade debts
+€7,178
Tax, wage and social debts
+€909
Other debts
+€30,988
Investment (derived)
-€11,231
Investment in fixed assets (net)
-€11,231
Financing
-€165,000
Contributions, distributions and other
-€165,000
Cash 2025
€32,004
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €342,320 | €388,300 | +€45,980 | +13.4% |
| Fixed assets | 21/28 | €113,906 | €114,254 | +€348 | +0.3% |
| Tangible fixed assets | 22/27 | €113,115 | €113,462 | +€348 | +0.3% |
| Land and buildings | 22 | €112,723 | €113,202 | +€478 | +0.4% |
| Plant, machinery and equipment | 23 | €391 | €261 | -€131 | -33.4% |
| Financial fixed assets | 28 | €791 | €791 | = | 0.0% |
| Current assets | 29/58 | €228,414 | €274,046 | +€45,633 | +20.0% |
| Stocks and contracts in progress | 3 | €44,601 | €38,801 | -€5,800 | -13.0% |
| Stocks | 30/36 | €44,601 | €38,801 | -€5,800 | -13.0% |
| Amounts receivable within one year | 40/41 | €148,169 | €199,777 | +€51,608 | +34.8% |
| Trade receivables | 40 | €13,600 | €10,500 | -€3,100 | -22.8% |
| Other amounts receivable | 41 | €134,569 | €189,277 | +€54,708 | +40.7% |
| Cash at bank and in hand | 54/58 | €32,204 | €32,004 | -€200 | -0.6% |
| Deferred charges and accrued income | 490/1 | €3,440 | €3,464 | +€24 | +0.7% |
| Total equity and liabilities | 10/49 | €342,320 | €388,300 | +€45,980 | +13.4% |
| Equity | 10/15 | €133,098 | €140,004 | +€6,906 | +5.2% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €9,943 | €9,943 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Distributable reserves | 133 | €3,745 | €3,745 | = | 0.0% |
| Profit (loss) carried forward | 14 | €61,182 | €68,088 | +€6,906 | +11.3% |
| Amounts payable | 17/49 | €209,221 | €248,296 | +€39,075 | +18.7% |
| Amounts payable within one year | 42/48 | €209,221 | €248,296 | +€39,075 | +18.7% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €0 | €7,178 | +€7,178 | |
| Suppliers | 440/4 | €0 | €7,178 | +€7,178 | |
| Taxes, remuneration and social security | 45 | €6,752 | €7,661 | +€909 | +13.5% |
| Taxes | 450/3 | €4,923 | €3,396 | -€1,528 | -31.0% |
| Remuneration and social security | 454/9 | €1,829 | €4,266 | +€2,436 | +133% |
| Other amounts payable | 47/48 | €202,469 | €233,457 | +€30,988 | +15.3% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €50,728 | €50,847 | +€120 | +0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,697 | €10,884 | +€187 | +1.7% |
| Other operating charges | 640/8 | €10,308 | €21,091 | +€10,783 | +105% |
| Gross operating margin | 9900 | €178,325 | €257,693 | +€79,368 | +44.5% |
| Operating profit (loss) | 9901 | €106,592 | €174,871 | +€68,278 | +64.1% |
| Financial income | 75/76B | €828 | €1,552 | +€723 | +87.3% |
| Recurring financial income | 75 | €828 | €1,552 | +€723 | +87.3% |
| Financial charges | 65/66B | €2,061 | €1,142 | -€919 | -44.6% |
| Recurring financial charges | 65 | €2,061 | €1,142 | -€919 | -44.6% |
| Profit (loss) for the period before taxes | 9903 | €105,359 | €175,280 | +€69,921 | +66.4% |
| Income taxes | 67/77 | €3,948 | €3,374 | -€573 | -14.5% |
| Profit (loss) for the period | 9904 | €101,411 | €171,906 | +€70,494 | +69.5% |
| Profit (loss) for the period to be appropriated | 9905 | €101,411 | €171,906 | +€70,494 | +69.5% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.