All Risks 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.
All Risks Insurance
Largest movements
- Tangible fixed assets -€22,931
down €22,931 (-39.6%), from €57,873 to €34,941
- Receivables within one year +€13,953
up €13,953 (+15.8%), from €88,249 to €102,202
of which Other amounts receivable: +€16,903
- Cash -€10,057
down €10,057 (-33.1%), from €30,357 to €20,300
mainly Contributions, distributions and other (-€34,563) and Other debts (-€25,305)
- Intangible fixed assets -€6,743
down €6,743 (-30.7%), from €21,992 to €15,249
- Deferred charges and accrued income -€4,805
down €4,805 (-24.4%), from €19,673 to €14,869
- Other debts -€25,305
down €25,305 (-42.3%), from €59,868 to €34,563
- Trade debts -€3,618
down €3,618 (-46.5%), from €7,778 to €4,160
- Other operating charges +€23,923
up €23,923 (+623%), from €3,840 to €27,764
- Staff costs +€21,236
up €21,236 (+248%), from €8,546 to €29,782
- Taxes -€7,058
down €7,058 (-38.5%), from €18,313 to €11,255
- Depreciation -€6,386
down €6,386 (-33.8%), from €18,875 to €12,489
- Gross operating margin +€4,672
up €4,672 (+4.0%), from €115,589 to €120,261
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 | €218,143 | €187,560 | -€30,583 | -14.0% |
| Fixed assets | 21/28 | €79,864 | €50,190 | -€29,674 | -37.2% |
| Intangible fixed assets | 21 | €21,992 | €15,249 | -€6,743 | -30.7% |
| Tangible fixed assets | 22/27 | €57,873 | €34,941 | -€22,931 | -39.6% |
| Plant, machinery and equipment | 23 | €8,141 | €3,551 | -€4,591 | -56.4% |
| Furniture and vehicles | 24 | €11,541 | €1,391 | -€10,151 | -88.0% |
| Other tangible fixed assets | 26 | €38,190 | €30,000 | -€8,190 | -21.4% |
| Current assets | 29/58 | €138,279 | €137,370 | -€909 | -0.7% |
| Amounts receivable within one year | 40/41 | €88,249 | €102,202 | +€13,953 | +15.8% |
| Trade receivables | 40 | €4,774 | €1,824 | -€2,950 | -61.8% |
| Other amounts receivable | 41 | €83,475 | €100,378 | +€16,903 | +20.2% |
| Cash at bank and in hand | 54/58 | €30,357 | €20,300 | -€10,057 | -33.1% |
| Deferred charges and accrued income | 490/1 | €19,673 | €14,869 | -€4,805 | -24.4% |
| Total equity and liabilities | 10/49 | €218,143 | €187,560 | -€30,583 | -14.0% |
| Equity | 10/15 | €119,614 | €119,614 | = | 0.0% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €302 | €302 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €302 | €302 | = | 0.0% |
| Profit (loss) carried forward | 14 | €89,313 | €89,313 | = | 0.0% |
| Amounts payable | 17/49 | €98,529 | €67,946 | -€30,583 | -31.0% |
| Amounts payable within one year | 42/48 | €95,243 | €66,245 | -€28,997 | -30.4% |
| Financial debts | 43 | €15,095 | €15,085 | -€10 | -0.1% |
| Credit institutions | 430/8 | €15,095 | €15,085 | -€10 | -0.1% |
| Trade debts | 44 | €7,778 | €4,160 | -€3,618 | -46.5% |
| Suppliers | 440/4 | €7,778 | €4,160 | -€3,618 | -46.5% |
| Taxes, remuneration and social security | 45 | €12,501 | €12,437 | -€64 | -0.5% |
| Taxes | 450/3 | €6,000 | €6,095 | +€95 | +1.6% |
| Remuneration and social security | 454/9 | €6,501 | €6,342 | -€159 | -2.4% |
| Other amounts payable | 47/48 | €59,868 | €34,563 | -€25,305 | -42.3% |
| Accrued charges and deferred income | 492/3 | €3,286 | €1,701 | -€1,586 | -48.3% |
| Remuneration, social security and pensions | 62 | €8,546 | €29,782 | +€21,236 | +248% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,875 | €12,489 | -€6,386 | -33.8% |
| Other operating charges | 640/8 | €3,840 | €27,764 | +€23,923 | +623% |
| Gross operating margin | 9900 | €115,589 | €120,261 | +€4,672 | +4.0% |
| Operating profit (loss) | 9901 | €84,328 | €50,226 | -€34,102 | -40.4% |
| Financial income | 75/76B | €3 | €1,292 | +€1,290 | +50,769% |
| Recurring financial income | 75 | €3 | €1,292 | +€1,290 | +50,769% |
| Financial charges | 65/66B | €1,920 | €5,701 | +€3,780 | +197% |
| Recurring financial charges | 65 | €1,920 | €5,701 | +€3,780 | +197% |
| Profit (loss) for the period before taxes | 9903 | €82,410 | €45,818 | -€36,592 | -44.4% |
| Income taxes | 67/77 | €18,313 | €11,255 | -€7,058 | -38.5% |
| Profit (loss) for the period | 9904 | €64,097 | €34,563 | -€29,534 | -46.1% |
| Profit (loss) for the period to be appropriated | 9905 | €64,097 | €34,563 | -€29,534 | -46.1% |
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 28 October 2026 via checked.be.