Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 2 of the last 4 fiscal years.
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Shrinking team NBB
FTE fell two years in a row, from 1.8 to 1.5.
Financials
Financial year 2025
SMARTSAFE-STARINSURANCE from Brugge, company number BE0473959222, closed financial year 2025 with a result of € 10,605 after tax. For that financial year SMARTSAFE-STARINSURANCE recorded a gross margin of € 190,528 and equity of € -2,916. Compared with financial year 2024, the result moved from € -16,578 to € 10,605. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 25, 2026.
€ -2,916
▲ € 10,605 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 10,605
▲ still € 16,578 loss in 2024
Profit after tax over the fiscal year.
€ 3,381
▲ 3% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -16,716.
People and assets in 2025
1.5
▼ 0.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 101,850
▼ 13% vs 2024
€ 67,900 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 2,855
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 397,396
▼ 11% vs 2024
€ 52,555 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 29,251
▼ 36% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 15,815
▼ 5% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 134,352 | € 188,144 | € 171,707 | € 190,528 | ▲ 11% |
| Profit after taxes | € -4,579 | € -14,344 | € -16,578 | € 10,605 | ▲ € 27,183 |
| Equity | € 17,402 | € 3,058 | € -13,520 | € -2,916 | ▲ € 10,605 |
| Total debts | € 585,936 | € 552,384 | € 523,339 | € 454,348 | ▼ 13% |
| Cash | € 7,235 | € 4,053 | € 3,294 | € 3,381 | ▲ 3% |
| Retained profit | € 3,602 | € -10,742 | € -27,320 | € -16,716 | ▲ € 10,605 |
| Bank debt | € 48,096 | € 49,539 | € 448,421 | € 397,396 | ▼ 11% |
| Balance sheet total | € 603,338 | € 555,442 | € 509,819 | € 451,432 | ▼ 11% |
| Employees (FTE) | - | 1.8 | 1.7 | 1.5 | ▼ 0.2 |
Key figures of SMARTSAFE-STARINSURANCE, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to SMARTSAFE-STARINSURANCE?
What happened at SMARTSAFE-STARINSURANCE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 10,605. filed late Source: NBB ↗
- New establishment in Lebbeke. KBO
- Ludwig en Gail Invest BV became a director. NBB
- New establishment in Brugge. KBO
- Start of the company according to the CBE. KBO
In short
From € 4,579 loss in 2022 to € 10,605 profit in 2025.
Paid € 8,255 in corporate taxes since 2022.
Best year ever: 2025, with € 10,605 profit.
On average € 127,000 of value added per employee in 2025.
A new publication or filing at SMARTSAFE-STARINSURANCE? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of ASSURANTIES VERHEECKE - STARINSURANCE, WingMan comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
SMARTSAFE-STARINSURANCEBehind SMARTSAFE-STARINSURANCE is Ludwig en Gail Invest BV. The shares are held by ASSURANTIES VERHEECKE - STARINSURANCE (70%) and WingMan (10%).
Directors
According to the 2025 annual accounts
Director · represented by Hoeylaerts Gail
Also active at: ASSURANTIES VERHEECKE - STARINSURANCE, Vadesko
since 2020
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Komvest 34 box b0-01
8000 Brugge
Komvest 34 box B001
8000 Brugge
Active since 16 March 2001
Koningin Astridplein 13
9280 Lebbeke
Active since 1 October 2022
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0473.959.222
- VAT number
- BE 0473.959.222
- Registered office
- Komvest 34 bus b0-01, 8000 Brugge
- Names & denominations
- SMARTSAFE-STARINSURANCE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 30 January 2001
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
Activiteiten van verzekeringsagenten en -makelaars