Surginamics: 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.
Surginamics
Largest movements
- Tangible fixed assets -€67,648
down €67,648 (-72.9%), from €92,820 to €25,172
of which Other tangible fixed assets: -€65,879
- Cash +€55,087
up €55,087 (+85.6%), from €64,385 to €119,472
mainly Investment in fixed assets (net) (+€64,837) and Debts after one year (+€52,046)
- Current investments -€37,938
down €37,938 (-49.5%), from €76,696 to €38,758
- Receivables within one year +€31,838
up €31,838 (+621.6%), from €5,122 to €36,960
of which Trade receivables: +€18,328
- Reserves -€109,434
down €109,434 (-54.7%), from €200,218 to €90,784
- Debts after one year +€52,046
up €52,046, from €0 to €52,046
- Tax, wage and social debts +€27,866
up €27,866 (+250.2%), from €11,136 to €39,003
of which Taxes: +€27,866
- Current portion of long-term debt +€12,946
up €12,946 (+760.2%), from €1,703 to €14,649
- Other debts -€5,274
down €5,274 (-29.1%), from €18,093 to €12,819
- Gross operating margin -€17,471
down €17,471 (-56.9%), from €30,732 to €13,260
- Financial income +€12,755
up €12,755 (+623.7%), from €2,045 to €14,800
of which Financial income: +€12,755
- Depreciation -€12,506
down €12,506 (-81.7%), from €15,317 to €2,810
- Taxes -€3,172
down €3,172 (-47.9%), from €6,625 to €3,453
- Financial charges +€1,294
up €1,294 (+50.6%), from €2,555 to €3,849
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 | €239,359 | €220,427 | -€18,933 | -7.9% |
| Fixed assets | 21/28 | €92,820 | €25,172 | -€67,648 | -72.9% |
| Tangible fixed assets | 22/27 | €92,820 | €25,172 | -€67,648 | -72.9% |
| Furniture and vehicles | 24 | €3,797 | €2,029 | -€1,769 | -46.6% |
| Other tangible fixed assets | 26 | €89,022 | €23,143 | -€65,879 | -74.0% |
| Current assets | 29/58 | €146,540 | €195,255 | +€48,715 | +33.2% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €5,122 | €36,960 | +€31,838 | +621.6% |
| Trade receivables | 40 | €2,242 | €20,570 | +€18,328 | +817.6% |
| Other amounts receivable | 41 | €2,880 | €16,390 | +€13,510 | +469.0% |
| Current investments | 50/53 | €76,696 | €38,758 | -€37,938 | -49.5% |
| Cash at bank and in hand | 54/58 | €64,385 | €119,472 | +€55,087 | +85.6% |
| Deferred charges and accrued income | 490/1 | €336 | €64 | -€272 | -81.1% |
| Total equity and liabilities | 10/49 | €239,359 | €220,427 | -€18,933 | -7.9% |
| Equity | 10/15 | €200,968 | €91,534 | -€109,434 | -54.5% |
| Contributions | 10/11 | €750 | €750 | = | 0.0% |
| Reserves | 13 | €200,218 | €90,784 | -€109,434 | -54.7% |
| Distributable reserves | 133 | €200,218 | €90,784 | -€109,434 | -54.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €38,391 | €128,893 | +€90,501 | +235.7% |
| Amounts payable after more than one year | 17 | €0 | €52,046 | +€52,046 | |
| Financial debts | 170/4 | €0 | €52,046 | +€52,046 | |
| Amounts payable within one year | 42/48 | €38,391 | €75,479 | +€37,087 | +96.6% |
| Current portion of amounts payable after more than one year | 42 | €1,703 | €14,649 | +€12,946 | +760.2% |
| Trade debts | 44 | €7,459 | €9,008 | +€1,549 | +20.8% |
| Suppliers | 440/4 | €7,459 | €9,008 | +€1,549 | +20.8% |
| Taxes, remuneration and social security | 45 | €11,136 | €39,003 | +€27,866 | +250.2% |
| Taxes | 450/3 | €11,136 | €39,003 | +€27,866 | +250.2% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €18,093 | €12,819 | -€5,274 | -29.1% |
| Accrued charges and deferred income | 492/3 | - | €1,367 | +€1,367 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,317 | €2,810 | -€12,506 | -81.7% |
| Other operating charges | 640/8 | €2,083 | €2,133 | +€50 | +2.4% |
| Non-recurring operating charges | 66A | - | €7,022 | +€7,022 | |
| Gross operating margin | 9900 | €30,732 | €13,260 | -€17,471 | -56.9% |
| Operating profit (loss) | 9901 | €13,332 | €1,294 | -€12,037 | -90.3% |
| Financial income | 75/76B | €2,045 | €14,800 | +€12,755 | +623.7% |
| Recurring financial income | 75 | €2,045 | €14,800 | +€12,755 | +623.7% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €2,555 | €3,849 | +€1,294 | +50.6% |
| Recurring financial charges | 65 | €2,555 | €3,849 | +€1,294 | +50.6% |
| Profit (loss) for the period before taxes | 9903 | €12,822 | €12,246 | -€576 | -4.5% |
| Income taxes | 67/77 | €6,625 | €3,453 | -€3,172 | -47.9% |
| Profit (loss) for the period | 9904 | €6,197 | €8,793 | +€2,596 | +41.9% |
| Profit (loss) for the period to be appropriated | 9905 | €6,197 | €8,793 | +€2,596 | +41.9% |
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 7 October 2026 via checked.be.