ASSURTOIT: 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.
ASSURTOIT
Largest movements
- Tangible fixed assets -€55,641
down €55,641 (-3.6%), from €1.5m to €1.5m
of which Land and buildings: -€55,641
- Cash +€22,253
up €22,253 (+211%), from €10,539 to €32,792
mainly Depreciation (+€55,641) and Net result for the year (+€54,722)
- Other debts -€61,071
down €61,071 (-22.5%), from €271,358 to €210,288
- Reserves +€54,722
up €54,722 (+38.9%), from €140,809 to €195,531
of which Distributable reserves: +€51,986
- Debts after one year -€41,481
down €41,481 (-6.1%), from €680,621 to €639,140
- Accrued charges and deferred income +€19,600
up €19,600 (+19.2%), from €102,230 to €121,830
- Gross operating margin +€55,904
up €55,904 (+41.3%), from €135,350 to €191,254
- Taxes +€15,683
up €15,683 (+132%), from €11,837 to €27,519
- Financial charges +€3,373
up €3,373 (+13.9%), from €24,343 to €27,716
- Depreciation +€2,748
up €2,748 (+5.2%), from €52,893 to €55,641
- Other operating charges +€2,507
up €2,507 (+10.8%), from €23,179 to €25,686
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 | €1,537,050 | €1,502,842 | -€34,209 | -2.2% |
| Fixed assets | 21/28 | €1,525,526 | €1,469,885 | -€55,641 | -3.6% |
| Intangible fixed assets | 21 | - | €0 | = | |
| Tangible fixed assets | 22/27 | €1,525,526 | €1,469,885 | -€55,641 | -3.6% |
| Land and buildings | 22 | €1,525,526 | €1,469,885 | -€55,641 | -3.6% |
| Plant, machinery and equipment | 23 | - | €0 | = | |
| Furniture and vehicles | 24 | - | €0 | = | |
| Other tangible fixed assets | 26 | - | €0 | = | |
| Current assets | 29/58 | €11,525 | €32,957 | +€21,432 | +186% |
| Amounts receivable within one year | 40/41 | €919 | €165 | -€754 | -82.1% |
| Trade receivables | 40 | €754 | - | -€754 | |
| Other amounts receivable | 41 | €165 | €165 | = | 0.0% |
| Current investments | 50/53 | €67 | - | -€67 | |
| Cash at bank and in hand | 54/58 | €10,539 | €32,792 | +€22,253 | +211% |
| Total equity and liabilities | 10/49 | €1,537,050 | €1,502,842 | -€34,209 | -2.2% |
| Equity | 10/15 | €427,023 | €481,746 | +€54,722 | +12.8% |
| Contributions | 10/11 | €187,235 | €187,235 | = | 0.0% |
| Capital | 10 | €187,235 | €187,235 | = | 0.0% |
| Issued capital | 100 | €187,235 | €187,235 | = | 0.0% |
| Reserves | 13 | €140,809 | €195,531 | +€54,722 | +38.9% |
| Non-distributable reserves | 130/1 | €12,946 | €15,682 | +€2,736 | +21.1% |
| Legal reserve | 130 | €12,946 | €15,682 | +€2,736 | +21.1% |
| Distributable reserves | 133 | €127,863 | €179,850 | +€51,986 | +40.7% |
| Profit (loss) carried forward | 14 | €98,979 | €98,979 | = | 0.0% |
| Amounts payable | 17/49 | €1,110,027 | €1,021,096 | -€88,931 | -8.0% |
| Amounts payable after more than one year | 17 | €680,621 | €639,140 | -€41,481 | -6.1% |
| Financial debts | 170/4 | €680,621 | €639,140 | -€41,481 | -6.1% |
| Amounts payable within one year | 42/48 | €327,176 | €260,126 | -€67,050 | -20.5% |
| Current portion of amounts payable after more than one year | 42 | €47,699 | €42,325 | -€5,374 | -11.3% |
| Taxes, remuneration and social security | 45 | €8,119 | €7,513 | -€606 | -7.5% |
| Taxes | 450/3 | €8,119 | €7,513 | -€606 | -7.5% |
| Other amounts payable | 47/48 | €271,358 | €210,288 | -€61,071 | -22.5% |
| Accrued charges and deferred income | 492/3 | €102,230 | €121,830 | +€19,600 | +19.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €52,893 | €55,641 | +€2,748 | +5.2% |
| Other operating charges | 640/8 | €23,179 | €25,686 | +€2,507 | +10.8% |
| Gross operating margin | 9900 | €135,350 | €191,254 | +€55,904 | +41.3% |
| Operating profit (loss) | 9901 | €59,279 | €109,927 | +€50,649 | +85.4% |
| Financial income | 75/76B | €5 | €31 | +€26 | +552% |
| Recurring financial income | 75 | €5 | €31 | +€26 | +552% |
| Financial charges | 65/66B | €24,343 | €27,716 | +€3,373 | +13.9% |
| Recurring financial charges | 65 | €24,343 | €27,716 | +€3,373 | +13.9% |
| Profit (loss) for the period before taxes | 9903 | €34,941 | €82,242 | +€47,301 | +135% |
| Income taxes | 67/77 | €11,837 | €27,519 | +€15,683 | +132% |
| Profit (loss) for the period | 9904 | €23,104 | €54,722 | +€31,619 | +137% |
| Profit (loss) for the period to be appropriated | 9905 | €23,104 | €54,722 | +€31,619 | +137% |
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 19 October 2026 via checked.be.