ASSURANCES GEBOTS: 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 GEBOTS
Largest movements
- Cash +€64,339
up €64,339 (+45.1%), from €142,810 to €207,148
mainly Net result for the year (+€59,228) and Depreciation (+€20,462)
- Tangible fixed assets -€18,879
down €18,879 (-25.3%), from €74,679 to €55,800
of which Furniture and vehicles: -€12,679
- Reserves +€59,228
up €59,228 (+41.7%), from €141,962 to €201,190
of which Distributable reserves: +€59,228
- Debts after one year -€12,333
no longer reported in 2025 (was €12,333)
- Gross operating margin +€21,317
up €21,317 (+13.6%), from €157,103 to €178,420
- Taxes +€6,529
up €6,529 (+27.8%), from €23,459 to €29,989
- Financial income -€2,574
no longer reported in 2025 (was €2,574)
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.
Cash bridge derived
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 | €328,020 | €375,658 | +€47,637 | +14.5% |
| Fixed assets | 21/28 | €74,679 | €55,800 | -€18,879 | -25.3% |
| Tangible fixed assets | 22/27 | €74,679 | €55,800 | -€18,879 | -25.3% |
| Plant, machinery and equipment | 23 | €47,774 | €41,574 | -€6,200 | -13.0% |
| Furniture and vehicles | 24 | €26,905 | €14,226 | -€12,679 | -47.1% |
| Current assets | 29/58 | €253,342 | €319,858 | +€66,516 | +26.3% |
| Amounts receivable within one year | 40/41 | €108,258 | €108,635 | +€377 | +0.3% |
| Trade receivables | 40 | - | €655 | +€655 | |
| Other amounts receivable | 41 | €108,258 | €107,980 | -€278 | -0.3% |
| Cash at bank and in hand | 54/58 | €142,810 | €207,148 | +€64,339 | +45.1% |
| Deferred charges and accrued income | 490/1 | €2,274 | €4,075 | +€1,801 | +79.2% |
| Total equity and liabilities | 10/49 | €328,020 | €375,658 | +€47,637 | +14.5% |
| Equity | 10/15 | €269,761 | €328,989 | +€59,228 | +22.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €141,962 | €201,190 | +€59,228 | +41.7% |
| Tax-exempt reserves | 132 | €5,000 | €5,000 | = | 0.0% |
| Distributable reserves | 133 | €136,962 | €196,190 | +€59,228 | +43.2% |
| Profit (loss) carried forward | 14 | €109,200 | €109,200 | = | 0.0% |
| Amounts payable | 17/49 | €58,259 | €46,669 | -€11,591 | -19.9% |
| Amounts payable after more than one year | 17 | €12,333 | - | -€12,333 | |
| Financial debts | 170/4 | €12,333 | - | -€12,333 | |
| Amounts payable within one year | 42/48 | €45,926 | €46,669 | +€743 | +1.6% |
| Current portion of amounts payable after more than one year | 42 | €12,164 | €12,333 | +€169 | +1.4% |
| Financial debts | 43 | €111 | - | -€111 | |
| Credit institutions | 430/8 | €111 | - | -€111 | |
| Trade debts | 44 | €7,966 | €10,766 | +€2,800 | +35.2% |
| Suppliers | 440/4 | €7,966 | €10,766 | +€2,800 | +35.2% |
| Taxes, remuneration and social security | 45 | €24,823 | €23,128 | -€1,696 | -6.8% |
| Taxes | 450/3 | €9,436 | €9,489 | +€53 | +0.6% |
| Remuneration and social security | 454/9 | €15,387 | €13,638 | -€1,749 | -11.4% |
| Other amounts payable | 47/48 | €862 | €442 | -€420 | -48.7% |
| Remuneration, social security and pensions | 62 | €67,962 | €67,821 | -€141 | -0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,146 | €20,462 | +€316 | +1.6% |
| Other operating charges | 640/8 | €485 | €615 | +€130 | +26.8% |
| Gross operating margin | 9900 | €157,103 | €178,420 | +€21,317 | +13.6% |
| Operating profit (loss) | 9901 | €68,511 | €89,523 | +€21,012 | +30.7% |
| Financial income | 75/76B | €2,574 | - | -€2,574 | |
| Recurring financial income | 75 | €2,574 | - | -€2,574 | |
| Financial charges | 65/66B | €492 | €306 | -€186 | -37.7% |
| Recurring financial charges | 65 | €492 | €306 | -€186 | -37.7% |
| Profit (loss) for the period before taxes | 9903 | €70,592 | €89,217 | +€18,624 | +26.4% |
| Income taxes | 67/77 | €23,459 | €29,989 | +€6,529 | +27.8% |
| Profit (loss) for the period | 9904 | €47,133 | €59,228 | +€12,095 | +25.7% |
| Profit (loss) for the period to be appropriated | 9905 | €47,133 | €59,228 | +€12,095 | +25.7% |
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 10 October 2026 via checked.be.