International Sureties: 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.
International Sureties
Largest movements
- Receivables within one year -€2.4m
down €2.4m (-93.0%), from €2.6m to €178,420
- Cash -€97,088
down €97,088 (-58.0%), from €167,269 to €70,181
mainly Trade debts (-€2.5m) and Tax, wage and social debts (-€13,214)
- Trade debts -€2.5m
down €2.5m (-99.2%), from €2.5m to €20,237
- Profit (loss) carried forward +€53,685
up €53,685 (+57.5%), from €93,361 to €147,046
- Gross operating margin -€31,707
down €31,707 (-24.5%), from €129,584 to €97,876
- Financial charges +€19,448
up €19,448 (+28,583%), from €68 to €19,516
- Taxes -€13,214
down €13,214 (-38.3%), from €34,462 to €21,248
- Other operating charges +€1,734
up €1,734 (+102%), from €1,693 to €3,427
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,726,931 | €248,601 | -€2.5m | -90.9% |
| Current assets | 29/58 | €2,726,931 | €248,601 | -€2.5m | -90.9% |
| Amounts receivable within one year | 40/41 | €2,557,686 | €178,420 | -€2.4m | -93.0% |
| Trade receivables | 40 | €2,557,686 | €178,420 | -€2.4m | -93.0% |
| Cash at bank and in hand | 54/58 | €167,269 | €70,181 | -€97,088 | -58.0% |
| Deferred charges and accrued income | 490/1 | €1,976 | €0 | -€1,976 | -100% |
| Total equity and liabilities | 10/49 | €2,726,931 | €248,601 | -€2.5m | -90.9% |
| Equity | 10/15 | €153,431 | €207,116 | +€53,685 | +35.0% |
| Contributions | 10/11 | €60,070 | €60,070 | = | 0.0% |
| Profit (loss) carried forward | 14 | €93,361 | €147,046 | +€53,685 | +57.5% |
| Amounts payable | 17/49 | €2,573,500 | €41,485 | -€2.5m | -98.4% |
| Amounts payable within one year | 42/48 | €2,573,500 | €41,485 | -€2.5m | -98.4% |
| Trade debts | 44 | €2,539,038 | €20,237 | -€2.5m | -99.2% |
| Suppliers | 440/4 | €2,539,038 | €20,237 | -€2.5m | -99.2% |
| Taxes, remuneration and social security | 45 | €34,462 | €21,248 | -€13,214 | -38.3% |
| Taxes | 450/3 | €34,462 | €21,248 | -€13,214 | -38.3% |
| Other operating charges | 640/8 | €1,693 | €3,427 | +€1,734 | +102% |
| Gross operating margin | 9900 | €129,584 | €97,876 | -€31,707 | -24.5% |
| Operating profit (loss) | 9901 | €127,890 | €94,449 | -€33,442 | -26.1% |
| Financial charges | 65/66B | €68 | €19,516 | +€19,448 | +28,583% |
| Recurring financial charges | 65 | €68 | €19,516 | +€19,448 | +28,583% |
| Profit (loss) for the period before taxes | 9903 | €127,822 | €74,933 | -€52,890 | -41.4% |
| Income taxes | 67/77 | €34,462 | €21,248 | -€13,214 | -38.3% |
| Profit (loss) for the period | 9904 | €93,361 | €53,685 | -€39,675 | -42.5% |
| Profit (loss) for the period to be appropriated | 9905 | €93,361 | €53,685 | -€39,675 | -42.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.