SÛR+: 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.
SÛR+
Largest movements
- Cash +€58,100
up €58,100 (+71.5%), from €81,210 to €139,310
mainly Other debts (+€255,754) and Net result for the year (+€105,792)
- Current investments -€24,846
down €24,846 (-19.7%), from €126,000 to €101,154
- Other debts +€255,754
up €255,754 (+268.9%), from €95,118 to €350,872
- Reserves -€231,404
down €231,404 (-39.9%), from €579,756 to €348,352
- Financial charges +€6,449
up €6,449 (+584.4%), from €1,104 to €7,553
- Depreciation +€4,769
up €4,769 (+28.8%), from €16,544 to €21,313
- Gross operating margin +€3,462
up €3,462 (+2.0%), from €169,394 to €172,856
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 | €736,092 | €755,226 | +€19,135 | +2.6% |
| Fixed assets | 21/28 | €51,971 | €46,002 | -€5,970 | -11.5% |
| Tangible fixed assets | 22/27 | €51,971 | €46,002 | -€5,970 | -11.5% |
| Plant, machinery and equipment | 23 | €1,937 | €3,168 | +€1,232 | +63.6% |
| Furniture and vehicles | 24 | €50,035 | €42,833 | -€7,201 | -14.4% |
| Current assets | 29/58 | €684,121 | €709,225 | +€25,104 | +3.7% |
| Amounts receivable after more than one year | 29 | €433,957 | €431,241 | -€2,716 | -0.6% |
| Other amounts receivable | 291 | €433,957 | €431,241 | -€2,716 | -0.6% |
| Amounts receivable within one year | 40/41 | €42,397 | €35,266 | -€7,131 | -16.8% |
| Trade receivables | 40 | €41,786 | €35,266 | -€6,520 | -15.6% |
| Other amounts receivable | 41 | €611 | €0 | -€611 | -100.0% |
| Current investments | 50/53 | €126,000 | €101,154 | -€24,846 | -19.7% |
| Cash at bank and in hand | 54/58 | €81,210 | €139,310 | +€58,100 | +71.5% |
| Deferred charges and accrued income | 490/1 | €557 | €2,253 | +€1,697 | +304.9% |
| Total equity and liabilities | 10/49 | €736,092 | €755,226 | +€19,135 | +2.6% |
| Equity | 10/15 | €586,156 | €354,752 | -€231,404 | -39.5% |
| Contributions | 10/11 | €6,400 | €6,400 | = | 0.0% |
| Reserves | 13 | €579,756 | €348,352 | -€231,404 | -39.9% |
| Distributable reserves | 133 | €579,756 | €348,352 | -€231,404 | -39.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €149,936 | €400,474 | +€250,539 | +167.1% |
| Amounts payable within one year | 42/48 | €149,936 | €400,474 | +€250,539 | +167.1% |
| Financial debts | 43 | €77 | €612 | +€535 | +695.3% |
| Credit institutions | 430/8 | €77 | €612 | +€535 | +695.3% |
| Trade debts | 44 | €3,357 | €158 | -€3,200 | -95.3% |
| Suppliers | 440/4 | €3,357 | €158 | -€3,200 | -95.3% |
| Taxes, remuneration and social security | 45 | €51,383 | €48,832 | -€2,551 | -5.0% |
| Taxes | 450/3 | €51,383 | €48,832 | -€2,551 | -5.0% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €95,118 | €350,872 | +€255,754 | +268.9% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,544 | €21,313 | +€4,769 | +28.8% |
| Other operating charges | 640/8 | €513 | €528 | +€14 | +2.8% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €169,394 | €172,856 | +€3,462 | +2.0% |
| Operating profit (loss) | 9901 | €152,336 | €151,015 | -€1,321 | -0.9% |
| Financial income | 75/76B | €11,935 | €12,413 | +€478 | +4.0% |
| Recurring financial income | 75 | €11,935 | €12,413 | +€478 | +4.0% |
| Financial charges | 65/66B | €1,104 | €7,553 | +€6,449 | +584.4% |
| Recurring financial charges | 65 | €1,104 | €7,553 | +€6,449 | +584.4% |
| Profit (loss) for the period before taxes | 9903 | €163,168 | €155,875 | -€7,292 | -4.5% |
| Income taxes | 67/77 | €50,273 | €50,084 | -€189 | -0.4% |
| Profit (loss) for the period | 9904 | €112,895 | €105,792 | -€7,104 | -6.3% |
| Profit (loss) for the period to be appropriated | 9905 | €112,895 | €105,792 | -€7,104 | -6.3% |
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 4 October 2026 via checked.be.