F & V INSURE: 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.
F & V INSURE
Largest movements
- Deferred charges and accrued income +€41,777
new in 2025: €41,777
- Receivables within one year -€18,737
down €18,737 (-17.8%), from €105,143 to €86,406
of which Other amounts receivable: -€20,553
- Tangible fixed assets -€10,092
down €10,092 (-20.7%), from €48,787 to €38,695
of which Furniture and vehicles: -€9,522
- Profit (loss) carried forward +€21,977
up €21,977 (+1227.1%), from €1,791 to €23,768
- Tax, wage and social debts +€9,451
new in 2025: €9,451
of which Taxes: +€6,500
- Trade debts -€8,618
down €8,618 (-87.8%), from €9,811 to €1,193
- Debts after one year -€7,388
down €7,388 (-21.7%), from €33,973 to €26,585
- Other debts -€4,944
down €4,944 (-38.3%), from €12,916 to €7,972
- Turnover -€392,508
no longer reported in 2025 (was €392,508)
- Purchases and services -€389,459
no longer reported in 2025 (was €389,459)
- Gross operating margin +€37,015
up €37,015 (+1214.0%), from €3,049 to €40,064
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.
Cash bridge derived
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 | €162,984 | €174,732 | +€11,748 | +7.2% |
| Fixed assets | 21/28 | €48,892 | €38,800 | -€10,092 | -20.6% |
| Tangible fixed assets | 22/27 | €48,787 | €38,695 | -€10,092 | -20.7% |
| Furniture and vehicles | 24 | €47,952 | €38,430 | -€9,522 | -19.9% |
| Other tangible fixed assets | 26 | €835 | €264 | -€571 | -68.4% |
| Financial fixed assets | 28 | €105 | €105 | +€0 | +0.4% |
| Current assets | 29/58 | €114,092 | €135,932 | +€21,840 | +19.1% |
| Amounts receivable within one year | 40/41 | €105,143 | €86,406 | -€18,737 | -17.8% |
| Trade receivables | 40 | €9,377 | €11,193 | +€1,816 | +19.4% |
| Other amounts receivable | 41 | €95,766 | €75,213 | -€20,553 | -21.5% |
| Cash at bank and in hand | 54/58 | €8,949 | €7,749 | -€1,200 | -13.4% |
| Deferred charges and accrued income | 490/1 | - | €41,777 | +€41,777 | |
| Total equity and liabilities | 10/49 | €162,984 | €174,732 | +€11,748 | +7.2% |
| Equity | 10/15 | €89,122 | €111,100 | +€21,978 | +24.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €68,731 | €68,732 | +€1 | 0.0% |
| Non-distributable reserves | 130/1 | €38,731 | €38,732 | +€1 | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Other | 1319 | €36,871 | €36,872 | +€1 | 0.0% |
| Distributable reserves | 133 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,791 | €23,768 | +€21,977 | +1227.1% |
| Amounts payable | 17/49 | €73,862 | €63,632 | -€10,230 | -13.8% |
| Amounts payable after more than one year | 17 | €33,973 | €26,585 | -€7,388 | -21.7% |
| Financial debts | 170/4 | €33,973 | €26,585 | -€7,388 | -21.7% |
| Amounts payable within one year | 42/48 | €30,115 | €26,004 | -€4,111 | -13.7% |
| Current portion of amounts payable after more than one year | 42 | €7,388 | €7,388 | -€0 | 0.0% |
| Trade debts | 44 | €9,811 | €1,193 | -€8,618 | -87.8% |
| Suppliers | 440/4 | €9,811 | €1,193 | -€8,618 | -87.8% |
| Taxes, remuneration and social security | 45 | - | €9,451 | +€9,451 | |
| Taxes | 450/3 | - | €6,500 | +€6,500 | |
| Remuneration and social security | 454/9 | - | €2,951 | +€2,951 | |
| Other amounts payable | 47/48 | €12,916 | €7,972 | -€4,944 | -38.3% |
| Accrued charges and deferred income | 492/3 | €9,774 | €11,043 | +€1,269 | +13.0% |
| Turnover | 70 | €392,508 | - | -€392,508 | |
| Goods, raw materials, services and sundry goods | 60/61 | €389,459 | - | -€389,459 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,331 | €12,924 | +€1,593 | +14.1% |
| Other operating charges | 640/8 | €898 | €383 | -€515 | -57.3% |
| Gross operating margin | 9900 | €3,049 | €40,064 | +€37,015 | +1214.0% |
| Operating profit (loss) | 9901 | -€9,180 | €26,756 | +€35,936 | |
| Financial income | 75/76B | €3 | €6 | +€3 | +100.0% |
| Recurring financial income | 75 | €3 | €6 | +€3 | +100.0% |
| Financial charges | 65/66B | €1,533 | €1,570 | +€37 | +2.4% |
| Recurring financial charges | 65 | €1,533 | €1,570 | +€37 | +2.4% |
| Profit (loss) for the period before taxes | 9903 | -€10,710 | €25,192 | +€35,902 | |
| Income taxes | 67/77 | -€18 | €3,216 | +€3,234 | |
| Profit (loss) for the period | 9904 | -€10,692 | €21,977 | +€32,669 | |
| Profit (loss) for the period to be appropriated | 9905 | -€10,692 | €21,977 | +€32,669 |
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 12 October 2026 via checked.be.