VERZEKERINGEN CUYVERS: 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 CUYVERS
Largest movements
- Intangible fixed assets -€121,316
down €121,316 (-31.4%), from €385,781 to €264,465
- Receivables within one year +€36,346
up €36,346 (+12.0%), from €302,434 to €338,780
of which Trade receivables: +€37,670
- Tangible fixed assets -€13,255
down €13,255 (-9.0%), from €147,886 to €134,631
of which Furniture and vehicles: -€20,328
- Debts after one year -€76,429
down €76,429 (-27.6%), from €276,667 to €200,238
- Trade debts -€16,149
down €16,149 (-23.0%), from €70,328 to €54,180
- Profit (loss) carried forward -€12,792
new in 2024: -€12,792
- Gross operating margin -€36,714
down €36,714 (-9.4%), from €392,401 to €355,687
- Taxes -€10,500
down €10,500 (-80.8%), from €13,000 to €2,500
- Financial charges +€5,937
up €5,937 (+41.1%), from €14,431 to €20,368
- Depreciation +€4,569
up €4,569 (+3.2%), from €143,320 to €147,889
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €981,680 | €893,134 | -€88,545 | -9.0% |
| Fixed assets | 21/28 | €536,347 | €401,777 | -€134,570 | -25.1% |
| Intangible fixed assets | 21 | €385,781 | €264,465 | -€121,316 | -31.4% |
| Tangible fixed assets | 22/27 | €147,886 | €134,631 | -€13,255 | -9.0% |
| Land and buildings | 22 | €14,378 | €14,378 | = | 0.0% |
| Plant, machinery and equipment | 23 | €25,093 | €32,167 | +€7,074 | +28.2% |
| Furniture and vehicles | 24 | €108,415 | €88,086 | -€20,328 | -18.8% |
| Financial fixed assets | 28 | €2,680 | €2,680 | = | 0.0% |
| Current assets | 29/58 | €445,333 | €491,357 | +€46,025 | +10.3% |
| Amounts receivable within one year | 40/41 | €302,434 | €338,780 | +€36,346 | +12.0% |
| Trade receivables | 40 | €300,169 | €337,840 | +€37,670 | +12.5% |
| Other amounts receivable | 41 | €2,265 | €941 | -€1,324 | -58.5% |
| Cash at bank and in hand | 54/58 | €142,898 | €152,477 | +€9,579 | +6.7% |
| Deferred charges and accrued income | 490/1 | - | €100 | +€100 | |
| Total equity and liabilities | 10/49 | €981,680 | €893,134 | -€88,545 | -9.0% |
| Equity | 10/15 | €412,467 | €399,676 | -€12,792 | -3.1% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €350,467 | €350,467 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €344,267 | €344,267 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€12,792 | -€12,792 | |
| Amounts payable | 17/49 | €569,212 | €493,459 | -€75,753 | -13.3% |
| Amounts payable after more than one year | 17 | €276,667 | €200,238 | -€76,429 | -27.6% |
| Financial debts | 170/4 | €276,667 | €200,238 | -€76,429 | -27.6% |
| Amounts payable within one year | 42/48 | €292,545 | €293,221 | +€675 | +0.2% |
| Financial debts | 43 | €76,429 | €76,429 | = | 0.0% |
| Other loans | 439 | €76,429 | €76,429 | = | 0.0% |
| Trade debts | 44 | €70,328 | €54,180 | -€16,149 | -23.0% |
| Suppliers | 440/4 | €70,328 | €54,180 | -€16,149 | -23.0% |
| Taxes, remuneration and social security | 45 | €22,121 | €30,202 | +€8,081 | +36.5% |
| Taxes | 450/3 | €16,870 | €19,302 | +€2,432 | +14.4% |
| Remuneration and social security | 454/9 | €5,251 | €10,900 | +€5,649 | +108% |
| Other amounts payable | 47/48 | €123,668 | €132,411 | +€8,743 | +7.1% |
| Remuneration, social security and pensions | 62 | €187,361 | €189,594 | +€2,232 | +1.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €143,320 | €147,889 | +€4,569 | +3.2% |
| Other operating charges | 640/8 | €1,190 | €1,108 | -€82 | -6.9% |
| Non-recurring operating charges | 66A | €6,799 | €8,307 | +€1,508 | +22.2% |
| Gross operating margin | 9900 | €392,401 | €355,687 | -€36,714 | -9.4% |
| Operating profit (loss) | 9901 | €53,731 | €8,789 | -€44,942 | -83.6% |
| Financial income | 75/76B | - | €1,287 | +€1,287 | |
| Recurring financial income | 75 | - | €1,287 | +€1,287 | |
| Financial charges | 65/66B | €14,431 | €20,368 | +€5,937 | +41.1% |
| Recurring financial charges | 65 | €14,431 | €20,368 | +€5,937 | +41.1% |
| Profit (loss) for the period before taxes | 9903 | €39,300 | -€10,292 | -€49,592 | |
| Income taxes | 67/77 | €13,000 | €2,500 | -€10,500 | -80.8% |
| Profit (loss) for the period | 9904 | €26,300 | -€12,792 | -€39,092 | |
| Profit (loss) for the period to be appropriated | 9905 | €26,300 | -€12,792 | -€39,092 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.