Summary
S.RIS. Management 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 €103,174 and a net result of €48,001. Equity is growing by about 53% per year across the filed financial years. Its solvency ranks better than 61% of 1,835 sector peers (NACE 66, financial year 2025). The company has been active since 2015 and the Belgian Official Gazette contains no insolvency or warning signals.
Financials · financial year 2025, abbreviated format
In the rankings
#8 oldest company in Hoeilaart, Finance and insurance sector
2025 annual accounts filed late (31 days) Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00475102.
Equity
€103,174▲ 87.0%
2024 · €55,173
Net result
€48,001▲ 578%
2024 · €7,076
Total assets
€205,663▲ 24.1%
2024 · €165,771
Solvency
50.2%▲ 16.9pp
2024 · 33.3%
Trend over the years
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result recovers in 2025; 2025 is 416% 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€64,839
2025
Net result€48,001
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€205,663
2025
Equity€103,174
2025
Debt€102,489
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€113,435
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)23.3%
2025
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency50.2%
2025
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio3.16
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
Turnover€119,244
Operating result-€5,119--€66,664▼ 1,202%€10,485€14,978▲ 42.9%€48,605▲ 225%€30,179▼ 37.9%€12,562▼ 58.4%€64,839▲ 416%
Net result-€4,310--€65,898▼ 1,429%€10,244within the sector's middle half€14,481within the sector's middle half▲ 41.4%€47,565within the sector's middle half▲ 228%€10,306within the sector's middle half▼ 78.3%€7,076within the sector's middle half▼ 31.3%€48,001within the sector's middle half▲ 578%
Equity€30,749--€35,149-€24,905below the sector's middle half▲ 29.1%-€10,424below the sector's middle half▲ 58.1%€37,141within the sector's middle half€47,447within the sector's middle half▲ 27.7%€55,173within the sector's middle half▲ 16.3%€103,174within the sector's middle half▲ 87.0%
Total assets€32,865-€34,625▲ 5.4%€113,912below the sector's middle half▲ 229%€127,302below the sector's middle half▲ 11.8%€154,116within the sector's middle half▲ 21.1%€162,914within the sector's middle half▲ 5.7%€165,771within the sector's middle half▲ 1.8%€205,663below the sector's middle half▲ 24.1%
Debt€2,116-€69,774▲ 3,197%€138,817▲ 99.0%€137,726▼ 0.8%€116,975▼ 15.1%€115,467▼ 1.3%€110,598▼ 4.2%€102,489▼ 7.3%
Working capital€25,171--€2,661€40,716within the sector's middle half€18,160within the sector's middle half▼ 55.4%€62,074within the sector's middle half▲ 242%€68,374within the sector's middle half▲ 10.1%€71,508within the sector's middle half▲ 4.6%€113,435within the sector's middle half▲ 58.6%
Solvency93.6%--101.5%▼ 195.1pp-21.9%below the sector's middle half▲ 79.7pp-8.2%below the sector's middle half▲ 13.7pp24.1%within the sector's middle half▲ 32.3pp29.1%within the sector's middle half▲ 5.0pp33.3%within the sector's middle half▲ 4.2pp50.2%within the sector's middle half▲ 16.9pp
Current ratio12.90-0.81▼ 12.082.93within the sector's middle half▲ 2.121.58within the sector's middle half▼ 1.353.51within the sector's middle half▲ 1.932.90within the sector's middle half▼ 0.602.60within the sector's middle half▼ 0.313.16above the sector's middle half▲ 0.57
Return on assets (ROA)-13.1%--190.3%▼ 177.2pp9.0%within the sector's middle half▲ 199.3pp11.4%within the sector's middle half▲ 2.4pp30.9%above the sector's middle half▲ 19.5pp6.3%within the sector's middle half▼ 24.5pp4.3%within the sector's middle half▼ 2.1pp23.3%above the sector's middle half▲ 19.1pp
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.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €205,663
Fixed assets
€39,801 ▼ 19.5%
Current assets
€165,862 ▲ 42.6%
Equity and liabilities €205,663
Equity
€103,174 ▲ 87.0%
Debt
€102,489 ▼ 7.3%
Debt's share of the balance-sheet total falls from 66.7% to 49.8%. Equity is higher and debt is lower.
Key figures and ratios
ROE
46.5%▲
2024 · 12.8%
Debt ≤ 1 year
€52,427▲
2024 · €44,821
Debt > 1 year
€50,062▼
2024 · €64,908
Income taxes
€17,674▲
2024 · €4,950
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 |
|---|---|---|---|---|---|---|---|---|---|
| Turnover70 | - | €119,244 | - | - | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,232 | €4,844 | €5,541 | €9,673 | €12,387 | €12,109 | €10,880 | €9,641 | ▼ 11.4% |
| Other operating charges640/8 | - | - | - | €879 | €648 | €1,659 | €2,103 | €3,660 | ▲ 74.0% |
| Gross operating margin9900 | -€532 | -€61,155 | €16,989 | €25,530 | €61,640 | €43,947 | €25,545 | €78,140 | ▲ 206% |
| Operating profit (loss)9901 | -€5,119 | -€66,664 | €10,485 | €14,978 | €48,605 | €30,179 | €12,562 | €64,839 | ▲ 416% |
| Financial income75/76B | - | - | - | €2,726 | €1,555 | €852 | €1,598 | €1,883 | ▲ 17.8% |
| Recurring financial income75 | €1,885 | - | €2,168 | €2,726 | €1,555 | €852 | €1,598 | €1,883 | ▲ 17.8% |
| Financial charges65/66B | - | - | - | €3,223 | €2,595 | €2,335 | €2,134 | €1,047 | ▼ 50.9% |
| Recurring financial charges65 | €1,076 | €1,353 | €2,409 | €3,223 | €2,595 | €2,335 | €2,134 | €1,047 | ▼ 50.9% |
| Profit (loss) for the period before taxes9903 | -€4,310 | -€68,017 | €10,244 | €14,481 | €47,565 | €28,696 | €12,026 | €65,675 | ▲ 446% |
| Income taxes67/77 | - | -€2,119 | - | - | - | €18,390 | €4,950 | €17,674 | ▲ 257% |
| Profit (loss) for the period9904 | -€4,310 | -€65,898 | €10,244 | €14,481 | €47,565 | €10,306 | €7,076 | €48,001 | ▲ 578% |
| Profit (loss) for the period to be appropriated9905 | -€4,310 | -€65,898 | €10,244 | €14,481 | €47,565 | €10,306 | €7,076 | €48,001 | ▲ 578% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €32,865 | €34,625 | €113,912 | €127,302 | €154,116 | €162,914 | €165,771 | €205,663 | ▲ 24.1% |
| Fixed assets21/28 | €5,578 | €23,219 | €52,061 | €77,785 | €67,298 | €58,643 | €49,442 | €39,801 | ▼ 19.5% |
| Tangible fixed assets22/27 | €5,578 | €23,219 | €52,061 | €77,785 | €67,298 | €58,643 | €49,442 | €39,801 | ▼ 19.5% |
| Furniture and vehicles24 | - | - | - | €7,077 | €4,032 | €4,535 | €3,578 | €2,181 | ▼ 39.0% |
| Other tangible fixed assets26 | - | - | - | €70,708 | €63,266 | €54,108 | €45,864 | €37,620 | ▼ 18.0% |
| Current assets29/58 | €27,287 | €11,406 | €61,851 | €49,517 | €86,818 | €104,271 | €116,329 | €165,862 | ▲ 42.6% |
| Amounts receivable within one year40/41 | €21,159 | €9,218 | €45,150 | €38,441 | €55,530 | €69,877 | €49,616 | €45,050 | ▼ 9.2% |
| Trade receivables40 | - | - | - | €5,164 | €43,664 | €69,877 | €20,164 | €6,664 | ▼ 67.0% |
| Other amounts receivable41 | - | - | - | €33,277 | €11,866 | - | €29,452 | €38,386 | ▲ 30.3% |
| Cash at bank and in hand54/58 | €5,289 | €1,488 | €16,695 | €11,070 | €31,288 | €32,825 | €66,643 | €119,469 | ▲ 79.3% |
| Deferred charges and accrued income490/1 | - | - | - | €6 | - | €1,569 | €70 | €1,343 | ▲ 1,819% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €32,865 | €34,625 | €113,912 | €127,302 | €154,116 | €162,914 | €165,771 | €205,663 | ▲ 24.1% |
| Equity10/15 | €30,749 | -€35,149 | -€24,905 | -€10,424 | €37,141 | €47,447 | €55,173 | €103,174 | ▲ 87.0% |
| Contributions10/11 | €12,400 | €12,400 | €12,400 | €12,400 | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Capital10 | - | - | - | €12,400 | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Issued capital100 | - | - | - | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Uncalled capital101 | - | - | - | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | €12,110 | €19,760 | €67,761 | ▲ 243% |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Legal reserve130 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | - | - | - | - | - | €10,250 | €17,900 | €65,901 | ▲ 268% |
| Profit (loss) carried forward14 | €16,489 | -€49,409 | -€39,165 | -€24,684 | €22,881 | €22,937 | €23,013 | €23,013 | = |
| Amounts payable17/49 | €2,116 | €69,774 | €138,817 | €137,726 | €116,975 | €115,467 | €110,598 | €102,489 | ▼ 7.3% |
| Amounts payable after more than one year17 | - | €55,707 | €117,682 | €105,500 | €92,231 | €78,701 | €64,908 | €50,062 | ▼ 22.9% |
| Financial debts170/4 | - | - | - | €105,500 | €92,231 | €78,701 | €64,908 | €50,062 | ▼ 22.9% |
| Amounts payable within one year42/48 | €2,116 | €14,067 | €21,135 | €31,357 | €24,744 | €35,897 | €44,821 | €52,427 | ▲ 17.0% |
| Current portion of amounts payable after more than one year42 | - | - | - | €13,015 | €13,270 | €13,529 | €13,794 | €14,064 | ▲ 2.0% |
| Trade debts44 | €1,267 | €2,029 | €5,514 | €13,031 | €11,274 | €7,775 | €14,121 | €22,410 | ▲ 58.7% |
| Suppliers440/4 | - | - | - | €13,031 | €11,274 | €7,775 | €14,121 | €22,410 | ▲ 58.7% |
| Taxes, remuneration and social security45 | - | - | - | €5,311 | €200 | €14,593 | €16,906 | €15,953 | ▼ 5.6% |
| Taxes450/3 | - | - | - | €1,079 | €200 | €12,157 | €14,470 | €15,801 | ▲ 9.2% |
| Remuneration and social security454/9 | - | - | - | €4,232 | - | €2,436 | €2,436 | €152 | ▼ 93.8% |
| Accrued charges and deferred income492/3 | - | - | - | €869 | - | €869 | €869 | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€4,310 | -€65,898 | €10,244 | €14,481 | €47,565 | €10,306 | €7,076 | €48,001 | ▲ 578% |
| + Depreciation and write-downs630 | €3,232 | €4,844 | €5,541 | €9,673 | €12,387 | €12,109 | €10,880 | €9,641 | ▼ 11.4% |
| Operating cash flow (approximation) | -€1,078 | -€61,054 | €15,785 | €24,154 | €59,952 | €22,415 | €17,956 | €57,642 | ▲ 221% |
| Investment in fixed assets (approximation) | - | -€22,485 | -€34,383 | -€35,397 | -€1,900 | -€3,454 | -€1,679 | €0 | - |
| Change in cash | - | -€3,801 | €15,207 | -€5,625 | €20,218 | €1,537 | €33,818 | €52,826 | ▲ 56.2% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (10)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | abbreviated format | 31-08-2026 | 2026-00475102 |
| 31-12-2024 | micro format | 28-08-2025 | 2025-00426083 |
| 31-12-2023 | micro format | 30-08-2024 | 2024-00425194 |
| 31-12-2022 | micro format | 29-08-2023 | 2023-00370476 |
| 31-12-2021 | micro format | 09-07-2022 | 2022-20166866 |
| 31-12-2020 | micro format | 31-08-2021 | 2021-64300529 |
| 31-12-2019 | micro format | 23-10-2020 | 2020-63000036 |
| 31-12-2018 | micro format | 27-08-2019 | 2019-58400601 |
| 31-12-2017 | abbreviated format | 24-07-2018 | 2018-38100047 |
| 31-12-2016 | abbreviated format | 28-07-2017 | 2017-39800364 |
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Of the 4,607 active companies whose main activity is insurance agents and brokers (NACE 66220), figures are known for 3,207. 2,693 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.