ASSURANCES G: 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 G
Largest movements
- Tangible fixed assets -€66,379
down €66,379 (-7.1%), from €930,282 to €863,903
of which Land and buildings: -€33,682
- Cash +€52,506
up €52,506 (+42.2%), from €124,305 to €176,811
mainly Net result for the year (+€77,579) and Depreciation (+€66,379)
- Reserves +€106,579
up €106,579 (+18.5%), from €576,243 to €682,822
- Debts after one year -€58,616
down €58,616 (-30.5%), from €192,293 to €133,677
- Profit (loss) carried forward -€29,000
down €29,000 (-97.0%), from €29,894 to €894
- Other debts -€28,886
down €28,886 (-5.4%), from €534,646 to €505,759
- Gross operating margin +€43,943
up €43,943 (+27.0%), from €162,973 to €206,915
- Staff costs +€42,331
no longer reported in 2025 (was -€42,331)
- Taxes +€15,777
up €15,777 (+69.5%), from €22,703 to €38,480
- Depreciation -€13,252
down €13,252 (-16.6%), from €79,631 to €66,379
- Other operating charges -€12,120
down €12,120 (-65.1%), from €18,630 to €6,511
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 | €1,507,513 | €1,496,049 | -€11,465 | -0.8% |
| Fixed assets | 21/28 | €930,282 | €863,903 | -€66,379 | -7.1% |
| Tangible fixed assets | 22/27 | €930,282 | €863,903 | -€66,379 | -7.1% |
| Land and buildings | 22 | €808,281 | €774,599 | -€33,682 | -4.2% |
| Plant, machinery and equipment | 23 | €973 | €483 | -€490 | -50.4% |
| Furniture and vehicles | 24 | €9,517 | €3,247 | -€6,270 | -65.9% |
| Other tangible fixed assets | 26 | €111,512 | €85,574 | -€25,938 | -23.3% |
| Current assets | 29/58 | €577,231 | €632,146 | +€54,915 | +9.5% |
| Amounts receivable after more than one year | 29 | €200,000 | €200,000 | = | 0.0% |
| Other amounts receivable | 291 | €200,000 | €200,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €240,479 | €247,334 | +€6,855 | +2.9% |
| Other amounts receivable | 41 | €240,479 | €247,334 | +€6,855 | +2.9% |
| Cash at bank and in hand | 54/58 | €124,305 | €176,811 | +€52,506 | +42.2% |
| Deferred charges and accrued income | 490/1 | €12,446 | €8,000 | -€4,446 | -35.7% |
| Total equity and liabilities | 10/49 | €1,507,513 | €1,496,049 | -€11,465 | -0.8% |
| Equity | 10/15 | €686,036 | €763,615 | +€77,579 | +11.3% |
| Contributions | 10/11 | €79,900 | €79,900 | = | 0.0% |
| Reserves | 13 | €576,243 | €682,822 | +€106,579 | +18.5% |
| Distributable reserves | 133 | €576,243 | €682,822 | +€106,579 | +18.5% |
| Profit (loss) carried forward | 14 | €29,894 | €894 | -€29,000 | -97.0% |
| Amounts payable | 17/49 | €821,477 | €732,434 | -€89,043 | -10.8% |
| Amounts payable after more than one year | 17 | €192,293 | €133,677 | -€58,616 | -30.5% |
| Financial debts | 170/4 | €192,293 | €133,677 | -€58,616 | -30.5% |
| Amounts payable within one year | 42/48 | €618,655 | €588,257 | -€30,399 | -4.9% |
| Current portion of amounts payable after more than one year | 42 | €65,740 | €64,518 | -€1,222 | -1.9% |
| Trade debts | 44 | €13,758 | - | -€13,758 | |
| Suppliers | 440/4 | €13,758 | - | -€13,758 | |
| Taxes, remuneration and social security | 45 | €4,512 | €17,980 | +€13,467 | +298% |
| Taxes | 450/3 | €4,512 | €17,980 | +€13,467 | +298% |
| Other amounts payable | 47/48 | €534,646 | €505,759 | -€28,886 | -5.4% |
| Accrued charges and deferred income | 492/3 | €10,529 | €10,500 | -€29 | -0.3% |
| Remuneration, social security and pensions | 62 | -€42,331 | - | +€42,331 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €79,631 | €66,379 | -€13,252 | -16.6% |
| Other operating charges | 640/8 | €18,630 | €6,511 | -€12,120 | -65.1% |
| Gross operating margin | 9900 | €162,973 | €206,915 | +€43,943 | +27.0% |
| Operating profit (loss) | 9901 | €107,042 | €134,025 | +€26,983 | +25.2% |
| Financial income | 75/76B | €8,338 | €8,000 | -€338 | -4.0% |
| Recurring financial income | 75 | €8,338 | €8,000 | -€338 | -4.0% |
| Financial charges | 65/66B | €31,070 | €25,967 | -€5,103 | -16.4% |
| Recurring financial charges | 65 | €31,070 | €25,967 | -€5,103 | -16.4% |
| Profit (loss) for the period before taxes | 9903 | €84,310 | €116,059 | +€31,749 | +37.7% |
| Income taxes | 67/77 | €22,703 | €38,480 | +€15,777 | +69.5% |
| Profit (loss) for the period | 9904 | €61,607 | €77,579 | +€15,972 | +25.9% |
| Profit (loss) for the period to be appropriated | 9905 | €61,607 | €77,579 | +€15,972 | +25.9% |
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.