ACTIVE

EUROPEAN MEDICINES VERIFICATION ORGANISATION A.S.B.L.

Financial year 2025 · Closed on 31/12/2025

Net result1,7 M €+82,2 %over 1 year
Equity16,4 M €+11,8 %over 1 year
Workforce25,9 ETP-4,8 %over 1 year

Identity

Source · BCE/KBO

EUROPEAN MEDICINES VERIFICATION ORGANISATION A.S.B.L. is a Non-profit organization incorporated in 2015. Its main activity is: Data processing, hosting and related activities; web portals. Its registered office is in Bruxelles. It employs on average 25,9 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0638.801.022
Incorporation
13/02/2015
Legal form
Non-profit organization
Registered office
Rue du Commerce 123
1000 Bruxelles · BruxellesSee on map
Latest accounts
31/12/2025
Average workforce
25,9 ETP
Joint committees (1)
  • 335
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 10 filings

Trend over 10 financial years

20252024202320222021
Income statement
Gross margin–––––
EBITDA3,6 M €2,6 M €2,9 M €2,9 M €3,7 M €
Operating result1,7 M €899,5 k €1,4 M €1,6 M €2,7 M €
Net result1,7 M €955,5 k €1,3 M €1,6 M €2,6 M €
Balance sheet
Equity16,4 M €14,7 M €13,7 M €12,4 M €10,9 M €
Total assets18,6 M €17,2 M €15,4 M €14 M €14,2 M €
Cash6,9 M €1,5 M €3,7 M €2,5 M €4,4 M €
Debts2,1 M €2,5 M €1,7 M €1,5 M €3,3 M €
Other
Workforce25,9 ETP27,2 ETP26,0 ETP22,7 ETP22,7 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

7 active · 47 ended

Active mandates

DirectorFunctionMandateOther mandatescurrentendedstruck offbankruptcies
Magriet KEIJZER
Director01/05/2025 → 31/12/2026
Adrian VAN DEN HOVEN
Vice-chairman of the board of directors01/01/2025 → 31/12/2026
Bernd GRABNER
Director01/01/2025 → 31/12/2026
Ilaria PASSARANI
Chairman of the board of directors01/01/2025 → 31/12/2026
LIBRICOLAE AS S. Etr.1018.725.771Represented by Kai MJAANES
Directeursince 01/01/2025
Nathalie MOLL
Director01/01/2025 → 31/12/2026
Olga RUPPERT
Director01/01/2025 → 30/04/2025

Ended mandates

DirectorFunctionMandateOther mandatescurrentendedstruck offbankruptcies
LIBRICOLAE AS S. Etr.Represented by Kai MJAANES
Personne déléguée à la gestion journalièresince 01/01/2025
Olga RUPPERT
Director12/12/2024 → 31/12/2026
Bernd GRABNER
Director08/12/2023 → 28/02/2025
Bernd GRABNER
Director08/12/2023 → 31/12/2026

Other companies at this address

Rue du Commerce 123 1000 Bruxelles
CompanyCBE no.
0414.915.619
AGP CONSULT● Active
0822.333.237
0870.691.202
0436.784.862
0851.133.032
0436.921.157
0455.983.043
Unio● Active
0410.810.044
0460.057.241
YAPA INVEST● Active
0506.823.911

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull 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 date09/06/202617/06/202520/06/202408/06/202304/04/202218/03/2021
General meeting11/05/202613/05/202523/05/202411/05/202304/03/202205/03/2021
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, 10 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202511/05/202609/06/2026FrenchPDF
Full model31/12/202413/05/202517/06/2025FrenchPDF
Full model31/12/202323/05/202420/06/2024FrenchPDF
Full model31/12/202211/05/202308/06/2023FrenchPDF
Full model31/12/202104/03/202204/04/2022FrenchPDF
Full model31/12/202005/03/202118/03/2021FrenchPDF
Abridged model31/12/201906/03/202012/05/2020FrenchPDF
Abridged model31/12/201815/03/201904/06/2019FrenchPDF
Abridged model31/12/201728/03/201821/12/2018FrenchPDF
Abridged model31/12/201628/02/201729/09/2017FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 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

7 active · 47 ended

Active mandates

DirectorFunctionMandateOther mandatescurrentendedstruck offbankruptcies
Magriet KEIJZER
Director01/05/2025 → 31/12/2026
Adrian VAN DEN HOVEN
Vice-chairman of the board of directors01/01/2025 → 31/12/2026
Bernd GRABNER
Director01/01/2025 → 31/12/2026
Ilaria PASSARANI
Chairman of the board of directors01/01/2025 → 31/12/2026
LIBRICOLAE AS S. Etr.1018.725.771Represented by Kai MJAANES
Directeursince 01/01/2025
Nathalie MOLL
Director01/01/2025 → 31/12/2026
Olga RUPPERT
Director01/01/2025 → 30/04/2025

Ended mandates

DirectorFunctionMandateOther mandatescurrentendedstruck offbankruptcies
LIBRICOLAE AS S. Etr.Represented by Kai MJAANES
Personne déléguée à la gestion journalièresince 01/01/2025
Olga RUPPERT
Director12/12/2024 → 31/12/2026
Bernd GRABNER
Director08/12/2023 → 28/02/2025
Bernd GRABNER
Director08/12/2023 → 31/12/2026

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates10/09/2026
    Renouvellement du mandat du commissaire - Modification des statuts
    PDF
  • Mandates10/08/2026
    Renouvellement du mandat du commissaire - Approbation des
    PDF
  • Mandates10/07/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates09/04/2025
    DEMISSIONS, NOMINATIONS - DIVERS
    PDF
  • Mandates24/01/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates09/09/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates05/04/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates24/11/2023
    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 20251,7 M €↑
  2. 2024
    Annual accounts 2024955,5 k €↓
  3. 2023
    Annual accounts 20231,3 M €↓
  4. 2022
    Annual accounts 20221,6 M €↓
  5. 2022
    Name changeEUROPEAN MEDICINES VERIFICATION ORGANISATION
  6. 2021
    Annual accounts 20212,6 M €↓
  7. 2020
    Annual accounts 202011,7 M €↑
  8. 2019
    Annual accounts 20197,7 M €↑
  9. 2018
    Annual accounts 2018-1,5 M €↑
  10. 2017
    Annual accounts 2017-3,5 M €↑
  11. 2016
    Annual accounts 2016-3,7 M €
  12. 13/02/2015
    IncorporationNon-profit organization

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
EUROPEAN MEDICINES VERIFICATION ORGANISATION A.S.B.L.Current
CBE, tracked since 27/09/2026
CBE
EUROPEAN MEDICINES VERIFICATION ORGANISATION
accounts 2022 → 2025
Accounts 2025 · 2026-00157308
EUROPEAN MEDICINES VERIFICATION ORGANISATION A.S.B.L.
accounts 2021
Accounts 2021 · 2022-20000854

Annual accounts date a value by the financial year it appears in. The CBE dates a change to the day, but its history has only been kept since 27/09/2026.