SEGHIAR: 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.
SEGHIAR
Largest movements
- Cash +€2,393
up €2,393 (+438.9%), from €545 to €2,938
mainly Debts within one year (+€14,317)
- Receivables within one year +€481
up €481 (+308.2%), from €156 to €636
of which Other amounts receivable: +€626
- Debts within one year +€14,317
up €14,317 (+54.7%), from €26,156 to €40,473
of which Other debts: +€30,547
- Equity -€11,444
down €11,444 (-50.4%), from -€22,705 to -€34,149
of which Profit (loss) carried forward: -€11,444
- Gross operating margin -€14,961
down €14,961, from €3,604 to -€11,357
- Depreciation -€840
no longer reported in 2021 (was €840)
From the 2020 result to the 2021 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 2020 and 2021 balance sheets and the 2021 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2020 | 2021 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,451 | €6,324 | +€2,873 | +83.3% |
| Fixed assets | 21/28 | €1,700 | €1,700 | = | 0.0% |
| Financial fixed assets | 28 | €1,700 | €1,700 | = | 0.0% |
| Current assets | 29/58 | €1,751 | €4,624 | +€2,873 | +164.1% |
| Stocks and contracts in progress | 3 | €1,050 | €1,050 | = | 0.0% |
| Stocks | 30/36 | - | €1,050 | +€1,050 | |
| Amounts receivable within one year | 40/41 | €156 | €636 | +€481 | +308.2% |
| Trade receivables | 40 | - | €11 | +€11 | |
| Other amounts receivable | 41 | - | €626 | +€626 | |
| Cash at bank and in hand | 54/58 | €545 | €2,938 | +€2,393 | +438.9% |
| Total equity and liabilities | 10/49 | €3,451 | €6,324 | +€2,873 | +83.3% |
| Equity | 10/15 | -€22,705 | -€34,149 | -€11,444 | -50.4% |
| Contributions | 10/11 | - | €14,200 | +€14,200 | |
| Profit (loss) carried forward | 14 | -€36,905 | -€48,349 | -€11,444 | -31.0% |
| Amounts payable | 17/49 | €26,156 | €40,473 | +€14,317 | +54.7% |
| Amounts payable within one year | 42/48 | €26,156 | €40,473 | +€14,317 | +54.7% |
| Trade debts | 44 | €5,307 | €4,342 | -€966 | -18.2% |
| Suppliers | 440/4 | - | €4,342 | +€4,342 | |
| Taxes, remuneration and social security | 45 | - | €5,585 | +€5,585 | |
| Taxes | 450/3 | - | €3,112 | +€3,112 | |
| Remuneration and social security | 454/9 | - | €2,472 | +€2,472 | |
| Other amounts payable | 47/48 | - | €30,547 | +€30,547 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €840 | - | -€840 | |
| Gross operating margin | 9900 | €3,604 | -€11,357 | -€14,961 | |
| Operating profit (loss) | 9901 | €2,764 | -€11,357 | -€14,121 | |
| Financial charges | 65/66B | - | €87 | +€87 | |
| Recurring financial charges | 65 | €92 | €87 | -€5 | -5.6% |
| Profit (loss) for the period before taxes | 9903 | €2,672 | -€11,444 | -€14,116 | |
| Profit (loss) for the period | 9904 | €2,672 | -€11,444 | -€14,116 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,672 | -€11,444 | -€14,116 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2020 and 31 December 2021. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.