ASSURTEAM: 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.
ASSURTEAM
Largest movements
- Cash +€1.8m
up €1.8m (+321%), from €560,985 to €2.4m
mainly Trade debts (+€816,859) and Net result for the year (+€391,308)
- Receivables within one year -€325,979
down €325,979 (-73.2%), from €445,269 to €119,291
of which Trade receivables: -€339,229
- Intangible fixed assets -€278,111
down €278,111 (-15.1%), from €1.8m to €1.6m
- Current investments -€100,000
down €100,000 (-100%), from €100,000 to €0
- Deferred charges and accrued income -€72,755
down €72,755 (-17.4%), from €418,532 to €345,776
- Trade debts +€816,859
up €816,859 (+50.5%), from €1.6m to €2.4m
of which Suppliers: +€450,084
- Profit (loss) carried forward +€391,308
up €391,308 (+19.4%), from €2.0m to €2.4m
- Current portion of long-term debt -€220,124
down €220,124 (-100%), from €220,124 to €0
- Tax, wage and social debts +€119,304
up €119,304 (+114%), from €105,034 to €224,338
of which Taxes: +€105,156
- Debts after one year -€78,269
down €78,269 (-100%), from €78,269 to €0
- Gross operating margin +€568,676
up €568,676 (+34.1%), from €1.7m to €2.2m
- Taxes +€98,857
up €98,857 (+62.6%), from €157,966 to €256,823
- Staff costs +€50,281
up €50,281 (+4.6%), from €1.1m to €1.1m
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 | €4,245,476 | €5,251,978 | +€1.0m | +23.7% |
| Fixed assets | 21/28 | €2,720,689 | €2,425,144 | -€295,545 | -10.9% |
| Intangible fixed assets | 21 | €1,845,630 | €1,567,520 | -€278,111 | -15.1% |
| Tangible fixed assets | 22/27 | €117,131 | €99,696 | -€17,435 | -14.9% |
| Furniture and vehicles | 24 | €76,436 | €52,723 | -€23,714 | -31.0% |
| Other tangible fixed assets | 26 | €40,694 | €46,973 | +€6,279 | +15.4% |
| Financial fixed assets | 28 | €757,928 | €757,928 | = | 0.0% |
| Current assets | 29/58 | €1,524,787 | €2,826,834 | +€1.3m | +85.4% |
| Amounts receivable within one year | 40/41 | €445,269 | €119,291 | -€325,979 | -73.2% |
| Trade receivables | 40 | €360,417 | €21,188 | -€339,229 | -94.1% |
| Other amounts receivable | 41 | €84,852 | €98,102 | +€13,250 | +15.6% |
| Current investments | 50/53 | €100,000 | €0 | -€100,000 | -100% |
| Cash at bank and in hand | 54/58 | €560,985 | €2,361,767 | +€1.8m | +321% |
| Deferred charges and accrued income | 490/1 | €418,532 | €345,776 | -€72,755 | -17.4% |
| Total equity and liabilities | 10/49 | €4,245,476 | €5,251,978 | +€1.0m | +23.7% |
| Equity | 10/15 | €2,159,809 | €2,551,117 | +€391,308 | +18.1% |
| 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 | €73,130 | €73,130 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,942 | €6,942 | = | 0.0% |
| Legal reserve | 130 | €6,942 | €6,942 | = | 0.0% |
| Distributable reserves | 133 | €66,188 | €66,188 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,017,269 | €2,408,577 | +€391,308 | +19.4% |
| Amounts payable | 17/49 | €2,085,666 | €2,700,861 | +€615,194 | +29.5% |
| Amounts payable after more than one year | 17 | €78,269 | €0 | -€78,269 | -100% |
| Financial debts | 170/4 | €78,269 | €0 | -€78,269 | -100% |
| Amounts payable within one year | 42/48 | €1,943,100 | €2,660,401 | +€717,300 | +36.9% |
| Current portion of amounts payable after more than one year | 42 | €220,124 | €0 | -€220,124 | -100% |
| Trade debts | 44 | €1,617,942 | €2,434,801 | +€816,859 | +50.5% |
| Suppliers | 440/4 | €62,488 | €512,572 | +€450,084 | +720% |
| Bills of exchange payable | 441 | €1,555,455 | €1,922,229 | +€366,775 | +23.6% |
| Taxes, remuneration and social security | 45 | €105,034 | €224,338 | +€119,304 | +114% |
| Taxes | 450/3 | €0 | €105,156 | +€105,156 | |
| Remuneration and social security | 454/9 | €105,034 | €119,182 | +€14,148 | +13.5% |
| Other amounts payable | 47/48 | - | €1,262 | +€1,262 | |
| Accrued charges and deferred income | 492/3 | €64,297 | €40,460 | -€23,837 | -37.1% |
| Non-recurring operating income | 76A | €0 | €19,322 | +€19,322 | |
| Remuneration, social security and pensions | 62 | €1,098,557 | €1,148,838 | +€50,281 | +4.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €321,832 | €319,893 | -€1,939 | -0.6% |
| Other operating charges | 640/8 | €8,637 | €10,941 | +€2,304 | +26.7% |
| Non-recurring operating charges | 66A | €6,358 | €117,522 | +€111,164 | +1,748% |
| Gross operating margin | 9900 | €1,666,554 | €2,235,230 | +€568,676 | +34.1% |
| Operating profit (loss) | 9901 | €231,169 | €638,036 | +€406,867 | +176% |
| Financial income | 75/76B | €40,393 | €18,760 | -€21,633 | -53.6% |
| Recurring financial income | 75 | €40,393 | €18,760 | -€21,633 | -53.6% |
| Financial charges | 65/66B | €10,641 | €8,666 | -€1,976 | -18.6% |
| Recurring financial charges | 65 | €10,641 | €8,666 | -€1,976 | -18.6% |
| Profit (loss) for the period before taxes | 9903 | €260,922 | €648,131 | +€387,209 | +148% |
| Income taxes | 67/77 | €157,966 | €256,823 | +€98,857 | +62.6% |
| Profit (loss) for the period | 9904 | €102,956 | €391,308 | +€288,352 | +280% |
| Profit (loss) for the period to be appropriated | 9905 | €102,956 | €391,308 | +€288,352 | +280% |
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 24 October 2026 via checked.be.