V ASSUR: what changed
Two fiscal 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.
V ASSUR
Largest movements
- Cash +€31,556
up €31,556 (+112.6%), from €28,023 to €59,579
mainly Net result for the year (+€51,895) and Depreciation (+€11,663)
- Tangible fixed assets -€11,663
down €11,663 (-52.8%), from €22,080 to €10,417
- Other debts +€10,000
new in 2025: €10,000
- Tax, wage and social debts +€8,846
up €8,846 (+62.0%), from €14,266 to €23,112
- Profit (loss) carried forward +€2,013
up €2,013 (+5.9%), from €34,059 to €36,072
- Trade debts -€785
no longer reported in 2025 (was €785)
- Gross operating margin +€15,097
up €15,097 (+23.3%), from €64,729 to €79,825
- Taxes +€3,229
up €3,229 (+25.9%), from €12,454 to €15,683
- Other operating charges -€1,881
down €1,881 (-80.2%), from €2,344 to €464
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.
Cash bridge derived
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 | €51,610 | €71,684 | +€20,074 | +38.9% |
| Fixed assets | 21/28 | €22,080 | €10,417 | -€11,663 | -52.8% |
| Tangible fixed assets | 22/27 | €22,080 | €10,417 | -€11,663 | -52.8% |
| Furniture and vehicles | 24 | €22,080 | €10,417 | -€11,663 | -52.8% |
| Current assets | 29/58 | €29,530 | €61,267 | +€31,737 | +107.5% |
| Amounts receivable within one year | 40/41 | €1,507 | €1,688 | +€181 | +12.0% |
| Other amounts receivable | 41 | €1,507 | €1,688 | +€181 | +12.0% |
| Cash at bank and in hand | 54/58 | €28,023 | €59,579 | +€31,556 | +112.6% |
| Total equity and liabilities | 10/49 | €51,610 | €71,684 | +€20,074 | +38.9% |
| Equity | 10/15 | €36,559 | €38,572 | +€2,013 | +5.5% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €34,059 | €36,072 | +€2,013 | +5.9% |
| Amounts payable | 17/49 | €15,052 | €33,112 | +€18,061 | +120.0% |
| Amounts payable within one year | 42/48 | €15,052 | €33,112 | +€18,061 | +120.0% |
| Trade debts | 44 | €785 | - | -€785 | |
| Suppliers | 440/4 | €785 | - | -€785 | |
| Taxes, remuneration and social security | 45 | €14,266 | €23,112 | +€8,846 | +62.0% |
| Taxes | 450/3 | €14,266 | €23,112 | +€8,846 | +62.0% |
| Other amounts payable | 47/48 | - | €10,000 | +€10,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,663 | €11,663 | = | 0.0% |
| Other operating charges | 640/8 | €2,344 | €464 | -€1,881 | -80.2% |
| Gross operating margin | 9900 | €64,729 | €79,825 | +€15,097 | +23.3% |
| Operating profit (loss) | 9901 | €50,721 | €67,698 | +€16,977 | +33.5% |
| Financial income | 75/76B | €19 | €0 | -€19 | -99.8% |
| Recurring financial income | 75 | €19 | €0 | -€19 | -99.8% |
| Financial charges | 65/66B | €96 | €120 | +€24 | +24.7% |
| Recurring financial charges | 65 | €96 | €120 | +€24 | +24.7% |
| Profit (loss) for the period before taxes | 9903 | €50,644 | €67,579 | +€16,934 | +33.4% |
| Income taxes | 67/77 | €12,454 | €15,683 | +€3,229 | +25.9% |
| Profit (loss) for the period | 9904 | €38,190 | €51,895 | +€13,705 | +35.9% |
| Profit (loss) for the period to be appropriated | 9905 | €38,190 | €51,895 | +€13,705 | +35.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.