ACTIVE

SANOFI BELGIUM

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Financial year 2025 · closed on 31/12/2025

Net result

15,1 M €

-62.7% YoY

Revenue

296,7 M €

+7.8% YoY

Equity

87,2 M €

-12.0% YoY

Workforce

185,5 ETP

-9.0% YoY

What does SANOFI BELGIUM do?

SANOFI BELGIUM is a Public limited company incorporated in 1998. Its main activity is: Wholesale of pharmaceutical goods. Its registered office is in Machelen (Brab.). It employs on average 185,5 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0464.435.901

Incorporation

27/10/1998

Legal form

Public limited company

Registered office

Leonardo da Vincilaan 19
1831 Machelen (Brab.) · FlandreSee on map

Contributed capital

45 608 171,31 €

Latest accounts

31/12/2025

Average workforce

185,5 ETP

Activities (NACE)

46460Wholesale of pharmaceutical goods· main 46460Wholesale of pharmaceutical goods 51180Passenger air transport 51460Air transport 46180Agents specialised in the sale of other particular products 46180Agents specialised in the sale of other particular products

Joint committees (4)

200
20000
207
218

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHigh revenue

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2011		2010		2009		2008		2007
Income statement
Revenue	296,7 M €	+7.8%	275,4 M €	+14.1%	241,4 M €	+2.4%	235,8 M €	-3.8%	245,2 M €	-0.8%	247,2 M €	-4.0%	257,5 M €	+2.9%	250,3 M €	+1.0%	247,7 M €	+17.1%	211,5 M €	+2.2%	207 M €	+3.4%	200,1 M €	-5.1%	210,8 M €	-4.9%	221,7 M €	-13.2%	255,3 M €	-11.4%	288,1 M €	-2.2%	294,5 M €	+1.9%	289 M €
EBITDA	15,9 M €	+4.0%	15,3 M €	+1295%	-1,3 M €	-110%	12,8 M €	+17.0%	10,9 M €	-69.1%	35,3 M €	+2226%	-1,7 M €	-149%	3,4 M €	-59.5%	8,4 M €	+283%	2,2 M €	-62.6%	5,8 M €	-12.0%	6,6 M €	-30.9%	9,6 M €	+142%	4 M €	-82.2%	22,3 M €	+667%	2,9 M €	-75.7%	12 M €	+0.7%	11,9 M €
Operating result	14,2 M €	+36.0%	10,5 M €	+306%	-5,1 M €	-147%	10,8 M €	+160%	4,2 M €	-81.9%	23,1 M €	+530%	-5,4 M €	-931%	647,4 k €	-88.1%	5,5 M €	+182%	1,9 M €	-67.1%	5,9 M €	-10.6%	6,6 M €	-25.3%	8,8 M €	+162%	3,4 M €	-84.4%	21,6 M €	+539%	3,4 M €	-67.8%	10,5 M €	-16.6%	12,6 M €
Net result	15,1 M €	-62.7%	40,4 M €	+967%	-4,7 M €	-159%	7,9 M €	+187%	2,7 M €	-84.8%	18 M €	+458%	-5 M €	-2734%	-177 k €	-103%	5,2 M €	+155%	2 M €	-53.1%	4,4 M €	-14.7%	5,1 M €	-21.8%	6,5 M €	+96.2%	3,3 M €	-77.7%	14,9 M €	+328%	3,5 M €	-55.7%	7,9 M €	+24.4%	6,3 M €
Balance sheet
Equity	87,2 M €	-12.0%	99,2 M €	+68.8%	58,8 M €	-7.4%	63,4 M €	-47.8%	121,6 M €	+2.3%	118,9 M €	+17.8%	100,9 M €	-25.8%	135,9 M €	-0.1%	136,1 M €	+4.0%	130,9 M €	+1.6%	128,9 M €	+3.5%	124,5 M €	+4.3%	119,4 M €	+22.9%	97,2 M €	+3.5%	93,9 M €	+18.9%	79 M €	+4.6%	75,5 M €	+11.6%	67,6 M €
Total assets	218,9 M €	+26.1%	173,6 M €	+30.2%	133,4 M €	+4.2%	128 M €	-32.0%	188,3 M €	+14.3%	164,8 M €	+12.1%	147 M €	-26.7%	200,6 M €	+1.6%	197,5 M €	+2.0%	193,6 M €	+4.9%	184,5 M €	+14.4%	161,2 M €	-12.9%	185 M €	+22.7%	150,8 M €	+1.9%	147,9 M €	-1.6%	150,4 M €	+1.5%	148,2 M €	+4.3%	142 M €
Cash	0 €	-100%	4 k €		0 €	-100%	3,7 k €	-97.7%	159,8 k €		–		–		–		–		–		–		–		–		6,8 €	-100.0%	570,4 k €	+21.3%	470,3 k €	-0.9%	474,8 k €	-79.7%	2,3 M €
Debts	128,3 M €	+98.2%	64,7 M €	-3.9%	67,4 M €	+6.4%	63,3 M €	-2.9%	65,2 M €	+51.3%	43,1 M €	+2.3%	42,1 M €	-32.2%	62,1 M €	+5.1%	59,1 M €	+0.6%	58,8 M €	+17.1%	50,2 M €	+63.2%	30,8 M €	-48.0%	59,2 M €	+68.8%	35,1 M €	-21.8%	44,8 M €	+0.9%	44,4 M €	-26.6%	60,5 M €	-4.3%	63,2 M €
Other
Workforce	185,5 ETP	-9.0%	203,9 ETP	-8.9%	223,8 ETP	+0.5%	222,6 ETP	-12.6%	254,8 ETP	-6.3%	272,0 ETP	-2.9%	280,0 ETP	-0.3%	280,8 ETP	+2.5%	273,9 ETP	+17.4%	233,4 ETP	+1.4%	230,2 ETP	+7.5%	214,1 ETP	+2.8%	208,2 ETP	-13.9%	241,9 ETP	-13.2%	278,6 ETP	-15.5%	329,6 ETP	-9.6%	364,7 ETP	-9.2%	401,7 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 100 M€ and 250 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 30 ended

Active mandates

Hao Zheng

Director · since 01 mai 2025 · until 08 juin 2028

Active

Bart Vermeulen

Director · since 01 novembre 2024 · until 09 juin 2027

Active

Ended mandates

Peter Verreth

Director · since 23 mai 2024 · until 28 juin 2026

Ended

Peter Oldenziel

Director · since 06 décembre 2020 · until 28 juin 2023

Ended

Johan Heylen

Director · since 01 octobre 2020 · until 28 juin 2023

Ended

Johan Heylen

Managing director · since 01 octobre 2020 · until 09 juin 2023

Ended

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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	24/06/2026	24/06/2026	02/08/2024	07/07/2023	02/11/2022	09/07/2021
General meeting	15/06/2026	02/07/2025	30/07/2024	23/06/2023	28/10/2022	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

23 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	15/06/2026	24/06/2026	Dutch	PDF
Full modelCorrection	31/12/2024	02/07/2025	24/06/2026	Dutch	PDF
Full model	31/12/2024	02/07/2025	25/07/2025	Dutch	PDF
Full model	31/12/2023	30/07/2024	02/08/2024	Dutch	PDF
Full model	31/12/2022	23/06/2023	07/07/2023	Dutch	PDF
Full model	31/12/2021	28/10/2022	02/11/2022	Dutch	PDF
Full model	31/12/2020	11/06/2021	09/07/2021	Dutch	PDF
Full modelCorrection	31/12/2019	12/06/2020	26/10/2020	Dutch	PDF
Full model	31/12/2019	12/06/2020	26/06/2020	Dutch	PDF
Full modelCorrection	31/12/2018	14/06/2019	26/10/2020	Dutch	PDF
Full model	31/12/2018	14/06/2019	20/06/2019	Dutch	PDF
Full model	31/12/2017	08/06/2018	14/06/2018	French	PDF
Full model	31/12/2016	09/06/2017	04/07/2017	French	PDF
Full model	31/12/2015	17/06/2016	12/07/2016	French	PDF
Full model	31/12/2014	12/06/2015	23/06/2015	Dutch	PDF
Full model	31/12/2013	13/06/2014	25/06/2014	Dutch	PDF
Full model	31/12/2012	14/06/2013	13/08/2013	Dutch	PDF
Full model	31/12/2011	08/06/2012	10/07/2012	Dutch	PDF
Full model	31/12/2010	10/06/2011	01/07/2011	Dutch	PDF
Full model	31/12/2009	11/06/2010	05/07/2010	Dutch	PDF
Full model	31/12/2008	08/05/2009	29/07/2009	Dutch	PDF
Full model	31/12/2007	09/05/2008	14/07/2008	Dutch	PDF
Full model	31/12/2006	11/05/2007	16/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 M€ and 250 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 · 2 active · 30 ended

Active mandates

Hao Zheng

Director · since 01 mai 2025 · until 08 juin 2028

Active

Bart Vermeulen

Director · since 01 novembre 2024 · until 09 juin 2027

Active

Ended mandates

Peter Verreth

Director · since 23 mai 2024 · until 28 juin 2026

Ended

Peter Oldenziel

Director · since 06 décembre 2020 · until 28 juin 2023

Ended

Johan Heylen

Director · since 01 octobre 2020 · until 28 juin 2023

Ended

Johan Heylen

Managing director · since 01 octobre 2020 · until 09 juin 2023

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates27/05/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates02/12/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates25/09/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates21/06/2024
ONTSLAGEN - BENOEMINGEN
PDF
Other21/12/2023
DIVERS
PDF
Other21/12/2023
DIVERSEN
PDF
Mandates31/08/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates30/03/2023
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

2025
Annual accounts 202515,1 M €↓
01/05/2025
nominationHao Zheng — bestuurder
2024
Annual accounts 202440,4 M €↑
01/11/2024
nominationBart Vermeulen — bestuurder
01/11/2024
nominationBart Vermeulen — Afgevaardigde bestuurder
23/05/2024
nominationPeter Verreth — bestuurder
2023
Annual accounts 2023-4,7 M €↓
30/07/2023
nominationKurt Marichal — commissaris
28/06/2023
reconductionJohan Heylen — bestuurder
28/06/2023
reconductionPieter Wester Oldenziel — bestuurder
28/06/2023
reconductionERNST & YOUNG — commissaris
2022
Annual accounts 20227,9 M €↑
05/12/2022
nominationPeter Verreth — Bijzondere Volmacht (offertes overheidsopdrachten)
05/12/2022
nominationDidier Pavier — gevolmachtigd (offertes overheidsopdrachten)
05/12/2022
nominationKoen Neirinck — gevolmachtigd (offertes overheidsopdrachten)
05/12/2022
nominationAlexia Dominicus van den Bussche — Bijzondere lasthebber (publicatieformaliteiten)
2021
Annual accounts 20212,7 M €↓
2020
Annual accounts 202018 M €↑
2019
Annual accounts 2019-5 M €↓
2018
Annual accounts 2018-177 k €↓
2017
Annual accounts 20175,2 M €↑
2016
Annual accounts 20162 M €↓
2015
Annual accounts 20154,4 M €↓
2014
Annual accounts 20145,1 M €↓
2013
Annual accounts 20136,5 M €↑
2011
Annual accounts 20113,3 M €↓
2010
Annual accounts 201014,9 M €↑
2009
Annual accounts 20093,5 M €↓
2008
Annual accounts 20087,9 M €↑
2007
Annual accounts 20076,3 M €
27/10/1998
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

SANOFI BELGIUM

Overview

What does SANOFI BELGIUM do?

Trend over 18 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