A+ Insurance: 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.
A+ Insurance
Largest movements
- Cash +€15,613
up €15,613 (+230%), from €6,784 to €22,397
mainly Receivables after one year (+€10,000) and Depreciation (+€5,644)
- Receivables after one year -€10,000
down €10,000 (-33.3%), from €30,000 to €20,000
- Tangible fixed assets -€4,144
down €4,144 (-21.2%), from €19,526 to €15,382
of which Land and buildings: -€2,117
- Intangible fixed assets -€1,500
down €1,500 (-33.3%), from €4,500 to €3,000
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin -€2,615
down €2,615 (-29.2%), from €8,942 to €6,327
- Staff costs -€1,916
down €1,916 (-90.8%), from €2,111 to €195
- Other operating charges -€340
no longer reported in 2025 (was €340)
- Depreciation -€113
down €113 (-2.0%), from €5,757 to €5,644
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 | €71,694 | €71,663 | -€31 | 0.0% |
| Fixed assets | 21/28 | €24,026 | €18,382 | -€5,644 | -23.5% |
| Intangible fixed assets | 21 | €4,500 | €3,000 | -€1,500 | -33.3% |
| Tangible fixed assets | 22/27 | €19,526 | €15,382 | -€4,144 | -21.2% |
| Land and buildings | 22 | €10,587 | €8,470 | -€2,117 | -20.0% |
| Furniture and vehicles | 24 | €8,939 | €6,912 | -€2,027 | -22.7% |
| Current assets | 29/58 | €47,668 | €53,281 | +€5,613 | +11.8% |
| Amounts receivable after more than one year | 29 | €30,000 | €20,000 | -€10,000 | -33.3% |
| Other amounts receivable | 291 | €30,000 | €20,000 | -€10,000 | -33.3% |
| Amounts receivable within one year | 40/41 | €10,884 | €10,884 | = | 0.0% |
| Other amounts receivable | 41 | €10,884 | €10,884 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €6,784 | €22,397 | +€15,613 | +230% |
| Total equity and liabilities | 10/49 | €71,694 | €71,663 | -€31 | 0.0% |
| Equity | 10/15 | €70,797 | €71,264 | +€467 | +0.7% |
| Reserves | 13 | €66,000 | €66,000 | = | 0.0% |
| Distributable reserves | 133 | €66,000 | €66,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,797 | €5,264 | +€467 | +9.7% |
| Amounts payable | 17/49 | €897 | €399 | -€498 | -55.5% |
| Amounts payable within one year | 42/48 | €897 | €399 | -€498 | -55.5% |
| Trade debts | 44 | €897 | €399 | -€498 | -55.5% |
| Suppliers | 440/4 | €897 | €399 | -€498 | -55.5% |
| Remuneration, social security and pensions | 62 | €2,111 | €195 | -€1,916 | -90.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,757 | €5,644 | -€113 | -2.0% |
| Other operating charges | 640/8 | €340 | - | -€340 | |
| Gross operating margin | 9900 | €8,942 | €6,327 | -€2,615 | -29.2% |
| Operating profit (loss) | 9901 | €734 | €488 | -€246 | -33.5% |
| Financial income | 75/76B | €5 | €24 | +€19 | +380% |
| Recurring financial income | 75 | €5 | €24 | +€19 | +380% |
| Financial charges | 65/66B | €52 | €45 | -€7 | -13.5% |
| Recurring financial charges | 65 | €52 | €45 | -€7 | -13.5% |
| Profit (loss) for the period before taxes | 9903 | €687 | €467 | -€220 | -32.0% |
| Profit (loss) for the period | 9904 | €687 | €467 | -€220 | -32.0% |
| Profit (loss) for the period to be appropriated | 9905 | €687 | €467 | -€220 | -32.0% |
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 23 October 2026 via checked.be.