SUREPLUS: 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.
What changed
SUREPLUS
NACE 66.220, Insurance agents and brokers
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€136,356
2024 · €100,574+€35,782
Equity
€2.7m
2024 · €2.5m+€136,356
Cash
€21,502
2024 · €23,036-€1,534
Balance sheet total
€6.0m
2024 · €5.9m+€91,015
Largest movements
Assets
- Tangible fixed assets +€138,032
up €138,032 (+3.2%), from €4.2m to €4.4m
of which Land and buildings: +€190,612
- Intangible fixed assets -€70,647
down €70,647 (-9.9%), from €715,551 to €644,903
Equity and liabilities
- Reserves +€136,356
up €136,356 (+20.3%), from €670,110 to €806,466
of which Distributable reserves: +€139,859
- Debts after one year -€132,455
down €132,455 (-5.0%), from €2.7m to €2.5m
Income statement
- Gross operating margin +€74,824
up €74,824 (+10.6%), from €708,062 to €782,886
- Other operating charges -€50,969
down €50,969 (-47.1%), from €108,142 to €57,173
- Financial charges +€44,550
up €44,550 (+80.3%), from €55,504 to €100,054
- Taxes +€29,743
up €29,743 (+63.1%), from €47,100 to €76,843
- Staff costs +€18,116
up €18,116 (+14.6%), from €124,501 to €142,617
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.
Result 2024
€100,574
Gross operating margin
+€74,824
Staff costs
-€18,116
Depreciation
-€7,425
Other operating charges
+€50,969
Other operating items
-€2,738
Financial income
-€112
Financial charges
-€44,550
Taxes
-€29,743
Deferred taxes and other
+€12,673
Result 2025
€136,356
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€437,350
Investment
-€333,718
Financing
-€105,166
Cash 2024
€23,036
From operations (derived)
+€437,350
Net result for the year
+€136,356
Depreciation
+€266,333
Receivables within one year
-€14,524
Deferred charges and accrued income
-€10,640
Provisions
-€1,168
Trade debts
+€7,990
Tax, wage and social debts
+€58,444
Other debts
-€4,821
Accrued charges and deferred income
-€620
Investment (derived)
-€333,718
Investment in fixed assets (net)
-€333,718
Financing
-€105,166
Debts after one year
-€132,455
Current portion of long-term debt
+€27,289
Cash 2025
€21,502
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,863,239 | €5,954,255 | +€91,015 | +1.6% |
| Fixed assets | 21/28 | €5,076,789 | €5,144,174 | +€67,385 | +1.3% |
| Intangible fixed assets | 21 | €715,551 | €644,903 | -€70,647 | -9.9% |
| Tangible fixed assets | 22/27 | €4,249,239 | €4,387,271 | +€138,032 | +3.2% |
| Land and buildings | 22 | €4,120,888 | €4,311,500 | +€190,612 | +4.6% |
| Plant, machinery and equipment | 23 | €13,884 | €12,969 | -€916 | -6.6% |
| Furniture and vehicles | 24 | €40,469 | €26,903 | -€13,566 | -33.5% |
| Leasing and similar rights | 25 | €37,777 | €1,876 | -€35,901 | -95.0% |
| Other tangible fixed assets | 26 | €36,220 | €34,024 | -€2,197 | -6.1% |
| Financial fixed assets | 28 | €112,000 | €112,000 | = | 0.0% |
| Current assets | 29/58 | €786,450 | €810,080 | +€23,630 | +3.0% |
| Amounts receivable after more than one year | 29 | €134,000 | €134,000 | = | 0.0% |
| Trade receivables | 290 | €134,000 | €134,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €608,610 | €623,135 | +€14,524 | +2.4% |
| Other amounts receivable | 41 | €608,610 | €623,135 | +€14,524 | +2.4% |
| Cash at bank and in hand | 54/58 | €23,036 | €21,502 | -€1,534 | -6.7% |
| Deferred charges and accrued income | 490/1 | €20,804 | €31,444 | +€10,640 | +51.1% |
| Total equity and liabilities | 10/49 | €5,863,239 | €5,954,255 | +€91,015 | +1.6% |
| Equity | 10/15 | €2,525,855 | €2,662,211 | +€136,356 | +5.4% |
| Contributions | 10/11 | €856,874 | €856,874 | = | 0.0% |
| Reserves | 13 | €670,110 | €806,466 | +€136,356 | +20.3% |
| Tax-exempt reserves | 132 | €87,638 | €84,135 | -€3,503 | -4.0% |
| Distributable reserves | 133 | €582,472 | €722,331 | +€139,859 | +24.0% |
| Profit (loss) carried forward | 14 | €998,871 | €998,871 | = | 0.0% |
| Provisions and deferred taxes | 16 | €40,144 | €38,976 | -€1,168 | -2.9% |
| Deferred taxes | 168 | €40,144 | €38,976 | -€1,168 | -2.9% |
| Amounts payable | 17/49 | €3,297,241 | €3,253,067 | -€44,173 | -1.3% |
| Amounts payable after more than one year | 17 | €2,653,563 | €2,521,108 | -€132,455 | -5.0% |
| Financial debts | 170/4 | €2,653,563 | €2,521,108 | -€132,455 | -5.0% |
| Amounts payable within one year | 42/48 | €643,058 | €731,959 | +€88,901 | +13.8% |
| Current portion of amounts payable after more than one year | 42 | €296,688 | €323,976 | +€27,289 | +9.2% |
| Trade debts | 44 | €6,622 | €14,612 | +€7,990 | +121% |
| Suppliers | 440/4 | €6,622 | €14,612 | +€7,990 | +121% |
| Taxes, remuneration and social security | 45 | €76,419 | €134,863 | +€58,444 | +76.5% |
| Taxes | 450/3 | €61,437 | €118,279 | +€56,842 | +92.5% |
| Remuneration and social security | 454/9 | €14,982 | €16,584 | +€1,602 | +10.7% |
| Other amounts payable | 47/48 | €263,329 | €258,508 | -€4,821 | -1.8% |
| Accrued charges and deferred income | 492/3 | €620 | - | -€620 | |
| Non-recurring operating income | 76A | €62,132 | €12,848 | -€49,284 | -79.3% |
| Remuneration, social security and pensions | 62 | €124,501 | €142,617 | +€18,116 | +14.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €258,908 | €266,333 | +€7,425 | +2.9% |
| Other operating charges | 640/8 | €108,142 | €57,173 | -€50,969 | -47.1% |
| Non-recurring operating charges | 66A | €1,944 | €4,682 | +€2,738 | +141% |
| Gross operating margin | 9900 | €708,062 | €782,886 | +€74,824 | +10.6% |
| Operating profit (loss) | 9901 | €214,567 | €312,081 | +€97,514 | +45.4% |
| Financial income | 75/76B | €116 | €4 | -€112 | -96.4% |
| Recurring financial income | 75 | €116 | €4 | -€112 | -96.4% |
| Financial charges | 65/66B | €55,504 | €100,054 | +€44,550 | +80.3% |
| Recurring financial charges | 65 | €55,504 | €100,054 | +€44,550 | +80.3% |
| Profit (loss) for the period before taxes | 9903 | €159,180 | €212,031 | +€52,852 | +33.2% |
| Transfer from deferred taxes | 780 | €1,086 | €1,168 | +€82 | +7.5% |
| Transfer to deferred taxes | 680 | €12,591 | - | -€12,591 | |
| Income taxes | 67/77 | €47,100 | €76,843 | +€29,743 | +63.1% |
| Profit (loss) for the period | 9904 | €100,574 | €136,356 | +€35,782 | +35.6% |
| Transfer from tax-exempt reserves | 789 | €3,259 | €3,503 | +€245 | +7.5% |
| Transfer to tax-exempt reserves | 689 | €37,774 | - | -€37,774 | |
| Profit (loss) for the period to be appropriated | 9905 | €66,058 | €139,859 | +€73,801 | +112% |
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 31 October 2026 via checked.be.