What does SBM INSURANCE do?

SBM INSURANCE is an insurance broker in Grimbergen. Private Limited, started on 9 May 2014, 1 establishment.

What is the address of SBM INSURANCE?

The registered office of SBM INSURANCE is located at Meerstraat 188, 1851 Grimbergen.

Is SBM INSURANCE still active?

Yes. According to the CBE (29 October 2026) SBM INSURANCE is active, legal situation “Normale toestand”, started on 9 May 2014.

Is SBM INSURANCE registered on Peppol?

Yes, SBM INSURANCE is registered on the Peppol network with ID 0208:0552569606.

What is the enterprise number of SBM INSURANCE?

The enterprise number of SBM INSURANCE is BE0552569606.

When was SBM INSURANCE founded?

SBM INSURANCE was founded on 9 May 2014.

Who are the directors of SBM INSURANCE?

According to the 2025 annual accounts, the directors of SBM INSURANCE are: Nick Heyvaert, SBM GROEP BV.

Is SBM INSURANCE a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 9 May 2014; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did SBM INSURANCE make in 2025?

SBM INSURANCE posted a profit after taxes of € 200,068 in financial year 2025.

What is the revenue of SBM INSURANCE?

As a small company, SBM INSURANCE is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 513,786.

How much does an employee at SBM INSURANCE earn?

The average wage cost per full-time employee at SBM INSURANCE was € 99,300 in 2025: staff costs of € 138,974 for 1.4 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does SBM INSURANCE have?

According to the 2025 annual accounts, SBM INSURANCE has 1.4 full-time equivalents (FTE).

SBM INSURANCE (Private Limited) - Grimbergen

Dossier SBM INSURANCE, printed on 29 October 2026 from databakkes.be/en/0552569606/sbm-insurance. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

SBM INSURANCE from Grimbergen, company number BE0552569606, closed financial year 2025 with a result of € 200,068 after tax. For that financial year SBM INSURANCE recorded a gross margin of € 513,786 and equity of € 493,143. Compared with financial year 2024, the result moved from € 74,625 to € 200,068. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 31, 2026.

What it is worth Growing

€ 493,143

▲ 48% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 200,068

▲ 168% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 135,899

▲ 77% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 200,000 paid out

100 % of the profit went to the shareholders, mostly to SBM GROEP (100 % of the shares). That is where the money ends up.

People and assets in 2025

Full-time equivalents

1.4

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 138,974

▲ 3% vs 2024

€ 99,300 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.

Vehicles and equipment

€ 69,335

▲ 35% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 5 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 285,557

▲ 130% vs 2024

€ 58,387 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.

Owed to suppliers

€ 93,948

▲ 278% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 44,287

▲ 30% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 354,873 Gross margin 2022: € 354,873 First fiscal year in the series	€ 417,012 Gross margin 2023: € 417,012 ▲ 18% vs 2022 (€ 354,873) Favourable step	€ 337,607 Gross margin 2024: € 337,607 ▼ 19% vs 2023 (€ 417,012) Unfavourable step	€ 513,786 Gross margin 2025: € 513,786 ▲ 52% vs 2024 (€ 337,607) Favourable step	▲ 52%
Profit after taxes	€ 27,553 Profit after taxes 2022: € 27,553 First fiscal year in the series	€ 102,030 Profit after taxes 2023: € 102,030 ▲ 270% vs 2022 (€ 27,553) Favourable step	€ 74,625 Profit after taxes 2024: € 74,625 ▼ 27% vs 2023 (€ 102,030) Unfavourable step	€ 200,068 Profit after taxes 2025: € 200,068 ▲ 168% vs 2024 (€ 74,625) Favourable step	▲ 168%
Equity	€ 157,458 Equity 2022: € 157,458 First fiscal year in the series	€ 259,487 Equity 2023: € 259,487 ▲ 65% vs 2022 (€ 157,458) Favourable step	€ 334,113 Equity 2024: € 334,113 ▲ 29% vs 2023 (€ 259,487) Favourable step	€ 493,143 Equity 2025: € 493,143 ▲ 48% vs 2024 (€ 334,113) Favourable step	▲ 48%
Total debts	€ 392,372 Total debts 2022: € 392,372 First fiscal year in the series	€ 326,566 Total debts 2023: € 326,566 ▼ 17% vs 2022 (€ 392,372) Favourable step	€ 184,343 Total debts 2024: € 184,343 ▼ 44% vs 2023 (€ 326,566) Favourable step	€ 645,801 Total debts 2025: € 645,801 ▲ 250% vs 2024 (€ 184,343) Unfavourable step	▲ 250%
Cash	€ 182,671 Cash 2022: € 182,671 First fiscal year in the series	€ 201,445 Cash 2023: € 201,445 ▲ 10% vs 2022 (€ 182,671) Favourable step	€ 76,835 Cash 2024: € 76,835 ▼ 62% vs 2023 (€ 201,445) Unfavourable step	€ 135,899 Cash 2025: € 135,899 ▲ 77% vs 2024 (€ 76,835) Favourable step	▲ 77%
Land & buildings	-	-	€ 17,746 Land & buildings 2024: € 17,746 First fiscal year in the series	€ 16,815 Land & buildings 2025: € 16,815 ▼ 5% vs 2024 (€ 17,746) Unchanged	▼ 5%
Retained profit	€ 138,858 Retained profit 2022: € 138,858 First fiscal year in the series	€ 240,887 Retained profit 2023: € 240,887 ▲ 73% vs 2022 (€ 138,858) Favourable step	€ 315,513 Retained profit 2024: € 315,513 ▲ 31% vs 2023 (€ 240,887) Favourable step	€ 473,165 Retained profit 2025: € 473,165 ▲ 50% vs 2024 (€ 315,513) Favourable step	▲ 50%
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 0 Dividend 2023: € 0 Unchanged (€ 0) Unchanged	€ 0 Dividend 2024: € 0 Unchanged (€ 0) Unchanged	€ 200,000 Dividend 2025: € 200,000 Unchanged (€ 0) Unchanged
Bank debt	€ 331,833 Bank debt 2022: € 331,833 First fiscal year in the series	€ 254,100 Bank debt 2023: € 254,100 ▼ 23% vs 2022 (€ 331,833) Favourable step	€ 124,331 Bank debt 2024: € 124,331 ▼ 51% vs 2023 (€ 254,100) Favourable step	€ 285,557 Bank debt 2025: € 285,557 ▲ 130% vs 2024 (€ 124,331) Unfavourable step	▲ 130%
Balance sheet total	€ 549,830 Balance sheet total 2022: € 549,830 First fiscal year in the series	€ 586,053 Balance sheet total 2023: € 586,053 ▲ 7% vs 2022 (€ 549,830) Unchanged	€ 518,456 Balance sheet total 2024: € 518,456 ▼ 12% vs 2023 (€ 586,053) Unchanged	€ 1,138,944 Balance sheet total 2025: € 1,138,944 ▲ 120% vs 2024 (€ 518,456) Unchanged	▲ 120%
Employees (FTE)	2.1 Employees (FTE) 2022: 2.1 First fiscal year in the series	1.8 Employees (FTE) 2023: 1.8 ▼ 0.3 vs 2022 (2.1) Unchanged	1.4 Employees (FTE) 2024: 1.4 ▼ 0.4 vs 2023 (1.8) Unchanged	1.4 Employees (FTE) 2025: 1.4 Unchanged (1.4) Unchanged

Key figures of SBM INSURANCE, 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 SBM INSURANCE?

What happened at SBM INSURANCE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jul 31, 2026 New annual accounts for financial year 2025: profit of € 200,068 (▲ 168% vs 2024). Source: NBB ↗
2024 SBM GROEP BV became a director. NBB
2023 Nick Heyvaert became a director. NBB
Jul 10, 2014 New establishment in Grimbergen. KBO
May 9, 2014 Start of the company according to the CBE. KBO

In short

From € 27,553 profit in 2022 to € 200,068 profit in 2025.

Paid € 130,794 in corporate taxes since 2022.

Best year ever: 2025, with € 200,068 profit.

On average € 367,000 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

SBM GROEP 100%

The stake of SBM GROEP comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

SBM INSURANCE

Behind SBM INSURANCE are Nick Heyvaert and SBM GROEP BV. The shares are held by SBM GROEP (100%).

Directors

According to the 2025 annual accounts

Nick Heyvaert

Director

since 2023

SBM GROEP BV

Director · represented by Wim Spinoy

Also active at: SBM FINANCE

since 2024

Shareholders

SBM GROEP

100%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Meerstraat 188

1851 Grimbergen

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 4 companies are registered at this address.

All companies at this address →

SBM FINANCE same network

€ 477,524 gross margin · 2025

Visah

€ -1,752 gross margin · 2025

SBM GROEP same network

€ 182,088 gross margin · 2025

BTW-eenheid SBM GROEP

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number: 0552.569.606
VAT number: BE 0552.569.606
Registered office: Meerstraat 188, 1851 Grimbergen
Names & denominations: SBM INSURANCE
Enterprise type: Rechtspersoon
Legal form: Private limited company
Legal situation: Normale toestand
Start date: 9 May 2014
Peppol: Active · Active since 24 Feb 2026
Activities · NACE: Activiteiten van verzekeringsagenten en -makelaars

View on CBE Public ↗ Annual accounts (NBB) ↗