SEGRIDE: 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.
SEGRIDE
Largest movements
- Tangible fixed assets -€13,333
down €13,333 (-58.6%), from €22,758 to €9,425
- Receivables within one year +€10,091
up €10,091 (+93.3%), from €10,813 to €20,904
of which Trade receivables: +€7,165
- Debts after one year -€11,324
down €11,324 (-52.7%), from €21,472 to €10,149
- Profit (loss) carried forward +€6,180
up €6,180 (+49.0%), from -€12,606 to -€6,427
- Trade debts -€4,909
down €4,909 (-75.3%), from €6,523 to €1,614
of which Bills of exchange payable: -€3,050
- Tax, wage and social debts +€3,747
up €3,747 (+431.7%), from €868 to €4,615
- Advances received +€1,570
new in 2023: €1,570
- Gross operating margin +€18,678
up €18,678 (+921.8%), from €2,026 to €20,704
- Other operating charges -€1,226
no longer reported in 2023 (was €1,226)
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €35,034 | €31,711 | -€3,323 | -9.5% |
| Formation expenses | 20 | €534 | €372 | -€162 | -30.3% |
| Fixed assets | 21/28 | €22,758 | €9,425 | -€13,333 | -58.6% |
| Tangible fixed assets | 22/27 | €22,758 | €9,425 | -€13,333 | -58.6% |
| Plant, machinery and equipment | 23 | €22,758 | €9,425 | -€13,333 | -58.6% |
| Current assets | 29/58 | €11,742 | €21,914 | +€10,172 | +86.6% |
| Amounts receivable within one year | 40/41 | €10,813 | €20,904 | +€10,091 | +93.3% |
| Trade receivables | 40 | €8,885 | €16,051 | +€7,165 | +80.6% |
| Other amounts receivable | 41 | €1,928 | €4,854 | +€2,926 | +151.7% |
| Cash at bank and in hand | 54/58 | €929 | €1,010 | +€81 | +8.7% |
| Total equity and liabilities | 10/49 | €35,034 | €31,711 | -€3,323 | -9.5% |
| Equity | 10/15 | -€7,606 | -€1,427 | +€6,180 | +81.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,606 | -€6,427 | +€6,180 | +49.0% |
| Amounts payable | 17/49 | €42,640 | €33,138 | -€9,502 | -22.3% |
| Amounts payable after more than one year | 17 | €21,472 | €10,149 | -€11,324 | -52.7% |
| Financial debts | 170/4 | €21,472 | €10,149 | -€11,324 | -52.7% |
| Amounts payable within one year | 42/48 | €21,168 | €22,989 | +€1,821 | +8.6% |
| Current portion of amounts payable after more than one year | 42 | €13,399 | €13,809 | +€410 | +3.1% |
| Trade debts | 44 | €6,523 | €1,614 | -€4,909 | -75.3% |
| Suppliers | 440/4 | €3,473 | €1,614 | -€1,859 | -53.5% |
| Bills of exchange payable | 441 | €3,050 | - | -€3,050 | |
| Advances received on contracts in progress | 46 | - | €1,570 | +€1,570 | |
| Taxes, remuneration and social security | 45 | €868 | €4,615 | +€3,747 | +431.7% |
| Taxes | 450/3 | €868 | €4,615 | +€3,747 | +431.7% |
| Other amounts payable | 47/48 | €378 | €1,381 | +€1,003 | +265.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,495 | €13,495 | = | 0.0% |
| Other operating charges | 640/8 | €1,226 | - | -€1,226 | |
| Gross operating margin | 9900 | €2,026 | €20,704 | +€18,678 | +921.8% |
| Operating profit (loss) | 9901 | -€12,695 | €7,209 | +€19,904 | |
| Financial income | 75/76B | €2 | - | -€2 | |
| Recurring financial income | 75 | €2 | - | -€2 | |
| Financial charges | 65/66B | €1,006 | €1,030 | +€24 | +2.4% |
| Recurring financial charges | 65 | €1,006 | €1,030 | +€24 | +2.4% |
| Profit (loss) for the period before taxes | 9903 | -€13,698 | €6,180 | +€19,877 | |
| Profit (loss) for the period | 9904 | -€13,698 | €6,180 | +€19,877 | |
| Profit (loss) for the period to be appropriated | 9905 | -€13,698 | €6,180 | +€19,877 |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.