GILBERT 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.
GILBERT ASSURANCES
Largest movements
- Cash -€24,070
down €24,070 (-65.1%), from €36,982 to €12,912
mainly Other debts (-€8,004) and Net result for the year (-€5,678)
- Tangible fixed assets +€4,852
up €4,852 (+4744.3%), from €102 to €4,955
- Receivables within one year +€4,682
up €4,682 (+160.8%), from €2,912 to €7,593
- Other debts -€8,004
down €8,004 (-100.0%), from €8,004 to €0
- Profit (loss) carried forward -€5,678
down €5,678 (-36.5%), from €15,567 to €9,889
- Tax, wage and social debts -€620
down €620 (-45.1%), from €1,374 to €754
- Gross operating margin -€18,090
down €18,090, from €12,632 to -€5,458
- Taxes -€1,995
down €1,995, from €1,374 to -€620
- Financial income +€217
up €217 (+123.1%), from €177 to €394
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 | €49,043 | €34,623 | -€14,420 | -29.4% |
| Fixed assets | 21/28 | €102 | €4,955 | +€4,852 | +4744.3% |
| Tangible fixed assets | 22/27 | €102 | €4,955 | +€4,852 | +4744.3% |
| Furniture and vehicles | 24 | €102 | €4,955 | +€4,852 | +4744.3% |
| Current assets | 29/58 | €48,941 | €29,668 | -€19,273 | -39.4% |
| Amounts receivable within one year | 40/41 | €2,912 | €7,593 | +€4,682 | +160.8% |
| Other amounts receivable | 41 | €2,912 | €7,593 | +€4,682 | +160.8% |
| Cash at bank and in hand | 54/58 | €36,982 | €12,912 | -€24,070 | -65.1% |
| Deferred charges and accrued income | 490/1 | €9,047 | €9,162 | +€116 | +1.3% |
| Total equity and liabilities | 10/49 | €49,043 | €34,623 | -€14,420 | -29.4% |
| Equity | 10/15 | €38,418 | €32,740 | -€5,678 | -14.8% |
| Contributions | 10/11 | €17,796 | €17,796 | = | 0.0% |
| Reserves | 13 | €5,054 | €5,054 | = | 0.0% |
| Distributable reserves | 133 | €5,054 | €5,054 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,567 | €9,889 | -€5,678 | -36.5% |
| Amounts payable | 17/49 | €10,625 | €1,883 | -€8,742 | -82.3% |
| Amounts payable within one year | 42/48 | €9,675 | €916 | -€8,759 | -90.5% |
| Trade debts | 44 | €296 | €161 | -€135 | -45.5% |
| Suppliers | 440/4 | €296 | €161 | -€135 | -45.5% |
| Taxes, remuneration and social security | 45 | €1,374 | €754 | -€620 | -45.1% |
| Taxes | 450/3 | €1,374 | €754 | -€620 | -45.1% |
| Other amounts payable | 47/48 | €8,004 | €0 | -€8,004 | -100.0% |
| Accrued charges and deferred income | 492/3 | €950 | €967 | +€17 | +1.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €538 | €518 | -€20 | -3.8% |
| Other operating charges | 640/8 | €512 | €475 | -€38 | -7.3% |
| Gross operating margin | 9900 | €12,632 | -€5,458 | -€18,090 | |
| Operating profit (loss) | 9901 | €11,582 | -€6,450 | -€18,032 | |
| Financial income | 75/76B | €177 | €394 | +€217 | +123.1% |
| Recurring financial income | 75 | €177 | €394 | +€217 | +123.1% |
| Financial charges | 65/66B | €138 | €242 | +€104 | +74.8% |
| Recurring financial charges | 65 | €138 | €242 | +€104 | +74.8% |
| Profit (loss) for the period before taxes | 9903 | €11,620 | -€6,298 | -€17,918 | |
| Income taxes | 67/77 | €1,374 | -€620 | -€1,995 | |
| Profit (loss) for the period | 9904 | €10,245 | -€5,678 | -€15,924 | |
| Profit (loss) for the period to be appropriated | 9905 | €10,245 | -€5,678 | -€15,924 |
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 11 October 2026 via checked.be.