ARS-BILLE ASSURANCES: 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.
ARS-BILLE ASSURANCES
Largest movements
- Receivables within one year +€7,122
up €7,122 (+35.1%), from €20,284 to €27,406
of which Other amounts receivable: +€6,168
- Cash -€3,499
down €3,499 (-2.2%), from €157,783 to €154,284
mainly Investment in fixed assets (net) (-€9,326) and Tax, wage and social debts (-€7,765)
- Tangible fixed assets -€2,969
down €2,969 (-7.2%), from €40,976 to €38,007
of which Other tangible fixed assets: -€3,857
- Tax, wage and social debts -€7,765
no longer reported in 2025 (was €7,765)
- Reserves +€6,654
up €6,654 (+5.5%), from €120,962 to €127,617
of which Distributable reserves: +€6,322
- Gross operating margin -€13,126
down €13,126 (-37.0%), from €35,496 to €22,369
- Taxes -€4,223
down €4,223 (-54.4%), from €7,765 to €3,543
- Depreciation +€1,369
up €1,369 (+12.5%), from €10,926 to €12,295
- Financial income +€1,136
up €1,136 (+239%), from €476 to €1,612
of which Financial income: +€1,179
- Other operating charges +€370
up €370 (+60.7%), from €609 to €979
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 | €222,899 | €221,839 | -€1,060 | -0.5% |
| Fixed assets | 21/28 | €40,976 | €38,007 | -€2,969 | -7.2% |
| Tangible fixed assets | 22/27 | €40,976 | €38,007 | -€2,969 | -7.2% |
| Furniture and vehicles | 24 | €9,913 | €10,801 | +€888 | +9.0% |
| Other tangible fixed assets | 26 | €31,063 | €27,206 | -€3,857 | -12.4% |
| Current assets | 29/58 | €181,923 | €183,832 | +€1,909 | +1.0% |
| Amounts receivable within one year | 40/41 | €20,284 | €27,406 | +€7,122 | +35.1% |
| Trade receivables | 40 | €13,031 | €13,985 | +€954 | +7.3% |
| Other amounts receivable | 41 | €7,253 | €13,421 | +€6,168 | +85.0% |
| Cash at bank and in hand | 54/58 | €157,783 | €154,284 | -€3,499 | -2.2% |
| Deferred charges and accrued income | 490/1 | €3,856 | €2,142 | -€1,714 | -44.5% |
| Total equity and liabilities | 10/49 | €222,899 | €221,839 | -€1,060 | -0.5% |
| Equity | 10/15 | €213,922 | €220,577 | +€6,654 | +3.1% |
| Contributions | 10/11 | €92,960 | €92,960 | = | 0.0% |
| Capital | 10 | €92,960 | €92,960 | = | 0.0% |
| Issued capital | 100 | €123,947 | €123,947 | = | 0.0% |
| Uncalled capital | 101 | €30,987 | €30,987 | = | 0.0% |
| Reserves | 13 | €120,962 | €127,617 | +€6,654 | +5.5% |
| Non-distributable reserves | 130/1 | €8,934 | €9,266 | +€333 | +3.7% |
| Legal reserve | 130 | €8,934 | €9,266 | +€333 | +3.7% |
| Distributable reserves | 133 | €112,029 | €118,350 | +€6,322 | +5.6% |
| Amounts payable | 17/49 | €8,977 | €1,262 | -€7,715 | -85.9% |
| Amounts payable within one year | 42/48 | €8,040 | €1,262 | -€6,778 | -84.3% |
| Trade debts | 44 | €275 | €1,262 | +€987 | +359% |
| Suppliers | 440/4 | €275 | €1,262 | +€987 | +359% |
| Taxes, remuneration and social security | 45 | €7,765 | - | -€7,765 | |
| Taxes | 450/3 | €7,765 | - | -€7,765 | |
| Accrued charges and deferred income | 492/3 | €937 | - | -€937 | |
| Non-recurring operating income | 76A | €405 | - | -€405 | |
| Remuneration, social security and pensions | 62 | €6 | - | -€6 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,926 | €12,295 | +€1,369 | +12.5% |
| Other operating charges | 640/8 | €609 | €979 | +€370 | +60.7% |
| Non-recurring operating charges | 66A | €713 | €480 | -€233 | -32.7% |
| Gross operating margin | 9900 | €35,496 | €22,369 | -€13,126 | -37.0% |
| Operating profit (loss) | 9901 | €23,241 | €8,615 | -€14,626 | -62.9% |
| Financial income | 75/76B | €476 | €1,612 | +€1,136 | +239% |
| Recurring financial income | 75 | €433 | €1,612 | +€1,179 | +272% |
| Non-recurring financial income | 76B | €43 | - | -€43 | |
| Financial charges | 65/66B | €31 | €30 | -€1 | -3.8% |
| Recurring financial charges | 65 | €31 | €30 | -€1 | -3.8% |
| Profit (loss) for the period before taxes | 9903 | €23,686 | €10,197 | -€13,489 | -56.9% |
| Income taxes | 67/77 | €7,765 | €3,543 | -€4,223 | -54.4% |
| Profit (loss) for the period | 9904 | €15,921 | €6,654 | -€9,266 | -58.2% |
| Profit (loss) for the period to be appropriated | 9905 | €15,921 | €6,654 | -€9,266 | -58.2% |
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 18 October 2026 via checked.be.