ASSURLO: 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.
ASSURLO
Largest movements
- Cash +€126,810
up €126,810 (+39.3%), from €323,012 to €449,823
mainly Net result for the year (+€396,599) and Depreciation (+€131,974)
- Intangible fixed assets +€40,995
up €40,995 (+12.6%), from €324,658 to €365,653
- Tangible fixed assets -€16,969
down €16,969 (-13.8%), from €122,800 to €105,831
of which Land and buildings: -€16,758
- Deferred charges and accrued income +€16,119
new in 2025: €16,119
- Profit (loss) carried forward +€128,025
up €128,025 (+46.0%), from €278,599 to €406,624
- Debts after one year +€23,291
up €23,291 (+6.0%), from €385,518 to €408,809
- Current portion of long-term debt +€19,194
up €19,194 (+25.4%), from €75,573 to €94,767
- Accrued charges and deferred income -€12,500
no longer reported in 2025 (was €12,500)
- Gross operating margin +€369,999
up €369,999 (+60.2%), from €614,363 to €984,362
- Staff costs +€83,179
up €83,179 (+38.1%), from €218,367 to €301,546
- Taxes +€70,825
up €70,825 (+109%), from €65,033 to €135,859
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 | €828,872 | €995,585 | +€166,713 | +20.1% |
| Fixed assets | 21/28 | €447,558 | €471,584 | +€24,026 | +5.4% |
| Intangible fixed assets | 21 | €324,658 | €365,653 | +€40,995 | +12.6% |
| Tangible fixed assets | 22/27 | €122,800 | €105,831 | -€16,969 | -13.8% |
| Land and buildings | 22 | €122,589 | €105,831 | -€16,758 | -13.7% |
| Plant, machinery and equipment | 23 | €211 | - | -€211 | |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €381,314 | €524,001 | +€142,687 | +37.4% |
| Amounts receivable within one year | 40/41 | €58,302 | €58,060 | -€242 | -0.4% |
| Trade receivables | 40 | - | €50 | +€50 | |
| Other amounts receivable | 41 | €58,302 | €58,010 | -€292 | -0.5% |
| Cash at bank and in hand | 54/58 | €323,012 | €449,823 | +€126,810 | +39.3% |
| Deferred charges and accrued income | 490/1 | - | €16,119 | +€16,119 | |
| Total equity and liabilities | 10/49 | €828,872 | €995,585 | +€166,713 | +20.1% |
| Equity | 10/15 | €300,599 | €428,624 | +€128,025 | +42.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €278,599 | €406,624 | +€128,025 | +46.0% |
| Amounts payable | 17/49 | €528,273 | €566,961 | +€38,688 | +7.3% |
| Amounts payable after more than one year | 17 | €385,518 | €408,809 | +€23,291 | +6.0% |
| Financial debts | 170/4 | €385,518 | €408,809 | +€23,291 | +6.0% |
| Amounts payable within one year | 42/48 | €130,255 | €158,152 | +€27,897 | +21.4% |
| Current portion of amounts payable after more than one year | 42 | €75,573 | €94,767 | +€19,194 | +25.4% |
| Trade debts | 44 | €40,892 | €44,173 | +€3,281 | +8.0% |
| Suppliers | 440/4 | €40,892 | €44,173 | +€3,281 | +8.0% |
| Taxes, remuneration and social security | 45 | €11,756 | €17,029 | +€5,273 | +44.9% |
| Taxes | 450/3 | - | €5,842 | +€5,842 | |
| Remuneration and social security | 454/9 | €11,756 | €11,188 | -€568 | -4.8% |
| Other amounts payable | 47/48 | €2,034 | €2,182 | +€148 | +7.3% |
| Accrued charges and deferred income | 492/3 | €12,500 | - | -€12,500 | |
| Remuneration, social security and pensions | 62 | €218,367 | €301,546 | +€83,179 | +38.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €126,273 | €131,974 | +€5,702 | +4.5% |
| Other operating charges | 640/8 | €124 | €124 | = | 0.0% |
| Gross operating margin | 9900 | €614,363 | €984,362 | +€369,999 | +60.2% |
| Operating profit (loss) | 9901 | €269,599 | €550,718 | +€281,118 | +104% |
| Financial income | 75/76B | €1,237 | €1,971 | +€734 | +59.4% |
| Recurring financial income | 75 | €1,237 | €1,971 | +€734 | +59.4% |
| Financial charges | 65/66B | €19,489 | €20,231 | +€742 | +3.8% |
| Recurring financial charges | 65 | €19,489 | €20,231 | +€742 | +3.8% |
| Profit (loss) for the period before taxes | 9903 | €251,347 | €532,458 | +€281,110 | +112% |
| Income taxes | 67/77 | €65,033 | €135,859 | +€70,825 | +109% |
| Profit (loss) for the period | 9904 | €186,314 | €396,599 | +€210,285 | +113% |
| Profit (loss) for the period to be appropriated | 9905 | €186,314 | €396,599 | +€210,285 | +113% |
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 15 October 2026 via checked.be.