ACTIVE

ASSOCIATION GENERALE DE L'INDUSTRIE DU MEDICAMENT - ALGEMENE VERENIGING VAN DE GENEESMIDDELENINDUSTRIE

Financial year 2025 · Closed on 31/12/2025

Net result432,3 k €+49,2 %over 1 year
Revenue10,4 M €+4,3 %over 1 year
Equity6,7 M €+6,9 %over 1 year
Workforce28,6 ETP+8,7 %over 1 year

Identity

Source · BCE/KBO

ASSOCIATION GENERALE DE L'INDUSTRIE DU MEDICAMENT - ALGEMENE VERENIGING VAN DE GENEESMIDDELENINDUSTRIE is a Non-profit organization incorporated in 1966. Its main activity is: Other professional, scientific and technical activities. Its registered office is in Bruxelles. It employs on average 28,6 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0407.622.902
Incorporation
26/10/1966
Legal form
Non-profit organization
Registered office
Cantersteen 47
1000 Bruxelles · BruxellesSee on map
Latest accounts
31/12/2025
Average workforce
28,6 ETP
Joint committees (2)
  • 200
  • 335
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 20 filings

Trend over 19 financial years

20252024202320222021
Income statement
Revenue10,4 M €9,9 M €9,8 M €8,8 M €7,6 M €
EBITDA443 k €292,5 k €699,8 k €943,9 k €1,3 M €
Operating result262 k €192,2 k €611,9 k €824,7 k €1,2 M €
Net result432,3 k €289,6 k €788,8 k €548,6 k €1,2 M €
Balance sheet
Equity6,7 M €6,3 M €6 M €5,2 M €4,7 M €
Total assets9,3 M €8,5 M €8 M €6,6 M €5,4 M €
Cash4,8 M €3,5 M €4,1 M €3,2 M €2,6 M €
Debts1,7 M €1,7 M €1,6 M €1,3 M €718 k €
Other
Workforce28,6 ETP26,3 ETP24,9 ETP24,4 ETP25,7 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

12 active · 22 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Almirall0403.090.131Represented by Gregory Paton
Director11/06/2025 → 07/06/2028
AMGEN0439.652.401Represented by Sara Schaufelberger
Director23/03/2012 → 07/06/2028Mandateended
MSD BELGIUM0406.820.770Represented by Katrien De Vos
Director18/03/2016 → 07/06/2028Vice-chairman of the board of directors22/03/2013 → 22/03/2019endedMandateended
ROCHE0403.088.151Represented by Marie-José Borst
Director25/03/2011 → 07/06/2028Mandateended
S.A. NOVO NORDISK PHARMA N.V.0414.695.586Represented by Axel De Muyt
Director11/06/2025 → 07/06/2028
TAKEDA BELGIUM0403.054.202Represented by Bruno Rabilier
Director17/03/2021 → 07/06/2028
UCB PHARMA0403.096.168Represented by Xavier Hormaechea
Vice-chairman of the board of directors23/03/2022 → 07/06/2028Director22/03/2013 → 26/03/2025endedMandateended
ABBVIE0845.096.860Represented by Renaud Decroix
Director23/03/2012 → 09/06/2027Vice-chairman of the board of directorsended
Bayer0404.754.571Represented by Niels Hessmann
Director13/03/2024 → 09/06/2027
Eli Lilly Benelux0406.754.454Represented by Frédéric Clais
Chairman of the board of directors17/03/2021 → 09/06/2027Vice-chairman of the board of directors23/03/2018 → 20/03/2024endedDirector23/03/2012 → 26/03/2021endedMandateended
GlaxoSmithKline Pharmaceuticals, en abrégé GlaxoSmithKline0403.066.474Represented by Emmanuelle Boishardy
Director28/03/2014 → 09/06/2027Mandateended
Pfizer0401.994.823Represented by David Lepoittevin
Director23/03/2012 → 09/06/2027Vice-chairman of the board of directors17/03/2021 → 20/03/2024endedChairman of the board of directors23/03/2018 → 20/03/2024endedMandateended

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
AstraZeneca0400.165.679Represented by Keira Driansky
Director22/03/2023 → 10/06/2026
BRISTOL - MYERS SQUIBB BELGIUM0403.075.184Represented by Sally McNab
Director22/03/2023 → 18/03/2026

Other companies at this address

Cantersteen 47 1000 Bruxelles
CompanyCBE no.
13 ANALYTICS● Active
0793.625.987
0506.804.115
0778.940.781
1034.146.494
1007.736.067
1010.584.897
Ahead Digital● Active
0867.212.266
AlexandriteF● Active
0804.051.905
0780.685.989
0696.869.477
AMBOS Law● Active
0550.946.241
AMCAHub● Active
1025.495.282
0409.404.336
0800.049.664
0742.927.255
0733.604.961
Aricoma Systems● Active
0767.591.979
Arts 28● Active
1025.504.487
0453.963.760
ATowerHub● Active
1025.504.388

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 date16/06/202617/06/202529/03/202424/04/202305/04/202223/03/2021
General meeting03/06/202611/06/202513/03/202422/03/202323/03/202217/03/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

Looking for more information about this company?

Try for free

Annual accounts filings

Source · NBB, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202503/06/202616/06/2026DutchPDF
Full model31/12/202411/06/202517/06/2025DutchPDF
Full model31/12/202313/03/202429/03/2024DutchPDF
Full model31/12/202222/03/202324/04/2023DutchPDF
Full model31/12/202123/03/202205/04/2022DutchPDF
Full model31/12/202017/03/202123/03/2021DutchPDF
Full model31/12/201913/05/202008/06/2020DutchPDF
Full model31/12/201827/03/201915/04/2019DutchPDF
Full model31/12/201723/03/201827/03/2018DutchPDF
Full model31/12/201624/03/201710/04/2017DutchPDF
Full model31/12/201518/03/201624/03/2016DutchPDF
Full model31/12/201427/03/201523/04/2015DutchPDF
Full model31/12/201328/03/201414/04/2014DutchPDF
Full model31/12/201222/03/201329/11/2013DutchPDF
Full model31/12/201123/03/201229/11/2013DutchPDF
Full model31/12/201026/03/201129/12/2011DutchPDF
Full model31/12/200926/03/201022/12/2011DutchPDF
Full model31/12/200827/03/200931/08/2009DutchPDF
Full model31/12/200721/03/200821/09/2009DutchPDF
Full model31/12/200630/03/200706/12/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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

12 active · 22 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Almirall0403.090.131Represented by Gregory Paton
Director11/06/2025 → 07/06/2028
AMGEN0439.652.401Represented by Sara Schaufelberger
Director23/03/2012 → 07/06/2028Mandateended
MSD BELGIUM0406.820.770Represented by Katrien De Vos
Director18/03/2016 → 07/06/2028Vice-chairman of the board of directors22/03/2013 → 22/03/2019endedMandateended
ROCHE0403.088.151Represented by Marie-José Borst
Director25/03/2011 → 07/06/2028Mandateended
S.A. NOVO NORDISK PHARMA N.V.0414.695.586Represented by Axel De Muyt
Director11/06/2025 → 07/06/2028
TAKEDA BELGIUM0403.054.202Represented by Bruno Rabilier
Director17/03/2021 → 07/06/2028
UCB PHARMA0403.096.168Represented by Xavier Hormaechea
Vice-chairman of the board of directors23/03/2022 → 07/06/2028Director22/03/2013 → 26/03/2025endedMandateended
ABBVIE0845.096.860Represented by Renaud Decroix
Director23/03/2012 → 09/06/2027Vice-chairman of the board of directorsended
Bayer0404.754.571Represented by Niels Hessmann
Director13/03/2024 → 09/06/2027
Eli Lilly Benelux0406.754.454Represented by Frédéric Clais
Chairman of the board of directors17/03/2021 → 09/06/2027Vice-chairman of the board of directors23/03/2018 → 20/03/2024endedDirector23/03/2012 → 26/03/2021endedMandateended
GlaxoSmithKline Pharmaceuticals, en abrégé GlaxoSmithKline0403.066.474Represented by Emmanuelle Boishardy
Director28/03/2014 → 09/06/2027Mandateended
Pfizer0401.994.823Represented by David Lepoittevin
Director23/03/2012 → 09/06/2027Vice-chairman of the board of directors17/03/2021 → 20/03/2024endedChairman of the board of directors23/03/2018 → 20/03/2024endedMandateended

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
AstraZeneca0400.165.679Represented by Keira Driansky
Director22/03/2023 → 10/06/2026
BRISTOL - MYERS SQUIBB BELGIUM0403.075.184Represented by Sally McNab
Director22/03/2023 → 18/03/2026

Ownership and network

Looking for more information about this company?

Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates27/01/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates27/01/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates17/11/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates17/11/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/07/2025
    DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE
    PDF
  • Mandates22/07/2025
    ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
    PDF
  • Mandates04/04/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates04/04/2025
    ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings19 filings
Mandates
TAKEDA BELGIUM
ROCHE
Almirall
UCB PHARMA
MSD BELGIUM
S.A. NOVO NORDISK PHARMA N.V.
AMGEN
Pfizer
GlaxoSmithKline Pharmaceuticals, en abrégé GlaxoSmithKline
Bayer
Eli Lilly Benelux
ABBVIE
and 16 more mandates
196619671968196919701971197219731974197519761977197819791980198119821983198419851986198719881989199019911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022202320242025202620272028
ASSOCIATION GENERALE DE L'INDUSTRIE DU MEDICAMENT - ALGEMENE VERENIGING VAN DE GENEESMIDDELENINDUSTRIE
Cantersteen 47, 1000 BrusselsTerhulpsesteenweg 166, 1170 Watermael-Boitsfort
Director
Director
Director
Vice-chairman of the board of directorsDirector
DirectorVice-chairman of the board of directors
Director
Director
DirectorVice-chairman of the board of directorsChairman of the board of directors
Director
Director
Chairman of the board of directorsVice-chairman of the board of directorsDirector
Director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Cantersteen 47, 1000 BrusselsCurrent
accounts 2024 → 2025
Accounts 2025 · 2026-00170309
Terhulpsesteenweg 166, 1170 Watermael-Boitsfort
accounts 2021 → 2023
Accounts 2023 · 2024-00054894

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
ASSOCIATION GENERALE DE L'INDUSTRIE DU MEDICAMENT - ALGEMENE VERENIGING VAN DE GENEESMIDDELENINDUSTRIECurrent
accounts 2007 → 2025
Accounts 2025 · 2026-00170309

Events

  1. 2025
    Annual accounts 2025432,3 k €↑
  2. 2024
    Annual accounts 2024289,6 k €↓
  3. 2023
    Annual accounts 2023788,8 k €↑
  4. 2022
    Annual accounts 2022548,6 k €↓
  5. 2021
    Annual accounts 20211,2 M €↑
  6. 2020
    Annual accounts 2020381,5 k €↑
  7. 2019
    Annual accounts 201922,7 k €↑
  8. 2018
    Annual accounts 201811,9 k €↑
  9. 2017
    Annual accounts 2017-43,7 k €↓
  10. 2016
    Annual accounts 2016657,2 k €↑
  11. 2015
    Annual accounts 2015428,2 k €↑
  12. 2014
    Annual accounts 2014-239,8 k €↑
  13. 2013
    Annual accounts 2013-1,7 M €↓
  14. 2012
    Annual accounts 2012-426 k €↓
  15. 2011
    Annual accounts 201127,3 k €↓
  16. 2010
    Annual accounts 2010428,9 k €↓
  17. 2009
    Annual accounts 2009607,1 k €↑
  18. 2008
    Annual accounts 2008211,1 k €↑
  19. 2007
    Annual accounts 2007198,6 k €
  20. 26/10/1966
    IncorporationNon-profit organization