ACTIVE

PHILIPS BELGIUM COMMERCIAL

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Financial year 2025 · Closed on 31/12/2025

Net result208,7 k €-84,0 %over 1 year

Revenue66,9 M €-9,2 %over 1 year

Equity13,3 M €-7,2 %over 1 year

Workforce163,1 ETP-4,8 %over 1 year

Identity

Source · BCE/KBO

PHILIPS BELGIUM COMMERCIAL is a Public limited company incorporated in 2015. Its main activity is: Wholesale of pharmaceutical goods. Its registered office is in Jette. It employs on average 163,1 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0632.761.088
Incorporation: 25/06/2015
Legal form: Public limited company
Registered office: Av. du Bourg. Etienne Demunter 1
1090 Jette · BruxellesSee on map
Contributed capital: 12 500 000,00 €
Latest accounts: 31/12/2025
Average workforce: 163,1 ETP

Activities (NACE)

46460Wholesale of pharmaceutical goods· main 46460Wholesale of pharmaceutical goods 47740Retail sale of medical and orthopaedic goods in specialised stores 47741Retail sale of medical and orthopaedic goods in specialised stores 47750Retail sale of cosmetic and toilet articles in specialised stores 47750Retail sale of cosmetic and toilet articles in specialised stores

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 20 filings

Trend over 10 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	66,9 M €	-9.2%	73,7 M €	+7.5%	68,5 M €	-6.8%	73,5 M €	-31.0%	106,6 M €
EBITDA	1,4 M €	-56.0%	3,2 M €	+10.9%	2,9 M €	+274%	774,8 k €	-76.8%	3,3 M €
Operating result	992,8 k €	-57.0%	2,3 M €	+33.2%	1,7 M €	+13.5%	1,5 M €	-60.6%	3,9 M €
Net result	208,7 k €	-84.0%	1,3 M €	+23.5%	1,1 M €	-2.9%	1,1 M €	-58.2%	2,6 M €
Balance sheet
Equity	13,3 M €	-7.2%	14,4 M €	+2.1%	14,1 M €	+0.2%	14 M €	-9.0%	15,4 M €
Total assets	33 M €	-22.6%	42,6 M €	+30.8%	32,6 M €	-8.3%	35,6 M €	-9.1%	39,1 M €
Cash	1,1 M €		0 €	-100%	8,1 M €	+97.5%	4,1 M €	-68.0%	12,8 M €
Debts	13,6 M €	-34.2%	20,7 M €	+64.3%	12,6 M €	-21.5%	16,1 M €	-11.8%	18,2 M €
Other
Workforce	163,1 ETP	-4.8%	171,3 ETP	-1.8%	174,5 ETP	-4.9%	183,5 ETP	-1.2%	185,7 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 31/12/2025

3 active · 16 ended

Active mandates

Gerry Leppens

Director · since 21 juin 2024 · until 21 juin 2030

Active

Terence Vanstals

Director · since 14 juin 2022 · until 18 juin 2027

Active

Guido De Bisschop

Director · since 01 mai 2022 · until 18 juin 2027

Active

Ended mandates

Frank Dendas

Director · since 03 septembre 2019 · until 17 mars 2022

Ended

Frank Dendas

Director · since 03 septembre 2019 · until 21 juin 2024

Ended

Gerry Leppens

Director · since 01 mars 2019 · until 21 juin 2024

Ended

Frank Dendas

Director · since 03 septembre 2018 · until 21 juin 2024

Ended

Other companies at this address

Av. du Bourg. Etienne Demunter 1 1090 Jette

Company	CBE no.
BAUMER● Active	0403.210.885
BIC BELGIUM● Active	0405.891.451
WAD Capital Invest Fund I● Active	1029.317.082
WAD Capital Partners● Active	1010.344.179
WAD Capital Seed Fund I● Active	1011.630.123

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	01/01/2025	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	22/06/2026	23/06/2025	05/07/2024	20/06/2023	11/07/2022	16/07/2021
General meeting	19/06/2026	20/06/2025	21/06/2024	16/06/2023	14/06/2022	18/06/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	19/06/2026	22/06/2026	French	PDF
Full model	31/12/2025	19/06/2026	22/06/2026	Dutch	PDF
Full model	31/12/2024	20/06/2025	23/06/2025	Dutch	PDF
Full model	31/12/2024	20/06/2025	23/06/2025	French	PDF
Full model	31/12/2023	21/06/2024	05/07/2024	Dutch	PDF
Full model	31/12/2023	21/06/2024	05/07/2024	French	PDF
Full model	31/12/2022	16/06/2023	20/06/2023	French	PDF
Full model	31/12/2022	16/06/2023	20/06/2023	Dutch	PDF
Full model	31/12/2021	14/06/2022	11/07/2022	French	PDF
Full model	31/12/2021	14/06/2022	11/07/2022	Dutch	PDF
Full model	31/12/2020	18/06/2021	16/07/2021	French	PDF
Full model	31/12/2020	18/06/2021	16/07/2021	Dutch	PDF
Full model	31/12/2019	19/06/2020	17/07/2020	Dutch	PDF
Full model	31/12/2019	19/06/2020	17/07/2020	French	PDF
Full model	31/12/2018	21/06/2019	15/07/2019	Dutch	PDF
Full model	31/12/2018	21/06/2019	15/07/2019	French	PDF
Full model	31/12/2017	15/06/2018	12/07/2018	Dutch	PDF
Full model	31/12/2017	15/06/2018	12/07/2018	French	PDF
Full model	31/12/2016	16/06/2017	03/07/2017	French	PDF
Full model	31/12/2016	16/06/2017	03/07/2017	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 31/12/2025

3 active · 16 ended

Active mandates

Gerry Leppens

Director · since 21 juin 2024 · until 21 juin 2030

Active

Terence Vanstals

Director · since 14 juin 2022 · until 18 juin 2027

Active

Guido De Bisschop

Director · since 01 mai 2022 · until 18 juin 2027

Active

Ended mandates

Frank Dendas

Director · since 03 septembre 2019 · until 17 mars 2022

Ended

Frank Dendas

Director · since 03 septembre 2019 · until 21 juin 2024

Ended

Gerry Leppens

Director · since 01 mars 2019 · until 21 juin 2024

Ended

Frank Dendas

Director · since 03 septembre 2018 · until 21 juin 2024

Ended

Ownership and network

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Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates30/07/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates30/07/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/07/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates12/07/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates04/07/2022
DEMISSIONS, NOMINATIONS
PDF
Mandates04/07/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates30/05/2022
DEMISSIONS, NOMINATIONS
PDF
Mandates30/05/2022
ONTSLAGEN - BENOEMINGEN
PDF

Similar companies

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

See the Business plan

Timeline

2025
Annual accounts 2025208,7 k €↓
20/06/2025
nominationKevin VEESTRAETEN — commissaire
20/06/2025
nominationPwC Bedrijfsrevisoren BV — commissaris
2024
Annual accounts 20241,3 M €↑
21/06/2024
reconductionGerry Leppens — administrateur
21/06/2024
reconductionGerry Leppens — bestuurder
2023
Annual accounts 20231,1 M €↓
2022
Annual accounts 20221,1 M €↓
14/06/2022
reconductionTerence Vanstals — bestuurder
14/06/2022
reconductionEY Bedrijfsrevisoren BV — commissaris
14/06/2022
reconductionTerence Vanstals — administrateur
14/06/2022
reconductionEY Réviseurs d'Entreprises SRL — commissaire
01/05/2022
nominationGuido De Bisschop — administrateur
01/05/2022
nominationGuido De Bisschop — bestuurder
2021
Annual accounts 20212,6 M €↑
2020
Annual accounts 20201,8 M €↑
2019
Annual accounts 2019698,2 k €↓
2018
Annual accounts 20181,3 M €↓
2017
Annual accounts 20171,4 M €↑
2016
Annual accounts 2016918,7 k €
25/06/2015
IncorporationPublic limited company

PHILIPS BELGIUM COMMERCIAL

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