Summary
GEXI 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 €122,749 and a net result of €35,407. Equity is growing by about 15% per year across the filed financial years. Its solvency ranks better than 49% of 3,019 sector peers (NACE 66, financial year 2025). The company has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals.
Financials · financial year 2025, micro format
Equity
€122,749▲ 14.4%
2024 · €107,342
Net result
€35,407▲ 21.6%
2024 · €29,106
Total assets
€250,913▲ 1.9%
2024 · €246,132
Solvency
48.9%▲ 5.3pp
2024 · 43.6%
Trend over the years
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 7% above 2024 and is the highest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€47,514
2025
Net result€35,407
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€250,913
2025
Equity€122,749
2025
Debt€128,165
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€48,211
2025
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Return on assets (ROA)14.1%
2025
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency48.9%
2025
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio1.57
2025
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).
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result€4,897-€11,632▲ 138%€15,134▲ 30.1%€39,724▲ 162%€29,609▼ 25.5%€38,904▲ 31.4%€44,552▲ 14.5%€47,514▲ 6.6%
Net result-€1,252-€5,957€8,648within the sector's middle half▲ 45.2%€27,885within the sector's middle half▲ 222%€16,878within the sector's middle half▼ 39.5%€25,875within the sector's middle half▲ 53.3%€29,106within the sector's middle half▲ 12.5%€35,407within the sector's middle half▲ 21.6%
Equity€37,993-€43,950▲ 15.7%€52,597within the sector's middle half▲ 19.7%€80,483within the sector's middle half▲ 53.0%€87,361within the sector's middle half▲ 8.5%€98,236within the sector's middle half▲ 12.4%€107,342within the sector's middle half▲ 9.3%€122,749within the sector's middle half▲ 14.4%
Total assets€251,694-€231,841▼ 7.9%€221,790within the sector's middle half▼ 4.3%€228,942within the sector's middle half▲ 3.2%€224,681within the sector's middle half▼ 1.9%€226,437within the sector's middle half▲ 0.8%€246,132within the sector's middle half▲ 8.7%€250,913within the sector's middle half▲ 1.9%
Debt€213,701-€187,891▼ 12.1%€169,193▼ 10.0%€148,459▼ 12.3%€137,320▼ 7.5%€128,201▼ 6.6%€138,790▲ 8.3%€128,165▼ 7.7%
Working capital-€12,088--€4,601▲ 61.9%€5,372within the sector's middle half€33,849within the sector's middle half▲ 530%€34,051within the sector's middle half▲ 0.6%€33,321within the sector's middle half▼ 2.1%€37,670within the sector's middle half▲ 13.1%€48,211within the sector's middle half▲ 28.0%
Solvency15.1%-19.0%▲ 3.9pp23.7%within the sector's middle half▲ 4.8pp35.2%within the sector's middle half▲ 11.4pp38.9%within the sector's middle half▲ 3.7pp43.4%within the sector's middle half▲ 4.5pp43.6%within the sector's middle half▲ 0.2pp48.9%within the sector's middle half▲ 5.3pp
Current ratio0.77-0.91▲ 0.141.10within the sector's middle half▲ 0.191.58within the sector's middle half▲ 0.481.56within the sector's middle half▼ 0.021.52within the sector's middle half▼ 0.041.44within the sector's middle half▼ 0.081.57within the sector's middle half▲ 0.13
Return on assets (ROA)-0.5%-2.6%▲ 3.1pp3.9%within the sector's middle half▲ 1.3pp12.2%within the sector's middle half▲ 8.3pp7.5%within the sector's middle half▼ 4.7pp11.4%within the sector's middle half▲ 3.9pp11.8%within the sector's middle half▲ 0.4pp14.1%within the sector's middle half▲ 2.3pp
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.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €250,913
Fixed assets
€117,400 ▼ 4.3%
Current assets
€133,514 ▲ 8.1%
Equity and liabilities €250,913
Equity
€122,749 ▲ 14.4%
Debt
€128,165 ▼ 7.7%
Debt's share of the balance-sheet total falls from 56.4% to 51.1%. Equity is higher and debt is lower.
Key figures and ratios
ROE
28.8%▲
2024 · 27.1%
Debt ≤ 1 year
€85,302▼
2024 · €85,802
Debt > 1 year
€31,684▼
2024 · €44,505
Income taxes
€8,128▼
2024 · €10,529
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €1,978 | €1,978 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €25,837 | €24,972 | €24,649 | €23,998 | €9,811 | €10,194 | €6,162 | €6,953 | ▲ 12.8% |
| Other operating charges640/8 | - | - | - | €1,445 | €1,755 | €2,302 | €2,253 | €1,927 | ▼ 14.5% |
| Gross operating margin9900 | €31,773 | €38,026 | €41,273 | €67,146 | €43,153 | €51,400 | €52,968 | €56,394 | ▲ 6.5% |
| Operating profit (loss)9901 | €4,897 | €11,632 | €15,134 | €39,724 | €29,609 | €38,904 | €44,552 | €47,514 | ▲ 6.6% |
| Financial income75/76B | - | - | - | - | €1 | €899 | €50 | €130 | ▲ 162% |
| Recurring financial income75 | - | - | - | - | €1 | €899 | €50 | €130 | ▲ 162% |
| Financial charges65/66B | - | - | - | €5,063 | €5,544 | €4,701 | €4,967 | €4,110 | ▼ 17.3% |
| Recurring financial charges65 | €5,975 | €5,586 | €5,083 | €5,063 | €5,544 | €4,701 | €4,967 | €4,110 | ▼ 17.3% |
| Profit (loss) for the period before taxes9903 | -€1,078 | €6,046 | €10,052 | €34,661 | €24,066 | €35,102 | €39,635 | €43,535 | ▲ 9.8% |
| Income taxes67/77 | €174 | €89 | €1,404 | €6,776 | €7,187 | €9,228 | €10,529 | €8,128 | ▼ 22.8% |
| Profit (loss) for the period9904 | -€1,252 | €5,957 | €8,648 | €27,885 | €16,878 | €25,875 | €29,106 | €35,407 | ▲ 21.6% |
| Profit (loss) for the period to be appropriated9905 | -€1,252 | €5,957 | €8,648 | €27,885 | €16,878 | €25,875 | €29,106 | €35,407 | ▲ 21.6% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €251,694 | €231,841 | €221,790 | €228,942 | €224,681 | €226,437 | €246,132 | €250,913 | ▲ 1.9% |
| Fixed assets21/28 | €210,118 | €185,146 | €160,497 | €136,499 | €129,445 | €128,823 | €122,660 | €117,400 | ▼ 4.3% |
| Tangible fixed assets22/27 | €179,067 | €154,094 | €129,445 | €105,447 | €98,393 | €97,771 | €91,608 | €86,348 | ▼ 5.7% |
| Land and buildings22 | - | - | - | €97,191 | €90,781 | €84,634 | €80,508 | €76,383 | ▼ 5.1% |
| Furniture and vehicles24 | - | - | - | - | - | €3,076 | €2,857 | €3,539 | ▲ 23.9% |
| Other tangible fixed assets26 | - | - | - | €8,256 | €7,612 | €10,061 | €8,244 | €6,426 | ▼ 22.0% |
| Financial fixed assets28 | €31,052 | €31,052 | €31,052 | €31,052 | €31,052 | €31,052 | €31,052 | €31,052 | = |
| Current assets29/58 | €41,575 | €46,694 | €61,293 | €92,443 | €95,236 | €97,614 | €123,472 | €133,514 | ▲ 8.1% |
| Amounts receivable within one year40/41 | €4,076 | €4,083 | €14,089 | €4,200 | €6,700 | €8,919 | €9,400 | €4,500 | ▼ 52.1% |
| Trade receivables40 | - | - | - | - | €2,200 | - | - | - | - |
| Other amounts receivable41 | - | - | - | €4,200 | €4,500 | €8,919 | €9,400 | €4,500 | ▼ 52.1% |
| Current investments50/53 | - | - | - | - | €14,151 | €16,473 | €19,709 | €32,735 | ▲ 66.1% |
| Cash at bank and in hand54/58 | €8,137 | €15,789 | €25,208 | €62,110 | €58,787 | €64,936 | €83,044 | €86,368 | ▲ 4.0% |
| Deferred charges and accrued income490/1 | - | - | - | €26,133 | €15,598 | €7,285 | €11,318 | €9,910 | ▼ 12.4% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €251,694 | €231,841 | €221,790 | €228,942 | €224,681 | €226,437 | €246,132 | €250,913 | ▲ 1.9% |
| Equity10/15 | €37,993 | €43,950 | €52,597 | €80,483 | €87,361 | €98,236 | €107,342 | €122,749 | ▲ 14.4% |
| Contributions10/11 | €19,000 | €19,000 | €19,000 | €19,000 | €19,000 | €21,000 | €21,000 | €21,000 | = |
| Capital10 | - | - | - | €19,000 | €19,000 | - | - | - | - |
| Issued capital100 | - | - | - | €19,000 | €19,000 | - | - | - | - |
| Reserves13 | €18,000 | €24,000 | €33,000 | €61,000 | €68,000 | €77,000 | €77,000 | €97,000 | ▲ 26.0% |
| Non-distributable reserves130/1 | - | - | - | €2,000 | €2,000 | - | - | - | - |
| Legal reserve130 | - | - | - | €2,000 | €2,000 | - | - | - | - |
| Distributable reserves133 | - | - | - | €59,000 | €66,000 | €77,000 | €77,000 | €97,000 | ▲ 26.0% |
| Profit (loss) carried forward14 | €993 | €950 | €597 | €483 | €361 | €236 | €9,342 | €4,749 | ▼ 49.2% |
| Amounts payable17/49 | €213,701 | €187,891 | €169,193 | €148,459 | €137,320 | €128,201 | €138,790 | €128,165 | ▼ 7.7% |
| Amounts payable after more than one year17 | €156,929 | €133,509 | €110,088 | €86,667 | €72,613 | €58,559 | €44,505 | €31,684 | ▼ 28.8% |
| Financial debts170/4 | - | - | - | €86,667 | €72,613 | €58,559 | €44,505 | €31,684 | ▼ 28.8% |
| Amounts payable within one year42/48 | €53,663 | €51,296 | €55,921 | €58,594 | €61,185 | €64,293 | €85,802 | €85,302 | ▼ 0.6% |
| Current portion of amounts payable after more than one year42 | - | - | - | €23,421 | €14,054 | €14,054 | €14,054 | €12,821 | ▼ 8.8% |
| Taxes, remuneration and social security45 | - | - | - | €5,700 | €6,887 | €3,610 | €19,023 | €19,163 | ▲ 0.7% |
| Taxes450/3 | - | - | - | €5,700 | €6,887 | €1,017 | €11,000 | €14,128 | ▲ 28.4% |
| Remuneration and social security454/9 | - | - | - | - | - | €2,593 | €8,023 | €5,035 | ▼ 37.2% |
| Other amounts payable47/48 | - | - | - | €29,473 | €40,244 | €46,629 | €52,725 | €53,318 | ▲ 1.1% |
| Accrued charges and deferred income492/3 | - | - | - | €3,198 | €3,521 | €5,349 | €8,483 | €11,179 | ▲ 31.8% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€1,252 | €5,957 | €8,648 | €27,885 | €16,878 | €25,875 | €29,106 | €35,407 | ▲ 21.6% |
| + Depreciation and write-downs630 | €25,837 | €24,972 | €24,649 | €23,998 | €9,811 | €10,194 | €6,162 | €6,953 | ▲ 12.8% |
| Operating cash flow (approximation) | €24,585 | €30,929 | €33,297 | €51,884 | €26,689 | €36,068 | €35,269 | €42,360 | ▲ 20.1% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | -€2,757 | -€9,571 | €0 | -€1,693 | - |
| Change in cash | - | €7,651 | €9,419 | €36,903 | -€3,324 | €6,150 | €18,108 | €3,324 | ▼ 81.6% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 17 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 30-07-2026 | 2026-00358253 |
| 31-12-2024 | micro format | 30-07-2025 | 2025-00341249 |
| 31-12-2023 | micro format | 29-07-2024 | 2024-00307433 |
| 31-12-2022 | micro format | 24-07-2023 | 2023-00273054 |
| 31-12-2021 | micro format | 27-07-2022 | 2022-20250094 |
| 31-12-2020 | micro format | 20-07-2021 | 2021-37800291 |
| 31-12-2019 | micro format | 27-07-2020 | 2020-34800090 |
| 31-12-2018 | micro format | 25-07-2019 | 2019-39200185 |
| 31-12-2017 | micro format | 09-08-2018 | 2018-44600478 |
| 31-12-2016 | micro format | 21-08-2017 | 2017-45500206 |
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Of the 4,609 active companies whose main activity is insurance agents and brokers (NACE 66220), figures are known for 3,208. 2,748 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.