ASSURONSE: 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.
ASSURONSE
Largest movements
- Intangible fixed assets -€27,576
down €27,576 (-11.1%), from €248,186 to €220,610
- Receivables within one year +€14,207
up €14,207 (+28.7%), from €49,512 to €63,719
- Tangible fixed assets -€13,570
down €13,570 (-23.2%), from €58,577 to €45,007
of which Leasing and similar rights: -€14,700
- Deferred charges and accrued income +€6,735
up €6,735 (+13.0%), from €51,636 to €58,371
- Debts after one year -€42,141
down €42,141 (-17.9%), from €235,355 to €193,214
- Tax, wage and social debts +€22,982
up €22,982 (+3004.2%), from €765 to €23,747
of which Remuneration and social security: +€20,000
- Profit (loss) carried forward +€8,115
up €8,115 (+12.7%), from -€63,881 to -€55,766
- Reserves -€6,667
down €6,667 (-8.2%), from €81,118 to €74,451
of which Tax-exempt reserves: -€6,667
- Gross operating margin +€8,441
up €8,441 (+20.2%), from €41,776 to €50,217
- Taxes +€2,225
up €2,225 (+294.3%), from €756 to €2,981
- Financial charges -€1,507
down €1,507 (-12.7%), from €11,912 to €10,405
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 | €408,210 | €388,018 | -€20,192 | -4.9% |
| Fixed assets | 21/28 | €306,763 | €265,617 | -€41,146 | -13.4% |
| Intangible fixed assets | 21 | €248,186 | €220,610 | -€27,576 | -11.1% |
| Tangible fixed assets | 22/27 | €58,577 | €45,007 | -€13,570 | -23.2% |
| Plant, machinery and equipment | 23 | €841 | €709 | -€132 | -15.7% |
| Furniture and vehicles | 24 | €587 | €1,849 | +€1,262 | +215.0% |
| Leasing and similar rights | 25 | €57,149 | €42,449 | -€14,700 | -25.7% |
| Current assets | 29/58 | €101,447 | €122,401 | +€20,954 | +20.7% |
| Amounts receivable within one year | 40/41 | €49,512 | €63,719 | +€14,207 | +28.7% |
| Other amounts receivable | 41 | €49,512 | €63,719 | +€14,207 | +28.7% |
| Current investments | 50/53 | - | €230 | +€230 | |
| Cash at bank and in hand | 54/58 | €299 | €81 | -€218 | -72.9% |
| Deferred charges and accrued income | 490/1 | €51,636 | €58,371 | +€6,735 | +13.0% |
| Total equity and liabilities | 10/49 | €408,210 | €388,018 | -€20,192 | -4.9% |
| Equity | 10/15 | €35,837 | €37,285 | +€1,448 | +4.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €81,118 | €74,451 | -€6,667 | -8.2% |
| Non-distributable reserves | 130/1 | €1,368 | €1,368 | = | 0.0% |
| Legal reserve | 130 | €1,368 | €1,368 | = | 0.0% |
| Tax-exempt reserves | 132 | €59,999 | €53,332 | -€6,667 | -11.1% |
| Distributable reserves | 133 | €19,751 | €19,751 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€63,881 | -€55,766 | +€8,115 | +12.7% |
| Provisions and deferred taxes | 16 | €54,567 | €51,134 | -€3,433 | -6.3% |
| Provisions for liabilities and charges | 160/5 | €23,672 | €23,672 | = | 0.0% |
| Pensions and similar obligations | 160 | €23,672 | €23,672 | = | 0.0% |
| Deferred taxes | 168 | €30,895 | €27,462 | -€3,433 | -11.1% |
| Amounts payable | 17/49 | €317,806 | €299,599 | -€18,207 | -5.7% |
| Amounts payable after more than one year | 17 | €235,355 | €193,214 | -€42,141 | -17.9% |
| Financial debts | 170/4 | €235,355 | €193,214 | -€42,141 | -17.9% |
| Amounts payable within one year | 42/48 | €82,451 | €103,690 | +€21,239 | +25.8% |
| Current portion of amounts payable after more than one year | 42 | €41,323 | €42,141 | +€818 | +2.0% |
| Financial debts | 43 | €32,546 | €32,329 | -€217 | -0.7% |
| Credit institutions | 430/8 | €5,909 | €5,692 | -€217 | -3.7% |
| Other loans | 439 | €26,637 | €26,637 | = | 0.0% |
| Trade debts | 44 | €7,817 | €5,473 | -€2,344 | -30.0% |
| Suppliers | 440/4 | €7,817 | €5,473 | -€2,344 | -30.0% |
| Taxes, remuneration and social security | 45 | €765 | €23,747 | +€22,982 | +3004.2% |
| Taxes | 450/3 | €765 | €3,747 | +€2,982 | +389.8% |
| Remuneration and social security | 454/9 | - | €20,000 | +€20,000 | |
| Accrued charges and deferred income | 492/3 | - | €2,695 | +€2,695 | |
| Non-recurring operating income | 76A | €10,073 | €14,491 | +€4,418 | +43.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,696 | €43,028 | +€332 | +0.8% |
| Other operating charges | 640/8 | €1,784 | €1,480 | -€304 | -17.0% |
| Gross operating margin | 9900 | €41,776 | €50,217 | +€8,441 | +20.2% |
| Operating profit (loss) | 9901 | -€2,704 | €5,709 | +€8,413 | |
| Financial income | 75/76B | €5,337 | €5,692 | +€355 | +6.7% |
| Recurring financial income | 75 | €5,337 | €5,692 | +€355 | +6.7% |
| Financial charges | 65/66B | €11,912 | €10,405 | -€1,507 | -12.7% |
| Recurring financial charges | 65 | €11,912 | €10,405 | -€1,507 | -12.7% |
| Profit (loss) for the period before taxes | 9903 | -€9,279 | €996 | +€10,275 | |
| Transfer from deferred taxes | 780 | €3,433 | €3,433 | = | 0.0% |
| Income taxes | 67/77 | €756 | €2,981 | +€2,225 | +294.3% |
| Profit (loss) for the period | 9904 | -€6,602 | €1,448 | +€8,050 | |
| Transfer from tax-exempt reserves | 789 | €6,666 | €6,667 | +€1 | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €64 | €8,115 | +€8,051 | +12579.7% |
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 7 October 2026 via checked.be.