INSURO
ActiveINSURO is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €780k and a net result of €226k. Equity is shrinking by ~5.7% per year across the filed fiscal years. Its solvency ranks better than 50% of 1418 sector peers (fiscal year 2024). The company has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals.
Signals
Two signals. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 02-07-2025, 29 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
29 d early
2023
30 d early
2022
11 d early
2021
31 d early
2020
12 d early
2019
91 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€780k▼ 8.7%
2023 · €854k
2018: €818k
2019: €1.06M
2020: €1.36M
2021: €1.50M
2022: €881k
2023: €854k
2018 → 2024
Net result
€226k▼ 46.1%
2023 · €418k
2018: €202k
2019: €242k
2020: €301k
2021: €422k
2022: €378k
2023: €418k
2018 → 2024
Total assets
€1.97M▲ 66.7%
2023 · €1.18M
2018: €1.17M
2019: €1.25M
2020: €1.54M
2021: €1.94M
2022: €1.27M
2023: €1.18M
2018 → 2024
Solvency
39.6%▼ 32.7pp
2023 · 72.3%
2018: 69.7%
2019: 85.1%
2020: 88.5%
2021: 77.6%
2022: 69.1%
2023: 72.3%
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€1.36M-€1.50M▲ 10.4%€881k▼ 41.4%€854k▼ 3.0%€780k▼ 8.7%
Operating result€402k-€427k▲ 6.2%€479k▲ 12.2%€519k▲ 8.2%€313k▼ 39.7%
Net result€301k-€422k▲ 40.2%€378k▼ 10.4%€418k▲ 10.7%€226k▼ 46.1%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 40% below 2023 and is the lowest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.97M
Fixed assets
€1.55M▲ 94.6%
Current assets
€418k▲ 8.9%
Equity and liabilities €1.97M
Equity
€780k▼ 8.7%
Provisions
€0▼ 100%
Debt
€1.19M▲ 264%
The debt ratio rises from 27.7% to 60.4%: debt grows while equity shrinks.
Key figures and ratios
Solvency
39.6%▼
2023 · 72.3%
ROE
28.9%▼
2023 · 49.0%
ROA
11.5%▼
2023 · 35.4%
Debt
€1.19M▲
2023 · €326k
Debt ≤ 1 year
€176k▼
2023 · €316k
Debt > 1 year
€1.01M▲
2023 · €10k
Income taxes
€71k▼
2023 · €100k
Staff costs
€656k▲
2023 · €607k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€1.18M€1.97M▲
Fixed assets21/28€796k€1.55M▲
Intangible fixed assets21€697k€535k▼
Tangible fixed assets22/27€99k€1.01M▲
Land and buildings22€57k€942k▲
Plant, machinery and equipment23€0€7k▲
Furniture and vehicles24€42k€66k▲
Current assets29/58€384k€418k▲
Amounts receivable within one year40/41€132k€141k▲
Trade receivables40€7k€9k▲
Other amounts receivable41€125k€132k▲
Cash at bank and in hand54/58€251k€267k▲
Deferred charges and accrued income490/1€2k€10k▲
Equity and liabilities
Total equity and liabilities10/49€1.18M€1.97M▲
Equity10/15€854k€780k▼
Contributions10/11€19k€19k=
Reserves13€835k€761k▼
Tax-exempt reserves132€42k€42k▼
Distributable reserves133€793k€719k▼
Profit (loss) carried forward14€0€0=
Provisions and deferred taxes16€75€0▼
Deferred taxes168€75€0▼
Amounts payable17/49€326k€1.19M▲
Amounts payable after more than one year17€10k€1.01M▲
Financial debts170/4€10k€1.01M▲
Amounts payable within one year42/48€316k€176k▼
Current portion of amounts payable after more than one year42€92k€70k▼
Trade debts44€7k€15k▲
Suppliers440/4€7k€15k▲
Taxes, remuneration and social security45€67k€86k▲
Taxes450/3€0€19k▲
Remuneration and social security454/9€67k€68k▲
Other amounts payable47/48€151k€5k▼
Income statement
Code20232024
Remuneration, social security and pensions62€607k€656k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€195k€206k▲
Other operating charges640/8€11k€58k▲
Non-recurring operating charges66A-€53k
Gross operating margin9900€1.33M€1.29M▼
Operating profit (loss)9901€519k€313k▼
Financial income75/76B€449€2k▲
Recurring financial income75€449€2k▲
Financial charges65/66B€1k€18k▲
Recurring financial charges65€1k€18k▲
Profit (loss) for the period before taxes9903€518k€297k▼
Transfer from deferred taxes780€75€75=
Income taxes67/77€100k€71k▼
Profit (loss) for the period9904€418k€226k▼
Transfer from tax-exempt reserves789€225€225=
Profit (loss) for the period to be appropriated9905€418k€226k▼
Appropriation of the result
Profit (loss) to be appropriated9906€418k€226k▼
Transfer from equity791/2€300k€300k=
Transfer to equity691/2€273k€226k▼
To other reserves6921€273k€226k▼
Profit to be distributed694/7€445k€300k▼
Return on contributions (dividend)694€300k€300k=
Directors or managers695€145k€0▼
Social balance
Average headcount (FTE)90878.78.8▲
The notes to these accounts (19 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
02-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
20-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Highest result since 2018net €422k ▲40.2%
Net result €422k, the highest in the series.
19-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 91 days late
2019
31-12
Financial
Equity above €1MEq €1.06M ▲29.5%
2 profitable years in a row build equity to €1.06M.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
09-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 9 days late
2017
31-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
28-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Roeselare · 2 establishment units since 2003
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Westlaan 2158800 RoeselareGround area
2,306 m²
Building footprint
577 m²
Volume, LiDAR
2,713 m³
2 parcels, Flanders · tallest building 10.6 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
KBC VERZEKERINGEN INSURO BVBA
since 20032.123.223.595
INSURO
since 20212.324.580.749
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36503C1346/00P000 | Flanders | 1,413 m² | 1 · 450 m² | 5.2 m · 1 fl. |
| 36018B0501/00H002 | Flanders | 892 m² | 1 · 127 m² | 10.6 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2024 · 1 entry · 47 EUR awarded · 47 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 47 EUR | 47 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 4,670 companies in sector 66220 we hold annual accounts for 3,216. 2,345 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-09-2002
Fiscal year end31-12
Activities, NACEBEL
66220Insurance agents and brokers
67201
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.