CAP INSURANCE: 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.
CAP INSURANCE
Largest movements
- Cash +€95,786
up €95,786 (+408%), from €23,461 to €119,247
mainly Net result for the year (+€51,043) and Current investments (+€35,000)
- Current investments -€35,000
down €35,000 (-100%), from €35,000 to €0
- Tangible fixed assets +€4,279
up €4,279 (+560%), from €764 to €5,043
- Profit (loss) carried forward +€51,043
up €51,043 (+113%), from €45,145 to €96,188
- Tax, wage and social debts +€14,313
up €14,313 (+110%), from €12,965 to €27,278
- Gross operating margin +€7,030
up €7,030 (+12.0%), from €58,704 to €65,734
- Taxes +€1,765
up €1,765 (+13.7%), from €12,852 to €14,618
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 | €61,037 | €126,252 | +€65,215 | +107% |
| Fixed assets | 21/28 | €764 | €5,043 | +€4,279 | +560% |
| Tangible fixed assets | 22/27 | €764 | €5,043 | +€4,279 | +560% |
| Furniture and vehicles | 24 | €764 | €5,043 | +€4,279 | +560% |
| Current assets | 29/58 | €60,273 | €121,210 | +€60,937 | +101% |
| Current investments | 50/53 | €35,000 | €0 | -€35,000 | -100% |
| Cash at bank and in hand | 54/58 | €23,461 | €119,247 | +€95,786 | +408% |
| Deferred charges and accrued income | 490/1 | €1,812 | €1,963 | +€151 | +8.3% |
| Total equity and liabilities | 10/49 | €61,037 | €126,252 | +€65,215 | +107% |
| Equity | 10/15 | €47,645 | €98,688 | +€51,043 | +107% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €45,145 | €96,188 | +€51,043 | +113% |
| Amounts payable | 17/49 | €13,392 | €27,564 | +€14,172 | +106% |
| Amounts payable within one year | 42/48 | €13,392 | €27,564 | +€14,172 | +106% |
| Trade debts | 44 | €381 | €285 | -€96 | -25.2% |
| Suppliers | 440/4 | €381 | €285 | -€96 | -25.2% |
| Taxes, remuneration and social security | 45 | €12,965 | €27,278 | +€14,313 | +110% |
| Taxes | 450/3 | €12,965 | €27,278 | +€14,313 | +110% |
| Other amounts payable | 47/48 | €46 | €2 | -€44 | -96.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €289 | €598 | +€309 | +107% |
| Other operating charges | 640/8 | €50 | €0 | -€50 | -100% |
| Gross operating margin | 9900 | €58,704 | €65,734 | +€7,030 | +12.0% |
| Operating profit (loss) | 9901 | €58,365 | €65,136 | +€6,771 | +11.6% |
| Financial income | 75/76B | €10 | €642 | +€632 | +6,330% |
| Recurring financial income | 75 | €10 | €642 | +€632 | +6,330% |
| Financial charges | 65/66B | €377 | €117 | -€261 | -69.1% |
| Recurring financial charges | 65 | €377 | €117 | -€261 | -69.1% |
| Profit (loss) for the period before taxes | 9903 | €57,997 | €65,661 | +€7,663 | +13.2% |
| Income taxes | 67/77 | €12,852 | €14,618 | +€1,765 | +13.7% |
| Profit (loss) for the period | 9904 | €45,145 | €51,043 | +€5,898 | +13.1% |
| Profit (loss) for the period to be appropriated | 9905 | €45,145 | €51,043 | +€5,898 | +13.1% |
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 22 October 2026 via checked.be.