Summary
vince 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 €110,629 and a net result of €45,379. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 20% of 2,983 sector peers (NACE 66, financial year 2025). The company has been active since 1992 and the Belgian Official Gazette contains no insolvency or warning signals.
Financials · financial year 2025, micro format
In the rankings
#5 oldest company in Grimbergen, 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, 2026-00474744.
Equity
€110,629▲ 69.5%
2024 · €65,250
Net result
€45,379▼ 25.5%
2024 · €60,925
Total assets
€884,555▼ 4.7%
2024 · €928,008
Solvency
12.5%▲ 5.5pp
2024 · 7.0%
Trend over the years
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result falls in 2025; 2025 is 8% below 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€103,674
2025
Net result€45,379
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€884,555
2025
Equity€110,629
2025
Debt€773,926
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€3,912
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)5.1%
2025
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency12.5%
2025
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio1.01
2025
Average staff in full-time equivalents (FTE).
Staff (FTE)2.7
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), Staff (FTE).
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result€26,843-€20,161▼ 24.9%€20,077▼ 0.4%€10,703▼ 46.7%-€19,175€56,921€113,038▲ 98.6%€103,674▼ 8.3%
Net result€2,466-€880▼ 64.3%€2,149below the sector's middle half▲ 144%-€7,056below the sector's middle half-€37,018below the sector's middle half▼ 425%€27,517within the sector's middle half€60,925within the sector's middle half▲ 121%€45,379within the sector's middle half▼ 25.5%
Equity€17,852-€18,732▲ 4.9%€20,882below the sector's middle half▲ 11.5%€13,826below the sector's middle half▼ 33.8%-€23,192below the sector's middle half€4,325below the sector's middle half€65,250within the sector's middle half▲ 1,409%€110,629within the sector's middle half▲ 69.5%
Total assets€367,500-€391,788▲ 6.6%€462,743within the sector's middle half▲ 18.1%€419,358within the sector's middle half▼ 9.4%€516,814within the sector's middle half▲ 23.2%€555,124within the sector's middle half▲ 7.4%€928,008above the sector's middle half▲ 67.2%€884,555above the sector's middle half▼ 4.7%
Debt€349,648-€373,056▲ 6.7%€441,861▲ 18.4%€405,531▼ 8.2%€540,006▲ 33.2%€550,799▲ 2.0%€862,758▲ 56.6%€773,926▼ 10.3%
Working capital-€57,247--€54,154▲ 5.4%€37,747within the sector's middle half€74,030within the sector's middle half▲ 96.1%€53,150within the sector's middle half▼ 28.2%€55,919within the sector's middle half▲ 5.2%€114,404within the sector's middle half▲ 105%€3,912within the sector's middle half▼ 96.6%
Solvency4.9%-4.8%▼ 0.1pp4.5%below the sector's middle half▼ 0.3pp3.3%below the sector's middle half▼ 1.2pp-4.5%below the sector's middle half▼ 7.8pp0.8%below the sector's middle half▲ 5.3pp7.0%below the sector's middle half▲ 6.3pp12.5%below the sector's middle half▲ 5.5pp
Current ratio0.46-0.64▲ 0.181.22within the sector's middle half▲ 0.591.55within the sector's middle half▲ 0.321.29within the sector's middle half▼ 0.261.22within the sector's middle half▼ 0.071.47within the sector's middle half▲ 0.251.01within the sector's middle half▼ 0.46
Return on assets (ROA)0.7%-0.2%▼ 0.4pp0.5%below the sector's middle half▲ 0.2pp-1.7%below the sector's middle half▼ 2.1pp-7.2%below the sector's middle half▼ 5.5pp5.0%within the sector's middle half▲ 12.1pp6.6%within the sector's middle half▲ 1.6pp5.1%within the sector's middle half▼ 1.4pp
Staff (FTE)1.1-1▼ 9.1%1within the sector's middle half=1=1.5▲ 50.0%2.1▲ 40.0%2.4▲ 14.3%2.7▲ 12.5%
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.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €884,555
Fixed assets
€566,230 ▼ 0.8%
Current assets
€318,325 ▼ 11.0%
Equity and liabilities €884,555
Equity
€110,629 ▲ 69.5%
Debt
€773,926 ▼ 10.3%
Debt's share of the balance-sheet total falls from 93.0% to 87.5%. Equity is higher and debt is lower.
Key figures and ratios
ROE
41.0%▼
2024 · 93.4%
Debt ≤ 1 year
€314,414▲
2024 · €243,071
Debt > 1 year
€458,800▼
2024 · €618,895
Income taxes
€20,007▼
2024 · €23,781
Staff costs
€159,121▲
2024 · €140,947
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 |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €11,076 | €0 | €20,424 | €24 | €0 | ▼ 100% |
| Remuneration, social security and pensions62 | - | - | - | €59,634 | €82,512 | €114,228 | €140,947 | €159,121 | ▲ 12.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €54,043 | €53,768 | €54,478 | €55,489 | €62,755 | €51,507 | €58,260 | €74,211 | ▲ 27.4% |
| Other operating charges640/8 | - | - | - | €3,101 | €3,811 | €2,270 | €1,942 | €2,758 | ▲ 42.0% |
| Gross operating margin9900 | €141,824 | €130,282 | €131,933 | €128,928 | €129,904 | €224,926 | €314,187 | €339,764 | ▲ 8.1% |
| Operating profit (loss)9901 | €26,843 | €20,161 | €20,077 | €10,703 | -€19,175 | €56,921 | €113,038 | €103,674 | ▼ 8.3% |
| Financial income75/76B | - | - | - | €5 | €63 | €54 | €56 | €1 | ▼ 98.6% |
| Recurring financial income75 | €4 | €10 | €46 | €5 | €63 | €54 | €56 | €1 | ▼ 98.6% |
| Financial charges65/66B | - | - | - | €15,350 | €17,431 | €21,089 | €28,388 | €38,289 | ▲ 34.9% |
| Recurring financial charges65 | €13,209 | €12,860 | €13,728 | €15,350 | €17,431 | €21,089 | €28,388 | €38,289 | ▲ 34.9% |
| Profit (loss) for the period before taxes9903 | €13,637 | €7,311 | €6,395 | -€4,641 | -€36,543 | €35,885 | €84,706 | €65,386 | ▼ 22.8% |
| Income taxes67/77 | €11,171 | €6,431 | €4,245 | €2,414 | €475 | €8,368 | €23,781 | €20,007 | ▼ 15.9% |
| Profit (loss) for the period9904 | €2,466 | €880 | €2,149 | -€7,056 | -€37,018 | €27,517 | €60,925 | €45,379 | ▼ 25.5% |
| Profit (loss) for the period to be appropriated9905 | €2,466 | €880 | €2,149 | -€7,056 | -€37,018 | €27,517 | €60,925 | €45,379 | ▼ 25.5% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €367,500 | €391,788 | €462,743 | €419,358 | €516,814 | €555,124 | €928,008 | €884,555 | ▼ 4.7% |
| Fixed assets21/28 | €319,034 | €296,446 | €256,754 | €210,089 | €277,747 | €244,915 | €570,534 | €566,230 | ▼ 0.8% |
| Intangible fixed assets21 | €139,950 | €113,498 | €86,678 | €57,830 | €126,727 | €101,604 | €452,477 | €461,196 | ▲ 1.9% |
| Tangible fixed assets22/27 | €178,984 | €182,849 | €169,977 | €152,160 | €150,922 | €142,937 | €117,683 | €104,659 | ▼ 11.1% |
| Land and buildings22 | - | - | - | €116,463 | €107,706 | €96,429 | €85,151 | €73,966 | ▼ 13.1% |
| Plant, machinery and equipment23 | - | - | - | €18,611 | €19,213 | €18,291 | €15,200 | €15,214 | ▲ 0.1% |
| Furniture and vehicles24 | - | - | - | €17,086 | €24,003 | €28,218 | €17,332 | €15,479 | ▼ 10.7% |
| Financial fixed assets28 | €99 | €99 | €99 | €99 | €99 | €374 | €374 | €374 | = |
| Current assets29/58 | €48,466 | €95,342 | €205,989 | €209,269 | €239,067 | €310,209 | €357,474 | €318,325 | ▼ 11.0% |
| Amounts receivable within one year40/41 | €22,384 | €23,503 | €23,721 | €35,412 | €55,738 | €100,486 | €36,861 | €29,263 | ▼ 20.6% |
| Trade receivables40 | - | - | - | €30,514 | €27,315 | €100,486 | €36,861 | €20,339 | ▼ 44.8% |
| Other amounts receivable41 | - | - | - | €4,899 | €28,424 | €0 | - | €8,924 | - |
| Cash at bank and in hand54/58 | €928 | €6,814 | €7,152 | €3,037 | €8,248 | €1,988 | €6,284 | €1,787 | ▼ 71.6% |
| Deferred charges and accrued income490/1 | - | - | - | €170,820 | €175,080 | €207,735 | €314,329 | €287,276 | ▼ 8.6% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €367,500 | €391,788 | €462,743 | €419,358 | €516,814 | €555,124 | €928,008 | €884,555 | ▼ 4.7% |
| Equity10/15 | €17,852 | €18,732 | €20,882 | €13,826 | -€23,192 | €4,325 | €65,250 | €110,629 | ▲ 69.5% |
| Contributions10/11 | €35,000 | €35,000 | - | €35,000 | €35,000 | €35,000 | €35,000 | €35,000 | = |
| Reserves13 | €3,500 | €3,500 | €3,500 | €3,500 | €3,500 | €3,500 | €3,500 | €3,500 | = |
| Non-distributable reserves130/1 | - | - | - | €3,500 | €3,500 | €0 | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €3,500 | €3,500 | €0 | - | - | - |
| Distributable reserves133 | - | - | - | - | - | €3,500 | €3,500 | €3,500 | = |
| Profit (loss) carried forward14 | -€20,648 | -€19,768 | -€17,618 | -€24,674 | -€61,692 | -€34,175 | €26,750 | €72,129 | ▲ 170% |
| Amounts payable17/49 | €349,648 | €373,056 | €441,861 | €405,531 | €540,006 | €550,799 | €862,758 | €773,926 | ▼ 10.3% |
| Amounts payable after more than one year17 | €243,029 | €223,357 | €272,971 | €269,495 | €352,625 | €295,494 | €618,895 | €458,800 | ▼ 25.9% |
| Financial debts170/4 | - | - | - | €269,495 | €352,625 | €295,494 | €482,952 | €394,580 | ▼ 18.3% |
| Other amounts payable178/9 | - | - | - | - | - | - | €135,943 | €64,220 | ▼ 52.8% |
| Amounts payable within one year42/48 | €105,713 | €149,496 | €168,242 | €135,239 | €185,916 | €254,290 | €243,071 | €314,414 | ▲ 29.4% |
| Current portion of amounts payable after more than one year42 | - | - | - | €55,538 | €60,302 | €56,081 | €109,189 | €115,223 | ▲ 5.5% |
| Financial debts43 | - | - | - | €56,098 | €91,374 | €45,788 | €71,044 | €121,670 | ▲ 71.3% |
| Credit institutions430/8 | - | - | - | €56,098 | €91,374 | €45,788 | €71,044 | €121,670 | ▲ 71.3% |
| Trade debts44 | €7,105 | €71,796 | €61,475 | €14,364 | €24,661 | €31,321 | €22,889 | €25,583 | ▲ 11.8% |
| Suppliers440/4 | - | - | - | €14,364 | €24,661 | €31,321 | €22,889 | €25,583 | ▲ 11.8% |
| Bills of exchange payable441 | - | - | - | €0 | €0 | - | - | - | - |
| Taxes, remuneration and social security45 | - | - | - | €6,337 | €9,555 | €13,942 | €39,949 | €51,938 | ▲ 30.0% |
| Taxes450/3 | - | - | - | - | €730 | €1,574 | €18,356 | €29,800 | ▲ 62.3% |
| Remuneration and social security454/9 | - | - | - | €6,337 | €8,825 | €12,367 | €21,593 | €22,138 | ▲ 2.5% |
| Other amounts payable47/48 | - | - | - | €2,901 | €24 | €107,158 | €0 | - | - |
| Accrued charges and deferred income492/3 | - | - | - | €797 | €1,465 | €1,015 | €793 | €712 | ▼ 10.2% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2,466 | €880 | €2,149 | -€7,056 | -€37,018 | €27,517 | €60,925 | €45,379 | ▼ 25.5% |
| + Depreciation and write-downs630 | €54,043 | €53,768 | €54,478 | €55,489 | €62,755 | €51,507 | €58,260 | €74,211 | ▲ 27.4% |
| Operating cash flow (approximation) | €56,510 | €54,648 | €56,628 | €48,434 | €25,738 | €79,023 | €119,185 | €119,589 | ▲ 0.3% |
| Investment in fixed assets (approximation) | - | -€31,180 | -€14,786 | -€8,824 | -€130,414 | -€18,674 | -€383,879 | -€69,906 | ▲ 81.8% |
| Change in cash | - | €5,886 | €338 | -€4,115 | €5,211 | -€6,260 | €4,295 | -€4,497 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 33 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 31-08-2026 | 2026-00474744 |
| 31-12-2024 | micro format | 18-07-2025 | 2025-00317279 |
| 31-12-2023 | micro format | 17-07-2024 | 2024-00255094 |
| 31-12-2022 | micro format | 12-09-2023 | 2023-00446462 |
| 31-12-2021 | micro format | 14-07-2022 | 2022-20186020 |
| 31-12-2020 | micro format | 30-08-2021 | 2021-65700601 |
| 31-12-2019 | micro format | 07-10-2020 | 2020-61200329 |
| 31-12-2018 | micro format | 30-08-2019 | 2019-62200529 |
| 31-12-2017 | micro format | 28-09-2018 | 2018-67900213 |
| 31-12-2016 | micro format | 28-09-2017 | 2017-64600003 |
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Of the 4,608 active companies whose main activity is insurance agents and brokers (NACE 66220), figures are known for 3,208. 2,712 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.