ASSURANCES MAGNUS: what changed
What changed
ASSURANCES MAGNUS
NACE 66.220, Insurance agents and brokers
filed annual accounts (NBB)
Net result for the year
€322,975
2024 · €252,970+€70,006
Equity
€1.1m
2024 · €732,683+€322,975
Cash
€31,449
2024 · €38,024-€6,576
Balance sheet total
€1.7m
2024 · €1.7m+€38,433
Largest movements
Assets
- Receivables within one year +€49,271
up €49,271 (+193%), from €25,502 to €74,773
of which Trade receivables: +€41,718
Equity and liabilities
- Reserves +€322,975
up €322,975 (+44.8%), from €720,283 to €1.0m
- Debts after one year -€186,332
down €186,332 (-51.8%), from €359,625 to €173,293
- Other debts -€50,509
down €50,509 (-63.0%), from €80,188 to €29,679
- Tax, wage and social debts -€24,531
down €24,531 (-22.2%), from €110,421 to €85,890
of which Taxes: -€13,134
Income statement
- Gross operating margin +€168,885
up €168,885 (+18.2%), from €930,355 to €1.1m
- Other operating charges +€48,029
up €48,029 (+381%), from €12,620 to €60,649
- Taxes +€34,971
up €34,971 (+29.2%), from €119,855 to €154,826
- Staff costs +€23,792
up €23,792 (+6.7%), from €354,853 to €378,645
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€252,970
Gross operating margin
+€168,885
Staff costs
-€23,792
Depreciation
+€7,465
Other operating charges
-€48,029
Other operating items
+€15
Financial income
+€17
Financial charges
+€417
Taxes
-€34,971
Result 2025
€322,975
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€363,185
Investment
-€166,535
Financing
-€203,226
Cash 2024
€38,024
From operations (derived)
+€363,185
Net result for the year
+€322,975
Depreciation
+€174,490
Receivables within one year
-€49,271
Deferred charges and accrued income
-€3,692
Trade debts
-€8,601
Tax, wage and social debts
-€24,531
Other debts
-€50,509
Accrued charges and deferred income
+€2,325
Investment (derived)
-€166,535
Investment in fixed assets (net)
-€166,535
Financing
-€203,226
Debts after one year
-€186,332
Current portion of long-term debt
-€16,894
Cash 2025
€31,449
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,652,478 | €1,690,912 | +€38,433 | +2.3% |
| Fixed assets | 21/28 | €1,578,286 | €1,570,331 | -€7,955 | -0.5% |
| Intangible fixed assets | 21 | €494 | - | -€494 | |
| Tangible fixed assets | 22/27 | €1,577,326 | €1,569,865 | -€7,461 | -0.5% |
| Land and buildings | 22 | €1,436,595 | €1,376,341 | -€60,254 | -4.2% |
| Plant, machinery and equipment | 23 | €1,789 | €1,286 | -€503 | -28.1% |
| Furniture and vehicles | 24 | €101,266 | €69,219 | -€32,047 | -31.6% |
| Other tangible fixed assets | 26 | €37,675 | €123,018 | +€85,343 | +227% |
| Financial fixed assets | 28 | €467 | €467 | = | 0.0% |
| Current assets | 29/58 | €74,192 | €120,580 | +€46,388 | +62.5% |
| Amounts receivable within one year | 40/41 | €25,502 | €74,773 | +€49,271 | +193% |
| Trade receivables | 40 | €3,572 | €45,289 | +€41,718 | +1,168% |
| Other amounts receivable | 41 | €21,930 | €29,484 | +€7,553 | +34.4% |
| Cash at bank and in hand | 54/58 | €38,024 | €31,449 | -€6,576 | -17.3% |
| Deferred charges and accrued income | 490/1 | €10,666 | €14,359 | +€3,692 | +34.6% |
| Total equity and liabilities | 10/49 | €1,652,478 | €1,690,912 | +€38,433 | +2.3% |
| Equity | 10/15 | €732,683 | €1,055,658 | +€322,975 | +44.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €720,283 | €1,043,258 | +€322,975 | +44.8% |
| Distributable reserves | 133 | €720,283 | €1,043,258 | +€322,975 | +44.8% |
| Amounts payable | 17/49 | €919,795 | €635,253 | -€284,542 | -30.9% |
| Amounts payable after more than one year | 17 | €359,625 | €173,293 | -€186,332 | -51.8% |
| Financial debts | 170/4 | €359,625 | €173,293 | -€186,332 | -51.8% |
| Amounts payable within one year | 42/48 | €544,822 | €444,287 | -€100,535 | -18.5% |
| Current portion of amounts payable after more than one year | 42 | €316,925 | €300,031 | -€16,894 | -5.3% |
| Trade debts | 44 | €37,288 | €28,687 | -€8,601 | -23.1% |
| Suppliers | 440/4 | €37,288 | €28,687 | -€8,601 | -23.1% |
| Taxes, remuneration and social security | 45 | €110,421 | €85,890 | -€24,531 | -22.2% |
| Taxes | 450/3 | €58,438 | €45,303 | -€13,134 | -22.5% |
| Remuneration and social security | 454/9 | €51,983 | €40,586 | -€11,397 | -21.9% |
| Other amounts payable | 47/48 | €80,188 | €29,679 | -€50,509 | -63.0% |
| Accrued charges and deferred income | 492/3 | €15,349 | €17,674 | +€2,325 | +15.1% |
| Remuneration, social security and pensions | 62 | €354,853 | €378,645 | +€23,792 | +6.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €181,954 | €174,490 | -€7,465 | -4.1% |
| Other operating charges | 640/8 | €12,620 | €60,649 | +€48,029 | +381% |
| Non-recurring operating charges | 66A | €15 | - | -€15 | |
| Gross operating margin | 9900 | €930,355 | €1,099,239 | +€168,885 | +18.2% |
| Operating profit (loss) | 9901 | €380,913 | €485,456 | +€104,543 | +27.4% |
| Financial income | 75/76B | - | €17 | +€17 | |
| Recurring financial income | 75 | - | €17 | +€17 | |
| Financial charges | 65/66B | €8,088 | €7,671 | -€417 | -5.2% |
| Recurring financial charges | 65 | €8,088 | €7,671 | -€417 | -5.2% |
| Profit (loss) for the period before taxes | 9903 | €372,825 | €477,801 | +€104,976 | +28.2% |
| Income taxes | 67/77 | €119,855 | €154,826 | +€34,971 | +29.2% |
| Profit (loss) for the period | 9904 | €252,970 | €322,975 | +€70,006 | +27.7% |
| Profit (loss) for the period to be appropriated | 9905 | €252,970 | €322,975 | +€70,006 | +27.7% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.