SEGREY Software: 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.
SEGREY Software
Largest movements
- Receivables within one year +€336,561
up €336,561 (+262.0%), from €128,434 to €464,995
of which Trade receivables: +€344,770
- Stocks and contracts -€233,447
down €233,447 (-93.4%), from €249,877 to €16,430
- Tangible fixed assets -€36,648
down €36,648 (-15.5%), from €236,580 to €199,932
of which Land and buildings: -€20,970
- Intangible fixed assets -€20,318
down €20,318 (-16.7%), from €121,908 to €101,590
- Cash -€12,760
down €12,760 (-34.1%), from €37,456 to €24,696
mainly Receivables within one year (-€336,561) and Debts after one year (-€57,178)
- Tax, wage and social debts +€64,819
up €64,819 (+19761.9%), from €328 to €65,147
- Debts after one year -€57,178
down €57,178 (-32.0%), from €178,472 to €121,294
- Trade debts +€26,257
up €26,257 (+22.4%), from €117,062 to €143,319
- Current portion of long-term debt -€14,918
down €14,918 (-20.7%), from €72,097 to €57,179
- Reserves +€14,185
up €14,185 (+5.4%), from €263,058 to €277,243
- Gross operating margin -€26,260
down €26,260 (-8.0%), from €328,187 to €301,927
- Staff costs -€24,849
down €24,849 (-11.5%), from €215,666 to €190,817
- Financial charges -€3,734
down €3,734 (-25.5%), from €14,669 to €10,935
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 | €774,255 | €807,644 | +€33,389 | +4.3% |
| Fixed assets | 21/28 | €358,488 | €301,522 | -€56,966 | -15.9% |
| Intangible fixed assets | 21 | €121,908 | €101,590 | -€20,318 | -16.7% |
| Tangible fixed assets | 22/27 | €236,580 | €199,932 | -€36,648 | -15.5% |
| Land and buildings | 22 | €214,097 | €193,127 | -€20,970 | -9.8% |
| Plant, machinery and equipment | 23 | €3,286 | €1,936 | -€1,350 | -41.1% |
| Furniture and vehicles | 24 | €19,197 | €4,869 | -€14,328 | -74.6% |
| Current assets | 29/58 | €415,767 | €506,122 | +€90,355 | +21.7% |
| Stocks and contracts in progress | 3 | €249,877 | €16,430 | -€233,447 | -93.4% |
| Contracts in progress | 37 | €249,877 | €16,430 | -€233,447 | -93.4% |
| Amounts receivable within one year | 40/41 | €128,434 | €464,995 | +€336,561 | +262.0% |
| Trade receivables | 40 | €119,971 | €464,741 | +€344,770 | +287.4% |
| Other amounts receivable | 41 | €8,463 | €254 | -€8,209 | -97.0% |
| Cash at bank and in hand | 54/58 | €37,456 | €24,696 | -€12,760 | -34.1% |
| Total equity and liabilities | 10/49 | €774,255 | €807,644 | +€33,389 | +4.3% |
| Equity | 10/15 | €269,258 | €283,443 | +€14,185 | +5.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €263,058 | €277,243 | +€14,185 | +5.4% |
| Distributable reserves | 133 | €263,058 | €277,243 | +€14,185 | +5.4% |
| Amounts payable | 17/49 | €504,997 | €524,201 | +€19,204 | +3.8% |
| Amounts payable after more than one year | 17 | €178,472 | €121,294 | -€57,178 | -32.0% |
| Financial debts | 170/4 | €178,472 | €121,294 | -€57,178 | -32.0% |
| Amounts payable within one year | 42/48 | €326,525 | €394,859 | +€68,334 | +20.9% |
| Current portion of amounts payable after more than one year | 42 | €72,097 | €57,179 | -€14,918 | -20.7% |
| Financial debts | 43 | €100,000 | €90,000 | -€10,000 | -10.0% |
| Credit institutions | 430/8 | €100,000 | €90,000 | -€10,000 | -10.0% |
| Trade debts | 44 | €117,062 | €143,319 | +€26,257 | +22.4% |
| Suppliers | 440/4 | €117,062 | €143,319 | +€26,257 | +22.4% |
| Taxes, remuneration and social security | 45 | €328 | €65,147 | +€64,819 | +19761.9% |
| Taxes | 450/3 | €328 | €65,147 | +€64,819 | +19761.9% |
| Other amounts payable | 47/48 | €37,038 | €39,214 | +€2,176 | +5.9% |
| Accrued charges and deferred income | 492/3 | - | €8,048 | +€8,048 | |
| Remuneration, social security and pensions | 62 | €215,666 | €190,817 | -€24,849 | -11.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €85,678 | €84,966 | -€712 | -0.8% |
| Other operating charges | 640/8 | €1,075 | €1,703 | +€628 | +58.4% |
| Gross operating margin | 9900 | €328,187 | €301,927 | -€26,260 | -8.0% |
| Operating profit (loss) | 9901 | €25,768 | €24,442 | -€1,326 | -5.1% |
| Financial income | 75/76B | €316 | €1,015 | +€699 | +221.3% |
| Recurring financial income | 75 | €316 | €1,015 | +€699 | +221.3% |
| Financial charges | 65/66B | €14,669 | €10,935 | -€3,734 | -25.5% |
| Recurring financial charges | 65 | €14,669 | €10,935 | -€3,734 | -25.5% |
| Profit (loss) for the period before taxes | 9903 | €11,415 | €14,522 | +€3,107 | +27.2% |
| Income taxes | 67/77 | €328 | €337 | +€9 | +2.6% |
| Profit (loss) for the period | 9904 | €11,087 | €14,185 | +€3,098 | +27.9% |
| Profit (loss) for the period to be appropriated | 9905 | €11,087 | €14,185 | +€3,098 | +27.9% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.