ASSURAFIN: 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.
ASSURAFIN
Largest movements
- Receivables within one year -€13,834
down €13,834 (-86.6%), from €15,976 to €2,142
- Tangible fixed assets -€7,552
down €7,552 (-4.2%), from €177,923 to €170,372
of which Land and buildings: -€6,633
- Cash -€3,479
down €3,479 (-97.6%), from €3,564 to €85
mainly Short-term financial debts (-€50,000) and Trade debts (-€2,804)
- Short-term financial debts -€50,000
no longer reported in 2025 (was €50,000)
- Debts after one year +€19,101
up €19,101 (+29.0%), from €65,899 to €85,000
- Current portion of long-term debt +€5,495
up €5,495 (+15.7%), from €34,982 to €40,478
- Trade debts -€2,804
down €2,804 (-31.2%), from €8,977 to €6,174
- Gross operating margin +€16,215
up €16,215 (+485%), from €3,342 to €19,557
- Other operating charges +€358
up €358 (+63.0%), from €569 to €927
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 | €197,464 | €172,598 | -€24,865 | -12.6% |
| Fixed assets | 21/28 | €177,923 | €170,372 | -€7,552 | -4.2% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €177,923 | €170,372 | -€7,552 | -4.2% |
| Land and buildings | 22 | €176,768 | €170,135 | -€6,633 | -3.8% |
| Plant, machinery and equipment | 23 | €675 | €237 | -€439 | -64.9% |
| Furniture and vehicles | 24 | €480 | €0 | -€480 | -100% |
| Current assets | 29/58 | €19,540 | €2,227 | -€17,313 | -88.6% |
| Amounts receivable within one year | 40/41 | €15,976 | €2,142 | -€13,834 | -86.6% |
| Other amounts receivable | 41 | €15,976 | €2,142 | -€13,834 | -86.6% |
| Cash at bank and in hand | 54/58 | €3,564 | €85 | -€3,479 | -97.6% |
| Total equity and liabilities | 10/49 | €197,464 | €172,598 | -€24,865 | -12.6% |
| Equity | 10/15 | €30,196 | €32,071 | +€1,874 | +6.2% |
| Contributions | 10/11 | €2,184 | €2,184 | = | 0.0% |
| Revaluation surpluses | 12 | €37,229 | €35,797 | -€1,432 | -3.8% |
| Reserves | 13 | €4,751 | €6,182 | +€1,432 | +30.1% |
| Non-distributable reserves | 130/1 | €45 | €45 | = | 0.0% |
| Reserves not available under the articles | 1311 | €45 | €45 | = | 0.0% |
| Distributable reserves | 133 | €4,706 | €6,138 | +€1,432 | +30.4% |
| Profit (loss) carried forward | 14 | -€13,968 | -€12,093 | +€1,874 | +13.4% |
| Amounts payable | 17/49 | €167,267 | €140,528 | -€26,740 | -16.0% |
| Amounts payable after more than one year | 17 | €65,899 | €85,000 | +€19,101 | +29.0% |
| Financial debts | 170/4 | €65,899 | €85,000 | +€19,101 | +29.0% |
| Amounts payable within one year | 42/48 | €100,318 | €53,178 | -€47,140 | -47.0% |
| Current portion of amounts payable after more than one year | 42 | €34,982 | €40,478 | +€5,495 | +15.7% |
| Financial debts | 43 | €50,000 | - | -€50,000 | |
| Credit institutions | 430/8 | €50,000 | - | -€50,000 | |
| Trade debts | 44 | €8,977 | €6,174 | -€2,804 | -31.2% |
| Suppliers | 440/4 | €8,977 | €6,174 | -€2,804 | -31.2% |
| Taxes, remuneration and social security | 45 | €313 | €481 | +€168 | +53.7% |
| Taxes | 450/3 | €313 | €481 | +€168 | +53.7% |
| Other amounts payable | 47/48 | €6,045 | €6,045 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €1,050 | €2,350 | +€1,300 | +124% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,552 | €7,552 | = | 0.0% |
| Other operating charges | 640/8 | €569 | €927 | +€358 | +63.0% |
| Gross operating margin | 9900 | €3,342 | €19,557 | +€16,215 | +485% |
| Operating profit (loss) | 9901 | -€4,778 | €11,078 | +€15,857 | |
| Financial income | 75/76B | €369 | €187 | -€182 | -49.2% |
| Recurring financial income | 75 | €369 | €187 | -€182 | -49.2% |
| Financial charges | 65/66B | €9,256 | €9,147 | -€110 | -1.2% |
| Recurring financial charges | 65 | €9,256 | €9,147 | -€110 | -1.2% |
| Profit (loss) for the period before taxes | 9903 | -€13,666 | €2,119 | +€15,785 | |
| Income taxes | 67/77 | €302 | €245 | -€57 | -19.0% |
| Profit (loss) for the period | 9904 | -€13,968 | €1,874 | +€15,842 | |
| Profit (loss) for the period to be appropriated | 9905 | -€13,968 | €1,874 | +€15,842 |
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 21 October 2026 via checked.be.