SEGHERS IMMO: 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.
SEGHERS IMMO
Largest movements
- Cash -€5,762
down €5,762 (-90.8%), from €6,346 to €584
mainly Net result for the year (-€37,564) and Debts after one year (-€11,423)
- Tangible fixed assets -€5,454
down €5,454 (-3.3%), from €163,492 to €158,038
- Profit (loss) carried forward -€37,564
down €37,564, from €6,571 to -€30,993
- Other debts +€35,735
up €35,735 (+46.7%), from €76,444 to €112,179
- Debts after one year -€11,423
down €11,423 (-16.8%), from €68,004 to €56,581
- Accrued charges and deferred income +€1,800
up €1,800 (+100.0%), from €1,800 to €3,600
- Gross operating margin +€9,820
up €9,820 (+77.2%), from €12,722 to €22,542
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 | €170,504 | €159,254 | -€11,250 | -6.6% |
| Fixed assets | 21/28 | €163,492 | €158,038 | -€5,454 | -3.3% |
| Tangible fixed assets | 22/27 | €163,492 | €158,038 | -€5,454 | -3.3% |
| Other tangible fixed assets | 26 | €163,492 | €158,038 | -€5,454 | -3.3% |
| Current assets | 29/58 | €7,012 | €1,216 | -€5,796 | -82.7% |
| Amounts receivable within one year | 40/41 | €134 | €136 | +€2 | +1.5% |
| Other amounts receivable | 41 | €134 | €136 | +€2 | +1.5% |
| Cash at bank and in hand | 54/58 | €6,346 | €584 | -€5,762 | -90.8% |
| Deferred charges and accrued income | 490/1 | €532 | €496 | -€36 | -6.8% |
| Total equity and liabilities | 10/49 | €170,504 | €159,254 | -€11,250 | -6.6% |
| Equity | 10/15 | €11,571 | -€25,993 | -€37,564 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,571 | -€30,993 | -€37,564 | |
| Amounts payable | 17/49 | €158,933 | €185,247 | +€26,314 | +16.6% |
| Amounts payable after more than one year | 17 | €68,004 | €56,581 | -€11,423 | -16.8% |
| Financial debts | 170/4 | €68,004 | €56,581 | -€11,423 | -16.8% |
| Amounts payable within one year | 42/48 | €89,129 | €125,066 | +€35,937 | +40.3% |
| Current portion of amounts payable after more than one year | 42 | €11,897 | €11,563 | -€334 | -2.8% |
| Trade debts | 44 | €788 | €1,324 | +€536 | +68.0% |
| Suppliers | 440/4 | €788 | €1,324 | +€536 | +68.0% |
| Other amounts payable | 47/48 | €76,444 | €112,179 | +€35,735 | +46.7% |
| Accrued charges and deferred income | 492/3 | €1,800 | €3,600 | +€1,800 | +100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,454 | €5,454 | = | 0.0% |
| Other operating charges | 640/8 | €1,390 | €1,434 | +€44 | +3.2% |
| Non-recurring operating charges | 66A | - | €51,825 | +€51,825 | |
| Gross operating margin | 9900 | €12,722 | €22,542 | +€9,820 | +77.2% |
| Operating profit (loss) | 9901 | €5,878 | -€36,171 | -€42,049 | |
| Financial charges | 65/66B | €1,484 | €1,393 | -€91 | -6.1% |
| Recurring financial charges | 65 | €1,484 | €1,393 | -€91 | -6.1% |
| Profit (loss) for the period before taxes | 9903 | €4,394 | -€37,564 | -€41,958 | |
| Profit (loss) for the period | 9904 | €4,394 | -€37,564 | -€41,958 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,394 | -€37,564 | -€41,958 |
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 8 October 2026 via checked.be.