GS Insurance: 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.
GS Insurance
Largest movements
- Receivables within one year +€13,058
up €13,058 (+34.5%), from €37,828 to €50,886
- Deferred charges and accrued income +€1,254
up €1,254 (+17.9%), from €7,010 to €8,264
- Reserves +€18,868
up €18,868 (+58.4%), from €32,313 to €51,181
- Tax, wage and social debts -€5,211
down €5,211 (-45.9%), from €11,348 to €6,137
- Gross operating margin -€19,648
down €19,648 (-40.6%), from €48,356 to €28,708
- Taxes -€5,522
down €5,522 (-40.6%), from €13,598 to €8,076
- Financial income +€724
up €724 (+42.8%), from €1,690 to €2,414
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 | €46,901 | €61,105 | +€14,203 | +30.3% |
| Current assets | 29/58 | €46,901 | €61,105 | +€14,203 | +30.3% |
| Amounts receivable within one year | 40/41 | €37,828 | €50,886 | +€13,058 | +34.5% |
| Other amounts receivable | 41 | €37,828 | €50,886 | +€13,058 | +34.5% |
| Cash at bank and in hand | 54/58 | €2,064 | €1,955 | -€109 | -5.3% |
| Deferred charges and accrued income | 490/1 | €7,010 | €8,264 | +€1,254 | +17.9% |
| Total equity and liabilities | 10/49 | €46,901 | €61,105 | +€14,203 | +30.3% |
| Equity | 10/15 | €35,313 | €54,181 | +€18,868 | +53.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €32,313 | €51,181 | +€18,868 | +58.4% |
| Distributable reserves | 133 | €32,313 | €51,181 | +€18,868 | +58.4% |
| Amounts payable | 17/49 | €11,588 | €6,924 | -€4,665 | -40.3% |
| Amounts payable within one year | 42/48 | €11,588 | €6,924 | -€4,665 | -40.3% |
| Trade debts | 44 | €240 | €787 | +€547 | +228% |
| Suppliers | 440/4 | €240 | €787 | +€547 | +228% |
| Taxes, remuneration and social security | 45 | €11,348 | €6,137 | -€5,211 | -45.9% |
| Taxes | 450/3 | €11,348 | €6,137 | -€5,211 | -45.9% |
| Other operating charges | 640/8 | €159 | €101 | -€58 | -36.6% |
| Gross operating margin | 9900 | €48,356 | €28,708 | -€19,648 | -40.6% |
| Operating profit (loss) | 9901 | €48,196 | €28,607 | -€19,589 | -40.6% |
| Financial income | 75/76B | €1,690 | €2,414 | +€724 | +42.8% |
| Recurring financial income | 75 | €1,690 | €2,414 | +€724 | +42.8% |
| Financial charges | 65/66B | €3,975 | €4,077 | +€102 | +2.6% |
| Recurring financial charges | 65 | €3,975 | €4,077 | +€102 | +2.6% |
| Profit (loss) for the period before taxes | 9903 | €45,911 | €26,944 | -€18,967 | -41.3% |
| Income taxes | 67/77 | €13,598 | €8,076 | -€5,522 | -40.6% |
| Profit (loss) for the period | 9904 | €32,313 | €18,868 | -€13,445 | -41.6% |
| Profit (loss) for the period to be appropriated | 9905 | €32,313 | €18,868 | -€13,445 | -41.6% |
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 16 October 2026 via checked.be.