ACTIVE

Cipla Europe

Financial year 2025 · Closed on 31/03/2025

Net result-1,3 M €-4,2 %over 1 year

Revenue24,8 M €+15,0 %over 1 year

Equity3,5 M €-27,4 %over 1 year

Identity

Source · BCE/KBO

Cipla Europe is a Public limited company incorporated in 2013. Its main activity is: Wholesale of pharmaceutical goods. Its registered office is in Antwerpen.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0539.790.548
Incorporation: 30/09/2013
Legal form: Public limited company
Registered office: De Keyserlei 60C box 1301
2018 Antwerpen · FlandreSee on map
Contributed capital: 7 100 000,00 €
Latest accounts: 31/03/2025

Activities (NACE)

46460Wholesale of pharmaceutical goods· main 46460Wholesale of pharmaceutical goods 46150Agents involved in the sale of furniture, household goods, hardware and ironmongery 46150Agents involved in the sale of furniture, household goods, hardware and ironmongery

Joint committees (2)

Signals

Positive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 13 filings

Trend over 12 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	24,8 M €	+15.0%	21,6 M €	+1.7%	21,2 M €	+0.4%	21,1 M €	+47.4%	14,3 M €
EBITDA	2 M €	+719%	-330,4 k €	-107%	4,4 M €	+62.5%	2,7 M €	+0.9%	2,7 M €
Operating result	-218,7 k €	+73.0%	-809,9 k €	+53.9%	-1,8 M €	-505%	434,1 k €	+24.4%	348,9 k €
Net result	-1,3 M €	-4.2%	-1,3 M €	+38.4%	-2,1 M €	-1096%	206,5 k €	-37.9%	332,4 k €
Balance sheet
Equity	3,5 M €	-27.4%	4,8 M €	-20.8%	6,1 M €	-25.3%	8,1 M €	+2.6%	7,9 M €
Total assets	40,8 M €	+4.6%	39 M €	+37.4%	28,3 M €	-13.7%	32,8 M €	+47.1%	22,3 M €
Cash	929,3 k €	+4923%	18,5 k €	-97.1%	636 k €	+41.0%	451,1 k €	-77.8%	2 M €
Debts	36,3 M €	+10.5%	32,8 M €	+56.8%	20,9 M €	-9.8%	23,2 M €	+78.9%	13 M €
Other
Workforce	–		–		16,0 ETP	+167%	6,0 ETP	+50.0%	4,0 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/03/2025

3 active · 8 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Ankit Kirit Gudhka	Administrator - manager31/05/2024 → 02/09/2030Directorlisted until the 2024 accountsended
Saumil CHOGLE	Administrator - manager21/04/2023 → 31/05/2024Directorlisted until the 2023 accountsended
Sahid HOCINE	Director01/09/2022 → 04/09/2028

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Gillian Latham	Director06/08/2021 → 2022 accounts
Anchal Sultania	Managing director22/07/2019 → 2020 accountsDirector22/07/2019 → 2023 accounts

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Full financial information

Source · NBB

	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	01/04/2024	01/04/2023	01/04/2022	01/04/2021	01/04/2020	01/04/2019
Closing of the financial year	31/03/2025	31/03/2024	31/03/2023	31/03/2022	31/03/2021	31/03/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	08/10/2025	27/01/2025	20/12/2023	22/09/2022	17/08/2021	24/08/2020
General meeting	26/09/2025	17/01/2025	13/12/2023	23/08/2022	06/08/2021	12/08/2020
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 · NBB

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Annual accounts filings

Source · NBB, 13 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/03/2025	26/09/2025	08/10/2025	Dutch	PDF
Full model	31/03/2024	17/01/2025	27/01/2025	Dutch	PDF
Full model	31/03/2023	13/12/2023	20/12/2023	Dutch	PDF
Full model	31/03/2022	23/08/2022	22/09/2022	Dutch	PDF
Full model	31/03/2021	06/08/2021	17/08/2021	Dutch	PDF
Full model	31/03/2020	12/08/2020	24/08/2020	Dutch	PDF
Full model	31/03/2019	22/07/2019	24/07/2019	Dutch	PDF
Full modelCorrection	31/03/2018	03/08/2018	30/10/2018	Dutch	PDF
Full model	31/03/2018	03/08/2018	08/08/2018	Dutch	PDF
Full model	31/03/2017	16/02/2018	19/02/2018	Dutch	PDF
Full model	31/03/2016	11/01/2017	18/01/2017	Dutch	PDF
Full model	31/03/2015	06/09/2015	11/09/2015	Dutch	PDF
Full model	31/03/2014	16/06/2014	22/07/2014	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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 31/03/2025

3 active · 8 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Ankit Kirit Gudhka	Administrator - manager31/05/2024 → 02/09/2030Directorlisted until the 2024 accountsended
Saumil CHOGLE	Administrator - manager21/04/2023 → 31/05/2024Directorlisted until the 2023 accountsended
Sahid HOCINE	Director01/09/2022 → 04/09/2028

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Gillian Latham	Director06/08/2021 → 2022 accounts
Anchal Sultania	Managing director22/07/2019 → 2020 accountsDirector22/07/2019 → 2023 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates22/06/2026
ONTSLAGEN - BENOEMINGEN
PDF
Registered office31/10/2024
ADRESSEN ANDERS DAN MAATSCHAPPELIJKE ZETEL
PDF
Registered office14/10/2024
MAATSCHAPPELIJKE ZETEL
PDF
Mandates23/09/2024
ONTSLAGEN - BENOEMINGEN
PDF
Other13/02/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates31/05/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates20/10/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates06/09/2021
ONTSLAGEN - BENOEMINGEN
PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings12 filings

Mandates

Ankit Kirit Gudhka

Saumil Chogle

Sahid HOCINE

Gillian Latham

Anchal SULTANIA

Christos Kartalis

Anuj Aggarwal

Herman Van Barneveld

Subramani VAIDYANATHAN

Ann De Smedt

Frank Pieters

201320142015201620172018201920202021202220232024202520262027202820292030

Cipla Europe

De Keyserlei 60C bte 1301, 2018 Antwerp-2018De Keyserlei 58-60 bte 19, 2018 Antwerp-2018

Administrator - manager

Director

Managing director

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
De Keyserlei 60C bte 1301, 2018 Antwerp-2018Current	accounts 2025	Accounts 2025 · 2025-00542145
De Keyserlei 60 C bte 1301, 2018 Antwerp-2018	accounts 2024	Accounts 2024 · 2025-00025096
De Keyserlei 58-60 bte 19, 2018 Antwerp-2018	accounts 2022 → 2023	Accounts 2023 · 2023-00536041

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
Cipla EuropeCurrent	accounts 2022 → 2025	Accounts 2025 · 2025-00542145

Events

2025
Annual accounts 2025-1,3 M €↓
2024
Annual accounts 2024-1,3 M €↑
2023
Annual accounts 2023-2,1 M €↓
2022
Annual accounts 2022206,5 k €↓
2021
Annual accounts 2021332,4 k €↓
2020
Annual accounts 2020346,1 k €↑
2019
Annual accounts 2019313,7 k €↑
2018
Annual accounts 2018-66 k €↓
2017
Annual accounts 20171,1 M €↓
2016
Annual accounts 201611,1 M €↑
2015
Annual accounts 2015-10,5 M €↓
2014
Annual accounts 2014-717,1 k €
30/09/2013
IncorporationPublic limited company

Cipla Europe

Overview

Identity

Financials

Valuation

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

Timeline

Registered offices

Company names

Events