NUANCE VERZEKERINGEN: 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.
What changed
NUANCE VERZEKERINGEN
NACE 66.220, Insurance agents and brokers
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€11,093
2024 · €13,535-€2,442
Equity
€143,635
2024 · €143,543+€93
Cash
€67,121
2024 · €67,902-€781
Balance sheet total
€1.0m
2024 · €1.2m-€163,530
Largest movements
Assets
- Intangible fixed assets -€138,950
down €138,950 (-16.7%), from €833,701 to €694,751
- Tangible fixed assets -€25,548
down €25,548 (-17.5%), from €146,063 to €120,515
of which Furniture and vehicles: -€33,458
Equity and liabilities
- Debts after one year -€173,543
down €173,543 (-20.5%), from €846,325 to €672,782
Income statement
- Staff costs +€12,610
up €12,610 (+6.6%), from €191,221 to €203,830
- Gross operating margin +€9,388
up €9,388 (+2.3%), from €406,563 to €415,950
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.
Result 2024
€13,535
Gross operating margin
+€9,388
Staff costs
-€12,610
Depreciation
-€1,359
Other operating charges
+€651
Financial income
+€1,208
Financial charges
+€1,950
Taxes
-€1,670
Result 2025
€11,093
raises the resultlowers the result
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.
From operations
+€195,473
Investment
-€14,624
Financing
-€181,630
Cash 2024
€67,902
From operations (derived)
+€195,473
Net result for the year
+€11,093
Depreciation
+€179,121
Receivables within one year
-€431
Deferred charges and accrued income
-€1,318
Trade debts
+€6,333
Tax, wage and social debts
+€6,471
Other debts
-€1,441
Accrued charges and deferred income
-€4,355
Investment (derived)
-€14,624
Investment in fixed assets (net)
-€14,624
Financing
-€181,630
Debts after one year
-€173,543
Current portion of long-term debt
+€2,913
Contributions, distributions and other
-€11,000
Cash 2025
€67,121
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,196,691 | €1,033,161 | -€163,530 | -13.7% |
| Fixed assets | 21/28 | €982,014 | €817,517 | -€164,498 | -16.8% |
| Intangible fixed assets | 21 | €833,701 | €694,751 | -€138,950 | -16.7% |
| Tangible fixed assets | 22/27 | €146,063 | €120,515 | -€25,548 | -17.5% |
| Land and buildings | 22 | €27,557 | €26,638 | -€920 | -3.3% |
| Furniture and vehicles | 24 | €101,618 | €68,161 | -€33,458 | -32.9% |
| Other tangible fixed assets | 26 | €16,888 | €25,717 | +€8,830 | +52.3% |
| Financial fixed assets | 28 | €2,250 | €2,250 | = | 0.0% |
| Current assets | 29/58 | €214,676 | €215,644 | +€968 | +0.5% |
| Amounts receivable within one year | 40/41 | €141,167 | €141,597 | +€431 | +0.3% |
| Trade receivables | 40 | €0 | €1,931 | +€1,931 | |
| Other amounts receivable | 41 | €141,167 | €139,666 | -€1,501 | -1.1% |
| Cash at bank and in hand | 54/58 | €67,902 | €67,121 | -€781 | -1.1% |
| Deferred charges and accrued income | 490/1 | €5,608 | €6,925 | +€1,318 | +23.5% |
| Total equity and liabilities | 10/49 | €1,196,691 | €1,033,161 | -€163,530 | -13.7% |
| Equity | 10/15 | €143,543 | €143,635 | +€93 | +0.1% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €118,543 | €118,543 | = | 0.0% |
| Distributable reserves | 133 | €118,543 | €118,543 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €93 | +€93 | |
| Amounts payable | 17/49 | €1,053,148 | €889,525 | -€163,623 | -15.5% |
| Amounts payable after more than one year | 17 | €846,325 | €672,782 | -€173,543 | -20.5% |
| Financial debts | 170/4 | €846,325 | €672,782 | -€173,543 | -20.5% |
| Amounts payable within one year | 42/48 | €202,467 | €216,743 | +€14,276 | +7.1% |
| Current portion of amounts payable after more than one year | 42 | €170,630 | €173,543 | +€2,913 | +1.7% |
| Trade debts | 44 | €9,177 | €15,510 | +€6,333 | +69.0% |
| Suppliers | 440/4 | €9,177 | €15,510 | +€6,333 | +69.0% |
| Taxes, remuneration and social security | 45 | €0 | €6,471 | +€6,471 | |
| Taxes | 450/3 | €0 | €6,471 | +€6,471 | |
| Other amounts payable | 47/48 | €22,661 | €21,219 | -€1,441 | -6.4% |
| Accrued charges and deferred income | 492/3 | €4,355 | €0 | -€4,355 | -100% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €191,221 | €203,830 | +€12,610 | +6.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €177,762 | €179,121 | +€1,359 | +0.8% |
| Other operating charges | 640/8 | €4,149 | €3,498 | -€651 | -15.7% |
| Gross operating margin | 9900 | €406,563 | €415,950 | +€9,388 | +2.3% |
| Operating profit (loss) | 9901 | €33,431 | €29,501 | -€3,930 | -11.8% |
| Financial income | 75/76B | €2,706 | €3,915 | +€1,208 | +44.7% |
| Recurring financial income | 75 | €2,706 | €3,915 | +€1,208 | +44.7% |
| Financial charges | 65/66B | €14,588 | €12,638 | -€1,950 | -13.4% |
| Recurring financial charges | 65 | €14,588 | €12,638 | -€1,950 | -13.4% |
| Profit (loss) for the period before taxes | 9903 | €21,550 | €20,778 | -€772 | -3.6% |
| Income taxes | 67/77 | €8,015 | €9,685 | +€1,670 | +20.8% |
| Profit (loss) for the period | 9904 | €13,535 | €11,093 | -€2,442 | -18.0% |
| Profit (loss) for the period to be appropriated | 9905 | €13,535 | €11,093 | -€2,442 | -18.0% |
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 31 October 2026 via checked.be.