FLG 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.
FLG Insurance
Largest movements
- Receivables within one year -€1,419
down €1,419 (-14.5%), from €9,808 to €8,390
of which Trade receivables: -€2,568
- Cash -€1,011
down €1,011 (-45.4%), from €2,228 to €1,218
mainly Other debts (-€11,741) and Debts after one year (-€5,837)
- Other debts -€11,741
down €11,741 (-96.0%), from €12,227 to €486
- Profit (loss) carried forward +€11,383
up €11,383, from -€1,700 to €9,683
- Debts after one year -€5,837
down €5,837 (-26.3%), from €22,156 to €16,319
- Short-term financial debts +€3,340
new in 2025: €3,340
- Current portion of long-term debt +€783
up €783 (+15.5%), from €5,055 to €5,837
- Purchases and services +€4,725
up €4,725 (+14.8%), from €31,971 to €36,696
- Taxes +€2,279
up €2,279 (+221%), from €1,033 to €3,312
- Financial charges +€1,725
up €1,725 (+1,601%), from €108 to €1,833
- Gross operating margin +€679
up €679 (+4.2%), from €16,357 to €17,036
- Other operating charges +€389
up €389 (+330%), from €118 to €507
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 | €44,037 | €41,607 | -€2,429 | -5.5% |
| Fixed assets | 21/28 | €32,000 | €32,000 | = | 0.0% |
| Financial fixed assets | 28 | €32,000 | €32,000 | = | 0.0% |
| Current assets | 29/58 | €12,037 | €9,607 | -€2,429 | -20.2% |
| Amounts receivable within one year | 40/41 | €9,808 | €8,390 | -€1,419 | -14.5% |
| Trade receivables | 40 | €9,808 | €7,240 | -€2,568 | -26.2% |
| Other amounts receivable | 41 | - | €1,149 | +€1,149 | |
| Cash at bank and in hand | 54/58 | €2,228 | €1,218 | -€1,011 | -45.4% |
| Total equity and liabilities | 10/49 | €44,037 | €41,607 | -€2,429 | -5.5% |
| Equity | 10/15 | €300 | €11,683 | +€11,383 | +3,796% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Contributions outside capital | 11 | €2,000 | €2,000 | = | 0.0% |
| Other | 1109/19 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,700 | €9,683 | +€11,383 | |
| Amounts payable | 17/49 | €43,737 | €29,924 | -€13,812 | -31.6% |
| Amounts payable after more than one year | 17 | €22,156 | €16,319 | -€5,837 | -26.3% |
| Financial debts | 170/4 | €22,156 | €16,319 | -€5,837 | -26.3% |
| Amounts payable within one year | 42/48 | €21,580 | €13,605 | -€7,975 | -37.0% |
| Current portion of amounts payable after more than one year | 42 | €5,055 | €5,837 | +€783 | +15.5% |
| Financial debts | 43 | - | €3,340 | +€3,340 | |
| Credit institutions | 430/8 | - | €3,340 | +€3,340 | |
| Trade debts | 44 | €3,265 | €3,596 | +€331 | +10.1% |
| Suppliers | 440/4 | €3,265 | €3,596 | +€331 | +10.1% |
| Taxes, remuneration and social security | 45 | €1,033 | €346 | -€688 | -66.5% |
| Taxes | 450/3 | €1,033 | €346 | -€688 | -66.5% |
| Other amounts payable | 47/48 | €12,227 | €486 | -€11,741 | -96.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €31,971 | €36,696 | +€4,725 | +14.8% |
| Other operating charges | 640/8 | €118 | €507 | +€389 | +330% |
| Gross operating margin | 9900 | €16,357 | €17,036 | +€679 | +4.2% |
| Operating profit (loss) | 9901 | €16,239 | €16,529 | +€290 | +1.8% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €108 | €1,833 | +€1,725 | +1,601% |
| Recurring financial charges | 65 | €108 | €1,833 | +€1,725 | +1,601% |
| Profit (loss) for the period before taxes | 9903 | €16,131 | €14,696 | -€1,436 | -8.9% |
| Income taxes | 67/77 | €1,033 | €3,312 | +€2,279 | +221% |
| Profit (loss) for the period | 9904 | €15,098 | €11,383 | -€3,715 | -24.6% |
| Profit (loss) for the period to be appropriated | 9905 | €15,098 | €11,383 | -€3,715 | -24.6% |
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 17 October 2026 via checked.be.