ACTIVE

MSIG Specialty Marine

Financial year 2024 · Closed on 31/12/2024

Net result1 M €+8,0 %over 1 year
Revenue45,4 M €+15,1 %over 1 year
Equity7,5 M €+15,4 %over 1 year
Workforce11,3 ETP+20,2 %over 1 year

Identity

Source · BCE/KBO

MSIG Specialty Marine is a Public limited company incorporated in 2008. Its main activity is: Non-life insurance. Its registered office is in Schaerbeek. It employs on average 11,3 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0670.726.393
Incorporation
31/12/2008
Legal form
Public limited company
Registered office
Boulevard du Roi AlbertII 37
1030 Schaerbeek · BruxellesSee on map
Contributed capital
299 455,00 €
Latest accounts
31/12/2024
Average workforce
11,3 ETP
Joint committees (1)
  • 100
Signals
ProfitableGood liquidityPositive cashflowPositive EBITDAHigh revenue

Financials

Source · NBB, 11 filings

Trend over 5 financial years

20242023202220212020
Income statement
Revenue45,4 M €39,4 M €34,4 M €29,1 M €21,9 M €
EBITDA844,1 k €1,3 M €1,4 M €1,4 M €1,2 M €
Operating result647,8 k €1,1 M €1,9 M €1,4 M €1 M €
Net result1 M €933,8 k €1,3 M €992,7 k €641 k €
Balance sheet
Equity7,5 M €6,5 M €5,6 M €4,3 M €3,3 M €
Total assets31,8 M €24,8 M €22,6 M €28,7 M €17,3 M €
Cash19,9 M €8,3 M €15 M €11,5 M €8,9 M €
Debts23,8 M €17,6 M €16,4 M €23,1 M €12,6 M €
Other
Workforce11,3 ETP9,4 ETP8,1 ETP7,5 ETP6,2 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

11 active · 15 ended

Active mandates

Nikolaus-Martin Przybyla

Lid van de toezichtsraad · since 30 septembre 2024 · until 15 mai 2030

Active
RSBiesmans

Lid van de directieraad · since 16 mai 2024 · until 15 mai 2030 · 1008.637.276

Represented by Steven Biesmans

Active
Ludovic Sénécaut

Lid van de toezichtsraad · since 05 mai 2023 · until 30 septembre 2024

Active
Norbertus Maria Herkströter

Lid van de toezichtsraad · since 05 mai 2023 · until 15 mai 2028

Active
Takahiro Hama

Lid van de toezichtsraad · since 05 mai 2023 · until 15 mai 2028

Active
Steven Biesmans

Lid van de directieraad · since 01 novembre 2021 · until 15 mai 2024

Active
Herbert Baeten

Lid van de toezichtsraad · since 31 juillet 2021 · until 15 mai 2025

Active
Adriana Maaike Cornelia De Lint

Lid van de directieraad · since 30 janvier 2020 · until 15 mai 2026

Active
Johannes Petrus Walkeuter

Lid van de directieraad · since 30 janvier 2020 · until 15 mai 2026

Active
Koenraad Anthonius Jacob Meijer

Lid van de directieraad · since 30 janvier 2020 · until 15 mai 2026

Active
Tom Oostra

Lid van de directieraad · since 30 janvier 2020 · until 15 mai 2026

Active

Ended mandates

Neil Walker

Lid van de toezichtsraad · since 22 mars 2024 · until 15 mai 2028

Ended
Ludovic Sénécaut

Lid van de toezichtsraad · since 05 mai 2023 · until 15 mai 2028

Ended
Norbert Herkströter

Lid van de toezichtsraad · since 05 mai 2023 · until 15 mai 2028

Ended
Steven Biesmans

Director · since 01 novembre 2021 · until 15 mai 2025

Ended

Other companies at this address

Boulevard du Roi AlbertII 37 1030 Schaerbeek
CompanyCBE no.
ATRIAS● Active
0836.258.873
0635.949.618
0536.164.530
1021.609.146
0848.530.066
LINEAS● Active
0896.067.192
LINEAS GROUP● Active
0822.966.806
0895.917.239
Modal Shifters● Active
0638.877.236
MSIG EUROPE● Active
0644.921.425
MWingz● Active
0738.987.372
0838.084.354
0681.706.003
Zefier● Active
0680.832.904

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date05/06/202606/06/202528/05/202402/06/202309/06/202216/06/2021
General meeting15/05/202615/05/202515/05/202415/05/202316/05/202217/05/2021
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, 11 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202515/05/202605/06/2026DutchPDF
Full model31/12/202415/05/202506/06/2025DutchPDF
Full model31/12/202315/05/202428/05/2024DutchPDF
Full model31/12/202215/05/202302/06/2023DutchPDF
Full model31/12/202116/05/202209/06/2022DutchPDF
Full model31/12/202017/05/202116/06/2021DutchPDF
Full model30/01/202003/02/202012/02/2020DutchPDF
Full model31/12/201929/05/202011/11/2020DutchPDF
Full model31/12/201804/06/201928/08/2019DutchPDF
Full model31/12/201729/05/201828/08/2019DutchPDF
Consolidated accounts31/12/201518/07/201628/02/2017DutchPDF

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

11 active · 15 ended

Active mandates

Nikolaus-Martin Przybyla

Lid van de toezichtsraad · since 30 septembre 2024 · until 15 mai 2030

Active
RSBiesmans

Lid van de directieraad · since 16 mai 2024 · until 15 mai 2030 · 1008.637.276

Represented by Steven Biesmans

Active
Ludovic Sénécaut

Lid van de toezichtsraad · since 05 mai 2023 · until 30 septembre 2024

Active
Norbertus Maria Herkströter

Lid van de toezichtsraad · since 05 mai 2023 · until 15 mai 2028

Active
Takahiro Hama

Lid van de toezichtsraad · since 05 mai 2023 · until 15 mai 2028

Active
Steven Biesmans

Lid van de directieraad · since 01 novembre 2021 · until 15 mai 2024

Active
Herbert Baeten

Lid van de toezichtsraad · since 31 juillet 2021 · until 15 mai 2025

Active
Adriana Maaike Cornelia De Lint

Lid van de directieraad · since 30 janvier 2020 · until 15 mai 2026

Active
Johannes Petrus Walkeuter

Lid van de directieraad · since 30 janvier 2020 · until 15 mai 2026

Active
Koenraad Anthonius Jacob Meijer

Lid van de directieraad · since 30 janvier 2020 · until 15 mai 2026

Active
Tom Oostra

Lid van de directieraad · since 30 janvier 2020 · until 15 mai 2026

Active

Ended mandates

Neil Walker

Lid van de toezichtsraad · since 22 mars 2024 · until 15 mai 2028

Ended
Ludovic Sénécaut

Lid van de toezichtsraad · since 05 mai 2023 · until 15 mai 2028

Ended
Norbert Herkströter

Lid van de toezichtsraad · since 05 mai 2023 · until 15 mai 2028

Ended
Steven Biesmans

Director · since 01 novembre 2021 · until 15 mai 2025

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates26/06/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates06/03/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates31/07/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates14/07/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates09/07/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other04/07/2025
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - BENAMING
    PDF
  • Mandates06/11/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/08/2024
    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 M €↑
  2. 2023
    Annual accounts 2023933,8 k €↓
  3. 2022
    Annual accounts 20221,3 M €↑
  4. 2021
    Annual accounts 2021992,7 k €↑
  5. 2020
    Annual accounts 2020641 k €
  6. 31/12/2008
    IncorporationPublic limited company