IREA ASSURANCES: 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.
IREA ASSURANCES
Largest movements
- Receivables within one year +€41,344
up €41,344 (+92.8%), from €44,538 to €85,881
- Other debts -€119,923
down €119,923 (-80.1%), from €149,686 to €29,763
- Tax, wage and social debts +€62,463
up €62,463 (+46.0%), from €135,762 to €198,225
of which Taxes: +€32,930
- Trade debts +€40,689
up €40,689 (+365.4%), from €11,136 to €51,825
- Short-term financial debts +€36,967
up €36,967 (+1157.7%), from €3,193 to €40,160
- Profit (loss) carried forward +€35,343
up €35,343 (+11.2%), from -€316,087 to -€280,744
- Staff costs +€44,149
up €44,149 (+22.2%), from €199,197 to €243,346
- Gross operating margin +€21,565
up €21,565 (+7.7%), from €281,115 to €302,679
- Other operating charges -€13,609
down €13,609 (-86.1%), from €15,809 to €2,200
- Taxes -€6,661
down €6,661 (-25.0%), from €26,661 to €20,000
- Financial income +€4,506
up €4,506 (+1869.2%), from €241 to €4,747
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.
Cash bridge derived
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 | €2,559,531 | €2,614,204 | +€54,673 | +2.1% |
| Fixed assets | 21/28 | €2,514,903 | €2,513,947 | -€956 | 0.0% |
| Intangible fixed assets | 21 | €2,500,000 | €2,500,000 | = | 0.0% |
| Tangible fixed assets | 22/27 | €13,362 | €12,406 | -€956 | -7.2% |
| Furniture and vehicles | 24 | €4,041 | €3,323 | -€717 | -17.7% |
| Other tangible fixed assets | 26 | €9,321 | €9,083 | -€239 | -2.6% |
| Financial fixed assets | 28 | €1,541 | €1,541 | = | 0.0% |
| Current assets | 29/58 | €44,627 | €100,257 | +€55,629 | +124.7% |
| Amounts receivable within one year | 40/41 | €44,538 | €85,881 | +€41,344 | +92.8% |
| Other amounts receivable | 41 | €44,538 | €85,881 | +€41,344 | +92.8% |
| Cash at bank and in hand | 54/58 | - | €3,093 | +€3,093 | |
| Deferred charges and accrued income | 490/1 | €90 | €11,283 | +€11,193 | +12468.4% |
| Total equity and liabilities | 10/49 | €2,559,531 | €2,614,204 | +€54,673 | +2.1% |
| Equity | 10/15 | €2,258,889 | €2,294,231 | +€35,343 | +1.6% |
| Contributions | 10/11 | €66,100 | €66,100 | = | 0.0% |
| Revaluation surpluses | 12 | €2,500,000 | €2,500,000 | = | 0.0% |
| Reserves | 13 | €8,876 | €8,876 | = | 0.0% |
| Distributable reserves | 133 | €8,876 | €8,876 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€316,087 | -€280,744 | +€35,343 | +11.2% |
| Amounts payable | 17/49 | €300,642 | €319,973 | +€19,331 | +6.4% |
| Amounts payable within one year | 42/48 | €299,778 | €319,973 | +€20,195 | +6.7% |
| Financial debts | 43 | €3,193 | €40,160 | +€36,967 | +1157.7% |
| Credit institutions | 430/8 | €3,193 | €40,160 | +€36,967 | +1157.7% |
| Trade debts | 44 | €11,136 | €51,825 | +€40,689 | +365.4% |
| Suppliers | 440/4 | €11,136 | €51,825 | +€40,689 | +365.4% |
| Taxes, remuneration and social security | 45 | €135,762 | €198,225 | +€62,463 | +46.0% |
| Taxes | 450/3 | €60,662 | €93,592 | +€32,930 | +54.3% |
| Remuneration and social security | 454/9 | €75,100 | €104,633 | +€29,533 | +39.3% |
| Other amounts payable | 47/48 | €149,686 | €29,763 | -€119,923 | -80.1% |
| Accrued charges and deferred income | 492/3 | €864 | - | -€864 | |
| Remuneration, social security and pensions | 62 | €199,197 | €243,346 | +€44,149 | +22.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,548 | €956 | -€592 | -38.2% |
| Other operating charges | 640/8 | €15,809 | €2,200 | -€13,609 | -86.1% |
| Gross operating margin | 9900 | €281,115 | €302,679 | +€21,565 | +7.7% |
| Operating profit (loss) | 9901 | €64,561 | €56,177 | -€8,383 | -13.0% |
| Financial income | 75/76B | €241 | €4,747 | +€4,506 | +1869.2% |
| Recurring financial income | 75 | €241 | €4,747 | +€4,506 | +1869.2% |
| Financial charges | 65/66B | €9,268 | €5,582 | -€3,686 | -39.8% |
| Recurring financial charges | 65 | €9,268 | €5,582 | -€3,686 | -39.8% |
| Profit (loss) for the period before taxes | 9903 | €55,534 | €55,343 | -€191 | -0.3% |
| Income taxes | 67/77 | €26,661 | €20,000 | -€6,661 | -25.0% |
| Profit (loss) for the period | 9904 | €28,873 | €35,343 | +€6,470 | +22.4% |
| Profit (loss) for the period to be appropriated | 9905 | €28,873 | €35,343 | +€6,470 | +22.4% |
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 9 October 2026 via checked.be.