ACTIVE

BAXTER BELGIUM

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Financial year 2025 · Closed on 31/12/2025

Net result1,9 M €-32,7 %over 1 year
Revenue14,3 M €-4,5 %over 1 year
Equity2,8 M €-83,7 %over 1 year
Workforce32,1 ETP-22,1 %over 1 year

Identity

Source · BCE/KBO

BAXTER BELGIUM is a Private limited company incorporated in 2003. Its main activity is: Wholesale of pharmaceutical goods. Its registered office is in Lessines. It employs on average 32,1 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0861.155.805
Incorporation
20/10/2003
Legal form
Private limited company
Registered office
Boulevard René Branquart(L) 80
7860 Lessines · WallonieSee on map
Contributed capital
56 108,00 €
Latest accounts
31/12/2025
Average workforce
32,1 ETP
Joint committees (2)
  • 200
  • 218
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 20 filings

Trend over 18 financial years

20252024202320222021
Income statement
Revenue14,3 M €15 M €27,7 M €23,3 M €22,9 M €
EBITDA2 M €1,7 M €5,4 M €3,9 M €3,3 M €
Operating result2 M €3,1 M €2,9 M €2,7 M €2 M €
Net result1,9 M €2,8 M €2,7 M €2 M €1,5 M €
Balance sheet
Equity2,8 M €16,9 M €16,3 M €13,6 M €11,6 M €
Total assets30,1 M €27,5 M €31,3 M €30,3 M €29,1 M €
Debts27,4 M €10,6 M €13,4 M €16,6 M €17 M €
Other
Workforce32,1 ETP41,2 ETP60,3 ETP65,3 ETP64,3 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

4 active · 23 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Annelies Bryon
Managing directorsince 15/07/2023
Brecht Gheskiere
Director15/07/2023 → 06/03/2026
Guy In't Ven
Directorsince 15/07/2023
Serge Vandermotten
Directorsince 15/07/2023

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Vanessa Counaert
Director01/05/2020 → 30/06/2023
Dimitri Pas
Director04/02/2019 → 15/08/2022

Other companies at this address

Boulevard René Branquart(L) 80 7860 Lessines
CompanyCBE no.
BAXALTA BELGIUM MANUFACTURING● Active
0563.700.454
BAXTER● Active
0403.093.693
Baxter Formation et Entraide-Ouvriers● Active
0462.222.222
BAXTER GROUPE UNITE TVA● Active
0840.298.132
Baxter Pension Fund Belgium● Active
0428.690.312
Baxter R and D Europe● Active
0419.859.253
BAXTER SERVICES EUROPE● Active
0444.648.295
Baxter World Trade● Active
0426.694.684
Inform'L● Active
0656.649.319

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 date08/07/202610/07/202509/07/202410/07/202314/07/202231/08/2021
General meeting29/06/202630/06/202524/06/202426/06/202327/06/202230/08/2021
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, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202529/06/202608/07/2026FrenchPDF
Full model31/12/202430/06/202510/07/2025FrenchPDF
Full model31/12/202324/06/202409/07/2024FrenchPDF
Full model31/12/202226/06/202310/07/2023FrenchPDF
Full model31/12/202127/06/202214/07/2022FrenchPDF
Full model31/12/202030/08/202131/08/2021FrenchPDF
Full model31/12/201924/09/202021/10/2020FrenchPDF
Full model31/12/201818/06/201902/07/2019FrenchPDF
Full model31/12/201719/06/201827/07/2018FrenchPDF
Full model31/12/201621/06/201722/06/2017FrenchPDF
Full model31/12/201521/06/201605/07/2016FrenchPDF
Full model31/12/201416/06/201503/08/2015FrenchPDF
Full model31/12/201317/06/201429/07/2014FrenchPDF
Full model31/12/201218/06/201328/08/2013FrenchPDF
Full model31/12/201119/06/201203/07/2012FrenchPDF
Full model31/12/201021/06/201114/07/2011FrenchPDF
Full model31/12/200915/06/201006/07/2010FrenchPDF
Full model31/12/200816/06/200909/07/2009FrenchPDF
Full model31/12/200717/06/200809/07/2008FrenchPDF
Full model31/12/200619/06/200705/07/2007FrenchPDF

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

4 active · 23 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Annelies Bryon
Managing directorsince 15/07/2023
Brecht Gheskiere
Director15/07/2023 → 06/03/2026
Guy In't Ven
Directorsince 15/07/2023
Serge Vandermotten
Directorsince 15/07/2023

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Vanessa Counaert
Director01/05/2020 → 30/06/2023
Dimitri Pas
Director04/02/2019 → 15/08/2022

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates17/06/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates29/07/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates08/07/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Capital / shares17/05/2024
    DIVERS - CAPITAL, ACTIONS
    PDF
  • Restructuring20/03/2024
    RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
    PDF
  • Mandates28/07/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates06/06/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates16/09/2022
    DEMISSIONS, NOMINATIONS
    PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings18 filings
Mandates
Guy In't Ven
Annelies Bryon
Brecht Gheskiere
Serge Vandermotten
Vanessa Counaert
Lucille Levi
Dimitri Pas
Marc Bleiman
Filip Luypaert
Bhevan Chandrasena
Anne Charlier
Anne-Marie Liegeois
200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026
BAXTER BELGIUM
Boulevard René Branquart(L) 80, 7860 Lessines
Director
Managing director
Director
Director
Director
Director
Director
Director
DirectorManager
DirectorManager
DirectorManager
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Boulevard René Branquart(L) 80, 7860 LessinesCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00266421

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
BAXTER BELGIUMCurrent
accounts 2008 → 2025
Accounts 2025 · 2026-00266421

Events

  1. 2025
    Annual accounts 20251,9 M €↓
  2. 2024
    Annual accounts 20242,8 M €↑
  3. 2023
    Annual accounts 20232,7 M €↑
  4. 2022
    Annual accounts 20222 M €↑
  5. 2021
    Annual accounts 20211,5 M €↑
  6. 2020
    Annual accounts 20201 M €↓
  7. 2019
    Annual accounts 20191,3 M €↓
  8. 2018
    Annual accounts 20181,3 M €↓
  9. 2017
    Annual accounts 20171,4 M €↓
  10. 2016
    Annual accounts 20161,6 M €↑
  11. 2015
    Annual accounts 20151,3 M €↓
  12. 2014
    Annual accounts 20141,5 M €↑
  13. 2013
    Annual accounts 20131,2 M €↑
  14. 2012
    Annual accounts 2012501,2 k €↓
  15. 2011
    Annual accounts 20111 M €↓
  16. 2010
    Annual accounts 20102,3 M €↑
  17. 2009
    Annual accounts 20091,9 M €↓
  18. 2008
    Annual accounts 20082,4 M €
  19. 20/10/2003
    IncorporationPrivate limited company