AS SURGERY: 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.
AS SURGERY
Largest movements
- Cash +€108,927
up €108,927 (+404.3%), from €26,939 to €135,867
mainly Net result for the year (+€90,656) and Receivables within one year (+€40,359)
- Receivables within one year -€40,359
down €40,359 (-97.7%), from €41,322 to €964
of which Trade receivables: -€39,990
- Tangible fixed assets +€22,088
up €22,088 (+134.2%), from €16,457 to €38,545
- Profit (loss) carried forward +€90,656
up €90,656 (+108.4%), from €83,619 to €174,275
- Gross operating margin +€39,170
up €39,170 (+42.0%), from €93,210 to €132,380
- Taxes +€17,434
new in 2025: €17,434
- Depreciation +€15,097
up €15,097 (+186.2%), from €8,106 to €23,202
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 | €84,719 | €175,375 | +€90,656 | +107.0% |
| Fixed assets | 21/28 | €16,457 | €38,545 | +€22,088 | +134.2% |
| Tangible fixed assets | 22/27 | €16,457 | €38,545 | +€22,088 | +134.2% |
| Furniture and vehicles | 24 | €16,457 | €38,545 | +€22,088 | +134.2% |
| Current assets | 29/58 | €68,261 | €136,830 | +€68,569 | +100.5% |
| Amounts receivable within one year | 40/41 | €41,322 | €964 | -€40,359 | -97.7% |
| Trade receivables | 40 | €39,990 | - | -€39,990 | |
| Other amounts receivable | 41 | €1,332 | €964 | -€369 | -27.7% |
| Cash at bank and in hand | 54/58 | €26,939 | €135,867 | +€108,927 | +404.3% |
| Total equity and liabilities | 10/49 | €84,719 | €175,375 | +€90,656 | +107.0% |
| Equity | 10/15 | €84,719 | €175,375 | +€90,656 | +107.0% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €100 | €100 | = | 0.0% |
| Non-distributable reserves | 130/1 | €100 | €100 | = | 0.0% |
| Reserves not available under the articles | 1311 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €83,619 | €174,275 | +€90,656 | +108.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,106 | €23,202 | +€15,097 | +186.2% |
| Other operating charges | 640/8 | €1,031 | €1,665 | +€633 | +61.4% |
| Gross operating margin | 9900 | €93,210 | €132,380 | +€39,170 | +42.0% |
| Operating profit (loss) | 9901 | €84,073 | €107,513 | +€23,440 | +27.9% |
| Financial income | 75/76B | - | €795 | +€795 | |
| Recurring financial income | 75 | - | €795 | +€795 | |
| Financial charges | 65/66B | €354 | €218 | -€136 | -38.5% |
| Recurring financial charges | 65 | €354 | €218 | -€136 | -38.5% |
| Profit (loss) for the period before taxes | 9903 | €83,719 | €108,090 | +€24,371 | +29.1% |
| Income taxes | 67/77 | - | €17,434 | +€17,434 | |
| Profit (loss) for the period | 9904 | €83,719 | €90,656 | +€6,938 | +8.3% |
| Profit (loss) for the period to be appropriated | 9905 | €83,719 | €90,656 | +€6,938 | +8.3% |
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 8 October 2026 via checked.be.