Norgine
0403.077.461 · rovalta.com · 22/09/2026
ACTIVE
Norgine
Financial year 2024 · closed on 31/12/2024
Net result
776,5 k €
+145.3% YoY
Revenue
19,1 M €
+4.6% YoY
Equity
7 M €
+12.7% YoY
Workforce
23,6 ETP
-14.2% YoY
Overview
What does Norgine do?
Norgine is a Public limited company incorporated in 1930. Its registered office is in Leuven. It employs on average 23,6 ETP workers (FTE).
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0403.077.461
Incorporation
01/01/1930
Legal form
Public limited company
Registered office
Philipssite 5 box 1
3001 Leuven · FlandreSee on map
3001 Leuven · FlandreSee on map
Contributed capital
99 157,00 €
Latest accounts
31/12/2024
Average workforce
23,6 ETP
Joint committees (2)
- 200
- 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
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Financials
Trend over 16 financial years
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2009 | 2008 | 2007 | 2006 | ||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||
| Revenue | 19,1 M € | +4.6% | 18,3 M € | +3.8% | 17,6 M € | +2.6% | 17,2 M € | +14.5% | 15 M € | -1.5% | 15,2 M € | +24.0% | 12,3 M € | +13.8% | 10,8 M € | +8.9% | 9,9 M € | -21.4% | 12,6 M € | +7.9% | 11,7 M € | +4.3% | 11,2 M € | -29.0% | 15,8 M € | +6.8% | 14,8 M € | +4.2% | 14,2 M € | +13.7% | 12,5 M € |
| EBITDA | 1,1 M € | +353% | 239,4 k € | -52.4% | 502,8 k € | -5.4% | 531,6 k € | +966% | 49,8 k € | -93.9% | 823,8 k € | +314% | 199 k € | -69.5% | 651,9 k € | +6.6% | 611,5 k € | -23.6% | 800 k € | +22.5% | 653 k € | -20.7% | 823 k € | -78.6% | 3,8 M € | +134% | 1,6 M € | -28.1% | 2,3 M € | +66.5% | 1,4 M € |
| Operating result | 1,1 M € | +396% | 215,7 k € | -53.7% | 465,7 k € | -3.5% | 482,7 k € | +1944% | 23,6 k € | -97.0% | 792,3 k € | +387% | 162,7 k € | -73.5% | 615 k € | +5.5% | 582,8 k € | -25.0% | 776,7 k € | +23.7% | 627,8 k € | -19.4% | 778,5 k € | -79.6% | 3,8 M € | +140% | 1,6 M € | -29.1% | 2,2 M € | +70.9% | 1,3 M € |
| Net result | 776,5 k € | +145% | 316,6 k € | +39.0% | 227,7 k € | -23.9% | 299,2 k € | +641% | -55,3 k € | -112% | 472,4 k € | +906% | 47 k € | -85.3% | 318,6 k € | -0.9% | 321,6 k € | -26.2% | 436 k € | +24.2% | 351 k € | -20.3% | 440,5 k € | -82.3% | 2,5 M € | +127% | 1,1 M € | -40.9% | 1,9 M € | +248% | 532,2 k € |
| Balance sheet | |||||||||||||||||||||||||||||||
| Equity | 7 M € | +12.7% | 6,2 M € | +5.4% | 5,9 M € | +4.0% | 5,6 M € | +5.6% | 5,3 M € | -1.0% | 5,4 M € | +9.6% | 4,9 M € | +1.0% | 4,9 M € | +7.0% | 4,5 M € | +7.6% | 4,2 M € | +11.5% | 3,8 M € | +10.2% | 3,4 M € | -30.8% | 5 M € | +49.3% | 3,3 M € | -0.1% | 3,3 M € | +11.8% | 3 M € |
| Total assets | 14,1 M € | +46.3% | 9,6 M € | +9.5% | 8,8 M € | +24.5% | 7,1 M € | +2.1% | 6,9 M € | -16.5% | 8,3 M € | +1.0% | 8,2 M € | +22.5% | 6,7 M € | +2.7% | 6,5 M € | +7.0% | 6,1 M € | +2.0% | 6 M € | -5.5% | 6,3 M € | -23.4% | 8,2 M € | +12.0% | 7,4 M € | +5.1% | 7 M € | +35.3% | 5,2 M € |
| Cash | 208,6 k € | -0.2% | 209,1 k € | +1071% | 17,9 k € | -90.5% | 188 k € | +9.3% | 172 k € | -33.3% | 257,7 k € | +1.4% | 254,1 k € | +27.2% | 199,9 k € | +27.1% | 157,2 k € | +22.2% | 128,6 k € | +59.0% | 80,9 k € | -19.8% | 100,9 k € | -90.8% | 1,1 M € | +98.0% | 552,5 k € | -50.3% | 1,1 M € | +53.6% | 724,2 k € |
| Debts | 7 M € | +107% | 3,4 M € | +17.1% | 2,9 M € | +108% | 1,4 M € | -10.4% | 1,5 M € | -45.8% | 2,8 M € | -12.1% | 3,2 M € | +79.6% | 1,8 M € | -7.5% | 1,9 M € | +5.7% | 1,8 M € | -14.8% | 2,2 M € | -24.5% | 2,9 M € | -12.2% | 3,3 M € | -14.8% | 3,8 M € | +4.6% | 3,7 M € | +73.5% | 2,1 M € |
| Other | |||||||||||||||||||||||||||||||
| Workforce | 23,6 ETP | -14.2% | 27,5 ETP | -7.4% | 29,7 ETP | -6.6% | 31,8 ETP | +2.3% | 31,1 ETP | -1.9% | 31,7 ETP | -2.2% | 32,4 ETP | -6.1% | 34,5 ETP | -10.9% | 38,7 ETP | -5.4% | 40,9 ETP | -5.1% | 43,1 ETP | +0.5% | 42,9 ETP | -2.7% | 44,1 ETP | -1.3% | 44,7 ETP | +4.4% | 42,8 ETP | +4.1% | 41,1 ETP |
Estimate
Indicative valuation
As an indication, this company is worth
between 2,5 M€ and 5 M€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2024 · 3 active · 37 ended
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Financials
Annual accounts
Full financial information
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|
| Type of account | Full model | Full model | Full model | Full model | Full model | Full model |
| Start of the financial year | 01/01/2024 | 01/01/2023 | 01/01/2022 | 01/01/2021 | 01/01/2020 | 01/01/2019 |
| Closing of the financial year | 31/12/2024 | 31/12/2023 | 31/12/2022 | 31/12/2021 | 31/12/2020 | 31/12/2019 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 06/10/2025 | 29/07/2025 | 29/04/2024 | 31/08/2022 | 21/05/2021 | 24/11/2020 |
| General meeting | 26/09/2025 | 16/07/2025 | 26/04/2024 | 30/06/2022 | 18/05/2021 | 15/05/2020 |
| 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
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
21 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Full model | 31/12/2024 | 26/09/2025 | 06/10/2025 | Dutch | |
| Full model | 31/12/2023 | 16/07/2025 | 29/07/2025 | Dutch | |
| Full model | 31/12/2022 | 26/04/2024 | 29/04/2024 | Dutch | |
| Full model | 31/12/2021 | 30/06/2022 | 31/08/2022 | Dutch | |
| Full model | 31/12/2020 | 18/05/2021 | 21/05/2021 | Dutch | |
| Full model | 31/12/2019 | 15/05/2020 | 24/11/2020 | Dutch | |
| Full modelCorrection | 31/12/2018 | 21/05/2019 | 10/12/2019 | Dutch | |
| Full model | 31/12/2018 | 21/05/2019 | 25/09/2019 | Dutch | |
| Full model | 31/12/2017 | 07/06/2018 | 13/06/2018 | Dutch | |
| Full model | 31/12/2016 | 16/05/2017 | 22/05/2017 | Dutch | |
| Full modelCorrection | 31/12/2015 | 17/05/2016 | 29/06/2016 | Dutch | |
| Full model | 31/12/2015 | 17/05/2016 | 10/06/2016 | Dutch | |
| Full model | 31/12/2014 | 19/05/2015 | 26/05/2015 | Dutch | |
| Full model | 31/12/2013 | 03/06/2014 | 11/06/2014 | Dutch | |
| Full model | 31/12/2012 | 21/05/2013 | 10/06/2013 | Dutch | |
| Full model | 31/12/2011 | 15/05/2012 | 04/06/2012 | Dutch | |
| Full model | 31/12/2010 | 17/05/2011 | 14/06/2011 | Dutch | |
| Full model | 31/12/2009 | 18/05/2010 | 25/05/2010 | Dutch | |
| Full model | 31/12/2008 | 19/05/2009 | 25/06/2009 | Dutch | |
| Full model | 31/12/2007 | 20/05/2008 | 20/06/2008 | Dutch | |
| Full model | 31/12/2006 | 15/05/2007 | 25/05/2007 | Dutch |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 2,5 M€ and 5 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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2024 · 3 active · 37 ended
Shareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates08/09/2026ontslag - benoeming
- Mandates30/12/2025ONTSLAGEN - BENOEMINGEN
- Mandates14/10/2024ONTSLAGEN - BENOEMINGEN
- Registered office09/09/2024MAATSCHAPPELIJKE ZETEL
- Mandates01/03/2024ONTSLAGEN - BENOEMINGEN
- Other01/02/2024STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ALGEMENE VERGADERING
- Mandates17/08/2023ONTSLAGEN - BENOEMINGEN
- Mandates30/08/2022ONTSLAGEN - BENOEMINGEN
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2024Annual accounts 2024776,5 k €↑
- 2023Annual accounts 2023316,6 k €↑
- 2022Annual accounts 2022227,7 k €↓
- 2021Annual accounts 2021299,2 k €↑
- 2020Annual accounts 2020-55,3 k €↓
- 2019Annual accounts 2019472,4 k €↑
- 2018Annual accounts 201847 k €↓
- 2017Annual accounts 2017318,6 k €↓
- 2016Annual accounts 2016321,6 k €↓
- 2015Annual accounts 2015436 k €↑
- 2014Annual accounts 2014351 k €↓
- 2013Annual accounts 2013440,5 k €↓
- 2009Annual accounts 20092,5 M €↑
- 2008Annual accounts 20081,1 M €↓
- 2007Annual accounts 20071,9 M €↑
- 2006Annual accounts 2006532,2 k €
- 01/01/1930IncorporationPublic limited company