SUREDA: 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.
SUREDA
Largest movements
- Cash +€11,364
up €11,364 (+18.9%), from €59,991 to €71,355
mainly Net result for the year (+€21,600) and Depreciation (+€627)
- Receivables within one year +€9,892
up €9,892 (+45.5%), from €21,744 to €31,636
of which Trade receivables: +€5,207
- Profit (loss) carried forward +€21,600
up €21,600, from -€3,982 to €17,618
- Turnover +€5,089
up €5,089 (+22.8%), from €22,321 to €27,409
- Gross operating margin +€4,492
up €4,492 (+26.2%), from €17,146 to €21,638
- Purchases and services +€596
up €596 (+11.5%), from €5,175 to €5,771
- Depreciation +€380
up €380 (+153%), from €248 to €627
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 | €82,119 | €103,887 | +€21,768 | +26.5% |
| Fixed assets | 21/28 | €248 | €759 | +€512 | +207% |
| Tangible fixed assets | 22/27 | €248 | €759 | +€512 | +207% |
| Furniture and vehicles | 24 | €248 | €759 | +€512 | +207% |
| Current assets | 29/58 | €81,871 | €103,127 | +€21,256 | +26.0% |
| Amounts receivable after more than one year | 29 | €136 | €136 | = | 0.0% |
| Other amounts receivable | 291 | €136 | €136 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €21,744 | €31,636 | +€9,892 | +45.5% |
| Trade receivables | 40 | €21,108 | €26,315 | +€5,207 | +24.7% |
| Other amounts receivable | 41 | €636 | €5,321 | +€4,685 | +736% |
| Cash at bank and in hand | 54/58 | €59,991 | €71,355 | +€11,364 | +18.9% |
| Total equity and liabilities | 10/49 | €82,119 | €103,887 | +€21,768 | +26.5% |
| Equity | 10/15 | €82,107 | €103,706 | +€21,600 | +26.3% |
| Contributions | 10/11 | €24,789 | €24,789 | = | 0.0% |
| Capital | 10 | €24,789 | €24,789 | = | 0.0% |
| Issued capital | 100 | €24,789 | €24,789 | = | 0.0% |
| Reserves | 13 | €61,299 | €61,299 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,479 | €2,479 | = | 0.0% |
| Legal reserve | 130 | €2,479 | €2,479 | = | 0.0% |
| Tax-exempt reserves | 132 | €14,199 | €14,199 | = | 0.0% |
| Distributable reserves | 133 | €44,621 | €44,621 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,982 | €17,618 | +€21,600 | |
| Amounts payable | 17/49 | €12 | €180 | +€168 | +1,380% |
| Amounts payable within one year | 42/48 | €12 | €180 | +€168 | +1,380% |
| Financial debts | 43 | €0 | €0 | = | 0.0% |
| Credit institutions | 430/8 | €0 | €0 | = | 0.0% |
| Trade debts | 44 | €12 | €180 | +€168 | +1,388% |
| Suppliers | 440/4 | €12 | €180 | +€168 | +1,388% |
| Turnover | 70 | €22,321 | €27,409 | +€5,089 | +22.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €5,175 | €5,771 | +€596 | +11.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €248 | €627 | +€380 | +153% |
| Other operating charges | 640/8 | €118 | €120 | +€2 | +1.7% |
| Gross operating margin | 9900 | €17,146 | €21,638 | +€4,492 | +26.2% |
| Operating profit (loss) | 9901 | €16,780 | €20,891 | +€4,111 | +24.5% |
| Financial income | 75/76B | €702 | €852 | +€150 | +21.3% |
| Recurring financial income | 75 | €702 | €852 | +€150 | +21.3% |
| Financial charges | 65/66B | €96 | €143 | +€47 | +48.8% |
| Recurring financial charges | 65 | €96 | €143 | +€47 | +48.8% |
| Profit (loss) for the period before taxes | 9903 | €17,386 | €21,600 | +€4,214 | +24.2% |
| Profit (loss) for the period | 9904 | €17,386 | €21,600 | +€4,214 | +24.2% |
| Profit (loss) for the period to be appropriated | 9905 | €17,386 | €21,600 | +€4,214 | +24.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.