Bureau d'Assurances du Condroz is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €175k and a net result of €32k. Equity is growing by ~9.6% per year across the filed fiscal years. Its solvency ranks better than 45% of 2430 sector peers (fiscal year 2025). The company has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health 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.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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
31 d late
2024
3 d early
2023
9 d late
2022
28 d late
2021
120 d late
2020
25 d late
2019
74 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€175k▲ 22.7%
2024 · €142k
2018: €75k
2019: €92k
2020: €109k
2021: €94k
2022: €98k
2023: €103k
2024: €142k
2018 → 2025
Net result
€32k▼ 17.6%
2024 · €39k
2018: €18k
2019: €17k
2020: €17k
2021: €912
2022: €3k
2023: €32k
2024: €39k
2018 → 2025
Total assets
€384k▲ 23.8%
2024 · €310k
2018: €233k
2019: €220k
2020: €229k
2021: €213k
2022: €198k
2023: €267k
2024: €310k
2018 → 2025
Solvency
45.5%▼ 0.4pp
2024 · 45.9%
2018: 32.0%
2019: 41.7%
2020: 47.4%
2021: 44.3%
2022: 49.3%
2023: 38.7%
2024: 45.9%
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€94k-€98k▲ 3.6%€103k▲ 5.5%€142k▲ 38.0%€175k▲ 22.7%
Operating result€10k-€11k▲ 14.4%€54k▲ 382%€63k▲ 16.8%€57k▼ 9.3%
Net result€912-€3k▲ 272%€32k▲ 854%€39k▲ 21.1%€32k▼ 17.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 9% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €384k
Fixed assets
€70k▲ 98.8%
Current assets
€314k▲ 14.2%
Equity and liabilities €384k
Equity
€175k▲ 22.7%
Debt
€209k▲ 24.8%
The debt ratio rises from 54.1% to 54.5%. Equity and debt are higher.
Key figures and ratios
Solvency
45.5%▼
2024 · 45.9%
ROE
18.5%▼
2024 · 27.5%
ROA
8.4%▼
2024 · 12.6%
Debt
€209k▲
2024 · €168k
Debt ≤ 1 year
€165k▲
2024 · €153k
Debt > 1 year
€35k▲
2024 · €15k
Income taxes
€17k▼
2024 · €17k
Staff costs
€27k▲
2024 · €23k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€310k€384k▲
Fixed assets21/28€35k€70k▲
Tangible fixed assets22/27€35k€70k▲
Furniture and vehicles24€35k€70k▲
Financial fixed assets28€258€258=
Current assets29/58€275k€314k▲
Amounts receivable within one year40/41€271k€304k▲
Trade receivables40€22k€5k▼
Other amounts receivable41€248k€300k▲
Cash at bank and in hand54/58€4k€2k▼
Deferred charges and accrued income490/1€322€8k▲
Equity and liabilities
Total equity and liabilities10/49€310k€384k▲
Equity10/15€142k€175k▲
Contributions10/11€6k€6k=
Reserves13€92k€92k=
Distributable reserves133€92k€92k=
Profit (loss) carried forward14€44k€77k▲
Amounts payable17/49€168k€209k▲
Amounts payable after more than one year17€15k€35k▲
Financial debts170/4€15k€35k▲
Amounts payable within one year42/48€153k€165k▲
Current portion of amounts payable after more than one year42€9k€19k▲
Trade debts44€4k€41k▲
Suppliers440/4€4k€41k▲
Taxes, remuneration and social security45€66k€38k▼
Taxes450/3€60k€34k▼
Remuneration and social security454/9€6k€4k▼
Other amounts payable47/48€74k€67k▼
Accrued charges and deferred income492/3-€9k
Income statement
Code20242025
Remuneration, social security and pensions62€23k€27k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€11k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€1k
Other operating charges640/8€621-
Gross operating margin9900€93k€96k▲
Operating profit (loss)9901€63k€57k▼
Financial charges65/66B€6k€8k▲
Recurring financial charges65€6k€8k▲
Profit (loss) for the period before taxes9903€57k€49k▼
Income taxes67/77€17k€17k▼
Profit (loss) for the period9904€39k€32k▼
Profit (loss) for the period to be appropriated9905€39k€32k▼
Appropriation of the result
Profit (loss) to be appropriated9906€44k€77k▲
Profit (loss) brought forward from the previous period14P€5k€44k▲
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Equity above €150kEq €175k ▲22.7%
8 profitable years in a row build equity to €175k.
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €39k ▲21.1%
Operating result €63k, net result €39k, both a record.
09-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 9 days late
2023
31-12
Financial
Equity above €100kEq €103k ▲5.5%
6 profitable years in a row build equity to €103k.
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
2022
28-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 120 days late
2021
31-12
Financial
Weakest financial yearnet €912 ▼94.6%
Net result drops to €912, the lowest in the series; recovery starts the following year.
25-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 25 days late
2020
31-12
Financial
Equity above €100kEq €109k ▲18.6%
3 profitable years in a row build equity to €109k.
13-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 74 days late
2019
12-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 43 days late
2018
24-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 24 days late
2017
09-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 9 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Modave · 1 establishment unit since 2012
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue Pont de Bonne 104577 ModaveGround area
580 m²
Building footprint
135 m²
Volume, LiDAR
685 m³
2 parcels, Wallonia · tallest building 10.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Rue de la Gendarmerie 63, 4500 Huy
since 20122.214.740.523
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 61041A0007/00C006 | Wallonia | 309 m² | 1 · 72 m² | 10.9 m · 3 fl. |
| 61031B0711/00T005 | Wallonia | 271 m² | 1 · 62 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
Verbraecken & partners
BE 0871.581.523
Beveren-Kruibeke-Zwijndrecht · Eq €175k
ASSURANCES LOISEAU
BE 0449.756.039
Sambreville · Eq €174k
KANTOOR DEMUYNCK
BE 0808.386.518
Lendelede · Eq €174k
VERZEKERINGSKANTOOR MERGEAY
BE 0434.571.381
Maaseik · Eq €174k
ROMAN STEFAN
BE 0871.996.445
Nazareth-De Pinte · Eq €174k
Of 4,683 companies in sector 66220 we hold annual accounts for 3,228. 2,838 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-10-2012
Fiscal year end31-12
Abbreviation FR
BAC
Activities, NACEBEL
66220Insurance agents and brokers
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.