RR 60: 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
RR 60
NACE 65.122, Insurance, reinsurance and pension funding, except compulsory social security
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€4,500
2024 · €4,500
Equity
€119,175
2024 · €114,675+€4,500
Cash
-
not filed
Balance sheet total
€35.8m
2024 · €37.1m-€1.2m
Largest movements
Assets
- Tangible fixed assets -€1.3m
down €1.3m (-3.8%), from €34.9m to €33.6m
Equity and liabilities
- Debts after one year -€1.3m
down €1.3m (-4.0%), from €33.7m to €32.4m
Income statement
- Gross operating margin +€133,411
up €133,411 (+4.0%), from €3.4m to €3.5m
- Financial charges +€126,960
up €126,960 (+6.2%), from €2.0m to €2.2m
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
€4,500
Gross operating margin
+€133,411
Other operating charges
-€31
Financial income
-€6,420
Financial charges
-€126,960
Result 2025
€4,500
raises the resultlowers the result
Derived cash bridge
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €37,054,501 | €35,832,658 | -€1.2m | -3.3% |
| Fixed assets | 21/28 | €34,920,001 | €33,580,001 | -€1.3m | -3.8% |
| Tangible fixed assets | 22/27 | €34,920,000 | €33,580,000 | -€1.3m | -3.8% |
| Land and buildings | 22 | €34,920,000 | €33,580,000 | -€1.3m | -3.8% |
| Financial fixed assets | 28 | €1 | €1 | = | 0.0% |
| Current assets | 29/58 | €2,134,501 | €2,252,657 | +€118,156 | +5.5% |
| Amounts receivable within one year | 40/41 | €2,134,501 | €2,252,657 | +€118,156 | +5.5% |
| Trade receivables | 40 | €1,773,436 | €1,845,835 | +€72,399 | +4.1% |
| Other amounts receivable | 41 | €361,065 | €406,822 | +€45,758 | +12.7% |
| Total equity and liabilities | 10/49 | €37,054,501 | €35,832,658 | -€1.2m | -3.3% |
| Equity | 10/15 | €114,675 | €119,175 | +€4,500 | +3.9% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €1,231 | €1,456 | +€225 | +18.3% |
| Non-distributable reserves | 130/1 | €1,231 | €1,456 | +€225 | +18.3% |
| Legal reserve | 130 | €1,231 | €1,456 | +€225 | +18.3% |
| Profit (loss) carried forward | 14 | €13,444 | €17,719 | +€4,275 | +31.8% |
| Amounts payable | 17/49 | €36,939,827 | €35,713,483 | -€1.2m | -3.3% |
| Amounts payable after more than one year | 17 | €33,727,175 | €32,387,175 | -€1.3m | -4.0% |
| Other amounts payable | 178/9 | €33,727,175 | €32,387,175 | -€1.3m | -4.0% |
| Amounts payable within one year | 42/48 | €1,352,575 | €1,350,932 | -€1,644 | -0.1% |
| Current portion of amounts payable after more than one year | 42 | €1,340,000 | €1,340,000 | = | 0.0% |
| Trade debts | 44 | €12,575 | €10,932 | -€1,644 | -13.1% |
| Suppliers | 440/4 | €12,575 | €10,932 | -€1,644 | -13.1% |
| Accrued charges and deferred income | 492/3 | €1,860,077 | €1,975,376 | +€115,300 | +6.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,340,000 | €1,340,000 | = | 0.0% |
| Other operating charges | 640/8 | €968 | €998 | +€31 | +3.2% |
| Gross operating margin | 9900 | €3,364,658 | €3,498,069 | +€133,411 | +4.0% |
| Operating profit (loss) | 9901 | €2,023,691 | €2,157,071 | +€133,380 | +6.6% |
| Financial income | 75/76B | €21,571 | €15,151 | -€6,420 | -29.8% |
| Recurring financial income | 75 | €21,571 | €15,151 | -€6,420 | -29.8% |
| Financial charges | 65/66B | €2,039,262 | €2,166,222 | +€126,960 | +6.2% |
| Recurring financial charges | 65 | €2,039,262 | €2,166,222 | +€126,960 | +6.2% |
| Profit (loss) for the period before taxes | 9903 | €6,000 | €6,000 | = | 0.0% |
| Income taxes | 67/77 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) for the period | 9904 | €4,500 | €4,500 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €4,500 | €4,500 | = | 0.0% |
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 23 October 2026 via checked.be.