INSURE: 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.
INSURE
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Debts within one year -€2,087
down €2,087 (-2.5%), from €85,171 to €83,084
- Gross operating margin -€28,385
down €28,385 (-90.5%), from €31,353 to €2,967
- Depreciation -€396
down €396 (-37.1%), from €1,069 to €673
From the 2019 result to the 2020 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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2019 | 2020 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €202,363 | €201,816 | -€546 | -0.3% |
| Fixed assets | 21/28 | €34,981 | €34,308 | -€673 | -1.9% |
| Tangible fixed assets | 22/27 | €673 | - | -€673 | |
| Financial fixed assets | 28 | €34,308 | €34,308 | = | 0.0% |
| Current assets | 29/58 | €167,382 | €167,509 | +€126 | +0.1% |
| Amounts receivable within one year | 40/41 | €11,091 | €19,007 | +€7,916 | +71.4% |
| Cash at bank and in hand | 54/58 | €155,892 | €102,063 | -€53,829 | -34.5% |
| Total equity and liabilities | 10/49 | €202,363 | €201,816 | -€546 | -0.3% |
| Equity | 10/15 | €117,192 | €118,732 | +€1,541 | +1.3% |
| Contributions | 10/11 | €61,973 | - | -€61,973 | |
| Reserves | 13 | €141,480 | €141,480 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€86,261 | -€84,721 | +€1,541 | +1.8% |
| Amounts payable | 17/49 | €85,171 | €83,084 | -€2,087 | -2.5% |
| Amounts payable within one year | 42/48 | €85,171 | €83,084 | -€2,087 | -2.5% |
| Trade debts | 44 | €456 | €818 | +€362 | +79.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,069 | €673 | -€396 | -37.1% |
| Gross operating margin | 9900 | €31,353 | €2,967 | -€28,385 | -90.5% |
| Operating profit (loss) | 9901 | €27,753 | €1,511 | -€26,242 | -94.6% |
| Recurring financial income | 75 | €1 | €188 | +€188 | +34775.9% |
| Recurring financial charges | 65 | €182 | €158 | -€23 | -12.8% |
| Profit (loss) for the period before taxes | 9903 | €27,572 | €1,541 | -€26,031 | -94.4% |
| Profit (loss) for the period | 9904 | €27,572 | €1,541 | -€26,031 | -94.4% |
| Profit (loss) for the period to be appropriated | 9905 | €27,572 | €1,541 | -€26,031 | -94.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2019 and 31 December 2020. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.