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SURINX: 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.

What changed

SURINX

BE 0459.189.090
NACE 43.990, Other specialised construction activities
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€110,150
2024 · €8,191+€101,959
Equity
€517,424
2024 · €407,273+€110,150
Cash
€374,889
2024 · €370,297+€4,593
Balance sheet total
€1.1m
2024 · €1.0m+€31,007

Largest movements

2024 to 2025
Assets
  • Receivables within one year +€38,165

    up €38,165 (+7.3%), from €523,686 to €561,851

    of which Other amounts receivable: +€132,044

  • Tangible fixed assets -€15,255

    down €15,255 (-10.0%), from €152,539 to €137,284

    of which Land and buildings: -€13,810

Equity and liabilities
  • Accrued charges and deferred income +€141,088

    new in 2025: €141,088

  • Short-term financial debts -€125,000

    down €125,000 (-45.5%), from €275,000 to €150,000

  • Reserves +€110,150

    up €110,150 (+28.3%), from €388,673 to €498,824

  • Other debts -€54,036

    down €54,036 (-100.0%), from €54,036 to €0

  • Advances received -€44,765

    no longer reported in 2025 (was €44,765)

Income statement
  • Staff costs -€70,649

    down €70,649 (-7.6%), from €923,689 to €853,040

  • Taxes +€42,415

    up €42,415 (+255.9%), from €16,577 to €58,992

  • Gross operating margin +€35,903

    up €35,903 (+3.5%), from €1.0m to €1.1m

  • Financial charges -€35,325

    down €35,325 (-69.8%), from €50,604 to €15,279

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €8,191
Gross operating margin +€35,903
Staff costs +€70,649
Depreciation +€4,542
Other operating charges +€3,163
Other operating items -€4,227
Financial income -€981
Financial charges +€35,325
Taxes -€42,415
Result 2025 €110,150

Cash bridge derived

cash 2024 to 2025

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.

From operations +€152,912
Investment -€4,752
Financing -€143,568
Cash 2024 €370,297
Net result for the year +€110,150
Depreciation +€20,008
Receivables within one year -€38,165
Deferred charges and accrued income -€3,504
Trade debts -€14,642
Tax, wage and social debts +€36,778
Advances received -€44,765
Other debts -€54,036
Accrued charges and deferred income +€141,088
Investment in fixed assets (net) -€4,752
Debts after one year -€19,343
Current portion of long-term debt +€775
Short-term financial debts -€125,000
Cash 2025 €374,889
Every line side by side 48 lines
Line Code 2024 2025 Change %
Total assets 20/58 €1,049,522 €1,080,528 +€31,007 +3.0%
Fixed assets 21/28 €155,539 €140,284 -€15,255 -9.8%
Tangible fixed assets 22/27 €152,539 €137,284 -€15,255 -10.0%
Land and buildings 22 €147,769 €133,959 -€13,810 -9.3%
Plant, machinery and equipment 23 €4,302 €0 -€4,302 -100.0%
Furniture and vehicles 24 €468 €3,324 +€2,856 +610.1%
Financial fixed assets 28 €3,000 €3,000 = 0.0%
Current assets 29/58 €893,983 €940,245 +€46,262 +5.2%
Amounts receivable within one year 40/41 €523,686 €561,851 +€38,165 +7.3%
Trade receivables 40 €333,039 €239,161 -€93,878 -28.2%
Other amounts receivable 41 €190,647 €322,690 +€132,044 +69.3%
Cash at bank and in hand 54/58 €370,297 €374,889 +€4,593 +1.2%
Deferred charges and accrued income 490/1 - €3,504 +€3,504
Total equity and liabilities 10/49 €1,049,522 €1,080,528 +€31,007 +3.0%
Equity 10/15 €407,273 €517,424 +€110,150 +27.0%
Contributions 10/11 €18,600 €18,600 = 0.0%
Reserves 13 €388,673 €498,824 +€110,150 +28.3%
Distributable reserves 133 €388,673 €498,824 +€110,150 +28.3%
Amounts payable 17/49 €642,248 €563,105 -€79,144 -12.3%
Amounts payable after more than one year 17 €78,351 €59,008 -€19,343 -24.7%
Financial debts 170/4 €78,351 €59,008 -€19,343 -24.7%
Amounts payable within one year 42/48 €563,897 €363,008 -€200,889 -35.6%
Current portion of amounts payable after more than one year 42 €22,767 €23,542 +€775 +3.4%
Financial debts 43 €275,000 €150,000 -€125,000 -45.5%
Credit institutions 430/8 €275,000 €150,000 -€125,000 -45.5%
Trade debts 44 €113,507 €98,865 -€14,642 -12.9%
Suppliers 440/4 €113,507 €98,865 -€14,642 -12.9%
Advances received on contracts in progress 46 €44,765 - -€44,765
Taxes, remuneration and social security 45 €53,823 €90,601 +€36,778 +68.3%
Taxes 450/3 €10,332 €49,632 +€39,300 +380.4%
Remuneration and social security 454/9 €43,491 €40,969 -€2,522 -5.8%
Other amounts payable 47/48 €54,036 €0 -€54,036 -100.0%
Accrued charges and deferred income 492/3 - €141,088 +€141,088
Non-recurring operating income 76A - €6,335 +€6,335
Remuneration, social security and pensions 62 €923,689 €853,040 -€70,649 -7.6%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €24,550 €20,008 -€4,542 -18.5%
Other operating charges 640/8 €9,431 €6,268 -€3,163 -33.5%
Non-recurring operating charges 66A - €4,227 +€4,227
Gross operating margin 9900 €1,026,442 €1,062,345 +€35,903 +3.5%
Operating profit (loss) 9901 €68,772 €178,803 +€110,031 +160.0%
Financial income 75/76B €6,600 €5,618 -€981 -14.9%
Recurring financial income 75 €6,600 €5,618 -€981 -14.9%
Financial charges 65/66B €50,604 €15,279 -€35,325 -69.8%
Recurring financial charges 65 €50,604 €15,279 -€35,325 -69.8%
Profit (loss) for the period before taxes 9903 €24,768 €169,142 +€144,374 +582.9%
Income taxes 67/77 €16,577 €58,992 +€42,415 +255.9%
Profit (loss) for the period 9904 €8,191 €110,150 +€101,959 +1244.8%
Profit (loss) for the period to be appropriated 9905 €8,191 €110,150 +€101,959 +1244.8%

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 30 September 2026 via checked.be.