B-INSURED: 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.
B-INSURED
Largest movements
- Deferred charges and accrued income +€145,518
up €145,518 (+67.0%), from €217,164 to €362,682
- Receivables within one year -€129,349
down €129,349 (-100%), from €129,349 to €0
of which Trade receivables: -€129,208
- Receivables after one year +€120,000
up €120,000 (+150%), from €80,000 to €200,000
- Reserves +€146,860
up €146,860 (+45.8%), from €320,911 to €467,771
of which Distributable reserves: +€146,860
- Trade debts -€13,161
down €13,161 (-59.8%), from €22,021 to €8,860
- Gross operating margin +€67,941
up €67,941 (+40.4%), from €168,071 to €236,011
- Other operating charges -€15,169
down €15,169 (-84.9%), from €17,872 to €2,703
- Staff costs +€3,985
up €3,985 (+6.8%), from €58,265 to €62,249
- Financial income +€3,080
up €3,080, from €0 to €3,080
- Taxes +€2,584
up €2,584 (+11.8%), from €21,981 to €24,565
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €464,732 | €599,417 | +€134,685 | +29.0% |
| Fixed assets | 21/28 | €2,704 | €1,551 | -€1,153 | -42.6% |
| Tangible fixed assets | 22/27 | €2,704 | €1,551 | -€1,153 | -42.6% |
| Furniture and vehicles | 24 | €667 | €0 | -€667 | -100% |
| Other tangible fixed assets | 26 | €2,037 | €1,551 | -€486 | -23.8% |
| Current assets | 29/58 | €462,028 | €597,866 | +€135,838 | +29.4% |
| Amounts receivable after more than one year | 29 | €80,000 | €200,000 | +€120,000 | +150% |
| Trade receivables | 290 | €80,000 | €200,000 | +€120,000 | +150% |
| Amounts receivable within one year | 40/41 | €129,349 | €0 | -€129,349 | -100% |
| Trade receivables | 40 | €129,208 | €0 | -€129,208 | -100% |
| Other amounts receivable | 41 | €140 | €0 | -€140 | -100% |
| Current investments | 50/53 | €35,071 | €35,127 | +€56 | +0.2% |
| Cash at bank and in hand | 54/58 | €444 | €57 | -€387 | -87.2% |
| Deferred charges and accrued income | 490/1 | €217,164 | €362,682 | +€145,518 | +67.0% |
| Total equity and liabilities | 10/49 | €464,732 | €599,417 | +€134,685 | +29.0% |
| Equity | 10/15 | €339,511 | €486,371 | +€146,860 | +43.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €320,911 | €467,771 | +€146,860 | +45.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €319,051 | €465,911 | +€146,860 | +46.0% |
| Amounts payable | 17/49 | €125,221 | €113,046 | -€12,174 | -9.7% |
| Amounts payable within one year | 42/48 | €125,221 | €113,046 | -€12,174 | -9.7% |
| Trade debts | 44 | €22,021 | €8,860 | -€13,161 | -59.8% |
| Suppliers | 440/4 | €22,021 | €8,860 | -€13,161 | -59.8% |
| Taxes, remuneration and social security | 45 | €31,280 | €33,077 | +€1,797 | +5.7% |
| Taxes | 450/3 | €20,349 | €21,089 | +€740 | +3.6% |
| Remuneration and social security | 454/9 | €10,930 | €11,988 | +€1,057 | +9.7% |
| Other amounts payable | 47/48 | €71,921 | €71,110 | -€811 | -1.1% |
| Non-recurring operating income | 76A | - | €104,755 | +€104,755 | |
| Remuneration, social security and pensions | 62 | €58,265 | €62,249 | +€3,985 | +6.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,372 | €1,153 | -€219 | -15.9% |
| Other operating charges | 640/8 | €17,872 | €2,703 | -€15,169 | -84.9% |
| Gross operating margin | 9900 | €168,071 | €236,011 | +€67,941 | +40.4% |
| Operating profit (loss) | 9901 | €90,562 | €169,906 | +€79,344 | +87.6% |
| Financial income | 75/76B | €0 | €3,080 | +€3,080 | |
| Recurring financial income | 75 | €0 | €3,080 | +€3,080 | |
| Financial charges | 65/66B | €462 | €1,561 | +€1,099 | +238% |
| Recurring financial charges | 65 | €462 | €1,561 | +€1,099 | +238% |
| Profit (loss) for the period before taxes | 9903 | €90,100 | €171,425 | +€81,325 | +90.3% |
| Income taxes | 67/77 | €21,981 | €24,565 | +€2,584 | +11.8% |
| Profit (loss) for the period | 9904 | €68,119 | €146,860 | +€78,740 | +116% |
| Profit (loss) for the period to be appropriated | 9905 | €68,119 | €146,860 | +€78,740 | +116% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.