ACTIVE

NOVARTIS PHARMA

Export PDF

Financial year 2025 · Closed on 31/12/2025

Net result11,5 M €-14,2 %over 1 year
Revenue378,6 M €+6,2 %over 1 year
Equity32,1 M €-31,8 %over 1 year
Workforce207,8 ETP-1,1 %over 1 year

Identity

Source · BCE/KBO

NOVARTIS PHARMA is a Public limited company incorporated in 1996. Its registered office is in Machelen (Brab.). It employs on average 207,8 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0459.093.476
Incorporation
25/10/1996
Legal form
Public limited company
Registered office
Kouterveldstraat 2
1831 Machelen (Brab.) · FlandreSee on map
Contributed capital
10 170 314,07 €
Latest accounts
31/12/2025
Average workforce
207,8 ETP
Joint committees (2)
  • 200
  • 218
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 21 filings

Trend over 15 financial years

20252024202320222020
Income statement
Revenue378,6 M €356,5 M €340,6 M €324 M €315,2 M €
EBITDA12,1 M €16,7 M €26,5 M €937,8 k €8,1 M €
Operating result15 M €14 M €29,3 M €4,8 M €8,7 M €
Net result11,5 M €13,4 M €26,1 M €-3,4 M €1,9 M €
Balance sheet
Equity32,1 M €47,1 M €33,7 M €72,6 M €11,1 M €
Total assets168,8 M €151,9 M €162 M €163,4 M €141,4 M €
Cash67,2 k €67,4 k €67,5 k €149,5 k €29,5 k €
Debts132,2 M €96,5 M €103,9 M €48,5 M €102,2 M €
Other
Workforce207,8 ETP210,1 ETP231,4 ETP279,8 ETP319,4 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 50 M€ and 100 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 26 ended

Active mandates

Nicolas ISTAS

Director · since 01 juillet 2022 · until 30 juin 2028

Active
Andrea MAJOCCHI

Director · since 01 mars 2022 · until 28 février 2028

Active
Federico MAMBRETTI

Director · since 21 septembre 2021 · until 21 septembre 2027

Active

Ended mandates

Nicolas Thiriet

Director · since 06 juin 2019 · until 06 juin 2025

Ended
Mark Never

Director · since 01 novembre 2017 · until 06 juin 2023

Ended
Philippe de Pougnadoresse

Director · since 01 juin 2017 · until 06 juin 2023

Ended
Dario Drago

Chairman of the board of directors · since 07 décembre 2016 · until 06 juin 2023

Ended

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 date05/06/202606/06/202506/06/202407/06/202303/06/202226/10/2021
General meeting04/06/202605/06/202506/06/202401/06/202302/06/202203/06/2021
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 7 days

Annual accounts filings

Source · NBB, 21 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202504/06/202605/06/2026DutchPDF
Full model31/12/202405/06/202506/06/2025DutchPDF
Full model31/12/202306/06/202406/06/2024DutchPDF
Full model31/12/202201/06/202307/06/2023DutchPDF
Full model31/12/202102/06/202203/06/2022DutchPDF
Full modelCorrection31/12/202003/06/202126/10/2021DutchPDF
Full model31/12/202003/06/202117/06/2021DutchPDF
Full model31/12/201904/06/202012/06/2020DutchPDF
Full model31/12/201806/06/201907/06/2019DutchPDF
Full model31/12/201707/06/201812/06/2018DutchPDF
Full model31/12/201601/06/201707/07/2017DutchPDF
Full model31/12/201502/06/201627/06/2016DutchPDF
Full model31/12/201404/06/201507/07/2015DutchPDF
Full model31/12/201305/06/201412/06/2014DutchPDF
Full model31/12/201206/06/201320/06/2013DutchPDF
Full model31/12/201107/06/201212/12/2012DutchPDF
Full model31/12/201006/06/201126/07/2011DutchPDF
Full model31/12/200903/06/201013/07/2010DutchPDF
Full model31/12/200826/06/200916/07/2009DutchPDF
Full model31/12/200705/06/200811/07/2008DutchPDF
Full model31/12/200607/06/200722/06/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 50 M€ and 100 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

3 active · 26 ended

Active mandates

Nicolas ISTAS

Director · since 01 juillet 2022 · until 30 juin 2028

Active
Andrea MAJOCCHI

Director · since 01 mars 2022 · until 28 février 2028

Active
Federico MAMBRETTI

Director · since 21 septembre 2021 · until 21 septembre 2027

Active

Ended mandates

Nicolas Thiriet

Director · since 06 juin 2019 · until 06 juin 2025

Ended
Mark Never

Director · since 01 novembre 2017 · until 06 juin 2023

Ended
Philippe de Pougnadoresse

Director · since 01 juin 2017 · until 06 juin 2023

Ended
Dario Drago

Chairman of the board of directors · since 07 décembre 2016 · until 06 juin 2023

Ended

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates17/09/2026
    Ontslag - Benoeming Bestuurders - Volmacht
    PDF
  • Registered office15/05/2026
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Registered office27/04/2026
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates22/09/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates26/06/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates30/08/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares20/06/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN
    PDF
  • Capital / shares02/01/2023
    KAPITAAL - AANDELEN
    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 202511,5 M €↓
  2. 27/08/2025
    nominationFederico Mambretti — bijzondere volmacht
  3. 27/08/2025
    nominationAndrea Majocchi — bijzondere volmacht
  4. 27/08/2025
    nominationNicolas Istas — bijzondere volmacht
  5. 27/08/2025
    nominationThomas Chretien — bijzondere volmacht
  6. 27/08/2025
    nominationMarlies Engelen — bijzondere volmacht
  7. 05/06/2025
    reconductionKPMG Bedrijfsrevisoren BV — commissaris
  8. 2024
    Annual accounts 202413,4 M €↓
  9. 2023
    Annual accounts 202326,1 M €↑
  10. 07/07/2023
    demissionRebecca De Luca — bijzondere volmacht
  11. 07/07/2023
    demissionPeter Gouverneur — bijzondere volmacht
  12. 07/07/2023
    nominationFederico Mambretti — President Belgium and Luxembourg / bijzondere volmacht
  13. 07/07/2023
    nominationAndrea Majocchi — CCFO Belgium and Luxembourg / bijzondere volmacht
  14. 07/07/2023
    nominationNicolas Istas — Country Head of Legal Belgium and Luxembourg / bijzondere volmacht
  15. 07/07/2023
    nominationRebecca De Luca — Business Excellence & Execution Head / bijzondere volmacht
  16. 07/07/2023
    nominationPeter Gouverneur — KAM, Tendering & Established Brands Lea / bijzondere volmacht
  17. 15/06/2023
    reduction_capital
  18. 2022
    Annual accounts 2022-3,4 M €↓
  19. 19/12/2022
    augmentation_capital
  20. 01/07/2022
    nominationNicolas Istas — bestuurder
  21. 02/06/2022
    nominationKPMG Bedrijfsrevisoren BV — commissaris
  22. 01/03/2022
    nominationNicola Bencini — bestuurder
  23. 01/03/2022
    nominationAndrea Majocchi — bestuurder
  24. 03/05/2021
    demissionPhilippe de Pougnadoresse — bijzondere volmacht
  25. 03/05/2021
    demissionNicolas Thiriet — bijzondere volmacht
  26. 03/05/2021
    demissionMichel Geelhand — bijzondere volmacht
  27. 03/05/2021
    demissionNicolas Istas — bijzondere volmacht
  28. 2020
    Annual accounts 20201,9 M €↓
  29. 2019
    Annual accounts 20194,6 M €↑
  30. 2018
    Annual accounts 20182,4 M €↓
  31. 2015
    Annual accounts 20152,5 M €↓
  32. 2014
    Annual accounts 20143,8 M €↓
  33. 2013
    Annual accounts 20136,1 M €↑
  34. 2012
    Annual accounts 20121 M €↑
  35. 2011
    Annual accounts 2011-275 k €↓
  36. 2010
    Annual accounts 20108,1 M €↓
  37. 2009
    Annual accounts 200910 M €↑
  38. 2008
    Annual accounts 20089 M €
  39. 25/10/1996
    IncorporationPublic limited company