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.
Segers-Liesenborghs Architecten
Largest movements
- Cash +€32,500
up €32,500 (+57.1%), from €56,929 to €89,429
mainly Other debts (+€28,003) and Receivables within one year (+€27,466)
- Receivables within one year -€27,466
down €27,466 (-33.9%), from €81,005 to €53,539
of which Trade receivables: -€36,607
- Other debts +€28,003
up €28,003 (+550.6%), from €5,086 to €33,088
- Reserves -€27,741
down €27,741 (-33.4%), from €83,042 to €55,302
- Trade debts +€4,752
up €4,752 (+22.6%), from €21,048 to €25,801
- Gross operating margin -€7,590
down €7,590 (-33.0%), from €22,985 to €15,395
- Taxes -€2,053
down €2,053 (-24.2%), from €8,480 to €6,427
- Depreciation -€671
down €671 (-38.2%), from €1,757 to €1,086
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 | €148,788 | €153,568 | +€4,780 | +3.2% |
| Fixed assets | 21/28 | €1,745 | €659 | -€1,086 | -62.2% |
| Tangible fixed assets | 22/27 | €1,745 | €659 | -€1,086 | -62.2% |
| Furniture and vehicles | 24 | €1,745 | €659 | -€1,086 | -62.2% |
| Current assets | 29/58 | €147,043 | €152,909 | +€5,867 | +4.0% |
| Amounts receivable within one year | 40/41 | €81,005 | €53,539 | -€27,466 | -33.9% |
| Trade receivables | 40 | €58,434 | €21,826 | -€36,607 | -62.6% |
| Other amounts receivable | 41 | €22,572 | €31,713 | +€9,141 | +40.5% |
| Cash at bank and in hand | 54/58 | €56,929 | €89,429 | +€32,500 | +57.1% |
| Deferred charges and accrued income | 490/1 | €9,109 | €9,942 | +€832 | +9.1% |
| Total equity and liabilities | 10/49 | €148,788 | €153,568 | +€4,780 | +3.2% |
| Equity | 10/15 | €101,642 | €73,902 | -€27,741 | -27.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €83,042 | €55,302 | -€27,741 | -33.4% |
| Distributable reserves | 133 | €83,042 | €55,302 | -€27,741 | -33.4% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €47,145 | €79,666 | +€32,521 | +69.0% |
| Amounts payable within one year | 42/48 | €47,134 | €79,666 | +€32,532 | +69.0% |
| Current portion of amounts payable after more than one year | 42 | €18,000 | €18,000 | = | 0.0% |
| Trade debts | 44 | €21,048 | €25,801 | +€4,752 | +22.6% |
| Suppliers | 440/4 | €21,048 | €25,801 | +€4,752 | +22.6% |
| Taxes, remuneration and social security | 45 | €3,001 | €2,777 | -€223 | -7.4% |
| Taxes | 450/3 | €3,001 | €2,777 | -€223 | -7.4% |
| Other amounts payable | 47/48 | €5,086 | €33,088 | +€28,003 | +550.6% |
| Accrued charges and deferred income | 492/3 | €11 | €0 | -€11 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,757 | €1,086 | -€671 | -38.2% |
| Other operating charges | 640/8 | €674 | €587 | -€88 | -13.0% |
| Gross operating margin | 9900 | €22,985 | €15,395 | -€7,590 | -33.0% |
| Operating profit (loss) | 9901 | €20,554 | €13,722 | -€6,832 | -33.2% |
| Financial income | 75/76B | - | €20 | +€20 | |
| Recurring financial income | 75 | - | €20 | +€20 | |
| Financial charges | 65/66B | €406 | €345 | -€61 | -15.0% |
| Recurring financial charges | 65 | €406 | €345 | -€61 | -15.0% |
| Profit (loss) for the period before taxes | 9903 | €20,147 | €13,397 | -€6,751 | -33.5% |
| Income taxes | 67/77 | €8,480 | €6,427 | -€2,053 | -24.2% |
| Profit (loss) for the period | 9904 | €11,667 | €6,970 | -€4,697 | -40.3% |
| Profit (loss) for the period to be appropriated | 9905 | €11,667 | €6,970 | -€4,697 | -40.3% |
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 26 September 2026 via checked.be.