Financials
Financial year 2025
CI ASSURANCES from Brussel, company number BE0831623164, closed financial year 2025 with a result of € 3.6 million after tax. For that financial year CI ASSURANCES recorded revenue of € 16.5 million and equity of € 3.1 million. Compared with financial year 2024, the result moved from € 2.7 million to € 3.6 million. 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 March 24, 2026.
€ 3.1 million
▲ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 3.6 million
▲ 31% vs 2024
Profit after tax over the fiscal year.
€ 361,610
▼ 30% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 3.5 million paid out
98 % of the profit went to the shareholders, mostly to Specialist Risk Group Europe B.V. (100 % of the shares). That is where the money ends up.
People and assets in 2025
81.3
▼ 0.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 7.4 million
▼ 3% vs 2024
€ 91,200 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.
€ 84,610
▼ 30% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 16.7 million
▼ 26% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 1548 days on average.
€ 770,343
▲ 2% vs 2024
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Revenue | € 14,349,427 | € 15,857,868 | € 16,502,156 | ▲ 4% |
| Profit after taxes | € 1,541,255 | € 2,738,630 | € 3,582,396 | ▲ 31% |
| Equity | € 10,664,741 | € 3,013,630 | € 3,096,027 | ▲ 3% |
| Total debts | € 17,562,342 | € 24,341,084 | € 20,304,874 | ▼ 17% |
| Cash | € 1,443,848 | € 519,495 | € 361,610 | ▼ 30% |
| Retained profit | € 1,252,628 | € 2,763,630 | € 2,846,027 | ▲ 3% |
| Dividend | € 0 | € 1,227,628 | € 3,500,000 | ▲ 185% |
| Balance sheet total | € 28,227,084 | € 27,354,714 | € 23,400,900 | ▼ 14% |
| Employees (FTE) | 82.9 | 82.1 | 81.3 | ▼ 0.8 |
Key figures of CI ASSURANCES, fiscal years 2023 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 CI ASSURANCES?
What happened at CI ASSURANCES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Joseph James Hanly stepped down as director. NBB
- Michel HÖFTMANN stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 3.6 million (▲ 31% vs 2024). Source: NBB ↗
- Willy MORTIER stepped down as director. NBB
- Joseph James Hanly became a director. NBB
- Jochen KÖRNER stepped down as director. NBB
- Willy MORTIER became a director. NBB
- Michel HÖFTMANN became a director. NBB
In short
From € 1.5 million profit in 2023 to € 3.6 million profit in 2025.
Paid € 3 million in corporate taxes since 2023.
Best year ever: 2025, with € 3.6 million profit.
Paid out € 4.7 million in dividends to the owners in total.
Management
The shares are held by Specialist Risk Group Europe B.V. (100%).
Directors
According to the 2025 annual accounts
Michel HÖFTMANN
Managing director
since 2023 · until 2029
Joseph James Hanly
Director
since 2025 · until 2031
Willy MORTIER
Chairman of the board
Also active at: Groep Philippus Neri Geestelijke Gezondheidszorg
since 2025 · until 2026
Jochen KÖRNER
Director
since 2023 · until 2025
Shareholders
Specialist Risk Group Europe B.V.
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Guimardstraat 7
1040 Brussel
Chaussée de Marche(EP) 604
5101 Namur
Active since 6 April 2022
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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.
Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
DSTNY-BACKBONE International Backbone, BE
Domain
Domain
icci.insure
Registered
2015-01-30
Registrar
Ascio Technologies, Inc. Danmark - Filial af Ascio technologies, Inc. USA
Expires
2027-01-30
Website info
Features
Security
Network
Details
- Company number
- 0831.623.164
- VAT number
- BE 0831.623.164
- Registered office
- Guimardstraat 7, 1040 Brussel
- Names & denominations
- CI ASSURANCES · IC VERZEKERINGEN NV
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 3 December 2010
- Peppol
- Active · Active since 23 Sept 2025
- Contact
- icci.insure
- Activities · NACE
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