Seghers Landschap: 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.
Seghers Landschap
Largest movements
- Tangible fixed assets +€77,502
new in 2025: €77,502
of which Furniture and vehicles: +€69,867
- Receivables within one year +€58,521
up €58,521 (+51.7%), from €113,297 to €171,817
of which Trade receivables: +€58,358
- Cash +€31,228
up €31,228 (+68,302%), from €46 to €31,274
mainly Debts after one year (+€46,418) and Trade debts (+€34,316)
- Reserves +€50,000
new in 2025: €50,000
- Debts after one year +€46,418
new in 2025: €46,418
- Trade debts +€34,316
up €34,316 (+76.7%), from €44,769 to €79,085
- Other debts +€22,631
new in 2025: €22,631
- Profit (loss) carried forward -€19,277
down €19,277 (-38.2%), from €50,470 to €31,193
- Staff costs +€20,998
new in 2025: €20,998
- Depreciation +€15,616
new in 2025: €15,616
- Gross operating margin +€13,335
up €13,335 (+21.0%), from €63,496 to €76,831
- Taxes -€6,121
down €6,121 (-48.5%), from €12,618 to €6,496
- Financial charges +€2,451
up €2,451 (+12,070%), from €20 to €2,472
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.
Derived cash bridge
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 | €113,342 | €282,971 | +€169,629 | +150% |
| Fixed assets | 21/28 | - | €77,502 | +€77,502 | |
| Tangible fixed assets | 22/27 | - | €77,502 | +€77,502 | |
| Plant, machinery and equipment | 23 | - | €7,635 | +€7,635 | |
| Furniture and vehicles | 24 | - | €69,867 | +€69,867 | |
| Current assets | 29/58 | €113,342 | €205,469 | +€92,127 | +81.3% |
| Amounts receivable within one year | 40/41 | €113,297 | €171,817 | +€58,521 | +51.7% |
| Trade receivables | 40 | €113,292 | €171,650 | +€58,358 | +51.5% |
| Other amounts receivable | 41 | €5 | €167 | +€162 | +3,248% |
| Cash at bank and in hand | 54/58 | €46 | €31,274 | +€31,228 | +68,302% |
| Deferred charges and accrued income | 490/1 | - | €2,378 | +€2,378 | |
| Total equity and liabilities | 10/49 | €113,342 | €282,971 | +€169,629 | +150% |
| Equity | 10/15 | €53,470 | €84,193 | +€30,723 | +57.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | - | €50,000 | +€50,000 | |
| Distributable reserves | 133 | - | €50,000 | +€50,000 | |
| Profit (loss) carried forward | 14 | €50,470 | €31,193 | -€19,277 | -38.2% |
| Amounts payable | 17/49 | €59,872 | €198,778 | +€138,906 | +232% |
| Amounts payable after more than one year | 17 | - | €46,418 | +€46,418 | |
| Financial debts | 170/4 | - | €46,418 | +€46,418 | |
| Amounts payable within one year | 42/48 | €59,872 | €141,670 | +€81,798 | +137% |
| Current portion of amounts payable after more than one year | 42 | - | €9,642 | +€9,642 | |
| Trade debts | 44 | €44,769 | €79,085 | +€34,316 | +76.7% |
| Suppliers | 440/4 | €44,769 | €79,085 | +€34,316 | +76.7% |
| Taxes, remuneration and social security | 45 | €15,103 | €30,312 | +€15,209 | +101% |
| Taxes | 450/3 | €15,103 | €26,726 | +€11,623 | +77.0% |
| Remuneration and social security | 454/9 | - | €3,586 | +€3,586 | |
| Other amounts payable | 47/48 | - | €22,631 | +€22,631 | |
| Accrued charges and deferred income | 492/3 | - | €10,690 | +€10,690 | |
| Remuneration, social security and pensions | 62 | - | €20,998 | +€20,998 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €15,616 | +€15,616 | |
| Other operating charges | 640/8 | €387 | €550 | +€162 | +41.9% |
| Gross operating margin | 9900 | €63,496 | €76,831 | +€13,335 | +21.0% |
| Operating profit (loss) | 9901 | €63,108 | €39,667 | -€23,441 | -37.1% |
| Financial income | 75/76B | - | €24 | +€24 | |
| Recurring financial income | 75 | - | €24 | +€24 | |
| Financial charges | 65/66B | €20 | €2,472 | +€2,451 | +12,070% |
| Recurring financial charges | 65 | €20 | €2,472 | +€2,451 | +12,070% |
| Profit (loss) for the period before taxes | 9903 | €63,088 | €37,219 | -€25,869 | -41.0% |
| Income taxes | 67/77 | €12,618 | €6,496 | -€6,121 | -48.5% |
| Profit (loss) for the period | 9904 | €50,470 | €30,723 | -€19,747 | -39.1% |
| Profit (loss) for the period to be appropriated | 9905 | €50,470 | €30,723 | -€19,747 | -39.1% |
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 25 October 2026 via checked.be.