ACTIVE

INFINITY PHARMA

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Financial year 2025 · closed on 31/12/2025

Net result

-231,4 k €

+71.9% YoY

Revenue

10,7 M €

+0.6% YoY

Equity

16,4 M €

+29.8% YoY

Workforce

13,6 ETP

-31.3% YoY

What does INFINITY PHARMA do?

INFINITY PHARMA is a Public limited company incorporated in 1976. Its main activity is: Wholesale of pharmaceutical goods. Its registered office is in Nazareth-De Pinte. It employs on average 13,6 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0416.616.681

Incorporation

08/12/1976

Legal form

Public limited company

Registered office

Venecoweg 20A
9810 Nazareth-De Pinte · FlandreSee on map

Contributed capital

13 300 000,00 €

Latest accounts

31/12/2025

Average workforce

13,6 ETP

Activities (NACE)

46460Wholesale of pharmaceutical goods· main 46460Wholesale of pharmaceutical goods 51460Air transport

Joint committees (2)

Signals

Solid equityGood liquidityHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Revenue	10,7 M €	+0.6%	10,7 M €	-6.2%	11,4 M €	+58.3%	7,2 M €	-29.8%	10,2 M €	-34.7%	15,7 M €	+47.7%	10,6 M €	-4.1%	11,1 M €	-7.2%	11,9 M €	-7.7%	12,9 M €	-4.7%	13,6 M €	-17.6%	16,5 M €	+3.8%	15,9 M €	-14.2%	18,5 M €	+13.5%	16,3 M €	+7.8%	15,1 M €	+1.1%	14,9 M €	+2.1%	14,6 M €	-4.4%	15,3 M €
EBITDA	-97,1 k €	+67.9%	-302,8 k €	-199%	-101,2 k €	-41.7%	-71,4 k €	+85.5%	-491,9 k €	-122%	2,3 M €	+23.4%	1,8 M €	-1.7%	1,9 M €	-25.6%	2,5 M €	+40.4%	1,8 M €	+14.0%	1,6 M €	-43.3%	2,8 M €	-1.0%	2,8 M €	+5.3%	2,6 M €	-42.9%	4,6 M €	+6.8%	4,3 M €	+15.2%	3,8 M €	+6.8%	3,5 M €	-2.0%	3,6 M €
Operating result	-72,6 k €	+86.3%	-531 k €	-85.7%	-285,9 k €	-427%	-54,2 k €	+88.0%	-450,5 k €	-120%	2,2 M €	+21.8%	1,8 M €	-2.0%	1,8 M €	-24.8%	2,5 M €	+42.7%	1,7 M €	+64.6%	1 M €	-59.7%	2,6 M €	+5.2%	2,5 M €	+3.1%	2,4 M €	-47.8%	4,6 M €	+9.6%	4,2 M €	+13.8%	3,7 M €	+7.9%	3,4 M €	-0.9%	3,4 M €
Net result	-231,4 k €	+71.9%	-822,5 k €	+88.8%	-7,4 M €	-1364%	-503,4 k €	+92.2%	-6,4 M €	-123%	28,4 M €	+113%	13,3 M €	+3699%	351 k €	+115%	-2,4 M €	-205%	2,3 M €	-52.3%	4,7 M €	+176%	1,7 M €	+762%	-258,2 k €	-114%	1,9 M €	-39.4%	3,1 M €	-49.6%	6,1 M €	+1056%	527,4 k €	-44.6%	951,6 k €	-17.2%	1,1 M €
Balance sheet
Equity	16,4 M €	+29.8%	12,6 M €	+914%	-1,6 M €	-127%	5,8 M €	-81.4%	31,3 M €	-17.0%	37,7 M €	+303%	9,4 M €	+209%	3 M €	-54.9%	6,7 M €	-96.6%	194,8 M €	+1.2%	192,6 M €	+247%	55,5 M €	+2.1%	54,3 M €	-2.3%	55,6 M €	+3.5%	53,7 M €	+0.3%	53,5 M €	+0.6%	53,2 M €	-1.6%	54,1 M €	+360%	11,8 M €
Total assets	18,8 M €	+17.8%	16 M €	-66.2%	47,2 M €	-11.1%	53,1 M €	-35.3%	82 M €	-8.9%	90,1 M €	+36.6%	66 M €	+11.0%	59,4 M €	-75.8%	245,4 M €	-1.0%	247,8 M €	+0.7%	246 M €	-4.4%	257,4 M €	-2.3%	263,4 M €	+134%	112,4 M €	+0.7%	111,5 M €	-2.6%	114,5 M €	+1.2%	113,2 M €	+0.6%	112,5 M €	+57.9%	71,2 M €
Cash	688,3 k €	+320%	164 k €	-40.7%	276,4 k €	+87.8%	147,2 k €	-40.9%	249,1 k €	+91.9%	129,8 k €	-99.0%	12,6 M €	+262%	3,5 M €	-25.5%	4,7 M €	+11.1%	4,2 M €	+100%	2,1 M €	-82.9%	12,3 M €	+42.1%	8,6 M €	+28.4%	6,7 M €	+2058%	311,4 k €	-89.2%	2,9 M €	+9092%	31,4 k €	-98.2%	1,7 M €	-62.6%	4,7 M €
Debts	2,4 M €	-27.8%	3,3 M €	-93.2%	48,8 M €	+3.2%	47,3 M €	-6.8%	50,7 M €	-3.1%	52,3 M €	-7.5%	56,6 M €	+0.4%	56,4 M €	-76.4%	238,7 M €	+351%	52,9 M €	-0.9%	53,4 M €	-73.5%	201,8 M €	-3.4%	209 M €	+268%	56,8 M €	-1.8%	57,8 M €	-5.2%	60,9 M €	+1.8%	59,9 M €	+2.7%	58,3 M €	-1.8%	59,3 M €
Other
Workforce	13,6 ETP	-31.3%	19,8 ETP	+3.7%	19,1 ETP	+94.9%	9,8 ETP	0.0%	9,8 ETP	+2.1%	9,6 ETP	+2.1%	9,4 ETP	+74.1%	5,4 ETP	-6.9%	5,8 ETP	-68.6%	18,5 ETP	-11.9%	21,0 ETP	-3.7%	21,8 ETP	+2.3%	21,3 ETP	-7.4%	23,0 ETP	+2775%	0,8 ETP	-94.2%	13,9 ETP	-17.8%	16,9 ETP	-14.2%	19,7 ETP	-9.2%	21,7 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 19 ended

Active mandates

Rafael PADILLA

Director · since 09 mai 2023 · until 09 mai 2028

Active

Cornelia DE JONG

Managing director · since 10 mai 2022 · until 09 mai 2028

Active

Céline Caveye

Director · since 12 mai 2021 · until 11 mai 2027

Active

Johan Verlinden

Director · since 12 mai 2021 · until 31 mars 2026

Active

Ended mandates

Johan Verlinden

Director · since 12 mai 2021 · until 11 mai 2027

Ended

Rafael PADILLA

Director · since 04 décembre 2017 · until 09 mai 2023

Ended

Cornelia de Jong

Managing director · since 17 octobre 2016 · until 10 mai 2022

Ended

Céline Caveye

Director · since 01 juillet 2016 · until 11 mai 2021

Ended

At this address

Other companies at this address

Company	CBE no.
ABC DENTAL AND PHARMACEUTICAL CONSULTANCY● Active	0442.286.247
FAGRON● Active	0890.535.026
FAGRON BELGIUM● Active	0403.767.052
FAGRON CAPITAL● Active	0471.941.919

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	11/06/2026	15/09/2025	07/06/2024	05/06/2023	31/05/2022	25/05/2021
General meeting	12/05/2026	10/09/2025	14/05/2024	09/05/2023	10/05/2022	11/05/2021
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

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	12/05/2026	11/06/2026	Dutch	PDF
Full model	31/12/2024	10/09/2025	15/09/2025	Dutch	PDF
Full model	31/12/2023	14/05/2024	07/06/2024	Dutch	PDF
Full model	31/12/2022	09/05/2023	05/06/2023	Dutch	PDF
Full model	31/12/2021	10/05/2022	31/05/2022	Dutch	PDF
Full model	31/12/2020	11/05/2021	25/05/2021	Dutch	PDF
Full model	31/12/2019	12/05/2020	31/05/2020	Dutch	PDF
Full model	31/12/2018	14/05/2019	23/05/2019	Dutch	PDF
Full model	31/12/2017	08/05/2018	23/05/2018	Dutch	PDF
Full model	31/12/2016	09/05/2017	09/05/2017	Dutch	PDF
Full model	31/12/2015	30/06/2016	08/07/2016	Dutch	PDF
Full model	31/12/2014	12/05/2015	05/06/2015	Dutch	PDF
Full model	31/12/2013	13/05/2014	06/06/2014	Dutch	PDF
Full model	31/12/2012	14/05/2013	24/05/2013	Dutch	PDF
Full model	31/12/2011	08/05/2012	21/05/2012	Dutch	PDF
Full model	31/12/2010	10/05/2011	26/05/2011	Dutch	PDF
Full model	31/12/2009	11/05/2010	25/05/2010	Dutch	PDF
Full model	31/12/2008	12/05/2009	27/05/2009	French	PDF
Full model	31/12/2007	13/05/2008	06/06/2008	French	PDF
Full model	31/12/2006	08/06/2007	20/09/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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 · 4 active · 19 ended

Active mandates

Rafael PADILLA

Director · since 09 mai 2023 · until 09 mai 2028

Active

Cornelia DE JONG

Managing director · since 10 mai 2022 · until 09 mai 2028

Active

Céline Caveye

Director · since 12 mai 2021 · until 11 mai 2027

Active

Johan Verlinden

Director · since 12 mai 2021 · until 31 mars 2026

Active

Ended mandates

Johan Verlinden

Director · since 12 mai 2021 · until 11 mai 2027

Ended

Rafael PADILLA

Director · since 04 décembre 2017 · until 09 mai 2023

Ended

Cornelia de Jong

Managing director · since 17 octobre 2016 · until 10 mai 2022

Ended

Céline Caveye

Director · since 01 juillet 2016 · until 11 mai 2021

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Capital / shares02/01/2026
KAPITAAL - AANDELEN
PDF
Mandates31/12/2025
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares23/01/2025
KAPITAAL - AANDELEN
PDF
Mandates26/08/2024
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring03/08/2023
BENAMING - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring03/05/2023
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates22/12/2022
ONTSLAGEN - BENOEMINGEN - DIVERSEN
PDF
Mandates22/12/2022
ONTSLAGEN - BENOEMINGEN
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

2025
Annual accounts 2025-231,4 k €↑
16/12/2025
augmentation_capital
06/10/2025
nominationLien Winne — commissaris
2024
Annual accounts 2024-822,5 k €↑
20/12/2024
augmentation_capital
20/12/2024
reduction_capital
2023
Annual accounts 2023-7,4 M €↓
09/05/2023
reconductionPadilla Rafael — bestuurder
2023
Name changePHARMA-PACK NV
2022
Annual accounts 2022-503,4 k €↑
10/05/2022
reconductionDe Jong Cornelia Neeltje — bestuurder
2021
Annual accounts 2021-6,4 M €↓
12/05/2021
nominationJohan Verlinden — bestuurder
12/05/2021
nominationCéline Caveye — bestuurder
2021
Name changeINFINITY PHARMA NV
2020
Annual accounts 202028,4 M €↑
2019
Annual accounts 201913,3 M €↑
2018
Annual accounts 2018351 k €↑
2017
Annual accounts 2017-2,4 M €↓
2015
Annual accounts 20152,3 M €↓
2014
Annual accounts 20144,7 M €↑
2013
Annual accounts 20131,7 M €↑
2012
Annual accounts 2012-258,2 k €↓
2011
Annual accounts 20111,9 M €↓
2010
Annual accounts 20103,1 M €↓
2009
Annual accounts 20096,1 M €↑
2008
Annual accounts 2008527,4 k €↓
2007
Annual accounts 2007951,6 k €↓
2006
Annual accounts 20061,1 M €
08/12/1976
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

INFINITY PHARMA

Overview

What does INFINITY PHARMA do?

Trend over 19 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