Assurval: 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.
Assurval
Largest movements
- Intangible fixed assets -€25,000
down €25,000 (-13.8%), from €181,177 to €156,177
- Tangible fixed assets +€6,083
up €6,083 (+16.1%), from €37,772 to €43,855
of which Other tangible fixed assets: +€4,039
- Cash -€5,944
down €5,944 (-22.6%), from €26,311 to €20,367
mainly Contributions, distributions and other (-€35,294) and Debts after one year (-€26,990)
- Receivables within one year +€5,611
up €5,611 (+30.2%), from €18,562 to €24,174
of which Trade receivables: +€6,883
- Other debts +€32,450
up €32,450, from €0 to €32,450
- Debts after one year -€26,990
down €26,990 (-15.1%), from €178,479 to €151,489
- Profit (loss) carried forward -€25,919
down €25,919 (-80.1%), from €32,377 to €6,458
- Tax, wage and social debts +€9,213
up €9,213 (+92.7%), from €9,941 to €19,154
of which Remuneration and social security: +€8,871
- Current portion of long-term debt -€7,588
down €7,588 (-21.9%), from €34,578 to €26,990
- Gross operating margin -€11,784
down €11,784 (-10.4%), from €113,397 to €101,614
- Staff costs +€8,201
up €8,201 (+19.6%), from €41,853 to €50,053
- Taxes -€4,170
down €4,170 (-48.1%), from €8,675 to €4,505
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 | €266,169 | €247,048 | -€19,122 | -7.2% |
| Fixed assets | 21/28 | €218,950 | €200,033 | -€18,917 | -8.6% |
| Intangible fixed assets | 21 | €181,177 | €156,177 | -€25,000 | -13.8% |
| Tangible fixed assets | 22/27 | €37,772 | €43,855 | +€6,083 | +16.1% |
| Furniture and vehicles | 24 | €3,980 | €6,024 | +€2,044 | +51.3% |
| Other tangible fixed assets | 26 | €33,792 | €37,831 | +€4,039 | +12.0% |
| Current assets | 29/58 | €47,220 | €47,015 | -€205 | -0.4% |
| Amounts receivable within one year | 40/41 | €18,562 | €24,174 | +€5,611 | +30.2% |
| Trade receivables | 40 | €16,796 | €23,679 | +€6,883 | +41.0% |
| Other amounts receivable | 41 | €1,766 | €495 | -€1,271 | -72.0% |
| Cash at bank and in hand | 54/58 | €26,311 | €20,367 | -€5,944 | -22.6% |
| Deferred charges and accrued income | 490/1 | €2,347 | €2,475 | +€128 | +5.4% |
| Total equity and liabilities | 10/49 | €266,169 | €247,048 | -€19,122 | -7.2% |
| Equity | 10/15 | €42,377 | €16,458 | -€25,919 | -61.2% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €32,377 | €6,458 | -€25,919 | -80.1% |
| Amounts payable | 17/49 | €223,792 | €230,590 | +€6,797 | +3.0% |
| Amounts payable after more than one year | 17 | €178,479 | €151,489 | -€26,990 | -15.1% |
| Financial debts | 170/4 | €178,479 | €151,489 | -€26,990 | -15.1% |
| Amounts payable within one year | 42/48 | €45,313 | €79,101 | +€33,787 | +74.6% |
| Current portion of amounts payable after more than one year | 42 | €34,578 | €26,990 | -€7,588 | -21.9% |
| Trade debts | 44 | €795 | €507 | -€288 | -36.2% |
| Suppliers | 440/4 | €795 | €507 | -€288 | -36.2% |
| Taxes, remuneration and social security | 45 | €9,941 | €19,154 | +€9,213 | +92.7% |
| Taxes | 450/3 | €4,953 | €5,294 | +€341 | +6.9% |
| Remuneration and social security | 454/9 | €4,989 | €13,860 | +€8,871 | +177.8% |
| Other amounts payable | 47/48 | €0 | €32,450 | +€32,450 | |
| Remuneration, social security and pensions | 62 | €41,853 | €50,053 | +€8,201 | +19.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,530 | €31,232 | +€702 | +2.3% |
| Other operating charges | 640/8 | €930 | €1,151 | +€221 | +23.8% |
| Gross operating margin | 9900 | €113,397 | €101,614 | -€11,784 | -10.4% |
| Operating profit (loss) | 9901 | €40,085 | €19,177 | -€20,908 | -52.2% |
| Financial income | 75/76B | €4 | €8 | +€4 | +92.0% |
| Recurring financial income | 75 | €4 | €8 | +€4 | +92.0% |
| Financial charges | 65/66B | €6,436 | €5,304 | -€1,131 | -17.6% |
| Recurring financial charges | 65 | €6,436 | €5,304 | -€1,131 | -17.6% |
| Profit (loss) for the period before taxes | 9903 | €33,653 | €13,880 | -€19,773 | -58.8% |
| Income taxes | 67/77 | €8,675 | €4,505 | -€4,170 | -48.1% |
| Profit (loss) for the period | 9904 | €24,978 | €9,375 | -€15,603 | -62.5% |
| Profit (loss) for the period to be appropriated | 9905 | €24,978 | €9,375 | -€15,603 | -62.5% |
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 3 October 2026 via checked.be.