INSURIMO: 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.
INSURIMO
Largest movements
- Cash -€11,447
down €11,447 (-12.7%), from €90,273 to €78,827
mainly Net result for the year (-€7,840) and Other debts (-€4,831)
- Receivables within one year -€3,619
down €3,619 (-25.4%), from €14,265 to €10,646
of which Other amounts receivable: -€3,024
- Profit (loss) carried forward -€7,840
down €7,840 (-4.4%), from -€178,432 to -€186,272
- Other debts -€4,831
no longer reported in 2025 (was €4,831)
- Tax, wage and social debts -€2,308
no longer reported in 2025 (was €2,308)
- Financial charges -€492,722
down €492,722 (-100.0%), from €492,779 to €56
- Provisions -€23,571
no longer reported in 2025 (was €23,571)
- Gross operating margin +€18,354
up €18,354 (+70.0%), from -€26,206 to -€7,852
- Taxes -€5,006
down €5,006 (-98.7%), from €5,073 to €66
- Other operating charges -€2,646
down €2,646 (-81.3%), from €3,256 to €610
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 | €104,538 | €89,472 | -€15,066 | -14.4% |
| Current assets | 29/58 | €104,538 | €89,472 | -€15,066 | -14.4% |
| Amounts receivable within one year | 40/41 | €14,265 | €10,646 | -€3,619 | -25.4% |
| Trade receivables | 40 | €5,014 | €4,419 | -€595 | -11.9% |
| Other amounts receivable | 41 | €9,251 | €6,226 | -€3,024 | -32.7% |
| Cash at bank and in hand | 54/58 | €90,273 | €78,827 | -€11,447 | -12.7% |
| Total equity and liabilities | 10/49 | €104,538 | €89,472 | -€15,066 | -14.4% |
| Equity | 10/15 | €73,330 | €65,490 | -€7,840 | -10.7% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €231,762 | €231,762 | = | 0.0% |
| Distributable reserves | 133 | €231,762 | €231,762 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€178,432 | -€186,272 | -€7,840 | -4.4% |
| Provisions and deferred taxes | 16 | €23,571 | €23,571 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €23,571 | €23,571 | = | 0.0% |
| Environmental obligations | 163 | €23,571 | €23,571 | = | 0.0% |
| Amounts payable | 17/49 | €7,637 | €411 | -€7,226 | -94.6% |
| Amounts payable within one year | 42/48 | €7,637 | - | -€7,637 | |
| Trade debts | 44 | €499 | - | -€499 | |
| Suppliers | 440/4 | €499 | - | -€499 | |
| Taxes, remuneration and social security | 45 | €2,308 | - | -€2,308 | |
| Taxes | 450/3 | €2,308 | - | -€2,308 | |
| Other amounts payable | 47/48 | €4,831 | - | -€4,831 | |
| Accrued charges and deferred income | 492/3 | - | €411 | +€411 | |
| Non-recurring operating income | 76A | €10,744 | - | -€10,744 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €196 | - | -€196 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €23,571 | - | -€23,571 | |
| Other operating charges | 640/8 | €3,256 | €610 | -€2,646 | -81.3% |
| Gross operating margin | 9900 | -€26,206 | -€7,852 | +€18,354 | +70.0% |
| Operating profit (loss) | 9901 | -€53,228 | -€8,462 | +€44,767 | +84.1% |
| Financial income | 75/76B | €196 | €745 | +€549 | +280% |
| Recurring financial income | 75 | €196 | €745 | +€549 | +280% |
| Financial charges | 65/66B | €492,779 | €56 | -€492,722 | -100.0% |
| Recurring financial charges | 65 | €492,779 | €56 | -€492,722 | -100.0% |
| Profit (loss) for the period before taxes | 9903 | -€545,811 | -€7,773 | +€538,038 | +98.6% |
| Income taxes | 67/77 | €5,073 | €66 | -€5,006 | -98.7% |
| Profit (loss) for the period | 9904 | -€550,884 | -€7,840 | +€543,044 | +98.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€550,884 | -€7,840 | +€543,044 | +98.6% |
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 14 October 2026 via checked.be.