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ASSURANCE CREDIT SERVICES

Active
Private limited companyfounded 2003active for 23 yearsBoulevard Joseph Tirou 151, 6000 Charleroi, BelgiumKBO/BCE: BE 0479.310.751

From the official registers: KBO 22 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

ASSURANCE CREDIT SERVICES has been active since 2003 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €494,947 and a net result of €37,299. Equity is growing by about 2.7% per year across the filed financial years. The computed 12-month bankruptcy probability is 1.2% (low).

Overview

Official details

KBO
Status
Active since 15-01-2003 Normal situation
Legal form
Private limited company
Registered office
Boulevard Joseph Tirou 151, 6000 Charleroi
Activity
No activity registered in the KBO
Establishment unit
2.115.239.210 6000 Charleroi, since 28-01-2003
Financial year end
31 December
Peppol
Reachable since 21-10-2026

How it is doing

55 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
1.2%
Annual accounts 2024
Gross margin
€138,575
▲ 20.8%
Turnover
≈ €350,000
estimated
Profit
€37,299
▲ 138%
Equity
€494,947
▼ 2.3%
Total assets
€1.1m
▼ 7.3%
2025 accounts not filed, 93 days past the deadline
Filed on 21-11-2025PDF
Why 55raises riskCapped at 59: a confirmed filing findingFigures for financial year 2024 (filed 22-11-2025)1 financial year not filed after the legal deadline; last filed accounts filed 113 days late; 3 of the last 3 lateLiquidity: current ratio 0.70, cash €14,183lowers riskSize: total assets €1.1mShow the evidence

Checked score

Score 2024
55 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 40% of its sector peers (no NACE code, micro)
A confirmed filing finding caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2023
Strong
Solvency 69+2
equity 43.8% of total assets
Liquidity 46+1
short-term debt 19.5% · cash 1.3%
Profitability 73+3
return on assets 3.3%
Bankruptcy probability, 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2024: 1.2% 12-2024: 0.4%▼ -0.8 percentage points vs 11-2024lowest value 01-2025: 0.4%● unchanged vs 12-2024 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.4%● unchanged vs 02-2025 04-2025: 0.4%● unchanged vs 03-2025 05-2025: 0.4%● unchanged vs 04-2025 06-2025: 0.4%● unchanged vs 05-2025 07-2025: 0.5%▲ +0.1 percentage points vs 06-2025 08-2025: 0.7%▲ +0.2 percentage points vs 07-2025 09-2025: 0.8%▲ +0.1 percentage points vs 08-2025 10-2025: 1.2%▲ +0.4 percentage points vs 09-2025 11-2025: 1.2%● unchanged vs 10-2025 12-2025: 0.4%▼ -0.8 percentage points vs 11-2025 01-2026: 0.4%● unchanged vs 12-2025 02-2026: 0.4%● unchanged vs 01-2026 03-2026: 0.5%▲ +0.1 percentage points vs 02-2026 04-2026: 0.4%▼ -0.1 percentage points vs 03-2026 05-2026: 0.4%● unchanged vs 04-2026 06-2026: 0.4%● unchanged vs 05-2026 07-2026: 0.4%● unchanged vs 06-2026 08-2026: 0.8%▲ +0.4 percentage points vs 07-2026 09-2026: 0.8%● unchanged vs 08-2026 10-2026: 1.2%▲ +0.4 percentage points vs 09-2026highest value
Credit of up to €25,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity insufficient (current ratio 0.7, compared with 0.83 in 2023, below 1; short-term debt: 19.5% and cash: 1.3% of total assets), and 56.2% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (no NACE code, micro): better than 41% on solvency, 28% on liquidity, 54% on profitability and 37% on growth.

The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises risk
lowers risk · Size: total assets €1.1m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Figures for financial year 2024 (filed 22-11-2025)
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 113 days late; 3 of the last 3 late
NBB · filings
raises risk · Liquidity: current ratio 0.70, cash €14,183
NBB · annual accounts
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 93 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline01-11-2026 today
raises risk · 2024 accounts filed 113 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 21-11-2025, 113 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
113 days late
2023
106 days late
2022
91 days late
2021
89 days late
2020
89 days late
2019
143 days late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 6 accounts on average 105 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage

Key points

  • Positive: 7 profitable years in a rowprofit 2024: €37,299 7 years View

Documents

Annual accounts at the NBB

All 22 annual accounts

Articles and registers

Key facts about ASSURANCE CREDIT SERVICES

What is the company number of ASSURANCE CREDIT SERVICES?
0479.310.751. In Belgium the VAT number is the company number with BE in front: BE 0479.310.751.
Where is ASSURANCE CREDIT SERVICES based?
The registered office is at Boulevard Joseph Tirou 151, 6000 Charleroi.Company details
What is the legal form of ASSURANCE CREDIT SERVICES?
Private limited company (BV).
When was ASSURANCE CREDIT SERVICES founded?
On 15-01-2003.
Is ASSURANCE CREDIT SERVICES still active?
Yes, ASSURANCE CREDIT SERVICES is an active enterprise in the KBO register.
How many employees does ASSURANCE CREDIT SERVICES have?
On average 1.4 full-time equivalents in financial year 2021, according to the filed annual accounts.Financials
What is the turnover of ASSURANCE CREDIT SERVICES?
≈ €350,000 in financial year 2024. Estimated from the gross margin of €138,575: probably between €230,000 and €540,000, based on 2,210 comparable companies of the same size. A rough estimate.
Is ASSURANCE CREDIT SERVICES profitable?
In financial year 2024, ASSURANCE CREDIT SERVICES made a profit of €37,299.
Where can I find the annual accounts of ASSURANCE CREDIT SERVICES?
ASSURANCE CREDIT SERVICES filed 22 annual accounts with the National Bank of Belgium, the latest for financial year 2024.Annual accounts 2024 (PDF)

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