SEGMED: 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.
SEGMED
Largest movements
- Cash -€168,622
down €168,622 (-65.3%), from €258,313 to €89,691
mainly Contributions, distributions and other (-€81,300) and Receivables within one year (-€35,098)
- Receivables within one year +€35,098
up €35,098 (+332%), from €10,565 to €45,663
of which Other amounts receivable: +€27,658
- Tangible fixed assets +€13,774
up €13,774 (+52.0%), from €26,514 to €40,289
of which Furniture and vehicles: +€7,812
- Reserves -€101,774
down €101,774 (-37.4%), from €272,428 to €170,654
of which Distributable reserves: -€101,774
- Trade debts -€14,578
down €14,578 (-100%), from €14,578 to €0
- Other debts -€3,526
down €3,526 (-100%), from €3,526 to €0
- Gross operating margin -€67,885
down €67,885, from €55,709 to -€12,176
- Other operating charges -€13,918
down €13,918 (-93.0%), from €14,972 to €1,054
- Taxes -€9,062
down €9,062 (-97.1%), from €9,336 to €273
- Financial income +€2,044
up €2,044 (+806%), from €254 to €2,297
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 | €349,868 | €228,054 | -€121,814 | -34.8% |
| Fixed assets | 21/28 | €26,514 | €40,289 | +€13,774 | +52.0% |
| Tangible fixed assets | 22/27 | €26,514 | €40,289 | +€13,774 | +52.0% |
| Plant, machinery and equipment | 23 | - | €2,571 | +€2,571 | |
| Furniture and vehicles | 24 | €21,868 | €29,680 | +€7,812 | +35.7% |
| Other tangible fixed assets | 26 | €4,646 | €8,037 | +€3,391 | +73.0% |
| Current assets | 29/58 | €323,354 | €187,765 | -€135,589 | -41.9% |
| Amounts receivable within one year | 40/41 | €10,565 | €45,663 | +€35,098 | +332% |
| Trade receivables | 40 | €9,204 | €16,644 | +€7,440 | +80.8% |
| Other amounts receivable | 41 | €1,361 | €29,019 | +€27,658 | +2,032% |
| Current investments | 50/53 | €50,375 | €50,375 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €258,313 | €89,691 | -€168,622 | -65.3% |
| Deferred charges and accrued income | 490/1 | €4,101 | €2,036 | -€2,065 | -50.4% |
| Total equity and liabilities | 10/49 | €349,868 | €228,054 | -€121,814 | -34.8% |
| Equity | 10/15 | €329,828 | €228,054 | -€101,774 | -30.9% |
| Contributions | 10/11 | €57,400 | €57,400 | = | 0.0% |
| Reserves | 13 | €272,428 | €170,654 | -€101,774 | -37.4% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €272,428 | €170,654 | -€101,774 | -37.4% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €20,040 | €0 | -€20,040 | -100% |
| Amounts payable within one year | 42/48 | €20,040 | €0 | -€20,040 | -100% |
| Trade debts | 44 | €14,578 | €0 | -€14,578 | -100% |
| Suppliers | 440/4 | €14,578 | €0 | -€14,578 | -100% |
| Taxes, remuneration and social security | 45 | €1,936 | €0 | -€1,936 | -100% |
| Taxes | 450/3 | €1,936 | €0 | -€1,936 | -100% |
| Other amounts payable | 47/48 | €3,526 | €0 | -€3,526 | -100% |
| Non-recurring operating income | 76A | €5,785 | €0 | -€5,785 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,346 | €8,889 | +€543 | +6.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €14,972 | €1,054 | -€13,918 | -93.0% |
| Gross operating margin | 9900 | €55,709 | -€12,176 | -€67,885 | |
| Operating profit (loss) | 9901 | €32,391 | -€22,119 | -€54,510 | |
| Financial income | 75/76B | €254 | €2,297 | +€2,044 | +806% |
| Recurring financial income | 75 | €254 | €2,297 | +€2,044 | +806% |
| Financial charges | 65/66B | €322 | €379 | +€57 | +17.5% |
| Recurring financial charges | 65 | €322 | €379 | +€57 | +17.5% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | €32,323 | -€20,201 | -€52,523 | |
| Income taxes | 67/77 | €9,336 | €273 | -€9,062 | -97.1% |
| Profit (loss) for the period | 9904 | €22,987 | -€20,474 | -€43,461 | |
| Profit (loss) for the period to be appropriated | 9905 | €22,987 | -€20,474 | -€43,461 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.