BCréAssur: 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.
BCréAssur
Largest movements
- Intangible fixed assets -€97,007
down €97,007 (-11.5%), from €847,006 to €750,000
- Tangible fixed assets -€11,588
down €11,588 (-16.2%), from €71,577 to €59,989
of which Other tangible fixed assets: -€9,131
- Profit (loss) carried forward -€92,488
down €92,488, from €23,177 to -€69,311
- Debts after one year -€57,259
down €57,259 (-6.9%), from €831,888 to €774,629
- Current portion of long-term debt +€21,843
up €21,843 (+24.6%), from €88,964 to €110,807
- Staff costs +€70,606
up €70,606 (+216.3%), from €32,648 to €103,254
- Gross operating margin +€68,237
up €68,237 (+38.8%), from €175,680 to €243,917
- Other operating charges -€11,610
down €11,610 (-83.7%), from €13,873 to €2,263
- Financial charges -€4,522
down €4,522 (-10.0%), from €45,420 to €40,898
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.
Cash bridge derived
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 | €985,510 | €876,133 | -€109,376 | -11.1% |
| Fixed assets | 21/28 | €929,939 | €821,344 | -€108,595 | -11.7% |
| Intangible fixed assets | 21 | €847,006 | €750,000 | -€97,007 | -11.5% |
| Tangible fixed assets | 22/27 | €71,577 | €59,989 | -€11,588 | -16.2% |
| Furniture and vehicles | 24 | €5,863 | €3,405 | -€2,458 | -41.9% |
| Other tangible fixed assets | 26 | €65,714 | €56,583 | -€9,131 | -13.9% |
| Financial fixed assets | 28 | €11,355 | €11,355 | = | 0.0% |
| Current assets | 29/58 | €55,571 | €54,790 | -€781 | -1.4% |
| Amounts receivable within one year | 40/41 | €51,813 | €48,574 | -€3,240 | -6.3% |
| Trade receivables | 40 | €51,813 | €48,574 | -€3,240 | -6.3% |
| Cash at bank and in hand | 54/58 | €775 | €3,948 | +€3,173 | +409.3% |
| Deferred charges and accrued income | 490/1 | €2,982 | €2,268 | -€714 | -23.9% |
| Total equity and liabilities | 10/49 | €985,510 | €876,133 | -€109,376 | -11.1% |
| Equity | 10/15 | €43,637 | -€50,651 | -€94,288 | |
| Contributions | 10/11 | €18,600 | €16,800 | -€1,800 | -9.7% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | €23,177 | -€69,311 | -€92,488 | |
| Amounts payable | 17/49 | €941,872 | €926,784 | -€15,088 | -1.6% |
| Amounts payable after more than one year | 17 | €831,888 | €774,629 | -€57,259 | -6.9% |
| Financial debts | 170/4 | €831,888 | €774,629 | -€57,259 | -6.9% |
| Amounts payable within one year | 42/48 | €109,985 | €145,212 | +€35,227 | +32.0% |
| Current portion of amounts payable after more than one year | 42 | €88,964 | €110,807 | +€21,843 | +24.6% |
| Trade debts | 44 | €13,080 | €20,144 | +€7,064 | +54.0% |
| Suppliers | 440/4 | €13,080 | €20,144 | +€7,064 | +54.0% |
| Taxes, remuneration and social security | 45 | €4,839 | €12,300 | +€7,461 | +154.2% |
| Taxes | 450/3 | €937 | €740 | -€197 | -21.0% |
| Remuneration and social security | 454/9 | €3,903 | €11,561 | +€7,658 | +196.2% |
| Other amounts payable | 47/48 | €3,100 | €1,959 | -€1,141 | -36.8% |
| Accrued charges and deferred income | 492/3 | - | €6,944 | +€6,944 | |
| Remuneration, social security and pensions | 62 | €32,648 | €103,254 | +€70,606 | +216.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €112,221 | €110,785 | -€1,436 | -1.3% |
| Other operating charges | 640/8 | €13,873 | €2,263 | -€11,610 | -83.7% |
| Gross operating margin | 9900 | €175,680 | €243,917 | +€68,237 | +38.8% |
| Operating profit (loss) | 9901 | €16,937 | €27,615 | +€10,678 | +63.0% |
| Financial income | 75/76B | €155 | €32 | -€123 | -79.3% |
| Recurring financial income | 75 | €155 | €32 | -€123 | -79.3% |
| Financial charges | 65/66B | €45,420 | €40,898 | -€4,522 | -10.0% |
| Recurring financial charges | 65 | €45,420 | €40,898 | -€4,522 | -10.0% |
| Profit (loss) for the period before taxes | 9903 | -€28,328 | -€13,251 | +€15,077 | +53.2% |
| Income taxes | 67/77 | €937 | €37 | -€899 | -96.0% |
| Profit (loss) for the period | 9904 | -€29,264 | -€13,288 | +€15,976 | +54.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€29,264 | -€13,288 | +€15,976 | +54.6% |
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 11 October 2026 via checked.be.