SURGIVET: 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.
SURGIVET
Largest movements
- Cash +€40,779
up €40,779 (+56.3%), from €72,458 to €113,237
mainly Other debts (+€33,708) and Net result for the year (+€32,926)
- Receivables within one year -€20,501
down €20,501 (-75.4%), from €27,191 to €6,690
of which Trade receivables: -€20,278
- Deferred charges and accrued income +€14,987
up €14,987 (+1,231%), from €1,217 to €16,204
- Tangible fixed assets +€3,926
up €3,926 (+15.9%), from €24,652 to €28,579
of which Other tangible fixed assets: +€3,742
- Other debts +€33,708
up €33,708 (+57,075%), from €59 to €33,768
- Trade debts +€7,944
up €7,944 (+34.3%), from €23,136 to €31,080
- Tax, wage and social debts -€6,090
down €6,090 (-28.1%), from €21,681 to €15,591
- Short-term financial debts +€3,512
up €3,512 (+100%), from €3,511 to €7,023
- Purchases and services -€28,465
down €28,465 (-16.7%), from €170,549 to €142,084
- Gross operating margin +€14,754
up €14,754 (+38.2%), from €38,658 to €53,411
- Other operating charges -€6,371
down €6,371 (-76.5%), from €8,323 to €1,952
- Taxes +€5,107
up €5,107 (+63.8%), from €8,011 to €13,118
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 | €125,519 | €164,709 | +€39,190 | +31.2% |
| Fixed assets | 21/28 | €24,652 | €28,579 | +€3,926 | +15.9% |
| Tangible fixed assets | 22/27 | €24,652 | €28,579 | +€3,926 | +15.9% |
| Plant, machinery and equipment | 23 | €4,549 | €5,708 | +€1,159 | +25.5% |
| Furniture and vehicles | 24 | €13,626 | €12,651 | -€975 | -7.2% |
| Other tangible fixed assets | 26 | €6,477 | €10,220 | +€3,742 | +57.8% |
| Current assets | 29/58 | €100,867 | €136,131 | +€35,264 | +35.0% |
| Amounts receivable within one year | 40/41 | €27,191 | €6,690 | -€20,501 | -75.4% |
| Trade receivables | 40 | €26,968 | €6,690 | -€20,278 | -75.2% |
| Other amounts receivable | 41 | €223 | - | -€223 | |
| Cash at bank and in hand | 54/58 | €72,458 | €113,237 | +€40,779 | +56.3% |
| Deferred charges and accrued income | 490/1 | €1,217 | €16,204 | +€14,987 | +1,231% |
| Total equity and liabilities | 10/49 | €125,519 | €164,709 | +€39,190 | +31.2% |
| Equity | 10/15 | €77,132 | €77,248 | +€116 | +0.2% |
| Contributions | 10/11 | €600 | €600 | = | 0.0% |
| Reserves | 13 | €76,420 | €76,535 | +€115 | +0.2% |
| 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 | €74,560 | €74,675 | +€115 | +0.2% |
| Profit (loss) carried forward | 14 | €112 | €113 | +€1 | +0.6% |
| Amounts payable | 17/49 | €48,387 | €87,462 | +€39,074 | +80.8% |
| Amounts payable within one year | 42/48 | €48,387 | €87,462 | +€39,074 | +80.8% |
| Financial debts | 43 | €3,511 | €7,023 | +€3,512 | +100% |
| Credit institutions | 430/8 | €3,511 | €7,023 | +€3,512 | +100% |
| Trade debts | 44 | €23,136 | €31,080 | +€7,944 | +34.3% |
| Suppliers | 440/4 | €23,136 | €31,080 | +€7,944 | +34.3% |
| Taxes, remuneration and social security | 45 | €21,681 | €15,591 | -€6,090 | -28.1% |
| Taxes | 450/3 | €21,681 | €15,591 | -€6,090 | -28.1% |
| Other amounts payable | 47/48 | €59 | €33,768 | +€33,708 | +57,075% |
| Turnover | 70 | €194,585 | €195,495 | +€910 | +0.5% |
| Non-recurring operating income | 76A | €14,622 | - | -€14,622 | |
| Goods, raw materials, services and sundry goods | 60/61 | €170,549 | €142,084 | -€28,465 | -16.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,205 | €5,023 | -€182 | -3.5% |
| Other operating charges | 640/8 | €8,323 | €1,952 | -€6,371 | -76.5% |
| Gross operating margin | 9900 | €38,658 | €53,411 | +€14,754 | +38.2% |
| Operating profit (loss) | 9901 | €25,129 | €46,436 | +€21,307 | +84.8% |
| Financial charges | 65/66B | €358 | €392 | +€34 | +9.4% |
| Recurring financial charges | 65 | €358 | €392 | +€34 | +9.4% |
| Profit (loss) for the period before taxes | 9903 | €24,771 | €46,044 | +€21,273 | +85.9% |
| Income taxes | 67/77 | €8,011 | €13,118 | +€5,107 | +63.8% |
| Profit (loss) for the period | 9904 | €16,760 | €32,926 | +€16,165 | +96.5% |
| Profit (loss) for the period to be appropriated | 9905 | €16,760 | €32,926 | +€16,165 | +96.5% |
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 17 October 2026 via checked.be.