Segments.ai: 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.
Segments.ai
Largest movements
- Cash +€669,975
up €669,975 (+54.4%), from €1.2m to €1.9m
mainly Net result for the year (+€908,779) and Depreciation (+€335,939)
- Intangible fixed assets +€344,448
up €344,448 (+64.8%), from €531,805 to €876,253
- Deferred charges and accrued income -€234,524
down €234,524 (-88.3%), from €265,714 to €31,190
- Profit (loss) carried forward +€908,779
up €908,779 (+147%), from €616,699 to €1.5m
- Accrued charges and deferred income -€191,674
down €191,674 (-21.0%), from €911,386 to €719,712
- Trade debts +€163,469
up €163,469 (+122%), from €134,274 to €297,743
- Tax, wage and social debts -€70,631
down €70,631 (-96.9%), from €72,894 to €2,262
of which Taxes: -€64,881
- Gross operating margin +€525,970
up €525,970 (+65.1%), from €807,757 to €1.3m
- Depreciation +€191,258
up €191,258 (+132%), from €144,681 to €335,939
- Taxes -€30,429
down €30,429 (-53.5%), from €56,884 to €26,455
- Financial charges +€28,143
up €28,143 (+112%), from €25,059 to €53,202
- Financial income +€21,048
up €21,048 (+52.8%), from €39,894 to €60,942
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 | €2,650,516 | €3,460,460 | +€809,943 | +30.6% |
| Fixed assets | 21/28 | €535,951 | €879,022 | +€343,071 | +64.0% |
| Intangible fixed assets | 21 | €531,805 | €876,253 | +€344,448 | +64.8% |
| Tangible fixed assets | 22/27 | €4,146 | €2,769 | -€1,377 | -33.2% |
| Plant, machinery and equipment | 23 | €203 | €0 | -€203 | -100% |
| Furniture and vehicles | 24 | €3,943 | €2,769 | -€1,174 | -29.8% |
| Current assets | 29/58 | €2,114,565 | €2,581,437 | +€466,872 | +22.1% |
| Amounts receivable within one year | 40/41 | €616,631 | €648,053 | +€31,422 | +5.1% |
| Trade receivables | 40 | €129,417 | €341,904 | +€212,487 | +164% |
| Other amounts receivable | 41 | €487,214 | €306,148 | -€181,065 | -37.2% |
| Cash at bank and in hand | 54/58 | €1,232,221 | €1,902,195 | +€669,975 | +54.4% |
| Deferred charges and accrued income | 490/1 | €265,714 | €31,190 | -€234,524 | -88.3% |
| Total equity and liabilities | 10/49 | €2,650,516 | €3,460,460 | +€809,943 | +30.6% |
| Equity | 10/15 | €1,531,962 | €2,440,742 | +€908,779 | +59.3% |
| Contributions | 10/11 | €915,264 | €915,264 | = | 0.0% |
| Profit (loss) carried forward | 14 | €616,699 | €1,525,478 | +€908,779 | +147% |
| Amounts payable | 17/49 | €1,118,554 | €1,019,718 | -€98,836 | -8.8% |
| Amounts payable within one year | 42/48 | €207,168 | €300,006 | +€92,838 | +44.8% |
| Trade debts | 44 | €134,274 | €297,743 | +€163,469 | +122% |
| Suppliers | 440/4 | €134,274 | €297,743 | +€163,469 | +122% |
| Taxes, remuneration and social security | 45 | €72,894 | €2,262 | -€70,631 | -96.9% |
| Taxes | 450/3 | €65,363 | €483 | -€64,881 | -99.3% |
| Remuneration and social security | 454/9 | €7,530 | €1,780 | -€5,751 | -76.4% |
| Accrued charges and deferred income | 492/3 | €911,386 | €719,712 | -€191,674 | -21.0% |
| Remuneration, social security and pensions | 62 | €83,149 | €68,063 | -€15,086 | -18.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €144,681 | €335,939 | +€191,258 | +132% |
| Other operating charges | 640/8 | €387 | €1,484 | +€1,097 | +283% |
| Non-recurring operating charges | 66A | - | €747 | +€747 | |
| Gross operating margin | 9900 | €807,757 | €1,333,727 | +€525,970 | +65.1% |
| Operating profit (loss) | 9901 | €579,540 | €927,494 | +€347,954 | +60.0% |
| Financial income | 75/76B | €39,894 | €60,942 | +€21,048 | +52.8% |
| Recurring financial income | 75 | €39,894 | €60,942 | +€21,048 | +52.8% |
| Financial charges | 65/66B | €25,059 | €53,202 | +€28,143 | +112% |
| Recurring financial charges | 65 | €25,059 | €53,202 | +€28,143 | +112% |
| Profit (loss) for the period before taxes | 9903 | €594,375 | €935,234 | +€340,859 | +57.3% |
| Income taxes | 67/77 | €56,884 | €26,455 | -€30,429 | -53.5% |
| Profit (loss) for the period | 9904 | €537,491 | €908,779 | +€371,288 | +69.1% |
| Profit (loss) for the period to be appropriated | 9905 | €537,491 | €908,779 | +€371,288 | +69.1% |
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 22 October 2026 via checked.be.