ACTIVE

U C B

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Financial year 2025 · closed on 31/12/2025

Net result

383,4 M €

-1.6% YoY

Equity

9,2 Md €

+1.2% YoY

Workforce

207,2 ETP

+7.9% YoY

What does U C B do?

U C B is a Public limited company incorporated in 1925. Its registered office is in Anderlecht. It employs on average 207,2 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0403.053.608

Incorporation

26/05/1925

Legal form

Public limited company

Registered office

Allée de la Recherche 60
1070 Anderlecht · BruxellesSee on map

Contributed capital

2 583 058 636,00 €

Latest accounts

31/12/2025

Average workforce

207,2 ETP

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008
Income statement
EBITDA	-38,7 M €	-76.9%	-21,9 M €	+43.5%	-38,7 M €	-47.2%	-26,3 M €	-31.8%	-20,0 M €	-69.5%	-11,8 M €	+74.9%	-46,9 M €	+10.6%	-52,5 M €	-2.3%	-51,3 M €	-13.8%	-45,1 M €	+19.8%	-56,3 M €	+1.5%	-57,1 M €	-173%	-21,0 M €	+42.8%	-36,6 M €	+47.2%	-69,3 M €	-1950%	3,7 M €	+465%	-1,0 M €	+92.4%	-13,6 M €
Operating result	-50,4 M €	-4.0%	-48,5 M €	-9.6%	-44,2 M €	-135%	-18,8 M €	+32.3%	-27,8 M €	-84.7%	-15,1 M €	+69.5%	-49,4 M €	+9.4%	-54,5 M €	-1.7%	-53,6 M €	-12.9%	-47,5 M €	+20.2%	-59,5 M €	+2.2%	-60,8 M €	-137%	-25,7 M €	+37.9%	-41,4 M €	+43.9%	-73,8 M €	-1308%	-5,2 M €	+37.5%	-8,4 M €	+59.0%	-20,5 M €
Net result	383,4 M €	-1.6%	389,6 M €	+42.1%	274,1 M €	+30.6%	209,8 M €	-33.0%	313,1 M €	-91.7%	3,8 Md €	+1465%	242,2 M €	+981%	22,4 M €	-38.3%	36,3 M €	-77.4%	160,6 M €	-6.4%	171,6 M €	+69.1%	101,5 M €	-47.5%	193,4 M €	-40.2%	323,2 M €	-73.1%	1,2 Md €	+448%	219,2 M €	+18.0%	185,8 M €	-27.5%	256,3 M €
Balance sheet
Equity	9,2 Md €	+1.2%	9,1 Md €	+1.4%	8,9 Md €	+0.2%	8,9 Md €	-0.5%	9,0 Md €	+0.7%	8,9 Md €	+66.5%	5,3 Md €	+0.0%	5,3 Md €	-3.8%	5,5 Md €	-3.3%	5,7 Md €	-1.0%	5,8 Md €	-0.7%	5,8 Md €	+6.0%	5,5 Md €	-0.1%	5,5 Md €	+2.5%	5,4 Md €	+23.5%	4,4 Md €	+0.9%	4,3 Md €	+0.2%	4,3 Md €
Total assets	12,5 Md €	-5.3%	13,2 Md €	+1.1%	13,1 Md €	+0.6%	13,0 Md €	+18.7%	10,9 Md €	-4.0%	11,4 Md €	+65.9%	6,9 Md €	-2.6%	7,0 Md €	-11.6%	8,0 Md €	-0.4%	8,0 Md €	-12.7%	9,2 Md €	+0.3%	9,1 Md €	-4.7%	9,6 Md €	+4.4%	9,2 Md €	+0.5%	9,1 Md €	+14.4%	8,0 Md €	+0.5%	7,9 Md €	+32.6%	6,0 Md €
Cash	2,3 M €	-94.4%	40,1 M €	+2.3%	39,2 M €	+187%	13,6 M €	-43.5%	24,1 M €	+48.8%	16,2 M €	-24.0%	21,3 M €	-82.6%	122,4 M €	+344%	27,6 M €	-5.4%	29,1 M €	-68.5%	92,6 M €	-8.2%	100,8 M €	+2246%	4,3 M €	-96.5%	121,7 M €	+44.3%	84,3 M €	+5179%	1,6 M €	-17.6%	1,9 M €	+207%	631,3 k €
Debts	3,2 Md €	-19.9%	4,0 Md €	+0.5%	4,0 Md €	+1.3%	4,0 Md €	+111%	1,9 Md €	-21.2%	2,4 Md €	+64.2%	1,4 Md €	-11.5%	1,6 Md €	-29.9%	2,3 Md €	+9.6%	2,1 Md €	-34.2%	3,2 Md €	+2.3%	3,2 Md €	-19.4%	3,9 Md €	+11.6%	3,5 Md €	-4.1%	3,7 Md €	+1.8%	3,6 Md €	+0.1%	3,6 Md €	+117%	1,7 Md €
Other
Workforce	207,2 ETP	+7.9%	192,0 ETP	+1.4%	189,4 ETP	-0.1%	189,5 ETP	-0.3%	190,1 ETP	+0.8%	188,6 ETP	+6.8%	176,6 ETP	+2.6%	172,2 ETP	+15.9%	148,6 ETP	+4.5%	142,2 ETP	+6.0%	134,1 ETP	+9.4%	122,6 ETP	+6.1%	115,5 ETP	+13.7%	101,6 ETP	+14.4%	88,8 ETP	+10.3%	80,5 ETP	-1.6%	81,8 ETP	+5.4%	77,6 ETP

Estimate

Indicative valuation

As an indication, this company is worth

more than 1.000 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 15 active · 106 ended

Active mandates

Fiona POWRIE

Director · since 01 janvier 2026 · until 26 avril 2029

Active

Jonathan PEACOCK

Chairman of the board of directors · since 24 avril 2025 · until 26 avril 2029

Active

Stefaan HEYLEN

Director · since 24 avril 2025 · until 26 avril 2029

Active

Charles-Antoine JANSSEN

Director · since 25 avril 2024 · until 27 avril 2028

Active

Dolca THOMAS

Director · since 25 avril 2024 · until 27 avril 2028

Active

Nefertiti GREENE

Director · since 25 avril 2024 · until 27 avril 2028

Active

Pierre GURDJIAN

Director · since 25 avril 2024 · until 27 avril 2028

Active

Rodolfo SAVITZKY

Director · since 25 avril 2024 · until 27 avril 2028

Active

Ulf WIINBERG

Director · since 25 avril 2024 · until 27 avril 2028

Active

Cyril JANSSEN

Director · since 27 avril 2023 · until 29 avril 2027

Active

Jan BERGER

Director · since 27 avril 2023 · until 29 avril 2027

Active

Maëlys CASTELLA

Director · since 27 avril 2023 · until 29 avril 2027

Active

Cédric van RIJCKEVORSEL

Director · since 28 avril 2022 · until 30 avril 2026

Active

Jean-Christophe TELLIER

Director · since 28 avril 2022 · until 30 avril 2026

Active

Kay DAVIES

Director · since 28 avril 2022 · until 30 avril 2026

Active

Ended mandates

Jonathan PEACOCK

Chairman of the board of directors · since 09 mars 2023 · until 24 avril 2025

Ended

Albrecht DE GRAEVE

Director · since 29 avril 2021 · until 25 avril 2024

Ended

Albrecht DE GRAEVE

Director · since 29 avril 2021 · until 24 avril 2025

Ended

Fiona du MONCEAU

Chairman of the board of directors · since 29 avril 2021 · until 24 avril 2025

Ended

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UCB Fipar● Active	0403.198.811
UCB PHARMA● Active	0403.096.168
UCB Pillar 2● Active	1011.675.752
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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full 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	12/05/2026	25/04/2025	06/05/2024	15/05/2023	20/05/2022	30/04/2021
General meeting	30/04/2026	24/04/2025	25/04/2024	27/04/2023	28/04/2022	29/04/2021
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

Ratios

Financial ratios

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Filings

Annual accounts filings

80 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	30/04/2026	12/05/2026	Dutch	PDF
Full model	31/12/2025	30/04/2026	12/05/2026	French	PDF
m120-f-p	31/12/2025	30/04/2026	12/05/2026	French	PDF
m120-f-p	31/12/2025	30/04/2026	12/05/2026	Dutch	PDF
Full model	31/12/2024	24/04/2025	25/04/2025	Dutch	PDF
Full model	31/12/2024	24/04/2025	25/04/2025	French	PDF
m120-f-p	31/12/2024	24/04/2025	15/05/2025	Dutch	PDF
m120-f-p	31/12/2024	24/04/2025	15/05/2025	French	PDF
Full model	31/12/2023	25/04/2024	06/05/2024	Dutch	PDF
Full model	31/12/2023	25/04/2024	06/05/2024	French	PDF
m120-f-p	31/12/2023	25/04/2024	08/05/2024	Dutch	PDF
m120-f-p	31/12/2023	25/04/2024	08/05/2024	French	PDF
Full model	31/12/2022	27/04/2023	15/05/2023	Dutch	PDF
Full model	31/12/2022	27/04/2023	15/05/2023	French	PDF
m120-f-p	31/12/2022	27/04/2023	23/05/2023	French	PDF
m120-f-p	31/12/2022	27/04/2023	23/05/2023	Dutch	PDF
Full model	31/12/2021	28/04/2022	20/05/2022	French	PDF
Full model	31/12/2021	28/04/2022	20/05/2022	Dutch	PDF
m120-f-p	31/12/2021	28/04/2022	20/05/2022	Dutch	PDF
m120-f-p	31/12/2021	28/04/2022	20/05/2022	French	PDF
Full model	31/12/2020	29/04/2021	30/04/2021	Dutch	PDF
Full model	31/12/2020	29/04/2021	30/04/2021	French	PDF
m120-f-p	31/12/2020	01/01/9999	30/04/2021	Dutch	PDF
m120-f-p	31/12/2020	01/01/9999	30/04/2021	French	PDF
Full model	31/12/2019	30/04/2020	07/05/2020	Dutch	PDF
Full model	31/12/2019	30/04/2020	07/05/2020	French	PDF
m120-f-p	31/12/2019	30/04/2020	07/05/2020	Dutch	PDF
m120-f-p	31/12/2019	30/04/2020	07/05/2020	French	PDF
Full model	31/12/2018	25/04/2019	10/05/2019	Dutch	PDF
Full model	31/12/2018	25/04/2019	10/05/2019	French	PDF
m120-f-p	31/12/2018	25/04/2019	22/05/2019	Dutch	PDF
m120-f-p	31/12/2018	25/04/2019	22/05/2019	French	PDF
Full model	31/12/2017	26/04/2018	02/05/2018	Dutch	PDF
Full model	31/12/2017	26/04/2018	02/05/2018	French	PDF
m120-f-p	31/12/2017	26/04/2018	02/05/2018	French	PDF
m120-f-p	31/12/2017	26/04/2018	02/05/2018	Dutch	PDF
Full model	31/12/2016	26/04/2017	02/05/2017	Dutch	PDF
Full model	31/12/2016	26/04/2017	02/05/2017	French	PDF
m120-f-p	31/12/2016	26/04/2017	04/05/2017	Dutch	PDF
m120-f-p	31/12/2016	26/04/2017	04/05/2017	French	PDF
Full model	31/12/2015	28/04/2016	01/06/2016	Dutch	PDF
Full model	31/12/2015	28/04/2016	01/06/2016	French	PDF
m120-f-p	31/12/2015	28/04/2016	10/05/2016	Dutch	PDF
m120-f-p	31/12/2015	28/04/2016	10/05/2016	French	PDF
Full model	31/12/2014	30/04/2015	10/06/2015	French	PDF
Full model	31/12/2014	30/04/2015	10/06/2015	Dutch	PDF
m120-f-p	31/12/2014	30/04/2015	04/06/2015	Dutch	PDF
m120-f-p	31/12/2014	30/04/2015	04/06/2015	French	PDF
Full model	31/12/2013	24/04/2014	08/08/2014	Dutch	PDF
Full model	31/12/2013	24/04/2014	08/08/2014	French	PDF
m120-f-p	31/12/2013	24/04/2014	08/08/2014	Dutch	PDF
m120-f-p	31/12/2013	24/04/2014	08/08/2014	French	PDF
Full model	31/12/2012	25/04/2013	02/08/2013	Dutch	PDF
Full model	31/12/2012	25/04/2013	02/08/2013	French	PDF
m120-f-p	31/12/2012	25/04/2013	17/09/2013	French	PDF
m120-f-p	31/12/2012	25/04/2013	17/09/2013	Dutch	PDF
Full model	31/12/2011	26/04/2012	20/06/2012	French	PDF
Full model	31/12/2011	26/04/2012	20/06/2012	Dutch	PDF
m120-f-p	31/12/2011	26/04/2012	20/06/2012	Dutch	PDF
m120-f-p	31/12/2011	26/04/2012	20/06/2012	French	PDF
Full model	31/12/2010	28/04/2011	12/05/2011	French	PDF
Full model	31/12/2010	28/04/2011	12/05/2011	Dutch	PDF
m120-f-p	31/12/2010	28/04/2011	17/05/2011	Dutch	PDF
m120-f-p	31/12/2010	28/04/2011	17/05/2011	French	PDF
Full model	31/12/2009	29/04/2010	06/05/2010	Dutch	PDF
Full model	31/12/2009	29/04/2010	06/05/2010	French	PDF
m120-f-p	31/12/2009	29/04/2010	05/05/2010	Dutch	PDF
m120-f-p	31/12/2009	29/04/2010	04/05/2010	French	PDF
Full model	31/12/2008	30/04/2009	26/05/2009	Dutch	PDF
Full model	31/12/2008	30/04/2009	25/05/2009	French	PDF
m120-f-p	31/12/2008	30/04/2009	19/05/2009	Dutch	PDF
m120-f-p	31/12/2008	30/04/2009	19/05/2009	French	PDF
Full model	31/12/2007	24/04/2008	03/06/2008	Dutch	PDF
Full model	31/12/2007	24/04/2008	22/05/2008	French	PDF
m120-f-p	31/12/2007	24/04/2008	22/05/2008	French	PDF
m120-f-p	31/12/2007	24/04/2008	22/05/2008	Dutch	PDF
Full model	31/12/2006	26/04/2007	15/05/2007	Dutch	PDF
Full model	31/12/2006	26/04/2007	15/05/2007	French	PDF
m120-f-p	31/12/2006	26/04/2007	15/05/2007	Dutch	PDF
m120-f-p	31/12/2006	26/04/2007	15/05/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

more than 1.000 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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 15 active · 106 ended

Active mandates

Fiona POWRIE

Director · since 01 janvier 2026 · until 26 avril 2029

Active

Jonathan PEACOCK

Chairman of the board of directors · since 24 avril 2025 · until 26 avril 2029

Active

Stefaan HEYLEN

Director · since 24 avril 2025 · until 26 avril 2029

Active

Charles-Antoine JANSSEN

Director · since 25 avril 2024 · until 27 avril 2028

Active

Dolca THOMAS

Director · since 25 avril 2024 · until 27 avril 2028

Active

Nefertiti GREENE

Director · since 25 avril 2024 · until 27 avril 2028

Active

Pierre GURDJIAN

Director · since 25 avril 2024 · until 27 avril 2028

Active

Rodolfo SAVITZKY

Director · since 25 avril 2024 · until 27 avril 2028

Active

Ulf WIINBERG

Director · since 25 avril 2024 · until 27 avril 2028

Active

Cyril JANSSEN

Director · since 27 avril 2023 · until 29 avril 2027

Active

Jan BERGER

Director · since 27 avril 2023 · until 29 avril 2027

Active

Maëlys CASTELLA

Director · since 27 avril 2023 · until 29 avril 2027

Active

Cédric van RIJCKEVORSEL

Director · since 28 avril 2022 · until 30 avril 2026

Active

Jean-Christophe TELLIER

Director · since 28 avril 2022 · until 30 avril 2026

Active

Kay DAVIES

Director · since 28 avril 2022 · until 30 avril 2026

Active

Ended mandates

Jonathan PEACOCK

Chairman of the board of directors · since 09 mars 2023 · until 24 avril 2025

Ended

Albrecht DE GRAEVE

Director · since 29 avril 2021 · until 25 avril 2024

Ended

Albrecht DE GRAEVE

Director · since 29 avril 2021 · until 24 avril 2025

Ended

Fiona du MONCEAU

Chairman of the board of directors · since 29 avril 2021 · until 24 avril 2025

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Capital / shares18/05/2026
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - DIVERS - CAPITAL, ACTIONS
PDF
Capital / shares18/05/2026
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DIVERSEN - KAPITAAL - AANDELEN
PDF
Mandates16/04/2026
DEMISSIONS, NOMINATIONS
PDF
Mandates16/04/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates02/07/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates02/07/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates28/05/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DIVERSEN - ONTSLAGEN - BENOEMINGEN
PDF
Mandates28/05/2024
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - DIVERS - DEMISSIONS, NOMINATIONS
PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

01/01/2026
nominationFiona Powrie — onafhankelijk bestuurder
01/01/2026
nominationFiona Powrie — administratrice indépendante
2025
Annual accounts 2025383,4 M €↓
24/04/2025
reconductionJonathan Peacock — onafhankelijk bestuurder en Voorzitter van de Raad van Bestuur
24/04/2025
nominationStefaan Heylen — bestuurder
24/04/2025
reconductionJonathan Peacock — administrateur indépendant
24/04/2025
nominationStefaan Heylen — administrateur
2024
Annual accounts 2024389,6 M €↑
25/04/2024
reconductionPierre Gurdjian — administrateur indépendant
25/04/2024
reconductionUlf Wiinberg — administrateur indépendant
25/04/2024
reconductionCharles-Antoine Janssen — administrateur
25/04/2024
nominationNefertiti Greene — administratrice indépendante
25/04/2024
nominationDolca Thomas — administratrice indépendante
25/04/2024
nominationRodolfo Savitzky — administrateur indépendant
25/04/2024
reconductionPierre Gurdjian — onafhankelijk bestuurder
25/04/2024
reconductionUlf Wiinberg — onafhankelijk bestuurder
25/04/2024
reconductionCharles-Antoine Janssen — bestuurder
25/04/2024
nominationNefertiti Greene — onafhankelijke bestuurder
25/04/2024
nominationDolca Thomas — onafhankelijke bestuurder
25/04/2024
nominationRodolfo Savitzky — onafhankelijke bestuurder
25/04/2024
reconductionMazars Bedrijfsrevisoren - Réviseurs d'Entreprises CVBA — Commissaris
2023
Annual accounts 2023274,1 M €↑
27/04/2023
reconductionJan Berger — administratrice indépendante
27/04/2023
reconductionCyril Janssen — administrateur
27/04/2023
nominationMaëlys Castella — administratrice indépendante
09/03/2023
nominationJonathan Peacock — voorzitter
09/03/2023
nominationJonathan Peacock — président
2022
Annual accounts 2022209,8 M €↓
2021
Annual accounts 2021313,1 M €↓
2021
Name changeUCB SA
2020
Annual accounts 20203,8 Md €↑
2019
Annual accounts 2019242,2 M €↑
2018
Annual accounts 201822,4 M €↓
2017
Annual accounts 201736,3 M €↓
2016
Annual accounts 2016160,6 M €↓
2015
Annual accounts 2015171,6 M €↑
2014
Annual accounts 2014101,5 M €↓
2013
Annual accounts 2013193,4 M €↓
2012
Annual accounts 2012323,2 M €↓
2011
Annual accounts 20111,2 Md €↑
2010
Annual accounts 2010219,2 M €↑
2009
Annual accounts 2009185,8 M €↓
2008
Annual accounts 2008256,3 M €
2008
Name changeU C B
26/05/1925
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

U C B

Overview

What does U C B do?

Trend over 18 financial years

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