Insurance Consulting Services
0440.929.633 · rovalta.com · 28/09/2026
NORMAL SITUATION
Insurance Consulting Services
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
Overview
Identity
Source · BCE/KBOInsurance 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)
- 307
Signals
ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDA
Financials
Source · NBB, 34 filingsTrend 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 31/12/20233 active · 1 ended
Active mandates
| Director | Mandates in this company | Period | Other mandatescurrentendedstruck offbankruptcies |
|---|---|---|---|
| Directorsince 16/01/2023 | |||
Ken Heuring | Directorsince 30/06/2017Administrator - manager01/07/2008 → 07/07/2016endedManagersince 01/07/2008ended | ||
Nick Heuring | Directorsince 01/10/2012Administrator - managerended |
Ended mandates
| Director | Mandates in this company | Period | Other mandatescurrentendedstruck offbankruptcies |
|---|---|---|---|
FRANK HEURING | Directorsince 24/11/2009Associatesince 24/11/2009Manager |
Financials
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 · NBBLooking for more information about this company?
Try for freeAnnual 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 | |
| Abridged model | 31/12/2022 | 09/06/2023 | 07/07/2023 | Dutch | |
| Abridged model | 31/12/2021 | 24/06/2022 | 11/07/2022 | Dutch | |
| Abridged model | 31/12/2020 | 25/06/2021 | 29/07/2021 | Dutch | |
| Abridged model | 31/12/2019 | 26/06/2020 | 24/07/2020 | Dutch | |
| Abridged model | 31/12/2018 | 28/06/2019 | 18/07/2019 | Dutch | |
| Abridged model | 31/12/2017 | 29/06/2018 | 31/07/2018 | Dutch | |
| Abridged model | 31/12/2016 | 30/06/2017 | 18/08/2017 | Dutch | |
| Abridged model | 31/12/2015 | 24/06/2016 | 18/07/2016 | Dutch | |
| Abridged model | 31/12/2014 | 26/06/2015 | 30/06/2015 | Dutch | |
| Abridged model | 31/12/2013 | 27/06/2014 | 18/07/2014 | Dutch | |
| Abridged model | 31/12/2012 | 28/06/2013 | 16/07/2013 | Dutch | |
| Abridged model | 31/12/2011 | 29/06/2012 | 03/07/2012 | Dutch | |
| Abridged model | 31/12/2010 | 24/06/2011 | 11/07/2011 | Dutch | |
| Abridged model | 31/12/2009 | 25/06/2010 | 14/07/2010 | Dutch | |
| Abridged model | 31/12/2008 | 26/06/2009 | 24/08/2009 | Dutch | |
| Abridged model | 31/12/2007 | 27/06/2008 | 10/02/2009 | Dutch | |
| Abridged model | 31/12/2006 | 30/09/2007 | 28/11/2007 | Dutch | |
| Abridged model | 31/12/2005 | 30/09/2006 | 01/12/2006 | Dutch | |
| Abridged model | 31/12/2004 | 30/09/2005 | 07/11/2005 | Dutch | |
| Abridged model | 31/12/2003 | 30/09/2004 | 29/10/2004 | Dutch | |
| Abridged model | 31/12/2002 | 02/09/2003 | 30/09/2003 | Dutch | |
| Abridged model | 31/12/2001 | 07/10/2002 | 05/11/2002 | Dutch | |
| Abridged model | 31/12/2000 | 17/09/2001 | 11/10/2001 | Dutch | |
| Abridged model | 31/12/1999 | 29/09/2000 | 23/10/2000 | Dutch | |
| Abridged model | 31/12/1998 | 12/10/1999 | 10/11/1999 | Dutch | |
| Abridged model | 31/12/1997 | 19/10/1998 | 17/11/1998 | Dutch | — |
| Abridged model | 31/12/1996 | 27/08/1997 | 24/09/1997 | Dutch | — |
| Abridged model | 31/12/1995 | 28/06/1996 | 02/07/1996 | Dutch | — |
| Abridged model | 31/12/1994 | 20/08/1995 | 15/09/1995 | Dutch | — |
| Abridged model | 31/12/1993 | 30/06/1994 | 08/08/1994 | Dutch | — |
| Abridged model | 31/12/1992 | 21/05/1993 | 18/06/1993 | Dutch | — |
| Abridged model | 31/12/1991 | 15/05/1992 | 15/06/1992 | Dutch | — |
| Abridged model | 31/12/1990 | 17/05/1991 | 14/06/1991 | Dutch | — |
Valuation
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Board of directors
Source · NBB, accounts to 31/12/20233 active · 1 ended
Active mandates
| Director | Mandates in this company | Period | Other mandatescurrentendedstruck offbankruptcies |
|---|---|---|---|
| Directorsince 16/01/2023 | |||
Ken Heuring | Directorsince 30/06/2017Administrator - manager01/07/2008 → 07/07/2016endedManagersince 01/07/2008ended | ||
Nick Heuring | Directorsince 01/10/2012Administrator - managerended |
Ended mandates
| Director | Mandates in this company | Period | Other mandatescurrentendedstruck offbankruptcies |
|---|---|---|---|
FRANK HEURING | Directorsince 24/11/2009Associatesince 24/11/2009Manager |
Ownership and network
Looking for more information about this company?
Try for freePublications
Belgian Official Gazette publications
Source · Belgian Official Gazette- Dissolution20/08/2024FUSIE DOOR OVERNEMING — ONTBINDING ZONDER VEREFFENING.
- Restructuring10/06/2024Fusievoorstel
- Mandates28/07/2023ONTSLAGEN - BENOEMINGEN
- Mandates20/02/2023KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
- Mandates28/11/2022WIJZIGING RECHTSVORM - BENAMING - ONTSLAGEN - BENOEMINGEN
- Mandates21/08/2017ONTSLAGEN - BENOEMINGEN
- Mandates22/08/2016ONTSLAGEN - BENOEMINGEN
- Mandates31/01/2013ONTSLAGEN - BENOEMINGEN
Similar companies
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
Source · CBE, NBB annual accountsYear
Identity
Name
Registered office
Annual accounts
Filings18 filings
Mandates
Hillewaere Holding
Ken Heuring
Nick Heuring
FRANK HEURING
200620072008200920102011201220132014201520162017201820192020202120222023202420252026
Insurance Consulting Services
Turnhoutsebaan 176,, 2970 Schilde
Director
DirectorAdministrator - manager
Director
CurrentPlanned, not yet servedEndedAccounts filedToday
Registered offices
Source · NBB annual accounts, CBE| Registered address | Period | Source |
|---|---|---|
| Turnhoutsebaan 176,, 2970 Schilde | accounts 2021 → 2023 | Accounts 2023 · 2024-00202691 |
Company names
Source · NBB annual accounts, CBE| Name | Period | Source |
|---|---|---|
| Insurance Consulting Services | accounts 2021 → 2023 | Accounts 2023 · 2024-00202691 |
Events
- 2023Annual accounts 202324,8 k €↓
- 2022Annual accounts 2022170,7 k €↑
- 2021Annual accounts 2021146,5 k €↓
- 2020Annual accounts 2020186 k €↑
- 2019Annual accounts 2019108,2 k €↑
- 2018Annual accounts 201848,6 k €↓
- 2017Annual accounts 201772,9 k €↓
- 2016Annual accounts 201681,9 k €↓
- 2015Annual accounts 2015100,4 k €↑
- 2014Annual accounts 201485,6 k €↑
- 2013Annual accounts 201355,9 k €↑
- 2012Annual accounts 201255,8 k €↑
- 2011Annual accounts 201130,8 k €↓
- 2010Annual accounts 201043,1 k €↑
- 2009Annual accounts 200925,7 k €↑
- 2008Annual accounts 200818,4 k €↑
- 2007Annual accounts 2007-18,4 k €↓
- 2006Annual accounts 20061,4 k €