GRONDWERKEN SURINX: 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.
GRONDWERKEN SURINX
Largest movements
- Receivables within one year -€51,909
down €51,909 (-36.3%), from €143,059 to €91,150
of which Trade receivables: -€40,250
- Tangible fixed assets +€22,960
up €22,960 (+12.1%), from €190,014 to €212,974
of which Leasing and similar rights: +€46,519
- Trade debts -€88,808
down €88,808 (-77.4%), from €114,717 to €25,910
- Reserves +€37,624
up €37,624 (+52.9%), from €71,169 to €108,792
of which Distributable reserves: +€38,280
- Current portion of long-term debt +€9,697
up €9,697 (+24.5%), from €39,500 to €49,197
- Advances received +€8,114
up €8,114 (+9,741%), from €83 to €8,197
- Tax, wage and social debts +€4,979
up €4,979 (+183%), from €2,720 to €7,700
of which Taxes: +€4,130
- Gross operating margin +€65,308
up €65,308 (+55.8%), from €117,075 to €182,383
- Taxes +€16,430
up €16,430 (+6,128%), from €268 to €16,698
- Staff costs +€8,166
up €8,166 (+13.4%), from €61,134 to €69,300
- Depreciation +€4,369
up €4,369 (+11.2%), from €38,859 to €43,228
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.
Derived cash bridge
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 | €431,759 | €402,855 | -€28,904 | -6.7% |
| Fixed assets | 21/28 | €191,064 | €214,024 | +€22,960 | +12.0% |
| Tangible fixed assets | 22/27 | €190,014 | €212,974 | +€22,960 | +12.1% |
| Plant, machinery and equipment | 23 | €16,937 | €16,992 | +€55 | +0.3% |
| Furniture and vehicles | 24 | €173,077 | €149,463 | -€23,614 | -13.6% |
| Leasing and similar rights | 25 | - | €46,519 | +€46,519 | |
| Financial fixed assets | 28 | €1,050 | €1,050 | = | 0.0% |
| Current assets | 29/58 | €240,695 | €188,831 | -€51,864 | -21.5% |
| Amounts receivable after more than one year | 29 | €31,130 | €31,939 | +€809 | +2.6% |
| Other amounts receivable | 291 | €31,130 | €31,939 | +€809 | +2.6% |
| Amounts receivable within one year | 40/41 | €143,059 | €91,150 | -€51,909 | -36.3% |
| Trade receivables | 40 | €122,013 | €81,763 | -€40,250 | -33.0% |
| Other amounts receivable | 41 | €21,046 | €9,387 | -€11,659 | -55.4% |
| Cash at bank and in hand | 54/58 | €59,743 | €61,589 | +€1,845 | +3.1% |
| Deferred charges and accrued income | 490/1 | €6,763 | €4,153 | -€2,610 | -38.6% |
| Total equity and liabilities | 10/49 | €431,759 | €402,855 | -€28,904 | -6.7% |
| Equity | 10/15 | €89,769 | €127,392 | +€37,624 | +41.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €71,169 | €108,792 | +€37,624 | +52.9% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €3,301 | €2,645 | -€656 | -19.9% |
| Distributable reserves | 133 | €67,868 | €106,148 | +€38,280 | +56.4% |
| Provisions and deferred taxes | 16 | €1,100 | €882 | -€219 | -19.9% |
| Deferred taxes | 168 | €1,100 | €882 | -€219 | -19.9% |
| Amounts payable | 17/49 | €340,889 | €274,581 | -€66,309 | -19.5% |
| Amounts payable after more than one year | 17 | €118,238 | €115,432 | -€2,806 | -2.4% |
| Financial debts | 170/4 | €118,238 | €115,432 | -€2,806 | -2.4% |
| Amounts payable within one year | 42/48 | €222,003 | €158,352 | -€63,650 | -28.7% |
| Current portion of amounts payable after more than one year | 42 | €39,500 | €49,197 | +€9,697 | +24.5% |
| Financial debts | 43 | €63,382 | €67,349 | +€3,967 | +6.3% |
| Credit institutions | 430/8 | €63,382 | €67,349 | +€3,967 | +6.3% |
| Trade debts | 44 | €114,717 | €25,910 | -€88,808 | -77.4% |
| Suppliers | 440/4 | €114,717 | €25,910 | -€88,808 | -77.4% |
| Advances received on contracts in progress | 46 | €83 | €8,197 | +€8,114 | +9,741% |
| Taxes, remuneration and social security | 45 | €2,720 | €7,700 | +€4,979 | +183% |
| Taxes | 450/3 | €977 | €5,107 | +€4,130 | +423% |
| Remuneration and social security | 454/9 | €1,743 | €2,592 | +€849 | +48.7% |
| Other amounts payable | 47/48 | €1,600 | €0 | -€1,600 | -100% |
| Accrued charges and deferred income | 492/3 | €648 | €796 | +€148 | +22.9% |
| Remuneration, social security and pensions | 62 | €61,134 | €69,300 | +€8,166 | +13.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,859 | €43,228 | +€4,369 | +11.2% |
| Other operating charges | 640/8 | €4,135 | €3,780 | -€355 | -8.6% |
| Gross operating margin | 9900 | €117,075 | €182,383 | +€65,308 | +55.8% |
| Operating profit (loss) | 9901 | €12,947 | €66,074 | +€53,127 | +410% |
| Financial income | 75/76B | €828 | €812 | -€16 | -2.0% |
| Recurring financial income | 75 | €828 | €812 | -€16 | -2.0% |
| Financial charges | 65/66B | €13,287 | €12,784 | -€503 | -3.8% |
| Recurring financial charges | 65 | €13,287 | €12,784 | -€503 | -3.8% |
| Profit (loss) for the period before taxes | 9903 | €488 | €54,103 | +€53,615 | +10,986% |
| Transfer from deferred taxes | 780 | €219 | €219 | = | 0.0% |
| Income taxes | 67/77 | €268 | €16,698 | +€16,430 | +6,128% |
| Profit (loss) for the period | 9904 | €439 | €37,624 | +€37,185 | +8,477% |
| Transfer from tax-exempt reserves | 789 | €656 | €656 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €1,095 | €38,280 | +€37,185 | +3,396% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.