MULTI-RISK INSURANCE: what changed
MULTI-RISK INSURANCE
Largest movements
- Receivables within one year -€6,998
down €6,998 (-66.6%), from €10,508 to €3,510
of which Trade receivables: -€4,370
- Current investments -€2,599
down €2,599 (-96.3%), from €2,700 to €101
- Tangible fixed assets -€575
down €575 (-56.6%), from €1,017 to €442
- Deferred charges and accrued income -€430
no longer reported in 2025 (was €430)
- Trade debts -€5,946
down €5,946 (-100%), from €5,946 to €0
- Profit (loss) carried forward -€4,245
down €4,245 (-10.8%), from -€39,403 to -€43,647
- Tax, wage and social debts -€440
no longer reported in 2025 (was €440)
- Purchases and services +€38,981
new in 2025: €38,981
- Turnover +€36,955
new in 2025: €36,955
- Gross operating margin -€2,863
down €2,863, from €837 to -€2,026
- Financial charges +€1,553
up €1,553 (+424%), from €366 to €1,919
- Financial income +€676
up €676 (+99.9%), from €676 to €1,352
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €16,983 | €6,353 | -€10,631 | -62.6% |
| Fixed assets | 21/28 | €1,017 | €442 | -€575 | -56.6% |
| Tangible fixed assets | 22/27 | €1,017 | €442 | -€575 | -56.6% |
| Furniture and vehicles | 24 | €1,017 | €442 | -€575 | -56.6% |
| Current assets | 29/58 | €15,966 | €5,911 | -€10,055 | -63.0% |
| Amounts receivable within one year | 40/41 | €10,508 | €3,510 | -€6,998 | -66.6% |
| Trade receivables | 40 | €4,370 | - | -€4,370 | |
| Other amounts receivable | 41 | €6,138 | €3,510 | -€2,628 | -42.8% |
| Current investments | 50/53 | €2,700 | €101 | -€2,599 | -96.3% |
| Cash at bank and in hand | 54/58 | €2,328 | €2,300 | -€28 | -1.2% |
| Deferred charges and accrued income | 490/1 | €430 | - | -€430 | |
| Total equity and liabilities | 10/49 | €16,983 | €6,353 | -€10,631 | -62.6% |
| Equity | 10/15 | €10,597 | €6,353 | -€4,245 | -40.1% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€39,403 | -€43,647 | -€4,245 | -10.8% |
| Amounts payable | 17/49 | €6,386 | €0 | -€6,386 | -100% |
| Amounts payable within one year | 42/48 | €6,386 | €0 | -€6,386 | -100% |
| Trade debts | 44 | €5,946 | €0 | -€5,946 | -100% |
| Suppliers | 440/4 | €5,946 | €0 | -€5,946 | -100% |
| Taxes, remuneration and social security | 45 | €440 | - | -€440 | |
| Taxes | 450/3 | €440 | - | -€440 | |
| Turnover | 70 | - | €36,955 | +€36,955 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €38,981 | +€38,981 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €695 | €575 | -€120 | -17.3% |
| Other operating charges | 640/8 | €825 | €1,076 | +€251 | +30.4% |
| Gross operating margin | 9900 | €837 | -€2,026 | -€2,863 | |
| Operating profit (loss) | 9901 | -€684 | -€3,677 | -€2,993 | -438% |
| Financial income | 75/76B | €676 | €1,352 | +€676 | +99.9% |
| Recurring financial income | 75 | €676 | €1,352 | +€676 | +99.9% |
| Financial charges | 65/66B | €366 | €1,919 | +€1,553 | +424% |
| Recurring financial charges | 65 | €366 | €1,919 | +€1,553 | +424% |
| Profit (loss) for the period before taxes | 9903 | -€374 | -€4,245 | -€3,871 | -1,036% |
| Profit (loss) for the period | 9904 | -€374 | -€4,245 | -€3,871 | -1,036% |
| Profit (loss) for the period to be appropriated | 9905 | -€374 | -€4,245 | -€3,871 | -1,036% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.