IL-AS 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.
IL-AS Assurances
Largest movements
- Tangible fixed assets -€29,362
down €29,362 (-79.6%), from €36,905 to €7,543
- Receivables within one year +€18,962
up €18,962 (+364%), from €5,211 to €24,173
of which Other amounts receivable: +€18,230
- Deferred charges and accrued income -€7,471
down €7,471 (-93.0%), from €8,034 to €563
- Debts after one year -€14,795
down €14,795 (-24.6%), from €60,169 to €45,373
- Current portion of long-term debt -€5,102
down €5,102 (-31.2%), from €16,337 to €11,234
- Tax, wage and social debts +€3,274
new in 2025: €3,274
of which Taxes: +€1,721
- Trade debts -€1,270
down €1,270 (-23.7%), from €5,364 to €4,093
- Profit (loss) carried forward +€560
up €560 (+1.8%), from -€31,806 to -€31,247
- Taxes -€23,895
down €23,895 (-93.3%), from €25,616 to €1,721
- Staff costs +€19,655
new in 2025: €19,655
- Depreciation -€6,619
down €6,619 (-53.9%), from €12,282 to €5,664
- Gross operating margin +€3,025
up €3,025 (+6.8%), from €44,475 to €47,500
- Financial charges -€2,994
down €2,994 (-24.6%), from €12,183 to €9,189
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 | €50,572 | €32,728 | -€17,844 | -35.3% |
| Fixed assets | 21/28 | €37,121 | €7,759 | -€29,362 | -79.1% |
| Tangible fixed assets | 22/27 | €36,905 | €7,543 | -€29,362 | -79.6% |
| Furniture and vehicles | 24 | €36,905 | €7,543 | -€29,362 | -79.6% |
| Financial fixed assets | 28 | €215 | €215 | = | 0.0% |
| Current assets | 29/58 | €13,452 | €24,970 | +€11,518 | +85.6% |
| Amounts receivable within one year | 40/41 | €5,211 | €24,173 | +€18,962 | +364% |
| Trade receivables | 40 | €5,211 | €5,943 | +€732 | +14.0% |
| Other amounts receivable | 41 | - | €18,230 | +€18,230 | |
| Cash at bank and in hand | 54/58 | €206 | €233 | +€27 | +12.9% |
| Deferred charges and accrued income | 490/1 | €8,034 | €563 | -€7,471 | -93.0% |
| Total equity and liabilities | 10/49 | €50,572 | €32,728 | -€17,844 | -35.3% |
| Equity | 10/15 | -€31,806 | -€31,247 | +€560 | +1.8% |
| Profit (loss) carried forward | 14 | -€31,806 | -€31,247 | +€560 | +1.8% |
| Amounts payable | 17/49 | €82,379 | €63,975 | -€18,404 | -22.3% |
| Amounts payable after more than one year | 17 | €60,169 | €45,373 | -€14,795 | -24.6% |
| Financial debts | 170/4 | €60,169 | €45,373 | -€14,795 | -24.6% |
| Amounts payable within one year | 42/48 | €22,210 | €18,602 | -€3,608 | -16.2% |
| Current portion of amounts payable after more than one year | 42 | €16,337 | €11,234 | -€5,102 | -31.2% |
| Trade debts | 44 | €5,364 | €4,093 | -€1,270 | -23.7% |
| Suppliers | 440/4 | €5,364 | €4,093 | -€1,270 | -23.7% |
| Taxes, remuneration and social security | 45 | - | €3,274 | +€3,274 | |
| Taxes | 450/3 | - | €1,721 | +€1,721 | |
| Remuneration and social security | 454/9 | - | €1,553 | +€1,553 | |
| Other amounts payable | 47/48 | €510 | - | -€510 | |
| Remuneration, social security and pensions | 62 | - | €19,655 | +€19,655 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,282 | €5,664 | -€6,619 | -53.9% |
| Other operating charges | 640/8 | €1,445 | €2,020 | +€574 | +39.7% |
| Non-recurring operating charges | 66A | - | €8,698 | +€8,698 | |
| Gross operating margin | 9900 | €44,475 | €47,500 | +€3,025 | +6.8% |
| Operating profit (loss) | 9901 | €30,748 | €11,463 | -€19,284 | -62.7% |
| Financial income | 75/76B | €2 | €6 | +€4 | +289% |
| Recurring financial income | 75 | €2 | €6 | +€4 | +289% |
| Financial charges | 65/66B | €12,183 | €9,189 | -€2,994 | -24.6% |
| Recurring financial charges | 65 | €12,183 | €9,189 | -€2,994 | -24.6% |
| Profit (loss) for the period before taxes | 9903 | €18,566 | €2,281 | -€16,285 | -87.7% |
| Income taxes | 67/77 | €25,616 | €1,721 | -€23,895 | -93.3% |
| Profit (loss) for the period | 9904 | -€7,050 | €560 | +€7,609 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,050 | €560 | +€7,609 |
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 30 October 2026 via checked.be.