What Record Credits does

Record Credits NV/SA is a Belgian credit provider headquartered in Brussels at Marnixlaan 24, founded in 2018 and operating as a subsidiary of ING Belgium. The company is described as the market leader (le leader du marché) in credit brokerage in Belgium and distributes its products through approximately 650 independent credit brokers and 440 car dealers nationwide, supplemented by direct internal services and an online customer portal. Its customer base consists of Belgian residents and self-employed individuals (and Luxembourg residents for consumer credit), with a horizontal segmentation across private persons and independents; no enterprise or named anchor accounts are disclosed.

The product portfolio is built around mortgage lending (Woonlening) with multiple customizable repayment formulas — Starter, Light Home, Voordeelhypotheek, Crescendo, LIKOM, fixed-capital repayment, and Hypo Plus / Hypo Light — plus a bridging credit (Overbruggingskrediet) extendable to 24 months. Adjacent home-related lending covers Renovatielening, a preferential Energiekrediet for energy-efficient works, and an Outdoor Living loan for pools, garden offices, verandas, and similar exterior improvements. Consumer credit comprises a personal loan (Lening op Afbetaling) starting at 1,300 euros and a vehicle financing franchise spanning new and used cars/motorcycles up to 100% of purchase price (including a Light Car residual-value formula with 50%–35% residual options), plus other vehicle types such as vans, caravans, motorhomes, and mopeds. Schuldsaldoverzekering credit life insurance is offered via the company's FSMA-registered insurance intermediation license (12.165A).

The technology layer centers on the 'Manage my credit' online portal (managed with Stater Belgium), supporting SEPA mandate changes, payment history, amortization tables, construction tranche requests, and fiscal attestations. Login is secured via itsme (Belgian Mobile ID) and Belgian e-ID with NFC, and contracts can be signed remotely through e-contract.be-based digital signing and remote client identification. Revenue is generated through interest income on mortgage and consumer credit (transaction/spread-based), plus insurance intermediation commissions; pricing is quote-based and not publicly disclosed. The company is regulated by the FSMA and the Federal Public Service Economy, is a Febelfin member, and adheres to GDPR, BVB, BVVO/Assuralia, and VBO-FEB conduct codes, with WCAG 2.1 accessibility conformance.

Name

Record Credits

Legal name

Record Credits NV

Website

https://recordcredits.be

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

51–100 employees

Ownership category

akta.pro rank

Product category

Consumer Lending

NAICS

Credit Intermediation and Related Activities (522), Activities Related to Credit Intermediation (5223)

SIC

Personal Credit Institutions (6141)

akta.pro primary industry

Bank & Credit Union Personal Loans (Unsecured Installment) (FSAKAAAL)

Keywords

• Mortgage lending
• Consumer credit
• Vehicle financing
• Renovation loans
• Credit brokerage

Headquarters

HQ city

Brussels

HQ country

Belgium

HQ region

Europe

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Interest income from mortgage loans: Record Credits earns interest income from home/mortgage loans (Woonlening/Crédit logement) offered to Belgian residents purchasing, building, or renovating property. These include various mortgage products such as the Starter mortgage, Light Home, Voordeelhypotheek/Avantage, classical formula, constant capital amortization, bridging credit, Hypo Plus, and Hypo Light. Revenue is generated through the spread between the interest rate charged to borrowers and the cost of funding.
2. Interest income from consumer credit: Record Credits earns interest income from consumer credit products including personal loans (Lening op afbetaling/Prêt à tempérament), renovation loans, energy loans, outdoor living loans, vehicle financing (new, Light Car, and used), and other vehicle financing. These are installment loans subject to Belgian consumer credit legislation.
3. Insurance intermediation: Record Credits offers debt balance insurance (Schuldsaldoverzekering/Assurance solde restant dû) through insurance brokers to protect borrowers' families in case of death before full loan repayment. The company is registered as an insurance agent (FSMA number 12.165A).

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels4 records

Core offering

Record Credits is a Belgian credit provider offering a comprehensive portfolio of mortgage and consumer lending products — including home loans (Woonlening), renovation loans, energy loans, bridging credit, personal loans, vehicle financing, and outdoor living loans — to Belgian residents and self-employed professionals. Products are distributed through a nationwide network of 650 independent credit brokers and 440 car dealers, and supported by the proprietary 'Manage my credit' digital customer portal for online account management.

Product overview

Record Credits is a Belgian credit provider offering a comprehensive portfolio of consumer and mortgage lending products for Belgian residents and self-employed individuals. The core offering centers on the Manage my credit online customer portal, which provides transparent access to credit information and management capabilities. The mortgage product line (Woonlening) includes multiple formula variants: Startershypotheek for first-time buyers with progressive payments, Light Home for minimal monthly payments with balloon payment, Voordeelhypotheek for decreasing payment structures, and Vaste Kapitaalaflossingen for accelerated capital repayment. Home-related loans include Renovatielening for renovation works, Energiekrediet for energy-efficient improvements, Overbruggingskrediet for bridging financing between property sales and purchases, and Outdoor Living for garden and exterior improvements. Vehicle financing spans new and used cars/motorcycles up to 100% of purchase price, including Light Car with residual value structures, plus financing for other vehicle types. Consumer lending includes personal loans (Lening op Afbetaling) starting from 1,300 euros. Distribution occurs through 650 independent credit brokers and 440 car dealers across Belgium. Supplementary offerings include Schuldsaldoverzekering credit life insurance and fiscal attestation services.

Differentiator

Problem solved

Functional benefit

Products and services

• Woonlening (Home Loan / Crédit Logement) Comprehensive mortgage and home loan product for purchasing, building, or renovating residential property. Includes multiple formula variants (Starter, Light Home, Advantage, Classic, Fixed Capital Repayment, Bridging, Hypo Plus, Hypo Light) with terms of 5 to 30 years and a unique 12/5/5 cap 3 interest rate formula. Targeted at Belgian residents.
• Renovatielening (Renovation Loan / Prêt Rénovation) Loan for home renovation and improvement works, available from 3,700.01 euros with repayment terms from 36 to 180 months. Requires property ownership. No file or notary fees. Targeted at Belgian property owners.
• Energiekrediet (Energy Credit / Crédit Énergie) Preferential loan for energy-efficient home improvements including boiler replacement, insulation, solar panels, heat pumps, and home batteries. Minimum 50% of borrowed amount must be used for energy-saving purposes. Targeted at Belgian property owners seeking greener home upgrades.
• Overbruggingskrediet (Bridging Loan / Crédit Pont) Short-term financing providing financial security between the sale of a previous property and the purchase of a new home. Available up to 24 months with fixed interest rate, in Classic or Light formula options. Targeted at Belgian property buyers awaiting sale of an existing home.
• Lening op Afbetaling (Personal Loan / Prêt à Tempérament) Personal installment loan for consumer purchases such as electronics, furniture, or other personal items. Available from 1,300 euros with flexible repayment terms adapted to the customer's budget. No file or notary fees. Subject to Belgian consumer credit legislation.
• Autofinanciering (Vehicle Financing / Financement Véhicule) Comprehensive vehicle financing covering new and used cars and motorcycles up to 100% of purchase price. New vehicles up to 3 years old can be financed up to 84 months (cars) or 60 months (motorcycles); used vehicles 3+ years old up to 60 months. Includes standard and Light Car formulas.
• Outdoor Living Loan (Buitenleven Lening) Specialized loan for outdoor space improvements including pools, garden offices, terraces, carports, pergolas, and garden landscaping. Available from 3,700.01 euros with terms from 36 to 180 months. Requires property ownership. No file or notary fees.
• Schuldsaldoverzekering (Credit Life Insurance / Assurance Solde Restant Dû) Credit life insurance intermediation protecting partners or heirs in case of borrower death before full loan repayment, guaranteeing repayment of outstanding capital. Additional coverage options for disability or unemployment. Offered through insurance brokers; Record Credits is registered as insurance agent (FSMA 12.165A).
• Manage my credit (Online Customer Portal) Secure online customer portal enabling existing clients to view credit details, modify contact details, update SEPA direct debit mandates, consult payment history, download amortization tables, request construction tranche payments, and access fiscal attestations. Login via itsme or Belgian e-ID.
• Light Car (Residual Value Vehicle Financing) Vehicle financing formula with residual value structure allowing lower monthly payments. Available for vehicles up to 3 years old with terms from 24 to 60 months. At end of contract, customer can repay/ refinance the residual value, sell and settle the contract, or buy a new vehicle.

Quantifiable outcome

• Market leader in credit brokerage in Belgium
• +2 more outcomes

Named customers2 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Feature5 records

Partnerships

Four partnerships are on record, tiered core.

• Stater BelgiumcoreTechnology or IntegrationStater Belgium is a subcontractor responsible for the management and maintenance of the 'Manage my credit' customer portal. It handles the hosting of photos and files uploaded by users and collaborates on portal performance evaluation and improvement.
• Belgian Mobile ID (itsme)coreTechnology or IntegrationBelgian Mobile ID provides the itsme® authentication application used by Record Credits for secure identity verification and login to the Manage my credit portal and the partner registration platform.
• e-contract.becoreTechnology or Integratione-contract.be provides the electronic signature authentication procedure via Belgian e-ID cards, enabling Record Credits' digital remote signing process for credit contracts.
• Febelfin (Belgian Federation of the Financial Sector)coreOthersRecord Credits is a member of Febelfin and has subscribed to the conduct codes of the Belgian Federation of the Financial Sector. The conduct codes are available on Febelfin's website.

Scale indicators4 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• ING Belgium: ING Belgium is both the parent company of Record Credits and a direct competitor in the same Belgian consumer credit and mortgage market. ING's retail bank offers similar mortgage and personal loan products through its own channels and brand, competing with its subsidiary's broker-distributed offering.
• KBC Bank: KBC is one of Belgium's largest retail banks, offering mortgages, consumer loans, and vehicle financing directly to Belgian residents. It competes with Record Credits in mortgage and consumer credit origination but serves a much broader banking relationship, not specializing in broker-distributed credit.
• Belfius Bank: Belfius is a major Belgian retail and public-sector bank offering mortgages, personal loans, and consumer credit. It competes with Record Credits across consumer lending and home finance, leveraging its deposit base for cheaper funding, and is a broad incumbent in the same Belgian credit market.
• BNP Paribas Fortis: BNP Paribas Fortis is Belgium's largest bank, offering mortgages, consumer credit, vehicle financing, and insurance intermediation. As the parent of Cetelem Belgium and Hello Bank, it competes with Record Credits across the full consumer credit spectrum and benefits from deposit funding advantages.

Direct peers

• Cetelem Belgium (BNP Paribas Personal Finance): Cetelem is BNP Paribas Personal Finance's consumer credit brand in Belgium, offering personal loans, auto loans, and home improvement credit. It is a direct competitor to Record Credits across installment lending, vehicle financing, and renovation credit, with comparable target customer (Belgian residents) and product mix.
• Cofidis Belgium: Cofidis is a major Belgian consumer credit specialist (part of Crédit Mutuel group) offering personal loans, vehicle financing, and home renovation loans through broker and direct channels. It competes head-to-head with Record Credits in Belgian consumer installment lending and vehicle financing, with overlapping product sets and similar broker-distributed GTM.
• Credoo (Colruyt Group): Credoo is a Belgian credit broker and comparison platform operated by Colruyt Group, offering consumer loans, mortgage comparisons, and credit intermediation services. It is a direct competitor in Belgian credit brokerage with similar advisory-style service model.

Emerging players

• Younited Credit: Younited is a European consumer credit platform offering personal loans across multiple geographies with a digital-first approach. While not active in Belgium under the same brand, it represents an emerging digital consumer-credit model that competes for the same end-customers and could enter the Belgian market, pressuring incumbent broker-distributed lenders like Record Credits.

Regional players

• Hello Bank Belgium: Hello Bank is the digital-first retail banking brand of BNP Paribas in Belgium, offering consumer credit and personal loans through a fully digital onboarding flow. It is a relevant adjacent comparable as a digitally-native alternative to Record Credits' broker-led distribution model in the same Belgian market.
• Argenta Bank- en Verzekeringsgroep: Argenta is a Belgian retail bank and mortgage lender with a strong focus on home loans and consumer credit. It competes with Record Credits in the Belgian mortgage market and is comparable as a domestic mid-sized bank-and-credit provider.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/record-credits
• Facebookfacebook.com/profile.php

Compliance9 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Record Credits