ACTIVE

Palex Belgium

Financial year 2025 · Closed on 31/12/2025

Net result-10,4 M €-130,4 %over 1 year
Revenue113,3 M €+5,9 %over 1 year
Equity79,7 M €-11,6 %over 1 year
Workforce214,2 ETP-1,6 %over 1 year

Identity

Source · BCE/KBO

Palex Belgium is a Public limited company incorporated in 1977. Its main activity is: Wholesale of pharmaceutical goods. Its registered office is in Mechelen. It employs on average 214,2 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0416.834.437
Incorporation
07/02/1977
Legal form
Public limited company
Registered office
Vaartdijk 90
2800 Mechelen · FlandreSee on map
Contributed capital
6 644 404,00 €
Latest accounts
31/12/2025
Average workforce
214,2 ETP
Joint committees (2)
  • 200
  • 218
Signals
Positive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 20 filings

Trend over 16 financial years

20252024202320222021
Income statement
Revenue113,3 M €107 M €109,8 M €65,1 M €37 M €
EBITDA8 M €10,1 M €13,2 M €8,2 M €-2 M €
Operating result4,1 M €5,9 M €10 M €5,5 M €-3,3 M €
Net result-10,4 M €34,1 M €3 M €1,7 M €-5,9 M €
Balance sheet
Equity79,7 M €90,1 M €56 M €49,8 M €48,1 M €
Total assets318,6 M €281,5 M €124,7 M €114,4 M €99,1 M €
Cash79,7 k €1 M €16,7 M €14,7 M €17,2 k €
Debts230,5 M €183,9 M €60,5 M €57,7 M €44,3 M €
Other
Workforce214,2 ETP217,7 ETP184,9 ETP130,3 ETP112,3 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 14 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Diogo Santos De Lima
Director12/12/2025 → 31/12/2031
Lana Gybels
Director12/12/2025 → 31/12/2031
LEVICO0881.737.522Represented by Geert Kuys
Managing director01/01/2024 → 01/01/2030

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
FH IMPACT MANAGEMENT0797.340.691Represented by Frédéric Hoffmann
Director01/03/2024 → 2024 accounts
Jean Marc Mahieu
Director01/03/2024 → 01/11/2024

Other companies at this address

Vaartdijk 90 2800 Mechelen
CompanyCBE no.
AMISTA● Active
0555.993.013
0794.652.209
1039.132.888
Ando Group● Active
0778.297.019
0724.841.705
AXI● Active
0407.653.980
Blents● Active
0715.808.332
BLUEBITS● Active
0812.125.669
DUOMA INVEST● Active
1014.000.782
GeONE Belgium● Active
0743.861.623
GP DUOMA● Active
1013.858.450
Legile● Active
0737.870.189
NESSI● Active
0631.880.566
NESSI HOLDING● Active
0630.676.677
NESSI TECH● Active
0682.474.182
ORTHOSPINE● Active
0403.015.402
0628.963.836
1007.767.345
1010.954.586

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 date27/07/202628/07/202515/07/202404/09/202325/07/202229/06/2021
General meeting29/06/202630/06/202528/06/202430/06/202323/06/202217/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202529/06/202627/07/2026DutchPDF
Full model31/12/202430/06/202528/07/2025DutchPDF
Full model31/12/202328/06/202415/07/2024DutchPDF
Full model31/12/202230/06/202304/09/2023DutchPDF
Full model31/12/202123/06/202225/07/2022DutchPDF
Full model31/12/202017/06/202129/06/2021DutchPDF
Full model31/12/201913/10/202015/10/2020DutchPDF
Full model31/12/201831/10/201917/03/2020DutchPDF
Full model31/12/201708/06/201812/07/2018DutchPDF
Full model31/12/201609/06/201716/06/2017DutchPDF
Full model31/12/201510/06/201617/06/2016DutchPDF
Full model30/06/201427/10/201414/11/2014DutchPDF
Full model30/06/201330/01/201430/01/2014DutchPDF
Full model30/06/201229/01/201330/01/2013DutchPDF
Full model30/06/201115/12/201121/12/2011DutchPDF
Full model30/06/201015/12/201005/01/2011DutchPDF
Full model30/06/200915/12/200916/12/2009DutchPDF
Full model30/06/200815/12/200803/03/2009DutchPDF
Full model30/06/200715/12/200715/01/2008DutchPDF
Full model30/06/200615/12/200608/01/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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

3 active · 14 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Diogo Santos De Lima
Director12/12/2025 → 31/12/2031
Lana Gybels
Director12/12/2025 → 31/12/2031
LEVICO0881.737.522Represented by Geert Kuys
Managing director01/01/2024 → 01/01/2030

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
FH IMPACT MANAGEMENT0797.340.691Represented by Frédéric Hoffmann
Director01/03/2024 → 2024 accounts
Jean Marc Mahieu
Director01/03/2024 → 01/11/2024

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Other07/10/2026
    STATUTEN (VERTALING, COORDINATIE, OVERIGE
    PDF
  • Registered office27/05/2026
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates15/01/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates10/10/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/12/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates18/03/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates02/10/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring01/08/2023
    KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    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
Filings16 filings
Mandates
Lana Gybels
Diogo Santos De Lima
LEVICO
FH IMPACT MANAGEMENT
Jean Marc Mahieu
Renier Van der List
WP CONSULTING
MB Services
LogiSense
D.D.C. MARKETING
ACERTYS NV
Bart Diels
1977197819791980198119821983198419851986198719881989199019911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022202320242025202620272028202920302031
Duomed Belgium
Vaartdijk 90, 2800 MechelenOeyvaersbosch 12, 2630 Aartselaar
Director
Director
Managing director
Director
Director
Director
Managing director
Managing directorChairman of the board of directorsDirector
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Vaartdijk 90, 2800 MechelenCurrent
accounts 2025
Accounts 2025 · 2026-00338149
Oeyvaersbosch 12, 2630 Aartselaar
accounts 2021 → 2024
Accounts 2024 · 2025-00325166

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
Palex BelgiumCurrent
CBE since 06/10/2026
CBE
DUOMED BELGIUM
CBE until 06/10/2026
CBE
Duomed Belgium
accounts 2022 → 2025
Accounts 2025 · 2026-00338149
ACERTYS HEALTHCARE
accounts 2021
Accounts 2021 · 2022-20220596

Events

  1. 06/10/2026
    Name changePalex Belgium
  2. 2025
    Annual accounts 2025-10,4 M €↓
  3. 16/12/2025
    nominationDeloitte Bedrijfsrevisoren/Réviseurs d'Entreprises BV · commissaris
  4. 12/12/2025
    nominationLana Gybels · bestuurder
  5. 12/12/2025
    nominationDiogo Santos de Lima · bestuurder
  6. 04/09/2025
    nominationD&Q FINEXPERTS BV · bestuurder
  7. 2024
    Annual accounts 202434,1 M €↑
  8. 06/11/2024
    reconductionLEVICO BV · bestuurder
  9. 01/11/2024
    nominationLevico BV · bestuurder
  10. 01/11/2024
    nominationLevico BV · gedelegeerd bestuurder
  11. 2023
    Annual accounts 20233 M €↑
  12. 01/01/2023
    autre
  13. 2022
    Annual accounts 20221,7 M €↑
  14. 2022
    Name changeDuomed Belgium
  15. 31/05/2022
    reduction_capital
  16. 2021
    Annual accounts 2021-5,9 M €↓
  17. 2020
    Annual accounts 202045,1 M €↑
  18. 2017
    Annual accounts 20172,1 M €↓
  19. 2016
    Annual accounts 20162,3 M €↑
  20. 2015
    Annual accounts 20151,7 M €↑
  21. 2014
    Annual accounts 2014943 k €↑
  22. 2013
    Annual accounts 2013-3 M €↓
  23. 2012
    Annual accounts 20122,4 M €↑
  24. 2011
    Annual accounts 2011-5,2 M €↓
  25. 2010
    Annual accounts 2010536,4 k €↑
  26. 2009
    Annual accounts 2009282,3 k €↓
  27. 2008
    Annual accounts 20081,1 M €
  28. 07/02/1977
    IncorporationPublic limited company