ACTIVE

Miller Europe

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Financial year 2025 · Closed on 31/12/2025

Net result10,3 M €-32,7 %over 1 year

Revenue44,3 M €+9,0 %over 1 year

Equity74 M €-32,6 %over 1 year

Workforce8,5 ETP+14,9 %over 1 year

Identity

Source · BCE/KBO

Miller Europe is a Private limited company incorporated in 2018. Its main activity is: Activities of insurance agents and brokers. Its registered office is in Ixelles. It employs on average 8,5 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0708.954.984
Incorporation: 11/10/2018
Legal form: Private limited company
Registered office: Avenue Louise 480
1050 Ixelles · BruxellesSee on map
Contributed capital: 60 318 550,00 €
Latest accounts: 31/12/2025
Average workforce: 8,5 ETP

Activities (NACE)

66220Activities of insurance agents and brokers· main 66220Activities of insurance agents and brokers

Joint committees (2)

3070
307000

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 7 filings

Trend over 7 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	44,3 M €	+9.0%	40,7 M €	+12.7%	36,1 M €		–		–
EBITDA	13,3 M €	-22.6%	17,2 M €	+0.7%	17,1 M €	-21.2%	21,7 M €	+75.0%	12,4 M €
Operating result	7,7 M €	-27.5%	10,6 M €	-4.0%	11 M €	-28.8%	15,5 M €	+144%	6,3 M €
Net result	10,3 M €	-32.7%	15,2 M €	+3.6%	14,7 M €	-8.4%	16,1 M €	+225%	4,9 M €
Balance sheet
Equity	74 M €	-32.6%	109,7 M €	+16.1%	94,5 M €	+18.4%	79,8 M €	+25.2%	63,7 M €
Total assets	167,2 M €	+4.2%	160,5 M €	+1.7%	157,8 M €	+18.6%	133,1 M €	+49.7%	88,9 M €
Cash	27,9 M €	-10.5%	31,2 M €	-49.3%	61,5 M €	+19.9%	51,3 M €	+98.0%	25,9 M €
Debts	91,9 M €	+86.4%	49,3 M €	-21.7%	63 M €	+18.5%	53,1 M €	+115%	24,7 M €
Other
Workforce	8,5 ETP	+14.9%	7,4 ETP	+45.1%	5,1 ETP	+4.1%	4,9 ETP	-15.5%	5,8 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 100 M€ and 250 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

5 active · 4 ended

Active mandates

Timothy Nagle

Director · since 18 décembre 2024

Active

Mirco Ceron

Director · since 12 mars 2024

Active

William Arminjon

Director · since 12 mars 2024

Active

Arnaud FROIDEVAL

Director · since 09 octobre 2018

Active

Benjamin Speers

Director · since 09 octobre 2018

Active

Ended mandates

Oscar Holloway

Director · since 12 juin 2024 · until 04 octobre 2024

Ended

Ben Speers

Director · since 09 octobre 2018

Ended

Pierre Guntzberger

Director · since 09 octobre 2018 · until 12 mars 2024

Ended

Pierre GUNTZBERGER

Director · since 09 octobre 2018

Ended

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Avenue Louise 480 1050 Ixelles

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AFRICAN INFRASTRUCTURE DEVELOPMENT GROUP● Active	1013.242.204
AF SERVICES● Liquidation	0840.320.995
ALL MEDIA HOLDING● Active	0538.721.469
Alter Vanderstappen Robert● Active	1002.246.362
AQUILA GARDEN● Active	0841.909.817
AUDEBREY● Active	1036.551.403
AUNERIPHARM● Active	1002.796.292
AURE● Active	0423.180.019
AV BELGIUM II● Active	0776.987.222
AXPO BENELUX● Active	0810.770.639
Belgian Family Office Association● Active	1002.602.490
BELGIUM BUSINESS OIL● Active	0712.854.879

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full 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	23/06/2026	02/07/2025	05/07/2024	19/07/2023	11/07/2022	14/07/2021
General meeting	19/06/2026	20/06/2025	21/06/2024	16/06/2023	08/07/2022	08/07/2021
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, 7 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	19/06/2026	23/06/2026	French	PDF
Full model	31/12/2024	20/06/2025	02/07/2025	French	PDF
Full model	31/12/2023	21/06/2024	05/07/2024	French	PDF
Abridged model	31/12/2022	16/06/2023	19/07/2023	French	PDF
Abridged model	31/12/2021	08/07/2022	11/07/2022	French	PDF
Abridged model	31/12/2020	08/07/2021	14/07/2021	French	PDF
Abridged model	31/12/2019	20/07/2020	18/08/2020	French	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 M€ and 250 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

5 active · 4 ended

Active mandates

Timothy Nagle

Director · since 18 décembre 2024

Active

Mirco Ceron

Director · since 12 mars 2024

Active

William Arminjon

Director · since 12 mars 2024

Active

Arnaud FROIDEVAL

Director · since 09 octobre 2018

Active

Benjamin Speers

Director · since 09 octobre 2018

Active

Ended mandates

Oscar Holloway

Director · since 12 juin 2024 · until 04 octobre 2024

Ended

Ben Speers

Director · since 09 octobre 2018

Ended

Pierre Guntzberger

Director · since 09 octobre 2018 · until 12 mars 2024

Ended

Pierre GUNTZBERGER

Director · since 09 octobre 2018

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Other15/09/2026
Déclaration d’actionnaire unique
PDF
Mandates06/01/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates24/10/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates25/09/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates23/07/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates19/03/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates17/03/2022
DEMISSIONS, NOMINATIONS
PDF
Registered office23/11/2021
SIEGE SOCIAL
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 202510,3 M €↓
2024
Annual accounts 202415,2 M €↑
18/12/2024
nominationTimothy NAGLE — administrateur
21/06/2024
nominationChristophe Boschmans — wettelijke vertegenwoordiger van de commissaris
12/06/2024
nominationOscar Holloway — administrateur
12/03/2024
nominationMirco Ceron — administrateur
12/03/2024
nominationWilliam Arminjon — administrateur
2023
Annual accounts 202314,7 M €↓
2022
Annual accounts 202216,1 M €↑
2021
Annual accounts 20214,9 M €↑
2020
Annual accounts 2020361,5 k €↑
2019
Annual accounts 2019-1,9 M €
11/10/2018
IncorporationPrivate limited company

Miller Europe

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