Msurance: 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.
Msurance
Largest movements
- Current investments +€34,000
new in 2025: €34,000
- Receivables within one year +€21,491
up €21,491 (+5102.6%), from €421 to €21,912
of which Trade receivables: +€21,912
- Profit (loss) carried forward +€31,466
up €31,466, from -€1,686 to €29,780
- Tax, wage and social debts +€17,468
new in 2025: €17,468
- Trade debts +€6,653
up €6,653 (+20265.5%), from €33 to €6,686
- Gross operating margin +€51,562
up €51,562, from -€1,388 to €50,175
- Taxes +€9,740
up €9,740, from €0 to €9,740
- Staff costs +€5,898
new in 2025: €5,898
- Other operating charges +€2,628
new in 2025: €2,628
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 | €3,347 | €58,935 | +€55,588 | +1660.8% |
| Formation expenses | 20 | €1,193 | €894 | -€298 | -25.0% |
| Current assets | 29/58 | €2,155 | €58,040 | +€55,886 | +2593.8% |
| Amounts receivable within one year | 40/41 | €421 | €21,912 | +€21,491 | +5102.6% |
| Trade receivables | 40 | - | €21,912 | +€21,912 | |
| Other amounts receivable | 41 | €421 | - | -€421 | |
| Current investments | 50/53 | - | €34,000 | +€34,000 | |
| Cash at bank and in hand | 54/58 | €1,733 | €2,129 | +€395 | +22.8% |
| Total equity and liabilities | 10/49 | €3,347 | €58,935 | +€55,588 | +1660.8% |
| Equity | 10/15 | €3,314 | €34,780 | +€31,466 | +949.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,686 | €29,780 | +€31,466 | |
| Amounts payable | 17/49 | €33 | €24,154 | +€24,122 | +73474.2% |
| Amounts payable within one year | 42/48 | €33 | €24,154 | +€24,122 | +73474.2% |
| Trade debts | 44 | €33 | €6,686 | +€6,653 | +20265.5% |
| Suppliers | 440/4 | €33 | €6,686 | +€6,653 | +20265.5% |
| Taxes, remuneration and social security | 45 | - | €17,468 | +€17,468 | |
| Taxes | 450/3 | - | €17,468 | +€17,468 | |
| Remuneration, social security and pensions | 62 | - | €5,898 | +€5,898 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €298 | €298 | = | 0.0% |
| Other operating charges | 640/8 | - | €2,628 | +€2,628 | |
| Gross operating margin | 9900 | -€1,388 | €50,175 | +€51,562 | |
| Operating profit (loss) | 9901 | -€1,686 | €41,351 | +€43,036 | |
| Financial charges | 65/66B | - | €144 | +€144 | |
| Recurring financial charges | 65 | - | €144 | +€144 | |
| Profit (loss) for the period before taxes | 9903 | -€1,686 | €41,206 | +€42,892 | |
| Income taxes | 67/77 | €0 | €9,740 | +€9,740 | |
| Profit (loss) for the period | 9904 | -€1,686 | €31,466 | +€33,152 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,686 | €31,466 | +€33,152 |
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.