ACTIVE

Miele

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Financial year 2024 · closed on 31/12/2024

Net result

2,2 M €

-57.5% YoY

Revenue

133,3 M €

-2.0% YoY

Equity

21,4 M €

+11.2% YoY

Workforce

220,5 ETP

-1.7% YoY

What does Miele do?

Miele is a Public limited company incorporated in 1954. Its registered office is in Asse. It employs on average 220,5 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0403.230.978

Incorporation

18/03/1954

Legal form

Public limited company

Registered office

Z. 5 Mollem 480
1730 Asse · FlandreSee on map

Contributed capital

2 892 468,00 €

Latest accounts

31/12/2024

Average workforce

220,5 ETP

Joint committees (4)

149
14901
200
218

Contacts

2 public details availableLog in to view

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Revenue	133,3 M €	-2.0%	136 M €	-8.2%	148,2 M €	+7.0%	138,5 M €	+10.3%	125,6 M €	+2.8%	122,2 M €	-1.8%	124,4 M €	-0.9%	125,5 M €	-1.4%	127,3 M €	-0.8%	128,3 M €	-1.9%	130,8 M €	-0.7%	131,7 M €	+2.5%	128,5 M €	-0.3%	128,9 M €	+0.6%	128,1 M €	+6.5%	120,3 M €	+3.1%	116,8 M €	+3.4%	112,9 M €
EBITDA	10 M €	+52.7%	6,6 M €	-12.9%	7,5 M €	+29.2%	5,8 M €	+42.7%	4,1 M €	-16.7%	4,9 M €	+4.8%	4,7 M €	+6338%	-75 k €	-104%	1,8 M €	-31.7%	2,6 M €	-47.3%	5 M €	+12.6%	4,5 M €	-21.1%	5,6 M €	-1.3%	5,7 M €	+5.3%	5,4 M €	-9.2%	6 M €	+20.5%	5 M €	-11.2%	5,6 M €
Operating result	3,9 M €	-30.0%	5,5 M €	-4.2%	5,8 M €	+36.5%	4,2 M €	+40.3%	3 M €	-22.7%	3,9 M €	+9.0%	3,6 M €	+443%	-1 M €	-245%	720,3 k €	-52.7%	1,5 M €	-64.7%	4,3 M €	+27.0%	3,4 M €	-23.1%	4,4 M €	-12.0%	5 M €	+4.4%	4,8 M €	-7.7%	5,2 M €	+23.8%	4,2 M €	-14.7%	4,9 M €
Net result	2,2 M €	-57.5%	5,1 M €	+24.6%	4,1 M €	+37.8%	3 M €	+62.0%	1,8 M €	+16.7%	1,6 M €	-39.0%	2,6 M €	+334%	-1,1 M €	-369%	409,7 k €	-63.5%	1,1 M €	-65.8%	3,3 M €	+23.2%	2,7 M €	-18.9%	3,3 M €	-15.9%	3,9 M €	+4.9%	3,7 M €	-11.4%	4,2 M €	-9.4%	4,6 M €	-3.3%	4,8 M €
Balance sheet
Equity	21,4 M €	+11.2%	19,3 M €	-20.3%	24,2 M €	+20.4%	20,1 M €	-25.9%	27,1 M €	+7.3%	25,3 M €	-17.7%	30,7 M €	+9.2%	28,1 M €	-28.3%	39,2 M €	-19.6%	48,8 M €	-15.4%	57,7 M €	+6.0%	54,4 M €	+5.1%	51,8 M €	+6.8%	48,5 M €	+8.8%	44,6 M €	+9.1%	40,8 M €	+11.5%	36,6 M €	-23.7%	48 M €
Total assets	51,9 M €	-12.4%	59,3 M €	-7.1%	63,8 M €	-0.2%	63,9 M €	+11.2%	57,5 M €	+2.1%	56,3 M €	+4.7%	53,8 M €	-13.8%	62,4 M €	-14.1%	72,6 M €	-12.7%	83,2 M €	+5.1%	79,1 M €	+6.4%	74,4 M €	+2.1%	72,8 M €	+0.7%	72,3 M €	+6.0%	68,2 M €	+12.9%	60,4 M €	+9.1%	55,4 M €	-7.8%	60 M €
Cash	35 M €	-10.4%	39 M €	-4.8%	41 M €	-11.6%	46,4 M €	+26.3%	36,7 M €	+39.3%	26,4 M €	+5.1%	25,1 M €	-10.5%	28 M €	-26.5%	38,1 M €	-22.3%	49,1 M €	+4.7%	46,9 M €	+37.9%	34 M €	+5.2%	32,3 M €	+9.7%	29,4 M €	+64.0%	18 M €	+30.7%	13,7 M €	-20.9%	17,4 M €	+1120%	1,4 M €
Debts	17,4 M €	-45.0%	31,6 M €	+1.9%	31 M €	-13.0%	35,6 M €	+58.2%	22,5 M €	-3.4%	23,3 M €	+59.1%	14,6 M €	-41.5%	25 M €	-3.2%	25,8 M €	-6.5%	27,6 M €	+79.6%	15,4 M €	+5.4%	14,6 M €	-6.9%	15,7 M €	-16.5%	18,8 M €	-0.6%	18,9 M €	+22.2%	15,5 M €	+4.2%	14,8 M €	+70.3%	8,7 M €
Other
Workforce	220,5 ETP	-1.7%	224,2 ETP	-0.4%	225,2 ETP	+5.8%	212,8 ETP	+3.2%	206,3 ETP	+3.4%	199,6 ETP	+1.5%	196,7 ETP	-3.6%	204,0 ETP	-2.8%	209,9 ETP	+0.6%	208,6 ETP	+1.8%	205,0 ETP	+1.1%	202,8 ETP	+0.1%	202,6 ETP	+3.0%	196,7 ETP	+2.8%	191,4 ETP	+0.8%	189,9 ETP	+2.0%	186,2 ETP	+4.4%	178,4 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 100 M€ and 250 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2024 · 5 active · 19 ended

Active mandates

Kristof De Bolle

Director · since 27 mars 2025 · until 26 mars 2031

Active

Nicole Cataldo

Director · since 27 mars 2025 · until 26 mars 2031

Active

Nicolas Zbinden

Chairman of the board of directors · since 05 mai 2023 · until 31 décembre 2024

Active

Raffaella Berardo

Director · since 05 mai 2023 · until 31 décembre 2024

Active

Rolf Kihm

Director · since 05 mai 2023 · until 04 mai 2029

Active

Ended mandates

Nicolas Zbinden

Chairman of the board of directors · since 05 mai 2023 · until 04 mai 2029

Ended

Raffaella Berardo

Director · since 05 mai 2023 · until 04 mai 2029

Ended

Rolf Kihm

Director · since 01 mai 2020 · until 30 avril 2026

Ended

Raffaella Berardo

Director · since 03 mai 2019 · until 02 février 2025

Ended

At this address

Other companies at this address

Company	CBE no.
POTIEZ-DEMAN● Active	0429.135.225
SteelcoBelimed BE● Active	0711.679.496

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	09/05/2025	03/05/2024	23/05/2023	10/11/2022	04/06/2021	22/06/2020
General meeting	02/05/2025	03/05/2024	05/05/2023	06/05/2022	07/05/2021	04/05/2020
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

Ratios

Financial ratios

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Filings

Annual accounts filings

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2024	02/05/2025	09/05/2025	Dutch	PDF
Full model	31/12/2023	03/05/2024	03/05/2024	Dutch	PDF
Full model	31/12/2022	05/05/2023	23/05/2023	Dutch	PDF
Full model	31/12/2021	06/05/2022	10/11/2022	Dutch	PDF
Full model	31/12/2020	07/05/2021	04/06/2021	Dutch	PDF
Full model	31/12/2019	04/05/2020	22/06/2020	Dutch	PDF
Full model	31/12/2018	03/05/2019	07/05/2019	Dutch	PDF
Full model	31/12/2017	19/04/2018	01/06/2018	Dutch	PDF
Full model	31/12/2016	05/05/2017	29/05/2017	Dutch	PDF
Full model	31/12/2015	28/04/2016	10/05/2016	Dutch	PDF
Full model	31/12/2014	04/05/2015	11/05/2015	Dutch	PDF
Full model	31/12/2013	02/05/2014	06/05/2014	Dutch	PDF
Full model	31/12/2012	03/05/2013	31/05/2013	Dutch	PDF
Full model	31/12/2011	04/05/2012	20/07/2012	Dutch	PDF
Full model	31/12/2010	06/05/2011	13/05/2011	Dutch	PDF
Full model	31/12/2009	07/05/2010	17/09/2010	Dutch	PDF
Full model	31/12/2008	04/05/2009	12/06/2009	Dutch	PDF
Full model	31/12/2007	02/05/2008	22/05/2008	Dutch	PDF
Full model	31/12/2006	02/05/2007	03/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 M€ and 250 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 31/12/2024 · 5 active · 19 ended

Active mandates

Kristof De Bolle

Director · since 27 mars 2025 · until 26 mars 2031

Active

Nicole Cataldo

Director · since 27 mars 2025 · until 26 mars 2031

Active

Nicolas Zbinden

Chairman of the board of directors · since 05 mai 2023 · until 31 décembre 2024

Active

Raffaella Berardo

Director · since 05 mai 2023 · until 31 décembre 2024

Active

Rolf Kihm

Director · since 05 mai 2023 · until 04 mai 2029

Active

Ended mandates

Nicolas Zbinden

Chairman of the board of directors · since 05 mai 2023 · until 04 mai 2029

Ended

Raffaella Berardo

Director · since 05 mai 2023 · until 04 mai 2029

Ended

Rolf Kihm

Director · since 01 mai 2020 · until 30 avril 2026

Ended

Raffaella Berardo

Director · since 03 mai 2019 · until 02 février 2025

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates09/06/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates09/04/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates31/08/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/06/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DIVERSEN - ONTSLAGEN - BENOEMINGEN
PDF
Mandates19/08/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/07/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates06/08/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates29/12/2017
ONTSLAGEN - BENOEMINGEN
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

04/05/2026
nominationRolf KIHM — voorzitter van de Raad van Bestuur
28/03/2025
nominationNicole Cataldo — bestuurder
28/03/2025
nominationKristof De Bolle — bestuurder
2024
Annual accounts 20242,2 M €↓
2023
Annual accounts 20235,1 M €↑
2022
Annual accounts 20224,1 M €↑
06/05/2022
nominationMelissa Carton — vaste vertegenwoordiger (commissaris-revisor)
2021
Annual accounts 20213 M €↑
2020
Annual accounts 20201,8 M €↑
2019
Annual accounts 20191,6 M €↓
2018
Annual accounts 20182,6 M €↑
2017
Annual accounts 2017-1,1 M €↓
2016
Annual accounts 2016409,7 k €↓
2015
Annual accounts 20151,1 M €↓
2014
Annual accounts 20143,3 M €↑
2013
Annual accounts 20132,7 M €↓
2012
Annual accounts 20123,3 M €↓
2011
Annual accounts 20113,9 M €↑
2010
Annual accounts 20103,7 M €↓
2009
Annual accounts 20094,2 M €↓
2008
Annual accounts 20084,6 M €↓
2007
Annual accounts 20074,8 M €
18/03/1954
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

Miele

Overview

What does Miele do?

Trend over 18 financial years

Indicative valuation

Board of directors

Other companies at this address

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