INSURIM: 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.
INSURIM
Largest movements
- Current investments +€320,440
new in 2025: €320,440
- Receivables after one year -€168,444
no longer reported in 2025 (was €168,444)
- Financial fixed assets -€157,074
no longer reported in 2025 (was €157,074)
- Cash +€32,157
up €32,157 (+20.1%), from €160,009 to €192,167
mainly Receivables after one year (+€168,444) and Investment in fixed assets (net) (+€157,074)
- Other debts +€19,521
up €19,521 (+5.0%), from €393,881 to €413,401
- Financial income +€42,754
up €42,754 (+423.0%), from €10,107 to €52,861
- Gross operating margin -€12,976
down €12,976 (-487.6%), from -€2,661 to -€15,637
- Financial charges -€1,549
down €1,549 (-5.3%), from €29,435 to €27,887
- Depreciation +€856
up €856 (+141.4%), from €605 to €1,462
- Taxes +€617
new in 2025: €617
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 | €832,852 | €858,653 | +€25,801 | +3.1% |
| Fixed assets | 21/28 | €163,122 | €4,586 | -€158,536 | -97.2% |
| Tangible fixed assets | 22/27 | €6,048 | €4,586 | -€1,462 | -24.2% |
| Furniture and vehicles | 24 | €6,048 | €4,586 | -€1,462 | -24.2% |
| Financial fixed assets | 28 | €157,074 | - | -€157,074 | |
| Current assets | 29/58 | €669,730 | €854,067 | +€184,337 | +27.5% |
| Amounts receivable after more than one year | 29 | €168,444 | - | -€168,444 | |
| Other amounts receivable | 291 | €168,444 | - | -€168,444 | |
| Stocks and contracts in progress | 3 | €69,267 | €69,201 | -€66 | -0.1% |
| Stocks | 30/36 | €69,267 | €69,201 | -€66 | -0.1% |
| Amounts receivable within one year | 40/41 | €271,919 | €272,169 | +€250 | +0.1% |
| Other amounts receivable | 41 | €271,919 | €272,169 | +€250 | +0.1% |
| Current investments | 50/53 | - | €320,440 | +€320,440 | |
| Cash at bank and in hand | 54/58 | €160,009 | €192,167 | +€32,157 | +20.1% |
| Deferred charges and accrued income | 490/1 | €90 | €90 | = | 0.0% |
| Total equity and liabilities | 10/49 | €832,852 | €858,653 | +€25,801 | +3.1% |
| Equity | 10/15 | €429,108 | €435,273 | +€6,165 | +1.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €416,708 | €422,873 | +€6,165 | +1.5% |
| Distributable reserves | 133 | €416,708 | €422,873 | +€6,165 | +1.5% |
| Amounts payable | 17/49 | €403,744 | €423,380 | +€19,636 | +4.9% |
| Amounts payable within one year | 42/48 | €403,744 | €423,380 | +€19,636 | +4.9% |
| Trade debts | 44 | €33 | €35 | +€2 | +6.8% |
| Suppliers | 440/4 | €33 | €35 | +€2 | +6.8% |
| Taxes, remuneration and social security | 45 | €9,831 | €9,944 | +€113 | +1.2% |
| Taxes | 450/3 | €8,831 | €8,944 | +€113 | +1.3% |
| Remuneration and social security | 454/9 | €1,000 | €1,000 | = | 0.0% |
| Other amounts payable | 47/48 | €393,881 | €413,401 | +€19,521 | +5.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €605 | €1,462 | +€856 | +141.4% |
| Other operating charges | 640/8 | €1,075 | €1,094 | +€18 | +1.7% |
| Gross operating margin | 9900 | -€2,661 | -€15,637 | -€12,976 | -487.6% |
| Operating profit (loss) | 9901 | -€4,342 | -€18,192 | -€13,850 | -319.0% |
| Financial income | 75/76B | €10,107 | €52,861 | +€42,754 | +423.0% |
| Recurring financial income | 75 | €10,107 | €52,861 | +€42,754 | +423.0% |
| Financial charges | 65/66B | €29,435 | €27,887 | -€1,549 | -5.3% |
| Recurring financial charges | 65 | €29,435 | €27,887 | -€1,549 | -5.3% |
| Profit (loss) for the period before taxes | 9903 | -€23,670 | €6,782 | +€30,452 | |
| Income taxes | 67/77 | - | €617 | +€617 | |
| Profit (loss) for the period | 9904 | -€23,670 | €6,165 | +€29,836 | |
| Profit (loss) for the period to be appropriated | 9905 | -€23,670 | €6,165 | +€29,836 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.