Surgent: 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.
Surgent
Largest movements
- Cash +€39,697
up €39,697 (+39.7%), from €99,982 to €139,679
mainly Net result for the year (+€152,361) and Depreciation (+€8,716)
- Current investments +€39,300
up €39,300 (+5.5%), from €713,974 to €753,274
- Receivables within one year +€21,088
up €21,088 (+35.1%), from €60,000 to €81,088
- Reserves +€152,361
up €152,361 (+26.7%), from €570,163 to €722,523
- Debts after one year -€43,000
down €43,000 (-53.5%), from €80,300 to €37,300
- Tax, wage and social debts -€12,875
down €12,875 (-35.8%), from €35,940 to €23,065
of which Taxes: -€12,875
- Depreciation -€58,311
down €58,311 (-87.0%), from €67,027 to €8,716
- Gross operating margin +€29,979
up €29,979 (+15.8%), from €189,664 to €219,642
- Taxes +€28,042
up €28,042 (+77.4%), from €36,220 to €64,262
- Financial income +€2,461
up €2,461 (+61.7%), from €3,988 to €6,449
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 | €910,339 | €1,002,536 | +€92,197 | +10.1% |
| Fixed assets | 21/28 | €35,726 | €27,010 | -€8,716 | -24.4% |
| Tangible fixed assets | 22/27 | €35,726 | €27,010 | -€8,716 | -24.4% |
| Furniture and vehicles | 24 | €35,726 | €27,010 | -€8,716 | -24.4% |
| Current assets | 29/58 | €874,612 | €975,526 | +€100,914 | +11.5% |
| Amounts receivable within one year | 40/41 | €60,000 | €81,088 | +€21,088 | +35.1% |
| Trade receivables | 40 | €60,000 | €81,088 | +€21,088 | +35.1% |
| Current investments | 50/53 | €713,974 | €753,274 | +€39,300 | +5.5% |
| Cash at bank and in hand | 54/58 | €99,982 | €139,679 | +€39,697 | +39.7% |
| Deferred charges and accrued income | 490/1 | €656 | €1,484 | +€829 | +126% |
| Total equity and liabilities | 10/49 | €910,339 | €1,002,536 | +€92,197 | +10.1% |
| Equity | 10/15 | €764,363 | €916,723 | +€152,361 | +19.9% |
| Contributions | 10/11 | €194,200 | €194,200 | = | 0.0% |
| Reserves | 13 | €570,163 | €722,523 | +€152,361 | +26.7% |
| Distributable reserves | 133 | €570,163 | €722,523 | +€152,361 | +26.7% |
| Amounts payable | 17/49 | €145,976 | €85,812 | -€60,163 | -41.2% |
| Amounts payable after more than one year | 17 | €80,300 | €37,300 | -€43,000 | -53.5% |
| Other amounts payable | 178/9 | €80,300 | €37,300 | -€43,000 | -53.5% |
| Amounts payable within one year | 42/48 | €65,676 | €48,512 | -€17,163 | -26.1% |
| Trade debts | 44 | €1,238 | €1,423 | +€185 | +15.0% |
| Suppliers | 440/4 | €1,238 | €1,423 | +€185 | +15.0% |
| Taxes, remuneration and social security | 45 | €35,940 | €23,065 | -€12,875 | -35.8% |
| Taxes | 450/3 | €33,854 | €20,979 | -€12,875 | -38.0% |
| Remuneration and social security | 454/9 | €2,086 | €2,086 | = | 0.0% |
| Other amounts payable | 47/48 | €28,498 | €24,025 | -€4,473 | -15.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €67,027 | €8,716 | -€58,311 | -87.0% |
| Other operating charges | 640/8 | €2,141 | €683 | -€1,459 | -68.1% |
| Gross operating margin | 9900 | €189,664 | €219,642 | +€29,979 | +15.8% |
| Operating profit (loss) | 9901 | €120,495 | €210,243 | +€89,748 | +74.5% |
| Financial income | 75/76B | €3,988 | €6,449 | +€2,461 | +61.7% |
| Recurring financial income | 75 | €3,988 | €6,449 | +€2,461 | +61.7% |
| Financial charges | 65/66B | €55 | €70 | +€15 | +26.9% |
| Recurring financial charges | 65 | €55 | €70 | +€15 | +26.9% |
| Profit (loss) for the period before taxes | 9903 | €124,428 | €216,623 | +€92,195 | +74.1% |
| Income taxes | 67/77 | €36,220 | €64,262 | +€28,042 | +77.4% |
| Profit (loss) for the period | 9904 | €88,208 | €152,361 | +€64,153 | +72.7% |
| Profit (loss) for the period to be appropriated | 9905 | €88,208 | €152,361 | +€64,153 | +72.7% |
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 15 October 2026 via checked.be.