ASSURANCES GHISLAIN: 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 GHISLAIN
Largest movements
- Cash +€16,689
up €16,689 (+30.1%), from €55,503 to €72,192
mainly Deferred charges and accrued income (+€8,884) and Other debts (+€6,008)
- Deferred charges and accrued income -€8,884
down €8,884 (-70.4%), from €12,612 to €3,728
- Tangible fixed assets +€1,243
up €1,243 (+607%), from €205 to €1,448
of which Plant, machinery and equipment: +€1,448
- Other debts +€6,008
up €6,008 (+431%), from €1,395 to €7,404
- Reserves +€2,424
up €2,424 (+3.5%), from €69,724 to €72,148
- Gross operating margin -€696
down €696 (-14.5%), from €4,803 to €4,106
- Depreciation +€282
up €282 (+138%), from €205 to €487
- Financial charges -€137
down €137 (-39.4%), from €348 to €211
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 | €115,018 | €124,066 | +€9,048 | +7.9% |
| Fixed assets | 21/28 | €46,903 | €48,146 | +€1,243 | +2.6% |
| Intangible fixed assets | 21 | €46,427 | €46,427 | = | 0.0% |
| Tangible fixed assets | 22/27 | €205 | €1,448 | +€1,243 | +607% |
| Plant, machinery and equipment | 23 | - | €1,448 | +€1,448 | |
| Furniture and vehicles | 24 | €205 | - | -€205 | |
| Financial fixed assets | 28 | €271 | €271 | = | 0.0% |
| Current assets | 29/58 | €68,115 | €75,920 | +€7,805 | +11.5% |
| Cash at bank and in hand | 54/58 | €55,503 | €72,192 | +€16,689 | +30.1% |
| Deferred charges and accrued income | 490/1 | €12,612 | €3,728 | -€8,884 | -70.4% |
| Total equity and liabilities | 10/49 | €115,018 | €124,066 | +€9,048 | +7.9% |
| Equity | 10/15 | €109,439 | €111,863 | +€2,424 | +2.2% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €69,724 | €72,148 | +€2,424 | +3.5% |
| Distributable reserves | 133 | €69,724 | €72,148 | +€2,424 | +3.5% |
| Profit (loss) carried forward | 14 | €21,123 | €21,123 | = | 0.0% |
| Amounts payable | 17/49 | €5,579 | €12,202 | +€6,623 | +119% |
| Amounts payable within one year | 42/48 | €5,579 | €12,202 | +€6,623 | +119% |
| Trade debts | 44 | €677 | €1,463 | +€786 | +116% |
| Suppliers | 440/4 | €677 | €1,463 | +€786 | +116% |
| Taxes, remuneration and social security | 45 | €3,507 | €3,335 | -€171 | -4.9% |
| Taxes | 450/3 | €1,132 | €946 | -€186 | -16.4% |
| Remuneration and social security | 454/9 | €2,375 | €2,389 | +€14 | +0.6% |
| Other amounts payable | 47/48 | €1,395 | €7,404 | +€6,008 | +431% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €205 | €487 | +€282 | +138% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €4,803 | €4,106 | -€696 | -14.5% |
| Operating profit (loss) | 9901 | €4,210 | €3,219 | -€991 | -23.5% |
| Financial income | 75/76B | €557 | €517 | -€40 | -7.1% |
| Recurring financial income | 75 | €557 | €517 | -€40 | -7.1% |
| Financial charges | 65/66B | €348 | €211 | -€137 | -39.4% |
| Recurring financial charges | 65 | €348 | €211 | -€137 | -39.4% |
| Profit (loss) for the period before taxes | 9903 | €4,419 | €3,525 | -€894 | -20.2% |
| Income taxes | 67/77 | €1,130 | €1,101 | -€29 | -2.5% |
| Profit (loss) for the period | 9904 | €3,289 | €2,424 | -€865 | -26.3% |
| Profit (loss) for the period to be appropriated | 9905 | €3,289 | €2,424 | -€865 | -26.3% |
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 26 October 2026 via checked.be.