FL 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.
FL Assurances
Largest movements
- Current investments +€72,000
up €72,000 (+8.9%), from €806,128 to €878,128
- Cash +€34,006
up €34,006 (+35.7%), from €95,269 to €129,275
mainly Other debts (+€168,450) and Net result for the year (+€154,628)
- Other debts +€168,450
up €168,450 (+222%), from €76,000 to €244,450
- Reserves -€120,000
down €120,000 (-22.0%), from €544,750 to €424,750
of which Distributable reserves: -€120,000
- Tax, wage and social debts +€32,103
up €32,103 (+313%), from €10,250 to €42,353
of which Taxes: +€28,391
- Profit (loss) carried forward +€14,628
up €14,628 (+5.0%), from €295,120 to €309,748
- Gross operating margin +€17,057
up €17,057 (+7.3%), from €234,406 to €251,463
- Depreciation -€13,067
down €13,067 (-55.5%), from €23,555 to €10,488
- Taxes +€10,591
up €10,591 (+18.8%), from €56,250 to €66,841
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 | €941,131 | €1,041,366 | +€100,235 | +10.7% |
| Fixed assets | 21/28 | €26,450 | €23,485 | -€2,965 | -11.2% |
| Tangible fixed assets | 22/27 | €26,250 | €23,285 | -€2,965 | -11.3% |
| Land and buildings | 22 | €20,051 | €17,016 | -€3,034 | -15.1% |
| Plant, machinery and equipment | 23 | €634 | €1,254 | +€620 | +97.9% |
| Furniture and vehicles | 24 | €5,566 | €5,015 | -€551 | -9.9% |
| Financial fixed assets | 28 | €200 | €200 | = | 0.0% |
| Current assets | 29/58 | €914,681 | €1,017,881 | +€103,200 | +11.3% |
| Amounts receivable within one year | 40/41 | €10,784 | €9,584 | -€1,200 | -11.1% |
| Trade receivables | 40 | €5,629 | €9 | -€5,620 | -99.8% |
| Other amounts receivable | 41 | €5,155 | €9,575 | +€4,420 | +85.7% |
| Current investments | 50/53 | €806,128 | €878,128 | +€72,000 | +8.9% |
| Cash at bank and in hand | 54/58 | €95,269 | €129,275 | +€34,006 | +35.7% |
| Deferred charges and accrued income | 490/1 | €2,499 | €893 | -€1,606 | -64.3% |
| Total equity and liabilities | 10/49 | €941,131 | €1,041,366 | +€100,235 | +10.7% |
| Equity | 10/15 | €854,130 | €748,758 | -€105,372 | -12.3% |
| Contributions | 10/11 | €14,260 | €14,260 | = | 0.0% |
| Reserves | 13 | €544,750 | €424,750 | -€120,000 | -22.0% |
| Tax-exempt reserves | 132 | €24,750 | €24,750 | = | 0.0% |
| Distributable reserves | 133 | €520,000 | €400,000 | -€120,000 | -23.1% |
| Profit (loss) carried forward | 14 | €295,120 | €309,748 | +€14,628 | +5.0% |
| Amounts payable | 17/49 | €87,001 | €292,608 | +€205,607 | +236% |
| Amounts payable within one year | 42/48 | €87,001 | €292,608 | +€205,607 | +236% |
| Trade debts | 44 | €751 | €5,805 | +€5,054 | +673% |
| Suppliers | 440/4 | €751 | €5,805 | +€5,054 | +673% |
| Taxes, remuneration and social security | 45 | €10,250 | €42,353 | +€32,103 | +313% |
| Taxes | 450/3 | €10,250 | €38,641 | +€28,391 | +277% |
| Remuneration and social security | 454/9 | - | €3,712 | +€3,712 | |
| Other amounts payable | 47/48 | €76,000 | €244,450 | +€168,450 | +222% |
| Remuneration, social security and pensions | 62 | €16,873 | €16,346 | -€527 | -3.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,555 | €10,488 | -€13,067 | -55.5% |
| Other operating charges | 640/8 | €911 | €1,525 | +€615 | +67.5% |
| Gross operating margin | 9900 | €234,406 | €251,463 | +€17,057 | +7.3% |
| Operating profit (loss) | 9901 | €193,068 | €223,103 | +€30,036 | +15.6% |
| Financial income | 75/76B | €54 | €0 | -€54 | -99.3% |
| Recurring financial income | 75 | €54 | €0 | -€54 | -99.3% |
| Financial charges | 65/66B | €1,430 | €1,635 | +€205 | +14.4% |
| Recurring financial charges | 65 | €1,430 | €1,635 | +€205 | +14.4% |
| Profit (loss) for the period before taxes | 9903 | €191,692 | €221,468 | +€29,777 | +15.5% |
| Income taxes | 67/77 | €56,250 | €66,841 | +€10,591 | +18.8% |
| Profit (loss) for the period | 9904 | €135,442 | €154,628 | +€19,186 | +14.2% |
| Profit (loss) for the period to be appropriated | 9905 | €135,442 | €154,628 | +€19,186 | +14.2% |
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 18 October 2026 via checked.be.