Financials
Financial year 2025
G.S. ASSURANCES from Morlanwelz, company number BE0545820483, closed financial year 2025 with a result of € 38,180 after tax. For that financial year G.S. ASSURANCES recorded revenue of € 196,048 and equity of € 4,760. Compared with financial year 2024, the result moved from € -7,377 to € 38,180. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 13, 2026.
€ 4,760
▲ € 30,180 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 38,180
▲ still € 7,377 loss in 2024
Profit after tax over the fiscal year.
€ 6,781
▼ 27% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 8,000 paid out
21 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 34,556
▼ 52% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 1,487
▼ 35% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 126,528
Loans from banks and other lenders, long and short.
€ 19,858
▼ 1% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | - | - | € 196,048 | |
| Gross margin | € 170,597 | € 147,765 | € 185,594 | € 110,997 | ▼ 40% |
| Profit after taxes | € 15,359 | € -5,700 | € -7,377 | € 38,180 | ▲ € 45,556 |
| Equity | € -12,343 | € -18,043 | € -25,419 | € 4,760 | ▲ € 30,180 |
| Total debts | € 340,667 | € 270,938 | € 187,325 | € 191,331 | ▲ 2% |
| Cash | € 18,475 | € 4,735 | € 9,319 | € 6,781 | ▼ 27% |
| Retained profit | € -30,943 | € -36,643 | € -44,019 | € -13,840 | ▲ € 30,180 |
| Dividend | € 0 | € 0 | € 0 | € 8,000 | |
| Bank debt | € 285,969 | € 209,754 | € 126,528 | € 126,528 | |
| Balance sheet total | € 328,324 | € 252,895 | € 161,906 | € 196,092 | ▲ 21% |
Key figures of G.S. 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 G.S. ASSURANCES?
What happened at G.S. 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 € 38,180. filed late Source: NBB ↗
- New establishment in Morlanwelz. KBO
- Start of the company according to the CBE. KBO
In short
From € 15,359 profit in 2022 to € 38,180 profit in 2025.
Paid € 18,085 in corporate taxes since 2022.
Best year ever: 2025, with € 38,180 profit.
Paid out € 8,000 in dividends to the owners in total.
Establishments
Establishment units
Physical locations of this company
Rue Edmond Peny(MLZ) 5 box A
7140 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
- 0545.820.483
- VAT number
- BE 0545.820.483
- Registered office
- Rue Edmond Peny(MLZ) 5 bus A, 7140 Morlanwelz
- Names & denominations
- G.S. ASSURANCES
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 6 February 2014
- Peppol
- Active · Active since 16 Dec 2025
- Activities · NACE
Activiteiten van verzekeringsagenten en -makelaars