ASSURVER: 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.
ASSURVER
Largest movements
- Receivables within one year +€42,607
up €42,607 (+164%), from €25,942 to €68,549
of which Trade receivables: +€41,705
- Cash +€33,832
up €33,832 (+14.3%), from €236,185 to €270,017
mainly Net result for the year (+€291,709) and Other debts (+€30,123)
- Financial fixed assets +€12,807
up €12,807 (+4.3%), from €299,542 to €312,349
- Tangible fixed assets -€10,068
down €10,068 (-35.4%), from €28,470 to €18,402
of which Furniture and vehicles: -€9,748
- Profit (loss) carried forward +€41,709
up €41,709 (+71.8%), from €58,066 to €99,775
- Other debts +€30,123
up €30,123 (+13.6%), from €220,737 to €250,860
- Trade debts +€29,046
up €29,046 (+15.1%), from €192,046 to €221,092
of which Suppliers: +€30,679
- Accrued charges and deferred income -€20,699
down €20,699 (-92.6%), from €22,354 to €1,655
- Gross operating margin +€129,627
up €129,627 (+32.0%), from €404,944 to €534,572
- Taxes +€46,204
up €46,204 (+80.2%), from €57,588 to €103,792
- Staff costs -€39,957
down €39,957 (-23.2%), from €172,432 to €132,475
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 | €606,769 | €684,507 | +€77,738 | +12.8% |
| Fixed assets | 21/28 | €332,699 | €332,774 | +€75 | 0.0% |
| Intangible fixed assets | 21 | €4,686 | €2,022 | -€2,664 | -56.9% |
| Tangible fixed assets | 22/27 | €28,470 | €18,402 | -€10,068 | -35.4% |
| Plant, machinery and equipment | 23 | €320 | - | -€320 | |
| Furniture and vehicles | 24 | €28,150 | €18,402 | -€9,748 | -34.6% |
| Financial fixed assets | 28 | €299,542 | €312,349 | +€12,807 | +4.3% |
| Current assets | 29/58 | €274,070 | €351,733 | +€77,663 | +28.3% |
| Amounts receivable within one year | 40/41 | €25,942 | €68,549 | +€42,607 | +164% |
| Trade receivables | 40 | €16,183 | €57,888 | +€41,705 | +258% |
| Other amounts receivable | 41 | €9,760 | €10,662 | +€902 | +9.2% |
| Cash at bank and in hand | 54/58 | €236,185 | €270,017 | +€33,832 | +14.3% |
| Deferred charges and accrued income | 490/1 | €11,943 | €13,167 | +€1,224 | +10.2% |
| Total equity and liabilities | 10/49 | €606,769 | €684,507 | +€77,738 | +12.8% |
| Equity | 10/15 | €140,566 | €182,275 | +€41,709 | +29.7% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Capital | 10 | €75,000 | €75,000 | = | 0.0% |
| Issued capital | 100 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €7,500 | €7,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €7,500 | €7,500 | = | 0.0% |
| Legal reserve | 130 | €7,500 | €7,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €58,066 | €99,775 | +€41,709 | +71.8% |
| Amounts payable | 17/49 | €466,203 | €502,232 | +€36,029 | +7.7% |
| Amounts payable within one year | 42/48 | €443,849 | €500,576 | +€56,728 | +12.8% |
| Trade debts | 44 | €192,046 | €221,092 | +€29,046 | +15.1% |
| Suppliers | 440/4 | €52,830 | €83,509 | +€30,679 | +58.1% |
| Bills of exchange payable | 441 | €139,216 | €137,583 | -€1,633 | -1.2% |
| Taxes, remuneration and social security | 45 | €31,065 | €28,625 | -€2,441 | -7.9% |
| Taxes | 450/3 | €4,990 | €18,792 | +€13,802 | +277% |
| Remuneration and social security | 454/9 | €26,075 | €9,833 | -€16,243 | -62.3% |
| Other amounts payable | 47/48 | €220,737 | €250,860 | +€30,123 | +13.6% |
| Accrued charges and deferred income | 492/3 | €22,354 | €1,655 | -€20,699 | -92.6% |
| Remuneration, social security and pensions | 62 | €172,432 | €132,475 | -€39,957 | -23.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,171 | €14,034 | -€2,137 | -13.2% |
| Other operating charges | 640/8 | €5,022 | €972 | -€4,050 | -80.6% |
| Gross operating margin | 9900 | €404,944 | €534,572 | +€129,627 | +32.0% |
| Operating profit (loss) | 9901 | €211,320 | €387,092 | +€175,772 | +83.2% |
| Financial income | 75/76B | €8,026 | €8,635 | +€609 | +7.6% |
| Recurring financial income | 75 | €8,026 | €8,635 | +€609 | +7.6% |
| Financial charges | 65/66B | €175 | €226 | +€51 | +29.2% |
| Recurring financial charges | 65 | €175 | €226 | +€51 | +29.2% |
| Profit (loss) for the period before taxes | 9903 | €219,171 | €395,501 | +€176,330 | +80.5% |
| Income taxes | 67/77 | €57,588 | €103,792 | +€46,204 | +80.2% |
| Profit (loss) for the period | 9904 | €161,583 | €291,709 | +€130,126 | +80.5% |
| Profit (loss) for the period to be appropriated | 9905 | €161,583 | €291,709 | +€130,126 | +80.5% |
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 28 October 2026 via checked.be.