ASSUVAN: what changed
What changed
ASSUVAN
NACE 66.220, Insurance agents and brokers
filed annual accounts (NBB)
Net result for the year
€1.3m
2024 · €1.3m-€5,531
Equity
€3.0m
2024 · €2.7m+€329,238
Cash
€1.9m
2024 · €3.2m-€1.3m
Balance sheet total
€4.4m
2024 · €3.7m+€759,876
Largest movements
Assets
- Receivables within one year +€2.1m
up €2.1m (+502%), from €416,598 to €2.5m
of which Trade receivables: +€2.2m
- Cash -€1.3m
down €1.3m (-40.8%), from €3.2m to €1.9m
mainly Receivables within one year (-€2.1m) and Contributions, distributions and other (-€1.0m)
Equity and liabilities
- Profit (loss) carried forward +€329,238
up €329,238 (+14.3%), from €2.3m to €2.6m
- Tax, wage and social debts +€221,751
up €221,751 (+1,425%), from €15,560 to €237,312
of which Taxes: +€211,236
- Other debts +€200,000
up €200,000 (+25.0%), from €800,000 to €1.0m
Income statement
- Staff costs -€32,297
down €32,297 (-17.7%), from €182,205 to €149,908
- Financial income -€29,248
down €29,248 (-38.9%), from €75,224 to €45,975
of which Financial income: -€31,686
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€1.3m
Gross operating margin
-€3,131
Staff costs
+€32,297
Depreciation
-€0
Other operating charges
+€576
Financial income
-€29,248
Financial charges
-€6,975
Taxes
+€951
Result 2025
€1.3m
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€325,999
Investment
€0
Financing
-€1.0m
Cash 2024
€3.2m
From operations (derived)
-€325,999
Net result for the year
+€1.3m
Depreciation
+€6,315
Receivables within one year
-€2.1m
Trade debts
+€8,681
Tax, wage and social debts
+€221,751
Other debts
+€200,000
Accrued charges and deferred income
+€206
Financing
-€1.0m
Contributions, distributions and other
-€1.0m
Cash 2025
€1.9m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,680,586 | €4,440,462 | +€759,876 | +20.6% |
| Fixed assets | 21/28 | €15,788 | €9,473 | -€6,315 | -40.0% |
| Tangible fixed assets | 22/27 | €15,788 | €9,473 | -€6,315 | -40.0% |
| Furniture and vehicles | 24 | €15,788 | €9,473 | -€6,315 | -40.0% |
| Current assets | 29/58 | €3,664,798 | €4,430,990 | +€766,191 | +20.9% |
| Amounts receivable within one year | 40/41 | €416,598 | €2,508,789 | +€2.1m | +502% |
| Trade receivables | 40 | €324,024 | €2,508,786 | +€2.2m | +674% |
| Other amounts receivable | 41 | €92,575 | €3 | -€92,571 | -100.0% |
| Cash at bank and in hand | 54/58 | €3,248,200 | €1,922,200 | -€1.3m | -40.8% |
| Total equity and liabilities | 10/49 | €3,680,586 | €4,440,462 | +€759,876 | +20.6% |
| Equity | 10/15 | €2,712,151 | €3,041,389 | +€329,238 | +12.1% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €344,097 | €344,097 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,597 | €6,597 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Other | 1319 | €397 | €397 | = | 0.0% |
| Distributable reserves | 133 | €337,500 | €337,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,306,054 | €2,635,292 | +€329,238 | +14.3% |
| Amounts payable | 17/49 | €968,435 | €1,399,074 | +€430,639 | +44.5% |
| Amounts payable within one year | 42/48 | €968,435 | €1,398,868 | +€430,433 | +44.4% |
| Trade debts | 44 | €152,875 | €161,556 | +€8,681 | +5.7% |
| Suppliers | 440/4 | €152,875 | €161,556 | +€8,681 | +5.7% |
| Taxes, remuneration and social security | 45 | €15,560 | €237,312 | +€221,751 | +1,425% |
| Taxes | 450/3 | €4,650 | €215,886 | +€211,236 | +4,543% |
| Remuneration and social security | 454/9 | €10,911 | €21,426 | +€10,515 | +96.4% |
| Other amounts payable | 47/48 | €800,000 | €1,000,000 | +€200,000 | +25.0% |
| Accrued charges and deferred income | 492/3 | - | €206 | +€206 | |
| Remuneration, social security and pensions | 62 | €182,205 | €149,908 | -€32,297 | -17.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,315 | €6,315 | +€0 | 0.0% |
| Other operating charges | 640/8 | €2,332 | €1,757 | -€576 | -24.7% |
| Gross operating margin | 9900 | €1,909,433 | €1,906,302 | -€3,131 | -0.2% |
| Operating profit (loss) | 9901 | €1,718,580 | €1,748,322 | +€29,741 | +1.7% |
| Financial income | 75/76B | €75,224 | €45,975 | -€29,248 | -38.9% |
| Recurring financial income | 75 | €75,224 | €43,537 | -€31,686 | -42.1% |
| Non-recurring financial income | 76B | - | €2,438 | +€2,438 | |
| Financial charges | 65/66B | €311 | €7,286 | +€6,975 | +2,240% |
| Recurring financial charges | 65 | €311 | €7,286 | +€6,975 | +2,240% |
| Profit (loss) for the period before taxes | 9903 | €1,793,493 | €1,787,011 | -€6,482 | -0.4% |
| Income taxes | 67/77 | €458,724 | €457,773 | -€951 | -0.2% |
| Profit (loss) for the period | 9904 | €1,334,769 | €1,329,238 | -€5,531 | -0.4% |
| Profit (loss) for the period to be appropriated | 9905 | €1,334,769 | €1,329,238 | -€5,531 | -0.4% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.