ACTIVE

GMED HEALTHCARE

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Financial year 2025 · Closed on 31/12/2025

Net result4,3 M €-46,2 %over 1 year
Revenue3,6 Md €-2,3 %over 1 year
Equity85,1 M €+5,1 %over 1 year
Workforce89,4 ETP-8,3 %over 1 year

Identity

Source · BCE/KBO

GMED HEALTHCARE is a Private limited company incorporated in 2010. Its main activity is: Wholesale of pharmaceutical goods. Its registered office is in Machelen (Brab.). It employs on average 89,4 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0822.358.674
Incorporation
18/01/2010
Legal form
Private limited company
Registered office
Leonardo da Vincilaan 15
1831 Machelen (Brab.) · FlandreSee on map
Contributed capital
29 980 285,42 €
Latest accounts
31/12/2025
Average workforce
89,4 ETP
Joint committees (2)
  • 14003
  • 226
Signals
ProfitableGood liquidityPositive cashflowPositive EBITDAHigh revenue

Financials

Source · NBB, 19 filings

Trend over 13 financial years

20252024202320222021
Income statement
Revenue3,6 Md €3,7 Md €3,8 Md €3,4 Md €3,3 Md €
EBITDA216 M €207,4 M €188,1 M €163,2 M €166,8 M €
Operating result5,8 M €10 M €5,1 M €4,3 M €4,3 M €
Net result4,3 M €7,9 M €3,6 M €3,2 M €3 M €
Balance sheet
Equity85,1 M €81 M €73,2 M €69,8 M €66,7 M €
Total assets2,1 Md €2,4 Md €2,2 Md €2,5 Md €2,2 Md €
Cash190,6 M €425,5 M €202 M €36,1 M €32,4 M €
Debts2,1 Md €2,3 Md €2,1 Md €2,5 Md €2,2 Md €
Other
Workforce89,4 ETP97,5 ETP104,5 ETP108,5 ETP109,6 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 18 ended

Active mandates

Maarten Van Looveren

Director · since 01 octobre 2025

Active
Sylvie Bianchi

Director · since 01 juillet 2023 · until 15 octobre 2025

Active
Elena Gironi

Director · since 01 septembre 2021

Active

Ended mandates

Sylvie Bianchi

Director · since 01 juillet 2023

Ended
Arie MORUANX

Director · since 11 décembre 2019 · until 01 septembre 2021

Ended
Arie MORUANX

Director · since 11 décembre 2019

Ended
Beverly Pharaoh

Director · since 11 décembre 2019 · until 01 juillet 2023

Ended

Other companies at this address

Leonardo da Vincilaan 15 1831 Machelen (Brab.)
CompanyCBE no.
BELGIUM - LUXEMBOURG ORACLE USER GROUP● Active
0461.779.386
DePuy Synthes (Belgium)● Active
1038.037.976
JJSV Belgium● Active
0477.259.497
Johnson & Johnson (Belgium) Holding● Active
1038.504.467
JOHNSON & JOHNSON MEDICAL● Active
0425.967.580
OMRIX BIOPHARMACEUTICALS● Active
0455.883.073

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 date06/07/202623/07/202528/06/202430/06/202329/06/202229/06/2021
General meeting26/06/202626/06/202527/06/202429/06/202329/06/202229/06/2021
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, 19 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202526/06/202606/07/2026DutchPDF
Full modelCorrection31/12/202426/06/202523/07/2025DutchPDF
Full model31/12/202426/06/202503/07/2025DutchPDF
Full model31/12/202327/06/202428/06/2024DutchPDF
Full model31/12/202229/06/202330/06/2023DutchPDF
Full model31/12/202129/06/202229/06/2022DutchPDF
Full model31/12/202029/06/202129/06/2021DutchPDF
Full modelCorrection31/12/201915/06/202026/10/2020DutchPDF
Full model31/12/201915/06/202018/06/2020DutchPDF
Full modelCorrection31/12/201819/06/201924/09/2019DutchPDF
Full model31/12/201819/06/201924/06/2019DutchPDF
Full model31/12/201727/06/201828/06/2018DutchPDF
Full model31/12/201612/06/201728/06/2017DutchPDF
Full model31/12/201513/06/201627/06/2016DutchPDF
Full model31/12/201416/06/201519/06/2015DutchPDF
Full model31/12/201323/06/201407/07/2014DutchPDF
Full model31/12/201221/06/201330/07/2013DutchPDF
Full model31/12/201102/07/201207/08/2012DutchPDF
Full model31/12/201029/08/201121/09/2011DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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 · 18 ended

Active mandates

Maarten Van Looveren

Director · since 01 octobre 2025

Active
Sylvie Bianchi

Director · since 01 juillet 2023 · until 15 octobre 2025

Active
Elena Gironi

Director · since 01 septembre 2021

Active

Ended mandates

Sylvie Bianchi

Director · since 01 juillet 2023

Ended
Arie MORUANX

Director · since 11 décembre 2019 · until 01 septembre 2021

Ended
Arie MORUANX

Director · since 11 décembre 2019

Ended
Beverly Pharaoh

Director · since 11 décembre 2019 · until 01 juillet 2023

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates13/10/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates06/10/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates09/07/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates19/02/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/11/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/11/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates13/07/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/09/2021
    ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2025
    Annual accounts 20254,3 M €↓
  2. 01/10/2025
    nominationElena Gironi — bestuurder
  3. 01/10/2025
    nominationMaarten Van Looveren — bestuurder
  4. 01/10/2025
    nominationMaarten VAN LOOVEREN — niet-statutair bestuurder
  5. 26/06/2025
    reconductionPwC Bedrijfsrevisoren BV — commissaris
  6. 26/06/2025
    nominationEva Van Wonterghem — vertegenwoordiger van de commissaris
  7. 2024
    Annual accounts 20247,9 M €↑
  8. 2023
    Annual accounts 20233,6 M €↑
  9. 01/07/2023
    nominationSylvie BIANCHI — niet-statutair bestuurder
  10. 2022
    Annual accounts 20223,2 M €↑
  11. 29/06/2022
    reconductionPwC Bedrijfsrevisoren BV — commissaris
  12. 29/06/2022
    nominationRoel Boons — vertegenwoordiger van de commissaris
  13. 2021
    Annual accounts 20213 M €↑
  14. 2020
    Annual accounts 20202,4 M €↑
  15. 2019
    Annual accounts 20191,3 M €↓
  16. 2017
    Annual accounts 20172,7 M €↑
  17. 2015
    Annual accounts 20151,4 M €↓
  18. 2014
    Annual accounts 20144,4 M €↓
  19. 2013
    Annual accounts 20134,6 M €↑
  20. 2012
    Annual accounts 20124 M €↓
  21. 2011
    Annual accounts 20114 M €
  22. 18/01/2010
    IncorporationPrivate limited company