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CED ASSURE

Active
Private limited companyfounded 2008active for 17 yearsClos des Ducs de Brabant 4, 4606 Dalhem, BelgiumKBO/BCE: BE 0807.730.183

Financials · financial year 2025, micro format

Annual accounts 2025 filed on 19-06-2026 at the NBB all 17 filings

Equity
€12,401▼ 0.4%
2024 · €12,456
Net result
€33,345▲ 76.4%
2024 · €18,902
Total assets
€325,052▼ 15.5%
2024 · €384,555
Solvency
3.8%▲ 0.6pp
2024 · 3.2%
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result for 2025 is 39% higher than in 2024 and the highest since 2021. It is the second rise in a row, after the fall in 2023.

Turnover€435,063 2022 Operating result€55,786 2025 Net result€33,345 2025

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

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

The sector band is the middle half of the companies in Activities auxiliary to financial services and insurance activities (NACE 66). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio, return on assets (ROA) and staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Turnover€283,569-€417,348▲ 47.2%€427,957▲ 2.5%€432,061▲ 1.0%€435,063▲ 0.7%
Operating result€28,359-€40,635▲ 43.3%€14,790▼ 63.6%€39,207▲ 165%€36,200▼ 7.7%€17,687▼ 51.1%€40,064▲ 127%€55,786▲ 39.2%
Net result€16,568-€20,559▲ 24.1%-€47below the sector's middle half€21,577within the sector's middle half€17,534within the sector's middle half▼ 18.7%€2,203within the sector's middle half▼ 87.4%€18,902within the sector's middle half▲ 758%€33,345within the sector's middle half▲ 76.4%
Equity€118,328-€100,888▼ 14.7%€100,840within the sector's middle half=€100,817within the sector's middle half=€43,351within the sector's middle half▼ 57.0%€12,554below the sector's middle half▼ 71.0%€12,456below the sector's middle half▼ 0.8%€12,401below the sector's middle half▼ 0.4%
Total assets€853,499-€793,821▼ 7.0%€649,312within the sector's middle half▼ 18.2%€637,791within the sector's middle half▼ 1.8%€562,353within the sector's middle half▼ 11.8%€442,808within the sector's middle half▼ 21.3%€384,555within the sector's middle half▼ 13.2%€325,052within the sector's middle half▼ 15.5%
Debt€735,171-€692,933▼ 5.7%€548,472▼ 20.8%€536,974▼ 2.1%€519,002▼ 3.3%€430,253▼ 17.1%€372,099▼ 13.5%€312,651▼ 16.0%
Working capital€21,256--€49,034-€53,657below the sector's middle half▼ 9.4%-€53,305below the sector's middle half▲ 0.7%-€103,091below the sector's middle half▼ 93.4%-€108,761below the sector's middle half▼ 5.5%-€46,232below the sector's middle half▲ 57.5%-€48,171below the sector's middle half▼ 4.2%
Solvency13.9%-12.7%▼ 1.2pp15.5%below the sector's middle half▲ 2.8pp15.8%below the sector's middle half▲ 0.3pp7.7%below the sector's middle half▼ 8.1pp2.8%below the sector's middle half▼ 4.9pp3.2%below the sector's middle half▲ 0.4pp3.8%below the sector's middle half▲ 0.6pp
Current ratio1.14-0.72▼ 0.430.58below the sector's middle half▼ 0.140.58below the sector's middle half=0.46below the sector's middle half▼ 0.120.39below the sector's middle half▼ 0.070.66below the sector's middle half▲ 0.280.71below the sector's middle half▲ 0.04
Return on assets (ROA)1.9%-2.6%▲ 0.6pp0.0%below the sector's middle half▼ 2.6pp3.4%within the sector's middle half▲ 3.4pp3.1%within the sector's middle half▼ 0.3pp0.5%below the sector's middle half▼ 2.6pp4.9%within the sector's middle half▲ 4.4pp10.3%within the sector's middle half▲ 5.3pp
Staff (FTE)1.3-1.5▲ 15.4%1.7within the sector's middle half▲ 13.3%1.5▼ 11.8%2▲ 33.3%2=2.6▲ 30.0%2.4▼ 7.7%
above within below The sector band is the middle half of the companies in Activities auxiliary to financial services and insurance activities (NACE 66). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €325,052
Fixed assets €207,297 ▼ 29.2%
Current assets €117,755 ▲ 28.4%
Equity and liabilities €325,052
Equity €12,401 ▼ 0.4%
Debt €312,651 ▼ 16.0%
Debt's share of the balance-sheet total falls from 96.8% to 96.2%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
ROE
268.9%▲
2024 · 151.7%
Debt ≤ 1 year
€165,926▲
2024 · €137,961
Debt > 1 year
€146,725▼
2024 · €234,138
Income taxes
€14,027▲
2024 · €10,809
Staff costs
€102,486▼
2024 · €105,956
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Staff

social balance sheet
Item31-12-202131-12-202231-12-202331-12-202431-12-2025
Employees at the balance-sheet date22232
full-time--000
part-time22232
in full-time equivalents1.81.8221.8
Average over the year, in full-time equivalents1.51.822.12
On a permanent contract22222
Joined1--43
Left1--34

Source: social balance sheet in the 2021 to 2025 annual accounts

Investments

fixed assets acquired
Item20212022202320242025
Tangible fixed assets€77,836€11,374€2,541€10,190€5,251
Intangible fixed assets€0€0€0€0€0
Financial fixed assets-€1,600€0€0€0
Depreciation and write-downs of the year€88,097€102,254€103,045€90,480€90,780

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Comparable companies

These companies have the same main activity as CED ASSURE: insurance agents and brokers (NACE 66220). They are comparable in size and age: total assets between €268,000 and €445,000, founded between 2005 and 2011.

CompanyFoundedTotal assetsEquityGross marginNet resultFTEFinancial year
CED ASSURE Dalhem2008€325,052€12,401€250,576€33,345-2025
VENNINCX VERZEKERINGEN Stabroek2007€360,741€57,807€223,890€22,563-2025
GROUP EURO-CONSEIL Waremme2011€270,812€119,907€243,473€133,55112025
BUREAU D'ASSURANCES ET CREDITS MGHOGHI Soumagne2007€444,952€315,751€243,920€117,687-2025
Rudy PASTEELS Hannut2005€318,699€193,216€187,207€120,597-2025
SRL MARTENS Liège2005€329,948€70,100€342,048€43,962-2025
RMD Assurances & Prêts Liège2011€268,493€79,099€183,494€51,896-2025

They were chosen from the 3,255 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 48 lines

Source: Annual accounts 2025 at the NBB, filed on 19-06-2026.

Balance sheet Code20242025
Assets
Total assets20/58€384,555€325,052▼
Fixed assets21/28€292,826€207,297▼
Intangible fixed assets21€220,241€157,241▼
Tangible fixed assets22/27€70,985€48,456▼
Plant, machinery and equipment23-€0
Furniture and vehicles24€37,815€18,929▼
Other tangible fixed assets26€33,170€29,527▼
Financial fixed assets28€1,600€1,600=
Current assets29/58€91,729€117,755▲
Amounts receivable within one year40/41€43,489€40,038▼
Trade receivables40€37,503€40,038▲
Other amounts receivable41€5,986€0▼
Cash at bank and in hand54/58€45,658€74,232▲
Deferred charges and accrued income490/1€2,582€3,485▲
Equity and liabilities
Total equity and liabilities10/49€384,555€325,052▼
Equity10/15€12,456€12,401▼
Contributions10/11€12,400€12,400=
Profit (loss) carried forward14€56€1▼
Amounts payable17/49€372,099€312,651▼
Amounts payable after more than one year17€234,138€146,725▼
Financial debts170/4€234,138€146,725▼
Amounts payable within one year42/48€137,961€165,926▲
Current portion of amounts payable after more than one year42€86,347€89,940▲
Financial debts43€1,268€2,841▲
Credit institutions430/8€1,268€2,841▲
Trade debts44€7,148€8,819▲
Suppliers440/4€7,148€8,819▲
Taxes, remuneration and social security45€24,198€24,485▲
Taxes450/3€3,132€4,548▲
Remuneration and social security454/9€21,066€19,936▼
Other amounts payable47/48€19,000€39,842▲
Income statement Code20242025
Remuneration, social security and pensions62€105,956€102,486▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€90,480€90,780▲
Other operating charges640/8€1,476€1,524▲
Gross operating margin9900€237,976€250,576▲
Operating profit (loss)9901€40,064€55,786▲
Financial income75/76B€257€307▲
Recurring financial income75€257€307▲
Financial charges65/66B€10,610€8,721▼
Recurring financial charges65€10,610€8,721▼
Profit (loss) for the period before taxes9903€29,710€47,372▲
Income taxes67/77€10,809€14,027▲
Profit (loss) for the period9904€18,902€33,345▲
Profit (loss) for the period to be appropriated9905€18,902€33,345▲
Appropriation of the result
Profit (loss) to be appropriated9906€19,056€33,401▲
Profit (loss) brought forward from the previous period14P€154€56▼
Profit to be distributed694/7€19,000€33,400▲
Return on contributions (dividend)694€19,000€33,400▲

The notes to these accounts have 14 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Line20182019202020212022202320242025Change
Turnover70€283,569€417,348€427,957€432,061€435,063----
Goods, raw materials, services and sundry goods60/61---€252,491€208,715----
Remuneration, social security and pensions62---€66,594€97,853€102,691€105,956€102,486▼ 3.3%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€42,325€93,090€95,389€88,097€102,254€103,045€90,480€90,780▲ 0.3%
Other operating charges640/8---€7,358€1,496€1,537€1,476€1,524▲ 3.2%
Gross operating margin9900€116,207€198,329€184,317€201,256€237,803€224,960€237,976€250,576▲ 5.3%
Operating profit (loss)9901€28,359€40,635€14,790€39,207€36,200€17,687€40,064€55,786▲ 39.2%
Financial income75/76B---€759€1,032€221€257€307▲ 19.6%
Recurring financial income75€166€99€309€759€1,032€221€257€307▲ 19.6%
Financial charges65/66B---€7,115€6,779€8,186€10,610€8,721▼ 17.8%
Recurring financial charges65€5,432€10,357€8,271€7,115€6,779€8,186€10,610€8,721▼ 17.8%
Profit (loss) for the period before taxes9903€23,093€30,377€6,828€32,851€30,454€9,722€29,710€47,372▲ 59.4%
Income taxes67/77€6,524€9,818€6,876€11,274€12,919€7,519€10,809€14,027▲ 29.8%
Profit (loss) for the period9904€16,568€20,559-€47€21,577€17,534€2,203€18,902€33,345▲ 76.4%
Profit (loss) for the period to be appropriated9905€16,568€20,559-€47€21,577€17,534€2,203€18,902€33,345▲ 76.4%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€853,499€793,821€649,312€637,791€562,353€442,808€384,555€325,052▼ 15.5%
Fixed assets21/28€684,259€668,976€575,762€565,501€475,220€374,716€292,826€207,297▼ 29.2%
Intangible fixed assets21€598,241€535,241€472,241€409,241€346,241€283,241€220,241€157,241▼ 28.6%
Tangible fixed assets22/27€83,417€131,135€100,921€153,660€125,779€88,275€70,985€48,456▼ 31.7%
Plant, machinery and equipment23-------€0-
Furniture and vehicles24---€107,870€81,141€49,425€37,815€18,929▼ 49.9%
Other tangible fixed assets26---€45,790€44,638€38,851€33,170€29,527▼ 11.0%
Financial fixed assets28€2,600€2,600€2,600€2,600€3,200€3,200€1,600€1,600=
Current assets29/58€169,241€124,844€73,550€72,290€87,133€68,091€91,729€117,755▲ 28.4%
Amounts receivable within one year40/41€28,572€35,278€42,881€50,448€48,894€40,050€43,489€40,038▼ 7.9%
Trade receivables40---€30,304€34,685€34,969€37,503€40,038▲ 6.8%
Other amounts receivable41---€20,144€14,209€5,081€5,986€0▼ 100%
Cash at bank and in hand54/58€140,452€88,784€30,267€21,470€37,834€25,453€45,658€74,232▲ 62.6%
Deferred charges and accrued income490/1---€372€405€2,589€2,582€3,485▲ 35.0%
Equity and liabilities
Total equity and liabilities10/49€853,499€793,821€649,312€637,791€562,353€442,808€384,555€325,052▼ 15.5%
Equity10/15€118,328€100,888€100,840€100,817€43,351€12,554€12,456€12,401▼ 0.4%
Contributions10/11€12,400€12,400-€12,400€12,400€12,400€12,400€12,400=
Reserves13€88,360€88,360€88,360€88,360€30,860€0---
Non-distributable reserves130/1---€1,860€1,860€0---
Reserves not available under the articles1311---€1,860€1,860€0---
Distributable reserves133---€86,500€29,000€0---
Profit (loss) carried forward14€17,568€128€80€57€91€154€56€1▼ 98.7%
Amounts payable17/49€735,171€692,933€548,472€536,974€519,002€430,253€372,099€312,651▼ 16.0%
Amounts payable after more than one year17€587,186€519,054€421,265€411,379€328,778€253,401€234,138€146,725▼ 37.3%
Financial debts170/4---€411,379€328,778€253,401€234,138€146,725▼ 37.3%
Amounts payable within one year42/48€147,985€173,879€127,207€125,595€190,224€176,853€137,961€165,926▲ 20.3%
Current portion of amounts payable after more than one year42---€83,386€83,082€75,373€86,347€89,940▲ 4.2%
Financial debts43---€1,015€1,974€4,579€1,268€2,841▲ 124%
Credit institutions430/8---€1,015€1,974€4,579€1,268€2,841▲ 124%
Trade debts44€10,028€10,548€13,831€6,564€6,462€11,410€7,148€8,819▲ 23.4%
Suppliers440/4---€6,564€6,462€11,410€7,148€8,819▲ 23.4%
Bills of exchange payable441-----€0---
Taxes, remuneration and social security45---€13,029€23,706€18,342€24,198€24,485▲ 1.2%
Taxes450/3---€3,579€2,100€19€3,132€4,548▲ 45.2%
Remuneration and social security454/9---€9,450€21,606€18,323€21,066€19,936▼ 5.4%
Other amounts payable47/48---€21,600€75,000€67,149€19,000€39,842▲ 110%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€16,568€20,559-€47€21,577€17,534€2,203€18,902€33,345▲ 76.4%
+ Depreciation and write-downs630€42,325€93,090€95,389€88,097€102,254€103,045€90,480€90,780▲ 0.3%
Operating cash flow (approximation)€58,894€113,649€95,341€109,674€119,788€105,248€109,382€124,125▲ 13.5%
Investment in fixed assets (approximation)--€77,807-€2,175-€77,836-€11,973-€2,541-€8,590-€5,251▲ 38.9%
Change in cash--€51,668-€58,518-€8,797€16,364-€12,381€20,205€28,574▲ 41.4%

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

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Latest 10 of 17 filings with the National Bank
Financial year Type Filed Reference Document
31-12-2025 micro format 19-06-2026 2026-00175391 NBB
31-12-2024 micro format 16-05-2025 2025-00096065 PDF
31-12-2023 micro format 25-06-2024 2024-00166052 PDF
31-12-2022 micro format 29-08-2023 2023-00367507 PDF
31-12-2021 micro format 23-05-2022 2022-20040949 PDF
31-12-2020 micro format 12-08-2021 2021-48200341 PDF
31-12-2019 micro format 11-09-2020 2020-53000346 PDF
31-12-2018 micro format 26-07-2019 2019-39300112 PDF
31-12-2017 micro format 14-08-2018 2018-46000147 PDF
31-12-2016 micro format 04-07-2017 2017-27500265 PDF

Show all 17 filings

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