H.B. 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.
H.B. Assurances
Largest movements
- Financial fixed assets +€400,000
up €400,000 (+25.0%), from €1.6m to €2.0m
- Debts after one year +€243,645
new in 2025: €243,645
- Other debts +€124,267
new in 2025: €124,267
- Current portion of long-term debt +€56,355
new in 2025: €56,355
- Profit (loss) carried forward -€27,257
down €27,257 (-1.7%), from €1.6m to €1.6m
- Gross operating margin -€2,246
down €2,246, from €46 to -€2,200
- Financial charges +€2,189
up €2,189 (+4,291%), from €51 to €2,240
- Other operating charges +€225
up €225 (+23.2%), from €968 to €1,192
- Depreciation -€205
down €205 (-62.0%), from €330 to €125
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 | €1,605,908 | €2,003,536 | +€397,627 | +24.8% |
| Fixed assets | 21/28 | €1,599,799 | €1,999,674 | +€399,875 | +25.0% |
| Tangible fixed assets | 22/27 | €125 | €0 | -€125 | -100% |
| Plant, machinery and equipment | 23 | €125 | €0 | -€125 | -100% |
| Financial fixed assets | 28 | €1,599,674 | €1,999,674 | +€400,000 | +25.0% |
| Current assets | 29/58 | €6,109 | €3,862 | -€2,247 | -36.8% |
| Cash at bank and in hand | 54/58 | €6,109 | €3,862 | -€2,247 | -36.8% |
| Total equity and liabilities | 10/49 | €1,605,908 | €2,003,536 | +€397,627 | +24.8% |
| Equity | 10/15 | €1,605,823 | €1,578,567 | -€27,257 | -1.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100% |
| Distributable reserves | 133 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | €1,585,363 | €1,558,107 | -€27,257 | -1.7% |
| Amounts payable | 17/49 | €85 | €424,969 | +€424,884 | +499,276% |
| Amounts payable after more than one year | 17 | - | €243,645 | +€243,645 | |
| Financial debts | 170/4 | - | €243,645 | +€243,645 | |
| Amounts payable within one year | 42/48 | €85 | €181,324 | +€181,239 | +212,972% |
| Current portion of amounts payable after more than one year | 42 | - | €56,355 | +€56,355 | |
| Trade debts | 44 | €85 | €138 | +€53 | +61.8% |
| Suppliers | 440/4 | €85 | €138 | +€53 | +61.8% |
| Taxes, remuneration and social security | 45 | - | €564 | +€564 | |
| Taxes | 450/3 | - | €564 | +€564 | |
| Other amounts payable | 47/48 | - | €124,267 | +€124,267 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €330 | €125 | -€205 | -62.0% |
| Other operating charges | 640/8 | €968 | €1,192 | +€225 | +23.2% |
| Gross operating margin | 9900 | €46 | -€2,200 | -€2,246 | |
| Operating profit (loss) | 9901 | -€1,251 | -€3,517 | -€2,266 | -181% |
| Financial charges | 65/66B | €51 | €2,240 | +€2,189 | +4,291% |
| Recurring financial charges | 65 | €51 | €2,240 | +€2,189 | +4,291% |
| Profit (loss) for the period before taxes | 9903 | -€1,302 | -€5,757 | -€4,455 | -342% |
| Profit (loss) for the period | 9904 | -€1,302 | -€5,757 | -€4,455 | -342% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,302 | -€5,757 | -€4,455 | -342% |
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 27 October 2026 via checked.be.