GR Insure Group: 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.
GR Insure Group
Largest movements
- Cash +€38,016
up €38,016 (+209%), from €18,221 to €56,236
mainly Net result for the year (+€60,997) and Tax, wage and social debts (+€21,721)
- Receivables within one year -€20,087
down €20,087 (-42.4%), from €47,408 to €27,321
of which Other amounts receivable: -€12,165
- Deferred charges and accrued income +€4,814
up €4,814 (+14.3%), from €33,616 to €38,431
- Tax, wage and social debts +€21,721
up €21,721 (+87.0%), from €24,957 to €46,678
- Accrued charges and deferred income +€9,342
new in 2025: €9,342
- Reserves -€7,206
down €7,206 (-10.6%), from €68,203 to €60,997
- Trade debts -€2,112
down €2,112 (-35.8%), from €5,897 to €3,785
- Gross operating margin -€4,374
down €4,374 (-4.8%), from €91,164 to €86,790
- Taxes +€1,553
up €1,553 (+6.9%), from €22,459 to €24,012
- Other operating charges -€1,176
down €1,176 (-74.6%), from €1,576 to €400
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 | €101,557 | €123,303 | +€21,746 | +21.4% |
| Fixed assets | 21/28 | €2,312 | €1,314 | -€998 | -43.2% |
| Intangible fixed assets | 21 | €2,312 | €1,314 | -€998 | -43.2% |
| Current assets | 29/58 | €99,245 | €121,989 | +€22,744 | +22.9% |
| Amounts receivable within one year | 40/41 | €47,408 | €27,321 | -€20,087 | -42.4% |
| Trade receivables | 40 | €7,986 | €64 | -€7,921 | -99.2% |
| Other amounts receivable | 41 | €39,423 | €27,257 | -€12,165 | -30.9% |
| Cash at bank and in hand | 54/58 | €18,221 | €56,236 | +€38,016 | +209% |
| Deferred charges and accrued income | 490/1 | €33,616 | €38,431 | +€4,814 | +14.3% |
| Total equity and liabilities | 10/49 | €101,557 | €123,303 | +€21,746 | +21.4% |
| Equity | 10/15 | €70,703 | €63,497 | -€7,206 | -10.2% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €68,203 | €60,997 | -€7,206 | -10.6% |
| Distributable reserves | 133 | €68,203 | €60,997 | -€7,206 | -10.6% |
| Amounts payable | 17/49 | €30,854 | €59,805 | +€28,952 | +93.8% |
| Amounts payable within one year | 42/48 | €30,854 | €50,463 | +€19,609 | +63.6% |
| Trade debts | 44 | €5,897 | €3,785 | -€2,112 | -35.8% |
| Suppliers | 440/4 | €5,897 | €3,785 | -€2,112 | -35.8% |
| Taxes, remuneration and social security | 45 | €24,957 | €46,678 | +€21,721 | +87.0% |
| Taxes | 450/3 | €24,957 | €46,678 | +€21,721 | +87.0% |
| Accrued charges and deferred income | 492/3 | - | €9,342 | +€9,342 | |
| Non-recurring operating income | 76A | - | €1,148 | +€1,148 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €682 | €998 | +€316 | +46.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €306 | +€306 | |
| Other operating charges | 640/8 | €1,576 | €400 | -€1,176 | -74.6% |
| Gross operating margin | 9900 | €91,164 | €86,790 | -€4,374 | -4.8% |
| Operating profit (loss) | 9901 | €88,907 | €85,087 | -€3,820 | -4.3% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €419 | €78 | -€341 | -81.3% |
| Recurring financial charges | 65 | €419 | €78 | -€341 | -81.3% |
| Profit (loss) for the period before taxes | 9903 | €88,488 | €85,009 | -€3,479 | -3.9% |
| Income taxes | 67/77 | €22,459 | €24,012 | +€1,553 | +6.9% |
| Profit (loss) for the period | 9904 | €66,029 | €60,997 | -€5,032 | -7.6% |
| Profit (loss) for the period to be appropriated | 9905 | €66,029 | €60,997 | -€5,032 | -7.6% |
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 24 October 2026 via checked.be.