ASSURANCES BOURGOIS
ActiveSummary
ASSURANCES BOURGOIS has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €51,219 and a net result of €14,011. Equity is growing by ~28.3% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability77▲+2
Solvency50▼-24
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,000 at 30 days acceptable
Liquidity short (current ratio 0.44 against 0.93 in 2024; short-term debt: 62.4% and cash: 3.3% of total assets), and 74.8% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
25.2%
Return on assets
6.9%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-08-2026, 25 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
25 d late
2024
6 d late
2023
8 d late
2022
27 d early
2021
4 d early
2020
23 d late
2019
70 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 14 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 6 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€51,219▼ 45.4%
2024 · €93,852
Total assets
€202,921▲ 6.8%
2024 · €189,956
Net result
€14,011▲ 43.0%
2024 · €9,800
Working capital
-€70,566▼ 1,612%
2024 · -€4,121
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€72,019▲ 873%€13,637▼ 81.1%€31,157▲ 128%€15,215▼ 51.2%€20,603▲ 35.4%
Net result€47,724▲ 780%€8,919▼ 81.3%€20,592▲ 131%€9,800▼ 52.4%€14,011▲ 43.0%
Equity€54,540▲ 700%€63,460▲ 16.4%€84,052▲ 32.4%€93,852▲ 11.7%€51,219▼ 45.4%
Total assets€276,746▲ 2,203%€279,346▲ 0.9%€245,113▼ 12.3%€189,956▼ 22.5%€202,921▲ 6.8%
Debt€222,205▲ 4,173%€215,886▼ 2.8%€161,061▼ 25.4%€96,104▼ 40.3%€151,702▲ 57.9%
Working capital-€434-€5,847▼ 1,248%€412-€4,121-€70,566▼ 1,612%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 35% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €202,921
Fixed assets
€146,855 ▲ 9.6%
Current assets
€56,066 ▲ 0.1%
Equity and liabilities €202,921
Equity
€51,219 ▼ 45.4%
Debt
€151,702 ▲ 57.9%
Debt's share of the balance-sheet total rises from 50.6% to 74.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€58,621▲
2024 · €48,882
Cash flow
€52,029▲
2024 · €43,467
Current ratio
0.44▼
2024 · 0.93
Debt to equity
2.96▲
2024 · 1.02
ROE
27.4%▲
2024 · 10.4%
ROA
6.9%▲
2024 · 5.2%
Interest coverage
72.53▲
2024 · 61.24
Debt ≤ 1 year
€126,632▲
2024 · €60,104
Debt > 1 year
€25,069▼
2024 · €36,000
Income taxes
€5,783▲
2024 · €4,617
Staff costs
€45▼
2024 · €96
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,818 companies that looked in July 2024 the way this one looks now, 1.0% went bankrupt within 24 months and 95% are still going.
- Micro
- 20 years or older
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
1.0%
went bankrupt
3.7%
stopped otherwise
95%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.8% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 3,818 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €10,637 | €0 | - | €96 | €45 | ▼ 53.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €793 | €33,667 | €33,667 | €33,667 | €38,018 | ▲ 12.9% |
| Other operating charges640/8 | €2,593 | €1,720 | €1,788 | €2,742 | €2,280 | ▼ 16.8% |
| Gross operating margin9900 | €86,042 | €49,024 | €66,613 | €51,721 | €60,946 | ▲ 17.8% |
| Operating profit (loss)9901 | €72,019 | €13,637 | €31,157 | €15,215 | €20,603 | ▲ 35.4% |
| Financial income75/76B | - | €15 | €0 | - | - | - |
| Recurring financial income75 | - | €15 | €0 | - | - | - |
| Financial charges65/66B | €131 | €303 | €162 | €798 | €808 | ▲ 1.3% |
| Recurring financial charges65 | €131 | €303 | €162 | €798 | €808 | ▲ 1.3% |
| Profit (loss) for the period before taxes9903 | €71,888 | €13,349 | €30,995 | €14,417 | €19,794 | ▲ 37.3% |
| Income taxes67/77 | €24,164 | €4,430 | €10,403 | €4,617 | €5,783 | ▲ 25.3% |
| Profit (loss) for the period9904 | €47,724 | €8,919 | €20,592 | €9,800 | €14,011 | ▲ 43.0% |
| Profit (loss) for the period to be appropriated9905 | €47,724 | €8,919 | €20,592 | €9,800 | €14,011 | ▲ 43.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €276,746 | €279,346 | €245,113 | €189,956 | €202,921 | ▲ 6.8% |
| Fixed assets21/28 | €234,974 | €201,307 | €167,640 | €133,973 | €146,855 | ▲ 9.6% |
| Intangible fixed assets21 | €234,632 | €201,050 | €167,469 | €133,887 | €100,306 | ▼ 25.1% |
| Tangible fixed assets22/27 | €342 | €257 | €171 | €86 | €46,549 | ▲ 54,337% |
| Plant, machinery and equipment23 | €342 | €257 | €171 | €86 | €0 | ▼ 100% |
| Leasing and similar rights25 | - | - | - | - | €46,549 | - |
| Current assets29/58 | €41,772 | €78,039 | €77,473 | €55,983 | €56,066 | ▲ 0.1% |
| Amounts receivable within one year40/41 | €35,098 | €77,578 | €76,902 | €52,559 | €47,837 | ▼ 9.0% |
| Trade receivables40 | €34,699 | €0 | €1,660 | €87 | €0 | ▼ 100% |
| Other amounts receivable41 | €398 | €77,578 | €75,242 | €52,472 | €47,837 | ▼ 8.8% |
| Cash at bank and in hand54/58 | €6,674 | €461 | €570 | €3,023 | €6,691 | ▲ 121% |
| Deferred charges and accrued income490/1 | - | - | - | €401 | €1,537 | ▲ 284% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €276,746 | €279,346 | €245,113 | €189,956 | €202,921 | ▲ 6.8% |
| Equity10/15 | €54,540 | €63,460 | €84,052 | €93,852 | €51,219 | ▼ 45.4% |
| Contributions10/11 | €6,197 | €6,197 | €6,197 | €6,197 | €6,197 | = |
| Outside capital11 | €6,197 | - | - | - | - | - |
| Other1109/19 | €6,197 | - | - | - | - | - |
| Reserves13 | €48,915 | €57,834 | €77,855 | €87,654 | €45,022 | ▼ 48.6% |
| Non-distributable reserves130/1 | €1,018 | €1,018 | €1,018 | €1,018 | €1,018 | = |
| Reserves not available under the articles1311 | €1,018 | €1,018 | €1,018 | €1,018 | €1,018 | = |
| Distributable reserves133 | €47,896 | €56,816 | €76,836 | €86,636 | €44,003 | ▼ 49.2% |
| Profit (loss) carried forward14 | -€572 | -€572 | €0 | - | €0 | - |
| Amounts payable17/49 | €222,205 | €215,886 | €161,061 | €96,104 | €151,702 | ▲ 57.9% |
| Amounts payable after more than one year17 | €180,000 | €132,000 | €84,000 | €36,000 | €25,069 | ▼ 30.4% |
| Financial debts170/4 | €180,000 | €132,000 | €84,000 | €36,000 | €25,069 | ▼ 30.4% |
| Amounts payable within one year42/48 | €42,205 | €83,886 | €77,061 | €60,104 | €126,632 | ▲ 111% |
| Current portion of amounts payable after more than one year42 | €14,103 | €59,722 | €60,000 | €48,000 | €57,581 | ▲ 20.0% |
| Trade debts44 | €1,853 | €0 | €561 | €499 | €7,019 | ▲ 1,307% |
| Suppliers440/4 | €1,853 | €0 | €561 | €499 | €7,019 | ▲ 1,307% |
| Taxes, remuneration and social security45 | €26,250 | €24,164 | €4,500 | €4,605 | €9,071 | ▲ 97.0% |
| Taxes450/3 | €26,250 | €24,164 | €0 | €4,605 | €9,071 | ▲ 97.0% |
| Remuneration and social security454/9 | - | - | €4,500 | €0 | - | - |
| Other amounts payable47/48 | - | - | €12,000 | €7,000 | €52,962 | ▲ 657% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €47,724 | €8,919 | €20,592 | €9,800 | €14,011 | ▲ 43.0% |
| + Depreciation and write-downs630 | €793 | €33,667 | €33,667 | €33,667 | €38,018 | ▲ 12.9% |
| Operating cash flow (approximation) | €48,517 | €42,586 | €54,259 | €43,467 | €52,029 | ▲ 19.7% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | -€50,900 | - |
| Change in cash | - | -€6,213 | €110 | €2,452 | €3,669 | ▲ 49.6% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
25-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 25 days late
2025
06-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 6 days late
2024
08-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 8 days late
2023
04-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
27-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €47,724 ▲780%
Operating result €72,019, net result €47,724, both a record.
23-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 23 days late
2020
31-12
Financial
Liquidity doublescurrent ratio 2.16
Current ratio from 1.02 to 2.16; short-term debt falls from €5,286 to €5,201.
09-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 70 days late
2019
31-12
Financial
Liquidity times 212current ratio 1.02
Current ratio from 0.00 to 1.02.
28-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 59 days late
2018
22-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 83 days late
2016
10-11
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 102 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Mouscron · 1 establishment unit since 1992
Ground area
135 m²
Building footprint
43 m²
Volume, LiDAR
425 m³
Parcel 54433E0665/00A005, Wallonia · tallest building 10.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Brusselstraat 71, 7700 Mouscron
since 19922.056.728.315
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 54433E0665/00A005 | Wallonia | 135 m² | 1 · 43 m² | 10.2 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Identification & contact
Identification
Legal formPrivate limited company
Founded13-03-1992
Fiscal year end31-12
Contact
E-mail
info@assurancesbourgois.be
E-invoicing
Reachable via Peppol
Peppol ID
0208:0446789027
Registered
26-11-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.