FINSURIA: what changed
Two fiscal 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.
FINSURIA
Largest movements
- Intangible fixed assets -€42,000
down €42,000 (-46.7%), from €90,000 to €48,000
- Tangible fixed assets -€41,102
down €41,102 (-8.8%), from €467,318 to €426,216
of which Land and buildings: -€23,698
- Debts after one year -€84,080
down €84,080 (-18.2%), from €462,502 to €378,422
of which Financial debts: -€70,822
- Accrued charges and deferred income +€21,500
new in 2025: €21,500
- Other debts -€12,577
down €12,577 (-98.2%), from €12,814 to €236
- Staff costs +€29,660
up €29,660 (+32.6%), from €91,024 to €120,685
- Taxes -€7,888
down €7,888, from €4,765 to -€3,123
- Gross operating margin +€5,500
up €5,500 (+2.7%), from €206,361 to €211,861
- Other operating charges -€3,799
down €3,799 (-39.5%), from €9,619 to €5,820
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 | €683,204 | €596,512 | -€86,692 | -12.7% |
| Fixed assets | 21/28 | €557,318 | €474,216 | -€83,102 | -14.9% |
| Intangible fixed assets | 21 | €90,000 | €48,000 | -€42,000 | -46.7% |
| Tangible fixed assets | 22/27 | €467,318 | €426,216 | -€41,102 | -8.8% |
| Land and buildings | 22 | €425,841 | €402,142 | -€23,698 | -5.6% |
| Other tangible fixed assets | 26 | €41,477 | €24,074 | -€17,404 | -42.0% |
| Current assets | 29/58 | €125,886 | €122,296 | -€3,590 | -2.9% |
| Cash at bank and in hand | 54/58 | €101,939 | €96,430 | -€5,510 | -5.4% |
| Deferred charges and accrued income | 490/1 | €23,947 | €25,867 | +€1,920 | +8.0% |
| Total equity and liabilities | 10/49 | €683,204 | €596,512 | -€86,692 | -12.7% |
| Equity | 10/15 | €100,337 | €100,344 | +€7 | 0.0% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €337 | €344 | +€7 | +2.1% |
| Amounts payable | 17/49 | €582,867 | €496,169 | -€86,699 | -14.9% |
| Amounts payable after more than one year | 17 | €462,502 | €378,422 | -€84,080 | -18.2% |
| Financial debts | 170/4 | €449,244 | €378,422 | -€70,822 | -15.8% |
| Other amounts payable | 178/9 | €13,258 | - | -€13,258 | |
| Amounts payable within one year | 42/48 | €120,365 | €96,247 | -€24,118 | -20.0% |
| Current portion of amounts payable after more than one year | 42 | €84,445 | €84,080 | -€365 | -0.4% |
| Trade debts | 44 | €6,024 | €652 | -€5,372 | -89.2% |
| Suppliers | 440/4 | €6,024 | €652 | -€5,372 | -89.2% |
| Taxes, remuneration and social security | 45 | €17,083 | €11,278 | -€5,804 | -34.0% |
| Taxes | 450/3 | €6,434 | €444 | -€5,991 | -93.1% |
| Remuneration and social security | 454/9 | €10,649 | €10,835 | +€186 | +1.7% |
| Other amounts payable | 47/48 | €12,814 | €236 | -€12,577 | -98.2% |
| Accrued charges and deferred income | 492/3 | - | €21,500 | +€21,500 | |
| Remuneration, social security and pensions | 62 | €91,024 | €120,685 | +€29,660 | +32.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €83,102 | €83,102 | -€0 | 0.0% |
| Other operating charges | 640/8 | €9,619 | €5,820 | -€3,799 | -39.5% |
| Gross operating margin | 9900 | €206,361 | €211,861 | +€5,500 | +2.7% |
| Operating profit (loss) | 9901 | €22,615 | €2,254 | -€20,361 | -90.0% |
| Financial income | 75/76B | €615 | €152 | -€463 | -75.3% |
| Recurring financial income | 75 | €615 | €152 | -€463 | -75.3% |
| Financial charges | 65/66B | €7,522 | €5,522 | -€1,999 | -26.6% |
| Recurring financial charges | 65 | €7,522 | €5,522 | -€1,999 | -26.6% |
| Profit (loss) for the period before taxes | 9903 | €15,709 | -€3,116 | -€18,825 | |
| Income taxes | 67/77 | €4,765 | -€3,123 | -€7,888 | |
| Profit (loss) for the period | 9904 | €10,944 | €7 | -€10,937 | -99.9% |
| Profit (loss) for the period to be appropriated | 9905 | €10,944 | €7 | -€10,937 | -99.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.