Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 2 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
CAPITAL ASSURANCES from Evere, company number BE0690657123, closed financial year 2024 with a result of € -2,077 after tax. For that financial year CAPITAL ASSURANCES recorded a gross margin of € 41,145 and equity of € -43,012. Compared with financial year 2023, the result moved from € 28,841 to € -2,077. The company made a loss. 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 July 29, 2025.
€ -43,012
▼ € 2,077 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -2,077
▼ still € 28,841 profit in 2023
Profit after tax over the fiscal year.
€ 47
▼ € 15,906 vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -61,612.
People and assets in 2024
€ 358
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 92
▼ 81% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 48,003
▼ 1% vs 2023
€ 9,481 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 13,011
▲ 201% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 10,731
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € -17,662 | € 9,262 | € 44,150 | € 41,145 | ▼ 7% |
| Profit after taxes | € -28,423 | € -41,990 | € 28,841 | € -2,077 | ▼ € 30,917 |
| Equity | € -40,187 | € -69,777 | € -40,936 | € -43,012 | ▼ € 2,077 |
| Total debts | € 62,733 | € 200,251 | € 191,280 | € 233,253 | ▲ 22% |
| Cash | € 2 | - | € 15,953 | € 47 | ▼ € 15,906 |
| Retained profit | € -46,387 | € -88,377 | € -59,536 | € -61,612 | ▼ € 2,077 |
| Bank debt | € 0 | € 49,956 | € 48,706 | € 48,003 | ▼ 1% |
| Balance sheet total | € 22,546 | € 130,474 | € 150,345 | € 190,241 | ▲ 27% |
Key figures of CAPITAL ASSURANCES, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to CAPITAL ASSURANCES?
What happened at CAPITAL ASSURANCES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 2,077 (▼ € 30,917 vs 2023). Source: NBB ↗
- New establishment in Evere. KBO
- Tahsin Bilgin became a director. NBB
- John Piérard became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 28,423 loss in 2021 to € 2,077 loss in 2024.
Paid € 10,731 in corporate taxes since 2021.
Best year ever: 2023, with € 28,841 profit.
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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
Behind CAPITAL ASSURANCES are Tahsin Bilgin and John Piérard.
Directors
According to the 2024 annual accounts
Tahsin Bilgin
Manager
since 2018
John Piérard
Manager
since 2018
Establishments
Establishment units
Physical locations of this company
Onze Lieve Vrouwlaan 107
1140 Evere
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0690.657.123
- VAT number
- BE 0690.657.123
- Registered office
- Onze Lieve Vrouwlaan 107, 1140 Evere
- Names & denominations
- CAPITAL ASSURANCES
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 15 February 2018
- Peppol
- Active · Active since 10 Nov 2025
- Activities · NACE
Activiteiten van verzekeringsagenten en -makelaars