ASSURAN: 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.
ASSURAN
Largest movements
- Intangible fixed assets -€158,812
down €158,812 (-22.7%), from €700,420 to €541,608
- Current investments -€100,000
no longer reported in 2025 (was €100,000)
- Cash +€84,713
up €84,713 (+125%), from €67,728 to €152,441
mainly Depreciation (+€102,400) and Current investments (+€100,000)
- Receivables within one year +€22,391
up €22,391 (+54.2%), from €41,321 to €63,713
- Tangible fixed assets -€13,513
down €13,513 (-22.6%), from €59,845 to €46,332
of which Furniture and vehicles: -€12,091
- Debts after one year -€132,158
down €132,158 (-27.8%), from €476,154 to €343,996
- Reserves -€94,047
down €94,047 (-39.7%), from €236,864 to €142,817
- Other debts +€76,719
up €76,719 (+330%), from €23,281 to €100,000
- Tax, wage and social debts -€18,134
down €18,134 (-51.9%), from €34,969 to €16,835
of which Taxes: -€17,082
- Taxes -€24,060
down €24,060 (-64.9%), from €37,082 to €13,021
- Depreciation +€13,560
up €13,560 (+15.3%), from €88,840 to €102,400
- Other operating charges +€13,205
up €13,205 (+578%), from €2,283 to €15,488
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 | €969,314 | €804,094 | -€165,221 | -17.0% |
| Fixed assets | 21/28 | €760,265 | €587,940 | -€172,325 | -22.7% |
| Intangible fixed assets | 21 | €700,420 | €541,608 | -€158,812 | -22.7% |
| Tangible fixed assets | 22/27 | €59,845 | €46,332 | -€13,513 | -22.6% |
| Land and buildings | 22 | €11,007 | €9,585 | -€1,422 | -12.9% |
| Furniture and vehicles | 24 | €48,838 | €36,747 | -€12,091 | -24.8% |
| Current assets | 29/58 | €209,049 | €216,153 | +€7,104 | +3.4% |
| Amounts receivable within one year | 40/41 | €41,321 | €63,713 | +€22,391 | +54.2% |
| Other amounts receivable | 41 | €41,321 | €63,713 | +€22,391 | +54.2% |
| Current investments | 50/53 | €100,000 | - | -€100,000 | |
| Cash at bank and in hand | 54/58 | €67,728 | €152,441 | +€84,713 | +125% |
| Total equity and liabilities | 10/49 | €969,314 | €804,094 | -€165,221 | -17.0% |
| Equity | 10/15 | €242,861 | €148,814 | -€94,047 | -38.7% |
| Contributions | 10/11 | €5,997 | €5,997 | = | 0.0% |
| Reserves | 13 | €236,864 | €142,817 | -€94,047 | -39.7% |
| Distributable reserves | 133 | €236,864 | €142,817 | -€94,047 | -39.7% |
| Amounts payable | 17/49 | €726,454 | €655,280 | -€71,174 | -9.8% |
| Amounts payable after more than one year | 17 | €476,154 | €343,996 | -€132,158 | -27.8% |
| Financial debts | 170/4 | €476,154 | €343,996 | -€132,158 | -27.8% |
| Amounts payable within one year | 42/48 | €250,300 | €311,283 | +€60,984 | +24.4% |
| Current portion of amounts payable after more than one year | 42 | €130,338 | €132,158 | +€1,819 | +1.4% |
| Trade debts | 44 | €61,711 | €62,290 | +€580 | +0.9% |
| Suppliers | 440/4 | €61,711 | €62,290 | +€580 | +0.9% |
| Taxes, remuneration and social security | 45 | €34,969 | €16,835 | -€18,134 | -51.9% |
| Taxes | 450/3 | €17,082 | - | -€17,082 | |
| Remuneration and social security | 454/9 | €17,888 | €16,835 | -€1,053 | -5.9% |
| Other amounts payable | 47/48 | €23,281 | €100,000 | +€76,719 | +330% |
| Non-recurring operating income | 76A | €560 | - | -€560 | |
| Remuneration, social security and pensions | 62 | €130,274 | €130,857 | +€583 | +0.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €88,840 | €102,400 | +€13,560 | +15.3% |
| Other operating charges | 640/8 | €2,283 | €15,488 | +€13,205 | +578% |
| Non-recurring operating charges | 66A | - | €71,522 | +€71,522 | |
| Gross operating margin | 9900 | €365,073 | €363,770 | -€1,303 | -0.4% |
| Operating profit (loss) | 9901 | €143,676 | €43,503 | -€100,173 | -69.7% |
| Financial income | 75/76B | €138 | €996 | +€858 | +620% |
| Recurring financial income | 75 | €138 | €996 | +€858 | +620% |
| Financial charges | 65/66B | €9,648 | €7,878 | -€1,770 | -18.4% |
| Recurring financial charges | 65 | €9,648 | €7,878 | -€1,770 | -18.4% |
| Profit (loss) for the period before taxes | 9903 | €134,167 | €36,622 | -€97,545 | -72.7% |
| Income taxes | 67/77 | €37,082 | €13,021 | -€24,060 | -64.9% |
| Profit (loss) for the period | 9904 | €97,085 | €23,600 | -€73,485 | -75.7% |
| Profit (loss) for the period to be appropriated | 9905 | €97,085 | €23,600 | -€73,485 | -75.7% |
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 15 October 2026 via checked.be.