ACTIEF INSURANCES: 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.
What changed
ACTIEF INSURANCES
NACE 66.220, Insurance agents and brokers
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€2,657
2024 · €54,592-€51,935
Equity
€54,552
2024 · €51,895+€2,657
Cash
€52,222
2024 · €47,654+€4,568
Balance sheet total
€1.5m
2024 · €1.2m+€246,979
Largest movements
Assets
- Receivables within one year +€163,189
up €163,189 (+16.2%), from €1.0m to €1.2m
of which Other amounts receivable: +€213,526
- Deferred charges and accrued income +€81,799
up €81,799 (+60.0%), from €136,230 to €218,029
Equity and liabilities
- Trade debts +€240,199
up €240,199 (+28.1%), from €854,579 to €1.1m
- Short-term financial debts +€85,242
new in 2025: €85,242
- Advances received -€69,899
down €69,899 (-42.3%), from €165,213 to €95,314
Income statement
- Gross operating margin -€117,213
down €117,213 (-15.5%), from €756,495 to €639,282
- Depreciation -€70,189
down €70,189 (-75.0%), from €93,594 to €23,405
- Staff costs +€37,659
up €37,659 (+6.7%), from €560,781 to €598,440
- Taxes -€20,769
down €20,769 (-61.2%), from €33,956 to €13,187
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.
Result 2024
€54,592
Gross operating margin
-€117,213
Staff costs
-€37,659
Depreciation
+€70,189
Other operating charges
+€3,071
Other operating items
+€7,895
Financial income
-€547
Financial charges
+€1,560
Taxes
+€20,769
Result 2025
€2,657
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
-€62,927
Investment
-€20,827
Financing
+€88,322
Cash 2024
€47,654
From operations (derived)
-€62,927
Net result for the year
+€2,657
Depreciation
+€23,405
Receivables within one year
-€163,189
Deferred charges and accrued income
-€81,799
Trade debts
+€240,199
Tax, wage and social debts
-€14,054
Advances received
-€69,899
Accrued charges and deferred income
-€246
Investment (derived)
-€20,827
Investment in fixed assets (net)
-€20,827
Financing
+€88,322
Current portion of long-term debt
+€3,080
Short-term financial debts
+€85,242
Cash 2025
€52,222
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,249,663 | €1,496,641 | +€246,979 | +19.8% |
| Fixed assets | 21/28 | €60,719 | €58,141 | -€2,578 | -4.2% |
| Intangible fixed assets | 21 | €46,865 | €41,250 | -€5,615 | -12.0% |
| Tangible fixed assets | 22/27 | €13,853 | €16,890 | +€3,037 | +21.9% |
| Furniture and vehicles | 24 | €13,853 | €16,890 | +€3,037 | +21.9% |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Financial fixed assets | 28 | €1 | €1 | = | 0.0% |
| Current assets | 29/58 | €1,188,944 | €1,438,500 | +€249,557 | +21.0% |
| Amounts receivable within one year | 40/41 | €1,005,060 | €1,168,249 | +€163,189 | +16.2% |
| Trade receivables | 40 | €308,551 | €258,214 | -€50,337 | -16.3% |
| Other amounts receivable | 41 | €696,509 | €910,035 | +€213,526 | +30.7% |
| Cash at bank and in hand | 54/58 | €47,654 | €52,222 | +€4,568 | +9.6% |
| Deferred charges and accrued income | 490/1 | €136,230 | €218,029 | +€81,799 | +60.0% |
| Total equity and liabilities | 10/49 | €1,249,663 | €1,496,641 | +€246,979 | +19.8% |
| Equity | 10/15 | €51,895 | €54,552 | +€2,657 | +5.1% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €448 | €448 | = | 0.0% |
| Non-distributable reserves | 130/1 | €448 | €448 | = | 0.0% |
| Legal reserve | 130 | €448 | €448 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,553 | -€7,896 | +€2,657 | +25.2% |
| Amounts payable | 17/49 | €1,197,768 | €1,442,090 | +€244,321 | +20.4% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €1,197,523 | €1,442,090 | +€244,567 | +20.4% |
| Current portion of amounts payable after more than one year | 42 | €71,151 | €74,231 | +€3,080 | +4.3% |
| Financial debts | 43 | - | €85,242 | +€85,242 | |
| Credit institutions | 430/8 | - | €85,242 | +€85,242 | |
| Trade debts | 44 | €854,579 | €1,094,778 | +€240,199 | +28.1% |
| Suppliers | 440/4 | €854,579 | €1,094,778 | +€240,199 | +28.1% |
| Advances received on contracts in progress | 46 | €165,213 | €95,314 | -€69,899 | -42.3% |
| Taxes, remuneration and social security | 45 | €106,579 | €92,525 | -€14,054 | -13.2% |
| Taxes | 450/3 | €35,879 | €26,293 | -€9,586 | -26.7% |
| Remuneration and social security | 454/9 | €70,700 | €66,232 | -€4,468 | -6.3% |
| Accrued charges and deferred income | 492/3 | €246 | €0 | -€246 | -100% |
| Non-recurring operating income | 76A | €14,523 | €209 | -€14,314 | -98.6% |
| Remuneration, social security and pensions | 62 | €560,781 | €598,440 | +€37,659 | +6.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €93,594 | €23,405 | -€70,189 | -75.0% |
| Other operating charges | 640/8 | €5,371 | €2,300 | -€3,071 | -57.2% |
| Non-recurring operating charges | 66A | €7,895 | €0 | -€7,895 | -100% |
| Gross operating margin | 9900 | €756,495 | €639,282 | -€117,213 | -15.5% |
| Operating profit (loss) | 9901 | €88,855 | €15,137 | -€73,718 | -83.0% |
| Financial income | 75/76B | €4,478 | €3,931 | -€547 | -12.2% |
| Recurring financial income | 75 | €4,478 | €3,931 | -€547 | -12.2% |
| Financial charges | 65/66B | €4,785 | €3,224 | -€1,560 | -32.6% |
| Recurring financial charges | 65 | €4,785 | €3,224 | -€1,560 | -32.6% |
| Profit (loss) for the period before taxes | 9903 | €88,548 | €15,844 | -€72,704 | -82.1% |
| Income taxes | 67/77 | €33,956 | €13,187 | -€20,769 | -61.2% |
| Profit (loss) for the period | 9904 | €54,592 | €2,657 | -€51,935 | -95.1% |
| Profit (loss) for the period to be appropriated | 9905 | €54,592 | €2,657 | -€51,935 | -95.1% |
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 22 October 2026 via checked.be.