SEGIMMO: 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.
SEGIMMO
Largest movements
- Current investments -€54,734
down €54,734 (-10.9%), from €500,000 to €445,266
- Tangible fixed assets -€32,894
down €32,894 (-1.5%), from €2.2m to €2.2m
- Other debts -€76,594
down €76,594 (-28.1%), from €272,208 to €195,614
- Financial income +€4,352
up €4,352 (+67.6%), from €6,440 to €10,791
- Gross operating margin +€1,924
up €1,924 (+21.0%), from €9,156 to €11,080
- Other operating charges +€958
up €958 (+19.8%), from €4,845 to €5,803
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 | €2,760,261 | €2,666,577 | -€93,685 | -3.4% |
| Fixed assets | 21/28 | €2,244,144 | €2,211,250 | -€32,894 | -1.5% |
| Tangible fixed assets | 22/27 | €2,244,090 | €2,211,196 | -€32,894 | -1.5% |
| Land and buildings | 22 | €2,244,090 | €2,211,196 | -€32,894 | -1.5% |
| Financial fixed assets | 28 | €54 | €54 | = | 0.0% |
| Current assets | 29/58 | €516,117 | €455,327 | -€60,790 | -11.8% |
| Current investments | 50/53 | €500,000 | €445,266 | -€54,734 | -10.9% |
| Cash at bank and in hand | 54/58 | €16,117 | €10,061 | -€6,057 | -37.6% |
| Total equity and liabilities | 10/49 | €2,760,261 | €2,666,577 | -€93,685 | -3.4% |
| Equity | 10/15 | €2,360,549 | €2,347,413 | -€13,137 | -0.6% |
| Contributions | 10/11 | €594,880 | €594,880 | = | 0.0% |
| Reserves | 13 | €1,689,935 | €1,678,303 | -€11,631 | -0.7% |
| Non-distributable reserves | 130/1 | €59,488 | €59,488 | = | 0.0% |
| Reserves not available under the articles | 1311 | €59,488 | €59,488 | = | 0.0% |
| Tax-exempt reserves | 132 | €230,447 | €218,815 | -€11,631 | -5.0% |
| Distributable reserves | 133 | €1,400,000 | €1,400,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €75,734 | €74,229 | -€1,505 | -2.0% |
| Provisions and deferred taxes | 16 | €126,234 | €122,357 | -€3,877 | -3.1% |
| Deferred taxes | 168 | €126,234 | €122,357 | -€3,877 | -3.1% |
| Amounts payable | 17/49 | €273,478 | €196,807 | -€76,671 | -28.0% |
| Amounts payable within one year | 42/48 | €273,478 | €196,807 | -€76,671 | -28.0% |
| Trade debts | 44 | €1,269 | €1,193 | -€76 | -6.0% |
| Suppliers | 440/4 | €1,269 | €1,193 | -€76 | -6.0% |
| Other amounts payable | 47/48 | €272,208 | €195,614 | -€76,594 | -28.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,894 | €32,894 | -€0 | 0.0% |
| Other operating charges | 640/8 | €4,845 | €5,803 | +€958 | +19.8% |
| Gross operating margin | 9900 | €9,156 | €11,080 | +€1,924 | +21.0% |
| Operating profit (loss) | 9901 | -€28,583 | -€27,618 | +€966 | +3.4% |
| Financial income | 75/76B | €6,440 | €10,791 | +€4,352 | +67.6% |
| Recurring financial income | 75 | €6,440 | €10,791 | +€4,352 | +67.6% |
| Financial charges | 65/66B | €150 | €188 | +€38 | +25.0% |
| Recurring financial charges | 65 | €150 | €188 | +€38 | +25.0% |
| Profit (loss) for the period before taxes | 9903 | -€22,294 | -€17,014 | +€5,280 | +23.7% |
| Transfer from deferred taxes | 780 | €3,877 | €3,877 | = | 0.0% |
| Profit (loss) for the period | 9904 | -€18,416 | -€13,137 | +€5,280 | +28.7% |
| Transfer from tax-exempt reserves | 789 | €11,631 | €11,631 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,785 | -€1,505 | +€5,280 | +77.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.