ACTIVE

CHIESI

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Financial year 2025 · closed on 31/12/2025

Net result

2,9 M €

+36.5% YoY

Revenue

80,6 M €

+22.2% YoY

Equity

2,1 M €

-2.8% YoY

Workforce

47,1 ETP

+22.7% YoY

What does CHIESI do?

CHIESI is a Public limited company incorporated in 2010. Its main activity is: Wholesale of pharmaceutical goods. Its registered office is in Zaventem. It employs on average 47,1 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0826.654.883

Incorporation

15/06/2010

Legal form

Public limited company

Registered office

Luchthaven Brussel Nationaal 1 K
1930 Zaventem · FlandreSee on map

Contributed capital

1 500 000,00 €

Latest accounts

31/12/2025

Average workforce

47,1 ETP

Activities (NACE)

46460Wholesale of pharmaceutical goods· main 46460Wholesale of pharmaceutical goods 46120Agents involved in the sale of fuels, ores, metals and industrial chemicals 46120Agents involved in the sale of fuels, ores, metals and industrial chemicals 46751Wholesale of chemical products 46851Wholesale trade, except of motor vehicles and motorcycles+2

Joint committees (1)

Contacts

3 public details availableLog in to view

Signals

ProfitablePositive cashflowPositive EBITDAHigh revenue

View the BCE/KBO Public Search record →

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✦ Verdict · Analyst summary

Financials

Trend over 14 financial years

	2025		2024		2023		2022		2021		2019		2018		2017		2015		2014		2013		2012		2011		2010
Income statement
Revenue	80,6 M €	+22.2%	66 M €	+15.9%	56,9 M €	+3.1%	55,2 M €	+3.3%	53,4 M €	+33.7%	40 M €	+20.1%	33,3 M €	+41.6%	23,5 M €	+14.5%	20,5 M €	+6.9%	19,2 M €	+23.1%	15,6 M €	+15.7%	13,5 M €	+36.6%	9,9 M €	+235%	2,9 M €
EBITDA	4,2 M €	+31.0%	3,2 M €	+4.2%	3,1 M €	+13.0%	2,7 M €	+19.6%	2,3 M €	+456%	-636,4 k €	-303%	313,3 k €	-73.2%	1,2 M €	-2.3%	1,2 M €	+7.0%	1,1 M €	+101%	557,3 k €	-31.0%	807,2 k €	+311%	-381,7 k €	+22.7%	-494,1 k €
Operating result	3,9 M €	+36.3%	2,9 M €	+5.5%	2,7 M €	+20.7%	2,3 M €	+11.4%	2 M €	+277%	-1,2 M €	-3301%	36 k €	-96.2%	960,2 k €	-7.7%	1 M €	+9.2%	952,9 k €	+106%	462,6 k €	-36.3%	726,3 k €	+249%	-486,8 k €	+4.8%	-511,1 k €
Net result	2,9 M €	+36.5%	2,1 M €	+0.6%	2,1 M €	+20.5%	1,7 M €	+11.3%	1,6 M €	+229%	-1,2 M €	-1903%	-60,4 k €	-110%	581,5 k €	-40.4%	975,1 k €	+286%	252,9 k €	-2.7%	260 k €	-55.4%	582,8 k €	+218%	-494,6 k €	+4.7%	-518,8 k €
Balance sheet
Equity	2,1 M €	-2.8%	2,1 M €	+7.8%	2 M €	+8.2%	1,8 M €	+1929%	90,3 k €	-74.8%	358,4 k €	-77.1%	1,6 M €	-3.7%	1,6 M €	+4.4%	1,6 M €	-1.4%	1,6 M €	+19.0%	1,3 M €	+24.3%	1,1 M €	+120%	486,5 k €	+110%	231,2 k €
Total assets	32,4 M €	+79.7%	18 M €	-2.9%	18,6 M €	+22.6%	15,2 M €	-14.8%	17,8 M €	-11.0%	20 M €	+3.0%	19,4 M €	+135%	8,3 M €	-12.7%	9,5 M €	+35.1%	7 M €	+12.3%	6,2 M €	+30.0%	4,8 M €	+17.6%	4,1 M €	+48.4%	2,7 M €
Cash	2,9 k €	-99.4%	479,9 k €	+4468%	10,5 k €	+0.7%	10,4 k €	-98.5%	701,4 k €	+135%	298,2 k €	+624%	41,2 k €	-95.5%	916,9 k €	-65.4%	2,7 M €	+180%	946,9 k €	-13.5%	1,1 M €	+64727%	1,7 k €	-99.8%	707,7 k €		–
Debts	30,3 M €	+90.2%	15,9 M €	-4.2%	16,6 M €	+24.8%	13,3 M €	-24.7%	17,7 M €	-8.6%	19,3 M €	+10.6%	17,5 M €	+174%	6,4 M €	-18.4%	7,8 M €	+81.9%	4,3 M €	-7.4%	4,6 M €	+37.1%	3,4 M €	+2.3%	3,3 M €	+31.2%	2,5 M €
Other
Workforce	47,1 ETP	+22.7%	38,4 ETP	+12.3%	34,2 ETP	-6.3%	36,5 ETP	-21.7%	46,6 ETP	-15.7%	55,3 ETP	+12.4%	49,2 ETP	+8.4%	45,4 ETP	+17.3%	38,7 ETP	+10.3%	35,1 ETP	+1.4%	34,6 ETP	+3.9%	33,3 ETP	+8.8%	30,6 ETP	+82.1%	16,8 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 34 ended

Active mandates

Rodrigo Lorca

Director · since 01 janvier 2024 · until 23 avril 2026

Active

Stéphane Piret

Director · since 07 avril 2020 · until 23 avril 2026

Active

Ended mandates

Lucas Smink

Director · since 23 mai 2022 · until 19 avril 2023

Ended

Lukas Smink

Director · since 23 mai 2022 · until 23 avril 2026

Ended

Ralph Blom

Director · since 23 mai 2022 · until 01 janvier 2024

Ended

Ralph Blom

Director · since 23 mai 2022 · until 23 avril 2026

Ended

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Annual accounts

Full financial information

	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	28/04/2026	02/06/2025	14/06/2024	29/06/2023	20/05/2022	26/05/2021
General meeting	23/04/2026	24/04/2025	25/04/2024	27/04/2023	28/04/2022	22/04/2021
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

Ratios

Financial ratios

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Filings

Annual accounts filings

16 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	23/04/2026	28/04/2026	Dutch	PDF
Full model	31/12/2024	24/04/2025	02/06/2025	Dutch	PDF
Full model	31/12/2023	25/04/2024	14/06/2024	Dutch	PDF
Full model	31/12/2022	27/04/2023	29/06/2023	Dutch	PDF
Full model	31/12/2021	28/04/2022	20/05/2022	Dutch	PDF
Full model	31/12/2020	22/04/2021	26/05/2021	Dutch	PDF
Full model	31/12/2019	07/04/2020	13/07/2020	Dutch	PDF
Full model	31/12/2018	02/04/2019	22/05/2019	Dutch	PDF
Full model	31/12/2017	10/04/2018	29/06/2018	Dutch	PDF
Full model	31/12/2016	12/04/2017	26/07/2017	Dutch	PDF
Full model	31/12/2015	05/04/2016	18/04/2016	French	PDF
Full model	31/12/2014	22/04/2015	15/06/2015	French	PDF
Full model	31/12/2013	01/04/2014	07/07/2014	Dutch	PDF
Full model	31/12/2012	02/04/2013	04/06/2013	French	PDF
Full model	31/12/2011	03/04/2012	14/05/2012	French	PDF
Full model	31/12/2010	05/04/2011	06/06/2011	French	PDF

Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 34 ended

Active mandates

Rodrigo Lorca

Director · since 01 janvier 2024 · until 23 avril 2026

Active

Stéphane Piret

Director · since 07 avril 2020 · until 23 avril 2026

Active

Ended mandates

Lucas Smink

Director · since 23 mai 2022 · until 19 avril 2023

Ended

Lukas Smink

Director · since 23 mai 2022 · until 23 avril 2026

Ended

Ralph Blom

Director · since 23 mai 2022 · until 01 janvier 2024

Ended

Ralph Blom

Director · since 23 mai 2022 · until 23 avril 2026

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Other09/09/2026
DIVERSEN
PDF
Mandates23/07/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/05/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates10/03/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates19/09/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates13/05/2025
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates02/02/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates01/06/2023
ONTSLAGEN - BENOEMINGEN
PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

2025
Annual accounts 20252,9 M €↑
2024
Annual accounts 20242,1 M €↑
2023
Annual accounts 20232,1 M €↑
2022
Annual accounts 20221,7 M €↑
2021
Annual accounts 20211,6 M €↑
2019
Annual accounts 2019-1,2 M €↓
2018
Annual accounts 2018-60,4 k €↓
2017
Annual accounts 2017581,5 k €↓
2015
Annual accounts 2015975,1 k €↑
2014
Annual accounts 2014252,9 k €↓
2013
Annual accounts 2013260 k €↓
2012
Annual accounts 2012582,8 k €↑
2011
Annual accounts 2011-494,6 k €↑
2010
Annual accounts 2010-518,8 k €
15/06/2010
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

CHIESI

Overview

What does CHIESI do?

Trend over 14 financial years

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