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 3 of the last 4 fiscal years.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
IL-AS Assurances from Morlanwelz, company number BE0478000162, closed financial year 2025 with a result of € 560 after tax. For that financial year IL-AS Assurances recorded a gross margin of € 47,500 and equity of € -31,247. Compared with financial year 2024, the result moved from € -7,050 to € 560. 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 September 30, 2026.
€ -31,247
▲ € 560 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 560
▲ still € 7,050 loss in 2024
Profit after tax over the fiscal year.
€ 233
▲ 13% 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 € -31,247.
People and assets in 2025
€ 19,655
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 7,543
▼ 80% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 56,607
▼ 26% vs 2024
€ 11,234 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 4,093
▼ 24% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 3,274
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 55,887 | - | - | - | |
| Gross margin | € 21,796 | € 30,747 | € 44,475 | € 47,500 | ▲ 7% |
| Profit after taxes | € -4,110 | € -7,640 | € -7,050 | € 560 | ▲ € 7,609 |
| Equity | € 3,344 | € -24,757 | € -31,806 | € -31,247 | ▲ € 560 |
| Total debts | € 43,107 | € 79,838 | € 82,379 | € 63,975 | ▼ 22% |
| Cash | € 242 | € 349 | € 206 | € 233 | ▲ 13% |
| Retained profit | € -15,256 | € -24,757 | € -31,806 | € -31,247 | ▲ € 560 |
| Bank debt | € 20,674 | € 45,075 | € 76,505 | € 56,607 | ▼ 26% |
| Balance sheet total | € 46,450 | € 55,081 | € 50,572 | € 32,728 | ▼ 35% |
Key figures of IL-AS Assurances, 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 IL-AS Assurances?
What happened at IL-AS Assurances in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 560. filed late Source: NBB ↗
- New establishment in Morlanwelz. KBO
- Start of the company according to the CBE. KBO
In short
From € 4,110 loss in 2022 to € 560 profit in 2025.
Paid € 30,315 in corporate taxes since 2022.
Best year ever: 2025, with € 560 profit.
Establishments
Establishment units
Physical locations of this company
Chaussée Brunehault(CAR) 409
7141 Morlanwelz
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0478.000.162
- VAT number
- BE 0478.000.162
- Registered office
- Chaussée Brunehault(CAR) 409, 7141 Morlanwelz
- Names & denominations
- IL-AS Assurances
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 16 July 2002
- Peppol
- Not registered
- Activities · NACE
Activiteiten van verzekeringsagenten en -makelaars