Private limited company · founded 1987 · 39 years activeChemin des Marronniers(WP) 10, 5100 Namur, BelgiumKBO/BCE: BE 0431.023.359
Summary
INSURANCE SERVICES + 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 €31,785 and a net result of €27,355. Equity is growing by ~58.1% per year across the filed fiscal years. Its solvency ranks better than 22% of 3,319 sector peers (NACE 66, fiscal year 2024). The company has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals.
#4 oldest company in Namur, Finance and insurance sector1 site
Size
€202,993turnover 2024
Staff
2 FTE
Equity
€31,785
Profit
€27,355
Financial health
Financial institution: outside the modelProbability: sector outside the model
Structure
Accounts 69 days overdue0 of 4 deeds read
Signals- Weak solvency vs sectorLatest accounts filed on timeShow the evidence
Checked score
Outside the general model
Checked score
A figure from 0 to 100: the higher it is, the smaller the chance that the company goes bankrupt within twelve months. The band, from Critical to Excellent, follows from that chance; within the band, how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
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.
Bankruptcy probability, 12 months
Bankruptcy probability
The chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. 0.2% means about 2 in 1,000 comparable companies. The higher it is, the shorter the payment term to agree.
This is a financial institution (bank, insurer or financial holding). A bank balance sheet works differently from that of an ordinary trading or manufacturing company. We therefore show no bankruptcy probability rather than a misleading figure.
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 15 days before the deadline; the sector median for financial year 2024 is 5 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (1)
○
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
Annual accounts filedfiscal year 2024 · micro…
Annual accounts filedfiscal year 2023 · micro…
Annual accounts filedfiscal year 2022 · micro…
Key points
Caution: Accounts not fileddeadline was 31-07-202669 days lateView
Positive: Oldest company in Namur, Finance and insurance sectorin the Checked rankings#4View
Positive: 5 profitable years in a rowprofit 2024: €27,3555 yearsView