Summary
INSURANCE & FINANCE BEX is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €617k and a net result of €171k. Equity is growing by ~23.8% per year across the filed fiscal years. Its solvency ranks better than 47% of 3323 sector peers (fiscal year 2024). The company has been active since 2013 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
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 07-07-2025, 24 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
24 d early
2023
36 d early
2022
11 d early
2021
33 d early
2020
31 d early
2019
31 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€617k▲ 16.7%
2023 · €529k
2018: €202k
2019: €212k
2020: €223k
2021: €295k
2022: €373k
2023: €529k
2018 → 2024
Net result
€171k▲ 9.6%
2023 · €156k
2018: €64k
2019: €10k
2020: €11k
2021: €72k
2022: €78k
2023: €156k
2018 → 2024
Total assets
€1.31M▲ 4.5%
2023 · €1.26M
2018: €550k
2019: €470k
2020: €529k
2021: €453k
2022: €1.30M
2023: €1.26M
2018 → 2024
Solvency
47.0%▲ 4.9pp
2023 · 42.0%
2018: 36.8%
2019: 45.1%
2020: 42.2%
2021: 65.0%
2022: 28.7%
2023: 42.0%
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€223k-€295k▲ 32.1%€373k▲ 26.5%€529k▲ 41.8%€617k▲ 16.7%
Operating result€19k-€102k▲ 428%€116k▲ 13.2%€235k▲ 103%€251k▲ 6.9%
Net result€11k-€72k▲ 545%€78k▲ 9.2%€156k▲ 99.4%€171k▲ 9.6%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2024 is 7% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.31M
Fixed assets
€973k ▼ 1.8%
Current assets
€341k ▲ 27.6%
Equity and liabilities €1.31M
Equity
€617k ▲ 16.7%
Debt
€697k ▼ 4.4%
Debt's share of the balance-sheet total falls from 58.0% to 53.0%. Equity is higher and debt is lower.
Key figures and ratios
ROE
27.7%▼
2023 · 29.5%
ROA
13.0%▲
2023 · 12.4%
Debt ≤ 1 year
€259k▼
2023 · €271k
Debt > 1 year
€437k▼
2023 · €456k
Income taxes
€80k▲
2023 · €78k
Staff costs
€99k▲
2023 · €61k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 50 lines
Balance sheet
Code20232024
Assets
Total assets20/58€1.26M€1.31M▲
Fixed assets21/28€991k€973k▼
Tangible fixed assets22/27€118k€100k▼
Furniture and vehicles24€24k€21k▼
Other tangible fixed assets26€93k€79k▼
Financial fixed assets28€873k€873k=
Current assets29/58€267k€341k▲
Amounts receivable within one year40/41€6k€12k▲
Trade receivables40€6k€12k▲
Current investments50/53€34-
Cash at bank and in hand54/58€180k€247k▲
Deferred charges and accrued income490/1€81k€82k▲
Equity and liabilities
Total equity and liabilities10/49€1.26M€1.31M▲
Equity10/15€529k€617k▲
Contributions10/11€50k€50k=
Reserves13€479k€567k▲
Distributable reserves133€479k€567k▲
Amounts payable17/49€729k€697k▼
Amounts payable after more than one year17€456k€437k▼
Financial debts170/4€456k€437k▼
Amounts payable within one year42/48€271k€259k▼
Current portion of amounts payable after more than one year42€23k€19k▼
Trade debts44€10k€3k▼
Suppliers440/4€10k€3k▼
Taxes, remuneration and social security45€34k€47k▲
Taxes450/3€20k€26k▲
Remuneration and social security454/9€14k€20k▲
Other amounts payable47/48€204k€190k▼
Accrued charges and deferred income492/3€2k€845▼
Income statement
Code20232024
Non-recurring operating income76A€9k€9k▼
Remuneration, social security and pensions62€61k€99k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€42k€19k▼
Other operating charges640/8€2k€2k▼
Non-recurring operating charges66A-€800
Gross operating margin9900€340k€372k▲
Operating profit (loss)9901€235k€251k▲
Financial income75/76B€88€794▲
Recurring financial income75€88€794▲
Financial charges65/66B€1k€984▼
Recurring financial charges65€1k€984▼
Profit (loss) for the period before taxes9903€234k€251k▲
Income taxes67/77€78k€80k▲
Profit (loss) for the period9904€156k€171k▲
Profit (loss) for the period to be appropriated9905€156k€171k▲
Appropriation of the result
Profit (loss) to be appropriated9906€156k€171k▲
Transfer from equity791/2-€83k
Transfer to equity691/2€156k€171k▲
To other reserves6921€156k€171k▲
Profit to be distributed694/7-€83k
Directors or managers695-€83k
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
2025
07-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €171k ▲9.6%
Operating result €251k, net result €171k, both a record.
25-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €500kEq €529k ▲41.8%
6 profitable years in a row build equity to €529k.
20-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
28-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Liquidity doublescurrent ratio 2.32
Current ratio from 0.96 to 2.32; short-term debt falls from €133k to €86k.
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Weakest financial yearnet €10k ▼84.4%
Net result drops to €10k, the lowest in the series; recovery starts the following year.
16-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
12-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
12-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
27-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 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, Sint-Truiden · 2 establishment units since 2013
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.
Sint-Agneshof 1A3800 Sint-TruidenGround area
848 m²
Building footprint
310 m²
Volume, LiDAR
643 m³
2 parcels, Flanders · tallest building 8.0 m, ±1 floor. Linked by address, not a title deed.
2 establishment units
Insurance & Finance Bex
since 20132.218.742.564
Insurance & Finance Bex
since 20192.291.495.039
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71064A0150/00H000 | Flanders | 624 m² | 1 · 123 m² | 0.1 m |
| 71352D0939/00D002 | Flanders | 224 m² | 1 · 186 m² | 8.0 m · 1 fl. |
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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Public money · subsidies and aid
Flemish government
2023 to 2025 · 3 entries · 442 EUR awarded · 442 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 158 EUR | 158 EUR |
| 2024 | 1 | 228 EUR | 228 EUR |
| 2023 | 1 | 56 EUR | 56 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 4,683 companies in sector 66220 we hold annual accounts for 3,228. 2,491 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-05-2013
Fiscal year end31-12
Abbreviation NL
I&FB
Trade name NL
BEXzeker
Activities, NACEBEL 2025
66220Insurance agents and brokers
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.