TS INSURANCE: 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.
TS INSURANCE
Largest movements
- Receivables within one year +€3,718
up €3,718 (+18.5%), from €20,117 to €23,835
- Cash +€2,770
up €2,770 (+161%), from €1,725 to €4,495
mainly Net result for the year (+€5,607) and Tax, wage and social debts (+€2,726)
- Deferred charges and accrued income +€682
new in 2025: €682
- Profit (loss) carried forward +€5,607
up €5,607 (+1,025%), from €547 to €6,154
- Tax, wage and social debts +€2,726
new in 2025: €2,726
- Trade debts -€1,163
down €1,163 (-89.8%), from €1,295 to €132
- Taxes +€8,064
new in 2025: €8,064
- Gross operating margin +€6,999
up €6,999 (+123%), from €5,711 to €12,710
- Financial income +€273
up €273 (+29.8%), from €918 to €1,191
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €21,842 | €29,012 | +€7,170 | +32.8% |
| Current assets | 29/58 | €21,842 | €29,012 | +€7,170 | +32.8% |
| Amounts receivable within one year | 40/41 | €20,117 | €23,835 | +€3,718 | +18.5% |
| Other amounts receivable | 41 | €20,117 | €23,835 | +€3,718 | +18.5% |
| Cash at bank and in hand | 54/58 | €1,725 | €4,495 | +€2,770 | +161% |
| Deferred charges and accrued income | 490/1 | - | €682 | +€682 | |
| Total equity and liabilities | 10/49 | €21,842 | €29,012 | +€7,170 | +32.8% |
| Equity | 10/15 | €20,547 | €26,154 | +€5,607 | +27.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €547 | €6,154 | +€5,607 | +1,025% |
| Amounts payable | 17/49 | €1,295 | €2,858 | +€1,563 | +121% |
| Amounts payable within one year | 42/48 | €1,295 | €2,858 | +€1,563 | +121% |
| Trade debts | 44 | €1,295 | €132 | -€1,163 | -89.8% |
| Suppliers | 440/4 | €1,295 | €132 | -€1,163 | -89.8% |
| Taxes, remuneration and social security | 45 | - | €2,726 | +€2,726 | |
| Taxes | 450/3 | - | €2,726 | +€2,726 | |
| Other operating charges | 640/8 | €171 | €120 | -€51 | -29.8% |
| Gross operating margin | 9900 | €5,711 | €12,710 | +€6,999 | +123% |
| Operating profit (loss) | 9901 | €5,540 | €12,590 | +€7,050 | +127% |
| Financial income | 75/76B | €918 | €1,191 | +€273 | +29.8% |
| Recurring financial income | 75 | €918 | €1,191 | +€273 | +29.8% |
| Financial charges | 65/66B | €135 | €110 | -€25 | -18.3% |
| Recurring financial charges | 65 | €135 | €110 | -€25 | -18.3% |
| Profit (loss) for the period before taxes | 9903 | €6,323 | €13,671 | +€7,348 | +116% |
| Income taxes | 67/77 | - | €8,064 | +€8,064 | |
| Profit (loss) for the period | 9904 | €6,323 | €5,607 | -€716 | -11.3% |
| Profit (loss) for the period to be appropriated | 9905 | €6,323 | €5,607 | -€716 | -11.3% |
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.