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Marsh Re (Belgium)

Active Risk: not assessed
Public limited companyfounded 1981active for 45 yearsHerrmann-Debrouxlaan 2, 1160 Oudergem, BelgiumKBO/BCE: BE 0421.850.327
Summary

Marsh Re (Belgium) 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 €1.4m and a net result of €1.8m. Equity is shrinking by about 4.2% per year across the filed financial years. Its solvency ranks better than 13% of 40 sector peers (NACE 65, financial year 2025). The company has been active since 1981 and the Belgian Official Gazette contains no insolvency or warning signals.

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Marsh Re (Belgium)Active
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Overview

Activity
Insurance, reinsurance and pension funding, except compulsory social security
NACE 65112Insurance agents and brokers NACE 66220
3rd oldest company in the Brussels-Capital Region, Insurance and pension funding sector1 site
Size
≈ €17.0mturnover 2025, estimated
Staff
17 FTE
Equity
€1.4m
Profit
€1.8m
Turnover estimated from the gross margin
Financial health
Financial institution: outside the modelBankruptcy probability: sector outside the model
Structure
Parent
Marsh & McLennan Companies Finance Center s.à.r.l. · 99.79%
Auditor: Deloitte & Touche2025 accounts 21 days early6 of 27 deeds summarised
Signalsraises riskWeak solvency vs sectorneutralLatest accounts filed on timeShow the evidence

Checked score

Outside the general model
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

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.

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Signals

Two signals.
raises riskneutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 40 sector peers (2025).
NBB · sector comparison
Position among 40 sector peers
Solvency
better than 13%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-07-2026, 21 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
21 days early
2024
30 days early
2023
29 days early
2022
20 days early
2021
6 days early
2020
1 day early
2019
123 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 2 days after the deadline; the sector median (NACE 65) for financial year 2024 is 29 days before the deadline, and 28% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 10 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
28-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Amendment of the articles · NameName change · Capital
  2. Reappointments: Eddy Vanbeneden (director) and Richard…Power of attorney
  3. Annual accounts filedfinancial year 2025 · full…

Key points

  • Caution: Among the weakest 13% on solvencysector median 49.4% · 40 companies 5.3% View
  • Controlled by Marsh & McLennan Companies…known shareholders 100% 99.79% View
  • Positive: Result rose in 2025from €1.2m to €1.8m ▲ 47.3% View
  • Positive: Filed on time since financial year 2020accounts within the deadline every year 6 years View
  • Positive: 6 profitable years in a rowprofit 2025: €1.8m 6 years View
  • Active since 1981founded 15-07-1981 45 years View

By topic

Financials

Financial year
2025
Total assets
€27.2m
Profit
€1.8m
Solvency
5.3%
Turnover▲ 9.9%
Net result
20182020
Go to Financials

Board & ownership

Board
2 members
Parent
Marsh & McLennan Companies… · 99.79%
Known shareholders
100%
Auditor
Deloitte & Touche
  • Eddy VanbenedenDirector
  • Richard CocksDirector
Go to Board & ownership

Timeline

Events
54
Since
1983
Next accounts
by 31-07-2027
  1. 31-12-2025Highest result from 2018 to 2025
  2. 16-07-2025Resignation: Patrick Schepens (director)
  3. 01-07-2025Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Insurance, reinsurance and pension funding, except compulsory social…NACE 65112
Founded
15-07-1981
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
28
Annual meeting
Fourth Thursday of May at 14:00
Purpose
“Toutes activités de courtage, de conseils, d’études, de services, de représentations et…” (deed in French)
Go to Articles of association

Key facts about Marsh Re (Belgium)

What is the company number of Marsh Re (Belgium)?
0421.850.327. In Belgium the VAT number is the company number with BE in front: BE 0421.850.327.
Where is Marsh Re (Belgium) based?
The registered office is at Herrmann-Debrouxlaan 2, 1160 Oudergem.Company details
What does Marsh Re (Belgium) do?
According to the KBO register, the main activity is insurance, reinsurance and pension funding, except compulsory social security (NACE 65112).
What is the legal form of Marsh Re (Belgium)?
Public limited company (NV).
When was Marsh Re (Belgium) founded?
On 15-07-1981.
Is Marsh Re (Belgium) still active?
Yes, Marsh Re (Belgium) is an active enterprise in the KBO register.
How many employees does Marsh Re (Belgium) have?
On average 17 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of Marsh Re (Belgium)?
€6.3m in financial year 2020, according to the filed annual accounts.
Is Marsh Re (Belgium) profitable?
In financial year 2025, Marsh Re (Belgium) made a profit of €1.8m.
Where can I find the annual accounts of Marsh Re (Belgium)?
Marsh Re (Belgium) filed 44 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Marsh Re (Belgium) due?
By 31-07-2027, for financial year 2026.Timeline

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How much credit can you give this customer, and on what payment terms?Credit check What should you check before you do business with this company?Supplier due diligence Is the workforce growing, and do people stay?Employer check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What changed in the latest annual accounts?What changed

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