Summary
Naveau 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 €365,711 and a net result of €127,798. Equity is growing by ~3.6% per year across the filed fiscal years. Its solvency ranks better than 17% of 503 sector peers (fiscal year 2025). The company has been active since 1976 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
What they do
Insurance agents and brokers
NACE 66220NACE 67201
#3 oldest company in Sivry-Rance3 sites
How big
€3.2mturnover 2025
- Staff
- 14.7 FTE
- Equity
- €365,711
- Profit
- €127,798
Financially healthy?
Financial institution: outside the modelProbability: sector outside the model
Who decides
- Parent
- RANCINVEST · 100%
- Board
- 2 members
Accounts 11 d early1 of 18 deeds read
Signals- Weak solvency vs sectorLatest 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.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 503 sector peers (2025).
NBB · sector comparisonPosition among 503 sector peers
Solvency
better than 17%
← 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 20-07-2026, 11 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
11 d early
2024
47 d late
2023
51 d early
2022
35 d early
2021
12 d early
2020
18 d early
2019
52 d early
← 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 19 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 (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 19 July (4 of the last 5 filed years within 38 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
- Reappointments: Bénédicte Blaise (director) and RANCINVEST…State Gazette act
- Annual accounts filedfiscal year 2025 · full…
- Highest result since 2018net €127,798 ▲203%
Financials
Fiscal year 2025Turnover €3.2mProfit €127,798Solvency 10.6%Liquidity 0.39
Turnover
€3.2m▲ 52.4%
2023 - 2025
Net result
€127,798▲ 203%
2018 - 2025
Equity
€365,711▲ 383%
2018 - 2025
Staff (FTE)
14.7▲ 0.7%
2018 - 2025
Financials · fiscal year 2025, full schema
In the rankings
#3 oldest company in Sivry-Rance#4 company by total assets in Sivry-Rance#9 employer in Hainaut, Auxiliary financial services sector
Trend over the years
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 66, Activities auxiliary to financial services and insurance activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€1.9m€2.1m▲ 9.8%€3.2m▲ 52.4%
Operating result€0.2m▲ 20.1%€0.1m▼ 47.0%-€0.02m€0.2m€0.5m▲ 156%
Net result€0.04mwithin the sector's middle half▲ 22.8%-€0.04mbelow the sector's middle half-€0.2mbelow the sector's middle half▼ 406%€0.04mwithin the sector's middle half€0.1mwithin the sector's middle half▲ 203%
Equity€0.3mwithin the sector's middle half▲ 21.1%€0.2mwithin the sector's middle half▼ 14.3%€0.03mbelow the sector's middle half▼ 84.4%€0.08mbelow the sector's middle half▲ 126%€0.4mwithin the sector's middle half▲ 383%
Total assets€1.5mwithin the sector's middle half▼ 12.1%€1.3mwithin the sector's middle half▼ 9.8%€1.7mwithin the sector's middle half▲ 27.1%€2.3mwithin the sector's middle half▲ 32.3%€3.4mwithin the sector's middle half▲ 53.0%
Debt€1.2m▼ 16.8%€1.1m▼ 8.9%€1.7m▲ 49.4%€2.2m▲ 30.8%€3.0m▲ 40.9%
Working capital-€0.3mbelow the sector's middle half▼ 362%-€0.3mbelow the sector's middle half▼ 14.4%-€0.6mbelow the sector's middle half▼ 78.2%-€0.9mbelow the sector's middle half▼ 60.8%-€1.2mbelow the sector's middle half▼ 31.0%
Solvency16.9%within the sector's middle half▲ 4.6pp16.1%within the sector's middle half▼ 0.8pp2.0%below the sector's middle half▼ 14.1pp3.4%below the sector's middle half▲ 1.4pp10.6%below the sector's middle half▲ 7.3pp
Current ratio0.63below the sector's middle half▼ 0.270.59below the sector's middle half▼ 0.040.42below the sector's middle half▼ 0.170.41below the sector's middle half▼ 0.010.39below the sector's middle half▼ 0.03
Return on assets (ROA)2.9%within the sector's middle half▲ 0.8pp-2.7%below the sector's middle half▼ 5.6pp-10.7%below the sector's middle half▼ 8.0pp1.9%within the sector's middle half▲ 12.6pp3.7%within the sector's middle half▲ 1.8pp
Staff (FTE)12.5above the sector's middle half▼ 5.3%12.6above the sector's middle half▲ 0.8%13.4above the sector's middle half▲ 6.3%14.6above the sector's middle half▲ 9.0%14.7above the sector's middle half▲ 0.7%
above
within
below
the middle half (P25 to P75) of NACE 66, Activities auxiliary to financial services and insurance activities, each year against the same schema; no band under 30 filings.
Result and balance sheet
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 156% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.4m
Fixed assets
€2.7m ▲ 68.0%
Current assets
€779,823 ▲ 17.3%
Equity and liabilities €3.4m
Equity
€365,711 ▲ 383%
Provisions
€32,440 ▲ 149%
Debt
€3.0m ▲ 40.9%
Debt's share of the balance-sheet total falls from 96.1% to 88.4%. Equity and debt are higher.
Key figures and ratios
Key figures and ratios
ROE
34.9%▼
2024 · 55.7%
Debt ≤ 1 year
€2.0m▲
2024 · €1.6m
Debt > 1 year
€953,434▲
2024 · €530,496
Income taxes
€64,723▲
2024 · €937
Staff costs
€1.1m▲
2024 · €946,985
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | - | €1.9m | €2.1m | €3.2m | ▲ 52.4% |
| Non-recurring operating income76A | €0.02m | €0.004m | €0.002m | €0.001m | €0 | ▼ 100% |
| Goods, raw materials, services and sundry goods60/61 | - | - | €1.1m | €1.1m | €2.0m | ▲ 88.3% |
| Remuneration, social security and pensions62 | €0.6m | €0.7m | €0.8m | €0.9m | €1.1m | ▲ 16.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.1m | €0.1m | €0.1m | €0.2m | €0.3m | ▲ 84.9% |
| Other operating charges640/8 | €0.03m | €0.03m | €0.1m | €0.04m | €0.05m | ▲ 22.9% |
| Gross operating margin9900 | €1.0m | €1.0m | €1.0m | €1.3m | €1.9m | ▲ 43.7% |
| Operating profit (loss)9901 | €0.2m | €0.1m | -€0.02m | €0.2m | €0.5m | ▲ 156% |
| Financial income75/76B | €0.009m | €0.002m | €0.003m | €0.003m | €0.01m | ▲ 265% |
| Recurring financial income75 | €0.009m | €0.002m | €0.003m | €0.003m | €0.01m | ▲ 265% |
| Financial charges65/66B | €0.1m | €0.1m | €0.2m | €0.1m | €0.3m | ▲ 85.9% |
| Recurring financial charges65 | €0.1m | €0.1m | €0.2m | €0.1m | €0.3m | ▲ 85.9% |
| Profit (loss) for the period before taxes9903 | €0.08m | -€0.02m | -€0.2m | €0.04m | €0.2m | ▲ 413% |
| Transfer from deferred taxes780 | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | = |
| Transfer to deferred taxes680 | - | - | - | - | €0.02m | - |
| Income taxes67/77 | €0.04m | €0.01m | €474 | €0.001m | €0.06m | ▲ 6,807% |
| Profit (loss) for the period9904 | €0.04m | -€0.04m | -€0.2m | €0.04m | €0.1m | ▲ 203% |
| Transfer from tax-exempt reserves789 | €0.004m | €0.004m | €0.004m | €0.004m | €0.004m | = |
| Transfer to tax-exempt reserves689 | - | - | - | - | €0.06m | - |
| Profit (loss) for the period to be appropriated9905 | €0.05m | -€0.03m | -€0.2m | €0.05m | €0.07m | ▲ 47.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.5m | €1.3m | €1.7m | €2.3m | €3.4m | ▲ 53.0% |
| Fixed assets21/28 | €1.0m | €0.9m | €1.3m | €1.6m | €2.7m | ▲ 68.0% |
| Intangible fixed assets21 | €0.009m | €0.006m | €0.02m | €0.4m | €0.3m | ▼ 10.5% |
| Tangible fixed assets22/27 | €1.0m | €0.8m | €1.2m | €1.1m | €2.0m | ▲ 73.1% |
| Land and buildings22 | €0.3m | €0.3m | €0.3m | €0.2m | €0.2m | ▼ 4.8% |
| Plant, machinery and equipment23 | €0.08m | €0.07m | €0.5m | €0.4m | €0.4m | ▼ 12.6% |
| Furniture and vehicles24 | €0.1m | €0.04m | €0.09m | €0.07m | €0.2m | ▲ 170% |
| Leasing and similar rights25 | €0.07m | €0.05m | €0.04m | €0.03m | €0.01m | ▼ 53.8% |
| Other tangible fixed assets26 | €0.4m | €0.4m | €0.4m | €0.4m | €1.2m | ▲ 214% |
| Financial fixed assets28 | €0.02m | €0.02m | €0.02m | €0.07m | €0.4m | ▲ 384% |
| Current assets29/58 | €0.5m | €0.5m | €0.4m | €0.7m | €0.8m | ▲ 17.3% |
| Amounts receivable within one year40/41 | €0.3m | €0.3m | €0.3m | €0.3m | €0.4m | ▲ 37.4% |
| Trade receivables40 | €0.3m | €0.2m | €0.2m | €0.3m | €0.4m | ▲ 33.4% |
| Other amounts receivable41 | €0.03m | €0.03m | €0.03m | €0.04m | €0.06m | ▲ 65.6% |
| Cash at bank and in hand54/58 | €0.2m | €0.2m | €0.1m | €0.3m | €0.3m | ▼ 7.3% |
| Deferred charges and accrued income490/1 | €0.04m | €0.05m | €0.04m | €0.05m | €0.07m | ▲ 50.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.5m | €1.3m | €1.7m | €2.3m | €3.4m | ▲ 53.0% |
| Equity10/15 | €0.3m | €0.2m | €0.03m | €0.08m | €0.4m | ▲ 383% |
| Contributions10/11 | €0.1m | €0.1m | €0.1m | €0.1m | €0.2m | ▲ 61.6% |
| Capital10 | €0.1m | €0.1m | €0.1m | €0.1m | €0.2m | ▲ 61.6% |
| Issued capital100 | €0.1m | €0.1m | €0.1m | €0.1m | €0.2m | ▲ 61.6% |
| Reserves13 | €0.05m | €0.05m | €0.04m | €0.04m | €0.1m | ▲ 172% |
| Non-distributable reserves130/1 | €0.01m | €0.01m | €0.01m | €0.01m | €0.02m | ▲ 47.4% |
| Legal reserve130 | €0.01m | €0.01m | €0.01m | €0.01m | €0.02m | ▲ 47.4% |
| Tax-exempt reserves132 | €0.04m | €0.03m | €0.03m | €0.03m | €0.09m | ▲ 236% |
| Profit (loss) carried forward14 | €0.07m | €0.04m | -€0.1m | -€0.09m | €0.05m | ▲ 153% |
| Provisions and deferred taxes16 | €0.02m | €0.02m | €0.01m | €0.01m | €0.03m | ▲ 149% |
| Deferred taxes168 | €0.02m | €0.02m | €0.01m | €0.01m | €0.03m | ▲ 149% |
| Amounts payable17/49 | €1.2m | €1.1m | €1.7m | €2.2m | €3.0m | ▲ 40.9% |
| Amounts payable after more than one year17 | €0.4m | €0.3m | €0.6m | €0.5m | €1.0m | ▲ 79.7% |
| Financial debts170/4 | €0.4m | €0.3m | €0.6m | €0.5m | €1.0m | ▲ 79.7% |
| Amounts payable within one year42/48 | €0.8m | €0.8m | €1.0m | €1.6m | €2.0m | ▲ 25.4% |
| Current portion of amounts payable after more than one year42 | €0.2m | €0.1m | €0.09m | €0.09m | €0.2m | ▲ 117% |
| Financial debts43 | €0.07m | €0.09m | €0.1m | €0.09m | €0.1m | ▲ 38.3% |
| Credit institutions430/8 | €0.07m | €0.09m | €0.1m | €0.09m | €0.1m | ▲ 38.3% |
| Trade debts44 | €0.2m | €0.1m | €0.2m | €0.4m | €0.3m | ▼ 20.0% |
| Suppliers440/4 | €0.2m | €0.1m | €0.2m | €0.4m | €0.3m | ▼ 20.0% |
| Taxes, remuneration and social security45 | €0.09m | €0.1m | €0.1m | €0.1m | €0.1m | ▼ 8.0% |
| Taxes450/3 | €0.01m | €0.01m | €0.01m | €0.01m | €0.02m | ▲ 31.2% |
| Remuneration and social security454/9 | €0.08m | €0.1m | €0.1m | €0.1m | €0.1m | ▼ 12.5% |
| Other amounts payable47/48 | €0.3m | €0.3m | €0.5m | €0.9m | €1.2m | ▲ 42.7% |
| Accrued charges and deferred income492/3 | €0.01m | €0.01m | €0.02m | €0.02m | €0.07m | ▲ 266% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.04m | -€0.04m | -€0.2m | €0.04m | €0.1m | ▲ 203% |
| + Depreciation and write-downs630 | €0.1m | €0.1m | €0.1m | €0.2m | €0.3m | ▲ 84.9% |
| Operating cash flow (approximation) | €0.2m | €0.08m | -€0.04m | €0.2m | €0.4m | ▲ 110% |
| Investment in fixed assets (approximation) | - | €0.01m | -€0.6m | -€0.5m | -€1.4m | ▼ 194% |
| Change in cash | - | €0.02m | -€0.04m | €0.2m | -€0.02m | ▼ 112% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
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Of 4,671 companies in this sector we hold annual accounts for 3,221. 2,694 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Board & ownership
2 directorsParent RANCINVEST · 100%
Directors
Directors
2 directors
Bénédicte Blaise
CurrentDirector
RANCINVEST
CurrentDirector · Public limited company
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
17 of this company's 18 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Mandate history
2 people since 2026, 2 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Bénédicte Blaise |
|
| RANCINVEST |
|
Structure & network
Owners and holdings
1 ownerChain of control
- RANCINVEST
- Naveau
Highest known parent: RANCINVEST. The sources do not say who stands above it.
Owners 1
- RANCINVESTparentSourceaccounts RANCINVEST 2025100%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
2 current directorsThe board mandates are listed below; here you explore them as a network.
This company
Company
Director
Shareholding
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Timeline
17 eventsLatest 26-08-2026Next filing 31-07-2027
History
Acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
26-08
State Gazette act
Reappointments: Bénédicte Blaise (director) and RANCINVEST (director)3 facts ▸
State Gazette act
Reappointments: Bénédicte Blaise (director) and RANCINVEST (director)
3 facts ▸
- General meeting, 27-06-2026
- Director reappointment, Bénédicte Blaise (director)
- Director reappointment, RANCINVEST (director)
20-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Highest result since 2018net €127,798 ▲203%
Operating result €469,492, net result €127,798, both a record.
31-12
Financial
Equity above €200,000Eq €365,711 ▲383%
2 profitable years in a row build equity to €365,711.
16-09
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 47 days late
2024
31-12
Financial
Back to profitnet €42,207
Net result €42,207 after 2 loss-making years.
10-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Weakest financial yearnet -€181,794
Net result drops to -€181,794, the lowest in the series; recovery starts the following year.
26-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
19-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
13-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Back to profitnet €35,633
Net result €35,633 after one loss-making year.
Show earlier events
31-12
Financial
Equity above €200,000Eq €207,534 ▲20.7%
Equity rises from €171,901 to €207,534.
09-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
21-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
10-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
20-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 18 acts read
About the unread acts
Of the 18 Belgian State Gazette acts we know for this company, 1 has been read. The other 17 have not been read yet: what they contain is neither established nor disproved here.
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Support & recognitions
1 register with a recognitionLEI issued
LEI
active
254900UWLY2CA0PIU773
Recognitions · licences · registrations
Legal Entity Identifier
254900UWLY2CA0PIU773
Company details
Public limited company · founded 22-12-1976Year ends 31-12Peppol reachable3 sites
Register details
Identification
Legal formPublic limited company
Founded22-12-1976
Fiscal year end31-12
Activities, NACEBEL 2025
66220Insurance agents and brokers
E-invoicing
Reachable via Peppol
Peppol ID
0208:0417149389
Registered
20-11-2020
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Sites & property
Location & real-estate footprint
Registered office, Sivry-Rance · 3 establishment units since 1977
Ground area
2,208 m²
Building footprint
1,181 m²
Volume, LiDAR
17,399 m³
3 parcels, Brussels, Wallonia · tallest building 23.2 m, ±6 floors. Linked by address, not a title deed.
3 establishment units
Rue 't Serstevens(THN) 16-18, 6530 Thuin
since 1977unit no. 2.013.060.103
Grand Rue 54, 6470 Sivry-Rance
since 2008unit no. 2.172.582.640
NAVEAU
since 2013unit no. 2.219.383.952
3 parcels
Wallonia
2
(66.7%)
Brussels
1
(33.3%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21018A0172/00H002 | Brussels | 1,612 m² | 1 · 810 m² | 23.1 m · 6 fl. |
| 56078E0003/00F008indicative | Wallonia | 440 m² | 1 · 83 m² | 11.3 m · 3 fl. |
| 56061B0199/00N002indicative | Wallonia | 157 m² | 1 · 289 m² | 11.0 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Go further with this company
How much credit can you give this customer, and on what term?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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