NORMAL SITUATION

Insurance Consulting Services

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Company — Normal situation.

Financial year 2023 · Closed on 31/12/2023

Net result24,8 k €-85,5 %over 1 year

Gross margin491,1 k €-30,6 %over 1 year

Equity579 k €+4,5 %over 1 year

Workforce6,1 ETP-3,2 %over 1 year

Identity

Source · BCE/KBO

Insurance Consulting Services is a company registered in Belgium. It employs on average 6,1 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0440.929.633
Legal form: Private limited company
Contributed capital: 6 445,23 €
Latest accounts: 31/12/2023
Average workforce: 6,1 ETP

Joint committees (1)

Signals

ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 34 filings

Trend over 18 financial years

	2023		2022		2021		2020		2019
Income statement
Gross margin	491,1 k €	-30.6%	707,6 k €	+10.2%	642,3 k €	-1.1%	649,2 k €	+25.0%	519,5 k €
EBITDA	106,1 k €	-68.3%	334,5 k €	+4.4%	320,4 k €	-17.0%	385,9 k €	+45.0%	266,2 k €
Operating result	48,9 k €	-79.1%	234,1 k €	+14.9%	203,7 k €	-23.9%	267,5 k €	+76.6%	151,5 k €
Net result	24,8 k €	-85.5%	170,7 k €	+16.5%	146,5 k €	-21.2%	186 k €	+71.9%	108,2 k €
Balance sheet
Equity	579 k €	+4.5%	554,2 k €	+44.5%	383,5 k €	+43.6%	267,1 k €	+51.7%	176,1 k €
Total assets	1,2 M €	+55.7%	782,9 k €	+9.9%	712,2 k €	-1.2%	720,8 k €	+5.6%	682,7 k €
Cash	132,3 k €	-48.9%	258,8 k €	+17.2%	220,9 k €	+20.9%	182,7 k €	+203%	60,3 k €
Debts	310,9 k €	+39.1%	223,5 k €	-30.6%	322,3 k €	-27.8%	446,3 k €	-11.3%	503,4 k €
Other
Workforce	6,1 ETP	-3.2%	6,3 ETP	+12.5%	5,6 ETP	+3.7%	5,4 ETP	+10.2%	4,9 ETP

Board of directors

Source · NBB, accounts to 31/12/2023

3 active · 12 ended

Active mandates

Hillewaere Holding

Director · since 16 janvier 2023 · 0843.053.427

Represented by Roel Druyts

Active

Ken Heuring

Director · since 30 juin 2017

Active

Nick Heuring

Director · since 01 octobre 2012

Active

Ended mandates

KEN HEURING

Administrator - manager · since 30 juin 2017

Ended

FRANK HEURING

Director · since 24 novembre 2009

Ended

FRANK HEURING

Associate · since 24 novembre 2009

Ended

KEN HEURING

Administrator - manager · since 01 juillet 2008 · until 07 juillet 2016

Ended

Full financial information

Source · NBB

	2023	2022	2021	2020	2019	2018
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019	01/01/2018
Closing of the financial year	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019	31/12/2018
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	28/06/2024	07/07/2023	11/07/2022	29/07/2021	24/07/2020	18/07/2019
General meeting	25/06/2024	09/06/2023	24/06/2022	25/06/2021	26/06/2020	28/06/2019
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 34 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2023	25/06/2024	28/06/2024	Dutch	PDF
Abridged model	31/12/2022	09/06/2023	07/07/2023	Dutch	PDF
Abridged model	31/12/2021	24/06/2022	11/07/2022	Dutch	PDF
Abridged model	31/12/2020	25/06/2021	29/07/2021	Dutch	PDF
Abridged model	31/12/2019	26/06/2020	24/07/2020	Dutch	PDF
Abridged model	31/12/2018	28/06/2019	18/07/2019	Dutch	PDF
Abridged model	31/12/2017	29/06/2018	31/07/2018	Dutch	PDF
Abridged model	31/12/2016	30/06/2017	18/08/2017	Dutch	PDF
Abridged model	31/12/2015	24/06/2016	18/07/2016	Dutch	PDF
Abridged model	31/12/2014	26/06/2015	30/06/2015	Dutch	PDF
Abridged model	31/12/2013	27/06/2014	18/07/2014	Dutch	PDF
Abridged model	31/12/2012	28/06/2013	16/07/2013	Dutch	PDF
Abridged model	31/12/2011	29/06/2012	03/07/2012	Dutch	PDF
Abridged model	31/12/2010	24/06/2011	11/07/2011	Dutch	PDF
Abridged model	31/12/2009	25/06/2010	14/07/2010	Dutch	PDF
Abridged model	31/12/2008	26/06/2009	24/08/2009	Dutch	PDF
Abridged model	31/12/2007	27/06/2008	10/02/2009	Dutch	PDF
Abridged model	31/12/2006	30/09/2007	28/11/2007	Dutch	PDF
Abridged model	31/12/2005	30/09/2006	01/12/2006	Dutch	PDF
Abridged model	31/12/2004	30/09/2005	07/11/2005	Dutch	PDF
Abridged model	31/12/2003	30/09/2004	29/10/2004	Dutch	PDF
Abridged model	31/12/2002	02/09/2003	30/09/2003	Dutch	PDF
Abridged model	31/12/2001	07/10/2002	05/11/2002	Dutch	PDF
Abridged model	31/12/2000	17/09/2001	11/10/2001	Dutch	PDF

View all 34 filings

Indicative valuation

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2023

3 active · 12 ended

Active mandates

Hillewaere Holding

Director · since 16 janvier 2023 · 0843.053.427

Represented by Roel Druyts

Active

Ken Heuring

Director · since 30 juin 2017

Active

Nick Heuring

Director · since 01 octobre 2012

Active

Ended mandates

KEN HEURING

Administrator - manager · since 30 juin 2017

Ended

FRANK HEURING

Director · since 24 novembre 2009

Ended

FRANK HEURING

Associate · since 24 novembre 2009

Ended

KEN HEURING

Administrator - manager · since 01 juillet 2008 · until 07 juillet 2016

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Dissolution20/08/2024
RUBRIEK EINDE (STOPZETTING, INTREKKING STOPZETTING, NIETIGHEID, GER. AK., GERECHTELIJKE REORGANISATIE, ENZ... - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring10/06/2024
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates28/07/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates20/02/2023
KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
PDF
Mandates28/11/2022
WIJZIGING RECHTSVORM - BENAMING - ONTSLAGEN - BENOEMINGEN
PDF
Mandates21/08/2017
ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/08/2016
ONTSLAGEN - BENOEMINGEN
PDF
Mandates31/01/2013
ONTSLAGEN - BENOEMINGEN
PDF

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A company's peers, by sector and size, are included in the Business plan.

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Timeline

2023
Annual accounts 202324,8 k €↓
2022
Annual accounts 2022170,7 k €↑
2021
Annual accounts 2021146,5 k €↓
2020
Annual accounts 2020186 k €↑
2019
Annual accounts 2019108,2 k €↑
2018
Annual accounts 201848,6 k €↓
2017
Annual accounts 201772,9 k €↓
2016
Annual accounts 201681,9 k €↓
2015
Annual accounts 2015100,4 k €↑
2014
Annual accounts 201485,6 k €↑
2013
Annual accounts 201355,9 k €↑
2012
Annual accounts 201255,8 k €↑
2011
Annual accounts 201130,8 k €↓
2010
Annual accounts 201043,1 k €↑
2009
Annual accounts 200925,7 k €↑
2008
Annual accounts 200818,4 k €↑
2007
Annual accounts 2007-18,4 k €↓
2006
Annual accounts 20061,4 k €

Insurance Consulting Services

Overview

Identity

Financials

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline

Timeline