ACTIVE

M D B REINSURANCE BROKERS

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Financial year 2024 · Closed on 31/03/2024

Net result6,7 k €+103,7 %over 1 year

Gross margin1,3 M €+4,5 %over 1 year

Equity847,6 k €+0,8 %over 1 year

Workforce7,5 ETP-16,7 %over 1 year

Identity

Source · BCE/KBO

M D B REINSURANCE BROKERS is a Public limited company incorporated in 1984. Its registered office is in Uccle. It employs on average 7,5 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0426.142.477
Incorporation: 25/05/1984
Legal form: Public limited company
Registered office: Chaussée de Waterloo 935
1180 Uccle · BruxellesSee on map
Contributed capital: 248 000,00 €
Latest accounts: 31/03/2024
Average workforce: 7,5 ETP

Joint committees (1)

Signals

ProfitablePositive EBITDAHealthy social debts

Financials

Source · NBB, 19 filings

Trend over 18 financial years

	2024		2023		2022		2021		2020
Income statement
Gross margin	1,3 M €	+4.5%	1,2 M €	+1.4%	1,2 M €	-30.8%	1,8 M €	-34.9%	2,7 M €
EBITDA	86 k €	+162%	-138,1 k €	+63.6%	-379,2 k €	-310%	180,7 k €	-83.7%	1,1 M €
Operating result	107,3 k €	+162%	-174,5 k €	+60.8%	-445,5 k €	-464%	122,4 k €	-88.0%	1 M €
Net result	6,7 k €	+104%	-179,9 k €	+58.3%	-431,4 k €	-1424%	32,6 k €	-94.8%	624,5 k €
Balance sheet
Equity	847,6 k €	+0.8%	840,9 k €	-17.6%	1 M €	-29.7%	1,5 M €	+2.3%	1,4 M €
Total assets	19,3 M €	+54.2%	12,5 M €	-29.1%	17,7 M €	-25.6%	23,8 M €	-5.2%	25,1 M €
Cash	4,8 M €	+174%	1,8 M €	-42.6%	3,1 M €	-48.1%	5,9 M €	-8.5%	6,4 M €
Debts	17,9 M €	+60.2%	11,2 M €	-30.4%	16 M €	-26.1%	21,7 M €	-5.8%	23 M €
Other
Workforce	7,5 ETP	-16.7%	9,0 ETP	-10.0%	10,0 ETP	0.0%	10,0 ETP	-4.8%	10,5 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/03/2024

3 active · 41 ended

Active mandates

Chantal Vander Elst

Director · since 27 juin 2023 · until 30 juin 2026

Active

Frank Weze

Director · since 27 juin 2023 · until 30 juin 2026

Active

Jean-Paul Vander Elst

administrateur · since 27 juin 2023 · until 30 juin 2026

Active

Ended mandates

Chantal Vander Elst

administrateur · since 30 juin 2020 · until 27 juin 2023

Ended

Chantal Vander Elst

Director · since 30 juin 2020 · until 27 juin 2023

Ended

Chantal VANDER ELST

Director · since 30 juin 2020 · until 30 juin 2023

Ended

Frank Weze

administrateur · since 30 juin 2020 · until 27 juin 2023

Ended

Other companies at this address

Chaussée de Waterloo 935 1180 Uccle

Company	CBE no.
Association des copropriétaires à Uccle, Chaussée de Waterloo, 935-937, Résidence Uccle 2000● Active	0832.080.351
European Communication School● Active	0454.241.397
FRANCK PAPAZIAN CONSULTANTS● Active	0886.009.084
IMMO 935● Active	0535.744.955
MEDIASCHOOL PRO● Active	0682.959.083

Full financial information

Source · NBB

	2024	2023	2022	2021	2020	2019
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/04/2023	01/04/2022	01/04/2021	01/04/2020	01/04/2019	01/04/2018
Closing of the financial year	31/03/2024	31/03/2023	31/03/2022	31/03/2021	31/03/2020	31/03/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	19/07/2024	20/07/2023	18/07/2022	22/07/2021	29/09/2020	05/08/2019
General meeting	25/06/2024	27/06/2023	28/06/2022	29/06/2021	30/06/2020	25/06/2019
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, 19 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/03/2024	25/06/2024	19/07/2024	French	PDF
Abridged model	31/03/2023	27/06/2023	20/07/2023	French	PDF
Abridged model	31/03/2022	28/06/2022	18/07/2022	French	PDF
Abridged model	31/03/2021	29/06/2021	22/07/2021	French	PDF
Abridged modelCorrection	31/03/2020	30/06/2020	29/09/2020	French	PDF
Abridged model	31/03/2020	30/06/2020	08/07/2020	French	PDF
Abridged model	31/03/2019	25/06/2019	05/08/2019	French	PDF
Abridged model	31/03/2018	26/06/2018	10/07/2018	French	PDF
Abridged model	31/03/2017	27/06/2017	30/06/2017	French	PDF
Abridged model	31/03/2016	28/06/2016	28/07/2016	French	PDF
Abridged model	31/03/2015	30/06/2015	28/07/2015	French	PDF
Abridged model	31/03/2014	24/06/2014	08/07/2014	French	PDF
Abridged model	31/03/2013	25/06/2013	16/07/2013	French	PDF
Abridged model	31/03/2012	26/06/2012	24/07/2012	French	PDF
Abridged model	31/03/2011	28/06/2011	19/07/2011	French	PDF
Abridged model	31/03/2010	29/06/2010	27/07/2010	French	PDF
Abridged model	31/03/2009	30/06/2009	03/07/2009	French	PDF
Abridged model	31/03/2008	24/06/2008	07/07/2008	French	PDF
Abridged model	31/03/2007	27/06/2007	20/12/2007	French	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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 31/03/2024

3 active · 41 ended

Active mandates

Chantal Vander Elst

Director · since 27 juin 2023 · until 30 juin 2026

Active

Frank Weze

Director · since 27 juin 2023 · until 30 juin 2026

Active

Jean-Paul Vander Elst

administrateur · since 27 juin 2023 · until 30 juin 2026

Active

Ended mandates

Chantal Vander Elst

administrateur · since 30 juin 2020 · until 27 juin 2023

Ended

Chantal Vander Elst

Director · since 30 juin 2020 · until 27 juin 2023

Ended

Chantal VANDER ELST

Director · since 30 juin 2020 · until 30 juin 2023

Ended

Frank Weze

administrateur · since 30 juin 2020 · until 27 juin 2023

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Other13/08/2026
Renouvellement de mandat
PDF
Other12/01/2024
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates12/07/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates29/07/2021
DEMISSIONS, NOMINATIONS
PDF
Mandates06/08/2020
DEMISSIONS, NOMINATIONS
PDF
Mandates17/07/2018
DEMISSIONS, NOMINATIONS
PDF
Mandates28/07/2017
DEMISSIONS, NOMINATIONS
PDF
Mandates17/07/2015
DEMISSIONS, NOMINATIONS
PDF

Similar companies

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

See the Business plan

Timeline

2024
Annual accounts 20246,7 k €↑
2023
Annual accounts 2023-179,9 k €↑
2022
Annual accounts 2022-431,4 k €↓
2022
Name changeMDB REINSURANCE BROKERS SA
2021
Annual accounts 202132,6 k €↓
2020
Annual accounts 2020624,5 k €↓
2019
Annual accounts 20191,5 M €↑
2018
Annual accounts 20181,3 M €↑
2017
Annual accounts 2017981,9 k €↑
2016
Annual accounts 2016592,5 k €↓
2015
Annual accounts 2015699,2 k €↓
2014
Annual accounts 20141,3 M €↓
2013
Annual accounts 20131,4 M €↑
2012
Annual accounts 20121,2 M €↓
2011
Annual accounts 20111,3 M €↓
2010
Annual accounts 20101,5 M €↑
2009
Annual accounts 20091,5 M €↑
2008
Annual accounts 20081,5 M €↑
2007
Annual accounts 20071,4 M €
2007
Name changeM D B REINSURANCE BROKERS
25/05/1984
IncorporationPublic limited company

M D B REINSURANCE BROKERS

Overview

Identity

Financials

Valuation

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

Timeline