InsurTree: 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.
InsurTree
Largest movements
- Receivables within one year +€389,068
up €389,068 (+34.8%), from €1.1m to €1.5m
- Debts after one year +€419,110
up €419,110 (+64.1%), from €654,261 to €1.1m
- Profit (loss) carried forward -€89,731
down €89,731 (-74.5%), from -€120,419 to -€210,150
- Financial charges +€25,287
up €25,287 (+42.8%), from €59,120 to €84,408
- Gross operating margin +€5,346
up €5,346 (+50.1%), from -€10,669 to -€5,323
- Financial income -€194
no longer reported in 2025 (was €194)
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 | €6,352,852 | €6,713,036 | +€360,184 | +5.7% |
| Fixed assets | 21/28 | €5,201,000 | €5,201,000 | = | 0.0% |
| Financial fixed assets | 28 | €5,201,000 | €5,201,000 | = | 0.0% |
| Current assets | 29/58 | €1,151,852 | €1,512,036 | +€360,184 | +31.3% |
| Amounts receivable within one year | 40/41 | €1,116,912 | €1,505,979 | +€389,068 | +34.8% |
| Other amounts receivable | 41 | €1,116,912 | €1,505,979 | +€389,068 | +34.8% |
| Cash at bank and in hand | 54/58 | €34,941 | €6,057 | -€28,884 | -82.7% |
| Total equity and liabilities | 10/49 | €6,352,852 | €6,713,036 | +€360,184 | +5.7% |
| Equity | 10/15 | €5,696,961 | €5,607,230 | -€89,731 | -1.6% |
| Contributions | 10/11 | €5,817,380 | €5,817,380 | = | 0.0% |
| Capital | 10 | €5,817,380 | €5,817,380 | = | 0.0% |
| Issued capital | 100 | €5,829,880 | €5,829,880 | = | 0.0% |
| Uncalled capital | 101 | €12,500 | €12,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€120,419 | -€210,150 | -€89,731 | -74.5% |
| Amounts payable | 17/49 | €655,891 | €1,105,806 | +€449,915 | +68.6% |
| Amounts payable after more than one year | 17 | €654,261 | €1,073,371 | +€419,110 | +64.1% |
| Financial debts | 170/4 | €654,261 | €1,073,371 | +€419,110 | +64.1% |
| Amounts payable within one year | 42/48 | - | €2,979 | +€2,979 | |
| Trade debts | 44 | - | €2,979 | +€2,979 | |
| Suppliers | 440/4 | - | €2,979 | +€2,979 | |
| Accrued charges and deferred income | 492/3 | €1,630 | €29,455 | +€27,825 | +1,707% |
| Gross operating margin | 9900 | -€10,669 | -€5,323 | +€5,346 | +50.1% |
| Operating profit (loss) | 9901 | -€10,669 | -€5,323 | +€5,346 | +50.1% |
| Financial income | 75/76B | €194 | - | -€194 | |
| Recurring financial income | 75 | €194 | - | -€194 | |
| Financial charges | 65/66B | €59,120 | €84,408 | +€25,287 | +42.8% |
| Recurring financial charges | 65 | €59,120 | €84,408 | +€25,287 | +42.8% |
| Profit (loss) for the period before taxes | 9903 | -€69,596 | -€89,731 | -€20,135 | -28.9% |
| Income taxes | 67/77 | €58 | - | -€58 | |
| Profit (loss) for the period | 9904 | -€69,654 | -€89,731 | -€20,077 | -28.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€69,654 | -€89,731 | -€20,077 | -28.8% |
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 18 October 2026 via checked.be.