ACTIVE

FINURSE

Export PDF
Financial year 2025 · closed on 31/12/2025
Net result
98,5 k €
+370.5% YoY
Gross margin
259,2 k €
+124.4% YoY
Equity
160,2 k €
+7.4% YoY

What does FINURSE do?

FINURSE is a Private limited company incorporated in 2011. Its main activity is: Activities of insurance agents and brokers. Its registered office is in Hotton.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0834.236.028
Incorporation
03/03/2011
Legal form
Private limited company
Registered office
Rue des Monts,Werpin 71
6990 Hotton · WallonieSee on map
Contributed capital
6 200,00 €
Latest accounts
31/12/2025
Activities (NACE)
66220Activities of insurance agents and brokers· main65111Life insurance65112Life insurance65121Non-life insurance66290Other activities auxiliary to insurance and pension funding
Contacts
3 public details availableLog in to view
Signals
ProfitableLow riskPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
Available with a Rovalta subscriptionTry for 7 days
Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 15 financial years

202520242023202220212020201920182017201620152014201320122011
Income statement
Gross margin259,2 k €115,5 k €163,8 k €109,6 k €107,6 k €62,7 k €35,2 k €21,4 k €36,4 k €31,8 k €49,7 k €19,2 k €3,3 k €21,8 k €23,1 k €
EBITDA242,6 k €108,5 k €159,6 k €72,7 k €100,2 k €55,1 k €28,7 k €6,5 k €29,6 k €24,2 k €48,9 k €17,4 k €2,9 k €20,9 k €22,3 k €
Operating result157,8 k €38,6 k €109,4 k €30,1 k €64 k €46,7 k €8,3 k €-13,6 k €9,6 k €4,8 k €35 k €536,7 €-5,1 k €12,1 k €15,1 k €
Net result98,5 k €20,9 k €73,4 k €24,6 k €39,3 k €28,4 k €3,3 k €-15 k €6,2 k €2,4 k €23,4 k €-1,8 k €-5,2 k €12,5 k €6,1 k €
Balance sheet
Equity160,2 k €149,2 k €142,6 k €79,2 k €63,6 k €34,3 k €23,9 k €20,6 k €35,6 k €29,4 k €27 k €8,3 k €19,6 k €24,8 k €12,3 k €
Total assets717,7 k €551,5 k €429,6 k €423,9 k €382,9 k €124,6 k €59,3 k €65 k €78,9 k €61,8 k €55,7 k €48,6 k €28,8 k €32,4 k €37,2 k €
Cash52,3 k €51,2 k €45,2 k €37,3 k €39,2 k €2,2 k €2,2 k €8,8 k €9,5 k €9,7 k €19,4 k €13 k €8,8 k €7,1 k €19,8 k €
Debts553,8 k €402,2 k €281,4 k €342 k €314 k €73,8 k €18,3 k €29,4 k €40,7 k €31 k €27,2 k €40,3 k €9,2 k €7,5 k €23,2 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 7 ended

Active mandates

Raphaël Van Laere

Director · since 01 mars 2011

Active

Ended mandates

Raphaël Van Laere

Manager · since 01 mars 2011

Ended
RAPHAEL VAN LAER

Administrator - manager

Ended
RAPHAEL VAN LAERE

Manager

Ended
RAPHAEL VANLAER

Manager

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date27/08/202629/08/202526/07/202419/04/202317/06/202212/08/2021
General meeting30/06/202630/06/202530/06/202421/03/202331/05/202230/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days
Filings

Annual accounts filings

15 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202530/06/202627/08/2026FrenchPDF
Abridged model31/12/202430/06/202529/08/2025FrenchPDF
Abridged model31/12/202330/06/202426/07/2024FrenchPDF
Abridged model31/12/202221/03/202319/04/2023FrenchPDF
Abridged model31/12/202131/05/202217/06/2022FrenchPDF
Abridged model31/12/202030/06/202112/08/2021FrenchPDF
Abridged model31/12/201930/06/202014/08/2020FrenchPDF
Abridged model31/12/201830/06/201930/08/2019FrenchPDF
Abridged model31/12/201730/06/201830/07/2018FrenchPDF
Abridged model31/12/201630/06/201718/08/2017FrenchPDF
Abridged model31/12/201530/06/201612/08/2016FrenchPDF
Abridged model31/12/201412/08/201513/08/2015FrenchPDF
Abridged model31/12/201330/06/201423/07/2014FrenchPDF
Abridged model31/12/201230/06/201303/07/2013FrenchPDF
Abridged model31/12/201130/06/201224/07/2012FrenchPDF
Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 7 ended

Active mandates

Raphaël Van Laere

Director · since 01 mars 2011

Active

Ended mandates

Raphaël Van Laere

Manager · since 01 mars 2011

Ended
RAPHAEL VAN LAER

Administrator - manager

Ended
RAPHAEL VAN LAERE

Manager

Ended
RAPHAEL VANLAER

Manager

Ended
Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates12/12/2022
    MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
    PDF
  • Other02/10/2014
    OBJET - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates26/03/2012
    DEMISSIONS, NOMINATIONS
    PDF
  • Other15/03/2011
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

Timeline

  1. 2025
    Annual accounts 202598,5 k €↑
  2. 2024
    Annual accounts 202420,9 k €↓
  3. 2023
    Annual accounts 202373,4 k €↑
  4. 2022
    Annual accounts 202224,6 k €↓
  5. 2021
    Annual accounts 202139,3 k €↑
  6. 2020
    Annual accounts 202028,4 k €↑
  7. 2019
    Annual accounts 20193,3 k €↑
  8. 2018
    Annual accounts 2018-15 k €↓
  9. 2017
    Annual accounts 20176,2 k €↑
  10. 2016
    Annual accounts 20162,4 k €↓
  11. 2015
    Annual accounts 201523,4 k €↑
  12. 2014
    Annual accounts 2014-1,8 k €↑
  13. 2013
    Annual accounts 2013-5,2 k €↓
  14. 2012
    Annual accounts 201212,5 k €↑
  15. 2011
    Annual accounts 20116,1 k €
  16. 03/03/2011
    IncorporationPrivate limited company