ASSURFIN: what changed
Two fiscal 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.
ASSURFIN
Largest movements
- Cash +€236,551
up €236,551 (+919.5%), from €25,726 to €262,277
mainly Current investments (+€187,500) and Net result for the year (+€76,309)
- Current investments -€187,500
no longer reported in 2025 (was €187,500)
- Tangible fixed assets +€57,957
up €57,957 (+70.2%), from €82,502 to €140,459
of which Furniture and vehicles: +€60,493
- Receivables within one year -€44,515
down €44,515 (-39.4%), from €112,930 to €68,415
- Intangible fixed assets -€31,928
down €31,928 (-26.3%), from €121,368 to €89,440
- Accrued charges and deferred income -€37,206
down €37,206 (-94.5%), from €39,379 to €2,173
- Debts after one year +€23,591
up €23,591 (+31.4%), from €75,125 to €98,716
- Reserves +€22,753
up €22,753 (+7.5%), from €301,991 to €324,743
of which Distributable reserves: +€22,753
- Trade debts +€15,599
up €15,599 (+415.8%), from €3,751 to €19,351
- Current portion of long-term debt +€7,342
up €7,342 (+21.5%), from €34,157 to €41,499
- Gross operating margin +€36,660
up €36,660 (+12.7%), from €288,877 to €325,537
- Taxes +€8,466
up €8,466 (+33.1%), from €25,606 to €34,072
- Staff costs +€8,069
up €8,069 (+6.1%), from €133,166 to €141,235
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 | €553,561 | €591,813 | +€38,251 | +6.9% |
| Fixed assets | 21/28 | €203,870 | €229,899 | +€26,029 | +12.8% |
| Intangible fixed assets | 21 | €121,368 | €89,440 | -€31,928 | -26.3% |
| Tangible fixed assets | 22/27 | €82,502 | €140,459 | +€57,957 | +70.2% |
| Furniture and vehicles | 24 | €73,866 | €134,360 | +€60,493 | +81.9% |
| Other tangible fixed assets | 26 | €8,636 | €6,099 | -€2,537 | -29.4% |
| Current assets | 29/58 | €349,691 | €361,913 | +€12,223 | +3.5% |
| Amounts receivable within one year | 40/41 | €112,930 | €68,415 | -€44,515 | -39.4% |
| Other amounts receivable | 41 | €112,930 | €68,415 | -€44,515 | -39.4% |
| Current investments | 50/53 | €187,500 | - | -€187,500 | |
| Cash at bank and in hand | 54/58 | €25,726 | €262,277 | +€236,551 | +919.5% |
| Deferred charges and accrued income | 490/1 | €23,535 | €31,222 | +€7,686 | +32.7% |
| Total equity and liabilities | 10/49 | €553,561 | €591,813 | +€38,251 | +6.9% |
| Equity | 10/15 | €371,401 | €394,154 | +€22,753 | +6.1% |
| Contributions | 10/11 | €69,410 | €69,410 | = | 0.0% |
| Capital | 10 | €69,410 | €69,410 | = | 0.0% |
| Issued capital | 100 | €69,410 | €69,410 | = | 0.0% |
| Reserves | 13 | €301,991 | €324,743 | +€22,753 | +7.5% |
| Non-distributable reserves | 130/1 | €6,941 | €6,941 | = | 0.0% |
| Legal reserve | 130 | €6,941 | €6,941 | = | 0.0% |
| Distributable reserves | 133 | €295,050 | €317,802 | +€22,753 | +7.7% |
| Amounts payable | 17/49 | €182,160 | €197,659 | +€15,499 | +8.5% |
| Amounts payable after more than one year | 17 | €75,125 | €98,716 | +€23,591 | +31.4% |
| Financial debts | 170/4 | €75,125 | €98,716 | +€23,591 | +31.4% |
| Amounts payable within one year | 42/48 | €67,656 | €96,770 | +€29,114 | +43.0% |
| Current portion of amounts payable after more than one year | 42 | €34,157 | €41,499 | +€7,342 | +21.5% |
| Financial debts | 43 | €12,817 | €15,165 | +€2,348 | +18.3% |
| Credit institutions | 430/8 | €12,817 | €15,165 | +€2,348 | +18.3% |
| Trade debts | 44 | €3,751 | €19,351 | +€15,599 | +415.8% |
| Suppliers | 440/4 | €3,751 | €19,351 | +€15,599 | +415.8% |
| Taxes, remuneration and social security | 45 | €14,446 | €20,756 | +€6,310 | +43.7% |
| Taxes | 450/3 | €1,025 | €1,087 | +€62 | +6.0% |
| Remuneration and social security | 454/9 | €13,420 | €19,669 | +€6,249 | +46.6% |
| Other amounts payable | 47/48 | €2,485 | - | -€2,485 | |
| Accrued charges and deferred income | 492/3 | €39,379 | €2,173 | -€37,206 | -94.5% |
| Non-recurring operating income | 76A | - | €2,000 | +€2,000 | |
| Remuneration, social security and pensions | 62 | €133,166 | €141,235 | +€8,069 | +6.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €66,025 | €67,166 | +€1,142 | +1.7% |
| Other operating charges | 640/8 | €9,949 | €10,254 | +€305 | +3.1% |
| Gross operating margin | 9900 | €288,877 | €325,537 | +€36,660 | +12.7% |
| Operating profit (loss) | 9901 | €79,737 | €106,881 | +€27,144 | +34.0% |
| Financial income | 75/76B | €4,023 | €5,811 | +€1,788 | +44.5% |
| Recurring financial income | 75 | €4,023 | €5,811 | +€1,788 | +44.5% |
| Financial charges | 65/66B | €2,082 | €2,311 | +€229 | +11.0% |
| Recurring financial charges | 65 | €2,082 | €2,311 | +€229 | +11.0% |
| Profit (loss) for the period before taxes | 9903 | €81,677 | €110,381 | +€28,704 | +35.1% |
| Income taxes | 67/77 | €25,606 | €34,072 | +€8,466 | +33.1% |
| Profit (loss) for the period | 9904 | €56,072 | €76,309 | +€20,237 | +36.1% |
| Profit (loss) for the period to be appropriated | 9905 | €56,072 | €76,309 | +€20,237 | +36.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.