GROUPASSUR LIEGE: what changed
What changed
GROUPASSUR LIEGE
NACE 66.220, Insurance agents and brokers
filed annual accounts (NBB)
Net result for the year
€314,804
2024 · €292,687+€22,118
Equity
€464,200
2024 · €644,396-€180,196
Cash
€606,049
2024 · €262,142+€343,908
Balance sheet total
€2.0m
2024 · €2.2m-€162,537
Largest movements
Assets
- Intangible fixed assets -€350,507
down €350,507 (-22.2%), from €1.6m to €1.2m
- Cash +€343,908
up €343,908 (+131%), from €262,142 to €606,049
mainly Other debts (+€435,161) and Depreciation (+€389,277)
- Receivables within one year -€110,874
down €110,874 (-68.6%), from €161,679 to €50,805
of which Other amounts receivable: -€133,064
- Tangible fixed assets -€31,657
down €31,657 (-25.6%), from €123,607 to €91,950
of which Furniture and vehicles: -€29,958
Equity and liabilities
- Other debts +€435,161
up €435,161 (+62.8%), from €693,000 to €1.1m
- Debts after one year -€303,884
down €303,884 (-96.0%), from €316,675 to €12,791
- Profit (loss) carried forward -€180,196
down €180,196 (-31.2%), from €576,746 to €396,550
- Current portion of long-term debt -€143,157
down €143,157 (-32.0%), from €447,041 to €303,884
- Tax, wage and social debts +€22,921
up €22,921 (+58.2%), from €39,375 to €62,296
of which Taxes: +€21,659
Income statement
- Staff costs -€30,745
down €30,745 (-7.3%), from €418,470 to €387,725
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
€292,687
Gross operating margin
+€9,195
Staff costs
+€30,745
Depreciation
+€1,373
Other operating charges
+€434
Other operating items
+€177
Financial income
+€17
Financial charges
-€10,140
Taxes
-€9,682
Result 2025
€314,804
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
+€1.3m
Investment
-€7,113
Financing
-€942,041
Cash 2024
€262,142
From operations (derived)
+€1.3m
Net result for the year
+€314,804
Depreciation
+€389,277
Receivables within one year
+€110,874
Deferred charges and accrued income
+€13,407
Trade debts
+€2,483
Tax, wage and social debts
+€22,921
Other debts
+€435,161
Accrued charges and deferred income
+€4,134
Investment (derived)
-€7,113
Investment in fixed assets (net)
-€7,113
Financing
-€942,041
Debts after one year
-€303,884
Current portion of long-term debt
-€143,157
Contributions, distributions and other
-€495,000
Cash 2025
€606,049
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,164,346 | €2,001,809 | -€162,537 | -7.5% |
| Fixed assets | 21/28 | €1,709,797 | €1,327,633 | -€382,164 | -22.4% |
| Intangible fixed assets | 21 | €1,575,459 | €1,224,952 | -€350,507 | -22.2% |
| Tangible fixed assets | 22/27 | €123,607 | €91,950 | -€31,657 | -25.6% |
| Plant, machinery and equipment | 23 | €6,836 | €5,138 | -€1,699 | -24.9% |
| Furniture and vehicles | 24 | €116,770 | €86,812 | -€29,958 | -25.7% |
| Financial fixed assets | 28 | €10,731 | €10,731 | = | 0.0% |
| Current assets | 29/58 | €454,549 | €674,176 | +€219,627 | +48.3% |
| Amounts receivable within one year | 40/41 | €161,679 | €50,805 | -€110,874 | -68.6% |
| Trade receivables | 40 | €28,615 | €50,805 | +€22,190 | +77.5% |
| Other amounts receivable | 41 | €133,064 | €0 | -€133,064 | -100% |
| Cash at bank and in hand | 54/58 | €262,142 | €606,049 | +€343,908 | +131% |
| Deferred charges and accrued income | 490/1 | €30,729 | €17,322 | -€13,407 | -43.6% |
| Total equity and liabilities | 10/49 | €2,164,346 | €2,001,809 | -€162,537 | -7.5% |
| Equity | 10/15 | €644,396 | €464,200 | -€180,196 | -28.0% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €6,150 | €6,150 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Profit (loss) carried forward | 14 | €576,746 | €396,550 | -€180,196 | -31.2% |
| Amounts payable | 17/49 | €1,519,950 | €1,537,609 | +€17,658 | +1.2% |
| Amounts payable after more than one year | 17 | €316,675 | €12,791 | -€303,884 | -96.0% |
| Financial debts | 170/4 | €316,675 | €12,791 | -€303,884 | -96.0% |
| Amounts payable within one year | 42/48 | €1,179,624 | €1,497,032 | +€317,408 | +26.9% |
| Current portion of amounts payable after more than one year | 42 | €447,041 | €303,884 | -€143,157 | -32.0% |
| Trade debts | 44 | €207 | €2,691 | +€2,483 | +1,199% |
| Suppliers | 440/4 | €207 | €2,691 | +€2,483 | +1,199% |
| Bills of exchange payable | 441 | - | €0 | = | |
| Taxes, remuneration and social security | 45 | €39,375 | €62,296 | +€22,921 | +58.2% |
| Taxes | 450/3 | €364 | €22,022 | +€21,659 | +5,957% |
| Remuneration and social security | 454/9 | €39,012 | €40,274 | +€1,262 | +3.2% |
| Other amounts payable | 47/48 | €693,000 | €1,128,161 | +€435,161 | +62.8% |
| Accrued charges and deferred income | 492/3 | €23,652 | €27,786 | +€4,134 | +17.5% |
| Remuneration, social security and pensions | 62 | €418,470 | €387,725 | -€30,745 | -7.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €390,650 | €389,277 | -€1,373 | -0.4% |
| Other operating charges | 640/8 | €2,647 | €2,214 | -€434 | -16.4% |
| Non-recurring operating charges | 66A | €838 | €662 | -€177 | -21.1% |
| Gross operating margin | 9900 | €1,242,050 | €1,251,245 | +€9,195 | +0.7% |
| Operating profit (loss) | 9901 | €429,445 | €471,368 | +€41,923 | +9.8% |
| Financial income | 75/76B | €1 | €17 | +€17 | +2,630% |
| Recurring financial income | 75 | €1 | €17 | +€17 | +2,630% |
| Financial charges | 65/66B | €36,396 | €46,535 | +€10,140 | +27.9% |
| Recurring financial charges | 65 | €36,396 | €46,535 | +€10,140 | +27.9% |
| Profit (loss) for the period before taxes | 9903 | €393,050 | €424,849 | +€31,799 | +8.1% |
| Income taxes | 67/77 | €100,364 | €110,045 | +€9,682 | +9.6% |
| Profit (loss) for the period | 9904 | €292,687 | €314,804 | +€22,118 | +7.6% |
| Profit (loss) for the period to be appropriated | 9905 | €292,687 | €314,804 | +€22,118 | +7.6% |
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.