INSURANCE PARTNERS: 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.
INSURANCE PARTNERS
Largest movements
- Receivables within one year +€48,617
up €48,617 (+75.2%), from €64,650 to €113,267
- Cash +€11,573
up €11,573 (+89.7%), from €12,902 to €24,475
mainly Net result for the year (+€55,570) and Tax, wage and social debts (+€13,718)
- Reserves +€55,570
up €55,570 (+144%), from €38,655 to €94,225
of which Distributable reserves: +€55,570
- Tax, wage and social debts +€13,718
up €13,718 (+67.1%), from €20,444 to €34,162
- Trade debts -€7,764
down €7,764 (-62.0%), from €12,527 to €4,763
- Gross operating margin +€52,834
up €52,834 (+210%), from €25,203 to €78,037
- Taxes +€14,888
up €14,888 (+151%), from €9,858 to €24,746
- Financial income +€1,442
up €1,442 (+42.7%), from €3,379 to €4,821
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 | €86,569 | €148,093 | +€61,524 | +71.1% |
| Fixed assets | 21/28 | €8,739 | €9,358 | +€618 | +7.1% |
| Tangible fixed assets | 22/27 | €8,739 | €9,358 | +€618 | +7.1% |
| Plant, machinery and equipment | 23 | €129 | €884 | +€755 | +585% |
| Furniture and vehicles | 24 | €8,610 | €8,474 | -€136 | -1.6% |
| Current assets | 29/58 | €77,830 | €138,735 | +€60,905 | +78.3% |
| Amounts receivable within one year | 40/41 | €64,650 | €113,267 | +€48,617 | +75.2% |
| Other amounts receivable | 41 | €64,650 | €113,267 | +€48,617 | +75.2% |
| Cash at bank and in hand | 54/58 | €12,902 | €24,475 | +€11,573 | +89.7% |
| Deferred charges and accrued income | 490/1 | €277 | €993 | +€715 | +258% |
| Total equity and liabilities | 10/49 | €86,569 | €148,093 | +€61,524 | +71.1% |
| Equity | 10/15 | €53,598 | €109,168 | +€55,570 | +104% |
| Contributions | 10/11 | €14,943 | €14,943 | = | 0.0% |
| Reserves | 13 | €38,655 | €94,225 | +€55,570 | +144% |
| Tax-exempt reserves | 132 | €4,140 | €4,140 | = | 0.0% |
| Distributable reserves | 133 | €34,515 | €90,086 | +€55,570 | +161% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €32,971 | €38,924 | +€5,953 | +18.1% |
| Amounts payable within one year | 42/48 | €32,971 | €38,924 | +€5,953 | +18.1% |
| Trade debts | 44 | €12,527 | €4,763 | -€7,764 | -62.0% |
| Suppliers | 440/4 | €12,527 | €4,763 | -€7,764 | -62.0% |
| Taxes, remuneration and social security | 45 | €20,444 | €34,162 | +€13,718 | +67.1% |
| Taxes | 450/3 | €20,444 | €34,162 | +€13,718 | +67.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €525 | €729 | +€204 | +38.8% |
| Other operating charges | 640/8 | €1,127 | €1,169 | +€42 | +3.7% |
| Gross operating margin | 9900 | €25,203 | €78,037 | +€52,834 | +210% |
| Operating profit (loss) | 9901 | €23,551 | €76,139 | +€52,588 | +223% |
| Financial income | 75/76B | €3,379 | €4,821 | +€1,442 | +42.7% |
| Recurring financial income | 75 | €3,379 | €4,821 | +€1,442 | +42.7% |
| Financial charges | 65/66B | €699 | €643 | -€56 | -8.0% |
| Recurring financial charges | 65 | €699 | €643 | -€56 | -8.0% |
| Profit (loss) for the period before taxes | 9903 | €26,231 | €80,317 | +€54,086 | +206% |
| Income taxes | 67/77 | €9,858 | €24,746 | +€14,888 | +151% |
| Profit (loss) for the period | 9904 | €16,373 | €55,570 | +€39,197 | +239% |
| Profit (loss) for the period to be appropriated | 9905 | €16,373 | €55,570 | +€39,197 | +239% |
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 21 October 2026 via checked.be.