SURINVEST: 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.
SURINVEST
Largest movements
- Current investments +€1.9m
new in 2025: €1.9m
- Debts after one year +€1.9m
new in 2025: €1.9m
- Other debts -€1.1m
down €1.1m (-15.7%), from €7.1m to €6.0m
- Profit (loss) carried forward +€1.1m
up €1.1m (+35.6%), from €3.0m to €4.1m
- Financial income +€589,090
up €589,090 (+121%), from €487,440 to €1.1m
- Financial charges -€212,226
down €212,226 (-99.9%), from €212,496 to €270
of which Non-recurring financial charges: -€212,282
- Gross operating margin -€9,701
down €9,701 (-489%), from -€1,984 to -€11,685
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 | €17,343,977 | €19,142,752 | +€1.8m | +10.4% |
| Fixed assets | 21/28 | €16,708,043 | €16,707,062 | -€981 | 0.0% |
| Tangible fixed assets | 22/27 | €28,702 | €27,721 | -€981 | -3.4% |
| Land and buildings | 22 | €28,702 | €27,721 | -€981 | -3.4% |
| Financial fixed assets | 28 | €16,679,341 | €16,679,341 | = | 0.0% |
| Current assets | 29/58 | €635,934 | €2,435,690 | +€1.8m | +283% |
| Amounts receivable after more than one year | 29 | €481,161 | €485,161 | +€4,000 | +0.8% |
| Other amounts receivable | 291 | €481,161 | €485,161 | +€4,000 | +0.8% |
| Amounts receivable within one year | 40/41 | €25,157 | €31,378 | +€6,221 | +24.7% |
| Other amounts receivable | 41 | €25,157 | €31,378 | +€6,221 | +24.7% |
| Current investments | 50/53 | - | €1,850,000 | +€1.9m | |
| Cash at bank and in hand | 54/58 | €129,617 | €69,151 | -€60,466 | -46.6% |
| Total equity and liabilities | 10/49 | €17,343,977 | €19,142,752 | +€1.8m | +10.4% |
| Equity | 10/15 | €10,231,017 | €11,293,613 | +€1.1m | +10.4% |
| Contributions | 10/11 | €7,219,097 | €7,219,097 | = | 0.0% |
| Reserves | 13 | €23,858 | €23,858 | = | 0.0% |
| Distributable reserves | 133 | €23,858 | €23,858 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,988,062 | €4,050,657 | +€1.1m | +35.6% |
| Amounts payable | 17/49 | €7,112,960 | €7,849,139 | +€736,179 | +10.3% |
| Amounts payable after more than one year | 17 | - | €1,853,811 | +€1.9m | |
| Other amounts payable | 178/9 | - | €1,853,811 | +€1.9m | |
| Amounts payable within one year | 42/48 | €7,112,960 | €5,995,328 | -€1.1m | -15.7% |
| Trade debts | 44 | €517 | €517 | = | 0.0% |
| Suppliers | 440/4 | €517 | €517 | = | 0.0% |
| Other amounts payable | 47/48 | €7,112,443 | €5,994,811 | -€1.1m | -15.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €981 | €981 | = | 0.0% |
| Other operating charges | 640/8 | €968 | €998 | +€31 | +3.2% |
| Gross operating margin | 9900 | -€1,984 | -€11,685 | -€9,701 | -489% |
| Operating profit (loss) | 9901 | -€3,933 | -€13,665 | -€9,732 | -247% |
| Financial income | 75/76B | €487,440 | €1,076,530 | +€589,090 | +121% |
| Recurring financial income | 75 | €487,440 | €1,076,530 | +€589,090 | +121% |
| Financial charges | 65/66B | €212,496 | €270 | -€212,226 | -99.9% |
| Recurring financial charges | 65 | €214 | €270 | +€56 | +26.3% |
| Non-recurring financial charges | 66B | €212,282 | - | -€212,282 | |
| Profit (loss) for the period before taxes | 9903 | €271,011 | €1,062,595 | +€791,584 | +292% |
| Profit (loss) for the period | 9904 | €271,011 | €1,062,595 | +€791,584 | +292% |
| Profit (loss) for the period to be appropriated | 9905 | €271,011 | €1,062,595 | +€791,584 | +292% |
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 28 October 2026 via checked.be.