ACTIVE

BROWAEYS INSURANCE

Financial year 2024 · Closed on 31/12/2024

Net result47,8 k €-25,0 %over 1 year
Gross margin904,8 k €-0,5 %over 1 year
Equity1 M €+5,0 %over 1 year
Workforce8,6 ETP-10,4 %over 1 year

Identity

Source · BCE/KBO

BROWAEYS INSURANCE is a Public limited company incorporated in 1997. Its main activity is: Activities of insurance agents and brokers. Its registered office is in Horebeke. It employs on average 8,6 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0459.964.496
Incorporation
04/02/1997
Legal form
Public limited company
Registered office
Dorpsstraat 74
9667 Horebeke · FlandreSee on map
Contributed capital
61 973,38 €
Latest accounts
31/12/2024
Average workforce
8,6 ETP
Joint committees (1)
  • 307
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 19 filings

Trend over 19 financial years

20242023202220212020
Income statement
Gross margin904,8 k €909,3 k €733,9 k €717,4 k €643,5 k €
EBITDA236,7 k €250,7 k €51,4 k €135,3 k €58,6 k €
Operating result60,9 k €67,3 k €-88,3 k €4,4 k €-51,9 k €
Net result47,8 k €63,7 k €-73,1 k €10,9 k €97,5 k €
Balance sheet
Equity1 M €961,6 k €897,9 k €971 k €960,1 k €
Total assets2,5 M €2,7 M €2,4 M €1,8 M €1,7 M €
Cash124,8 k €193,3 k €95,3 k €90,9 k €54,2 k €
Debts1,5 M €1,7 M €1,5 M €875,8 k €736,4 k €
Other
Workforce8,6 ETP9,6 ETP9,8 ETP10,2 ETP10,5 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2024

1 active · 15 ended

Active mandates

BRODERU

Director · since 21 mai 2021 · 0476.879.021

Represented by Stéphanie BROWAEYS

Active

Ended mandates

BRODERU

Managing director · since 19 juin 2020 · until 19 juin 2026 · 0476.879.021

Represented by Stéphanie BROWAEYS

Ended
Cynthia BROWAEYS

Managing director · since 19 juin 2020 · until 21 mai 2021

Ended
Cynthia BROWAEYS

Managing director · since 19 juin 2020 · until 19 juin 2026

Ended
Cynthia BROWAEYS

Managing director · since 10 mai 2019 · until 19 juin 2020

Ended

Full financial information

Source · NBB
202420232022202120202019
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date30/09/202530/08/202407/11/202331/08/202215/12/202109/10/2020
General meeting20/06/202521/06/202416/06/202317/06/202218/06/202108/09/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 19 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202420/06/202530/09/2025DutchPDF
Abridged model31/12/202321/06/202430/08/2024DutchPDF
Abridged model31/12/202216/06/202307/11/2023DutchPDF
Abridged model31/12/202117/06/202231/08/2022DutchPDF
Abridged model31/12/202018/06/202115/12/2021DutchPDF
Abridged model31/12/201908/09/202009/10/2020DutchPDF
Abridged model31/12/201821/06/201930/08/2019DutchPDF
Abridged model31/12/201715/06/201831/08/2018DutchPDF
Abridged model31/12/201616/06/201731/08/2017DutchPDF
Abridged model31/12/201517/06/201626/08/2016DutchPDF
Abridged model31/12/201419/06/201523/10/2015DutchPDF
Abridged model31/12/201320/06/201429/08/2014DutchPDF
Abridged model31/12/201221/06/201329/08/2013DutchPDF
Abridged model31/12/201115/06/201228/09/2012DutchPDF
Abridged model31/12/201017/06/201108/11/2011DutchPDF
Abridged model31/12/200918/06/201019/08/2010DutchPDF
Abridged model31/12/200819/06/200926/08/2009DutchPDF
Abridged model31/12/200720/06/200819/08/2008DutchPDF
Abridged model31/12/200615/06/200731/08/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 M€

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 31/12/2024

1 active · 15 ended

Active mandates

BRODERU

Director · since 21 mai 2021 · 0476.879.021

Represented by Stéphanie BROWAEYS

Active

Ended mandates

BRODERU

Managing director · since 19 juin 2020 · until 19 juin 2026 · 0476.879.021

Represented by Stéphanie BROWAEYS

Ended
Cynthia BROWAEYS

Managing director · since 19 juin 2020 · until 21 mai 2021

Ended
Cynthia BROWAEYS

Managing director · since 19 juin 2020 · until 19 juin 2026

Ended
Cynthia BROWAEYS

Managing director · since 10 mai 2019 · until 19 juin 2020

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates28/05/2021
    ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
    PDF
  • Mandates29/12/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates20/08/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates17/06/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates04/12/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates20/11/2014
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/10/2014
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares25/01/2012
    KAPITAAL - AANDELEN
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2024
    Annual accounts 202447,8 k €↓
  2. 2023
    Annual accounts 202363,7 k €↑
  3. 2022
    Annual accounts 2022-73,1 k €↓
  4. 2021
    Annual accounts 202110,9 k €↓
  5. 2020
    Annual accounts 202097,5 k €↑
  6. 2019
    Annual accounts 2019-23,5 k €↓
  7. 2018
    Annual accounts 201859,9 k €↑
  8. 2017
    Annual accounts 2017-44 k €↓
  9. 2016
    Annual accounts 201613,3 k €↑
  10. 2015
    Annual accounts 2015-9,9 k €↓
  11. 2014
    Annual accounts 2014140,2 k €↓
  12. 2013
    Annual accounts 2013190,2 k €↑
  13. 2012
    Annual accounts 2012121,1 k €↑
  14. 2011
    Annual accounts 201157,8 k €↓
  15. 2010
    Annual accounts 2010135,1 k €↑
  16. 2009
    Annual accounts 200970,6 k €↓
  17. 2008
    Annual accounts 2008252,6 k €↑
  18. 2007
    Annual accounts 200755,3 k €↑
  19. 2006
    Annual accounts 20069,3 k €
  20. 04/02/1997
    IncorporationPublic limited company