BASSER ASSURANCES: what changed
What changed
BASSER ASSURANCES
NACE 65.112, Insurance, reinsurance and pension funding, except compulsory social security
filed annual accounts (NBB)
Net result for the year
€30,630
2024 · €34,555-€3,926
Equity
€56,848
2024 · €56,218+€630
Cash
€49,135
2024 · €178,189-€129,054
Balance sheet total
€1.0m
2024 · €1.1m-€84,891
Largest movements
Assets
- Receivables within one year +€194,065
up €194,065 (+192%), from €100,964 to €295,029
of which Other amounts receivable: +€187,269
- Intangible fixed assets -€134,469
down €134,469 (-17.1%), from €787,543 to €653,074
- Cash -€129,054
down €129,054 (-72.4%), from €178,189 to €49,135
mainly Receivables within one year (-€194,065) and Debts after one year (-€100,000)
- Tangible fixed assets -€17,461
down €17,461 (-48.7%), from €35,888 to €18,427
Equity and liabilities
- Debts after one year -€100,000
down €100,000 (-14.8%), from €675,000 to €575,000
- Accrued charges and deferred income +€65,935
up €65,935 (+114%), from €58,002 to €123,937
- Other debts -€50,869
down €50,869 (-43.2%), from €117,872 to €67,003
Income statement
- Staff costs +€41,958
up €41,958 (+15.4%), from €271,840 to €313,797
- Gross operating margin +€36,131
up €36,131 (+7.4%), from €487,093 to €523,223
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
€34,555
Gross operating margin
+€36,131
Staff costs
-€41,958
Depreciation
+€3,965
Other operating charges
+€151
Other operating items
-€6,683
Financial income
+€3,899
Financial charges
+€3,011
Taxes
-€2,441
Result 2025
€30,630
raises the resultlowers the resultnot broken down further in the accounts
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
-€8,737
Investment
+€9,683
Financing
-€130,000
Cash 2024
€178,189
From operations (derived)
-€8,737
Net result for the year
+€30,630
Depreciation
+€142,247
Receivables within one year
-€194,065
Deferred charges and accrued income
-€2,028
Trade debts
+€546
Tax, wage and social debts
-€1,133
Other debts
-€50,869
Accrued charges and deferred income
+€65,935
Investment (derived)
+€9,683
Investment in fixed assets (net)
+€9,683
Financing
-€130,000
Debts after one year
-€100,000
Contributions, distributions and other
-€30,000
Cash 2025
€49,135
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,107,206 | €1,022,315 | -€84,891 | -7.7% |
| Fixed assets | 21/28 | €823,431 | €671,501 | -€151,930 | -18.5% |
| Intangible fixed assets | 21 | €787,543 | €653,074 | -€134,469 | -17.1% |
| Tangible fixed assets | 22/27 | €35,888 | €18,427 | -€17,461 | -48.7% |
| Furniture and vehicles | 24 | €35,888 | €18,427 | -€17,461 | -48.7% |
| Current assets | 29/58 | €283,775 | €350,814 | +€67,039 | +23.6% |
| Amounts receivable within one year | 40/41 | €100,964 | €295,029 | +€194,065 | +192% |
| Trade receivables | 40 | €39,915 | €46,711 | +€6,796 | +17.0% |
| Other amounts receivable | 41 | €61,049 | €248,318 | +€187,269 | +307% |
| Cash at bank and in hand | 54/58 | €178,189 | €49,135 | -€129,054 | -72.4% |
| Deferred charges and accrued income | 490/1 | €4,622 | €6,650 | +€2,028 | +43.9% |
| Total equity and liabilities | 10/49 | €1,107,206 | €1,022,315 | -€84,891 | -7.7% |
| Equity | 10/15 | €56,218 | €56,848 | +€630 | +1.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €50,018 | €50,648 | +€630 | +1.3% |
| Amounts payable | 17/49 | €1,050,988 | €965,467 | -€85,521 | -8.1% |
| Amounts payable after more than one year | 17 | €675,000 | €575,000 | -€100,000 | -14.8% |
| Financial debts | 170/4 | €675,000 | €575,000 | -€100,000 | -14.8% |
| Amounts payable within one year | 42/48 | €317,985 | €266,529 | -€51,456 | -16.2% |
| Current portion of amounts payable after more than one year | 42 | €100,000 | €100,000 | = | 0.0% |
| Trade debts | 44 | €2,555 | €3,101 | +€546 | +21.4% |
| Suppliers | 440/4 | €2,555 | €3,101 | +€546 | +21.4% |
| Taxes, remuneration and social security | 45 | €97,559 | €96,426 | -€1,133 | -1.2% |
| Taxes | 450/3 | €51,559 | €45,437 | -€6,123 | -11.9% |
| Remuneration and social security | 454/9 | €45,999 | €50,989 | +€4,989 | +10.8% |
| Other amounts payable | 47/48 | €117,872 | €67,003 | -€50,869 | -43.2% |
| Accrued charges and deferred income | 492/3 | €58,002 | €123,937 | +€65,935 | +114% |
| Remuneration, social security and pensions | 62 | €271,840 | €313,797 | +€41,958 | +15.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €146,212 | €142,247 | -€3,965 | -2.7% |
| Other operating charges | 640/8 | €2,058 | €1,907 | -€151 | -7.4% |
| Non-recurring operating charges | 66A | - | €6,683 | +€6,683 | |
| Gross operating margin | 9900 | €487,093 | €523,223 | +€36,131 | +7.4% |
| Operating profit (loss) | 9901 | €66,983 | €58,589 | -€8,394 | -12.5% |
| Financial income | 75/76B | €344 | €4,243 | +€3,899 | +1,133% |
| Recurring financial income | 75 | €344 | €4,243 | +€3,899 | +1,133% |
| Financial charges | 65/66B | €15,284 | €12,273 | -€3,011 | -19.7% |
| Recurring financial charges | 65 | €15,284 | €12,273 | -€3,011 | -19.7% |
| Profit (loss) for the period before taxes | 9903 | €52,043 | €50,559 | -€1,484 | -2.9% |
| Income taxes | 67/77 | €17,488 | €19,929 | +€2,441 | +14.0% |
| Profit (loss) for the period | 9904 | €34,555 | €30,630 | -€3,926 | -11.4% |
| Profit (loss) for the period to be appropriated | 9905 | €34,555 | €30,630 | -€3,926 | -11.4% |
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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 5 November 2026 via checked.be.