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ASSURCO

Active
Private limited company (pre-2019)founded 1990active for 36 yearsSchönefelderweg 93, 4700 Eupen, BelgiumKBO/BCE: BE 0442.173.213
Summary

ASSURCO is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. For ASSURCO, one filing cycle of the annual accounts is missing. The 2024 annual accounts show equity of €452,794 and a net result of €21,145. Equity remains stable across the filed financial years (±1% per year). Its solvency ranks better than 56% of 774 sector peers (NACE 66, financial year 2024). The company has been active since 1990 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2024, full format

2025 annual accounts not yet filed, deadline passed on 31 July 2026 Financial year closed on 31 December 2025; filing due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 30 October 2026.

Equity
€452,794▲ 4.9%
2023 · €431,650
Net result
€21,145▲ 13.8%
2023 · €18,581
Total assets
€1.0m▼ 4.3%
2023 · €1.1m
Solvency
44.5%▲ 3.9pp
2023 · 40.6%
Trend over the years

2020 to 2024, 5 financial years 2018 to 2024, 7 financial years

The operating result falls in 2024; 2024 is 17% below 2023.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€0.03m 2024 Net result€0.02m 2024

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 66, Activities auxiliary to financial services and insurance activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line2018201920202021202220232024
Operating result-€0.09m--€0.02m▲ 77.4%€0.07m€0.02m▼ 68.0%€0.04m▲ 85.5%€0.04m▲ 4.6%€0.03m▼ 17.4%
Net result-€0.09m--€0.03m▲ 67.7%-€0.09mbelow the sector's middle half▼ 206%-€0.002mbelow the sector's middle half▲ 97.3%€0.03mwithin the sector's middle half€0.02mwithin the sector's middle half▼ 45.5%€0.02mwithin the sector's middle half▲ 13.8%
Equity€0.5m-€0.5m▼ 6.0%€0.4mwithin the sector's middle half▼ 19.6%€0.4mwithin the sector's middle half▼ 0.6%€0.4mwithin the sector's middle half▲ 9.0%€0.4mwithin the sector's middle half▲ 4.5%€0.5mwithin the sector's middle half▲ 4.9%
Total assets€0.7m-€0.7m▼ 0.9%€1.2mwithin the sector's middle half▲ 72.5%€1.1mwithin the sector's middle half▼ 6.8%€1.1mwithin the sector's middle half▼ 0.1%€1.1mwithin the sector's middle half▼ 2.3%€1.0mwithin the sector's middle half▼ 4.3%
Debt€0.007m-€0.03m▲ 356%€0.8m▲ 24×€0.7m▼ 9.9%€0.7m▼ 5.0%€0.6m▼ 6.5%€0.6m▼ 10.8%
Working capital€0.4m-€0.4m▼ 4.6%€0.007mwithin the sector's middle half▼ 98.3%-€0.02mwithin the sector's middle half-€0.04mbelow the sector's middle half▼ 50.3%-€0.06mbelow the sector's middle half▼ 76.9%-€0.09mbelow the sector's middle half▼ 39.6%
Solvency73.8%-70.0%▼ 3.8pp32.6%within the sector's middle half▼ 37.4pp34.8%within the sector's middle half▲ 2.2pp37.9%within the sector's middle half▲ 3.2pp40.6%within the sector's middle half▲ 2.6pp44.5%within the sector's middle half▲ 3.9pp
Current ratio59.91-13.32▼ 46.591.01within the sector's middle half▼ 12.310.95within the sector's middle half▼ 0.070.93within the sector's middle half▼ 0.020.87within the sector's middle half▼ 0.050.82below the sector's middle half▼ 0.05
Return on assets (ROA)-13.8%--4.5%▲ 9.3pp-8.0%below the sector's middle half▼ 3.5pp-0.2%below the sector's middle half▲ 7.7pp3.1%within the sector's middle half▲ 3.4pp1.7%within the sector's middle half▼ 1.4pp2.1%within the sector's middle half▲ 0.3pp
Staff (FTE)0-0below the sector's middle half0below the sector's middle half
above within below the middle half of NACE 66, Activities auxiliary to financial services and insurance activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.0m
Fixed assets €624,047 ▼ 1.9%
Current assets €393,948 ▼ 7.9%
Equity and liabilities €1.0m
Equity €452,794 ▲ 4.9%
Provisions €8,714 =
Debt €556,487 ▼ 10.8%
Debt's share of the balance-sheet total falls from 58.6% to 54.7%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
ROE
4.7%▲
2023 · 4.3%
Debt ≤ 1 year
€480,599▼
2023 · €489,702
Debt > 1 year
€75,016▼
2023 · €133,877
Income taxes
€7,926▼
2023 · €19,284
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 47 lines
Balance sheet Code20232024
Assets
Total assets20/58€1.1m€1.0m▼
Fixed assets21/28€0.6m€0.6m▼
Tangible fixed assets22/27€0.2m€0.2m▼
Land and buildings22€0.08m€0.07m▼
Furniture and vehicles24€0€0=
Other tangible fixed assets26€0.1m€0.1m▼
Assets under construction and advance payments27€0.002m€0.002m=
Financial fixed assets28€0.4m€0.4m=
Current assets29/58€0.4m€0.4m▼
Amounts receivable within one year40/41€0.4m€0.4m▼
Trade receivables40€0.03m€0.03m▲
Other amounts receivable41€0.4m€0.4m▼
Cash at bank and in hand54/58€14€0.001m▲
Equity and liabilities
Total equity and liabilities10/49€1.1m€1.0m▼
Equity10/15€0.4m€0.5m▲
Contributions10/11€0.02m€0.02m=
Reserves13€0.02m€0.02m=
Non-distributable reserves130/1€0.002m€0.002m=
Reserves not available under the articles1311€0.002m€0.002m=
Tax-exempt reserves132€0.02m€0.02m=
Profit (loss) carried forward14€0.4m€0.4m▲
Provisions and deferred taxes16€0.009m€0.009m=
Deferred taxes168€0.009m€0.009m=
Amounts payable17/49€0.6m€0.6m▼
Amounts payable after more than one year17€0.1m€0.08m▼
Financial debts170/4€0.1m€0.08m▼
Amounts payable within one year42/48€0.5m€0.5m▼
Current portion of amounts payable after more than one year42€0.06m€0.06m▲
Trade debts44€0.02m€0.02m▼
Suppliers440/4€0.02m€0.02m▼
Taxes, remuneration and social security45€0.1m€0.1m▼
Taxes450/3€0.1m€0.1m▼
Remuneration and social security454/9€0-
Other amounts payable47/48€0.3m€0.3m▼
Accrued charges and deferred income492/3-€0.001m
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.01m€0.01m=
Other operating charges640/8€0.002m€0.004m▲
Gross operating margin9900€0.06m€0.05m▼
Operating profit (loss)9901€0.04m€0.03m▼
Financial charges65/66B€0.003m€0.005m▲
Recurring financial charges65€0.003m€0.005m▲
Profit (loss) for the period before taxes9903€0.04m€0.03m▼
Income taxes67/77€0.02m€0.008m▼
Profit (loss) for the period9904€0.02m€0.02m▲
Profit (loss) for the period to be appropriated9905€0.02m€0.02m▲
Appropriation of the result
Profit (loss) to be appropriated9906€0.4m€0.4m▲
Profit (loss) brought forward from the previous period14P€0.4m€0.4m▲

The notes to these accounts (17 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2018201920202021202220232024Change
Remuneration, social security and pensions62--€30,130-----
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€31,052€12,302€11,860€12,152€12,190€12,280€12,280=
Other operating charges640/8--€14,618€627€2,107€2,260€4,423▲ 95.7%
Non-recurring operating charges66A----€91---
Gross operating margin9900-€58,597-€7,476€122,361€33,840€53,453€55,421€50,483▼ 8.9%
Operating profit (loss)9901-€93,126-€21,048€65,753€21,061€39,066€40,880€33,779▼ 17.4%
Financial income75/76B--€430€4----
Recurring financial income75€0€1€430€4----
Financial charges65/66B--€5,623€23,538€4,807€3,015€4,709▲ 56.2%
Recurring financial charges65€2,024€155€5,623€5,938€4,807€3,015€4,709▲ 56.2%
Non-recurring financial charges66B---€17,600----
Profit (loss) for the period before taxes9903-€95,150-€21,202€60,561-€2,474€34,258€37,866€29,071▼ 23.2%
Transfer from deferred taxes780--€164,575-----
Transfer to deferred taxes680--€2,173-----
Income taxes67/77€0€10,272€315,930€0€136€19,284€7,926▼ 58.9%
Profit (loss) for the period9904-€94,064-€30,387-€92,967-€2,474€34,123€18,581€21,145▲ 13.8%
Transfer from tax-exempt reserves789--€493,725-----
Transfer to tax-exempt reserves689--€6,518-----
Profit (loss) for the period to be appropriated9905-€90,805-€27,128€394,240-€2,474€34,123€18,581€21,145▲ 13.8%
Line2018201920202021202220232024Change
Assets
Total assets20/58€0.7m€0.7m€1.2m€1.1m€1.1m€1.1m€1.0m▼ 4.3%
Fixed assets21/28€0.3m€0.2m€0.7m€0.7m€0.6m€0.6m€0.6m▼ 1.9%
Tangible fixed assets22/27€0.3m€0.2m€0.2m€0.2m€0.2m€0.2m€0.2m▼ 6.0%
Land and buildings22--€0.1m€0.09m€0.09m€0.08m€0.07m▼ 9.5%
Furniture and vehicles24--€0€0€0€0€0-
Other tangible fixed assets26--€0.1m€0.1m€0.1m€0.1m€0.1m▼ 3.8%
Assets under construction and advance payments27---€0.002m€0.002m€0.002m€0.002m=
Financial fixed assets28--€0.4m€0.4m€0.4m€0.4m€0.4m=
Current assets29/58€0.4m€0.4m€0.5m€0.4m€0.4m€0.4m€0.4m▼ 7.9%
Amounts receivable within one year40/41€0.4m€0.4m€0.5m€0.4m€0.4m€0.4m€0.4m▼ 8.2%
Trade receivables40--€0.02m€0.03m€0.03m€0.03m€0.03m▲ 6.1%
Other amounts receivable41--€0.5m€0.4m€0.4m€0.4m€0.4m▼ 9.2%
Cash at bank and in hand54/58€0.001m€0.001m€0.004m€0.001m€44€14€0.001m▲ 86×
Deferred charges and accrued income490/1--€0.001m€0----
Equity and liabilities
Total equity and liabilities10/49€0.7m€0.7m€1.2m€1.1m€1.1m€1.1m€1.0m▼ 4.3%
Equity10/15€0.5m€0.5m€0.4m€0.4m€0.4m€0.4m€0.5m▲ 4.9%
Contributions10/11€0.02m€0.02m€0.02m€0.02m€0.02m€0.02m€0.02m=
Reserves13€0.5m€0.5m€0.02m€0.02m€0.02m€0.02m€0.02m=
Non-distributable reserves130/1--€0.002m€0.002m€0.002m€0.002m€0.002m=
Reserves not available under the articles1311--€0.002m€0.002m€0.002m€0.002m€0.002m=
Tax-exempt reserves132--€0.02m€0.02m€0.02m€0.02m€0.02m=
Profit (loss) carried forward14-€0.02m-€0.05m€0.3m€0.3m€0.4m€0.4m€0.4m▲ 5.4%
Provisions and deferred taxes16€0.2m€0.2m€0.009m€0.009m€0.009m€0.009m€0.009m=
Deferred taxes168--€0.009m€0.009m€0.009m€0.009m€0.009m=
Amounts payable17/49€0.007m€0.03m€0.8m€0.7m€0.7m€0.6m€0.6m▼ 10.8%
Amounts payable after more than one year17--€0.3m€0.2m€0.2m€0.1m€0.08m▼ 44.0%
Financial debts170/4--€0.3m€0.2m€0.2m€0.1m€0.08m▼ 44.0%
Amounts payable within one year42/48€0.007m€0.03m€0.5m€0.5m€0.5m€0.5m€0.5m▼ 1.9%
Current portion of amounts payable after more than one year42--€0.05m€0.06m€0.06m€0.06m€0.06m▲ 3.5%
Trade debts44€0.004m€0.02m€0.02m€0.01m€0.02m€0.02m€0.02m▼ 1.5%
Suppliers440/4--€0.02m€0.01m€0.02m€0.02m€0.02m▼ 1.5%
Taxes, remuneration and social security45--€0.4m€0.3m€0.3m€0.1m€0.1m▼ 0.1%
Taxes450/3--€0.3m€0.3m€0.3m€0.1m€0.1m▼ 0.1%
Remuneration and social security454/9--€0.03m€0.01m€0.003m€0--
Other amounts payable47/48--€0.04m€0.05m€0.07m€0.3m€0.3m▼ 3.9%
Accrued charges and deferred income492/3------€0.001m-
Line2018201920202021202220232024Change
Profit (loss) for the period9904-€94,064-€30,387-€92,967-€2,474€34,123€18,581€21,145▲ 13.8%
+ Depreciation and write-downs630€31,052€12,302€11,860€12,152€12,190€12,280€12,280=
Operating cash flow (approximation)-€63,012-€18,085-€81,106€9,678€46,313€30,861€33,424▲ 8.3%
Investment in fixed assets (approximation)-€0-€451,835€16,000-€1,189€0€0-
Change in cash--€9€3,244-€3,123-€1,306-€30€1,214-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Latest 10 of 34 filings with the National Bank
Financial year Type Filed Reference
31-12-2024 full format 28-08-2025 2025-00479869
31-12-2023 full format 28-10-2024 2024-00527505
31-12-2022 full format 31-10-2023 2023-00505221
31-12-2021 full format 25-10-2022 2022-20481817
31-12-2020 full format 09-08-2022 2022-20284197
31-12-2019 full format 12-01-2021 2021-00900500
31-12-2018 full format 13-01-2020 2020-01000165
31-12-2017 full format 13-01-2020 2020-01000102
31-12-2016 micro format 30-06-2017 2017-25100484
31-12-2015 full format 10-06-2016 2016-16900482

Show all 34 filings

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