Wase Verzekeringen: what changed
Wase Verzekeringen
Largest movements
- Deferred charges and accrued income +€16,697
up €16,697 (+28.8%), from €57,906 to €74,602
- Receivables within one year +€12,247
up €12,247 (+148%), from €8,275 to €20,522
- Tangible fixed assets -€3,578
down €3,578 (-14.1%), from €25,316 to €21,738
of which Furniture and vehicles: -€7,742
- Intangible fixed assets +€3,177
new in 2025: €3,177
- Cash -€2,194
down €2,194 (-13.0%), from €16,901 to €14,707
mainly Contributions, distributions and other (-€44,255) and Current portion of long-term debt (-€20,589)
- Profit (loss) carried forward +€24,767
up €24,767 (+92.1%), from €26,885 to €51,652
- Current portion of long-term debt -€20,589
no longer reported in 2025 (was €20,589)
- Other debts +€13,088
up €13,088 (+41.9%), from €31,200 to €44,288
- Trade debts +€10,777
up €10,777 (+210%), from €5,130 to €15,908
- Tax, wage and social debts -€1,695
down €1,695 (-17.6%), from €9,649 to €7,954
of which Taxes: -€7,116
- Gross operating margin +€74,920
up €74,920 (+103%), from €72,537 to €147,457
- Staff costs +€47,245
up €47,245 (+900%), from €5,252 to €52,496
- Depreciation +€8,015
up €8,015 (+918%), from €873 to €8,889
- Taxes +€2,778
up €2,778 (+30.8%), from €9,016 to €11,794
- Other operating charges +€1,902
up €1,902 (+244%), from €780 to €2,682
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €113,453 | €139,801 | +€26,348 | +23.2% |
| Fixed assets | 21/28 | €30,371 | €29,970 | -€402 | -1.3% |
| Intangible fixed assets | 21 | - | €3,177 | +€3,177 | |
| Tangible fixed assets | 22/27 | €25,316 | €21,738 | -€3,578 | -14.1% |
| Plant, machinery and equipment | 23 | €2,169 | €6,332 | +€4,163 | +192% |
| Furniture and vehicles | 24 | €23,148 | €15,406 | -€7,742 | -33.4% |
| Financial fixed assets | 28 | €5,055 | €5,055 | = | 0.0% |
| Current assets | 29/58 | €83,082 | €109,832 | +€26,750 | +32.2% |
| Amounts receivable within one year | 40/41 | €8,275 | €20,522 | +€12,247 | +148% |
| Other amounts receivable | 41 | €8,275 | €20,522 | +€12,247 | +148% |
| Cash at bank and in hand | 54/58 | €16,901 | €14,707 | -€2,194 | -13.0% |
| Deferred charges and accrued income | 490/1 | €57,906 | €74,602 | +€16,697 | +28.8% |
| Total equity and liabilities | 10/49 | €113,453 | €139,801 | +€26,348 | +23.2% |
| Equity | 10/15 | €46,885 | €71,652 | +€24,767 | +52.8% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €26,885 | €51,652 | +€24,767 | +92.1% |
| Amounts payable | 17/49 | €66,568 | €68,150 | +€1,581 | +2.4% |
| Amounts payable within one year | 42/48 | €66,568 | €68,150 | +€1,581 | +2.4% |
| Current portion of amounts payable after more than one year | 42 | €20,589 | - | -€20,589 | |
| Trade debts | 44 | €5,130 | €15,908 | +€10,777 | +210% |
| Suppliers | 440/4 | €5,130 | €15,908 | +€10,777 | +210% |
| Taxes, remuneration and social security | 45 | €9,649 | €7,954 | -€1,695 | -17.6% |
| Taxes | 450/3 | €9,000 | €1,884 | -€7,116 | -79.1% |
| Remuneration and social security | 454/9 | €649 | €6,070 | +€5,421 | +836% |
| Other amounts payable | 47/48 | €31,200 | €44,288 | +€13,088 | +41.9% |
| Remuneration, social security and pensions | 62 | €5,252 | €52,496 | +€47,245 | +900% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €873 | €8,889 | +€8,015 | +918% |
| Other operating charges | 640/8 | €780 | €2,682 | +€1,902 | +244% |
| Gross operating margin | 9900 | €72,537 | €147,457 | +€74,920 | +103% |
| Operating profit (loss) | 9901 | €65,632 | €83,390 | +€17,758 | +27.1% |
| Financial income | 75/76B | €0 | €67 | +€67 | +670,900% |
| Recurring financial income | 75 | €0 | €67 | +€67 | +670,900% |
| Financial charges | 65/66B | €806 | €2,641 | +€1,835 | +228% |
| Recurring financial charges | 65 | €806 | €2,641 | +€1,835 | +228% |
| Profit (loss) for the period before taxes | 9903 | €64,826 | €80,816 | +€15,990 | +24.7% |
| Income taxes | 67/77 | €9,016 | €11,794 | +€2,778 | +30.8% |
| Profit (loss) for the period | 9904 | €55,810 | €69,022 | +€13,212 | +23.7% |
| Profit (loss) for the period to be appropriated | 9905 | €55,810 | €69,022 | +€13,212 | +23.7% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.