SURGA: 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.
SURGA
Largest movements
- Tangible fixed assets +€13,209
up €13,209 (+206.5%), from €6,397 to €19,607
of which Furniture and vehicles: +€13,895
- Receivables within one year +€4,797
up €4,797 (+69.6%), from €6,889 to €11,686
of which Trade receivables: +€4,849
- Stocks and contracts +€1,260
up €1,260 (+24.2%), from €5,210 to €6,470
- Other debts +€22,100
up €22,100, from €0 to €22,100
- Debts after one year -€11,946
down €11,946 (-88.5%), from €13,500 to €1,554
- Accrued charges and deferred income +€7,447
new in 2025: €7,447
- Current portion of long-term debt +€5,707
up €5,707 (+431.1%), from €1,324 to €7,031
- Trade debts -€2,918
down €2,918 (-69.1%), from €4,224 to €1,306
- Gross operating margin -€9,389
down €9,389 (-28.0%), from €33,524 to €24,135
- Taxes +€8,405
up €8,405 (+1362.1%), from €617 to €9,023
- Other operating charges +€3,311
up €3,311 (+331.0%), from €1,000 to €4,312
- Financial charges +€830
up €830 (+334.4%), from €248 to €1,078
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 | €25,044 | €44,029 | +€18,985 | +75.8% |
| Fixed assets | 21/28 | €10,667 | €23,877 | +€13,209 | +123.8% |
| Tangible fixed assets | 22/27 | €6,397 | €19,607 | +€13,209 | +206.5% |
| Plant, machinery and equipment | 23 | €3,027 | €2,342 | -€686 | -22.6% |
| Furniture and vehicles | 24 | €3,370 | €17,265 | +€13,895 | +412.3% |
| Financial fixed assets | 28 | €4,270 | €4,270 | = | 0.0% |
| Current assets | 29/58 | €14,377 | €20,152 | +€5,775 | +40.2% |
| Stocks and contracts in progress | 3 | €5,210 | €6,470 | +€1,260 | +24.2% |
| Stocks | 30/36 | €5,210 | €6,470 | +€1,260 | +24.2% |
| Amounts receivable within one year | 40/41 | €6,889 | €11,686 | +€4,797 | +69.6% |
| Trade receivables | 40 | €1,743 | €6,592 | +€4,849 | +278.2% |
| Other amounts receivable | 41 | €5,146 | €5,094 | -€52 | -1.0% |
| Cash at bank and in hand | 54/58 | €2,278 | €1,996 | -€282 | -12.4% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €25,044 | €44,029 | +€18,985 | +75.8% |
| Equity | 10/15 | -€1,875 | -€2,655 | -€779 | -41.6% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€16,875 | -€17,655 | -€779 | -4.6% |
| Amounts payable | 17/49 | €26,919 | €46,683 | +€19,764 | +73.4% |
| Amounts payable after more than one year | 17 | €13,500 | €1,554 | -€11,946 | -88.5% |
| Financial debts | 170/4 | €13,500 | €1,554 | -€11,946 | -88.5% |
| Amounts payable within one year | 42/48 | €13,419 | €37,682 | +€24,263 | +180.8% |
| Current portion of amounts payable after more than one year | 42 | €1,324 | €7,031 | +€5,707 | +431.1% |
| Trade debts | 44 | €4,224 | €1,306 | -€2,918 | -69.1% |
| Suppliers | 440/4 | €4,224 | €1,306 | -€2,918 | -69.1% |
| Advances received on contracts in progress | 46 | €254 | €254 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €7,618 | €6,992 | -€626 | -8.2% |
| Taxes | 450/3 | €3,909 | €3,284 | -€626 | -16.0% |
| Remuneration and social security | 454/9 | €3,708 | €3,708 | = | 0.0% |
| Other amounts payable | 47/48 | €0 | €22,100 | +€22,100 | |
| Accrued charges and deferred income | 492/3 | - | €7,447 | +€7,447 | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,578 | €10,776 | +€197 | +1.9% |
| Other operating charges | 640/8 | €1,000 | €4,312 | +€3,311 | +331.0% |
| Gross operating margin | 9900 | €33,524 | €24,135 | -€9,389 | -28.0% |
| Operating profit (loss) | 9901 | €21,946 | €9,048 | -€12,898 | -58.8% |
| Financial income | 75/76B | €574 | €273 | -€300 | -52.3% |
| Recurring financial income | 75 | €401 | €97 | -€304 | -75.7% |
| Non-recurring financial income | 76B | €172 | €176 | +€3 | +2.0% |
| Financial charges | 65/66B | €248 | €1,078 | +€830 | +334.4% |
| Recurring financial charges | 65 | €248 | €1,078 | +€830 | +334.4% |
| Profit (loss) for the period before taxes | 9903 | €22,271 | €8,243 | -€14,028 | -63.0% |
| Income taxes | 67/77 | €617 | €9,023 | +€8,405 | +1362.1% |
| Profit (loss) for the period | 9904 | €21,654 | -€779 | -€22,433 | |
| Profit (loss) for the period to be appropriated | 9905 | €21,654 | -€779 | -€22,433 |
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 28 September 2026 via checked.be.