ASSURITIE: 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.
ASSURITIE
Largest movements
- Deferred charges and accrued income -€19,301
down €19,301 (-10.0%), from €193,462 to €174,161
- Tangible fixed assets -€16,243
down €16,243 (-4.7%), from €344,653 to €328,410
of which Land and buildings: -€20,978
- Debts after one year -€19,362
down €19,362 (-9.2%), from €210,424 to €191,062
- Other debts -€12,580
down €12,580 (-7.8%), from €160,930 to €148,349
- Current portion of long-term debt +€8,860
up €8,860 (+22.0%), from €40,316 to €49,177
- Tax, wage and social debts -€5,752
down €5,752 (-22.2%), from €25,874 to €20,122
of which Remuneration and social security: -€5,490
- Gross operating margin -€11,862
down €11,862 (-6.5%), from €181,551 to €169,689
- Depreciation +€6,615
up €6,615 (+29.8%), from €22,230 to €28,846
- Staff costs -€4,057
down €4,057 (-3.7%), from €110,413 to €106,356
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 | €559,254 | €529,368 | -€29,887 | -5.3% |
| Fixed assets | 21/28 | €344,653 | €328,410 | -€16,243 | -4.7% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €344,653 | €328,410 | -€16,243 | -4.7% |
| Land and buildings | 22 | €324,312 | €303,335 | -€20,978 | -6.5% |
| Plant, machinery and equipment | 23 | €6,168 | €14,554 | +€8,386 | +136% |
| Furniture and vehicles | 24 | €11,179 | €7,528 | -€3,651 | -32.7% |
| Other tangible fixed assets | 26 | €2,993 | €2,993 | = | 0.0% |
| Current assets | 29/58 | €214,601 | €200,958 | -€13,643 | -6.4% |
| Amounts receivable within one year | 40/41 | €5,600 | €5,810 | +€210 | +3.8% |
| Trade receivables | 40 | - | €450 | +€450 | |
| Other amounts receivable | 41 | €5,600 | €5,360 | -€240 | -4.3% |
| Cash at bank and in hand | 54/58 | €15,539 | €20,987 | +€5,448 | +35.1% |
| Deferred charges and accrued income | 490/1 | €193,462 | €174,161 | -€19,301 | -10.0% |
| Total equity and liabilities | 10/49 | €559,254 | €529,368 | -€29,887 | -5.3% |
| Equity | 10/15 | €92,846 | €92,878 | +€32 | 0.0% |
| Contributions | 10/11 | €7,500 | €7,500 | = | 0.0% |
| Reserves | 13 | €85,346 | €85,378 | +€32 | 0.0% |
| Distributable reserves | 133 | €85,346 | €85,378 | +€32 | 0.0% |
| Amounts payable | 17/49 | €466,408 | €436,490 | -€29,919 | -6.4% |
| Amounts payable after more than one year | 17 | €210,424 | €191,062 | -€19,362 | -9.2% |
| Financial debts | 170/4 | €210,424 | €191,062 | -€19,362 | -9.2% |
| Amounts payable within one year | 42/48 | €255,985 | €245,427 | -€10,557 | -4.1% |
| Current portion of amounts payable after more than one year | 42 | €40,316 | €49,177 | +€8,860 | +22.0% |
| Financial debts | 43 | €25,552 | €25,000 | -€552 | -2.2% |
| Credit institutions | 430/8 | €25,552 | €25,000 | -€552 | -2.2% |
| Trade debts | 44 | €3,313 | €2,779 | -€534 | -16.1% |
| Suppliers | 440/4 | €3,313 | €2,779 | -€534 | -16.1% |
| Taxes, remuneration and social security | 45 | €25,874 | €20,122 | -€5,752 | -22.2% |
| Taxes | 450/3 | €5,777 | €5,515 | -€262 | -4.5% |
| Remuneration and social security | 454/9 | €20,096 | €14,607 | -€5,490 | -27.3% |
| Other amounts payable | 47/48 | €160,930 | €148,349 | -€12,580 | -7.8% |
| Remuneration, social security and pensions | 62 | €110,413 | €106,356 | -€4,057 | -3.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,230 | €28,846 | +€6,615 | +29.8% |
| Other operating charges | 640/8 | €4,023 | €3,992 | -€31 | -0.8% |
| Gross operating margin | 9900 | €181,551 | €169,689 | -€11,862 | -6.5% |
| Operating profit (loss) | 9901 | €44,886 | €30,496 | -€14,390 | -32.1% |
| Financial income | 75/76B | €139 | €76 | -€64 | -45.7% |
| Recurring financial income | 75 | €139 | €76 | -€64 | -45.7% |
| Financial charges | 65/66B | €13,246 | €12,876 | -€370 | -2.8% |
| Recurring financial charges | 65 | €13,165 | €12,876 | -€289 | -2.2% |
| Non-recurring financial charges | 66B | €81 | - | -€81 | |
| Profit (loss) for the period before taxes | 9903 | €31,778 | €17,695 | -€14,084 | -44.3% |
| Income taxes | 67/77 | €6,386 | €4,662 | -€1,723 | -27.0% |
| Profit (loss) for the period | 9904 | €25,392 | €13,032 | -€12,360 | -48.7% |
| Profit (loss) for the period to be appropriated | 9905 | €25,392 | €13,032 | -€12,360 | -48.7% |
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 13 October 2026 via checked.be.