MN 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.
MN INSURANCE
Largest movements
- Receivables within one year +€13,381
up €13,381 (+187.0%), from €7,157 to €20,538
of which Trade receivables: +€9,721
- Tangible fixed assets -€493
down €493 (-35.3%), from €1,395 to €903
- Other debts +€11,412
up €11,412 (+471.6%), from €2,420 to €13,832
- Short-term financial debts +€4,974
new in 2025: €4,974
- Tax, wage and social debts -€2,224
no longer reported in 2025 (was €2,224)
- Profit (loss) carried forward -€1,998
down €1,998 (-82.5%), from €2,421 to €423
- Trade debts +€712
new in 2025: €712
- Taxes -€2,224
no longer reported in 2025 (was €2,224)
- Gross operating margin +€2,058
up €2,058 (+23.2%), from €8,883 to €10,942
- Depreciation -€941
down €941 (-65.6%), from €1,434 to €493
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 | €8,565 | €21,440 | +€12,875 | +150.3% |
| Fixed assets | 21/28 | €1,395 | €903 | -€493 | -35.3% |
| Tangible fixed assets | 22/27 | €1,395 | €903 | -€493 | -35.3% |
| Furniture and vehicles | 24 | €1,395 | €903 | -€493 | -35.3% |
| Current assets | 29/58 | €7,170 | €20,538 | +€13,368 | +186.5% |
| Amounts receivable within one year | 40/41 | €7,157 | €20,538 | +€13,381 | +187.0% |
| Trade receivables | 40 | €2,279 | €12,000 | +€9,721 | +426.6% |
| Other amounts receivable | 41 | €4,878 | €8,538 | +€3,660 | +75.0% |
| Cash at bank and in hand | 54/58 | €13 | - | -€13 | |
| Total equity and liabilities | 10/49 | €8,565 | €21,440 | +€12,875 | +150.3% |
| Equity | 10/15 | €3,921 | €1,923 | -€1,998 | -51.0% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,421 | €423 | -€1,998 | -82.5% |
| Amounts payable | 17/49 | €4,644 | €19,518 | +€14,874 | +320.3% |
| Amounts payable within one year | 42/48 | €4,644 | €19,518 | +€14,874 | +320.3% |
| Financial debts | 43 | - | €4,974 | +€4,974 | |
| Credit institutions | 430/8 | - | €4,974 | +€4,974 | |
| Trade debts | 44 | - | €712 | +€712 | |
| Suppliers | 440/4 | - | €712 | +€712 | |
| Taxes, remuneration and social security | 45 | €2,224 | - | -€2,224 | |
| Taxes | 450/3 | €2,224 | - | -€2,224 | |
| Other amounts payable | 47/48 | €2,420 | €13,832 | +€11,412 | +471.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,434 | €493 | -€941 | -65.6% |
| Gross operating margin | 9900 | €8,883 | €10,942 | +€2,058 | +23.2% |
| Operating profit (loss) | 9901 | €7,450 | €10,449 | +€2,999 | +40.3% |
| Financial income | 75/76B | €3 | - | -€3 | |
| Recurring financial income | 75 | €3 | - | -€3 | |
| Financial charges | 65/66B | €388 | €447 | +€59 | +15.2% |
| Recurring financial charges | 65 | €388 | €447 | +€59 | +15.2% |
| Profit (loss) for the period before taxes | 9903 | €7,065 | €10,002 | +€2,937 | +41.6% |
| Income taxes | 67/77 | €2,224 | - | -€2,224 | |
| Profit (loss) for the period | 9904 | €4,841 | €10,002 | +€5,161 | +106.6% |
| Profit (loss) for the period to be appropriated | 9905 | €4,841 | €10,002 | +€5,161 | +106.6% |
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 9 October 2026 via checked.be.