B-INSURED
ActiveSummary
B-INSURED is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. For B-INSURED, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €486,371 and a net result of €146,860. Equity is growing by ~27.7% per year across the filed fiscal years. Its solvency ranks better than 85% of 1362 sector peers (fiscal year 2023). The company has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Filing: At least two filing cycles are missing
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Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline27-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 29-10-2024, 90 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
not confirmed
2024
not filed
2023
90 d late
2022
91 d late
2021
270 d late
2020
87 d late
2019
189 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 145 days after the deadline; the sector median for financial year 2024 is 5 days before the deadline, and 38% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2023, abbreviated schema
Equity
€486,371▲ 43.3%
2022 · €339,511
Net result
€146,860▲ 116%
2022 · €68,119
Total assets
€599,417▲ 29.0%
2022 · €464,732
Solvency
81.1%▲ 8.1pp
2022 · 73.1%
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
Line20192020202120222023
Operating result€56,489▲ 88.9%€101,126▲ 79.0%€51,873▼ 48.7%€90,562▲ 74.6%€169,906▲ 87.6%
Net result€36,523▲ 88.7%€69,418▲ 90.1%€35,241▼ 49.2%€68,119▲ 93.3%€146,860▲ 116%
Equity€166,733▲ 28.0%€236,151▲ 41.6%€271,392▲ 14.9%€339,511▲ 25.1%€486,371▲ 43.3%
Total assets€231,129▲ 5.5%€330,969▲ 43.2%€378,550▲ 14.4%€464,732▲ 22.8%€599,417▲ 29.0%
Debt€64,396▼ 27.6%€94,818▲ 47.2%€107,158▲ 13.0%€125,221▲ 16.9%€113,046▼ 9.7%
Working capital€180,901▲ 45.5%€229,600▲ 26.9%€267,316▲ 16.4%€336,807▲ 26.0%€484,820▲ 43.9%
Solvency72.1%▲ 12.7pp71.4%▼ 0.8pp71.7%▲ 0.3pp73.1%▲ 1.4pp81.1%▲ 8.1pp
Staff (FTE)1.5▼ 21.1%1▼ 33.3%1.1▲ 10.0%1.1=0▼ 100%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2021 the operating result has climbed two years in a row; 2023 is 88% above 2022 and is the highest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €599,417
Fixed assets
€1,551 ▼ 42.6%
Current assets
€597,866 ▲ 29.4%
Equity and liabilities €599,417
Equity
€486,371 ▲ 43.3%
Debt
€113,046 ▼ 9.7%
Debt's share of the balance-sheet total falls from 26.9% to 18.9%. Equity is higher and debt is lower.
Key figures and ratios
ROE
30.2%▲
2022 · 20.1%
ROA
24.5%▲
2022 · 14.7%
Debt ≤ 1 year
€113,046▼
2022 · €125,221
Income taxes
€24,565▲
2022 · €21,981
Staff costs
€62,249▲
2022 · €58,265
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €104,755 | - |
| Remuneration, social security and pensions62 | - | - | €58,880 | €58,265 | €62,249 | ▲ 6.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €25,796 | €15,040 | €2,475 | €1,372 | €1,153 | ▼ 15.9% |
| Other operating charges640/8 | - | - | €17,856 | €17,872 | €2,703 | ▼ 84.9% |
| Gross operating margin9900 | €160,447 | €172,183 | €131,084 | €168,071 | €236,011 | ▲ 40.4% |
| Operating profit (loss)9901 | €56,489 | €101,126 | €51,873 | €90,562 | €169,906 | ▲ 87.6% |
| Financial income75/76B | - | - | €131 | €0 | €3,080 | - |
| Recurring financial income75 | €207 | €15 | €131 | €0 | €3,080 | - |
| Financial charges65/66B | - | - | €392 | €462 | €1,561 | ▲ 238% |
| Recurring financial charges65 | €1,441 | €921 | €392 | €462 | €1,561 | ▲ 238% |
| Profit (loss) for the period before taxes9903 | €55,255 | €100,221 | €51,613 | €90,100 | €171,425 | ▲ 90.3% |
| Income taxes67/77 | €18,732 | €30,803 | €16,371 | €21,981 | €24,565 | ▲ 11.8% |
| Profit (loss) for the period9904 | €36,523 | €69,418 | €35,241 | €68,119 | €146,860 | ▲ 116% |
| Profit (loss) for the period to be appropriated9905 | €36,523 | €69,418 | €35,241 | €68,119 | €146,860 | ▲ 116% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €231,129 | €330,969 | €378,550 | €464,732 | €599,417 | ▲ 29.0% |
| Fixed assets21/28 | €18,933 | €6,551 | €4,076 | €2,704 | €1,551 | ▼ 42.6% |
| Intangible fixed assets21 | €12,400 | €0 | - | - | - | - |
| Tangible fixed assets22/27 | €6,533 | €6,551 | €4,076 | €2,704 | €1,551 | ▼ 42.6% |
| Furniture and vehicles24 | - | - | €1,553 | €667 | €0 | ▼ 100% |
| Other tangible fixed assets26 | - | - | €2,523 | €2,037 | €1,551 | ▼ 23.8% |
| Current assets29/58 | €212,196 | €324,419 | €374,474 | €462,028 | €597,866 | ▲ 29.4% |
| Amounts receivable after more than one year29 | - | - | €55,000 | €80,000 | €200,000 | ▲ 150% |
| Trade receivables290 | - | - | €55,000 | €80,000 | €200,000 | ▲ 150% |
| Amounts receivable within one year40/41 | €129,349 | €146,533 | €129,349 | €129,349 | €0 | ▼ 100% |
| Trade receivables40 | - | - | €129,208 | €129,208 | €0 | ▼ 100% |
| Other amounts receivable41 | - | - | €140 | €140 | €0 | ▼ 100% |
| Current investments50/53 | €20,039 | €32,554 | €40,072 | €35,071 | €35,127 | ▲ 0.2% |
| Cash at bank and in hand54/58 | €8,972 | €4,265 | €3,087 | €444 | €57 | ▼ 87.2% |
| Deferred charges and accrued income490/1 | - | - | €146,967 | €217,164 | €362,682 | ▲ 67.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €231,129 | €330,969 | €378,550 | €464,732 | €599,417 | ▲ 29.0% |
| Equity10/15 | €166,733 | €236,151 | €271,392 | €339,511 | €486,371 | ▲ 43.3% |
| Contributions10/11 | €18,600 | - | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €148,133 | €217,551 | €252,792 | €320,911 | €467,771 | ▲ 45.8% |
| Non-distributable reserves130/1 | - | - | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | - | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | - | - | €250,932 | €319,051 | €465,911 | ▲ 46.0% |
| Amounts payable17/49 | €64,396 | €94,818 | €107,158 | €125,221 | €113,046 | ▼ 9.7% |
| Amounts payable after more than one year17 | €3,100 | €0 | - | - | - | - |
| Amounts payable within one year42/48 | €31,296 | €94,818 | €107,158 | €125,221 | €113,046 | ▼ 9.7% |
| Current portion of amounts payable after more than one year42 | - | - | €0 | - | - | - |
| Trade debts44 | €5,119 | €8,272 | €8,998 | €22,021 | €8,860 | ▼ 59.8% |
| Suppliers440/4 | - | - | €8,998 | €22,021 | €8,860 | ▼ 59.8% |
| Taxes, remuneration and social security45 | - | - | €39,766 | €31,280 | €33,077 | ▲ 5.7% |
| Taxes450/3 | - | - | €29,171 | €20,349 | €21,089 | ▲ 3.6% |
| Remuneration and social security454/9 | - | - | €10,595 | €10,930 | €11,988 | ▲ 9.7% |
| Other amounts payable47/48 | - | - | €58,394 | €71,921 | €71,110 | ▼ 1.1% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €36,523 | €69,418 | €35,241 | €68,119 | €146,860 | ▲ 116% |
| + Depreciation and write-downs630 | €25,796 | €15,040 | €2,475 | €1,372 | €1,153 | ▼ 15.9% |
| Operating cash flow (approximation) | €62,319 | €84,458 | €37,716 | €69,491 | €148,013 | ▲ 113% |
| Investment in fixed assets (approximation) | - | -€2,658 | €0 | €0 | €0 | - |
| Change in cash | - | -€4,708 | -€1,177 | -€2,643 | -€387 | ▲ 85.4% |
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
2024
29-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 90 days late
2023
31-12
Financial
Highest result since 2018net €146,860 ▲116%
Operating result €169,906, net result €146,860, both a record.
30-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 91 days late
27-04
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 270 days late
2021
26-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 87 days late
05-02
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 189 days late
2020
31-12
Financial
Equity above €200,000Eq €236,151 ▲41.6%
3 profitable years in a row build equity to €236,151.
2019
31-12
Financial
Liquidity doublescurrent ratio 6.78
Current ratio from 3.33 to 6.78; short-term debt falls from €53,423 to €31,296.
31-12
Financial
Equity above €150,000Eq €166,733 ▲28%
2 profitable years in a row build equity to €166,733.
28-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 89 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 30 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 30 days late
2016
15-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
31-08
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Aalst · 1 establishment unit since 2008
Ground area
374 m²
Building footprint
98 m²
Volume, LiDAR
667 m³
Parcel 41303E0393/00X000, Flanders · tallest building 8.8 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
B-INSURED
since 20082.175.594.489
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41303E0393/00X000 | Flanders | 374 m² | 1 · 98 m² | 8.8 m · 2 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.
Similar companies · same sector, comparable size
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CAPTEN
BE 0807.157.982
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DDH-VERZEKERINGEN
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Vuylsteke Verzekeringen, partner van besox verzekeringen
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Of 4,673 companies in sector 66220 we hold annual accounts for 3,220. 2,602 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded09-10-2008
Fiscal year end31-12
Activities, NACEBEL 2025
66220Insurance agents and brokers
E-invoicing
Reachable via Peppol
Peppol ID
0208:0806975563
Also
9925:BE0806975563
Registered
24-03-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.