ACTIVE

MARSH EUROPE

Financial year 2024 · Closed on 31/12/2024

Net result1,4 M €-60,4 %over 1 year
Revenue8 M €-34,3 %over 1 year
Equity1,7 M €-27,1 %over 1 year
Workforce18,6 ETP-4,1 %over 1 year

Identity

Source · BCE/KBO

MARSH EUROPE is a Public limited company incorporated in 1995. Its main activity is: Activities of insurance agents and brokers. Its registered office is in Auderghem. It employs on average 18,6 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0456.421.226
Incorporation
06/10/1995
Legal form
Public limited company
Registered office
Avenue Herrmann-Debroux 2
1160 Auderghem · BruxellesSee on map
Contributed capital
61 973,00 €
Latest accounts
31/12/2024
Average workforce
18,6 ETP
Joint committees (1)
  • 307
Signals
ProfitablePositive cashflowPositive EBITDAHigh revenue

Financials

Source · NBB, 19 filings

Trend over 17 financial years

20242023202220212020
Income statement
Revenue8 M €12,1 M €6,5 M €6,1 M €5,3 M €
EBITDA2 M €4,5 M €2,1 M €2,9 M €2,5 M €
Operating result1,6 M €3,9 M €1,4 M €2,1 M €2,1 M €
Net result1,4 M €3,4 M €1 M €1,8 M €1,8 M €
Balance sheet
Equity1,7 M €2,4 M €951,4 k €1,9 M €4,2 M €
Total assets14,9 M €16,4 M €10,8 M €12,9 M €9,7 M €
Cash1,9 M €2,7 M €2,9 M €5,5 M €4,1 M €
Debts13 M €13,8 M €9,5 M €10,6 M €5,1 M €
Other
Workforce18,6 ETP19,4 ETP19,4 ETP18,8 ETP15,5 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2024

6 active · 29 ended

Active mandates

Borut JAGER

Director · since 16 septembre 2024 · until 05 juin 2030

Active
Olivier VAN DROMME

Director · since 16 septembre 2024 · until 05 juin 2030

Active
Tomas ZUFFA

Director · since 16 septembre 2024 · until 05 juin 2030

Active
Sandra KOZINA

Director · since 23 juillet 2024 · until 05 juin 2030

Active
Rebecca TIELEMANS

Managing director · since 12 septembre 2022 · until 16 septembre 2024

Active
Norman BARAZZUTTI

Director · since 17 mai 2017 · until 23 juillet 2024

Active

Ended mandates

Rebecca TIELEMANS

Managing director · since 12 septembre 2022 · until 12 septembre 2028

Ended
Henri STEYAERT

Director · since 15 novembre 2019 · until 14 novembre 2025

Ended
Norman BARAZZUTTI

Director · since 17 mai 2017 · until 16 mai 2023

Ended
Norman BARAZZUTTI

Director · since 17 mai 2017 · until 14 septembre 2027

Ended

Other companies at this address

Avenue Herrmann-Debroux 2 1160 Auderghem
CompanyCBE no.
Leexi● Active
0782.527.110
MARSH● Active
0403.276.906
0421.850.327
0414.908.194
Oliver Wyman● Active
0645.633.285

Full financial information

Source · NBB
202420232022202120202019
Type of accountFull modelFull modelFull modelFull modelFull modelAbridged 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 date13/02/202615/12/202514/12/202304/11/202201/06/202210/12/2021
General meeting23/01/202625/11/202506/12/202325/10/202219/05/202230/11/2021
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 model31/12/202423/01/202613/02/2026FrenchPDF
Full model31/12/202325/11/202515/12/2025FrenchPDF
Full model31/12/202206/12/202314/12/2023FrenchPDF
Full model31/12/202125/10/202204/11/2022FrenchPDF
Full model31/12/202019/05/202201/06/2022FrenchPDF
Abridged model31/12/201930/11/202110/12/2021FrenchPDF
Abridged model31/12/201814/09/202104/10/2021FrenchPDF
Full model31/12/201731/05/202112/07/2021FrenchPDF
Full model31/12/201616/06/202022/06/2020FrenchPDF
Full model31/12/201530/08/201919/09/2019FrenchPDF
Full model31/12/201425/02/201604/04/2016FrenchPDF
Full model31/12/201310/12/201414/01/2015FrenchPDF
Full model31/12/201209/10/201329/10/2013FrenchPDF
Full model31/12/201112/11/201214/11/2012FrenchPDF
Full model31/12/201022/08/201103/10/2011FrenchPDF
Full model31/12/200915/09/201021/10/2010FrenchPDF
Full model31/12/200826/11/200927/11/2009FrenchPDF
Full model31/12/200729/10/200824/11/2008FrenchPDF
Full model31/12/200624/10/200705/11/2007FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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

6 active · 29 ended

Active mandates

Borut JAGER

Director · since 16 septembre 2024 · until 05 juin 2030

Active
Olivier VAN DROMME

Director · since 16 septembre 2024 · until 05 juin 2030

Active
Tomas ZUFFA

Director · since 16 septembre 2024 · until 05 juin 2030

Active
Sandra KOZINA

Director · since 23 juillet 2024 · until 05 juin 2030

Active
Rebecca TIELEMANS

Managing director · since 12 septembre 2022 · until 16 septembre 2024

Active
Norman BARAZZUTTI

Director · since 17 mai 2017 · until 23 juillet 2024

Active

Ended mandates

Rebecca TIELEMANS

Managing director · since 12 septembre 2022 · until 12 septembre 2028

Ended
Henri STEYAERT

Director · since 15 novembre 2019 · until 14 novembre 2025

Ended
Norman BARAZZUTTI

Director · since 17 mai 2017 · until 16 mai 2023

Ended
Norman BARAZZUTTI

Director · since 17 mai 2017 · until 14 septembre 2027

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates21/04/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Other28/04/2025
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Other28/04/2025
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates30/10/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates30/10/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates08/08/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates15/05/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates24/11/2022
    ONTSLAGEN - BENOEMINGEN
    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 20241,4 M €↓
  2. 2023
    Annual accounts 20233,4 M €↑
  3. 2022
    Annual accounts 20221 M €↓
  4. 2021
    Annual accounts 20211,8 M €↓
  5. 2020
    Annual accounts 20201,8 M €↑
  6. 2019
    Annual accounts 2019199,3 k €↓
  7. 2018
    Annual accounts 2018843,1 k €↑
  8. 2017
    Annual accounts 2017589,4 k €↑
  9. 2016
    Annual accounts 2016537,5 k €↑
  10. 2014
    Annual accounts 2014-248,4 k €↑
  11. 2013
    Annual accounts 2013-880,5 k €↓
  12. 2012
    Annual accounts 2012755,4 k €↑
  13. 2011
    Annual accounts 2011701,2 k €↑
  14. 2010
    Annual accounts 2010-90,3 k €↓
  15. 2009
    Annual accounts 200960,6 k €↓
  16. 2008
    Annual accounts 2008286,4 k €↑
  17. 2007
    Annual accounts 2007131,2 k €
  18. 06/10/1995
    IncorporationPublic limited company