DS 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.
DS INSURANCE
Largest movements
- Cash +€37,031
up €37,031 (+18.5%), from €200,529 to €237,559
mainly Other debts (+€45,210) and Depreciation (+€30,065)
- Tangible fixed assets -€30,065
down €30,065 (-19.6%), from €153,461 to €123,397
of which Furniture and vehicles: -€20,839
- Deferred charges and accrued income -€5,671
down €5,671 (-19.1%), from €29,678 to €24,007
- Other debts +€45,210
up €45,210, from €0 to €45,210
- Debts after one year -€14,366
down €14,366 (-31.2%), from €46,056 to €31,690
- Reserves -€12,991
down €12,991 (-4.6%), from €280,112 to €267,120
of which Distributable reserves: -€12,991
- Current portion of long-term debt -€9,921
down €9,921 (-40.8%), from €24,288 to €14,366
- Trade debts -€6,956
down €6,956 (-86.8%), from €8,013 to €1,057
- Staff costs +€3,856
up €3,856 (+7.5%), from €51,670 to €55,525
- Gross operating margin -€3,800
down €3,800 (-2.9%), from €129,143 to €125,343
- Taxes -€1,788
down €1,788 (-14.0%), from €12,774 to €10,987
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 | €386,017 | €384,963 | -€1,055 | -0.3% |
| Fixed assets | 21/28 | €153,461 | €123,397 | -€30,065 | -19.6% |
| Tangible fixed assets | 22/27 | €153,461 | €123,397 | -€30,065 | -19.6% |
| Land and buildings | 22 | €107,930 | €99,604 | -€8,327 | -7.7% |
| Plant, machinery and equipment | 23 | €1,354 | €455 | -€899 | -66.4% |
| Furniture and vehicles | 24 | €44,176 | €23,338 | -€20,839 | -47.2% |
| Current assets | 29/58 | €232,556 | €261,566 | +€29,010 | +12.5% |
| Amounts receivable within one year | 40/41 | €2,350 | €0 | -€2,350 | -100% |
| Other amounts receivable | 41 | €2,350 | €0 | -€2,350 | -100% |
| Cash at bank and in hand | 54/58 | €200,529 | €237,559 | +€37,031 | +18.5% |
| Deferred charges and accrued income | 490/1 | €29,678 | €24,007 | -€5,671 | -19.1% |
| Total equity and liabilities | 10/49 | €386,017 | €384,963 | -€1,055 | -0.3% |
| Equity | 10/15 | €286,312 | €273,320 | -€12,991 | -4.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €280,112 | €267,120 | -€12,991 | -4.6% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €280,112 | €267,120 | -€12,991 | -4.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €99,706 | €111,643 | +€11,937 | +12.0% |
| Amounts payable after more than one year | 17 | €46,056 | €31,690 | -€14,366 | -31.2% |
| Financial debts | 170/4 | €46,056 | €31,690 | -€14,366 | -31.2% |
| Amounts payable within one year | 42/48 | €53,530 | €79,830 | +€26,300 | +49.1% |
| Current portion of amounts payable after more than one year | 42 | €24,288 | €14,366 | -€9,921 | -40.8% |
| Financial debts | 43 | €2,717 | €2,714 | -€3 | -0.1% |
| Credit institutions | 430/8 | €2,717 | €2,714 | -€3 | -0.1% |
| Trade debts | 44 | €8,013 | €1,057 | -€6,956 | -86.8% |
| Suppliers | 440/4 | €8,013 | €1,057 | -€6,956 | -86.8% |
| Taxes, remuneration and social security | 45 | €18,512 | €16,482 | -€2,031 | -11.0% |
| Taxes | 450/3 | €4,462 | €3,547 | -€915 | -20.5% |
| Remuneration and social security | 454/9 | €14,050 | €12,935 | -€1,115 | -7.9% |
| Other amounts payable | 47/48 | €0 | €45,210 | +€45,210 | |
| Accrued charges and deferred income | 492/3 | €120 | €123 | +€3 | +2.6% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €51,670 | €55,525 | +€3,856 | +7.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,065 | €30,065 | = | 0.0% |
| Other operating charges | 640/8 | €2,752 | €3,229 | +€477 | +17.3% |
| Gross operating margin | 9900 | €129,143 | €125,343 | -€3,800 | -2.9% |
| Operating profit (loss) | 9901 | €44,657 | €36,524 | -€8,133 | -18.2% |
| Financial income | 75/76B | €1,174 | €2,099 | +€924 | +78.7% |
| Recurring financial income | 75 | €1,174 | €2,099 | +€924 | +78.7% |
| Financial charges | 65/66B | €1,585 | €1,190 | -€394 | -24.9% |
| Recurring financial charges | 65 | €1,585 | €1,190 | -€394 | -24.9% |
| Profit (loss) for the period before taxes | 9903 | €44,246 | €37,432 | -€6,814 | -15.4% |
| Income taxes | 67/77 | €12,774 | €10,987 | -€1,788 | -14.0% |
| Profit (loss) for the period | 9904 | €31,472 | €26,446 | -€5,026 | -16.0% |
| Profit (loss) for the period to be appropriated | 9905 | €31,472 | €26,446 | -€5,026 | -16.0% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.