ASSURCO: 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.
ASSURCO
Largest movements
- Receivables within one year -€34,882
down €34,882 (-8.2%), from €427,601 to €392,719
of which Other amounts receivable: -€36,738
- Tangible fixed assets -€12,280
down €12,280 (-6.0%), from €206,327 to €194,047
of which Land and buildings: -€7,532
- Debts after one year -€58,861
down €58,861 (-44.0%), from €133,877 to €75,016
- Profit (loss) carried forward +€21,145
up €21,145 (+5.4%), from €394,267 to €415,412
- Taxes -€11,358
down €11,358 (-58.9%), from €19,284 to €7,926
- Gross operating margin -€4,938
down €4,938 (-8.9%), from €55,421 to €50,483
- Other operating charges +€2,163
up €2,163 (+95.7%), from €2,260 to €4,423
- Financial charges +€1,694
up €1,694 (+56.2%), from €3,015 to €4,709
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,063,943 | €1,017,995 | -€45,947 | -4.3% |
| Fixed assets | 21/28 | €636,327 | €624,047 | -€12,280 | -1.9% |
| Tangible fixed assets | 22/27 | €206,327 | €194,047 | -€12,280 | -6.0% |
| Land and buildings | 22 | €79,235 | €71,703 | -€7,532 | -9.5% |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Other tangible fixed assets | 26 | €125,492 | €120,744 | -€4,748 | -3.8% |
| Assets under construction and advance payments | 27 | €1,600 | €1,600 | = | 0.0% |
| Financial fixed assets | 28 | €430,000 | €430,000 | = | 0.0% |
| Current assets | 29/58 | €427,615 | €393,948 | -€33,667 | -7.9% |
| Amounts receivable within one year | 40/41 | €427,601 | €392,719 | -€34,882 | -8.2% |
| Trade receivables | 40 | €30,269 | €32,124 | +€1,856 | +6.1% |
| Other amounts receivable | 41 | €397,333 | €360,595 | -€36,738 | -9.2% |
| Cash at bank and in hand | 54/58 | €14 | €1,229 | +€1,214 | +8,492% |
| Total equity and liabilities | 10/49 | €1,063,943 | €1,017,995 | -€45,947 | -4.3% |
| Equity | 10/15 | €431,650 | €452,794 | +€21,145 | +4.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €18,782 | €18,782 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €16,922 | €16,922 | = | 0.0% |
| Profit (loss) carried forward | 14 | €394,267 | €415,412 | +€21,145 | +5.4% |
| Provisions and deferred taxes | 16 | €8,714 | €8,714 | = | 0.0% |
| Deferred taxes | 168 | €8,714 | €8,714 | = | 0.0% |
| Amounts payable | 17/49 | €623,579 | €556,487 | -€67,092 | -10.8% |
| Amounts payable after more than one year | 17 | €133,877 | €75,016 | -€58,861 | -44.0% |
| Financial debts | 170/4 | €133,877 | €75,016 | -€58,861 | -44.0% |
| Amounts payable within one year | 42/48 | €489,702 | €480,599 | -€9,103 | -1.9% |
| Current portion of amounts payable after more than one year | 42 | €56,868 | €58,861 | +€1,993 | +3.5% |
| Trade debts | 44 | €19,627 | €19,329 | -€298 | -1.5% |
| Suppliers | 440/4 | €19,627 | €19,329 | -€298 | -1.5% |
| Taxes, remuneration and social security | 45 | €144,762 | €144,553 | -€209 | -0.1% |
| Taxes | 450/3 | €144,762 | €144,553 | -€209 | -0.1% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €268,444 | €257,855 | -€10,588 | -3.9% |
| Accrued charges and deferred income | 492/3 | - | €872 | +€872 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,280 | €12,280 | = | 0.0% |
| Other operating charges | 640/8 | €2,260 | €4,423 | +€2,163 | +95.7% |
| Gross operating margin | 9900 | €55,421 | €50,483 | -€4,938 | -8.9% |
| Operating profit (loss) | 9901 | €40,880 | €33,779 | -€7,101 | -17.4% |
| Financial charges | 65/66B | €3,015 | €4,709 | +€1,694 | +56.2% |
| Recurring financial charges | 65 | €3,015 | €4,709 | +€1,694 | +56.2% |
| Profit (loss) for the period before taxes | 9903 | €37,866 | €29,071 | -€8,795 | -23.2% |
| Income taxes | 67/77 | €19,284 | €7,926 | -€11,358 | -58.9% |
| Profit (loss) for the period | 9904 | €18,581 | €21,145 | +€2,563 | +13.8% |
| Profit (loss) for the period to be appropriated | 9905 | €18,581 | €21,145 | +€2,563 | +13.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.