GOVERS VERZEKERINGEN: what changed
GOVERS VERZEKERINGEN
Largest movements
- Tangible fixed assets -€30,809
down €30,809 (-41.7%), from €73,802 to €42,993
of which Furniture and vehicles: -€29,136
- Current investments +€23,745
up €23,745 (+50.9%), from €46,668 to €70,413
- Deferred charges and accrued income -€7,647
down €7,647 (-65.1%), from €11,745 to €4,098
- Receivables within one year +€4,479
up €4,479 (+17.4%), from €25,778 to €30,256
of which Other amounts receivable: +€7,498
- Other debts -€111,652
down €111,652 (-83.5%), from €133,665 to €22,013
- Debts after one year +€100,000
new in 2025: €100,000
- Reserves +€1,978
up €1,978 (+17.9%), from €11,049 to €13,027
- Gross operating margin -€4,539
down €4,539 (-11.4%), from €39,923 to €35,384
- Depreciation -€3,121
down €3,121 (-9.2%), from €33,930 to €30,809
- Other operating charges -€1,237
down €1,237 (-78.2%), from €1,582 to €346
- Taxes -€889
down €889 (-26.5%), from €3,354 to €2,466
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €165,674 | €155,035 | -€10,639 | -6.4% |
| Fixed assets | 21/28 | €73,802 | €42,993 | -€30,809 | -41.7% |
| Tangible fixed assets | 22/27 | €73,802 | €42,993 | -€30,809 | -41.7% |
| Furniture and vehicles | 24 | €70,536 | €41,400 | -€29,136 | -41.3% |
| Other tangible fixed assets | 26 | €3,266 | €1,593 | -€1,673 | -51.2% |
| Current assets | 29/58 | €91,873 | €112,042 | +€20,170 | +22.0% |
| Amounts receivable within one year | 40/41 | €25,778 | €30,256 | +€4,479 | +17.4% |
| Trade receivables | 40 | €3,019 | - | -€3,019 | |
| Other amounts receivable | 41 | €22,759 | €30,256 | +€7,498 | +32.9% |
| Current investments | 50/53 | €46,668 | €70,413 | +€23,745 | +50.9% |
| Cash at bank and in hand | 54/58 | €7,682 | €7,275 | -€407 | -5.3% |
| Deferred charges and accrued income | 490/1 | €11,745 | €4,098 | -€7,647 | -65.1% |
| Total equity and liabilities | 10/49 | €165,674 | €155,035 | -€10,639 | -6.4% |
| Equity | 10/15 | €29,649 | €31,627 | +€1,978 | +6.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €11,049 | €13,027 | +€1,978 | +17.9% |
| Distributable reserves | 133 | €11,049 | €13,027 | +€1,978 | +17.9% |
| Amounts payable | 17/49 | €136,025 | €123,408 | -€12,617 | -9.3% |
| Amounts payable after more than one year | 17 | - | €100,000 | +€100,000 | |
| Other amounts payable | 178/9 | - | €100,000 | +€100,000 | |
| Amounts payable within one year | 42/48 | €136,025 | €22,258 | -€113,767 | -83.6% |
| Trade debts | 44 | €1,210 | €245 | -€965 | -79.7% |
| Suppliers | 440/4 | €1,210 | €245 | -€965 | -79.7% |
| Taxes, remuneration and social security | 45 | €1,150 | - | -€1,150 | |
| Taxes | 450/3 | €1,150 | - | -€1,150 | |
| Other amounts payable | 47/48 | €133,665 | €22,013 | -€111,652 | -83.5% |
| Accrued charges and deferred income | 492/3 | - | €1,150 | +€1,150 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,930 | €30,809 | -€3,121 | -9.2% |
| Other operating charges | 640/8 | €1,582 | €346 | -€1,237 | -78.2% |
| Gross operating margin | 9900 | €39,923 | €35,384 | -€4,539 | -11.4% |
| Operating profit (loss) | 9901 | €4,411 | €4,229 | -€182 | -4.1% |
| Financial income | 75/76B | €103 | €365 | +€263 | +256% |
| Recurring financial income | 75 | €103 | €365 | +€263 | +256% |
| Financial charges | 65/66B | €139 | €151 | +€12 | +8.6% |
| Recurring financial charges | 65 | €139 | €151 | +€12 | +8.6% |
| Profit (loss) for the period before taxes | 9903 | €4,375 | €4,443 | +€69 | +1.6% |
| Income taxes | 67/77 | €3,354 | €2,466 | -€889 | -26.5% |
| Profit (loss) for the period | 9904 | €1,021 | €1,978 | +€957 | +93.8% |
| Profit (loss) for the period to be appropriated | 9905 | €1,021 | €1,978 | +€957 | +93.8% |
Next steps
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 6 November 2026 via checked.be.