SUREFLOW EUROPE: 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.
SUREFLOW EUROPE
Largest movements
- Cash -€36,401
down €36,401 (-83.0%), from €43,845 to €7,443
mainly Other debts (-€111,312) and Investment in fixed assets (net) (-€42,894)
- Tangible fixed assets -€17,091
down €17,091 (-8.4%), from €202,663 to €185,572
of which Furniture and vehicles: -€13,297
- Other debts -€111,312
down €111,312 (-59.4%), from €187,367 to €76,055
- Profit (loss) carried forward +€76,616
up €76,616 (+225%), from €34,033 to €110,649
- Trade debts -€33,118
down €33,118 (-87.3%), from €37,923 to €4,805
- Tax, wage and social debts +€14,589
up €14,589 (+43.6%), from €33,466 to €48,056
of which Taxes: +€7,734
- Gross operating margin +€232,684
up €232,684 (+110%), from €211,982 to €444,667
- Staff costs +€138,154
up €138,154 (+99.6%), from €138,694 to €276,847
- Depreciation +€32,869
up €32,869 (+121%), from €27,116 to €59,985
- Taxes +€19,445
up €19,445 (+162%), from €11,995 to €31,440
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 | €392,790 | €339,565 | -€53,225 | -13.6% |
| Fixed assets | 21/28 | €203,139 | €186,048 | -€17,091 | -8.4% |
| Tangible fixed assets | 22/27 | €202,663 | €185,572 | -€17,091 | -8.4% |
| Plant, machinery and equipment | 23 | €87,134 | €79,109 | -€8,024 | -9.2% |
| Furniture and vehicles | 24 | €115,530 | €102,232 | -€13,297 | -11.5% |
| Other tangible fixed assets | 26 | - | €4,231 | +€4,231 | |
| Financial fixed assets | 28 | €476 | €476 | = | 0.0% |
| Current assets | 29/58 | €189,651 | €153,516 | -€36,134 | -19.1% |
| Amounts receivable within one year | 40/41 | €142,596 | €141,971 | -€625 | -0.4% |
| Trade receivables | 40 | €3,344 | €61,873 | +€58,529 | +1,751% |
| Other amounts receivable | 41 | €139,253 | €80,099 | -€59,154 | -42.5% |
| Cash at bank and in hand | 54/58 | €43,845 | €7,443 | -€36,401 | -83.0% |
| Deferred charges and accrued income | 490/1 | €3,210 | €4,102 | +€892 | +27.8% |
| Total equity and liabilities | 10/49 | €392,790 | €339,565 | -€53,225 | -13.6% |
| Equity | 10/15 | €134,033 | €210,649 | +€76,616 | +57.2% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €34,033 | €110,649 | +€76,616 | +225% |
| Amounts payable | 17/49 | €258,757 | €128,916 | -€129,841 | -50.2% |
| Amounts payable within one year | 42/48 | €258,757 | €128,916 | -€129,841 | -50.2% |
| Trade debts | 44 | €37,923 | €4,805 | -€33,118 | -87.3% |
| Suppliers | 440/4 | €37,923 | €4,805 | -€33,118 | -87.3% |
| Taxes, remuneration and social security | 45 | €33,466 | €48,056 | +€14,589 | +43.6% |
| Taxes | 450/3 | €11,995 | €19,729 | +€7,734 | +64.5% |
| Remuneration and social security | 454/9 | €21,472 | €28,327 | +€6,855 | +31.9% |
| Other amounts payable | 47/48 | €187,367 | €76,055 | -€111,312 | -59.4% |
| Remuneration, social security and pensions | 62 | €138,694 | €276,847 | +€138,154 | +99.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,116 | €59,985 | +€32,869 | +121% |
| Other operating charges | 640/8 | €387 | €1,169 | +€781 | +202% |
| Gross operating margin | 9900 | €211,982 | €444,667 | +€232,684 | +110% |
| Operating profit (loss) | 9901 | €45,785 | €106,665 | +€60,880 | +133% |
| Financial income | 75/76B | €448 | €222 | -€226 | -50.5% |
| Recurring financial income | 75 | €448 | €222 | -€226 | -50.5% |
| Financial charges | 65/66B | €206 | €66 | -€140 | -67.9% |
| Recurring financial charges | 65 | €206 | €66 | -€140 | -67.9% |
| Profit (loss) for the period before taxes | 9903 | €46,028 | €106,821 | +€60,794 | +132% |
| Income taxes | 67/77 | €11,995 | €31,440 | +€19,445 | +162% |
| Profit (loss) for the period | 9904 | €34,033 | €75,382 | +€41,349 | +121% |
| Profit (loss) for the period to be appropriated | 9905 | €34,033 | €75,382 | +€41,349 | +121% |
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 27 October 2026 via checked.be.