Assurances Bougard: 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.
Assurances Bougard
Largest movements
- Cash -€66,982
down €66,982 (-39.2%), from €170,795 to €103,813
mainly Debts after one year (-€98,158) and Other debts (-€93,491)
- Tangible fixed assets -€40,883
down €40,883 (-5.0%), from €821,030 to €780,147
of which Land and buildings: -€26,955
- Receivables within one year +€14,702
up €14,702 (+17.3%), from €84,992 to €99,694
of which Trade receivables: +€14,014
- Debts after one year -€98,158
down €98,158 (-24.4%), from €402,866 to €304,708
- Other debts -€93,491
down €93,491 (-44.4%), from €210,745 to €117,255
- Tax, wage and social debts +€60,166
up €60,166 (+60.0%), from €100,251 to €160,417
of which Taxes: +€57,445
- Profit (loss) carried forward +€56,461
up €56,461 (+77.6%), from €72,780 to €129,241
- Current portion of long-term debt -€12,403
down €12,403 (-11.2%), from €110,561 to €98,158
- Gross operating margin -€47,934
down €47,934 (-6.6%), from €730,537 to €682,604
- Staff costs -€44,314
down €44,314 (-9.2%), from €480,177 to €435,864
- Taxes +€13,047
up €13,047 (+30.5%), from €42,770 to €55,816
- Financial charges -€11,844
down €11,844 (-46.3%), from €25,582 to €13,738
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 | €1,102,171 | €1,002,646 | -€99,525 | -9.0% |
| Fixed assets | 21/28 | €836,064 | €792,413 | -€43,651 | -5.2% |
| Intangible fixed assets | 21 | €12,036 | €9,268 | -€2,768 | -23.0% |
| Tangible fixed assets | 22/27 | €821,030 | €780,147 | -€40,883 | -5.0% |
| Land and buildings | 22 | €797,173 | €770,218 | -€26,955 | -3.4% |
| Furniture and vehicles | 24 | €23,857 | €9,930 | -€13,927 | -58.4% |
| Financial fixed assets | 28 | €2,998 | €2,998 | = | 0.0% |
| Current assets | 29/58 | €266,107 | €210,233 | -€55,874 | -21.0% |
| Amounts receivable within one year | 40/41 | €84,992 | €99,694 | +€14,702 | +17.3% |
| Trade receivables | 40 | €71,667 | €85,681 | +€14,014 | +19.6% |
| Other amounts receivable | 41 | €13,325 | €14,013 | +€689 | +5.2% |
| Cash at bank and in hand | 54/58 | €170,795 | €103,813 | -€66,982 | -39.2% |
| Deferred charges and accrued income | 490/1 | €10,320 | €6,726 | -€3,595 | -34.8% |
| Total equity and liabilities | 10/49 | €1,102,171 | €1,002,646 | -€99,525 | -9.0% |
| Equity | 10/15 | €213,473 | €269,933 | +€56,461 | +26.4% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | - | €62,000 | +€62,000 | |
| Issued capital | 100 | - | €62,000 | +€62,000 | |
| Contributions outside capital | 11 | €62,000 | - | -€62,000 | |
| Other | 1109/19 | €62,000 | - | -€62,000 | |
| Reserves | 13 | €78,692 | €78,692 | = | 0.0% |
| Non-distributable reserves | 130/1 | - | €6,200 | +€6,200 | |
| Legal reserve | 130 | - | €6,200 | +€6,200 | |
| Distributable reserves | 133 | €78,692 | €72,492 | -€6,200 | -7.9% |
| Profit (loss) carried forward | 14 | €72,780 | €129,241 | +€56,461 | +77.6% |
| Amounts payable | 17/49 | €888,699 | €732,713 | -€155,986 | -17.6% |
| Amounts payable after more than one year | 17 | €402,866 | €304,708 | -€98,158 | -24.4% |
| Financial debts | 170/4 | €402,866 | €304,708 | -€98,158 | -24.4% |
| Amounts payable within one year | 42/48 | €479,472 | €422,355 | -€57,117 | -11.9% |
| Current portion of amounts payable after more than one year | 42 | €110,561 | €98,158 | -€12,403 | -11.2% |
| Trade debts | 44 | €57,915 | €46,526 | -€11,389 | -19.7% |
| Suppliers | 440/4 | €57,915 | €46,526 | -€11,389 | -19.7% |
| Taxes, remuneration and social security | 45 | €100,251 | €160,417 | +€60,166 | +60.0% |
| Taxes | 450/3 | €48,401 | €105,846 | +€57,445 | +119% |
| Remuneration and social security | 454/9 | €51,850 | €54,571 | +€2,721 | +5.2% |
| Other amounts payable | 47/48 | €210,745 | €117,255 | -€93,491 | -44.4% |
| Accrued charges and deferred income | 492/3 | €6,361 | €5,650 | -€711 | -11.2% |
| Remuneration, social security and pensions | 62 | €480,177 | €435,864 | -€44,314 | -9.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €52,588 | €52,609 | +€22 | 0.0% |
| Other operating charges | 640/8 | €11,786 | €18,489 | +€6,703 | +56.9% |
| Non-recurring operating charges | 66A | - | €847 | +€847 | |
| Gross operating margin | 9900 | €730,537 | €682,604 | -€47,934 | -6.6% |
| Operating profit (loss) | 9901 | €185,987 | €174,795 | -€11,192 | -6.0% |
| Financial income | 75/76B | €145 | €1,220 | +€1,075 | +741% |
| Recurring financial income | 75 | €145 | €1,220 | +€1,075 | +741% |
| Financial charges | 65/66B | €25,582 | €13,738 | -€11,844 | -46.3% |
| Recurring financial charges | 65 | €25,582 | €13,738 | -€11,844 | -46.3% |
| Profit (loss) for the period before taxes | 9903 | €160,550 | €162,277 | +€1,727 | +1.1% |
| Income taxes | 67/77 | €42,770 | €55,816 | +€13,047 | +30.5% |
| Profit (loss) for the period | 9904 | €117,780 | €106,461 | -€11,320 | -9.6% |
| Profit (loss) for the period to be appropriated | 9905 | €117,780 | €106,461 | -€11,320 | -9.6% |
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 29 October 2026 via checked.be.