ACTIVE

Arjo Belgium

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Financial year 2025 · Closed on 31/12/2025

Net result475,2 k €+1,5 %over 1 year
Revenue17,7 M €-5,2 %over 1 year
Equity3,1 M €-25,1 %over 1 year
Workforce74,6 ETP-0,8 %over 1 year

Identity

Source · BCE/KBO

Arjo Belgium is a Public limited company incorporated in 1978. Its main activity is: Wholesale of pharmaceutical goods. Its registered office is in Erpe-Mere. It employs on average 74,6 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0418.919.541
Incorporation
08/12/1978
Legal form
Public limited company
Registered office
Evenbroekveld 16
9420 Erpe-Mere · FlandreSee on map
Contributed capital
250 000,00 €
Latest accounts
31/12/2025
Average workforce
74,6 ETP
Joint committees (2)
  • 200
  • 218
Contacts
1 public detail availableLog in to view
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 27 filings

Trend over 14 financial years

20252024202320222021
Income statement
Revenue17,7 M €18,7 M €17,2 M €16,7 M €15,9 M €
EBITDA1,4 M €1,4 M €1,4 M €941 k €978,2 k €
Operating result768,1 k €779,3 k €824,7 k €517,6 k €597,3 k €
Net result475,2 k €468,2 k €533,4 k €302,9 k €345,3 k €
Balance sheet
Equity3,1 M €4,1 M €4,1 M €5,5 M €5,2 M €
Total assets7,7 M €8,3 M €9,1 M €8,7 M €8,3 M €
Cash2,1 k €3,5 k €1,6 k €2,4 k €26,9 k €
Debts4,7 M €4,2 M €5 M €3,2 M €3,1 M €
Other
Workforce74,6 ETP75,2 ETP72,9 ETP74,4 ETP72,2 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

4 active · 23 ended

Active mandates

Hans De Smet

Director · since 25 février 2025 · until 25 février 2031

Active
Marc Tielens

Managing director · since 23 décembre 2023 · until 28 mai 2029

Active
Khizher ISmail Ibrahim

Director · since 30 mai 2023 · until 28 mai 2029

Active
Hans Christian Stentoft-Christensen

Director · since 01 décembre 2022 · until 24 février 2025

Active

Ended mandates

Hans Christian Stentoft-Christensen

Director · since 01 décembre 2022 · until 01 décembre 2028

Ended
Marc Tielens

Managing director · since 15 janvier 2018 · until 29 mai 2023

Ended
Marc Tielens

Managing director · since 15 janvier 2018 · until 30 mai 2023

Ended
Andreas Johannes Aerni

Director · since 29 juin 2017 · until 25 mai 2020

Ended

Other companies at this address

Evenbroekveld 16 9420 Erpe-Mere
CompanyCBE no.
AGP Europe● Active
0671.708.271
LIBAIR● Active
0793.381.905

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 date05/06/202601/07/202512/06/202406/06/202311/05/202325/06/2021
General meeting26/05/202616/06/202527/05/202430/05/202330/05/202231/05/2021
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, 27 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202526/05/202605/06/2026DutchPDF
Full model31/12/202416/06/202501/07/2025DutchPDF
Full model31/12/202327/05/202412/06/2024DutchPDF
Full model31/12/202230/05/202306/06/2023DutchPDF
Full modelCorrection31/12/202130/05/202211/05/2023DutchPDF
Full modelCorrection31/12/202130/05/202222/12/2022DutchPDF
Full model31/12/202130/05/202226/07/2022DutchPDF
Full model31/12/202031/05/202125/06/2021DutchPDF
Full model31/12/201925/05/202008/07/2020DutchPDF
Full modelCorrection31/12/201819/07/201914/10/2019DutchPDF
Full model31/12/201819/07/201908/08/2019DutchPDF
Full model31/12/201729/06/201804/07/2018DutchPDF
Full model31/12/201630/06/201728/07/2017DutchPDF
Full modelCorrection31/12/201530/05/201614/06/2017DutchPDF
Full model31/12/201530/05/201628/06/2016DutchPDF
Full model31/12/201415/06/201529/06/2015DutchPDF
Full modelCorrection31/12/201326/05/201428/05/2015DutchPDF
Full model31/12/201326/05/201424/06/2014DutchPDF
Full model31/12/201227/05/201311/06/2013DutchPDF
Full modelCorrection31/12/201128/05/201208/05/2013DutchPDF
Full model31/12/201128/05/201204/07/2012DutchPDF
Full model31/12/201030/05/201121/06/2011DutchPDF
Full modelCorrection31/12/200931/05/201025/11/2010DutchPDF
Full model31/12/200931/05/201014/06/2010DutchPDF

View all 27 filings

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

4 active · 23 ended

Active mandates

Hans De Smet

Director · since 25 février 2025 · until 25 février 2031

Active
Marc Tielens

Managing director · since 23 décembre 2023 · until 28 mai 2029

Active
Khizher ISmail Ibrahim

Director · since 30 mai 2023 · until 28 mai 2029

Active
Hans Christian Stentoft-Christensen

Director · since 01 décembre 2022 · until 24 février 2025

Active

Ended mandates

Hans Christian Stentoft-Christensen

Director · since 01 décembre 2022 · until 01 décembre 2028

Ended
Marc Tielens

Managing director · since 15 janvier 2018 · until 29 mai 2023

Ended
Marc Tielens

Managing director · since 15 janvier 2018 · until 30 mai 2023

Ended
Andreas Johannes Aerni

Director · since 29 juin 2017 · until 25 mai 2020

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates04/06/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates28/04/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates28/12/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates17/04/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates25/11/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates20/06/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other18/01/2018
    BENAMING
    PDF
  • Mandates25/07/2017
    ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025475,2 k €↑
  2. 2024
    Annual accounts 2024468,2 k €↓
  3. 2023
    Annual accounts 2023533,4 k €↑
  4. 2022
    Annual accounts 2022302,9 k €↓
  5. 2021
    Annual accounts 2021345,3 k €↓
  6. 2020
    Annual accounts 2020368,3 k €↑
  7. 2019
    Annual accounts 2019354,5 k €↑
  8. 2018
    Annual accounts 2018330,9 k €↑
  9. 2017
    Annual accounts 2017300,7 k €↓
  10. 2016
    Annual accounts 2016945,8 k €↑
  11. 2015
    Annual accounts 2015142,6 k €↓
  12. 2014
    Annual accounts 20141,1 M €↓
  13. 2013
    Annual accounts 20131,2 M €↓
  14. 2012
    Annual accounts 20121,5 M €
  15. 08/12/1978
    IncorporationPublic limited company