INSURAS: what changed
Two fiscal 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.
INSURAS
Largest movements
- Receivables after one year -€14,000
down €14,000 (-100.0%), from €14,000 to €0
- Receivables within one year -€10,533
down €10,533 (-33.5%), from €31,462 to €20,929
of which Trade receivables: -€8,445
- Cash +€9,782
up €9,782 (+68.4%), from €14,303 to €24,085
mainly Receivables after one year (+€14,000) and Net result for the year (+€13,869)
- Tangible fixed assets -€2,807
down €2,807 (-66.2%), from €4,238 to €1,430
of which Furniture and vehicles: -€1,839
- Deferred charges and accrued income -€946
down €946 (-21.2%), from €4,462 to €3,516
- Other debts -€21,211
down €21,211 (-100.0%), from €21,211 to €0
- Reserves +€13,869
up €13,869 (+76.5%), from €18,133 to €32,002
- Current portion of long-term debt -€5,540
down €5,540 (-100.0%), from €5,540 to €0
- Tax, wage and social debts -€4,500
down €4,500 (-79.9%), from €5,630 to €1,130
- Advances received -€729
down €729 (-7.6%), from €9,545 to €8,816
- Depreciation -€6,667
down €6,667 (-70.4%), from €9,474 to €2,807
- Gross operating margin -€3,303
down €3,303 (-11.1%), from €29,665 to €26,362
- Taxes +€1,099
up €1,099 (+17.9%), from €6,130 to €7,228
- Financial income -€431
down €431 (-64.2%), from €671 to €240
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.
Cash bridge derived
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 | €68,465 | €49,961 | -€18,504 | -27.0% |
| Fixed assets | 21/28 | €4,238 | €1,430 | -€2,807 | -66.2% |
| Tangible fixed assets | 22/27 | €4,238 | €1,430 | -€2,807 | -66.2% |
| Furniture and vehicles | 24 | €2,872 | €1,033 | -€1,839 | -64.0% |
| Other tangible fixed assets | 26 | €1,366 | €397 | -€969 | -70.9% |
| Current assets | 29/58 | €64,227 | €48,531 | -€15,697 | -24.4% |
| Amounts receivable after more than one year | 29 | €14,000 | €0 | -€14,000 | -100.0% |
| Other amounts receivable | 291 | €14,000 | €0 | -€14,000 | -100.0% |
| Amounts receivable within one year | 40/41 | €31,462 | €20,929 | -€10,533 | -33.5% |
| Trade receivables | 40 | €25,223 | €16,777 | -€8,445 | -33.5% |
| Other amounts receivable | 41 | €6,240 | €4,152 | -€2,088 | -33.5% |
| Cash at bank and in hand | 54/58 | €14,303 | €24,085 | +€9,782 | +68.4% |
| Deferred charges and accrued income | 490/1 | €4,462 | €3,516 | -€946 | -21.2% |
| Total equity and liabilities | 10/49 | €68,465 | €49,961 | -€18,504 | -27.0% |
| Equity | 10/15 | €24,333 | €38,202 | +€13,869 | +57.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €18,133 | €32,002 | +€13,869 | +76.5% |
| Distributable reserves | 133 | €18,133 | €32,002 | +€13,869 | +76.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €44,132 | €11,759 | -€32,373 | -73.4% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €44,132 | €11,424 | -€32,708 | -74.1% |
| Current portion of amounts payable after more than one year | 42 | €5,540 | €0 | -€5,540 | -100.0% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €2,207 | €1,478 | -€728 | -33.0% |
| Suppliers | 440/4 | €2,207 | €1,478 | -€728 | -33.0% |
| Advances received on contracts in progress | 46 | €9,545 | €8,816 | -€729 | -7.6% |
| Taxes, remuneration and social security | 45 | €5,630 | €1,130 | -€4,500 | -79.9% |
| Taxes | 450/3 | €5,630 | €1,130 | -€4,500 | -79.9% |
| Other amounts payable | 47/48 | €21,211 | €0 | -€21,211 | -100.0% |
| Accrued charges and deferred income | 492/3 | €0 | €335 | +€335 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,474 | €2,807 | -€6,667 | -70.4% |
| Other operating charges | 640/8 | €982 | €1,100 | +€118 | +12.0% |
| Gross operating margin | 9900 | €29,665 | €26,362 | -€3,303 | -11.1% |
| Operating profit (loss) | 9901 | €19,209 | €22,455 | +€3,246 | +16.9% |
| Financial income | 75/76B | €671 | €240 | -€431 | -64.2% |
| Recurring financial income | 75 | €671 | €240 | -€431 | -64.2% |
| Financial charges | 65/66B | €1,383 | €1,598 | +€216 | +15.6% |
| Recurring financial charges | 65 | €1,383 | €1,598 | +€216 | +15.6% |
| Profit (loss) for the period before taxes | 9903 | €18,498 | €21,097 | +€2,599 | +14.1% |
| Income taxes | 67/77 | €6,130 | €7,228 | +€1,099 | +17.9% |
| Profit (loss) for the period | 9904 | €12,368 | €13,869 | +€1,501 | +12.1% |
| Profit (loss) for the period to be appropriated | 9905 | €12,368 | €13,869 | +€1,501 | +12.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.