ACTIVE

EG

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Financial year 2025 · closed on 31/12/2025

Net result

29,6 M €

-6.8% YoY

Revenue

263,2 M €

+0.3% YoY

Equity

61,3 M €

-2.2% YoY

Workforce

162,0 ETP

-0.3% YoY

What does EG do?

EG is a Public limited company incorporated in 1979. Its registered office is in Bruxelles. It employs on average 162,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0419.806.694

Incorporation

02/10/1979

Legal form

Public limited company

Registered office

Esplanade S/N box B22
1020 Bruxelles · BruxellesSee on map

Contributed capital

24 482 281,75 €

Latest accounts

31/12/2025

Average workforce

162,0 ETP

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHigh revenue

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✦ Verdict · Analyst summary

Financials

Trend over 12 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2016		2008		2007		2006
Income statement
Revenue	263,2 M €	+0.3%	262,3 M €	+4.1%	252,1 M €	+4.6%	240,9 M €	+8.9%	221,3 M €	+2.0%	217 M €	+5.0%	206,7 M €	+6.5%	194 M €	+76.0%	110,2 M €	-5.0%	116,1 M €	+9.2%	106,3 M €	-9.2%	117 M €
EBITDA	40,8 M €	-5.7%	43,2 M €	-0.8%	43,6 M €	+14.9%	37,9 M €	+4.5%	36,3 M €	-9.0%	39,9 M €	+31.9%	30,2 M €	+4.9%	28,8 M €	+404%	5,7 M €	-60.3%	14,4 M €	+30.3%	11,1 M €	+13.9%	9,7 M €
Operating result	39,7 M €	-4.5%	41,6 M €	-3.3%	43 M €	+10.6%	38,9 M €	+12.6%	34,5 M €	-7.5%	37,3 M €	+23.7%	30,2 M €	+2.3%	29,5 M €	+431%	5,6 M €	-60.5%	14,1 M €	+40.4%	10 M €	+10.5%	9,1 M €
Net result	29,6 M €	-6.8%	31,8 M €	-1.1%	32,1 M €	+11.9%	28,7 M €	+13.4%	25,3 M €	-8.4%	27,6 M €	+31.9%	21 M €	+4.0%	20,1 M €	+403%	4 M €	-68.8%	12,8 M €	+81.0%	7,1 M €	+16.3%	6,1 M €
Balance sheet
Equity	61,3 M €	-2.2%	62,7 M €	-0.3%	62,9 M €	+7.1%	58,8 M €	+4.8%	56 M €	-36.1%	87,7 M €	+5.6%	83,1 M €	-9.8%	92,1 M €	+10.3%	83,5 M €	+172%	30,7 M €	+14.3%	26,8 M €	+36.0%	19,7 M €
Total assets	113,6 M €	-3.7%	118 M €	-2.9%	121,5 M €	-1.4%	123,3 M €	+11.0%	111,1 M €	-21.1%	140,8 M €	+8.9%	129,2 M €	-9.5%	142,8 M €	+19.4%	119,6 M €	+81.1%	66 M €	+15.7%	57,1 M €	+3.4%	55,2 M €
Cash	43,9 M €	-23.4%	57,4 M €	-14.8%	67,4 M €	-2.0%	68,8 M €	+9.0%	63,1 M €	-22.6%	81,5 M €	+7.3%	75,9 M €	-21.5%	96,8 M €	+66.2%	58,2 M €	+349%	13 M €	+134%	5,5 M €	+218%	1,7 M €
Debts	51,7 M €	-5.4%	54,7 M €	-6.5%	58,5 M €	-9.2%	64,4 M €	+18.2%	54,5 M €	+3.1%	52,8 M €	+15.2%	45,9 M €	-8.7%	50,2 M €	+47.3%	34,1 M €	-1.1%	34,5 M €	+15.1%	30 M €	-14.9%	35,2 M €
Other
Workforce	162,0 ETP	-0.3%	162,5 ETP	-4.2%	169,7 ETP	+5.1%	161,5 ETP	-3.5%	167,3 ETP	-2.6%	171,7 ETP	+3.6%	165,8 ETP	-2.6%	170,3 ETP	+16.1%	146,7 ETP	+84.1%	79,7 ETP	-1.0%	80,5 ETP	+49.9%	53,7 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 250 M€ and 500 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 6 active · 21 ended

Active mandates

Ole Wendler-Pedersen

Director · since 04 mars 2026 · until 14 juin 2027

Active

Daniel Buschmann

Director · since 30 septembre 2025 · until 04 mars 2026

Active

Cigdem Erek

Director · since 25 juin 2025 · until 30 septembre 2025

Active

Lieve Pattyn

Managing director · since 01 mars 2025 · until 14 juin 2027

Active

Holger Buschmann

Director · since 01 mars 2022 · until 25 juin 2025

Active

Jef Hus

Managing director · since 30 octobre 2017 · until 28 février 2025

Active

Ended mandates

Buschmann Holger

Director · since 01 mars 2022 · until 14 juin 2027

Ended

Steffen Wagner

Director · since 01 février 2019 · until 14 juin 2021

Ended

Steffen Wagner

Director · since 01 février 2019 · until 01 mars 2022

Ended

Daniel Hermann

Director · since 30 octobre 2017 · until 31 janvier 2019

Ended

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	25/08/2026	26/06/2025	25/06/2024	31/07/2023	13/12/2022	16/07/2021
General meeting	15/06/2026	16/06/2025	14/06/2024	14/06/2023	14/06/2022	11/06/2021
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

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	15/06/2026	25/08/2026	French	PDF
Full model	31/12/2024	16/06/2025	26/06/2025	French	PDF
Full model	31/12/2023	14/06/2024	25/06/2024	French	PDF
Full model	31/12/2022	14/06/2023	31/07/2023	French	PDF
Full modelCorrection	31/12/2021	14/06/2022	13/12/2022	French	PDF
Full model	31/12/2021	14/06/2022	29/06/2022	French	PDF
Full model	31/12/2020	11/06/2021	16/07/2021	French	PDF
Full model	31/12/2019	12/06/2020	29/06/2020	French	PDF
Full model	31/12/2018	14/06/2019	27/06/2019	French	PDF
Full model	31/12/2017	14/06/2018	09/07/2018	French	PDF
Full model	31/12/2016	23/06/2017	14/07/2017	French	PDF
Full model	31/12/2015	14/06/2016	04/07/2016	French	PDF
Full model	31/12/2014	15/06/2015	24/06/2015	French	PDF
Full model	31/12/2013	28/03/2014	16/04/2014	French	PDF
Full model	31/12/2012	14/06/2013	26/06/2013	French	PDF
Full model	31/12/2011	14/06/2012	28/06/2012	French	PDF
Full model	31/12/2010	14/06/2011	05/07/2011	French	PDF
Full model	31/12/2009	14/06/2010	30/06/2010	French	PDF
Full model	31/12/2008	15/06/2009	30/07/2009	French	PDF
Full model	31/12/2007	28/04/2008	03/07/2008	French	PDF
Full model	31/12/2006	14/06/2007	30/08/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 M€ and 500 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 · 6 active · 21 ended

Active mandates

Ole Wendler-Pedersen

Director · since 04 mars 2026 · until 14 juin 2027

Active

Daniel Buschmann

Director · since 30 septembre 2025 · until 04 mars 2026

Active

Cigdem Erek

Director · since 25 juin 2025 · until 30 septembre 2025

Active

Lieve Pattyn

Managing director · since 01 mars 2025 · until 14 juin 2027

Active

Holger Buschmann

Director · since 01 mars 2022 · until 25 juin 2025

Active

Jef Hus

Managing director · since 30 octobre 2017 · until 28 février 2025

Active

Ended mandates

Buschmann Holger

Director · since 01 mars 2022 · until 14 juin 2027

Ended

Steffen Wagner

Director · since 01 février 2019 · until 14 juin 2021

Ended

Steffen Wagner

Director · since 01 février 2019 · until 01 mars 2022

Ended

Daniel Hermann

Director · since 30 octobre 2017 · until 31 janvier 2019

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates22/05/2026
DEMISSIONS, NOMINATIONS
PDF
Mandates19/01/2026
DEMISSIONS, NOMINATIONS
PDF
Mandates14/10/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates02/05/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates13/12/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates04/12/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates01/06/2022
DENOMINATION
PDF
Mandates18/03/2022
DEMISSIONS, NOMINATIONS
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

04/03/2026
nominationOle Wendler-Pedersen — Administrateur
2025
Annual accounts 202529,6 M €↓
30/09/2025
nominationDaniel Buschmann — administrateur
25/06/2025
nominationErek Cigdem — Administrateur
03/03/2025
nominationLieve Pattyn — administrateur
03/03/2025
nominationLieve Pattyn — administrateur-délégué
2024
Annual accounts 202431,8 M €↓
09/08/2024
nominationJef HUS — Administrateur délégué
2023
Annual accounts 202332,1 M €↑
14/06/2023
reconductionPWC Réviseurs d'Entreprises SRL — commissaire
2022
Annual accounts 202228,7 M €↑
2021
Annual accounts 202125,3 M €↓
2021
Name changeEG NV
2020
Annual accounts 202027,6 M €↑
2019
Annual accounts 201921 M €↑
2018
Annual accounts 201820,1 M €↑
2016
Annual accounts 20164 M €↓
2008
Annual accounts 200812,8 M €↑
2007
Annual accounts 20077,1 M €↑
2006
Annual accounts 20066,1 M €
2006
Name changeEurogenerics
02/10/1979
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

EG

Overview

What does EG do?

Trend over 12 financial years

Indicative valuation

Board of directors

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