Affordable Medicines Europe
0465.125.985 · rovalta.com · 26/09/2026
ACTIVE
Affordable Medicines Europe
Financial year 2024 · Closed on 31/12/2024
Net result-1,2 M €-1 540,3 %over 1 year
Gross margin175,2 k €+102,1 %over 1 year
Equity466,5 k €-71,5 %over 1 year
Workforce2,8 ETP+40,0 %over 1 year
Overview
Identity
Source · BCE/KBOAffordable Medicines Europe is a International non-profit organization incorporated in 1999. Its main activity is: Management consultancy activities. Its registered office is in Bruxelles. It employs on average 2,8 ETP workers (FTE).
- Legal situation
- Normal situation
- BCE/KBO no. / VAT
- BE 0465.125.985
- Incorporation
- 11/02/1999
- Legal form
- International non-profit organization
- Registered office
- Rue des Deux Eglises 26
1000 Bruxelles · BruxellesSee on map - Latest accounts
- 31/12/2024
- Average workforce
- 2,8 ETP
Activities (NACE)
Joint committees (1)
- 337
Contacts
1 public detail availableLog in to view
Signals
Solid equityGood liquidityHealthy social debts
Financials
Source · NBB, 6 filingsTrend over 6 financial years
| 2024 | 2023 | 2022 | 2021 | 2020 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||
| Gross margin | 175,2 k € | +102% | 86,7 k € | -49.1% | 170,2 k € | -24.7% | 226,1 k € | -62.2% | 597,9 k € |
| EBITDA | -997,6 k € | -1000% | -90,7 k € | -368% | 33,9 k € | -75.5% | 138,5 k € | -68.5% | 439,1 k € |
| Operating result | -1 M € | -955% | -94,9 k € | -452% | 27 k € | -79.3% | 130,4 k € | -69.7% | 430,3 k € |
| Net result | -1,2 M € | -1540% | -71,4 k € | -458% | 19,9 k € | -84.0% | 124,8 k € | -72.0% | 446,4 k € |
| Balance sheet | |||||||||
| Equity | 466,5 k € | -71.5% | 1,6 M € | -4.2% | 1,7 M € | +1.2% | 1,7 M € | +8.0% | 1,6 M € |
| Total assets | 796,1 k € | -56.7% | 1,8 M € | +0.4% | 1,8 M € | -0.3% | 1,8 M € | +13.4% | 1,6 M € |
| Cash | 57,6 k € | -87.7% | 468,1 k € | -72.9% | 1,7 M € | +4.8% | 1,6 M € | +29.9% | 1,3 M € |
| Debts | 324,4 k € | +66.2% | 195,3 k € | +68.0% | 116,2 k € | -16.9% | 139,9 k € | +198% | 47 k € |
| Other | |||||||||
| Workforce | 2,8 ETP | +40.0% | 2,0 ETP | +11.1% | 1,8 ETP | -5.3% | 1,9 ETP | +5.6% | 1,8 ETP |
Valuation
Indicative valuation
As an indication, this company is worth
between 250 k€ and 500 k€
See the valuationBoard of directors
Source · NBB, accounts to 31/12/202425 active · 97 ended
Active mandates
Emil Backlund
ActiveAndreas Roselund
ActiveGian Maria Morra
ActiveJean-Hugues Michel
ActiveJörg Geller
ActivePieter Boudrez
ActiveMike Goorman
ActiveMartin Kriz
ActiveAndrew Tittershil
ActiveAlexandros Tsatsaronis
ActiveAndre Guergana
ActiveAntonio Tito Mantero de Mendonça Alves
ActiveBogdan Pavel
ActiveCarlos Iglesias Jimenez
ActiveFaustas Malinauskas
ActiveFriederike Hrubesh-Mohringer
ActiveGuillaume Perruchot
ActiveJan de Kreij
ActivePatrick Wadding
ActiveThomas Brandhof
ActiveTibor Kovacs
ActiveTomasz Dzitko
ActiveWagner Flemming
ActiveMartin Satran
ActiveKasper Ernest
ActiveEnded mandates
Martin Kriz
EndedAndrew Tittershil
EndedAlexandros Tsatsaronis
EndedAlexandros Tsatsaronis
EndedOther companies at this address
Rue des Deux Eglises 26 1000 Bruxelles| Company | CBE no. |
|---|---|
| 0438.023.393 | |
| 0893.274.087 | |
| 0672.825.949 | |
BREEDERS TRUST● Active | 0822.746.278 |
| 0456.204.262 | |
ENSUR● Active | 0560.735.719 |
Ensur Ventures● Active | 0728.808.510 |
| 0459.768.419 | |
| 0459.769.904 | |
EUROPEAN BENTONITE ASSOCIATION● Active | 0472.150.270 |
European Borates Association● Active | 0465.220.611 |
EUROPEAN LIME ASSOCIATION● Active | 0479.082.505 |
European Snacks Association● Active | 0675.418.819 |
| 0881.601.326 | |
| 0452.946.151 | |
| 0465.221.502 | |
| 0410.319.601 | |
| 0417.138.701 | |
SGI Europe● Active | 0430.278.043 |
The Ensur Company Partnership● Active | 1024.076.411 |
Financials
Full financial information
Source · NBB| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|
| Type of account | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model |
| Start of the financial year | 01/01/2024 | 01/01/2023 | 01/01/2022 | 01/01/2021 | 01/01/2020 | 01/01/2019 |
| Closing of the financial year | 31/12/2024 | 31/12/2023 | 31/12/2022 | 31/12/2021 | 31/12/2020 | 31/12/2019 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 24/12/2025 | 13/08/2024 | 29/06/2023 | 28/07/2022 | 24/06/2021 | 30/10/2020 |
| General meeting | 08/03/2025 | 27/05/2024 | 26/05/2023 | 18/05/2022 | 28/05/2021 | 04/09/2020 |
| 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 |
Financial ratios
Source · NBBLooking for more information about this company?
Try for freeAnnual accounts filings
Source · NBB, 6 filings| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2024 | 08/03/2025 | 24/12/2025 | French | |
| Abridged model | 31/12/2023 | 27/05/2024 | 13/08/2024 | French | |
| Abridged model | 31/12/2022 | 26/05/2023 | 29/06/2023 | French | |
| Abridged model | 31/12/2021 | 18/05/2022 | 28/07/2022 | French | |
| Abridged model | 31/12/2020 | 28/05/2021 | 24/06/2021 | French | |
| Abridged model | 31/12/2019 | 04/09/2020 | 30/10/2020 | French |
Valuation
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 250 k€ and 500 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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Board of directors
Source · NBB, accounts to 31/12/202425 active · 97 ended
Active mandates
Emil Backlund
ActiveAndreas Roselund
ActiveGian Maria Morra
ActiveJean-Hugues Michel
ActiveJörg Geller
ActivePieter Boudrez
ActiveMike Goorman
ActiveMartin Kriz
ActiveAndrew Tittershil
ActiveAlexandros Tsatsaronis
ActiveAndre Guergana
ActiveAntonio Tito Mantero de Mendonça Alves
ActiveBogdan Pavel
ActiveCarlos Iglesias Jimenez
ActiveFaustas Malinauskas
ActiveFriederike Hrubesh-Mohringer
ActiveGuillaume Perruchot
ActiveJan de Kreij
ActivePatrick Wadding
ActiveThomas Brandhof
ActiveTibor Kovacs
ActiveTomasz Dzitko
ActiveWagner Flemming
ActiveMartin Satran
ActiveKasper Ernest
ActiveEnded mandates
Martin Kriz
EndedAndrew Tittershil
EndedAlexandros Tsatsaronis
EndedAlexandros Tsatsaronis
EndedOwnership and network
Looking for more information about this company?
Try for freePublications
Belgian Official Gazette publications
Source · Belgian Official Gazette- Mandates13/03/2026DEMISSIONS, NOMINATIONS
- Mandates20/08/2024DEMISSIONS, NOMINATIONS
- Mandates17/07/2024DEMISSIONS, NOMINATIONS
- Mandates10/06/2024DEMISSIONS, NOMINATIONS
- Mandates16/03/2023DEMISSIONS, NOMINATIONS
- Mandates10/01/2022DEMISSIONS, NOMINATIONS
- Mandates25/01/2021DEMISSIONS, NOMINATIONS
- Mandates17/11/2020STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - DENOMINATION
Similar companies
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2024Annual accounts 2024-1,2 M €↓
- 2023Annual accounts 2023-71,4 k €↓
- 2022Annual accounts 202219,9 k €↓
- 2021Annual accounts 2021124,8 k €↓
- 2020Annual accounts 2020446,4 k €↑
- 2019Annual accounts 2019218,8 k €
- 11/02/1999IncorporationInternational non-profit organization