Verzekeringen CMS: 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.
Verzekeringen CMS
Largest movements
- Current investments +€15,840
up €15,840 (+71.8%), from €22,054 to €37,894
- Cash +€11,785
up €11,785 (+95.6%), from €12,330 to €24,116
mainly Depreciation (+€20,154) and Deferred charges and accrued income (+€4,610)
- Intangible fixed assets -€10,577
down €10,577 (-14.8%), from €71,483 to €60,906
- Tangible fixed assets -€9,577
down €9,577 (-26.7%), from €35,915 to €26,338
of which Furniture and vehicles: -€9,577
- Deferred charges and accrued income -€4,610
down €4,610 (-41.5%), from €11,118 to €6,507
- Accrued charges and deferred income +€3,149
up €3,149, from €0 to €3,149
- Reserves +€3,120
up €3,120 (+9.3%), from €33,573 to €36,692
- Tax, wage and social debts -€2,097
down €2,097 (-50.9%), from €4,122 to €2,025
of which Taxes: -€2,097
- Gross operating margin -€5,017
down €5,017 (-15.0%), from €33,458 to €28,441
- Financial charges +€2,920
up €2,920 (+285%), from €1,026 to €3,946
- Taxes -€1,310
down €1,310 (-48.8%), from €2,682 to €1,373
- Financial income +€751
up €751 (+457%), from €164 to €915
- Depreciation -€548
down €548 (-2.6%), from €20,703 to €20,154
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 | €158,076 | €161,833 | +€3,757 | +2.4% |
| Fixed assets | 21/28 | €107,398 | €87,243 | -€20,154 | -18.8% |
| Intangible fixed assets | 21 | €71,483 | €60,906 | -€10,577 | -14.8% |
| Tangible fixed assets | 22/27 | €35,915 | €26,338 | -€9,577 | -26.7% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €35,915 | €26,338 | -€9,577 | -26.7% |
| Current assets | 29/58 | €50,678 | €74,590 | +€23,912 | +47.2% |
| Amounts receivable within one year | 40/41 | €5,176 | €6,073 | +€897 | +17.3% |
| Other amounts receivable | 41 | €5,176 | €6,073 | +€897 | +17.3% |
| Current investments | 50/53 | €22,054 | €37,894 | +€15,840 | +71.8% |
| Cash at bank and in hand | 54/58 | €12,330 | €24,116 | +€11,785 | +95.6% |
| Deferred charges and accrued income | 490/1 | €11,118 | €6,507 | -€4,610 | -41.5% |
| Total equity and liabilities | 10/49 | €158,076 | €161,833 | +€3,757 | +2.4% |
| Equity | 10/15 | €38,573 | €41,692 | +€3,120 | +8.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €33,573 | €36,692 | +€3,120 | +9.3% |
| Distributable reserves | 133 | €33,573 | €36,692 | +€3,120 | +9.3% |
| Amounts payable | 17/49 | €119,503 | €120,141 | +€638 | +0.5% |
| Amounts payable after more than one year | 17 | €75,000 | €75,000 | = | 0.0% |
| Financial debts | 170/4 | €75,000 | €75,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €44,503 | €41,992 | -€2,511 | -5.6% |
| Trade debts | 44 | €804 | €368 | -€436 | -54.3% |
| Suppliers | 440/4 | €804 | €368 | -€436 | -54.3% |
| Taxes, remuneration and social security | 45 | €4,122 | €2,025 | -€2,097 | -50.9% |
| Taxes | 450/3 | €4,122 | €2,025 | -€2,097 | -50.9% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €39,577 | €39,599 | +€22 | +0.1% |
| Accrued charges and deferred income | 492/3 | €0 | €3,149 | +€3,149 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,703 | €20,154 | -€548 | -2.6% |
| Other operating charges | 640/8 | €807 | €763 | -€44 | -5.5% |
| Gross operating margin | 9900 | €33,458 | €28,441 | -€5,017 | -15.0% |
| Operating profit (loss) | 9901 | €11,948 | €7,523 | -€4,425 | -37.0% |
| Financial income | 75/76B | €164 | €915 | +€751 | +457% |
| Recurring financial income | 75 | €164 | €915 | +€751 | +457% |
| Financial charges | 65/66B | €1,026 | €3,946 | +€2,920 | +285% |
| Recurring financial charges | 65 | €1,026 | €3,946 | +€2,920 | +285% |
| Profit (loss) for the period before taxes | 9903 | €11,086 | €4,492 | -€6,594 | -59.5% |
| Income taxes | 67/77 | €2,682 | €1,373 | -€1,310 | -48.8% |
| Profit (loss) for the period | 9904 | €8,404 | €3,120 | -€5,284 | -62.9% |
| Profit (loss) for the period to be appropriated | 9905 | €8,404 | €3,120 | -€5,284 | -62.9% |
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 19 October 2026 via checked.be.