JP4 INSURANCE: 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.
JP4 INSURANCE
Largest movements
- Cash +€17,838
up €17,838 (+24.9%), from €71,549 to €89,387
mainly Other debts (+€19,401) and Net result for the year (+€12,239)
- Deferred charges and accrued income +€1,459
up €1,459 (+72.0%), from €2,026 to €3,485
- Other debts +€19,401
up €19,401 (+36.1%), from €53,735 to €73,135
- Profit (loss) carried forward +€12,239
up €12,239 (+21.0%), from -€58,151 to -€45,912
- Debts after one year -€10,947
down €10,947 (-18.0%), from €60,947 to €50,000
- Current portion of long-term debt -€2,098
down €2,098 (-14.8%), from €14,136 to €12,038
- Gross operating margin +€5,665
up €5,665 (+50.6%), from €11,204 to €16,869
- Financial charges -€312
down €312 (-49.7%), from €628 to €316
- Depreciation -€229
down €229 (-4.8%), from €4,742 to €4,513
- Financial income +€221
up €221 (+33.3%), from €663 to €884
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 | €90,219 | €107,868 | +€17,648 | +19.6% |
| Fixed assets | 21/28 | €14,381 | €13,762 | -€619 | -4.3% |
| Tangible fixed assets | 22/27 | €14,381 | €13,762 | -€619 | -4.3% |
| Furniture and vehicles | 24 | €11,330 | €9,942 | -€1,388 | -12.2% |
| Other tangible fixed assets | 26 | €3,051 | €3,820 | +€769 | +25.2% |
| Current assets | 29/58 | €75,839 | €94,106 | +€18,267 | +24.1% |
| Amounts receivable within one year | 40/41 | €2,264 | €1,234 | -€1,029 | -45.5% |
| Other amounts receivable | 41 | €2,264 | €1,234 | -€1,029 | -45.5% |
| Cash at bank and in hand | 54/58 | €71,549 | €89,387 | +€17,838 | +24.9% |
| Deferred charges and accrued income | 490/1 | €2,026 | €3,485 | +€1,459 | +72.0% |
| Total equity and liabilities | 10/49 | €90,219 | €107,868 | +€17,648 | +19.6% |
| Equity | 10/15 | -€39,551 | -€27,312 | +€12,239 | +30.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€58,151 | -€45,912 | +€12,239 | +21.0% |
| Amounts payable | 17/49 | €129,770 | €135,180 | +€5,409 | +4.2% |
| Amounts payable after more than one year | 17 | €60,947 | €50,000 | -€10,947 | -18.0% |
| Financial debts | 170/4 | €60,947 | €50,000 | -€10,947 | -18.0% |
| Amounts payable within one year | 42/48 | €68,809 | €85,173 | +€16,364 | +23.8% |
| Current portion of amounts payable after more than one year | 42 | €14,136 | €12,038 | -€2,098 | -14.8% |
| Financial debts | 43 | €424 | - | -€424 | |
| Credit institutions | 430/8 | €424 | - | -€424 | |
| Trade debts | 44 | €514 | - | -€514 | |
| Suppliers | 440/4 | €514 | - | -€514 | |
| Other amounts payable | 47/48 | €53,735 | €73,135 | +€19,401 | +36.1% |
| Accrued charges and deferred income | 492/3 | €15 | €7 | -€8 | -52.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,742 | €4,513 | -€229 | -4.8% |
| Other operating charges | 640/8 | €387 | €404 | +€17 | +4.4% |
| Non-recurring operating charges | 66A | €96 | - | -€96 | |
| Gross operating margin | 9900 | €11,204 | €16,869 | +€5,665 | +50.6% |
| Operating profit (loss) | 9901 | €5,978 | €11,951 | +€5,973 | +99.9% |
| Financial income | 75/76B | €663 | €884 | +€221 | +33.3% |
| Recurring financial income | 75 | €663 | €884 | +€221 | +33.3% |
| Financial charges | 65/66B | €628 | €316 | -€312 | -49.7% |
| Recurring financial charges | 65 | €628 | €316 | -€312 | -49.7% |
| Profit (loss) for the period before taxes | 9903 | €6,014 | €12,520 | +€6,506 | +108% |
| Income taxes | 67/77 | €241 | €281 | +€40 | +16.7% |
| Profit (loss) for the period | 9904 | €5,773 | €12,239 | +€6,466 | +112% |
| Profit (loss) for the period to be appropriated | 9905 | €5,773 | €12,239 | +€6,466 | +112% |
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 29 October 2026 via checked.be.