NIVELLES ASSURFINANCE: what changed
What changed
NIVELLES ASSURFINANCE
NACE 65.112, Insurance, reinsurance and pension funding, except compulsory social security
filed annual accounts (NBB)
Net result for the year
-€17,708
2024 · -€7,947-€9,761
Equity
€334,846
2024 · €352,553-€17,708
Cash
-
2024 · €14,990-€14,990
Balance sheet total
€506,033
2024 · €661,720-€155,687
Largest movements
Assets
- Receivables within one year -€105,876
down €105,876 (-88.4%), from €119,807 to €13,931
of which Trade receivables: -€109,807
- Tangible fixed assets -€33,463
down €33,463 (-6.9%), from €482,570 to €449,107
of which Land and buildings: -€26,978
- Cash -€14,990
no longer reported in 2025 (was €14,990)
mainly Trade debts (-€106,937) and Debts after one year (-€36,000)
Equity and liabilities
- Trade debts -€106,937
down €106,937 (-95.2%), from €112,334 to €5,397
- Debts after one year -€36,000
down €36,000 (-24.6%), from €146,250 to €110,250
- Profit (loss) carried forward -€17,708
down €17,708 (-5.5%), from €323,974 to €306,266
Income statement
- Staff costs +€9,961
up €9,961 (+11.7%), from €85,301 to €95,262
- Gross operating margin -€3,637
down €3,637 (-2.8%), from €129,339 to €125,702
- Financial charges -€3,316
down €3,316 (-30.6%), from €10,819 to €7,503
- Depreciation -€1,999
down €1,999 (-5.6%), from €35,463 to €33,463
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.
Result 2024
-€7,947
Gross operating margin
-€3,637
Staff costs
-€9,961
Depreciation
+€1,999
Other operating charges
-€464
Financial income
+€6
Financial charges
+€3,316
Taxes
-€1,020
Result 2025
-€17,708
raises the resultlowers the result
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.
From operations
+€17,066
Investment
€0
Financing
-€32,057
Cash 2024
€14,990
From operations (derived)
+€17,066
Net result for the year
-€17,708
Depreciation
+€33,463
Receivables within one year
+€105,876
Deferred charges and accrued income
+€1,357
Trade debts
-€106,937
Tax, wage and social debts
+€2,565
Other debts
-€1,551
Financing
-€32,057
Debts after one year
-€36,000
Short-term financial debts
+€3,943
Cash 2025
€0
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €661,720 | €506,033 | -€155,687 | -23.5% |
| Fixed assets | 21/28 | €482,632 | €449,169 | -€33,463 | -6.9% |
| Tangible fixed assets | 22/27 | €482,570 | €449,107 | -€33,463 | -6.9% |
| Land and buildings | 22 | €451,627 | €424,649 | -€26,978 | -6.0% |
| Plant, machinery and equipment | 23 | €29,695 | €23,803 | -€5,892 | -19.8% |
| Furniture and vehicles | 24 | €1,248 | €655 | -€593 | -47.5% |
| Financial fixed assets | 28 | €62 | €62 | = | 0.0% |
| Current assets | 29/58 | €179,088 | €56,864 | -€122,223 | -68.2% |
| Amounts receivable within one year | 40/41 | €119,807 | €13,931 | -€105,876 | -88.4% |
| Trade receivables | 40 | €109,807 | - | -€109,807 | |
| Other amounts receivable | 41 | €10,000 | €13,931 | +€3,931 | +39.3% |
| Cash at bank and in hand | 54/58 | €14,990 | - | -€14,990 | |
| Deferred charges and accrued income | 490/1 | €44,290 | €42,933 | -€1,357 | -3.1% |
| Total equity and liabilities | 10/49 | €661,720 | €506,033 | -€155,687 | -23.5% |
| Equity | 10/15 | €352,553 | €334,846 | -€17,708 | -5.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €9,979 | €9,979 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €8,119 | €8,119 | = | 0.0% |
| Profit (loss) carried forward | 14 | €323,974 | €306,266 | -€17,708 | -5.5% |
| Amounts payable | 17/49 | €309,166 | €171,188 | -€137,979 | -44.6% |
| Amounts payable after more than one year | 17 | €146,250 | €110,250 | -€36,000 | -24.6% |
| Financial debts | 170/4 | €146,250 | €110,250 | -€36,000 | -24.6% |
| Amounts payable within one year | 42/48 | €162,916 | €60,938 | -€101,979 | -62.6% |
| Current portion of amounts payable after more than one year | 42 | €36,000 | €36,000 | = | 0.0% |
| Financial debts | 43 | - | €3,943 | +€3,943 | |
| Credit institutions | 430/8 | - | €3,943 | +€3,943 | |
| Trade debts | 44 | €112,334 | €5,397 | -€106,937 | -95.2% |
| Suppliers | 440/4 | €112,334 | €5,397 | -€106,937 | -95.2% |
| Taxes, remuneration and social security | 45 | €11,586 | €14,151 | +€2,565 | +22.1% |
| Taxes | 450/3 | €152 | - | -€152 | |
| Remuneration and social security | 454/9 | €11,434 | €14,151 | +€2,717 | +23.8% |
| Other amounts payable | 47/48 | €2,996 | €1,446 | -€1,551 | -51.7% |
| Remuneration, social security and pensions | 62 | €85,301 | €95,262 | +€9,961 | +11.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,463 | €33,463 | -€1,999 | -5.6% |
| Other operating charges | 640/8 | €5,633 | €6,097 | +€464 | +8.2% |
| Gross operating margin | 9900 | €129,339 | €125,702 | -€3,637 | -2.8% |
| Operating profit (loss) | 9901 | €2,943 | -€9,120 | -€12,063 | |
| Financial income | 75/76B | €0 | €6 | +€6 | +4,221% |
| Recurring financial income | 75 | €0 | €6 | +€6 | +4,221% |
| Financial charges | 65/66B | €10,819 | €7,503 | -€3,316 | -30.6% |
| Recurring financial charges | 65 | €10,819 | €7,503 | -€3,316 | -30.6% |
| Profit (loss) for the period before taxes | 9903 | -€7,876 | -€16,617 | -€8,741 | -111% |
| Income taxes | 67/77 | €71 | €1,091 | +€1,020 | +1,429% |
| Profit (loss) for the period | 9904 | -€7,947 | -€17,708 | -€9,761 | -123% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,947 | -€17,708 | -€9,761 | -123% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.