ACTIVE

Mithras Underwriting Europe SRL

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Financial year 2025 · Closed on 31/12/2025

Net result2,1 M €-13,6 %over 1 year

Gross margin11,2 M €+10,2 %over 1 year

Equity8,6 M €+33,1 %over 1 year

Workforce6,9 ETP+19,0 %over 1 year

Identity

Source · BCE/KBO

Mithras Underwriting Europe SRL is a Private limited company incorporated in 2018. Its main activity is: Activities of insurance agents and brokers. Its registered office is in Saint-Josse-ten-Noode. It employs on average 6,9 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0707.893.825
Incorporation: 08/10/2018
Legal form: Private limited company
Registered office: Boulevard Saint-Lazare 4 box 10
1210 Saint-Josse-ten-Noode · BruxellesSee on map
Contributed capital: 18 550,00 €
Latest accounts: 31/12/2025
Average workforce: 6,9 ETP

Activities (NACE)

66220Activities of insurance agents and brokers· main 66220Activities of insurance agents and brokers 82100Office administrative and support activities 82110Combined office administrative service activities

Joint committees (2)

307
30700

Signals

ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 8 filings

Trend over 7 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	11,2 M €	+10.2%	10,2 M €	+47.4%	6,9 M €	+31.1%	5,3 M €	-7.4%	5,7 M €
EBITDA	3 M €	+13.4%	2,6 M €	+31.7%	2 M €	+93.3%	1 M €	-48.6%	2 M €
Operating result	3 M €	+13.1%	2,6 M €	+31.6%	2 M €	+93.3%	1 M €	-48.6%	2 M €
Net result	2,1 M €	-13.6%	2,5 M €	+79.1%	1,4 M €	+163%	527,4 k €	-65.3%	1,5 M €
Balance sheet
Equity	8,6 M €	+33.1%	6,5 M €	+62.1%	4 M €	+36.6%	2,9 M €	+22.0%	2,4 M €
Total assets	51,3 M €	+10.5%	46,4 M €	+32.4%	35 M €	+263%	9,7 M €	+24.3%	7,8 M €
Cash	9,6 M €	+14.5%	8,4 M €	-19.5%	10,4 M €	+58.9%	6,5 M €	+28.1%	5,1 M €
Debts	40 M €	+1.4%	39,4 M €	+33.1%	29,6 M €	+347%	6,6 M €	+28.2%	5,2 M €
Other
Workforce	6,9 ETP	+19.0%	5,8 ETP	-6.5%	6,2 ETP	+8.8%	5,7 ETP	+7.5%	5,3 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 31/12/2025

8 active · 4 ended

Active mandates

Paolo Mattiozzi

Director · since 03 décembre 2024

Active

Sofie Temmerman

Director · since 14 janvier 2019

Active

David Ronald Hon David Colville

Director · since 05 octobre 2018

Active

Martin Paul Lunn

Director · since 05 octobre 2018

Active

Matteo Maria Giuliani

Director · since 05 octobre 2018

Active

Peter Eric Goff

Director · since 05 octobre 2018

Active

Pierluigi Pezone

Director · since 05 octobre 2018

Active

Silvestro De Besi

Director · since 05 octobre 2018

Active

Ended mandates

Joseph Failla

Director · since 01 août 2022 · until 19 septembre 2024

Ended

Joseph Failla

Director · since 01 août 2022

Ended

Eric Peter Goff

Director · since 05 octobre 2018

Ended

Roger John Bramble

Director · since 05 octobre 2018

Ended

Other companies at this address

Boulevard Saint-Lazare 4 1210 Saint-Josse-ten-Noode

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FINIPAS● Active	0434.182.787
FORTITUDE NATION● Active	0764.674.655
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Plenty Coop● Active	1022.818.379
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Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	30/07/2026	02/07/2025	30/07/2024	13/07/2023	21/06/2022	19/10/2021
General meeting	14/07/2026	18/06/2025	30/06/2024	12/07/2023	14/06/2022	08/06/2021
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, 8 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	14/07/2026	30/07/2026	French	PDF
Abridged model	31/12/2024	18/06/2025	02/07/2025	French	PDF
Abridged model	31/12/2023	30/06/2024	30/07/2024	French	PDF
Abridged model	31/12/2022	12/07/2023	13/07/2023	French	PDF
Abridged model	31/12/2021	14/06/2022	21/06/2022	French	PDF
Abridged modelCorrection	31/12/2020	08/06/2021	19/10/2021	French	PDF
Abridged model	31/12/2020	08/06/2021	10/06/2021	Dutch	PDF
Abridged model	31/12/2019	09/06/2020	17/06/2020	French	PDF

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 31/12/2025

8 active · 4 ended

Active mandates

Paolo Mattiozzi

Director · since 03 décembre 2024

Active

Sofie Temmerman

Director · since 14 janvier 2019

Active

David Ronald Hon David Colville

Director · since 05 octobre 2018

Active

Martin Paul Lunn

Director · since 05 octobre 2018

Active

Matteo Maria Giuliani

Director · since 05 octobre 2018

Active

Peter Eric Goff

Director · since 05 octobre 2018

Active

Pierluigi Pezone

Director · since 05 octobre 2018

Active

Silvestro De Besi

Director · since 05 octobre 2018

Active

Ended mandates

Joseph Failla

Director · since 01 août 2022 · until 19 septembre 2024

Ended

Joseph Failla

Director · since 01 août 2022

Ended

Eric Peter Goff

Director · since 05 octobre 2018

Ended

Roger John Bramble

Director · since 05 octobre 2018

Ended

Ownership and network

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Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette

Registered office09/04/2026
SIEGE SOCIAL
PDF
Mandates16/01/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates18/12/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates29/10/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates22/10/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates20/12/2022
DEMISSIONS, NOMINATIONS
PDF
Mandates19/08/2022
DEMISSIONS, NOMINATIONS
PDF
Other06/02/2020
DIVERS
PDF

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

See the Business plan

Timeline

2025
Annual accounts 20252,1 M €↓
2024
Annual accounts 20242,5 M €↑
2023
Annual accounts 20231,4 M €↑
2022
Annual accounts 2022527,4 k €↓
2021
Annual accounts 20211,5 M €↑
2020
Annual accounts 2020958,9 k €↑
2019
Annual accounts 2019-85,1 k €
08/10/2018
IncorporationPrivate limited company

Mithras Underwriting Europe SRL

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