SEGURAX: 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.
SEGURAX
Largest movements
- Receivables within one year +€238,814
up €238,814 (+48.8%), from €489,230 to €728,044
- Reserves +€637,091
up €637,091 (+105739.5%), from €603 to €637,694
- Other debts -€401,476
down €401,476 (-14.8%), from €2.7m to €2.3m
- Financial income +€131,792
up €131,792 (+39.7%), from €332,022 to €463,814
- Financial charges +€30,740
up €30,740 (+50.2%), from €61,204 to €91,944
- Gross operating margin -€133
down €133 (-9.8%), from -€1,355 to -€1,489
- Other operating charges +€120
up €120 (+10.2%), from €1,171 to €1,290
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 | €2,724,726 | €2,960,301 | +€235,575 | +8.6% |
| Fixed assets | 21/28 | €2,231,992 | €2,231,992 | = | 0.0% |
| Financial fixed assets | 28 | €2,231,992 | €2,231,992 | = | 0.0% |
| Current assets | 29/58 | €492,734 | €728,309 | +€235,575 | +47.8% |
| Amounts receivable within one year | 40/41 | €489,230 | €728,044 | +€238,814 | +48.8% |
| Other amounts receivable | 41 | €489,230 | €728,044 | +€238,814 | +48.8% |
| Cash at bank and in hand | 54/58 | €3,504 | €265 | -€3,239 | -92.4% |
| Total equity and liabilities | 10/49 | €2,724,726 | €2,960,301 | +€235,575 | +8.6% |
| Equity | 10/15 | €13,034 | €650,125 | +€637,091 | +4888.1% |
| Contributions | 10/11 | €12,431 | €12,431 | = | 0.0% |
| Reserves | 13 | €603 | €637,694 | +€637,091 | +105739.5% |
| Distributable reserves | 133 | €603 | €637,694 | +€637,091 | +105739.5% |
| Amounts payable | 17/49 | €2,711,693 | €2,310,176 | -€401,516 | -14.8% |
| Amounts payable within one year | 42/48 | €2,711,693 | €2,310,176 | -€401,516 | -14.8% |
| Trade debts | 44 | €1,407 | €1,366 | -€41 | -2.9% |
| Suppliers | 440/4 | €1,407 | €1,366 | -€41 | -2.9% |
| Other amounts payable | 47/48 | €2,710,286 | €2,308,810 | -€401,476 | -14.8% |
| Other operating charges | 640/8 | €1,171 | €1,290 | +€120 | +10.2% |
| Gross operating margin | 9900 | -€1,355 | -€1,489 | -€133 | -9.8% |
| Operating profit (loss) | 9901 | -€2,526 | -€2,779 | -€253 | -10.0% |
| Financial income | 75/76B | €332,022 | €463,814 | +€131,792 | +39.7% |
| Recurring financial income | 75 | €332,022 | €463,814 | +€131,792 | +39.7% |
| Financial charges | 65/66B | €61,204 | €91,944 | +€30,740 | +50.2% |
| Recurring financial charges | 65 | €61,204 | €91,944 | +€30,740 | +50.2% |
| Profit (loss) for the period before taxes | 9903 | €268,292 | €369,091 | +€100,799 | +37.6% |
| Profit (loss) for the period | 9904 | €268,292 | €369,091 | +€100,799 | +37.6% |
| Profit (loss) for the period to be appropriated | 9905 | €268,292 | €369,091 | +€100,799 | +37.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.