EURO - FINANCES: what changed
What changed
EURO - FINANCES
NACE 66.220, Insurance agents and brokers
filed annual accounts (NBB)
Net result for the year
€145,107
2024 · €218,567-€73,460
Equity
€796,104
2024 · €677,102+€119,002
Cash
€707,453
2024 · €577,140+€130,313
Balance sheet total
€1.1m
2024 · €960,804+€96,292
Largest movements
Assets
- Cash +€130,313
up €130,313 (+22.6%), from €577,140 to €707,453
mainly Net result for the year (+€145,107) and Trade debts (+€43,445)
- Receivables within one year -€34,701
down €34,701 (-63.7%), from €54,503 to €19,803
of which Other amounts receivable: -€26,067
Equity and liabilities
- Reserves +€119,002
up €119,002 (+31.6%), from €377,102 to €496,104
of which Distributable reserves: +€119,002
- Tax, wage and social debts -€48,660
down €48,660 (-36.7%), from €132,641 to €83,982
of which Taxes: -€48,103
- Trade debts +€43,445
up €43,445 (+150%), from €29,057 to €72,502
- Current portion of long-term debt -€18,378
down €18,378 (-15.1%), from €121,377 to €102,999
Income statement
- Gross operating margin -€96,098
down €96,098 (-11.7%), from €820,474 to €724,376
- Taxes -€34,008
down €34,008 (-45.3%), from €74,994 to €40,985
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€218,567
Gross operating margin
-€96,098
Staff costs
-€7,500
Depreciation
+€553
Other operating charges
-€1,136
Other operating items
-€717
Financial income
-€877
Financial charges
-€1,693
Taxes
+€34,008
Result 2025
€145,107
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€182,583
Investment
-€7,787
Financing
-€44,483
Cash 2024
€577,140
From operations (derived)
+€182,583
Net result for the year
+€145,107
Depreciation
+€14,424
Receivables within one year
+€34,701
Deferred charges and accrued income
-€7,316
Trade debts
+€43,445
Tax, wage and social debts
-€48,660
Other debts
+€1,016
Accrued charges and deferred income
-€133
Investment (derived)
-€7,787
Investment in fixed assets (net)
-€7,787
Financing
-€44,483
Current portion of long-term debt
-€18,378
Contributions, distributions and other
-€26,105
Cash 2025
€707,453
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €960,804 | €1,057,096 | +€96,292 | +10.0% |
| Fixed assets | 21/28 | €56,601 | €49,965 | -€6,636 | -11.7% |
| Tangible fixed assets | 22/27 | €41,463 | €33,766 | -€7,696 | -18.6% |
| Furniture and vehicles | 24 | €9,865 | €8,518 | -€1,347 | -13.7% |
| Other tangible fixed assets | 26 | €31,598 | €25,248 | -€6,349 | -20.1% |
| Financial fixed assets | 28 | €15,139 | €16,199 | +€1,060 | +7.0% |
| Current assets | 29/58 | €904,203 | €1,007,131 | +€102,928 | +11.4% |
| Amounts receivable within one year | 40/41 | €54,503 | €19,803 | -€34,701 | -63.7% |
| Trade receivables | 40 | €9,413 | €779 | -€8,634 | -91.7% |
| Other amounts receivable | 41 | €45,090 | €19,024 | -€26,067 | -57.8% |
| Cash at bank and in hand | 54/58 | €577,140 | €707,453 | +€130,313 | +22.6% |
| Deferred charges and accrued income | 490/1 | €272,560 | €279,875 | +€7,316 | +2.7% |
| Total equity and liabilities | 10/49 | €960,804 | €1,057,096 | +€96,292 | +10.0% |
| Equity | 10/15 | €677,102 | €796,104 | +€119,002 | +17.6% |
| Contributions | 10/11 | €300,000 | €300,000 | = | 0.0% |
| Capital | 10 | €300,000 | €300,000 | = | 0.0% |
| Issued capital | 100 | €300,000 | €300,000 | = | 0.0% |
| Reserves | 13 | €377,102 | €496,104 | +€119,002 | +31.6% |
| Non-distributable reserves | 130/1 | €30,000 | €30,000 | = | 0.0% |
| Legal reserve | 130 | €30,000 | €30,000 | = | 0.0% |
| Distributable reserves | 133 | €347,102 | €466,104 | +€119,002 | +34.3% |
| Amounts payable | 17/49 | €283,702 | €260,992 | -€22,710 | -8.0% |
| Amounts payable within one year | 42/48 | €283,075 | €260,498 | -€22,577 | -8.0% |
| Current portion of amounts payable after more than one year | 42 | €121,377 | €102,999 | -€18,378 | -15.1% |
| Trade debts | 44 | €29,057 | €72,502 | +€43,445 | +150% |
| Suppliers | 440/4 | €29,057 | €72,502 | +€43,445 | +150% |
| Taxes, remuneration and social security | 45 | €132,641 | €83,982 | -€48,660 | -36.7% |
| Taxes | 450/3 | €61,060 | €12,958 | -€48,103 | -78.8% |
| Remuneration and social security | 454/9 | €71,581 | €71,024 | -€557 | -0.8% |
| Other amounts payable | 47/48 | - | €1,016 | +€1,016 | |
| Accrued charges and deferred income | 492/3 | €627 | €494 | -€133 | -21.2% |
| Non-recurring operating income | 76A | €62 | - | -€62 | |
| Remuneration, social security and pensions | 62 | €495,670 | €503,170 | +€7,500 | +1.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,976 | €14,424 | -€553 | -3.7% |
| Other operating charges | 640/8 | €3,007 | €4,142 | +€1,136 | +37.8% |
| Non-recurring operating charges | 66A | €1,477 | €2,194 | +€717 | +48.6% |
| Gross operating margin | 9900 | €820,474 | €724,376 | -€96,098 | -11.7% |
| Operating profit (loss) | 9901 | €305,344 | €200,446 | -€104,898 | -34.4% |
| Financial income | 75/76B | €2,821 | €1,944 | -€877 | -31.1% |
| Recurring financial income | 75 | €2,821 | €1,944 | -€877 | -31.1% |
| Financial charges | 65/66B | €14,604 | €16,298 | +€1,693 | +11.6% |
| Recurring financial charges | 65 | €13,983 | €14,744 | +€761 | +5.4% |
| Non-recurring financial charges | 66B | €621 | €1,553 | +€932 | +150% |
| Profit (loss) for the period before taxes | 9903 | €293,560 | €186,092 | -€107,468 | -36.6% |
| Income taxes | 67/77 | €74,994 | €40,985 | -€34,008 | -45.3% |
| Profit (loss) for the period | 9904 | €218,567 | €145,107 | -€73,460 | -33.6% |
| Profit (loss) for the period to be appropriated | 9905 | €218,567 | €145,107 | -€73,460 | -33.6% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.