INSURSAFE: 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.
INSURSAFE
Largest movements
- Tangible fixed assets -€16,426
down €16,426 (-6.8%), from €240,553 to €224,127
of which Land and buildings: -€14,603
- Current investments +€9,476
up €9,476 (+23.4%), from €40,530 to €50,006
- Deferred charges and accrued income +€6,505
up €6,505 (+393.1%), from €1,655 to €8,160
- Reserves -€6,177
down €6,177 (-4.2%), from €147,517 to €141,340
- Other debts +€6,002
up €6,002 (+34.1%), from €17,600 to €23,601
- Gross operating margin +€3,814
up €3,814 (+10.8%), from €35,286 to €39,100
- Depreciation -€1,014
down €1,014 (-5.5%), from €18,538 to €17,524
- Financial income +€461
up €461 (+76.0%), from €606 to €1,068
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 | €292,026 | €290,960 | -€1,066 | -0.4% |
| Fixed assets | 21/28 | €240,703 | €224,127 | -€16,576 | -6.9% |
| Tangible fixed assets | 22/27 | €240,553 | €224,127 | -€16,426 | -6.8% |
| Land and buildings | 22 | €234,137 | €219,534 | -€14,603 | -6.2% |
| Plant, machinery and equipment | 23 | €242 | €149 | -€93 | -38.3% |
| Furniture and vehicles | 24 | €6,175 | €4,444 | -€1,731 | -28.0% |
| Financial fixed assets | 28 | €150 | €0 | -€150 | -100.0% |
| Current assets | 29/58 | €51,322 | €66,833 | +€15,511 | +30.2% |
| Amounts receivable within one year | 40/41 | €5,812 | €7,188 | +€1,376 | +23.7% |
| Trade receivables | 40 | €4,257 | €4,148 | -€110 | -2.6% |
| Other amounts receivable | 41 | €1,555 | €3,041 | +€1,486 | +95.6% |
| Current investments | 50/53 | €40,530 | €50,006 | +€9,476 | +23.4% |
| Cash at bank and in hand | 54/58 | €3,325 | €1,478 | -€1,847 | -55.5% |
| Deferred charges and accrued income | 490/1 | €1,655 | €8,160 | +€6,505 | +393.1% |
| Total equity and liabilities | 10/49 | €292,026 | €290,960 | -€1,066 | -0.4% |
| Equity | 10/15 | €166,109 | €159,932 | -€6,177 | -3.7% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €147,517 | €141,340 | -€6,177 | -4.2% |
| Distributable reserves | 133 | €147,517 | €141,340 | -€6,177 | -4.2% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €125,916 | €131,028 | +€5,111 | +4.1% |
| Amounts payable after more than one year | 17 | €104,500 | €104,500 | = | 0.0% |
| Other amounts payable | 178/9 | €104,500 | €104,500 | = | 0.0% |
| Amounts payable within one year | 42/48 | €20,482 | €25,594 | +€5,112 | +25.0% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €641 | €1,993 | +€1,352 | +210.8% |
| Suppliers | 440/4 | €641 | €1,993 | +€1,352 | +210.8% |
| Taxes, remuneration and social security | 45 | €2,241 | €0 | -€2,241 | -100.0% |
| Taxes | 450/3 | €2,241 | €0 | -€2,241 | -100.0% |
| Other amounts payable | 47/48 | €17,600 | €23,601 | +€6,002 | +34.1% |
| Accrued charges and deferred income | 492/3 | €934 | €934 | -€1 | -0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,538 | €17,524 | -€1,014 | -5.5% |
| Other operating charges | 640/8 | €3,347 | €3,138 | -€209 | -6.2% |
| Gross operating margin | 9900 | €35,286 | €39,100 | +€3,814 | +10.8% |
| Operating profit (loss) | 9901 | €13,401 | €18,439 | +€5,037 | +37.6% |
| Financial income | 75/76B | €606 | €1,068 | +€461 | +76.0% |
| Recurring financial income | 75 | €606 | €1,068 | +€461 | +76.0% |
| Financial charges | 65/66B | €6,331 | €6,130 | -€201 | -3.2% |
| Recurring financial charges | 65 | €6,331 | €6,130 | -€201 | -3.2% |
| Profit (loss) for the period before taxes | 9903 | €7,677 | €13,376 | +€5,699 | +74.2% |
| Income taxes | 67/77 | €3,460 | €3,183 | -€276 | -8.0% |
| Profit (loss) for the period | 9904 | €4,217 | €10,193 | +€5,975 | +141.7% |
| Profit (loss) for the period to be appropriated | 9905 | €4,217 | €10,193 | +€5,975 | +141.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.