B&G WAR-ASSUR: what changed
What changed
B&G WAR-ASSUR
NACE 66.220, Insurance agents and brokers
filed annual accounts (NBB)
Net result for the year
€47,321
2024 · €16,396+€30,925
Equity
€179,467
2024 · €132,146+€47,321
Cash
€15,680
2024 · €17,767-€2,087
Balance sheet total
€1.4m
2024 · €1.5m-€79,328
Largest movements
Assets
- Receivables within one year -€77,175
down €77,175 (-79.4%), from €97,175 to €20,000
of which Trade receivables: -€52,175
Equity and liabilities
- Debts after one year -€126,740
down €126,740 (-10.7%), from €1.2m to €1.1m
- Reserves +€47,321
up €47,321 (+37.2%), from €127,146 to €174,467
Income statement
- Gross operating margin +€68,507
up €68,507 (+166%), from €41,220 to €109,727
- Financial charges +€26,648
up €26,648 (+142%), from €18,801 to €45,449
- Taxes +€10,919
up €10,919 (+198%), from €5,510 to €16,428
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
€16,396
Gross operating margin
+€68,507
Other operating charges
-€14
Financial charges
-€26,648
Taxes
-€10,919
Result 2025
€47,321
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
+€120,383
Investment
€0
Financing
-€122,470
Cash 2024
€17,767
From operations (derived)
+€120,383
Net result for the year
+€47,321
Receivables within one year
+€77,175
Smaller working-capital items
-€38
Tax, wage and social debts
-€4,075
Financing
-€122,470
Debts after one year
-€126,740
Current portion of long-term debt
+€4,269
Cash 2025
€15,680
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,463,779 | €1,384,451 | -€79,328 | -5.4% |
| Fixed assets | 21/28 | €1,348,276 | €1,348,276 | = | 0.0% |
| Financial fixed assets | 28 | €1,348,276 | €1,348,276 | = | 0.0% |
| Current assets | 29/58 | €115,503 | €36,175 | -€79,328 | -68.7% |
| Amounts receivable within one year | 40/41 | €97,175 | €20,000 | -€77,175 | -79.4% |
| Trade receivables | 40 | €72,175 | €20,000 | -€52,175 | -72.3% |
| Other amounts receivable | 41 | €25,000 | - | -€25,000 | |
| Cash at bank and in hand | 54/58 | €17,767 | €15,680 | -€2,087 | -11.7% |
| Deferred charges and accrued income | 490/1 | €560 | €494 | -€66 | -11.8% |
| Total equity and liabilities | 10/49 | €1,463,779 | €1,384,451 | -€79,328 | -5.4% |
| Equity | 10/15 | €132,146 | €179,467 | +€47,321 | +35.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €127,146 | €174,467 | +€47,321 | +37.2% |
| Distributable reserves | 133 | €127,146 | €174,467 | +€47,321 | +37.2% |
| Amounts payable | 17/49 | €1,331,633 | €1,204,983 | -€126,650 | -9.5% |
| Amounts payable after more than one year | 17 | €1,189,524 | €1,062,784 | -€126,740 | -10.7% |
| Financial debts | 170/4 | €1,189,524 | €1,062,784 | -€126,740 | -10.7% |
| Amounts payable within one year | 42/48 | €142,109 | €142,199 | +€90 | +0.1% |
| Current portion of amounts payable after more than one year | 42 | €122,470 | €126,740 | +€4,269 | +3.5% |
| Trade debts | 44 | €126 | €22 | -€104 | -82.9% |
| Suppliers | 440/4 | €126 | €22 | -€104 | -82.9% |
| Taxes, remuneration and social security | 45 | €19,513 | €15,438 | -€4,075 | -20.9% |
| Taxes | 450/3 | €19,513 | €15,438 | -€4,075 | -20.9% |
| Other operating charges | 640/8 | €513 | €528 | +€14 | +2.8% |
| Gross operating margin | 9900 | €41,220 | €109,727 | +€68,507 | +166% |
| Operating profit (loss) | 9901 | €40,707 | €109,199 | +€68,492 | +168% |
| Financial charges | 65/66B | €18,801 | €45,449 | +€26,648 | +142% |
| Recurring financial charges | 65 | €18,801 | €45,449 | +€26,648 | +142% |
| Profit (loss) for the period before taxes | 9903 | €21,906 | €63,750 | +€41,844 | +191% |
| Income taxes | 67/77 | €5,510 | €16,428 | +€10,919 | +198% |
| Profit (loss) for the period | 9904 | €16,396 | €47,321 | +€30,925 | +189% |
| Profit (loss) for the period to be appropriated | 9905 | €16,396 | €47,321 | +€30,925 | +189% |
Next steps
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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 3 November 2026 via checked.be.