ACTIVE

CAIR BELGIUM

Financial year 2025 · Closed on 31/12/2025

Net result1,9 k €+30,5 %over 1 year
Gross margin520,3 k €+2,1 %over 1 year
Equity148,3 k €+1,3 %over 1 year
Workforce2,3 ETP+15,0 %over 1 year

Identity

Source · BCE/KBO

CAIR BELGIUM is a Private limited company incorporated in 2004. Its main activity is: Wholesale of pharmaceutical goods. Its registered office is in Liège. It employs on average 2,3 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0870.712.778
Incorporation
21/12/2004
Legal form
Private limited company
Registered office
Esplanade Simone VEIL 1
4000 Liège · WallonieSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Average workforce
2,3 ETP
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 22 filings

Trend over 17 financial years

20252024202320222021
Income statement
Gross margin520,3 k €509,3 k €460,8 k €266,8 k €239,9 k €
EBITDA6,8 k €7 k €52,5 k €68,3 k €53 k €
Operating result6,7 k €7 k €52,5 k €68,3 k €53 k €
Net result1,9 k €1,4 k €35,7 k €47,6 k €35,6 k €
Balance sheet
Equity148,3 k €146,5 k €145,1 k €109,3 k €61,8 k €
Total assets900 k €1,1 M €1 M €966,4 k €1 M €
Cash97,9 k €59,4 k €75,1 k €81,1 k €107,5 k €
Debts727,7 k €949,9 k €854,2 k €838,7 k €932,5 k €
Other
Workforce2,3 ETP2,0 ETP2,0 ETP2,0 ETP2,3 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 8 ended

Active mandates

Cair L.G.L VZW Beroep

Director · since 04 décembre 2024 · 0701.962.274

Represented by Georges Lopez

Active

Ended mandates

Cair L.G.L VZW Beroep VZW Beroep

Director · since 04 décembre 2024 · 0701.962.274

Represented by Georges-Antoine LOPEZ

Ended
CAIR LGL SA

Director · since 15 mars 2018

Represented by Georges Antoine LOPEZ

Ended
CAIR LGL SA

Manager · since 15 mars 2018

Represented by Georges Antoine LOPEZ

Ended
Christine Lopez

Manager · since 01 mars 2010 · until 12 mars 2018

Ended

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Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged 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 date30/06/202609/07/202518/07/202429/11/202304/08/202205/07/2021
General meeting15/06/202616/06/202520/06/202419/06/202320/06/202221/06/2021
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, 22 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202515/06/202630/06/2026FrenchPDF
Abridged model31/12/202416/06/202509/07/2025FrenchPDF
Abridged model31/12/202320/06/202418/07/2024FrenchPDF
Abridged model31/12/202219/06/202329/11/2023FrenchPDF
Abridged model31/12/202120/06/202204/08/2022FrenchPDF
Abridged model31/12/202021/06/202105/07/2021FrenchPDF
Abridged model31/12/201915/06/202009/07/2020FrenchPDF
Abridged model31/12/201817/06/201927/06/2019FrenchPDF
Abridged model31/12/201715/06/201813/08/2018FrenchPDF
Abridged model31/12/201620/06/201704/08/2017FrenchPDF
Full model31/12/201520/06/201611/07/2016FrenchPDF
Full modelCorrection31/12/201416/06/201503/11/2015FrenchPDF
Full model31/12/201416/06/201531/08/2015FrenchPDF
Full model31/12/201320/06/201408/07/2014FrenchPDF
Full model31/12/201217/06/201325/07/2013FrenchPDF
Full model31/12/201118/06/201216/07/2012FrenchPDF
Full model31/12/201020/06/201105/07/2011FrenchPDF
Full modelCorrection31/12/200921/06/201014/09/2010FrenchPDF
Full model31/12/200921/06/201005/08/2010FrenchPDF
Abridged model31/12/200815/06/200931/08/2009FrenchPDF
Abridged model31/12/200716/06/200825/07/2008FrenchPDF
Abridged model31/12/200618/06/200730/08/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 k€

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

1 active · 8 ended

Active mandates

Cair L.G.L VZW Beroep

Director · since 04 décembre 2024 · 0701.962.274

Represented by Georges Lopez

Active

Ended mandates

Cair L.G.L VZW Beroep VZW Beroep

Director · since 04 décembre 2024 · 0701.962.274

Represented by Georges-Antoine LOPEZ

Ended
CAIR LGL SA

Director · since 15 mars 2018

Represented by Georges Antoine LOPEZ

Ended
CAIR LGL SA

Manager · since 15 mars 2018

Represented by Georges Antoine LOPEZ

Ended
Christine Lopez

Manager · since 01 mars 2010 · until 12 mars 2018

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Registered office21/01/2026
    SIEGE SOCIAL
    PDF
  • Mandates20/11/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates12/12/2024
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates12/08/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Registered office17/01/2022
    SIEGE SOCIAL
    PDF
  • Mandates30/07/2019
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates11/09/2018
    DEMISSIONS, NOMINATIONS
    PDF
  • Registered office09/02/2017
    SIEGE SOCIAL
    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 20251,9 k €↑
  2. 2024
    Annual accounts 20241,4 k €↓
  3. 2023
    Annual accounts 202335,7 k €↓
  4. 2022
    Annual accounts 202247,6 k €↑
  5. 2021
    Annual accounts 202135,6 k €↑
  6. 2020
    Annual accounts 20201 k €↓
  7. 2019
    Annual accounts 20198,5 k €↑
  8. 2018
    Annual accounts 2018742,3 €↑
  9. 2017
    Annual accounts 2017628,3 €↓
  10. 2016
    Annual accounts 20163,1 k €↑
  11. 2014
    Annual accounts 2014-758 €↓
  12. 2013
    Annual accounts 20136,1 k €↑
  13. 2011
    Annual accounts 2011-9,5 k €↓
  14. 2009
    Annual accounts 2009124,8 k €↑
  15. 2008
    Annual accounts 2008-138,2 k €↓
  16. 2007
    Annual accounts 2007152,3 k €↑
  17. 2006
    Annual accounts 2006-141 k €
  18. 21/12/2004
    IncorporationPrivate limited company