ACTIVE

Cordis Belgium

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Financial year 2025 · Closed on 30/06/2025

Net result112,5 k €+101,7 %over 1 year
Revenue5,8 M €
Equity367,4 k €+133,6 %over 1 year
Workforce4,6 ETP-31,3 %over 1 year

Identity

Source · BCE/KBO

Cordis Belgium is a Private limited company incorporated in 2021. Its main activity is: Wholesale of pharmaceutical goods. Its registered office is in Machelen (Brab.). It employs on average 4,6 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0766.891.106
Incorporation
19/04/2021
Legal form
Private limited company
Registered office
Leonardo da Vincilaan 19A
1831 Machelen (Brab.) · FlandreSee on map
Contributed capital
100 000,00 €
Latest accounts
30/06/2025
Average workforce
4,6 ETP
Joint committees (1)
  • 200
Signals
ProfitableLow riskPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 5 filings

Trend over 3 financial years

202520232022
Income statement
Revenue5,8 M €––
EBITDA488,7 k €319 k €547,9 k €
Operating result177,2 k €139,4 k €112,4 k €
Net result112,5 k €55,8 k €1,6 k €
Balance sheet
Equity367,4 k €157,3 k €101,6 k €
Total assets2,2 M €3,3 M €4 M €
Cash332 k €380,1 k €783,4 k €
Debts1,7 M €3 M €3,6 M €
Other
Workforce4,6 ETP6,7 ETP8,4 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 30/06/2025

2 active · 3 ended

Active mandates

Pieter Dewandeleer

Managing director · since 05 janvier 2023

Active
Xoual Pierre Alain

Director · since 08 septembre 2021

Active

Ended mandates

Miek Lakiere

Managing director · since 08 septembre 2021 · until 05 janvier 2023

Ended
Xoual Pierre Alain

Director · since 08 septembre 2021

Ended
Pragma Business Services

Director · since 19 avril 2021 · until 02 août 2021 · 0825.380.324

Represented by Erik Jean-Pierre Adam

Ended

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Leonardo da Vincilaan 19A 1831 Machelen (Brab.)
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Full financial information

Source · NBB
2025202420232022
Type of accountAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/07/202401/07/202301/07/202219/04/2021
Closing of the financial year30/06/202530/06/202430/06/202330/06/2022
Length of the financial year12 months12 months12 months15 months
Filing date03/02/202607/03/202528/02/202423/10/2023
General meeting09/12/202518/02/202531/01/202406/10/2023
Currency of the financial yearEUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 5 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged modelCorrection30/06/202509/12/202503/02/2026DutchPDF
Abridged model30/06/202519/12/202512/01/2026DutchPDF
Abridged model30/06/202418/02/202507/03/2025DutchPDF
Abridged model30/06/202331/01/202428/02/2024DutchPDF
Abridged model30/06/202206/10/202323/10/2023DutchPDF

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 30/06/2025

2 active · 3 ended

Active mandates

Pieter Dewandeleer

Managing director · since 05 janvier 2023

Active
Xoual Pierre Alain

Director · since 08 septembre 2021

Active

Ended mandates

Miek Lakiere

Managing director · since 08 septembre 2021 · until 05 janvier 2023

Ended
Xoual Pierre Alain

Director · since 08 septembre 2021

Ended
Pragma Business Services

Director · since 19 avril 2021 · until 02 août 2021 · 0825.380.324

Represented by Erik Jean-Pierre Adam

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Other08/12/2025
    ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Court decision27/12/2024
    RUBRIEK EINDE (STOPZETTING, INTREKKING STOPZETTING, NIETIGHEID, GER. AK., GERECHTELIJKE REORGANISATIE, ENZ...
    PDF
  • Mandates13/02/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates28/11/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office12/05/2022
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates19/11/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other21/04/2021
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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 2025112,5 k €↑
  2. 2023
    Annual accounts 202355,8 k €↑
  3. 2022
    Annual accounts 20221,6 k €
  4. 19/04/2021
    IncorporationPrivate limited company