Insurance, reinsurance and pension funding, except compulsory social security
No bankruptcy in the past five years.
23 companies file their annual accounts outside the standard format, for example in a sector format. Their figures and staff are missing from the employment, the medians and the largest employers.
Show the 23 companies
- Abeille Epargne Retraite
- Abeille Vie Société Anonyme d'Assurances Vie et de Capitalisation
- AG INSURANCE
- ALLIANZ BENELUX
- AMMA VERZEKERINGEN
- AR&CO Insurance
- ARGENTA ASSURANTIES
- Atradius Crédito y Caucion SA de Seguros y Reaseguros
- AXA BELGIUM
- BELGISCH GEMEENSCHAPPELIJK WAARBORGFONDS
- Bureau belge des Assureurs Automobiles - Belgisch Bureau van de Autoverzekeraars
- CHUBB EUROPEAN GROUP SE
- D.A.S. société anonyme belge d'Assurances de Protection juridique - D.A.S. Belgische Rechtsbijstandsverzekringsmaatschappij, naamloze vennootschap
- ETHIAS
- EULER HERMES
- INTER PARTNER ASSISTANCE
- KBC VERZEKERINGEN
- Lloyd's Insurance Company
- P & V Verzekeringen
- RDV-INVEST
- XL Catlin Services SE
- YUZZU
- Zurich Insurance Europe AG
Filed accounts
NACE 65122 · financial year 2025 · 53 filed annual accounts| Per financial year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Median solvency | 31.1% | 34.0% | 42.3% | 36.3% | 41.2% | 44.0% |
| Median net result | €32,755 | €38,246 | €47,565 | €34,693 | €48,690 | €54,318 |
Hold your customer's or competitor's figures against them in the Sector benchmark
Spread across the country
by region and province · 119 of 120 enterprises with a registered office on file · a sole trader has no published seat- Flanders
- Brussels
- Wallonia
- Abroad
The balance sheets of division 65 on the map, by municipality and down to the address
Largest employers
NACE 65122 as first main activity · staff from the latest accounts- 1 QOVERBrussels 116 FTEfinancial year 2025
- 2 HOMERASBrussels 55.0 FTEfinancial year 2025
- 3 PROMISIA ASSURANCESMalmedy 7.9 FTEfinancial year 2025
- 4 Andenne Assur-FinanceAndenne 7.1 FTEfinancial year 2025
- 5 PRO AKTIEF VERZEKERINGENBorgloon 6.4 FTEfinancial year 2025
Joint committees
from the latest accounts of 17 companies- 307 Insurance brokers and agencies 15
- 200 Auxiliary committee for white-collar workers 1
- 312 Department stores 1
Source: the annual accounts at the National Bank. One filing can name more than one committee.
Division 65: Insurance and pension funding
Related activities
3 other activities| Activity | Registrations | Starters, 12 months | Bankruptcies, 12 months | FTE |
|---|---|---|---|---|
| Insurance, reinsurance and pension funding, except compulsory social security65121 | 118 | 4 | 1 | 277 |
| Insurance, reinsurance and pension funding, except compulsory social security65112 | 94 | 0 | 0 | 97 |
| Insurance, reinsurance and pension funding, except compulsory social security65111 | 63 | 0 | 0 | 78 |
Bankruptcies per year in division 65
| Per year | 2015 | 2018 | 2019 | 2020 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Bankruptcies | 4 | 1 | 3 | 1 | 1 | 1 | 1 | 1 |
| Jobs lost | 6 | 1 | 6 | 1 | 2 | 2 | 1 | 1 |
2026 through July. Every bankruptcy, also of companies that have since left the register. Source: Statbel (Directorate-General Statistics), NACE classification of 2008.
Staff cost per FTE in NACE division 65
47 employers| Size | Median | Middle half | Employers |
|---|---|---|---|
| fewer than 10 FTE | €68,300 | €60,100 to €85,200 | 36 |
Employers with the highest staff cost per FTE in this division All sectors by staff cost In the Analysis workbench
Foreign control in NACE division 65
414 registered companiesMain parent countries: Germany (6), Luxembourg (3) and France (2).Show on the map by municipality
Subsidies in this sector
per register · legal entities with an enterprise number- Flemish subsidies €1.7m awarded
- Federal transfers 29,057 amount as published
- EU budget €165.5m attributed share
- EU research €3.0m EU contribution
Insights on Insurance, reinsurance and pension funding, except compulsory social security
Balance sheet and result. The median net result of €54,318 is above Belgium's €16,492. 1.9% of the annual accounts show negative equity, against 12.4% in Belgium. Return on equity of 25.8% is above Belgium's 15.9%.
Inflow and structure. Brussels holds 33.0% of the seats, against 12.5% in Belgium. Half of the companies are younger than 16.9 years, against 8.1 years in Belgium. 0.8% of the companies are sole traders, against 41.6% in Belgium.
Staff and filing. 28.0% of the financial year 2024 accounts were filed late, against 38.4% in Belgium. The 5 largest employers hold 193 of the 213 FTE: 90.3%.
Direction. Median solvency rose from 31.1% in financial year 2020 to 44.0% in financial year 2025. The median net result rose from €32,755 in financial year 2020 to €54,318 in financial year 2025.
The comparison with Belgium as a whole and with the other divisions is as of 10-11-2026 05:30.
Method and sources
Every company registered today counts under its main activities in the KBO. Establishment units do not count. Staff counts once, under the employer's first main activity, from its latest accounts and only where it fits the staff costs. The count follows the NACE 2025 classification, the version in which code 65122 exists.
The bankruptcies over five years count only companies still registered today, because the activity of a company that left the register is not kept. So they are fewer than the bankruptcies of those years, and the figure is not a probability for the future. Over twelve months the count is nearly complete, because a bankrupt company stays registered while its bankruptcy runs. A company with more than one main activity counts in each of those sectors.
The comparison with Belgium as a whole and with the other NACE divisions rests on an overview of every division, counted again each night. Each division is counted in the version of the NACE classification in which it exists. A standing such as "more than in 80%" compares with the other divisions that have the figure. A division's bankruptcy probability is the median over its companies with a score. Belgium here counts the 1,276,421 companies with a main activity, because only those belong to a division. The other 699,557 registrations publish no activity.
Each median is the value of the middle company, computed over the annual accounts of financial year 2025, and is shown only from 30 accounts. A share (loss-making, negative equity) counts that year's accounts with that trait. Accounts are late when they are filed after the statutory deadline. The direction per financial year follows the companies still registered today. Missing or 90 days late counts the companies with accounts missing today, or whose latest were filed more than 90 days after the deadline. The dossier follows the same rule.