ACTIVE

BAXALTA BELGIUM MANUFACTURING

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Financial year 2026 · Closed on 31/03/2026

Net result25 M €-7,7 %over 1 year

Revenue374,2 M €+8,4 %over 1 year

Equity560 M €+4,9 %over 1 year

Workforce1 196,8 ETP+0,8 %over 1 year

Identity

Source · BCE/KBO

BAXALTA BELGIUM MANUFACTURING is a Public limited company incorporated in 2014. Its main activity is: Manufacture of basic pharmaceutical products. Its registered office is in Lessines. It employs on average 1 196,8 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0563.700.454
Incorporation: 06/10/2014
Legal form: Public limited company
Registered office: Boulevard René Branquart(L) 80
7860 Lessines · WallonieSee on map
Contributed capital: 300 676 353,50 €
Latest accounts: 31/03/2026
Average workforce: 1 196,8 ETP

Activities (NACE)

21100Manufacture of basic pharmaceutical products· main 21100Manufacture of basic pharmaceutical products 21201Manufacture of pharmaceutical preparations 21201Manufacture of pharmaceutical preparations

Joint committees (2)

Signals

ProfitableSolid equityLow riskPositive cashflowPositive EBITDAHigh revenue

Financials

Source · NBB, 12 filings

Trend over 10 financial years

	2026		2025		2024		2023		2022
Income statement
Revenue	374,2 M €	+8.4%	345 M €	+6.7%	323,2 M €	+7.8%	300 M €	+9.2%	274,8 M €
EBITDA	60,2 M €	-5.8%	64 M €	+12.5%	56,9 M €	+7.0%	53,2 M €	+5.0%	50,6 M €
Operating result	29,9 M €	-15.1%	35,2 M €	+21.1%	29,1 M €	+4.7%	27,8 M €	+8.5%	25,6 M €
Net result	25 M €	-7.7%	27,1 M €	+13.4%	23,9 M €	+11.1%	21,5 M €	+11.8%	19,2 M €
Balance sheet
Equity	560 M €	+4.9%	533,8 M €	+16.6%	457,8 M €	+5.4%	434,4 M €	+5.0%	413,8 M €
Total assets	713,1 M €	+6.2%	671,3 M €	+15.1%	583,1 M €	+11.8%	521,6 M €	+4.8%	497,8 M €
Cash	410,8 k €	+40.4%	292,7 k €	+59.9%	183,1 k €	+111%	86,7 k €	+1905%	4,3 k €
Debts	153 M €	+11.3%	137,4 M €	+9.7%	125,3 M €	+43.8%	87,1 M €	+3.7%	84 M €
Other
Workforce	1 196,8 ETP	+0.8%	1 187,7 ETP	-0.1%	1 189,0 ETP	+1.4%	1 172,9 ETP	+0.7%	1 164,9 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 500 M€ and 1.000 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/03/2026

6 active · 10 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Thierry Pestiaux	Director01/10/2025 → 30/09/2031
François Hupet	Director25/04/2016 → 16/09/2027
Valérie De Schutter	Director24/04/2016 → 16/09/2027
Indrajana MOELJADI	Director07/10/2021 → 17/09/2026
Patricia Denegri	Director07/10/2021 → 17/09/2026
Geoffrey Pot	Director19/11/2020 → 17/09/2026

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Pierre Dorignaux	Director30/03/2017 → 2022 accounts
Yves Legrand	Director30/03/2017 → 2021 accounts

Other companies at this address

Boulevard René Branquart(L) 80 7860 Lessines

Company	CBE no.
BAXTER● Active	0403.093.693
BAXTER BELGIUM● Active	0861.155.805
Baxter Formation et Entraide-Ouvriers● Active	0462.222.222
BAXTER GROUPE UNITE TVA● Active	0840.298.132
Baxter Pension Fund Belgium● Active	0428.690.312
Baxter R and D Europe● Active	0419.859.253
BAXTER SERVICES EUROPE● Active	0444.648.295
Baxter World Trade● Active	0426.694.684
Inform'L● Active	0656.649.319

Full financial information

Source · NBB

	2026	2025	2024	2023	2022	2021
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/04/2025	01/04/2024	01/04/2023	01/04/2022	01/04/2021	01/04/2020
Closing of the financial year	31/03/2026	31/03/2025	31/03/2024	31/03/2023	31/03/2022	31/03/2021
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	13/10/2026	06/10/2025	29/10/2024	04/10/2023	09/11/2022	16/12/2021
General meeting	01/10/2026	30/09/2025	28/10/2024	27/09/2023	21/10/2022	14/12/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 12 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/03/2026	01/10/2026	13/10/2026	French	PDF
Full model	31/03/2025	30/09/2025	06/10/2025	French	PDF
Full model	31/03/2024	28/10/2024	29/10/2024	French	PDF
Full model	31/03/2023	27/09/2023	04/10/2023	French	PDF
Full model	31/03/2022	21/10/2022	09/11/2022	French	PDF
Full model	31/03/2021	14/12/2021	16/12/2021	French	PDF
Full modelCorrection	31/03/2020	14/12/2021	16/12/2021	French	PDF
Full model	31/03/2020	07/10/2020	04/11/2020	French	PDF
Full model	31/12/2018	20/06/2019	17/09/2019	French	PDF
Full model	31/12/2017	10/10/2018	13/11/2018	French	PDF
Full model	31/12/2016	15/06/2017	29/09/2017	French	PDF
Full model	31/12/2015	16/06/2016	31/08/2016	French	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 M€ and 1.000 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 31/03/2026

6 active · 10 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Thierry Pestiaux	Director01/10/2025 → 30/09/2031
François Hupet	Director25/04/2016 → 16/09/2027
Valérie De Schutter	Director24/04/2016 → 16/09/2027
Indrajana MOELJADI	Director07/10/2021 → 17/09/2026
Patricia Denegri	Director07/10/2021 → 17/09/2026
Geoffrey Pot	Director19/11/2020 → 17/09/2026

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Pierre Dorignaux	Director30/03/2017 → 2022 accounts
Yves Legrand	Director30/03/2017 → 2021 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates21/10/2026
Renouvellement du mandat d'administrateur
PDF
Other16/07/2026
STATUTS (TRADUCTION, COORDINATION, AUTRES
PDF
Mandates13/03/2026
DEMISSIONS, NOMINATIONS
PDF
Mandates06/01/2026
DEMISSIONS, NOMINATIONS
PDF
Mandates24/11/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates18/11/2025
DEMISSIONS, NOMINATIONS
PDF
Capital / shares19/12/2024
CAPITAL, ACTIONS
PDF
Mandates13/05/2024
DEMISSIONS, NOMINATIONS
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

Filings10 filings

Mandates

Thierry Pestiaux

François Hupet

Valérie De Schutter

Indrajana MOELJADI

Patricia DENEGRI

Geoffrey POT

Pierre Dorignaux

Yves Legrand

Carbajal Ramon Sanchez

Ramon Sanchez Carbajal

Mario Ricard

Herman Jacobs

Show the 4 other mandates

201420152016201720182019202020212022202320242025202620272028202920302031

BAXALTA BELGIUM MANUFACTURING

Boulevard René Branquart(L) 80, 7860 Lessines

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Boulevard René Branquart(L) 80, 7860 LessinesCurrent	accounts 2022 → 2026	Accounts 2026 · 2026-00556264

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
BAXALTA BELGIUM MANUFACTURINGCurrent	accounts 2022 → 2026	Accounts 2026 · 2026-00556264

Events

2026
Annual accounts 202625 M €↓
19/02/2026
reconductionHUPET François · administrateur
19/02/2026
reconductionMOELJAD! Indrajana · administrateur
19/02/2026
reconductionDE SCHUTTER Valerie · administrateur
19/02/2026
reconductionPESTIAUX Thierry · administrateur
01/10/2025
nominationThierry PESTIAUX · mandataire
01/10/2025
nominationThierry PESTIAUX · administrateur
30/09/2025
reconductionKPMG Reviseurs d’Entreprises SRE · commissaire
30/09/2025
nominationAxel JORION · représentant permanent chargé de l'exercice de son mandat
2025
Annual accounts 202527,1 M €↑
10/12/2024
augmentation_capital
2024
Annual accounts 202423,9 M €↑
2023
Annual accounts 202321,5 M €↑
21/10/2022
nominationKPMG Reviseurs d'Entreprises SRL · commissaire
24/04/2022
reconductionValérie De Schutter · administrateur
24/04/2022
reconductionFrançois Hupet · administrateur
2022
Annual accounts 202219,2 M €↓
12/10/2021
nominationPatricia Denegri · représentant autorisé
2021
Annual accounts 202122,4 M €↓
2020
Annual accounts 202027,8 M €↑
2017
Annual accounts 201717,9 M €↑
2016
Annual accounts 201614,2 M €↑
2015
Annual accounts 20158,4 M €
06/10/2014
IncorporationPublic limited company

BAXALTA BELGIUM MANUFACTURING

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