Decat 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.
Decat Assurances
Largest movements
- Current investments -€170,000
no longer reported in 2025 (was €170,000)
- Receivables within one year +€108,338
new in 2025: €108,338
of which Trade receivables: +€72,901
- Tangible fixed assets -€54,458
down €54,458 (-38.1%), from €142,851 to €88,393
of which Furniture and vehicles: -€45,234
- Cash +€20,310
up €20,310 (+21.5%), from €94,584 to €114,894
mainly Net result for the year (+€173,573) and Current investments (+€170,000)
- Other debts -€69,169
down €69,169 (-35.6%), from €194,447 to €125,279
- Profit (loss) carried forward +€51,391
up €51,391 (+181%), from €28,326 to €79,718
- Debts after one year -€37,365
down €37,365 (-43.0%), from €86,889 to €49,524
- Tax, wage and social debts -€36,056
down €36,056 (-65.8%), from €54,771 to €18,715
of which Taxes: -€25,759
- Current portion of long-term debt -€8,805
down €8,805 (-28.6%), from €30,739 to €21,934
- Gross operating margin -€93,977
down €93,977 (-15.5%), from €606,609 to €512,632
- Taxes -€21,196
down €21,196 (-24.7%), from €85,759 to €64,562
- Staff costs -€8,740
down €8,740 (-3.7%), from €235,597 to €226,858
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 | €407,435 | €311,625 | -€95,810 | -23.5% |
| Fixed assets | 21/28 | €142,851 | €88,393 | -€54,458 | -38.1% |
| Tangible fixed assets | 22/27 | €142,851 | €88,393 | -€54,458 | -38.1% |
| Land and buildings | 22 | €9,812 | €7,500 | -€2,312 | -23.6% |
| Plant, machinery and equipment | 23 | €18,264 | €13,070 | -€5,195 | -28.4% |
| Furniture and vehicles | 24 | €110,664 | €65,430 | -€45,234 | -40.9% |
| Other tangible fixed assets | 26 | €4,110 | €2,393 | -€1,717 | -41.8% |
| Current assets | 29/58 | €264,584 | €223,233 | -€41,352 | -15.6% |
| Amounts receivable within one year | 40/41 | - | €108,338 | +€108,338 | |
| Trade receivables | 40 | - | €72,901 | +€72,901 | |
| Other amounts receivable | 41 | - | €35,438 | +€35,438 | |
| Current investments | 50/53 | €170,000 | - | -€170,000 | |
| Cash at bank and in hand | 54/58 | €94,584 | €114,894 | +€20,310 | +21.5% |
| Total equity and liabilities | 10/49 | €407,435 | €311,625 | -€95,810 | -23.5% |
| Equity | 10/15 | €39,201 | €87,774 | +€48,573 | +124% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €4,678 | €1,859 | -€2,819 | -60.3% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €2,819 | - | -€2,819 | |
| Profit (loss) carried forward | 14 | €28,326 | €79,718 | +€51,391 | +181% |
| Provisions and deferred taxes | 16 | €1,388 | - | -€1,388 | |
| Provisions for liabilities and charges | 160/5 | €1,388 | - | -€1,388 | |
| Taxes | 161 | €1,388 | - | -€1,388 | |
| Amounts payable | 17/49 | €366,846 | €223,851 | -€142,994 | -39.0% |
| Amounts payable after more than one year | 17 | €86,889 | €49,524 | -€37,365 | -43.0% |
| Financial debts | 170/4 | €86,889 | €49,524 | -€37,365 | -43.0% |
| Amounts payable within one year | 42/48 | €279,957 | €172,506 | -€107,451 | -38.4% |
| Current portion of amounts payable after more than one year | 42 | €30,739 | €21,934 | -€8,805 | -28.6% |
| Trade debts | 44 | - | €6,578 | +€6,578 | |
| Suppliers | 440/4 | - | €6,578 | +€6,578 | |
| Taxes, remuneration and social security | 45 | €54,771 | €18,715 | -€36,056 | -65.8% |
| Taxes | 450/3 | €25,759 | - | -€25,759 | |
| Remuneration and social security | 454/9 | €29,012 | €18,715 | -€10,297 | -35.5% |
| Other amounts payable | 47/48 | €194,447 | €125,279 | -€69,169 | -35.6% |
| Accrued charges and deferred income | 492/3 | - | €1,821 | +€1,821 | |
| Remuneration, social security and pensions | 62 | €235,597 | €226,858 | -€8,740 | -3.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,014 | €36,528 | -€5,486 | -13.1% |
| Other operating charges | 640/8 | €12,417 | €9,908 | -€2,509 | -20.2% |
| Non-recurring operating charges | 66A | €126 | - | -€126 | |
| Gross operating margin | 9900 | €606,609 | €512,632 | -€93,977 | -15.5% |
| Operating profit (loss) | 9901 | €316,455 | €239,338 | -€77,117 | -24.4% |
| Financial income | 75/76B | €4,122 | €1,814 | -€2,308 | -56.0% |
| Recurring financial income | 75 | €4,122 | €1,814 | -€2,308 | -56.0% |
| Financial charges | 65/66B | €3,243 | €4,405 | +€1,162 | +35.8% |
| Recurring financial charges | 65 | €3,243 | €4,405 | +€1,162 | +35.8% |
| Profit (loss) for the period before taxes | 9903 | €317,333 | €236,747 | -€80,586 | -25.4% |
| Transfer from deferred taxes | 780 | €1,388 | €1,388 | -€0 | 0.0% |
| Income taxes | 67/77 | €85,759 | €64,562 | -€21,196 | -24.7% |
| Profit (loss) for the period | 9904 | €232,963 | €173,573 | -€59,390 | -25.5% |
| Transfer from tax-exempt reserves | 789 | €2,819 | €2,819 | -€0 | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €235,782 | €176,391 | -€59,390 | -25.2% |
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 24 October 2026 via checked.be.