ASSURMAN: 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.
ASSURMAN
Largest movements
- Receivables within one year +€52,676
up €52,676 (+138.3%), from €38,082 to €90,759
of which Trade receivables: +€41,359
- Intangible fixed assets -€37,406
down €37,406 (-17.0%), from €220,153 to €182,746
- Tangible fixed assets -€16,434
down €16,434 (-19.8%), from €82,966 to €66,532
of which Furniture and vehicles: -€16,118
- Cash +€11,558
up €11,558 (+140.0%), from €8,256 to €19,814
mainly Depreciation (+€76,386) and Trade debts (+€36,219)
- Trade debts +€36,219
up €36,219 (+191.5%), from €18,916 to €55,135
- Debts after one year -€30,647
down €30,647 (-22.3%), from €137,384 to €106,737
- Reserves +€7,793
up €7,793 (+10.6%), from €73,225 to €81,017
- Tax, wage and social debts -€6,823
down €6,823 (-19.6%), from €34,793 to €27,970
of which Remuneration and social security: -€7,772
- Gross operating margin -€54,273
down €54,273 (-18.0%), from €301,340 to €247,067
- Taxes -€18,339
down €18,339 (-67.9%), from €27,021 to €8,683
- Staff costs +€12,743
up €12,743 (+10.5%), from €121,919 to €134,663
- Financial charges +€4,359
up €4,359 (+69.9%), from €6,239 to €10,597
- Depreciation +€4,122
up €4,122 (+5.7%), from €72,263 to €76,386
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 | €358,824 | €366,270 | +€7,446 | +2.1% |
| Fixed assets | 21/28 | €307,376 | €253,536 | -€53,841 | -17.5% |
| Intangible fixed assets | 21 | €220,153 | €182,746 | -€37,406 | -17.0% |
| Tangible fixed assets | 22/27 | €82,966 | €66,532 | -€16,434 | -19.8% |
| Plant, machinery and equipment | 23 | €17,492 | €17,176 | -€316 | -1.8% |
| Furniture and vehicles | 24 | €65,474 | €49,356 | -€16,118 | -24.6% |
| Financial fixed assets | 28 | €4,257 | €4,257 | = | 0.0% |
| Current assets | 29/58 | €51,448 | €112,735 | +€61,287 | +119.1% |
| Amounts receivable within one year | 40/41 | €38,082 | €90,759 | +€52,676 | +138.3% |
| Trade receivables | 40 | €38,082 | €79,441 | +€41,359 | +108.6% |
| Other amounts receivable | 41 | - | €11,317 | +€11,317 | |
| Cash at bank and in hand | 54/58 | €8,256 | €19,814 | +€11,558 | +140.0% |
| Deferred charges and accrued income | 490/1 | €5,109 | €2,162 | -€2,947 | -57.7% |
| Total equity and liabilities | 10/49 | €358,824 | €366,270 | +€7,446 | +2.1% |
| Equity | 10/15 | €75,725 | €83,517 | +€7,793 | +10.3% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €73,225 | €81,017 | +€7,793 | +10.6% |
| Distributable reserves | 133 | €73,225 | €81,017 | +€7,793 | +10.6% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €283,100 | €282,753 | -€346 | -0.1% |
| Amounts payable after more than one year | 17 | €137,384 | €106,737 | -€30,647 | -22.3% |
| Financial debts | 170/4 | €137,384 | €106,737 | -€30,647 | -22.3% |
| Amounts payable within one year | 42/48 | €145,716 | €176,016 | +€30,301 | +20.8% |
| Current portion of amounts payable after more than one year | 42 | €29,573 | €30,647 | +€1,074 | +3.6% |
| Trade debts | 44 | €18,916 | €55,135 | +€36,219 | +191.5% |
| Suppliers | 440/4 | €18,916 | €55,135 | +€36,219 | +191.5% |
| Taxes, remuneration and social security | 45 | €34,793 | €27,970 | -€6,823 | -19.6% |
| Taxes | 450/3 | €27,021 | €27,970 | +€949 | +3.5% |
| Remuneration and social security | 454/9 | €7,772 | €0 | -€7,772 | -100.0% |
| Other amounts payable | 47/48 | €62,433 | €62,264 | -€169 | -0.3% |
| Remuneration, social security and pensions | 62 | €121,919 | €134,663 | +€12,743 | +10.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €72,263 | €76,386 | +€4,122 | +5.7% |
| Other operating charges | 640/8 | €673 | €1,162 | +€490 | +72.8% |
| Gross operating margin | 9900 | €301,340 | €247,067 | -€54,273 | -18.0% |
| Operating profit (loss) | 9901 | €106,484 | €34,856 | -€71,628 | -67.3% |
| Financial income | 75/76B | - | €9 | +€9 | |
| Recurring financial income | 75 | - | €9 | +€9 | |
| Financial charges | 65/66B | €6,239 | €10,597 | +€4,359 | +69.9% |
| Recurring financial charges | 65 | €6,239 | €10,597 | +€4,359 | +69.9% |
| Profit (loss) for the period before taxes | 9903 | €100,246 | €24,268 | -€75,978 | -75.8% |
| Income taxes | 67/77 | €27,021 | €8,683 | -€18,339 | -67.9% |
| Profit (loss) for the period | 9904 | €73,225 | €15,585 | -€57,640 | -78.7% |
| Profit (loss) for the period to be appropriated | 9905 | €73,225 | €15,585 | -€57,640 | -78.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.