InsurProtect: 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.
InsurProtect
Largest movements
- Cash +€502,593
up €502,593 (+79.8%), from €630,035 to €1.1m
mainly Other debts (+€624,302) and Net result for the year (+€572,441)
- Intangible fixed assets -€90,704
down €90,704 (-26.1%), from €348,083 to €257,379
- Other debts +€624,302
up €624,302 (+1098.5%), from €56,831 to €681,133
- Debts after one year -€93,203
down €93,203 (-28.1%), from €331,886 to €238,684
- Reserves -€80,189
down €80,189 (-14.3%), from €561,405 to €481,216
- Tax, wage and social debts -€36,272
down €36,272 (-67.3%), from €53,908 to €17,636
of which Taxes: -€32,679
- Gross operating margin +€429,952
up €429,952 (+60.8%), from €707,722 to €1.1m
- Financial charges +€73,988
up €73,988 (+462.0%), from €16,015 to €90,003
- Taxes +€71,019
up €71,019 (+58.7%), from €121,060 to €192,079
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 | €1,125,731 | €1,539,031 | +€413,300 | +36.7% |
| Fixed assets | 21/28 | €397,151 | €297,093 | -€100,059 | -25.2% |
| Intangible fixed assets | 21 | €348,083 | €257,379 | -€90,704 | -26.1% |
| Tangible fixed assets | 22/27 | €37,986 | €28,631 | -€9,354 | -24.6% |
| Furniture and vehicles | 24 | €37,986 | €26,259 | -€11,727 | -30.9% |
| Other tangible fixed assets | 26 | - | €2,372 | +€2,372 | |
| Financial fixed assets | 28 | €11,083 | €11,083 | = | 0.0% |
| Current assets | 29/58 | €728,579 | €1,241,938 | +€513,359 | +70.5% |
| Amounts receivable after more than one year | 29 | €25,000 | €25,000 | = | 0.0% |
| Other amounts receivable | 291 | €25,000 | €25,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €12,800 | €23,377 | +€10,577 | +82.6% |
| Other amounts receivable | 41 | €12,800 | €23,377 | +€10,577 | +82.6% |
| Cash at bank and in hand | 54/58 | €630,035 | €1,132,628 | +€502,593 | +79.8% |
| Deferred charges and accrued income | 490/1 | €60,744 | €60,933 | +€189 | +0.3% |
| Total equity and liabilities | 10/49 | €1,125,731 | €1,539,031 | +€413,300 | +36.7% |
| Equity | 10/15 | €581,405 | €501,216 | -€80,189 | -13.8% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €561,405 | €481,216 | -€80,189 | -14.3% |
| Distributable reserves | 133 | €561,405 | €481,216 | -€80,189 | -14.3% |
| Amounts payable | 17/49 | €544,325 | €1,037,815 | +€493,490 | +90.7% |
| Amounts payable after more than one year | 17 | €331,886 | €238,684 | -€93,203 | -28.1% |
| Financial debts | 170/4 | €331,886 | €238,684 | -€93,203 | -28.1% |
| Amounts payable within one year | 42/48 | €212,439 | €799,131 | +€586,692 | +276.2% |
| Current portion of amounts payable after more than one year | 42 | €99,542 | €93,203 | -€6,339 | -6.4% |
| Trade debts | 44 | €2,157 | €7,159 | +€5,002 | +231.9% |
| Suppliers | 440/4 | €2,157 | €7,159 | +€5,002 | +231.9% |
| Taxes, remuneration and social security | 45 | €53,908 | €17,636 | -€36,272 | -67.3% |
| Taxes | 450/3 | €33,977 | €1,298 | -€32,679 | -96.2% |
| Remuneration and social security | 454/9 | €19,932 | €16,339 | -€3,593 | -18.0% |
| Other amounts payable | 47/48 | €56,831 | €681,133 | +€624,302 | +1098.5% |
| Remuneration, social security and pensions | 62 | €159,644 | €163,210 | +€3,566 | +2.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €104,749 | €106,042 | +€1,293 | +1.2% |
| Other operating charges | 640/8 | €21,288 | €18,613 | -€2,675 | -12.6% |
| Gross operating margin | 9900 | €707,722 | €1,137,673 | +€429,952 | +60.8% |
| Operating profit (loss) | 9901 | €422,040 | €849,808 | +€427,767 | +101.4% |
| Financial income | 75/76B | €659 | €4,716 | +€4,057 | +616.0% |
| Recurring financial income | 75 | €659 | €4,716 | +€4,057 | +616.0% |
| Financial charges | 65/66B | €16,015 | €90,003 | +€73,988 | +462.0% |
| Recurring financial charges | 65 | €16,015 | €90,003 | +€73,988 | +462.0% |
| Profit (loss) for the period before taxes | 9903 | €406,684 | €764,520 | +€357,836 | +88.0% |
| Income taxes | 67/77 | €121,060 | €192,079 | +€71,019 | +58.7% |
| Profit (loss) for the period | 9904 | €285,624 | €572,441 | +€286,817 | +100.4% |
| Profit (loss) for the period to be appropriated | 9905 | €285,624 | €572,441 | +€286,817 | +100.4% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.