VDB-Assurix: 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
VDB-Assurix
NACE 66.220, Insurance agents and brokers
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€156,440
2024 · €119,178+€37,262
Equity
€485,745
2024 · €329,304+€156,440
Cash
€184,378
2024 · €170,809+€13,570
Balance sheet total
€1.4m
2024 · €1.4m-€690
Largest movements
Assets
- Intangible fixed assets -€41,250
down €41,250 (-6.5%), from €633,103 to €591,853
- Tangible fixed assets +€22,049
up €22,049 (+3.9%), from €569,873 to €591,922
of which Furniture and vehicles: +€32,428
Equity and liabilities
- Debts after one year -€211,169
down €211,169 (-24.2%), from €871,215 to €660,046
- Reserves +€156,350
up €156,350 (+47.8%), from €327,268 to €483,618
- Current portion of long-term debt +€121,814
up €121,814 (+1,321%), from €9,223 to €131,037
- Other debts -€82,024
down €82,024 (-85.8%), from €95,577 to €13,553
Income statement
- Gross operating margin +€56,312
up €56,312 (+16.9%), from €332,887 to €389,199
- Taxes +€18,608
up €18,608 (+36.0%), from €51,629 to €70,237
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
€119,178
Gross operating margin
+€56,312
Staff costs
+€114
Depreciation
-€2,489
Other operating charges
+€268
Other operating items
-€777
Financial income
-€59
Financial charges
+€2,500
Taxes
-€18,608
Result 2025
€156,440
raises the resultlowers the resultnot broken down further in the accounts
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
+€160,028
Investment
-€57,104
Financing
-€89,355
Cash 2024
€170,809
From operations (derived)
+€160,028
Net result for the year
+€156,440
Depreciation
+€76,305
Receivables within one year
-€1,851
Deferred charges and accrued income
-€3,091
Trade debts
-€5,865
Tax, wage and social debts
+€10,652
Other debts
-€82,024
Accrued charges and deferred income
+€9,462
Investment (derived)
-€57,104
Investment in fixed assets (net)
-€57,104
Financing
-€89,355
Debts after one year
-€211,169
Current portion of long-term debt
+€121,814
Cash 2025
€184,378
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,384,466 | €1,383,776 | -€690 | 0.0% |
| Fixed assets | 21/28 | €1,202,976 | €1,183,775 | -€19,201 | -1.6% |
| Intangible fixed assets | 21 | €633,103 | €591,853 | -€41,250 | -6.5% |
| Tangible fixed assets | 22/27 | €569,873 | €591,922 | +€22,049 | +3.9% |
| Land and buildings | 22 | €519,946 | €510,880 | -€9,066 | -1.7% |
| Plant, machinery and equipment | 23 | €8,743 | €7,430 | -€1,313 | -15.0% |
| Furniture and vehicles | 24 | €41,184 | €73,612 | +€32,428 | +78.7% |
| Current assets | 29/58 | €181,490 | €200,001 | +€18,511 | +10.2% |
| Amounts receivable within one year | 40/41 | €10,107 | €11,957 | +€1,851 | +18.3% |
| Trade receivables | 40 | - | €3,419 | +€3,419 | |
| Other amounts receivable | 41 | €10,107 | €8,538 | -€1,569 | -15.5% |
| Cash at bank and in hand | 54/58 | €170,809 | €184,378 | +€13,570 | +7.9% |
| Deferred charges and accrued income | 490/1 | €575 | €3,665 | +€3,091 | +538% |
| Total equity and liabilities | 10/49 | €1,384,466 | €1,383,776 | -€690 | 0.0% |
| Equity | 10/15 | €329,304 | €485,745 | +€156,440 | +47.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Contributions outside capital | 11 | €2,000 | - | -€2,000 | |
| Other | 1109/19 | €2,000 | - | -€2,000 | |
| Reserves | 13 | €327,268 | €483,618 | +€156,350 | +47.8% |
| Distributable reserves | 133 | €327,268 | €483,618 | +€156,350 | +47.8% |
| Profit (loss) carried forward | 14 | €36 | €126 | +€90 | +251% |
| Amounts payable | 17/49 | €1,055,162 | €898,031 | -€157,130 | -14.9% |
| Amounts payable after more than one year | 17 | €871,215 | €660,046 | -€211,169 | -24.2% |
| Financial debts | 170/4 | €871,215 | €660,046 | -€211,169 | -24.2% |
| Amounts payable within one year | 42/48 | €183,947 | €228,523 | +€44,577 | +24.2% |
| Current portion of amounts payable after more than one year | 42 | €9,223 | €131,037 | +€121,814 | +1,321% |
| Financial debts | 43 | €60,000 | €60,000 | = | 0.0% |
| Credit institutions | 430/8 | €60,000 | €60,000 | = | 0.0% |
| Trade debts | 44 | €12,260 | €6,395 | -€5,865 | -47.8% |
| Suppliers | 440/4 | €12,260 | €6,395 | -€5,865 | -47.8% |
| Taxes, remuneration and social security | 45 | €6,886 | €17,538 | +€10,652 | +155% |
| Taxes | 450/3 | - | €10,404 | +€10,404 | |
| Remuneration and social security | 454/9 | €6,886 | €7,134 | +€248 | +3.6% |
| Other amounts payable | 47/48 | €95,577 | €13,553 | -€82,024 | -85.8% |
| Accrued charges and deferred income | 492/3 | - | €9,462 | +€9,462 | |
| Non-recurring operating income | 76A | €6,577 | - | -€6,577 | |
| Remuneration, social security and pensions | 62 | €64,687 | €64,573 | -€114 | -0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €73,816 | €76,305 | +€2,489 | +3.4% |
| Other operating charges | 640/8 | €2,822 | €2,555 | -€268 | -9.5% |
| Non-recurring operating charges | 66A | - | €777 | +€777 | |
| Gross operating margin | 9900 | €332,887 | €389,199 | +€56,312 | +16.9% |
| Operating profit (loss) | 9901 | €191,562 | €244,990 | +€53,429 | +27.9% |
| Financial income | 75/76B | €60 | €1 | -€59 | -98.9% |
| Recurring financial income | 75 | €60 | €1 | -€59 | -98.9% |
| Financial charges | 65/66B | €20,814 | €18,314 | -€2,500 | -12.0% |
| Recurring financial charges | 65 | €20,814 | €18,314 | -€2,500 | -12.0% |
| Profit (loss) for the period before taxes | 9903 | €170,807 | €226,677 | +€55,870 | +32.7% |
| Income taxes | 67/77 | €51,629 | €70,237 | +€18,608 | +36.0% |
| Profit (loss) for the period | 9904 | €119,178 | €156,440 | +€37,262 | +31.3% |
| Profit (loss) for the period to be appropriated | 9905 | €119,178 | €156,440 | +€37,262 | +31.3% |
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 27 October 2026 via checked.be.