ACTIVE

CONCORDIA

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Financial year 2024 · closed on 31/12/2024

Net result

95,2 k €

-92.7% YoY

Revenue

20,8 M €

+7.4% YoY

Equity

10,3 M €

+0.9% YoY

Workforce

108,0 ETP

0.0% YoY

What does CONCORDIA do?

CONCORDIA is a Public limited company incorporated in 1985. Its main activity is: Activities of insurance agents and brokers. Its registered office is in Gent. It employs on average 108,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0427.391.205

Incorporation

21/05/1985

Legal form

Public limited company

Registered office

Sassevaartstraat 46 box 301
9000 Gent · FlandreSee on map

Contributed capital

9 290 369,00 €

Latest accounts

31/12/2024

Average workforce

108,0 ETP

Activities (NACE)

66220Activities of insurance agents and brokers· main 66220Activities of insurance agents and brokers 67201Agents et courtiers d'assurances

Joint committees (1)

Signals

ProfitablePositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008
Income statement
Revenue	20,8 M €	+7.4%	19,3 M €	+5.2%	18,4 M €	+9.2%	16,8 M €	+75.0%	9,6 M €	-1.1%	9,7 M €	-5.0%	10,2 M €	+3.4%	9,9 M €	+1.6%	9,7 M €	-3.0%	10 M €	+4.6%	9,6 M €	-0.1%	9,6 M €	-0.6%	9,7 M €	+4.3%	9,3 M €	+13.1%	8,2 M €	+11.2%	7,4 M €	-5.2%	7,8 M €
EBITDA	1,2 M €	-67.4%	3,6 M €	+285%	945 k €	-4.7%	991,9 k €	-21.9%	1,3 M €	+1147%	101,8 k €	-54.0%	221,3 k €	-49.2%	435,7 k €	+26.8%	343,7 k €	-75.9%	1,4 M €	+69.7%	840,8 k €	-12.0%	955,9 k €	-14.2%	1,1 M €	+58.6%	702,2 k €	+84.4%	380,8 k €	-51.4%	783,4 k €	-26.6%	1,1 M €
Operating result	121,8 k €	-93.7%	1,9 M €	+661%	-342,9 k €	-9.0%	-314,6 k €	-145%	698,2 k €	+280%	-388 k €	-37.5%	-282,1 k €	-64.2%	-171,8 k €	+12.6%	-196,5 k €	-122%	912,8 k €	+722%	111 k €	-44.1%	198,5 k €	-36.0%	310 k €	+289%	-164,2 k €	+55.2%	-366,7 k €	-241%	260,7 k €	-21.3%	331,4 k €
Net result	95,2 k €	-92.7%	1,3 M €	+391%	-448,8 k €	-37.8%	-325,8 k €	-141%	800,6 k €	-87.0%	6,1 M €	+2173%	-296,4 k €	-70.2%	-174,1 k €	+47.4%	-330,8 k €	-129%	1,2 M €	-28.5%	1,6 M €	+194%	547,1 k €	+22.9%	445,2 k €	+25.5%	354,9 k €	+849%	37,4 k €	-68.2%	117,5 k €	-60.0%	293,7 k €
Balance sheet
Equity	10,3 M €	+0.9%	10,2 M €	+876%	1 M €	-30.0%	1,5 M €	-51.8%	3,1 M €	+34.8%	2,3 M €	-42.0%	4 M €	-41.8%	6,8 M €	-2.5%	7 M €	-4.5%	7,3 M €	+18.6%	6,2 M €	+35.3%	4,6 M €	+13.6%	4 M €	+1.2%	4 M €	-5.7%	4,2 M €	-8.6%	4,6 M €	+2.6%	4,5 M €
Total assets	42,8 M €	+13.6%	37,7 M €	+32.3%	28,5 M €	+6.2%	26,8 M €	+53.1%	17,5 M €	-7.8%	19 M €	-29.1%	26,8 M €	-3.4%	27,7 M €	+41.0%	19,7 M €	-9.3%	21,7 M €	-7.6%	23,5 M €	-8.1%	25,5 M €	-2.0%	26 M €	+27.7%	20,4 M €	+12.8%	18,1 M €	-2.9%	18,6 M €	+10.2%	16,9 M €
Cash	9,5 M €	+11.6%	8,5 M €	-33.5%	12,8 M €	+17.1%	11 M €	+12.5%	9,8 M €	-13.2%	11,2 M €	+285%	2,9 M €	-50.3%	5,9 M €	+299%	1,5 M €	-50.3%	3 M €	+19.8%	2,5 M €	+9.0%	2,3 M €	-15.6%	2,7 M €	-26.3%	3,7 M €	+83.7%	2 M €	-42.5%	3,5 M €	+106%	1,7 M €
Debts	31,4 M €	+21.2%	25,9 M €	+0.1%	25,9 M €	+6.1%	24,4 M €	+69.9%	14,4 M €	-13.9%	16,7 M €	-26.8%	22,8 M €	+9.5%	20,8 M €	+65.3%	12,6 M €	-11.7%	14,3 M €	-16.8%	17,2 M €	-17.7%	20,8 M €	-4.6%	21,8 M €	+34.0%	16,3 M €	+17.6%	13,9 M €	-1.1%	14 M €	+12.9%	12,4 M €
Other
Workforce	108,0 ETP	0.0%	108,0 ETP	-2.7%	111,0 ETP	-1.8%	113,0 ETP	+73.8%	65,0 ETP	-8.5%	71,0 ETP	-3.4%	73,5 ETP	-1.6%	74,7 ETP	+2.3%	73,0 ETP	+3.5%	70,5 ETP	-0.3%	70,7 ETP	+1.9%	69,4 ETP	+0.7%	68,9 ETP	-6.9%	74,0 ETP	+2.5%	72,2 ETP	+1.7%	71,0 ETP	+4.3%	68,1 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2024 · 4 active · 56 ended

Active mandates

Denny Tesch

Director · since 13 janvier 2023 · until 28 juin 2029

Active

Luc Van Antwerpen

Managing director · since 20 mai 2022 · until 25 mai 2027

Active

Jochen Körner

Chairman of the board of directors · since 13 juin 2017 · until 29 juin 2029

Active

Steve Sartor

Managing director · since 19 septembre 2016 · until 24 mai 2027

Active

Ended mandates

Martin Schmidt

Director · since 03 juin 2020 · until 26 mai 2026

Ended

Thomas Koonert

Director · since 03 juin 2020 · until 26 mai 2026

Ended

Stefan Ziegler

Director · since 29 juin 2019 · until 13 janvier 2023

Ended

Stefan Ziegler

Director · since 29 juin 2019 · until 29 juin 2023

Ended

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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	17/07/2025	01/07/2024	24/07/2023	29/07/2022	10/06/2021	30/06/2020
General meeting	30/06/2025	04/06/2024	29/06/2023	29/06/2022	20/05/2021	03/06/2020
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	30/06/2025	17/07/2025	Dutch	PDF
Full model	31/12/2023	04/06/2024	01/07/2024	Dutch	PDF
Full model	31/12/2022	29/06/2023	24/07/2023	Dutch	PDF
Full model	31/12/2021	29/06/2022	29/07/2022	Dutch	PDF
Full model	31/12/2020	20/05/2021	10/06/2021	Dutch	PDF
Full model	31/12/2019	03/06/2020	30/06/2020	Dutch	PDF
Full model	31/12/2018	14/05/2019	05/06/2019	Dutch	PDF
Full model	31/12/2017	03/05/2018	18/05/2018	Dutch	PDF
Full model	31/12/2016	13/06/2017	30/08/2017	Dutch	PDF
Full model	31/12/2015	27/05/2016	08/06/2016	Dutch	PDF
Full model	31/12/2014	21/05/2015	02/06/2015	Dutch	PDF
Full model	31/12/2013	12/06/2014	16/06/2014	Dutch	PDF
Full model	31/12/2012	28/05/2013	29/05/2013	Dutch	PDF
Full model	31/12/2011	22/05/2012	24/09/2012	Dutch	PDF
Full model	31/12/2010	24/05/2011	30/06/2011	Dutch	PDF
Full model	31/12/2009	25/05/2010	27/05/2010	Dutch	PDF
Full model	31/12/2008	26/05/2009	19/06/2009	Dutch	PDF
Full model	31/12/2007	27/05/2008	25/06/2008	Dutch	PDF
Full model	31/12/2006	22/05/2007	27/06/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 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 · 4 active · 56 ended

Active mandates

Denny Tesch

Director · since 13 janvier 2023 · until 28 juin 2029

Active

Luc Van Antwerpen

Managing director · since 20 mai 2022 · until 25 mai 2027

Active

Jochen Körner

Chairman of the board of directors · since 13 juin 2017 · until 29 juin 2029

Active

Steve Sartor

Managing director · since 19 septembre 2016 · until 24 mai 2027

Active

Ended mandates

Martin Schmidt

Director · since 03 juin 2020 · until 26 mai 2026

Ended

Thomas Koonert

Director · since 03 juin 2020 · until 26 mai 2026

Ended

Stefan Ziegler

Director · since 29 juin 2019 · until 13 janvier 2023

Ended

Stefan Ziegler

Director · since 29 juin 2019 · until 29 juin 2023

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates11/06/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates04/09/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/07/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates18/10/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
PDF
Mandates30/03/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates05/10/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates09/02/2022
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares07/01/2022
CAPITAL, ACTIONS
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

2024
Annual accounts 202495,2 k €↓
2023
Annual accounts 20231,3 M €↑
2022
Annual accounts 2022-448,8 k €↓
2021
Annual accounts 2021-325,8 k €↓
2020
Annual accounts 2020800,6 k €↓
2019
Annual accounts 20196,1 M €↑
2018
Annual accounts 2018-296,4 k €↓
2017
Annual accounts 2017-174,1 k €↑
2016
Annual accounts 2016-330,8 k €↓
2015
Annual accounts 20151,2 M €↓
2014
Annual accounts 20141,6 M €↑
2013
Annual accounts 2013547,1 k €↑
2012
Annual accounts 2012445,2 k €↑
2011
Annual accounts 2011354,9 k €↑
2010
Annual accounts 201037,4 k €↓
2009
Annual accounts 2009117,5 k €↓
2008
Annual accounts 2008293,7 k €
21/05/1985
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

CONCORDIA

Overview

What does CONCORDIA do?

Trend over 17 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