Huis der Verzekering: what changed
Huis der Verzekering
Largest movements
- Tangible fixed assets +€1.2m
up €1.2m (+59.3%), from €2.0m to €3.3m
of which Assets under construction and advance payments: +€1.4m
- Current investments +€450,000
new in 2025: €450,000
- Cash -€149,564
down €149,564 (-79.0%), from €189,371 to €39,808
mainly Investment in fixed assets (net) (-€1.4m) and Net result for the year (-€658,049)
- Other debts +€2.0m
up €2.0m (+2,017%), from €100,000 to €2.1m
- Profit (loss) carried forward -€658,049
down €658,049 (-88.0%), from -€747,828 to -€1.4m
- Trade debts +€226,225
up €226,225 (+961%), from €23,531 to €249,756
- Accrued charges and deferred income -€66,105
down €66,105 (-87.0%), from €76,024 to €9,919
- Financial charges +€34,804
up €34,804 (+2,061%), from €1,688 to €36,493
- Depreciation -€32,136
down €32,136 (-16.6%), from €193,787 to €161,651
- Gross operating margin -€31,778
down €31,778 (-79.1%), from -€40,161 to -€71,939
- Other operating charges +€16,587
up €16,587 (+4.4%), from €378,892 to €395,479
- Taxes -€3,721
down €3,721 (-100%), from €3,721 to €0
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 | €2,251,988 | €3,771,059 | +€1.5m | +67.5% |
| Fixed assets | 21/28 | €2,046,716 | €3,261,040 | +€1.2m | +59.3% |
| Tangible fixed assets | 22/27 | €2,046,530 | €3,260,854 | +€1.2m | +59.3% |
| Land and buildings | 22 | €961,613 | €800,423 | -€161,189 | -16.8% |
| Plant, machinery and equipment | 23 | - | €0 | = | |
| Furniture and vehicles | 24 | €20,307 | €19,846 | -€461 | -2.3% |
| Assets under construction and advance payments | 27 | €1,064,610 | €2,440,585 | +€1.4m | +129% |
| Financial fixed assets | 28 | €186 | €186 | = | 0.0% |
| Current assets | 29/58 | €205,272 | €510,019 | +€304,747 | +148% |
| Amounts receivable after more than one year | 29 | €1,690 | €15,182 | +€13,492 | +798% |
| Trade receivables | 290 | €1,690 | €15,182 | +€13,492 | +798% |
| Amounts receivable within one year | 40/41 | €14,211 | €5,030 | -€9,181 | -64.6% |
| Other amounts receivable | 41 | €14,211 | €5,030 | -€9,181 | -64.6% |
| Current investments | 50/53 | - | €450,000 | +€450,000 | |
| Cash at bank and in hand | 54/58 | €189,371 | €39,808 | -€149,564 | -79.0% |
| Total equity and liabilities | 10/49 | €2,251,988 | €3,771,059 | +€1.5m | +67.5% |
| Equity | 10/15 | €2,052,433 | €1,394,383 | -€658,049 | -32.1% |
| Contributions | 10/11 | €2,603,700 | €2,603,700 | = | 0.0% |
| Capital | 10 | €2,603,700 | €2,603,700 | = | 0.0% |
| Issued capital | 100 | €2,603,700 | €2,603,700 | = | 0.0% |
| Reserves | 13 | €196,561 | €196,561 | = | 0.0% |
| Non-distributable reserves | 130/1 | €196,561 | €196,561 | = | 0.0% |
| Legal reserve | 130 | €196,561 | €196,561 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€747,828 | -€1,405,877 | -€658,049 | -88.0% |
| Amounts payable | 17/49 | €199,555 | €2,376,675 | +€2.2m | +1,091% |
| Amounts payable within one year | 42/48 | €123,531 | €2,366,756 | +€2.2m | +1,816% |
| Trade debts | 44 | €23,531 | €249,756 | +€226,225 | +961% |
| Suppliers | 440/4 | €23,531 | €249,756 | +€226,225 | +961% |
| Other amounts payable | 47/48 | €100,000 | €2,117,000 | +€2.0m | +2,017% |
| Accrued charges and deferred income | 492/3 | €76,024 | €9,919 | -€66,105 | -87.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €193,787 | €161,651 | -€32,136 | -16.6% |
| Other operating charges | 640/8 | €378,892 | €395,479 | +€16,587 | +4.4% |
| Gross operating margin | 9900 | -€40,161 | -€71,939 | -€31,778 | -79.1% |
| Operating profit (loss) | 9901 | -€612,840 | -€629,069 | -€16,229 | -2.6% |
| Financial income | 75/76B | €9,752 | €7,512 | -€2,240 | -23.0% |
| Recurring financial income | 75 | €9,752 | €7,512 | -€2,240 | -23.0% |
| Financial charges | 65/66B | €1,688 | €36,493 | +€34,804 | +2,061% |
| Recurring financial charges | 65 | €1,688 | €36,493 | +€34,804 | +2,061% |
| Profit (loss) for the period before taxes | 9903 | -€604,776 | -€658,049 | -€53,273 | -8.8% |
| Income taxes | 67/77 | €3,721 | €0 | -€3,721 | -100% |
| Profit (loss) for the period | 9904 | -€608,497 | -€658,049 | -€49,552 | -8.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€608,497 | -€658,049 | -€49,552 | -8.1% |
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.