INSUROPE: 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.
What changed
INSUROPE
NACE 82.100, Office administrative and support services
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€408,336
2024 · €286,289+€122,047
Equity
€7.2m
2024 · €6.8m+€408,336
Cash
€4.7m
2024 · €4.3m+€384,275
Balance sheet total
€14.4m
2024 · €13.2m+€1.3m
Largest movements
Assets
- Current investments +€800,000
up €800,000 (+10.4%), from €7.7m to €8.5m
- Cash +€384,275
up €384,275 (+8.9%), from €4.3m to €4.7m
mainly Trade debts (+€832,076) and Net result for the year (+€408,336)
Equity and liabilities
- Trade debts +€832,076
up €832,076 (+16.7%), from €5.0m to €5.8m
- Profit (loss) carried forward +€408,336
up €408,336 (+14.9%), from €2.7m to €3.2m
Income statement
- Gross operating margin +€1.2m
up €1.2m (+29.2%), from €4.2m to €5.5m
- Staff costs +€704,578
up €704,578 (+17.8%), from €4.0m to €4.7m
- Financial charges +€501,467
up €501,467 (+788%), from €63,675 to €565,142
- Financial income -€134,845
down €134,845 (-29.5%), from €456,439 to €321,594
- Taxes -€119,255
down €119,255 (-49.6%), from €240,370 to €121,115
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.
Result 2024
€286,289
Gross operating margin
+€1.2m
Staff costs
-€704,578
Depreciation
-€3,090
Provisions
+€100,600
Other operating charges
+€642
Other operating items
+€9,947
Financial income
-€134,845
Financial charges
-€501,467
Taxes
+€119,255
Result 2025
€408,336
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€1.2m
Investment
-€814,260
Financing
€0
Cash 2024
€4.3m
From operations (derived)
+€1.2m
Net result for the year
+€408,336
Depreciation
+€43,438
Receivables within one year
-€66,546
Deferred charges and accrued income
-€33,221
Provisions
-€100,600
Trade debts
+€832,076
Tax, wage and social debts
+€69,084
Accrued charges and deferred income
+€45,969
Investment (derived)
-€814,260
Investment in fixed assets (net)
-€14,260
Current investments
-€800,000
Cash 2025
€4.7m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €13,150,558 | €14,405,423 | +€1.3m | +9.5% |
| Fixed assets | 21/28 | €784,773 | €755,595 | -€29,178 | -3.7% |
| Intangible fixed assets | 21 | - | €999 | +€999 | |
| Tangible fixed assets | 22/27 | €262,375 | €231,344 | -€31,032 | -11.8% |
| Furniture and vehicles | 24 | €17,412 | €18,753 | +€1,341 | +7.7% |
| Other tangible fixed assets | 26 | €244,963 | €212,591 | -€32,372 | -13.2% |
| Financial fixed assets | 28 | €522,398 | €523,253 | +€855 | +0.2% |
| Current assets | 29/58 | €12,365,785 | €13,649,828 | +€1.3m | +10.4% |
| Amounts receivable within one year | 40/41 | €282,773 | €349,319 | +€66,546 | +23.5% |
| Trade receivables | 40 | €119,278 | €68,421 | -€50,857 | -42.6% |
| Other amounts receivable | 41 | €163,494 | €280,898 | +€117,403 | +71.8% |
| Current investments | 50/53 | €7,700,000 | €8,500,000 | +€800,000 | +10.4% |
| Cash at bank and in hand | 54/58 | €4,303,972 | €4,688,248 | +€384,275 | +8.9% |
| Deferred charges and accrued income | 490/1 | €79,040 | €112,261 | +€33,221 | +42.0% |
| Total equity and liabilities | 10/49 | €13,150,558 | €14,405,423 | +€1.3m | +9.5% |
| Equity | 10/15 | €6,781,547 | €7,189,883 | +€408,336 | +6.0% |
| Contributions | 10/11 | €4,027,800 | €4,027,800 | = | 0.0% |
| Reserves | 13 | €11,355 | €11,355 | = | 0.0% |
| Distributable reserves | 133 | €11,355 | €11,355 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,742,393 | €3,150,729 | +€408,336 | +14.9% |
| Provisions and deferred taxes | 16 | €603,921 | €503,321 | -€100,600 | -16.7% |
| Provisions for liabilities and charges | 160/5 | €603,921 | €503,321 | -€100,600 | -16.7% |
| Pensions and similar obligations | 160 | €603,921 | €503,321 | -€100,600 | -16.7% |
| Amounts payable | 17/49 | €5,765,090 | €6,712,219 | +€947,128 | +16.4% |
| Amounts payable within one year | 42/48 | €5,677,801 | €6,578,961 | +€901,160 | +15.9% |
| Trade debts | 44 | €4,995,350 | €5,827,426 | +€832,076 | +16.7% |
| Suppliers | 440/4 | €4,995,350 | €5,827,426 | +€832,076 | +16.7% |
| Taxes, remuneration and social security | 45 | €682,373 | €751,457 | +€69,084 | +10.1% |
| Taxes | 450/3 | €0 | - | = | |
| Remuneration and social security | 454/9 | €682,373 | €751,457 | +€69,084 | +10.1% |
| Other amounts payable | 47/48 | €78 | €78 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €87,289 | €133,257 | +€45,969 | +52.7% |
| Remuneration, social security and pensions | 62 | €3,966,715 | €4,671,293 | +€704,578 | +17.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,349 | €43,438 | +€3,090 | +7.7% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €0 | -€100,600 | -€100,600 | |
| Other operating charges | 640/8 | €29,914 | €29,272 | -€642 | -2.1% |
| Non-recurring operating charges | 66A | €63,525 | €53,578 | -€9,947 | -15.7% |
| Gross operating margin | 9900 | €4,234,398 | €5,469,981 | +€1.2m | +29.2% |
| Operating profit (loss) | 9901 | €133,895 | €773,000 | +€639,105 | +477% |
| Financial income | 75/76B | €456,439 | €321,594 | -€134,845 | -29.5% |
| Recurring financial income | 75 | €456,439 | €321,594 | -€134,845 | -29.5% |
| Financial charges | 65/66B | €63,675 | €565,142 | +€501,467 | +788% |
| Recurring financial charges | 65 | €63,675 | €565,142 | +€501,467 | +788% |
| Profit (loss) for the period before taxes | 9903 | €526,659 | €529,452 | +€2,793 | +0.5% |
| Income taxes | 67/77 | €240,370 | €121,115 | -€119,255 | -49.6% |
| Profit (loss) for the period | 9904 | €286,289 | €408,336 | +€122,047 | +42.6% |
| Profit (loss) for the period to be appropriated | 9905 | €286,289 | €408,336 | +€122,047 | +42.6% |
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 23 October 2026 via checked.be.