ACTIVE

GHX EUROPE

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Financial year 2025 · Closed on 31/12/2025

Net result
261,2 k €
+32,6 %over 1 year
Gross margin
3,5 M €
-18,1 %over 1 year
Equity
1,6 M €
+19,0 %over 1 year
Workforce
23,5 ETP
-15,5 %over 1 year

Identity

Source · BCE/KBO

GHX EUROPE is a Private limited company incorporated in 2001. Its main activity is: Wholesale of pharmaceutical goods. Its registered office is in Bruxelles. It employs on average 23,5 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0474.881.613
Incorporation
25/05/2001
Legal form
Private limited company
Registered office
Avenue Louise 81
1050 Bruxelles · BruxellesSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Average workforce
23,5 ETP
Joint committees (3)
  • 200
  • 207
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 21 filings

Trend over 20 financial years

20252024202320222021
Income statement
Gross margin3,5 M €4,2 M €3,7 M €3,8 M €3,8 M €
EBITDA229,8 k €246,3 k €218,7 k €308,6 k €333,7 k €
Operating result218,3 k €223,5 k €198,3 k €261,1 k €289,2 k €
Net result261,2 k €196,9 k €221,9 k €225,6 k €220,7 k €
Balance sheet
Equity1,6 M €1,4 M €3,7 M €3,5 M €3,2 M €
Total assets2,8 M €4,8 M €4,9 M €5 M €4,7 M €
Cash377,1 k €56,7 k €246,3 k €324,8 k €626,9 k €
Debts1,1 M €3,4 M €1,2 M €1,5 M €1,4 M €
Other
Workforce23,5 ETP27,8 ETP28,2 ETP29,6 ETP30,6 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 15 ended

Active mandates

Tina Murphy

Director · since 01 janvier 2023

Active
Christopher Batson

Director · since 31 décembre 2020

Active
Bernard FONTAINE

Director · since 08 février 2019

Active
Nedzad Fajic

Director · since 18 juillet 2013

Active

Ended mandates

Bernard Fontaine

Manager · since 08 février 2019

Ended
Nedzad Fajic

Manager · since 18 juillet 2013

Ended
Pete Nelson

Manager · since 01 septembre 2012 · until 31 mai 2014

Ended
Pete Nelson

Manager · since 01 septembre 2012

Ended

Other companies at this address

Avenue Louise 81 1050 Bruxelles
CompanyCBE no.
ARNAUD HOC AVOCAT● Active
1005.246.929
AWARE● Active
0758.998.670
CABINET D'AVOCATS AMEL YESSAD● Active
0800.280.880
CABINET D'AVOCATS COUDERT ASS INT● Active
0850.118.886
DALDEWOLF● Active
0439.842.936
Da Wo Law Firm● Active
0660.613.550
DE WOLF PATRICK AVOCATS● Active
0454.463.311
Fa Legal● Active
0791.317.783
Frédéric Couvreur Avocat● Active
0808.751.257
GENESYS EUROPE● Active
0524.786.034
Invest Europe● Active
0424.557.716
KNK INVESTMENTS● Active
0838.448.697
Lombard Odier Private Assets Belgium● Active
0793.688.147
LO PE – Waterland IX● Active
0793.882.741
LO PP Belgium● Active
1034.338.318
LOUIS VUITTON BELGIUM● Active
0423.452.906
Pauline Baudoux Avocate● Active
1035.322.273
Raphaël Gevers, Avocat● Active
0506.968.718
SAVILLS BELUX GROUP● Active
0895.759.069
SRE PARTNERS● Active
0882.878.063

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged 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 date13/07/202628/07/202508/08/202422/08/202324/06/202215/07/2021
General meeting10/07/202609/07/202510/07/202421/06/202315/06/202216/06/2021
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, 21 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202510/07/202613/07/2026DutchPDF
Abridged model31/12/202409/07/202528/07/2025FrenchPDF
Abridged model31/12/202310/07/202408/08/2024FrenchPDF
Abridged model31/12/202221/06/202322/08/2023FrenchPDF
Abridged model31/12/202115/06/202224/06/2022FrenchPDF
Abridged model31/12/202016/06/202115/07/2021FrenchPDF
Full model31/12/201917/06/202022/07/2020DutchPDF
Full model31/12/201819/06/201909/07/2019DutchPDF
Full model31/12/201720/06/201816/08/2018DutchPDF
Full model31/12/201621/06/201704/08/2017DutchPDF
Full model31/12/201525/07/201604/08/2016DutchPDF
Full model31/12/201417/06/201526/08/2015DutchPDF
Full model31/12/201318/06/201427/08/2014DutchPDF
Full model31/12/201219/06/201329/08/2013DutchPDF
Full model31/12/201120/06/201231/08/2012FrenchPDF
Abridged model31/12/201015/06/201101/08/2011DutchPDF
Abridged model31/12/200916/06/201031/08/2010DutchPDF
Abridged model31/12/200817/06/200925/08/2009DutchPDF
Abridged model31/12/200718/06/200829/08/2008DutchPDF
Abridged model31/12/200614/03/200820/03/2008DutchPDF
Abridged model31/12/200504/05/200708/05/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 · 15 ended

Active mandates

Tina Murphy

Director · since 01 janvier 2023

Active
Christopher Batson

Director · since 31 décembre 2020

Active
Bernard FONTAINE

Director · since 08 février 2019

Active
Nedzad Fajic

Director · since 18 juillet 2013

Active

Ended mandates

Bernard Fontaine

Manager · since 08 février 2019

Ended
Nedzad Fajic

Manager · since 18 juillet 2013

Ended
Pete Nelson

Manager · since 01 septembre 2012 · until 31 mai 2014

Ended
Pete Nelson

Manager · since 01 septembre 2012

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates12/07/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates03/11/2022
    DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates08/03/2021
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates16/04/2019
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates12/11/2015
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates14/08/2013
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates17/09/2012
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates04/05/2012
    SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
    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 2025261,2 k €↑
  2. 2024
    Annual accounts 2024196,9 k €↓
  3. 2023
    Annual accounts 2023221,9 k €↓
  4. 2022
    Annual accounts 2022225,6 k €↑
  5. 2021
    Annual accounts 2021220,7 k €↓
  6. 2019
    Annual accounts 2019305,3 k €↑
  7. 2018
    Annual accounts 2018245,8 k €↑
  8. 2017
    Annual accounts 2017241,5 k €↓
  9. 2016
    Annual accounts 2016268,5 k €↑
  10. 2015
    Annual accounts 2015156,7 k €↓
  11. 2014
    Annual accounts 2014194 k €↑
  12. 2013
    Annual accounts 2013128,3 k €↓
  13. 2012
    Annual accounts 2012276,4 k €↑
  14. 2011
    Annual accounts 2011177,2 k €↑
  15. 2010
    Annual accounts 2010410,8 €↓
  16. 2009
    Annual accounts 2009272,7 k €↑
  17. 2008
    Annual accounts 200826,2 k €↑
  18. 2007
    Annual accounts 200717,9 k €↑
  19. 2006
    Annual accounts 2006-8,1 k €↑
  20. 2005
    Annual accounts 2005-55,7 k €
  21. 25/05/2001
    IncorporationPrivate limited company