ASSURALEX: 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.
ASSURALEX
Largest movements
- Receivables within one year +€14,674
up €14,674 (+37.1%), from €39,516 to €54,190
- Deferred charges and accrued income -€9,680
no longer reported in 2024 (was €9,680)
- Tangible fixed assets -€6,522
down €6,522 (-2.0%), from €332,722 to €326,200
of which Land and buildings: -€10,499
- Cash -€4,854
down €4,854 (-23.0%), from €21,113 to €16,259
mainly Debts after one year (-€22,549) and Contributions, distributions and other (-€15,000)
- Debts after one year -€22,549
down €22,549 (-10.5%), from €214,272 to €191,723
- Other debts +€15,000
new in 2024: €15,000
- Reserves +€12,435
up €12,435 (+14.8%), from €84,154 to €96,589
- Trade debts -€8,648
down €8,648 (-56.5%), from €15,310 to €6,662
- Current portion of long-term debt -€6,713
down €6,713 (-22.6%), from €29,728 to €23,015
- Depreciation -€3,529
down €3,529 (-20.1%), from €17,582 to €14,053
- Financial charges +€3,061
up €3,061 (+32.4%), from €9,441 to €12,501
- Financial income +€1,322
up €1,322 (+80.7%), from €1,638 to €2,960
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €403,031 | €396,648 | -€6,383 | -1.6% |
| Fixed assets | 21/28 | €332,722 | €326,200 | -€6,522 | -2.0% |
| Tangible fixed assets | 22/27 | €332,722 | €326,200 | -€6,522 | -2.0% |
| Land and buildings | 22 | €321,335 | €310,836 | -€10,499 | -3.3% |
| Plant, machinery and equipment | 23 | €1,085 | €543 | -€543 | -50.0% |
| Furniture and vehicles | 24 | €978 | €734 | -€245 | -25.0% |
| Other tangible fixed assets | 26 | €9,324 | €14,088 | +€4,763 | +51.1% |
| Current assets | 29/58 | €70,309 | €70,448 | +€139 | +0.2% |
| Amounts receivable within one year | 40/41 | €39,516 | €54,190 | +€14,674 | +37.1% |
| Other amounts receivable | 41 | €39,516 | €54,190 | +€14,674 | +37.1% |
| Cash at bank and in hand | 54/58 | €21,113 | €16,259 | -€4,854 | -23.0% |
| Deferred charges and accrued income | 490/1 | €9,680 | - | -€9,680 | |
| Total equity and liabilities | 10/49 | €403,031 | €396,648 | -€6,383 | -1.6% |
| Equity | 10/15 | €138,255 | €150,689 | +€12,435 | +9.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €84,154 | €96,589 | +€12,435 | +14.8% |
| Distributable reserves | 133 | €84,154 | €96,589 | +€12,435 | +14.8% |
| Profit (loss) carried forward | 14 | €47,900 | €47,900 | = | 0.0% |
| Amounts payable | 17/49 | €264,776 | €245,958 | -€18,818 | -7.1% |
| Amounts payable after more than one year | 17 | €214,272 | €191,723 | -€22,549 | -10.5% |
| Financial debts | 170/4 | €214,272 | €191,723 | -€22,549 | -10.5% |
| Amounts payable within one year | 42/48 | €50,442 | €54,235 | +€3,793 | +7.5% |
| Current portion of amounts payable after more than one year | 42 | €29,728 | €23,015 | -€6,713 | -22.6% |
| Trade debts | 44 | €15,310 | €6,662 | -€8,648 | -56.5% |
| Suppliers | 440/4 | €15,310 | €6,662 | -€8,648 | -56.5% |
| Taxes, remuneration and social security | 45 | €5,405 | €9,559 | +€4,154 | +76.9% |
| Taxes | 450/3 | €5,405 | €9,559 | +€4,154 | +76.9% |
| Other amounts payable | 47/48 | - | €15,000 | +€15,000 | |
| Accrued charges and deferred income | 492/3 | €62 | - | -€62 | |
| Non-recurring operating income | 76A | - | €7,624 | +€7,624 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,582 | €14,053 | -€3,529 | -20.1% |
| Other operating charges | 640/8 | €2,259 | €2,272 | +€13 | +0.6% |
| Gross operating margin | 9900 | €72,190 | €72,113 | -€76 | -0.1% |
| Operating profit (loss) | 9901 | €52,349 | €55,788 | +€3,440 | +6.6% |
| Financial income | 75/76B | €1,638 | €2,960 | +€1,322 | +80.7% |
| Recurring financial income | 75 | €1,638 | €2,960 | +€1,322 | +80.7% |
| Financial charges | 65/66B | €9,441 | €12,501 | +€3,061 | +32.4% |
| Recurring financial charges | 65 | €9,441 | €12,501 | +€3,061 | +32.4% |
| Profit (loss) for the period before taxes | 9903 | €44,546 | €46,247 | +€1,701 | +3.8% |
| Income taxes | 67/77 | €18,405 | €18,812 | +€407 | +2.2% |
| Profit (loss) for the period | 9904 | €26,141 | €27,435 | +€1,293 | +4.9% |
| Profit (loss) for the period to be appropriated | 9905 | €26,141 | €27,435 | +€1,293 | +4.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.