ACTIVE

CONCORDIA

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Financial year 2024 · Closed on 31/12/2024

Net result95,2 k €-92,7 %over 1 year
Revenue20,8 M €+7,4 %over 1 year
Equity10,3 M €+0,9 %over 1 year
Workforce108,0 ETP0,0 %over 1 year

Identity

Source · BCE/KBO

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
Joint committees (1)
  • 307
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 19 filings

Trend over 17 financial years

20242023202220212020
Income statement
Revenue20,8 M €19,3 M €18,4 M €16,8 M €9,6 M €
EBITDA1,2 M €3,6 M €945 k €991,9 k €1,3 M €
Operating result121,8 k €1,9 M €-342,9 k €-314,6 k €698,2 k €
Net result95,2 k €1,3 M €-448,8 k €-325,8 k €800,6 k €
Balance sheet
Equity10,3 M €10,2 M €1 M €1,5 M €3,1 M €
Total assets42,8 M €37,7 M €28,5 M €26,8 M €17,5 M €
Cash9,5 M €8,5 M €12,8 M €11 M €9,8 M €
Debts31,4 M €25,9 M €25,9 M €24,4 M €14,4 M €
Other
Workforce108,0 ETP108,0 ETP111,0 ETP113,0 ETP65,0 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€
See the valuation

Board of directors

Source · NBB, accounts to 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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Sassevaartstraat 46 9000 Gent
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0737.334.909
IQGeo Europe● Active
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Marge Architecten● Active
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MARMALADE● Bankrupt
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MARMALADE LIVE● Bankrupt
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Full financial information

Source · NBB
202420232022202120202019
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date17/07/202501/07/202424/07/202329/07/202210/06/202130/06/2020
General meeting30/06/202504/06/202429/06/202329/06/202220/05/202103/06/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 19 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202430/06/202517/07/2025DutchPDF
Full model31/12/202304/06/202401/07/2024DutchPDF
Full model31/12/202229/06/202324/07/2023DutchPDF
Full model31/12/202129/06/202229/07/2022DutchPDF
Full model31/12/202020/05/202110/06/2021DutchPDF
Full model31/12/201903/06/202030/06/2020DutchPDF
Full model31/12/201814/05/201905/06/2019DutchPDF
Full model31/12/201703/05/201818/05/2018DutchPDF
Full model31/12/201613/06/201730/08/2017DutchPDF
Full model31/12/201527/05/201608/06/2016DutchPDF
Full model31/12/201421/05/201502/06/2015DutchPDF
Full model31/12/201312/06/201416/06/2014DutchPDF
Full model31/12/201228/05/201329/05/2013DutchPDF
Full model31/12/201122/05/201224/09/2012DutchPDF
Full model31/12/201024/05/201130/06/2011DutchPDF
Full model31/12/200925/05/201027/05/2010DutchPDF
Full model31/12/200826/05/200919/06/2009DutchPDF
Full model31/12/200727/05/200825/06/2008DutchPDF
Full model31/12/200622/05/200727/06/2007DutchPDF

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.

Board of directors

Source · NBB, accounts to 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

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • 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

Similar companies

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

See the Business plan

Timeline

  1. 2024
    Annual accounts 202495,2 k €↓
  2. 2023
    Annual accounts 20231,3 M €↑
  3. 2022
    Annual accounts 2022-448,8 k €↓
  4. 2021
    Annual accounts 2021-325,8 k €↓
  5. 2020
    Annual accounts 2020800,6 k €↓
  6. 2019
    Annual accounts 20196,1 M €↑
  7. 2018
    Annual accounts 2018-296,4 k €↓
  8. 2017
    Annual accounts 2017-174,1 k €↑
  9. 2016
    Annual accounts 2016-330,8 k €↓
  10. 2015
    Annual accounts 20151,2 M €↓
  11. 2014
    Annual accounts 20141,6 M €↑
  12. 2013
    Annual accounts 2013547,1 k €↑
  13. 2012
    Annual accounts 2012445,2 k €↑
  14. 2011
    Annual accounts 2011354,9 k €↑
  15. 2010
    Annual accounts 201037,4 k €↓
  16. 2009
    Annual accounts 2009117,5 k €↓
  17. 2008
    Annual accounts 2008293,7 k €
  18. 21/05/1985
    IncorporationPublic limited company