SURLEMONT: 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.
SURLEMONT
Largest movements
- Cash +€11,272
up €11,272 (+5.3%), from €211,006 to €222,277
mainly Net result for the year (+€51,498) and Other debts (+€18,850)
- Tangible fixed assets -€5,789
down €5,789 (-14.2%), from €40,848 to €35,059
of which Plant, machinery and equipment: -€5,789
- Receivables within one year +€4,742
new in 2025: €4,742
- Reserves +€31,000
up €31,000 (+23.4%), from €132,502 to €163,502
of which Distributable reserves: +€31,000
- Debts after one year -€28,785
down €28,785 (-85.6%), from €33,642 to €4,856
- Other debts +€18,850
up €18,850 (+99.2%), from €19,000 to €37,850
- Tax, wage and social debts -€12,401
down €12,401 (-47.1%), from €26,328 to €13,927
- Taxes +€4,341
up €4,341 (+21.4%), from €20,282 to €24,623
- Gross operating margin +€2,873
up €2,873 (+3.0%), from €95,189 to €98,062
- Financial charges +€1,896
up €1,896, from -€777 to €1,119
- Depreciation -€1,043
down €1,043 (-15.3%), from €6,832 to €5,789
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 | €304,166 | €313,802 | +€9,636 | +3.2% |
| Fixed assets | 21/28 | €40,898 | €35,109 | -€5,789 | -14.2% |
| Tangible fixed assets | 22/27 | €40,848 | €35,059 | -€5,789 | -14.2% |
| Land and buildings | 22 | €17,870 | €17,870 | = | 0.0% |
| Plant, machinery and equipment | 23 | €22,978 | €17,189 | -€5,789 | -25.2% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €263,268 | €278,693 | +€15,425 | +5.9% |
| Amounts receivable within one year | 40/41 | - | €4,742 | +€4,742 | |
| Trade receivables | 40 | - | €4,742 | +€4,742 | |
| Current investments | 50/53 | €50,253 | €50,253 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €211,006 | €222,277 | +€11,272 | +5.3% |
| Deferred charges and accrued income | 490/1 | €2,009 | €1,420 | -€589 | -29.3% |
| Total equity and liabilities | 10/49 | €304,166 | €313,802 | +€9,636 | +3.2% |
| Equity | 10/15 | €195,220 | €226,718 | +€31,498 | +16.1% |
| Contributions | 10/11 | €61,894 | €61,894 | = | 0.0% |
| Capital | 10 | €61,894 | €61,894 | = | 0.0% |
| Issued capital | 100 | €61,894 | €61,894 | = | 0.0% |
| Reserves | 13 | €132,502 | €163,502 | +€31,000 | +23.4% |
| Non-distributable reserves | 130/1 | €7,502 | €7,502 | = | 0.0% |
| Legal reserve | 130 | €7,502 | €7,502 | = | 0.0% |
| Distributable reserves | 133 | €125,000 | €156,000 | +€31,000 | +24.8% |
| Profit (loss) carried forward | 14 | €824 | €1,322 | +€498 | +60.4% |
| Amounts payable | 17/49 | €108,946 | €87,084 | -€21,861 | -20.1% |
| Amounts payable after more than one year | 17 | €33,642 | €4,856 | -€28,785 | -85.6% |
| Financial debts | 170/4 | €33,642 | €4,856 | -€28,785 | -85.6% |
| Amounts payable within one year | 42/48 | €75,304 | €82,228 | +€6,924 | +9.2% |
| Current portion of amounts payable after more than one year | 42 | €28,190 | €28,785 | +€595 | +2.1% |
| Trade debts | 44 | €1,785 | €1,665 | -€120 | -6.7% |
| Suppliers | 440/4 | €1,785 | €1,665 | -€120 | -6.7% |
| Taxes, remuneration and social security | 45 | €26,328 | €13,927 | -€12,401 | -47.1% |
| Taxes | 450/3 | €26,328 | €13,927 | -€12,401 | -47.1% |
| Other amounts payable | 47/48 | €19,000 | €37,850 | +€18,850 | +99.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,832 | €5,789 | -€1,043 | -15.3% |
| Other operating charges | 640/8 | €15,170 | €15,646 | +€476 | +3.1% |
| Gross operating margin | 9900 | €95,189 | €98,062 | +€2,873 | +3.0% |
| Operating profit (loss) | 9901 | €73,187 | €76,627 | +€3,440 | +4.7% |
| Financial income | 75/76B | €1,513 | €613 | -€900 | -59.5% |
| Recurring financial income | 75 | €1,513 | €613 | -€900 | -59.5% |
| Financial charges | 65/66B | -€777 | €1,119 | +€1,896 | |
| Recurring financial charges | 65 | -€777 | €1,119 | +€1,896 | |
| Profit (loss) for the period before taxes | 9903 | €75,476 | €76,121 | +€644 | +0.9% |
| Income taxes | 67/77 | €20,282 | €24,623 | +€4,341 | +21.4% |
| Profit (loss) for the period | 9904 | €55,195 | €51,498 | -€3,697 | -6.7% |
| Profit (loss) for the period to be appropriated | 9905 | €55,195 | €51,498 | -€3,697 | -6.7% |
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 8 October 2026 via checked.be.