BRABINSURE & BAETS ASSURANCES: 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.
BRABINSURE & BAETS ASSURANCES
Largest movements
- Receivables within one year +€25,305
up €25,305 (+16.1%), from €157,482 to €182,787
of which Trade receivables: +€69,058
- Debts after one year -€222,754
down €222,754 (-73.0%), from €305,106 to €82,352
- Profit (loss) carried forward +€202,807
up €202,807 (+20.0%), from €1.0m to €1.2m
- Other debts +€27,749
up €27,749 (+65.1%), from €42,623 to €70,372
- Short-term financial debts +€20,378
up €20,378 (+50.9%), from €40,000 to €60,378
- Gross operating margin +€15,385
up €15,385 (+3.3%), from €459,542 to €474,927
- Staff costs +€11,883
up €11,883 (+10.5%), from €113,039 to €124,922
- Other operating charges +€7,925
up €7,925 (+308%), from €2,573 to €10,498
- Financial charges -€5,468
down €5,468 (-29.3%), from €18,645 to €13,177
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.
Derived cash bridge
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 | €1,731,321 | €1,761,988 | +€30,667 | +1.8% |
| Fixed assets | 21/28 | €1,566,660 | €1,570,299 | +€3,639 | +0.2% |
| Intangible fixed assets | 21 | €1,558,802 | €1,558,802 | +€0 | 0.0% |
| Tangible fixed assets | 22/27 | €4,258 | €7,897 | +€3,639 | +85.5% |
| Plant, machinery and equipment | 23 | €4,258 | €1,850 | -€2,408 | -56.5% |
| Furniture and vehicles | 24 | €0 | €6,047 | +€6,047 | |
| Financial fixed assets | 28 | €3,600 | €3,600 | = | 0.0% |
| Current assets | 29/58 | €164,661 | €191,688 | +€27,027 | +16.4% |
| Amounts receivable within one year | 40/41 | €157,482 | €182,787 | +€25,305 | +16.1% |
| Trade receivables | 40 | €89,748 | €158,806 | +€69,058 | +76.9% |
| Other amounts receivable | 41 | €67,734 | €23,982 | -€43,752 | -64.6% |
| Cash at bank and in hand | 54/58 | €5,056 | €3,621 | -€1,435 | -28.4% |
| Deferred charges and accrued income | 490/1 | €2,123 | €5,280 | +€3,157 | +149% |
| Total equity and liabilities | 10/49 | €1,731,321 | €1,761,988 | +€30,667 | +1.8% |
| Equity | 10/15 | €1,027,634 | €1,230,441 | +€202,807 | +19.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,015,234 | €1,218,041 | +€202,807 | +20.0% |
| Amounts payable | 17/49 | €703,687 | €531,546 | -€172,141 | -24.5% |
| Amounts payable after more than one year | 17 | €305,106 | €82,352 | -€222,754 | -73.0% |
| Financial debts | 170/4 | €305,106 | €82,352 | -€222,754 | -73.0% |
| Amounts payable within one year | 42/48 | €398,581 | €449,195 | +€50,614 | +12.7% |
| Current portion of amounts payable after more than one year | 42 | €229,742 | €239,638 | +€9,896 | +4.3% |
| Financial debts | 43 | €40,000 | €60,378 | +€20,378 | +50.9% |
| Credit institutions | 430/8 | €40,000 | €60,378 | +€20,378 | +50.9% |
| Trade debts | 44 | €19,091 | €7,447 | -€11,644 | -61.0% |
| Suppliers | 440/4 | €19,091 | €7,447 | -€11,644 | -61.0% |
| Taxes, remuneration and social security | 45 | €67,125 | €71,358 | +€4,233 | +6.3% |
| Taxes | 450/3 | €53,844 | €54,237 | +€393 | +0.7% |
| Remuneration and social security | 454/9 | €13,281 | €17,121 | +€3,840 | +28.9% |
| Other amounts payable | 47/48 | €42,623 | €70,372 | +€27,749 | +65.1% |
| Remuneration, social security and pensions | 62 | €113,039 | €124,922 | +€11,883 | +10.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,428 | €3,252 | -€3,176 | -49.4% |
| Other operating charges | 640/8 | €2,573 | €10,498 | +€7,925 | +308% |
| Gross operating margin | 9900 | €459,542 | €474,927 | +€15,385 | +3.3% |
| Operating profit (loss) | 9901 | €337,502 | €336,255 | -€1,247 | -0.4% |
| Financial charges | 65/66B | €18,645 | €13,177 | -€5,468 | -29.3% |
| Recurring financial charges | 65 | €18,645 | €13,177 | -€5,468 | -29.3% |
| Profit (loss) for the period before taxes | 9903 | €318,857 | €323,078 | +€4,221 | +1.3% |
| Income taxes | 67/77 | €85,622 | €90,271 | +€4,649 | +5.4% |
| Profit (loss) for the period | 9904 | €233,235 | €232,808 | -€427 | -0.2% |
| Profit (loss) for the period to be appropriated | 9905 | €233,235 | €232,808 | -€427 | -0.2% |
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 29 October 2026 via checked.be.