ASSURCARD: 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.
ASSURCARD
Largest movements
- Receivables within one year +€247,380
up €247,380 (+56.3%), from €439,169 to €686,548
of which Trade receivables: +€211,719
- Intangible fixed assets -€204,242
down €204,242 (-100.0%), from €204,242 to €0
- Cash -€133,053
down €133,053 (-24.0%), from €553,864 to €420,811
mainly Receivables within one year (-€247,380) and Current investments (-€119,000)
- Current investments +€119,000
up €119,000 (+4.3%), from €2.8m to €2.9m
- Profit (loss) carried forward +€85,350
up €85,350 (+3.5%), from €2.4m to €2.5m
- Provisions -€44,057
down €44,057 (-29.6%), from €148,614 to €104,558
- Provisions -€192,671
down €192,671, from €148,614 to -€44,057
- Staff costs +€111,586
up €111,586 (+16.6%), from €672,114 to €783,700
- Depreciation -€94,553
down €94,553 (-83.6%), from €113,121 to €18,568
- Gross operating margin +€13,110
up €13,110 (+1.2%), from €1.1m to €1.1m
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 | €4,040,821 | €4,046,732 | +€5,911 | +0.1% |
| Fixed assets | 21/28 | €276,564 | €54,713 | -€221,851 | -80.2% |
| Intangible fixed assets | 21 | €204,242 | €0 | -€204,242 | -100.0% |
| Tangible fixed assets | 22/27 | €72,322 | €54,713 | -€17,609 | -24.3% |
| Land and buildings | 22 | €4,559 | €3,590 | -€969 | -21.3% |
| Plant, machinery and equipment | 23 | €10,520 | €4,777 | -€5,743 | -54.6% |
| Furniture and vehicles | 24 | €57,243 | €46,346 | -€10,897 | -19.0% |
| Current assets | 29/58 | €3,764,257 | €3,992,019 | +€227,762 | +6.1% |
| Amounts receivable within one year | 40/41 | €439,169 | €686,548 | +€247,380 | +56.3% |
| Trade receivables | 40 | €439,169 | €650,888 | +€211,719 | +48.2% |
| Other amounts receivable | 41 | - | €35,661 | +€35,661 | |
| Current investments | 50/53 | €2,750,000 | €2,869,000 | +€119,000 | +4.3% |
| Cash at bank and in hand | 54/58 | €553,864 | €420,811 | -€133,053 | -24.0% |
| Deferred charges and accrued income | 490/1 | €21,224 | €15,660 | -€5,564 | -26.2% |
| Total equity and liabilities | 10/49 | €4,040,821 | €4,046,732 | +€5,911 | +0.1% |
| Equity | 10/15 | €3,268,965 | €3,354,314 | +€85,350 | +2.6% |
| Contributions | 10/11 | €740,008 | €740,008 | = | 0.0% |
| Capital | 10 | €450,000 | €450,000 | = | 0.0% |
| Issued capital | 100 | €450,000 | €450,000 | = | 0.0% |
| Contributions outside capital | 11 | €290,008 | €290,008 | = | 0.0% |
| Share premium | 1100/10 | €290,008 | €290,008 | = | 0.0% |
| Reserves | 13 | €123,441 | €123,441 | = | 0.0% |
| Non-distributable reserves | 130/1 | €123,441 | €123,441 | = | 0.0% |
| Legal reserve | 130 | €123,441 | €123,441 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,405,516 | €2,490,866 | +€85,350 | +3.5% |
| Provisions and deferred taxes | 16 | €148,614 | €104,558 | -€44,057 | -29.6% |
| Provisions for liabilities and charges | 160/5 | €148,614 | €104,558 | -€44,057 | -29.6% |
| Other liabilities and charges | 164/5 | €148,614 | €104,558 | -€44,057 | -29.6% |
| Amounts payable | 17/49 | €623,242 | €587,860 | -€35,382 | -5.7% |
| Amounts payable within one year | 42/48 | €586,713 | €557,860 | -€28,853 | -4.9% |
| Trade debts | 44 | €417,065 | €376,747 | -€40,319 | -9.7% |
| Suppliers | 440/4 | €417,065 | €376,747 | -€40,319 | -9.7% |
| Taxes, remuneration and social security | 45 | €102,147 | €113,613 | +€11,466 | +11.2% |
| Taxes | 450/3 | €30,423 | €17,861 | -€12,562 | -41.3% |
| Remuneration and social security | 454/9 | €71,725 | €95,752 | +€24,028 | +33.5% |
| Other amounts payable | 47/48 | €67,500 | €67,500 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €36,530 | €30,000 | -€6,530 | -17.9% |
| Remuneration, social security and pensions | 62 | €672,114 | €783,700 | +€111,586 | +16.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €113,121 | €18,568 | -€94,553 | -83.6% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €148,614 | -€44,057 | -€192,671 | |
| Other operating charges | 640/8 | €14,474 | €5,682 | -€8,791 | -60.7% |
| Non-recurring operating charges | 66A | €4,000 | €206,581 | +€202,581 | +5064.5% |
| Gross operating margin | 9900 | €1,110,442 | €1,123,552 | +€13,110 | +1.2% |
| Operating profit (loss) | 9901 | €158,119 | €153,077 | -€5,042 | -3.2% |
| Financial income | 75/76B | €70,716 | €67,242 | -€3,474 | -4.9% |
| Recurring financial income | 75 | €70,716 | €67,242 | -€3,474 | -4.9% |
| Financial charges | 65/66B | €7,667 | €8,138 | +€471 | +6.1% |
| Recurring financial charges | 65 | €7,667 | €8,138 | +€471 | +6.1% |
| Profit (loss) for the period before taxes | 9903 | €221,167 | €212,180 | -€8,987 | -4.1% |
| Income taxes | 67/77 | €58,461 | €59,330 | +€869 | +1.5% |
| Profit (loss) for the period | 9904 | €162,706 | €152,850 | -€9,856 | -6.1% |
| Profit (loss) for the period to be appropriated | 9905 | €162,706 | €152,850 | -€9,856 | -6.1% |
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 12 October 2026 via checked.be.