SURGEX: 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.
SURGEX
Largest movements
- Cash +€49,150
up €49,150 (+141.1%), from €34,825 to €83,975
mainly Net result for the year (+€58,536) and Tax, wage and social debts (+€17,869)
- Tangible fixed assets -€8,399
down €8,399 (-87.2%), from €9,631 to €1,232
of which Furniture and vehicles: -€7,711
- Receivables within one year +€8,260
up €8,260 (+35.1%), from €23,566 to €31,826
of which Other amounts receivable: +€6,114
- Reserves +€56,000
up €56,000 (+472.2%), from €11,860 to €67,860
of which Distributable reserves: +€56,000
- Other debts -€27,980
down €27,980 (-100.0%), from €27,980 to €0
- Tax, wage and social debts +€17,869
up €17,869 (+112.4%), from €15,897 to €33,766
of which Taxes: +€19,344
- Profit (loss) carried forward +€2,536
up €2,536, from -€2,229 to €307
- Gross operating margin +€46,992
up €46,992 (+88.5%), from €53,085 to €100,077
- Taxes +€19,893
up €19,893 (+196.3%), from €10,133 to €30,026
- Depreciation -€11,070
down €11,070 (-56.9%), from €19,469 to €8,399
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 | €72,776 | €121,981 | +€49,205 | +67.6% |
| Fixed assets | 21/28 | €9,631 | €1,232 | -€8,399 | -87.2% |
| Tangible fixed assets | 22/27 | €9,631 | €1,232 | -€8,399 | -87.2% |
| Plant, machinery and equipment | 23 | €908 | €220 | -€689 | -75.8% |
| Furniture and vehicles | 24 | €8,723 | €1,013 | -€7,711 | -88.4% |
| Current assets | 29/58 | €63,145 | €120,749 | +€57,605 | +91.2% |
| Amounts receivable within one year | 40/41 | €23,566 | €31,826 | +€8,260 | +35.1% |
| Trade receivables | 40 | €0 | €2,146 | +€2,146 | |
| Other amounts receivable | 41 | €23,566 | €29,680 | +€6,114 | +25.9% |
| Cash at bank and in hand | 54/58 | €34,825 | €83,975 | +€49,150 | +141.1% |
| Deferred charges and accrued income | 490/1 | €4,754 | €4,949 | +€195 | +4.1% |
| Total equity and liabilities | 10/49 | €72,776 | €121,981 | +€49,205 | +67.6% |
| Equity | 10/15 | €28,231 | €86,767 | +€58,536 | +207.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €11,860 | €67,860 | +€56,000 | +472.2% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €10,000 | €66,000 | +€56,000 | +560.0% |
| Profit (loss) carried forward | 14 | -€2,229 | €307 | +€2,536 | |
| Amounts payable | 17/49 | €44,544 | €35,214 | -€9,331 | -20.9% |
| Amounts payable within one year | 42/48 | €44,544 | €35,152 | -€9,392 | -21.1% |
| Trade debts | 44 | €668 | €1,386 | +€718 | +107.6% |
| Suppliers | 440/4 | €668 | €1,386 | +€718 | +107.6% |
| Taxes, remuneration and social security | 45 | €15,897 | €33,766 | +€17,869 | +112.4% |
| Taxes | 450/3 | €14,422 | €33,766 | +€19,344 | +134.1% |
| Remuneration and social security | 454/9 | €1,475 | €0 | -€1,475 | -100.0% |
| Other amounts payable | 47/48 | €27,980 | €0 | -€27,980 | -100.0% |
| Accrued charges and deferred income | 492/3 | - | €62 | +€62 | |
| Remuneration, social security and pensions | 62 | €450 | €416 | -€34 | -7.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,469 | €8,399 | -€11,070 | -56.9% |
| Other operating charges | 640/8 | €2,233 | €2,363 | +€130 | +5.8% |
| Gross operating margin | 9900 | €53,085 | €100,077 | +€46,992 | +88.5% |
| Operating profit (loss) | 9901 | €30,933 | €88,899 | +€57,965 | +187.4% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €158 | €337 | +€179 | +113.3% |
| Recurring financial charges | 65 | €158 | €337 | +€179 | +113.3% |
| Profit (loss) for the period before taxes | 9903 | €30,776 | €88,562 | +€57,786 | +187.8% |
| Income taxes | 67/77 | €10,133 | €30,026 | +€19,893 | +196.3% |
| Profit (loss) for the period | 9904 | €20,643 | €58,536 | +€37,893 | +183.6% |
| Profit (loss) for the period to be appropriated | 9905 | €20,643 | €58,536 | +€37,893 | +183.6% |
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 10 October 2026 via checked.be.