Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
Novus Underwriting Europe from Elsene, company number BE0749907988, closed financial year 2025 with a result of € 982,853 after tax. For that financial year Novus Underwriting Europe recorded a gross margin of € 7.4 million and equity of € 4.1 million. Compared with financial year 2024, the result moved from € 1.1 million to € 982,853. The company is profitable. 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 June 19, 2026.
€ 4.1 million
▲ 31% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 982,853
▼ 10% vs 2024
Profit after tax over the fiscal year.
€ 9.3 million
▲ 29% 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 € 4.1 million.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 19 million
▲ 34% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 781,801
▲ 7% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 996,873 | € 1,611,857 | € 1,480,254 | € 7,384,949 | ▲ € 5.9 million |
| Profit after taxes | € 756,846 | € 904,399 | € 1,086,972 | € 982,853 | ▼ 10% |
| Equity | € 1,144,711 | € 2,049,110 | € 3,136,082 | € 4,118,936 | ▲ 31% |
| Total debts | € 8,810,328 | € 18,721,190 | € 25,704,541 | € 36,228,303 | ▲ 41% |
| Cash | € 7,710,091 | € 4,735,144 | € 7,238,785 | € 9,333,912 | ▲ 29% |
| Retained profit | € 1,134,711 | € 2,039,110 | € 3,126,082 | € 4,108,936 | ▲ 31% |
| Balance sheet total | € 9,955,039 | € 20,770,300 | € 28,840,623 | € 40,347,238 | ▲ 40% |
Key figures of Novus Underwriting Europe, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to Novus Underwriting Europe?
What happened at Novus Underwriting Europe in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 982,853 (▼ 10% vs 2024). filed late Source: NBB ↗
- New establishment in Elsene. KBO
- Tony Lawrence became a director. NBB
- Grant Mcmorrow became a director. NBB
- David Bearman became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 756,846 profit in 2022 to € 982,853 profit in 2025.
Paid € 1.4 million in corporate taxes since 2022.
Best year ever: 2024, with € 1.1 million profit.
A new publication or filing at Novus Underwriting Europe? 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
Behind Novus Underwriting Europe are Grant Mcmorrow, David Bearman and Tony Lawrence.
Directors
According to the 2025 annual accounts
Grant Mcmorrow
Director
since 2020
David Bearman
Director
since 2020
Tony Lawrence
Director
since 2020
Establishments
Establishment units
Physical locations of this company
Louizalaan 65/11
1050 Elsene
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 7 companies are registered at this address.
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€ 67,924 gross margin · 2025
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€ -429,341 gross margin · 2025
Inclusion in Finance Europe
+2 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
DIGITALOCEAN-ASN - DigitalOcean, LLC, US
Domain
Domain
novusunderwriting.com
Registered
2017-03-16
Registrar
REGISTER S.P.A.
Expires
2027-03-16
Website info
Features
Security
Details
- Company number
- 0749.907.988
- VAT number
- BE 0749.907.988
- Registered office
- Louizalaan 65/11, 1050 Elsene
- Names & denominations
- Novus Underwriting Europe
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 7 July 2020
- Peppol
- Not registered
- Activities · NACE
Activiteiten van verzekeringsagenten en -makelaars