SEGRE & DHOME: 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.
SEGRE & DHOME
Largest movements
- Tangible fixed assets +€276,284
up €276,284 (+119%), from €232,972 to €509,256
of which Other tangible fixed assets: +€331,605
- Receivables within one year -€27,055
down €27,055 (-99.1%), from €27,301 to €246
of which Trade receivables: -€25,848
- Cash +€15,094
up €15,094 (+193%), from €7,828 to €22,923
mainly Debts after one year (+€286,750) and Receivables within one year (+€27,055)
- Debts after one year +€286,750
up €286,750 (+163%), from €175,840 to €462,590
- Profit (loss) carried forward -€28,163
down €28,163 (-40.9%), from -€68,931 to -€97,094
- Trade debts -€19,973
down €19,973 (-87.0%), from €22,961 to €2,988
- Other debts +€14,939
up €14,939 (+10.8%), from €138,676 to €153,615
- Tax, wage and social debts +€8,574
new in 2025: €8,574
- Gross operating margin +€59,991
up €59,991, from -€9,162 to €50,829
- Other operating charges -€18,154
down €18,154 (-95.3%), from €19,058 to €904
- Depreciation +€6,691
up €6,691 (+57.1%), from €11,719 to €18,410
- Financial charges +€847
up €847 (+372%), from €228 to €1,074
- Financial income +€796
new in 2025: €796
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 | €278,546 | €540,672 | +€262,126 | +94.1% |
| Formation expenses | 20 | €557 | - | -€557 | |
| Fixed assets | 21/28 | €234,072 | €509,597 | +€275,526 | +118% |
| Intangible fixed assets | 21 | €955 | €341 | -€614 | -64.3% |
| Tangible fixed assets | 22/27 | €232,972 | €509,256 | +€276,284 | +119% |
| Land and buildings | 22 | €144,344 | €137,099 | -€7,245 | -5.0% |
| Plant, machinery and equipment | 23 | €59,959 | €183 | -€59,775 | -99.7% |
| Furniture and vehicles | 24 | €28,669 | €40,369 | +€11,700 | +40.8% |
| Other tangible fixed assets | 26 | - | €331,605 | +€331,605 | |
| Financial fixed assets | 28 | €144 | - | -€144 | |
| Current assets | 29/58 | €43,918 | €31,075 | -€12,843 | -29.2% |
| Stocks and contracts in progress | 3 | €6,764 | €6,764 | = | 0.0% |
| Stocks | 30/36 | €6,764 | €6,764 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €27,301 | €246 | -€27,055 | -99.1% |
| Trade receivables | 40 | €25,848 | - | -€25,848 | |
| Other amounts receivable | 41 | €1,453 | €246 | -€1,207 | -83.1% |
| Cash at bank and in hand | 54/58 | €7,828 | €22,923 | +€15,094 | +193% |
| Deferred charges and accrued income | 490/1 | €2,024 | €1,142 | -€882 | -43.6% |
| Total equity and liabilities | 10/49 | €278,546 | €540,672 | +€262,126 | +94.1% |
| Equity | 10/15 | -€58,931 | -€87,094 | -€28,163 | -47.8% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€68,931 | -€97,094 | -€28,163 | -40.9% |
| Amounts payable | 17/49 | €337,477 | €627,766 | +€290,289 | +86.0% |
| Amounts payable after more than one year | 17 | €175,840 | €462,590 | +€286,750 | +163% |
| Financial debts | 170/4 | €175,840 | €462,590 | +€286,750 | +163% |
| Amounts payable within one year | 42/48 | €161,637 | €165,176 | +€3,539 | +2.2% |
| Trade debts | 44 | €22,961 | €2,988 | -€19,973 | -87.0% |
| Suppliers | 440/4 | €22,961 | €2,988 | -€19,973 | -87.0% |
| Taxes, remuneration and social security | 45 | - | €8,574 | +€8,574 | |
| Taxes | 450/3 | - | €8,574 | +€8,574 | |
| Other amounts payable | 47/48 | €138,676 | €153,615 | +€14,939 | +10.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,719 | €18,410 | +€6,691 | +57.1% |
| Other operating charges | 640/8 | €19,058 | €904 | -€18,154 | -95.3% |
| Non-recurring operating charges | 66A | - | €59,400 | +€59,400 | |
| Gross operating margin | 9900 | -€9,162 | €50,829 | +€59,991 | |
| Operating profit (loss) | 9901 | -€39,940 | -€27,885 | +€12,055 | +30.2% |
| Financial income | 75/76B | - | €796 | +€796 | |
| Recurring financial income | 75 | - | €796 | +€796 | |
| Financial charges | 65/66B | €228 | €1,074 | +€847 | +372% |
| Recurring financial charges | 65 | €228 | €1,074 | +€847 | +372% |
| Profit (loss) for the period before taxes | 9903 | -€40,167 | -€28,163 | +€12,004 | +29.9% |
| Profit (loss) for the period | 9904 | -€40,167 | -€28,163 | +€12,004 | +29.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€40,167 | -€28,163 | +€12,004 | +29.9% |
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 16 October 2026 via checked.be.