GAENS VERZEKERINGEN: what changed
What changed
GAENS VERZEKERINGEN
NACE 66.220, Insurance agents and brokers
filed annual accounts (NBB)
Net result for the year
€42,547
2024 · €53,097-€10,550
Equity
€253,610
2024 · €325,320-€71,710
Cash
€190,944
2024 · €169,745+€21,199
Balance sheet total
€515,493
2024 · €441,619+€73,873
Largest movements
Assets
- Tangible fixed assets +€38,811
up €38,811 (+22.6%), from €171,497 to €210,307
of which Furniture and vehicles: +€47,050
- Cash +€21,199
up €21,199 (+12.5%), from €169,745 to €190,944
mainly Other debts (+€110,218) and Depreciation (+€52,500)
- Receivables within one year +€10,008
up €10,008 (+22.0%), from €45,542 to €55,551
of which Other amounts receivable: +€6,790
Equity and liabilities
- Other debts +€110,218
up €110,218 (+296%), from €37,189 to €147,407
- Reserves -€71,710
down €71,710 (-23.4%), from €306,720 to €235,010
- Debts after one year +€13,984
up €13,984 (+28.5%), from €49,133 to €63,117
- Current portion of long-term debt +€12,765
up €12,765 (+89.1%), from €14,331 to €27,097
Income statement
- Depreciation +€16,796
up €16,796 (+47.0%), from €35,705 to €52,500
- Staff costs -€10,418
down €10,418 (-22.2%), from €46,985 to €36,567
- Gross operating margin -€4,053
down €4,053 (-2.5%), from €163,399 to €159,346
- Financial charges +€3,645
up €3,645 (+68.9%), from €5,289 to €8,934
- Taxes -€2,863
down €2,863 (-12.8%), from €22,384 to €19,521
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
€53,097
Gross operating margin
-€4,053
Staff costs
+€10,418
Depreciation
-€16,796
Other operating charges
-€1,070
Other operating items
+€352
Financial income
+€1,379
Financial charges
-€3,645
Taxes
+€2,863
Result 2025
€42,547
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
+€200,018
Investment
-€91,311
Financing
-€87,508
Cash 2024
€169,745
From operations (derived)
+€200,018
Net result for the year
+€42,547
Depreciation
+€52,500
Receivables after one year
-€1,050
Receivables within one year
-€10,008
Deferred charges and accrued income
-€2,805
Trade debts
+€4,269
Tax, wage and social debts
+€1,668
Other debts
+€110,218
Accrued charges and deferred income
+€2,679
Investment (derived)
-€91,311
Investment in fixed assets (net)
-€91,311
Financing
-€87,508
Debts after one year
+€13,984
Current portion of long-term debt
+€12,765
Contributions, distributions and other
-€114,257
Cash 2025
€190,944
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €441,619 | €515,493 | +€73,873 | +16.7% |
| Fixed assets | 21/28 | €171,497 | €210,307 | +€38,811 | +22.6% |
| Tangible fixed assets | 22/27 | €171,497 | €210,307 | +€38,811 | +22.6% |
| Land and buildings | 22 | €64,071 | €57,655 | -€6,416 | -10.0% |
| Plant, machinery and equipment | 23 | €13,238 | €11,414 | -€1,823 | -13.8% |
| Furniture and vehicles | 24 | €94,188 | €141,238 | +€47,050 | +50.0% |
| Current assets | 29/58 | €270,123 | €305,185 | +€35,062 | +13.0% |
| Amounts receivable after more than one year | 29 | €52,513 | €53,563 | +€1,050 | +2.0% |
| Other amounts receivable | 291 | €52,513 | €53,563 | +€1,050 | +2.0% |
| Amounts receivable within one year | 40/41 | €45,542 | €55,551 | +€10,008 | +22.0% |
| Trade receivables | 40 | €29,437 | €32,655 | +€3,218 | +10.9% |
| Other amounts receivable | 41 | €16,105 | €22,896 | +€6,790 | +42.2% |
| Cash at bank and in hand | 54/58 | €169,745 | €190,944 | +€21,199 | +12.5% |
| Deferred charges and accrued income | 490/1 | €2,323 | €5,127 | +€2,805 | +121% |
| Total equity and liabilities | 10/49 | €441,619 | €515,493 | +€73,873 | +16.7% |
| Equity | 10/15 | €325,320 | €253,610 | -€71,710 | -22.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €306,720 | €235,010 | -€71,710 | -23.4% |
| Distributable reserves | 133 | €306,720 | €235,010 | -€71,710 | -23.4% |
| Amounts payable | 17/49 | €116,300 | €261,883 | +€145,583 | +125% |
| Amounts payable after more than one year | 17 | €49,133 | €63,117 | +€13,984 | +28.5% |
| Financial debts | 170/4 | €49,133 | €63,117 | +€13,984 | +28.5% |
| Amounts payable within one year | 42/48 | €64,268 | €193,189 | +€128,921 | +201% |
| Current portion of amounts payable after more than one year | 42 | €14,331 | €27,097 | +€12,765 | +89.1% |
| Trade debts | 44 | €5,218 | €9,487 | +€4,269 | +81.8% |
| Suppliers | 440/4 | €4,249 | €9,487 | +€5,239 | +123% |
| Bills of exchange payable | 441 | €969 | - | -€969 | |
| Taxes, remuneration and social security | 45 | €7,530 | €9,198 | +€1,668 | +22.1% |
| Remuneration and social security | 454/9 | €7,530 | €9,198 | +€1,668 | +22.1% |
| Other amounts payable | 47/48 | €37,189 | €147,407 | +€110,218 | +296% |
| Accrued charges and deferred income | 492/3 | €2,898 | €5,577 | +€2,679 | +92.4% |
| Non-recurring operating income | 76A | €22,000 | - | -€22,000 | |
| Remuneration, social security and pensions | 62 | €46,985 | €36,567 | -€10,418 | -22.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,705 | €52,500 | +€16,796 | +47.0% |
| Other operating charges | 640/8 | €2,095 | €3,165 | +€1,070 | +51.1% |
| Non-recurring operating charges | 66A | €352 | - | -€352 | |
| Gross operating margin | 9900 | €163,399 | €159,346 | -€4,053 | -2.5% |
| Operating profit (loss) | 9901 | €78,262 | €67,114 | -€11,148 | -14.2% |
| Financial income | 75/76B | €2,508 | €3,888 | +€1,379 | +55.0% |
| Recurring financial income | 75 | €2,508 | €3,888 | +€1,379 | +55.0% |
| Financial charges | 65/66B | €5,289 | €8,934 | +€3,645 | +68.9% |
| Recurring financial charges | 65 | €5,289 | €8,934 | +€3,645 | +68.9% |
| Profit (loss) for the period before taxes | 9903 | €75,482 | €62,068 | -€13,413 | -17.8% |
| Income taxes | 67/77 | €22,384 | €19,521 | -€2,863 | -12.8% |
| Profit (loss) for the period | 9904 | €53,097 | €42,547 | -€10,550 | -19.9% |
| Profit (loss) for the period to be appropriated | 9905 | €53,097 | €42,547 | -€10,550 | -19.9% |
Next steps
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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 3 November 2026 via checked.be.