ACTIVE

Cigna International Health Services

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Financial year 2025 · Closed on 31/12/2025

Net result4,9 M €-65,8 %over 1 year

Revenue98,7 M €+1,2 %over 1 year

Equity28,2 M €-24,3 %over 1 year

Workforce201,5 ETP-4,2 %over 1 year

Identity

Source · BCE/KBO

Cigna International Health Services is a Private limited company incorporated in 1974. Its main activity is: Activities of insurance agents and brokers. Its registered office is in Antwerpen. It employs on average 201,5 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0414.783.183
Incorporation: 15/11/1974
Legal form: Private limited company
Registered office: Plantin en Moretuslei 299
2140 Antwerpen · FlandreSee on map
Latest accounts: 31/12/2025
Average workforce: 201,5 ETP

Activities (NACE)

66220Activities of insurance agents and brokers· main 66220Activities of insurance agents and brokers 67201Agents et courtiers d'assurances 71408Architectural and engineering activities; technical testing and analysis 74879Other professional, scientific and technical activities 77229Rental of video tapes and disks+3

Joint committees (1)

Signals

ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 26 filings

Trend over 12 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	98,7 M €	+1.2%	97,5 M €	+4.7%	93 M €	-3.8%	96,7 M €	+17.6%	82,2 M €
EBITDA	11,4 M €	-51.8%	23,7 M €	+13.0%	21 M €	-28.4%	29,3 M €	+50.5%	19,4 M €
Operating result	13,6 M €	-35.8%	21,2 M €	+8.1%	19,6 M €	-27.5%	27,1 M €	+45.7%	18,6 M €
Net result	4,9 M €	-65.8%	14,4 M €	+13.5%	12,7 M €	-39.0%	20,8 M €	+73.8%	12 M €
Balance sheet
Equity	28,2 M €	-24.3%	37,3 M €	+1.1%	36,9 M €	-3.4%	38,2 M €	+17.9%	32,4 M €
Total assets	120,1 M €	-8.9%	131,9 M €	-0.4%	132,4 M €	+31.8%	100,5 M €	+23.6%	81,3 M €
Cash	32,6 M €	-39.9%	54,2 M €	-14.0%	63 M €	+35.1%	46,7 M €	+12.7%	41,4 M €
Debts	83,7 M €	-0.4%	84,1 M €	+0.7%	83,4 M €	+62.6%	51,3 M €	+34.0%	38,3 M €
Other
Workforce	201,5 ETP	-4.2%	210,3 ETP	-2.5%	215,6 ETP	-7.1%	232,1 ETP	-14.1%	270,2 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 100 M€ and 250 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 41 ended

Active mandates

Helga Gils

Mandate

Active

Lawrence Wagner

Mandate

Active

Ended mandates

Lawrence Wagner

Director · since 22 mars 2021

Ended

Helga Gils

Director · since 27 février 2020

Ended

Paul Debrabandere

Director · since 18 septembre 2018 · until 22 mars 2021

Ended

Paul Debrabandere

Director · since 18 septembre 2018

Ended

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	12/05/2026	19/05/2025	16/05/2024	15/05/2023	18/05/2022	17/05/2021
General meeting	28/04/2026	29/04/2025	30/04/2024	25/04/2023	26/04/2022	27/04/2021
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 · NBB

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Annual accounts filings

Source · NBB, 26 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	28/04/2026	12/05/2026	Dutch	PDF
Full model	31/12/2024	29/04/2025	19/05/2025	Dutch	PDF
Full model	31/12/2023	30/04/2024	16/05/2024	Dutch	PDF
Full model	31/12/2022	25/04/2023	15/05/2023	Dutch	PDF
Full model	31/12/2021	26/04/2022	18/05/2022	Dutch	PDF
Full model	31/12/2020	27/04/2021	17/05/2021	Dutch	PDF
Full modelCorrection	31/12/2019	28/04/2020	04/08/2020	Dutch	PDF
Full model	31/12/2019	28/04/2020	12/05/2020	Dutch	PDF
Full model	31/12/2018	30/04/2019	27/05/2019	Dutch	PDF
Full model	31/12/2017	24/04/2018	22/05/2018	Dutch	PDF
Full modelCorrection	31/12/2016	25/04/2017	19/07/2017	Dutch	PDF
Full model	31/12/2016	25/04/2017	12/05/2017	Dutch	PDF
Full model	31/12/2015	26/04/2016	23/05/2016	Dutch	PDF
Full model	31/12/2014	12/05/2015	08/06/2015	Dutch	PDF
Full model	31/12/2013	29/04/2014	14/05/2014	Dutch	PDF
Full model	31/12/2012	02/04/2013	22/04/2013	Dutch	PDF
Full model	31/12/2011	03/04/2012	23/04/2012	Dutch	PDF
Full model	31/12/2010	10/06/2011	29/06/2011	Dutch	PDF
Full model	31/12/2009	06/04/2010	27/04/2010	Dutch	PDF
Consolidated accounts	31/12/2009	06/04/2010	27/04/2010	Dutch	PDF
Full model	31/12/2008	14/04/2009	29/04/2009	Dutch	PDF
Consolidated accounts	31/12/2008	14/04/2009	29/04/2009	Dutch	PDF
Full model	31/12/2007	01/04/2008	24/04/2008	Dutch	PDF
Consolidated accounts	31/12/2007	01/04/2008	25/04/2008	Dutch	PDF

View all 26 filings

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.

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 41 ended

Active mandates

Helga Gils

Mandate

Active

Lawrence Wagner

Mandate

Active

Ended mandates

Lawrence Wagner

Director · since 22 mars 2021

Ended

Helga Gils

Director · since 27 février 2020

Ended

Paul Debrabandere

Director · since 18 septembre 2018 · until 22 mars 2021

Ended

Paul Debrabandere

Director · since 18 septembre 2018

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates16/06/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates06/05/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates09/07/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates19/04/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/03/2021
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Mandates10/06/2020
ONTSLAGEN - BENOEMINGEN - WIJZIGING RECHTSVORM
PDF
Mandates08/04/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates05/11/2018
ONTSLAGEN - BENOEMINGEN
PDF

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

See the Business plan

Timeline

10/03/2026
nominationGilles Nyssens — bestuurder categorie A
2025
Annual accounts 20254,9 M €↓
2024
Annual accounts 202414,4 M €↑
30/04/2024
nominationPhilippe Gossart — commissaris
30/04/2024
nominationElisabeth Limbioul — commissaris
2023
Annual accounts 202312,7 M €↓
2022
Annual accounts 202220,8 M €↑
2021
Annual accounts 202112 M €↑
2020
Annual accounts 20201,9 M €↑
2019
Annual accounts 20191,3 M €↓
2014
Annual accounts 201417,2 M €↓
2013
Annual accounts 201324,2 M €↑
2012
Annual accounts 201219,9 M €↑
2011
Annual accounts 201118 M €↑
2007
Annual accounts 20078,2 M €
15/11/1974
IncorporationPrivate limited company

Cigna International Health Services

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

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

Timeline