BAXTER
ActiveBAXTER has been active since 1968 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €83.81M and a net result of €6.15M. Equity is growing by ~10.2% per year across the filed fiscal years. Its solvency ranks better than 58% of 64 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
78
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability75▼-7
Solvency77▲+2
Growth51▼-17
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2M at 30 days acceptable
Liquidity tight (current ratio 1.44 against 2.84 in 2024; short-term debt: 38.7% of total assets), and 47.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Nine signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
52.4%
Return on assets
3.8%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 21
Relative position
BE, all sectors
reference
Sector 21
higher
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-07-2026, 23 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
23 d early
2024
22 d early
2023
22 d early
2022
21 d early
2021
19 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, consolidated, statutory
Turnover
€106.55M▲ 2.2%
2024 · €104.21M
2018: €79.84M
2019: €83.10M
2020: €92.62M
2021: €99.85M
2022: €101.97M
2023: €106.33M
2024: €104.21M
2018 → 2025
EBIT margin
7.7%▼ 0.2pp
2024 · 7.9%
2018: 7.4%
2019: 11.5%
2020: 6.8%
2021: 7.2%
2022: 10.3%
2023: 8.1%
2024: 7.9%
2018 → 2025
Net result
€6.15M▼ 64.0%
2024 · €17.09M
2018: €10.77M
2019: €6.43M
2020: €4.64M
2021: €4.79M
2022: €12.45M
2023: €6.49M
2024: €17.09M
2018 → 2025
Working capital
€26.95M▼ 51.2%
2024 · €55.17M
2018: €-18.82M
2019: €-11.11M
2020: €-7.81M
2021: €27.49M
2022: €39.64M
2023: €47.61M
2024: €55.17M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€99.85M-€101.97M▲ 2.1%€106.33M▲ 4.3%€104.21M▼ 2.0%€106.55M▲ 2.2%
Equity€54.92M-€66.96M▲ 21.9%€73.13M▲ 9.2%€77.93M▲ 6.6%€83.81M▲ 7.6%
Operating result€7.19M-€10.54M▲ 46.6%€8.61M▼ 18.3%€8.23M▼ 4.5%€8.23M▼ 0.1%
Net result€4.79M-€12.45M▲ 160%€6.49M▼ 47.9%€17.09M▲ 163%€6.15M▼ 64.0%
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 0% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €159.99M
Fixed assets
€71.14M▲ 2.1%
Current assets
€88.85M▲ 4.4%
Equity and liabilities €159.99M
Equity
€83.81M▲ 7.6%
Provisions
€962k▼ 28.2%
Debt
€75.22M▼ 0.4%
The debt ratio falls from 48.8% to 47.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€15.05M▼
2024 · €15.48M
Cash flow
€12.97M▼
2024 · €24.34M
Solvency
52.4%▲
2024 · 50.3%
Current ratio
1.44▼
2024 · 2.84
Quick ratio
1.28▼
2024 · 2.54
Debt / equity
0.90▼
2024 · 0.97
ROE
7.3%▼
2024 · 21.9%
ROA
3.8%▼
2024 · 11.0%
Interest coverage
8.70▲
2024 · 7.12
Debt
€75.22M▼
2024 · €75.52M
Debt ≤ 1 year
€61.90M▲
2024 · €29.93M
Debt > 1 year
€13.31M▼
2024 · €45.59M
Income taxes
€1.20M▲
2024 · €652k
Staff costs
€71.00M▲
2024 · €69.63M
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€154.79M€159.99M▲
Fixed assets21/28€69.68M€71.14M▲
Intangible fixed assets21€1.07M€781k▼
Tangible fixed assets22/27€47.78M€49.53M▲
Land and buildings22€9.73M€9.74M=
Plant, machinery and equipment23€18.10M€17.48M▼
Furniture and vehicles24€211k€148k▼
Leasing and similar rights25€15.20M€14.69M▼
Assets under construction and advance payments27€4.54M€7.48M▲
Financial fixed assets28€20.83M€20.83M=
Affiliated companies280/1€20.83M€20.83M=
Participating interests280€20.83M€20.83M=
Current assets29/58€85.11M€88.85M▲
Stocks and contracts in progress3€9.22M€9.88M▲
Stocks30/36€9.22M€9.88M▲
Raw materials and consumables30/31€9.22M€9.88M▲
Finished goods33€0€0=
Amounts receivable within one year40/41€40.98M€38.81M▼
Trade receivables40€37.94M€36.36M▼
Other amounts receivable41€3.04M€2.46M▼
Current investments50/53€34.71M€40.04M▲
Other investments51/53€34.71M€40.04M▲
Deferred charges and accrued income490/1€206k€127k▼
Equity and liabilities
Total equity and liabilities10/49€154.79M€159.99M▲
Equity10/15€77.93M€83.81M▲
Contributions10/11€7.12M€7.12M=
Capital10€7.12M€7.12M=
Issued capital100€7.12M€7.12M=
Reserves13€2.21M€2.21M=
Non-distributable reserves130/1€732k€732k=
Legal reserve130€712k€712k=
Other1319€20k€20k=
Tax-exempt reserves132€1.48M€1.48M=
Profit (loss) carried forward14€67.85M€74.01M▲
Investment grants15€741k€473k▼
Provisions and deferred taxes16€1.34M€962k▼
Provisions for liabilities and charges160/5€1.33M€949k▼
Other liabilities and charges164/5€1.33M€949k▼
Deferred taxes168€14k€13k▼
Amounts payable17/49€75.52M€75.22M▼
Amounts payable after more than one year17€45.59M€13.31M▼
Financial debts170/4€45.59M€13.31M▼
Leasing and similar obligations172€14.36M€13.31M▼
Other loans174€31.23M€0▼
Amounts payable within one year42/48€29.93M€61.90M▲
Current portion of amounts payable after more than one year42€2.81M€2.78M▼
Financial debts43€0€31.21M▲
Credit institutions430/8€0€0=
Other loans439€0€31.21M▲
Trade debts44€16.92M€17.76M▲
Suppliers440/4€16.92M€17.76M▲
Taxes, remuneration and social security45€10.20M€10.15M▼
Taxes450/3€444k€0▼
Remuneration and social security454/9€9.76M€10.15M▲
Accrued charges and deferred income492/3€12€87▲
Income statement
Code20242025
Operating income70/76A€117.73M€119.99M▲
Turnover70€104.21M€106.55M▲
Own construction capitalised72€858k€1.12M▲
Other operating income74€12.66M€12.32M▼
Operating charges60/66A€109.49M€111.77M▲
Goods for resale, raw materials and consumables60€1.87M€1.52M▼
Purchases600/8€3.32M€2.18M▼
Change in stocks: decrease (increase)609€-1.45M€-660k▲
Services and other goods61€27.04M€28.44M▲
Remuneration, social security and pensions62€69.63M€71.00M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7.25M€6.82M▼
Provisions for liabilities and charges: additions (uses and reversals)635/8€-194k€-376k▼
Other operating charges640/8€3.91M€4.35M▲
Non-recurring operating charges66A€0€11k▲
Operating profit (loss)9901€8.23M€8.23M▼
Financial income75/76B€11.92M€996k▼
Recurring financial income75€1.56M€996k▼
Income from current assets751€1.09M€519k▼
Other financial income752/9€465k€477k▲
Non-recurring financial income76B€10.37M€0▼
Financial charges65/66B€2.41M€1.87M▼
Recurring financial charges65€2.41M€1.87M▼
Debt charges650€2.17M€1.73M▼
Other financial charges652/9€238k€142k▼
Profit (loss) for the period before taxes9903€17.74M€7.35M▼
Transfer from deferred taxes780€2k€1k▼
Income taxes67/77€652k€1.20M▲
Taxes670/3€652k€1.20M▲
Profit (loss) for the period9904€17.09M€6.15M▼
Profit (loss) for the period to be appropriated9905€17.09M€6.15M▼
Appropriation of the result
Profit (loss) to be appropriated9906€79.86M€74.01M▼
Profit (loss) brought forward from the previous period14P€62.77M€67.85M▲
Profit to be distributed694/7€12.01M€0▼
Return on contributions (dividend)694€12.01M€0▼
Social balance
Average headcount (FTE)9087900.4901.3▲
The notes to these accounts (96 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
08-07
NBB filing
Annual accounts filed
fiscal year 2025 · consolidated
08-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
29-07
State Gazette act
Resignations & appointmentsGeneral meeting · Auditor reappointment · Permanent representative4 facts ▸
State Gazette act
Resignations & appointments
General meeting · Auditor reappointment · Permanent representative4 facts ▸
- General meeting, 2025-06-30
- Auditor reappointment, 3 ans, à l'issue de l'AG statuant sur les comptes de l'exercice clôturé le 31/12/2027
- Permanent representative, Romain Seffer
- Auditor representative, Romain Seffer SRL
10-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
09-07
NBB filing
Annual accounts filed
fiscal year 2024 · consolidated
22-05
State Gazette act
Resignations & appointmentsGeneral meeting · Director resignation · Director appointment9 facts ▸
State Gazette act
Resignations & appointments
General meeting · Director resignation · Director appointment9 facts ▸
- General meeting, 2025-03-28
- Director resignation, Lionel Rosoux (administrateur et administrateur délégué)
- Director appointment, Abdellah El Kacem (administrateur)
- Board composition, administrateur, 2025-03-28
- Board composition, administrateur, 2025-03-28
- Board composition, administrateur, 2025-03-28
- Board composition, administrateur, 2025-03-28
- Board composition, administrateur délégué, 2025-03-28
- Mandate compensation, BAXTER
2024
31-12
Financial
Highest result since 2018net €17.09M ▲163%
Net result €17.09M, the highest in the series.
09-07
NBB filing
Annual accounts filed
fiscal year 2023 · consolidated
09-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
08-07
State Gazette act
Resignations & appointmentsGeneral meeting · Director resignation · Board composition8 facts ▸
State Gazette act
Resignations & appointments
General meeting · Director resignation · Board composition8 facts ▸
- General meeting, 2024-05-24
- Director resignation, Herman Jacobs (administrateur)
- Board composition, administrateur, 2024-05-31
- Board composition, administrateur, 2024-05-31
- Board composition, administrateur, 2024-05-31
- Board composition, administrateur délégué, 2024-05-31
- Board composition, administrateur délégué, 2024-05-31
- Mandate compensation, BAXTER
30-04
State Gazette act
Resignations & appointmentsGeneral meeting · Director resignation · Director appointment13 facts ▸
State Gazette act
Resignations & appointments
General meeting · Director resignation · Director appointment13 facts ▸
- General meeting, 2024-03-01
- Director resignation, Adriano MARQUES ANTUNES (administrateur)
- Director appointment, Lionel ROSOUX (administrateur)
- Board composition, administrateur, 2024-03-01
- Board composition, administrateur, 2024-03-01
- Board composition, administrateur, 2024-03-01
- Board composition, administrateur, 2024-03-01
- Board composition, administrateur délégué, 2024-03-01
- Board composition, administrateur délégué, 2024-03-01
- Mandate compensation, BAXTER
- Board meeting, 2024-03-01
- Director resignation, Adriano MARQUES ANTUNES (administrateur délégué)
- +1 further facts in this act
20-03
State Gazette act
Capital & sharesStatutes amendment1 fact ▸
State Gazette act
Capital & shares
Statutes amendment1 fact ▸
- Statutes amendment
2023
28-07
State Gazette act
Resignations & appointmentsBoard meeting · Director appointment3 facts ▸
State Gazette act
Resignations & appointments
Board meeting · Director appointment3 facts ▸
- Board meeting, 2023-07-05
- Director appointment, Adriano Marques Antunes (administrateur-délégué)
- Director appointment, Annelies Bryon (administrateur-délégué)
28-07
State Gazette act
Resignations & appointmentsGeneral meeting · Director resignation · Director appointment12 facts ▸
State Gazette act
Resignations & appointments
General meeting · Director resignation · Director appointment12 facts ▸
- General meeting, 2023-06-26
- Director resignation, Jacques Delbecq (administrateur)
- Director appointment, Annelies Bryon (administrateur)
- Director appointment, Guy In 't Ven (administrateur)
- Director appointment, Serge Vandermotten (administrateur)
- Mandate compensation, BAXTER
- Board composition, administrateur, 2023-07
- Board composition, administrateur, 2023-07
- Board composition, administrateur, 2023-07
- Board composition, administrateur, 2023-07
- Board composition, administrateur, 2023-07
- Board composition, administrateur, 2023-07
25-07
NBB filing
Annual accounts filed
fiscal year 2022 · consolidated
10-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
19-04
State Gazette act
Resignations & appointmentsGeneral meeting · Director reappointment · Board composition8 facts ▸
State Gazette act
Resignations & appointments
General meeting · Director reappointment · Board composition8 facts ▸
- General meeting, 2023-03-15
- General meeting, 2020-09-24
- Director reappointment, Herman Jacobs (administrateur)
- Board composition, administrateur, 2023-03-15
- Board composition, administrateur, 2023-03-15
- Board composition, administrateur, 2023-03-15
- Board composition, administrateur, 2023-03-15
- Mandate compensation, BAXTER
2022
16-09
State Gazette act
Resignations & appointmentsGeneral meeting · Auditor reappointment · Permanent representative4 facts ▸
State Gazette act
Resignations & appointments
General meeting · Auditor reappointment · Permanent representative4 facts ▸
- General meeting, 2022-06-27
- Auditor reappointment, commissaire
- Permanent representative, Romain Seffer
- Mandate term, à l'issue de l'assemblée générale des actionnaires appelée à statuer sur les comptes annuels de l'exercice social qui sera clôturé le 31 décembre 2024
14-07
NBB filing
Annual accounts filed
fiscal year 2021 · consolidated
12-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
25-01
State Gazette act
Resignations & appointmentsGeneral meeting · Director resignation · Board composition7 facts ▸
State Gazette act
Resignations & appointments
General meeting · Director resignation · Board composition7 facts ▸
- General meeting, 2022-01-06
- Director resignation, Bhevan Chandrasena (administrateur)
- Board composition, administrateur, 2022-01-31
- Board composition, administrateur, 2022-01-31
- Board composition, administrateur, 2022-01-31
- Board composition, administrateur, 2022-01-31
- Mandate compensation, BAXTER
2021
31-12
Financial
Liquidity doublescurrent ratio 1.96
Current ratio from 0.88 to 1.96; short-term debt falls from €66.89M to €28.76M.
22-12
State Gazette act
Resignations & appointmentsGeneral meeting · Director appointment · Board composition8 facts ▸
State Gazette act
Resignations & appointments
General meeting · Director appointment · Board composition8 facts ▸
- General meeting, 2021-12-02
- Director appointment, Adriano Marques Antunes (administrateur)
- Board composition, administrateur, 2022-01-01
- Board composition, administrateur, 2022-01-01
- Board composition, administrateur, 2022-01-01
- Board composition, administrateur, 2022-01-01
- Board composition, administrateur, 2022-01-01
- Mandate compensation, BAXTER
24-08
State Gazette act
Statutes amendmentGeneral meeting · Statutes amendment · Capital4 facts ▸
State Gazette act
Statutes amendment
General meeting · Statutes amendment · Capital4 facts ▸
- General meeting, 2021-06-15
- Statutes amendment
- Capital, €7.122.417
- Corporate purpose, La société a pour objet de faire, pour son compte ou pour compte de tiers, la fabrication, la préparation, le conditionnement, le commerce et l'exploitation de…
12-05
State Gazette act
Resignations & appointmentsGeneral meeting · Director resignation · Director appointment9 facts ▸
State Gazette act
Resignations & appointments
General meeting · Director resignation · Director appointment9 facts ▸
- General meeting, 2021-03-15
- Director resignation, Giuseppe Spatola (administrateur)
- Director appointment, Frédéric Yannart (administrateur)
- Director appointment, Jacques Delbecq (administrateur)
- Board composition, administrateur, 2021-01-01
- Board composition, administrateur, 2021-01-01
- Board composition, administrateur, 2021-01-01
- Board composition, administrateur, 2021-01-01
- Mandate compensation, BAXTER
03-02
State Gazette act
Resignations & appointmentsGeneral meeting · Permanent representative2 facts ▸
State Gazette act
Resignations & appointments
General meeting · Permanent representative2 facts ▸
- General meeting, 2020-12-10
- Permanent representative, Romain Seffer
2020
31-12
Financial
Weakest financial yearnet €4.64M ▼27.9%
Net result drops to €4.64M, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €50MEq €50.48M ▲8.9%
3 profitable years in a row build equity to €50.48M.
16-01
State Gazette act
Resignations & appointmentsGeneral meeting · Director resignation · Board composition6 facts ▸
State Gazette act
Resignations & appointments
General meeting · Director resignation · Board composition6 facts ▸
- General meeting, 2019-10-29
- Director resignation, Andrea Borrell Vila (administrateur)
- Board composition, administrateur, 2019-10-30
- Board composition, administrateur, 2019-10-30
- Board composition, administrateur, 2019-10-30
- Mandate compensation, BAXTER
2019
04-11
State Gazette act
Resignations & appointmentsGeneral meeting · Director appointment · Board composition8 facts ▸
State Gazette act
Resignations & appointments
General meeting · Director appointment · Board composition8 facts ▸
- General meeting, 2019-06-24
- Director appointment, Giuseppe Spatola (administrateur)
- Board composition, administrateur, 2019-07-01
- Board composition, administrateur, 2019-07-01
- Board composition, administrateur, 2019-07-01
- Board composition, administrateur, 2019-07-01
- Mandate compensation, BAXTER
- Auditor reappointment, trois ans, soit jusqu'à l'assemblée générale qui délibèrera sur les comptes clôturés au 31 décembre 2021
06-06
State Gazette act
Statutes amendmentGeneral meeting · Statutes amendment2 facts ▸
State Gazette act
Statutes amendment
General meeting · Statutes amendment2 facts ▸
- General meeting, 2019-05-23
- Statutes amendment
2018
25-07
State Gazette act
Resignations & appointmentsGeneral meeting · Director resignation · Board composition7 facts ▸
State Gazette act
Resignations & appointments
General meeting · Director resignation · Board composition7 facts ▸
- General meeting, 2018-06-21
- Director resignation, Erich Kollegger (administrateur)
- Board composition, administrateur, 2018-06-21
- Board composition, administrateur, 2018-06-21
- Board composition, administrateur, 2018-06-21
- Mandate compensation, BAXTER
- Board resolution, no replacement appointed for Erich Kollegger
2017
15-12
State Gazette act
Resignations & appointmentsPermanent representative · Statutory auditor2 facts ▸
State Gazette act
Resignations & appointments
Permanent representative · Statutory auditor2 facts ▸
- Permanent representative, Alexis VAN BAVEL
- Statutory auditor, PricewaterhouseCoopers Réviseurs d'Entreprises Scerl
2016
18-08
State Gazette act
Resignations & appointmentsGeneral meeting · Auditor reappointment2 facts ▸
State Gazette act
Resignations & appointments
General meeting · Auditor reappointment2 facts ▸
- General meeting, 16-06-2016
- Auditor reappointment, 3 ans, 31-12-2018
01-06
State Gazette act
Resignations & appointmentsGeneral meeting · Director resignation · Director appointment8 facts ▸
State Gazette act
Resignations & appointments
General meeting · Director resignation · Director appointment8 facts ▸
- General meeting, 2016-03-15
- Director resignation, Philippe Lodomez (administrateur)
- Director appointment, Bhevan Chandrasena (administrateur)
- Board composition, administrateur, 2016-03-15
- Board composition, administrateur, 2016-03-15
- Board composition, administrateur, 2016-03-15
- Board composition, administrateur, 2016-03-15
- Mandate compensation, BAXTER
2015
09-07
State Gazette act
Resignations & appointmentsGeneral meeting · Director resignation · Board composition6 facts ▸
State Gazette act
Resignations & appointments
General meeting · Director resignation · Board composition6 facts ▸
- General meeting, 2015-06-04
- Director resignation, Emmanuel Felix (administrateur)
- Board composition, administrateur, 2015-06-04
- Board composition, administrateur, 2015-06-04
- Board composition, administrateur, 2015-06-04
- Board composition, administrateur, 2015-06-04
06-07
State Gazette act
Capital & shares · RestructuringGeneral meeting · Demerger · Accounting effect11 facts ▸
State Gazette act
Capital & shares · Restructuring
General meeting · Demerger · Accounting effect11 facts ▸
- General meeting, 2015-04-30
- Demerger, Activité Baxalta
- Accounting effect, 2015-01-01
- Share issue, nominatives, entièrement libérées et sans valeur nominale, 6428558
- Capital decrease, €15.614.853
- Capital, €7.122.417
- Statutes amendment
- Suspensive condition, décision concordante de scission partielle et d'augmentation de capital par l'assemblée générale extraordinaire des actionnaires de la société scindée
- No cash consideration, Aucune soulte ne sera versée.
- No share exchange, les actions existantes dans la société transférante ne seront pas échangées pour des actions dans la société scindée
- Mixed assets, les actifs mixtes ne seront pas transférés à la société scindée et demeureront au sein de la société transférante (sans préjudice aux contrats mixtes, dont la p…
12-03
State Gazette act
RestructuringDemerger · Capital increase · Capital decrease20 facts ▸
State Gazette act
Restructuring
Demerger · Capital increase · Capital decrease20 facts ▸
- Demerger, Transfert des Activités Baxalta de la Société Transférante à la Société Scindée
- Capital increase, €15.614.853
- Capital decrease, €15.614.853
- Share issue, Nouvelles Actions, 6428558
- Net-asset statement, 2014-12-31
- Accounting effect, 2015-01-01
- Corporate purpose, La société a pour objet de faire, pour son compte ou pour compte de tiers, la fabrication, la préparation, le conditionnement, le commerce et l'exploitation de…
- Corporate purpose, a. d'importer, d'exporter, d'acheter, de vendre, d'octroyer des licences, de commercialiser, de distribuer, de fabriquer, de préparer et de conditionner en son…
- Proposal date, 2015-02-27
- Expected approval date, 2015-04-30
- Shareholding, 10415, 99,9712%
- Shareholding, 6149, 99,9837%
- +8 further facts in this act
04-03
State Gazette act
Resignations & appointmentsGeneral meeting · Director reappointment · Board composition11 facts ▸
State Gazette act
Resignations & appointments
General meeting · Director reappointment · Board composition11 facts ▸
- General meeting, 2014-06-30
- Director reappointment, Andrea Borrell Vila (administrateur)
- Director reappointment, Philippe Lodomez (administrateur)
- Director reappointment, Hermann Jacobs (administrateur)
- Director reappointment, Emmanuel Félix (administrateur)
- Director reappointment, Erich Kollegger (administrateur)
- Board composition, administrateur, 2014-06-30
- Board composition, administrateur, 2014-06-30
- Board composition, administrateur, 2014-06-30
- Board composition, administrateur, 2014-06-30
- Board composition, administrateur, 2014-06-30
2014
18-03
State Gazette act
Resignations & appointmentsGeneral meeting · Director resignation · Director appointment8 facts ▸
State Gazette act
Resignations & appointments
General meeting · Director resignation · Director appointment8 facts ▸
- General meeting, 2014-01-15
- Director resignation, Achille Ghillotti (administrateur)
- Director appointment, Erich Kollegger (administrateur)
- Board composition, administrateur, 2014-01-01
- Board composition, administrateur, 2014-01-01
- Board composition, administrateur, 2014-01-01
- Board composition, administrateur, 2014-01-01
- Board composition, administrateur, 2014-01-01
2013
27-08
State Gazette act
Resignations & appointmentsGeneral meeting · Director resignation · Director appointment10 facts ▸
State Gazette act
Resignations & appointments
General meeting · Director resignation · Director appointment10 facts ▸
- General meeting, 2013-06-20
- Director resignation, Mario Ricard (administrateur)
- Director appointment, Herman Jacobs (administrateur)
- Director appointment, Emmanuel Félix (administrateur)
- Board composition, administrateur, 2012-11-01
- Board composition, administrateur, 2012-11-01
- Board composition, administrateur, 2012-11-01
- Board composition, administrateur, 2012-11-01
- Board composition, administrateur, 2012-11-01
- Auditor reappointment, 3 ans, 2015-12-31
30-01
State Gazette act
Capital & sharesBoard meeting · Branch creation · Corporate purpose3 facts ▸
State Gazette act
Capital & shares
Board meeting · Branch creation · Corporate purpose3 facts ▸
- Board meeting, 2012-12-21
- Branch creation, Création d'une unité d'établissement
- Corporate purpose, La société a pour objet de faire, pour son compte ou pour compte de tiers, la fabrication, la préparation, le conditionnement, le commerce et l'exploitation de…
2012
04-12
State Gazette act
Resignations & appointmentsGeneral meeting · Director resignation · Director appointment10 facts ▸
State Gazette act
Resignations & appointments
General meeting · Director resignation · Director appointment10 facts ▸
- General meeting, 2012-10-01
- Director resignation, Michael Costello (administrateur)
- Director resignation, Emmanuel Foy (administrateur)
- Director appointment, Achille Ghilotti (administrateur)
- Mandate term, jusqu'à l'assemblée générale ordinaire des actionnaires à tenir en 2014 qui délibèrera sur les comptes annuels clôturés au 31 décembre 2013
- Board composition, administrateur, 2012-11-01
- Board composition, administrateur, 2012-11-01
- Board composition, administrateur, 2012-11-01
- Board composition, administrateur, 2012-11-01
- Mandate compensation, BAXTER
18-09
State Gazette act
Resignations & appointmentsGeneral meeting · Director resignation · Director appointment9 facts ▸
State Gazette act
Resignations & appointments
General meeting · Director resignation · Director appointment9 facts ▸
- General meeting, 21/06/2012
- Director resignation, Anja Verbeke (administrateur)
- Director appointment, Andrea Borrell Vila (administrateur)
- Board composition, administrateur, 01/07/2012
- Board composition, administrateur, 01/07/2012
- Board composition, administrateur, 01/07/2012
- Board composition, administrateur, 01/07/2012
- Board composition, administrateur, 01/07/2012
- Mandate compensation, BAXTER
03-01
State Gazette act
Resignations & appointmentsGeneral meeting · Permanent representative · Director resignation4 facts ▸
State Gazette act
Resignations & appointments
General meeting · Permanent representative · Director resignation4 facts ▸
- General meeting, 2011-12-09
- Permanent representative, Alexis Van Bavel
- Permanent representative, Emeric Seeuws
- Director resignation, Raynald Vermoesen (permanent_representative)
2011
17-11
State Gazette act
Resignations & appointmentsGeneral meeting · Director appointment · Board composition7 facts ▸
State Gazette act
Resignations & appointments
General meeting · Director appointment · Board composition7 facts ▸
- General meeting, 2011-10-10
- Director appointment, Michael Costello (administrateur)
- Board composition, administrateur, 2011-10-10
- Board composition, administrateur, 2011-10-10
- Board composition, administrateur, 2011-10-10
- Board composition, administrateur, 2011-10-10
- Board composition, administrateur, 2011-10-10
17-11
State Gazette act
Resignations & appointmentsBoard meeting · Director appointment · Accounting effect3 facts ▸
State Gazette act
Resignations & appointments
Board meeting · Director appointment · Accounting effect3 facts ▸
- Board meeting, 2011-10-10
- Director appointment, Michael Costello (administrateur délégué)
- Accounting effect, 2011-10-10
26-10
State Gazette act
Resignations & appointmentsGeneral meeting · Director resignation · Board composition6 facts ▸
State Gazette act
Resignations & appointments
General meeting · Director resignation · Board composition6 facts ▸
- General meeting, 2011-09-15
- Director resignation, Renaud Mazy (administrateur et administrateur délégué)
- Board composition, administrateur, 2011-09-15
- Board composition, administrateur, 2011-09-15
- Board composition, administrateur, 2011-09-15
- Board composition, administrateur, 2011-09-15
20-09
State Gazette act
Resignations & appointmentsBoard meeting · Power of attorney4 facts ▸
State Gazette act
Resignations & appointments
Board meeting · Power of attorney4 facts ▸
- Board meeting, 2011-08-01
- Power of attorney, Hendrik Deforce
- Power of attorney, Jean-Michel Heusdens
- Power of attorney, Philippe Lodomez
23-02
State Gazette act
Resignations & appointmentsGeneral meeting · Director resignation · Director appointment12 facts ▸
State Gazette act
Resignations & appointments
General meeting · Director resignation · Director appointment12 facts ▸
- General meeting, 2010-12-16
- Director resignation, Christian De Vos (administrateur)
- Director appointment, Philippe Lodomez (administrateur)
- Mandate compensation, Philippe Lodomez
- Director appointment, Mario Ricard (administrateur)
- Mandate compensation, Mario Ricard
- Board composition, administrateur, 2011-01-01
- Board composition, administrateur, 2011-01-01
- Board composition, administrateur, 2011-01-01
- Board composition, administrateur, 2011-01-01
- Board composition, administrateur, 2011-01-01
- Permanent representative, Philippe Lodomez
2010
16-11
State Gazette act
Resignations & appointmentsGeneral meeting · Director resignation · Director appointment7 facts ▸
State Gazette act
Resignations & appointments
General meeting · Director resignation · Director appointment7 facts ▸
- General meeting, 2010-10-15
- Director resignation, Mario Ricard (administrateur)
- Director appointment, Emmanuel Foy (administrateur)
- Board composition, administrateur, 2010-10-15
- Board composition, administrateur, 2010-10-15
- Board composition, administrateur, 2010-10-15
- Board composition, administrateur, 2010-10-15
02-09
State Gazette act
Resignations & appointmentsGeneral meeting · Auditor reappointment · Permanent representative3 facts ▸
State Gazette act
Resignations & appointments
General meeting · Auditor reappointment · Permanent representative3 facts ▸
- General meeting, 2010-06-17
- Auditor reappointment, 3 ans, 2012-12-31
- Permanent representative, Raynald Vermoesen (représentant permanent)
19-05
State Gazette act
Resignations & appointmentsGeneral meeting · Director resignation · Director appointment8 facts ▸
State Gazette act
Resignations & appointments
General meeting · Director resignation · Director appointment8 facts ▸
- General meeting, 2010-05-03
- Director resignation, Pierre Destexhe (administrateur)
- Director appointment, Anja Verbeke (administrateur)
- Board composition, administrateur, 2010-05-03
- Board composition, administrateur, 2010-05-03
- Board composition, administrateur, 2010-05-03
- Board composition, administrateur, 2010-05-03
- Permanent representative, Christian De Vos (administrateur de Groupe A de Baxter Pension Fund Belgium)
19-05
State Gazette act
Resignations & appointmentsGeneral meeting · Director resignation · Board composition7 facts ▸
State Gazette act
Resignations & appointments
General meeting · Director resignation · Board composition7 facts ▸
- General meeting, 2010-03-12
- Director resignation, Anne Vissenackens (administrateur)
- Board composition, administrateur, 2010-04-01
- Board composition, administrateur, 2010-04-01
- Board composition, administrateur, 2010-04-01
- Board composition, administrateur, 2010-04-01
- Permanent representative, Mario Ricard (représentant permanent)
2008
27-08
State Gazette act
Resignations & appointmentsGeneral meeting · Director reappointment · Director resignation9 facts ▸
State Gazette act
Resignations & appointments
General meeting · Director reappointment · Director resignation9 facts ▸
- General meeting, 2008-06-19
- Director reappointment, Pierre Destexhe (administrateur)
- Director reappointment, Renaud Mazy (administrateur)
- Director reappointment, Christan De Vos (administrateur)
- Director resignation, Vinciane Verbiest (administrateur)
- Director resignation, Paul Van de Velde (administrateur)
- Director appointment, Anne Vissenackens (administrateur)
- Permanent representative, Anne Vissenackens (représentant permanent)
- Mandate compensation, BAXTER
2005
22-09
State Gazette act
Resignations & appointmentsBoard meeting · Director appointment2 facts ▸
State Gazette act
Resignations & appointments
Board meeting · Director appointment2 facts ▸
- Board meeting, 2005-08-19
- Director appointment, Dominique Cotteaux (administrateur délégué)
05-08
State Gazette act
Resignations & appointmentsGeneral meeting · Director appointment · Board composition7 facts ▸
State Gazette act
Resignations & appointments
General meeting · Director appointment · Board composition7 facts ▸
- General meeting, 2005-06-16
- Director appointment, Dominique Cotteaux (administrateur)
- Board composition, administrateur, 2005-06-16
- Board composition, administrateur, 2005-06-16
- Board composition, administrateur, 2005-06-16
- Board composition, administrateur, 2005-06-16
- Mandate compensation, Baxter
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
31 directors, no change since 2025
Abdellah El Kacem
CurrentDirector · since 28-03-2025
Annelies Bryon
CurrentDirector · since 15-07-2023
Guy In 't Ven
CurrentDirector · since 15-07-2023
Serge Vandermotten
CurrentDirector · since 15-07-2023
Frédéric Yannart
CurrentDirector · since 01-01-2021
Hermann Jacobs
Not recently confirmedDirector · since 30-06-2014
+ 3 not shown in this overview
28-03-2025
Abdellah El Kacem: Appointed as Director
28-03-2025
Lionel ROSOUX: Resigned as Administrateur et administrateur délégué
31-05-2024
Herman Jacobs: Resigned as Director
01-03-2024
Lionel ROSOUX: Appointed as Director
01-03-2024
Lionel ROSOUX: Appointed as Managing director
15-02-2024
Adriano Marques Antunes: Resigned as Managing director
15-02-2024
Adriano Marques Antunes: Resigned as Director
15-07-2023
Annelies Bryon: Appointed as Director
15-07-2023
Annelies Bryon: Appointed as Managing director
15-07-2023
Guy In 't Ven: Appointed as Director
15-07-2023
Serge Vandermotten: Appointed as Director
15-07-2023
Adriano Marques Antunes: Appointed as Managing director
15-07-2023
Jacques Delbecq: Resigned as Director
31-01-2022
Bhevan Chandrasena: Resigned as Director
01-01-2022
Adriano Marques Antunes: Appointed as Director
01-01-2021
Frédéric Yannart: Appointed as Director
01-01-2021
Jacques Delbecq: Appointed as Director
31-12-2020
Giuseppe Spatola: Resigned as Director
24-09-2020
Herman Jacobs: Mandate renewed as Director
30-10-2019
Andrea BORRELL VILA: Resigned as Director
01-07-2019
Giuseppe Spatola: Appointed as Director
31-12-2017
Erich KOLLEGGER: Resigned as Director
15-03-2016
Bhevan Chandrasena: Appointed as Director
28-10-2015
Philippe LODOMEZ: Resigned as Director
+ 36 not shown in this overview
Location & real-estate footprint
Registered office, Lessines · 2 establishment units since 1970
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Boulevard René Branquart(L) 807860 LessinesGround area
9.3 ha
Building footprint
4.0 ha
Volume, LiDAR
68,672 m³
Parcel 55023C0872/00Y000, Wallonia · tallest building 15.5 m. Linked by address, not a title deed.
2 establishment units
BAXTER
since 19702.105.442.804
Medical Products
since 20122.215.045.973
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 55023C0872/00Y000 | Wallonia | 9.3 ha | 1 · 4.0 ha | 15.5 m |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Statutory auditor
4 auditors| PwC Réviseurs d'Entreprises SRLCurrent Auditor · represented by Romain Seffer | 27-06-2022 → present |
Show 3 earlier auditors
| Pricewaterhouse Coopers Réviseurs d'Entreprises Auditor succeeded by PwC Réviseurs d'Entreprises SRL in 2022 | 18-08-2016 → 27-06-2022 |
| PricewaterhouseCoopers Réviseurs d'entreprises Auditor succeeded by Pricewaterhouse Coopers Réviseurs d'Entreprises in 2016 | 20-06-2013 → 18-08-2016 |
| PriceWaterhouseCoopers Réviseurs d'Entreprises SCCRL Auditor · represented by Raynald Vermoesen succeeded by PricewaterhouseCoopers Réviseurs d'entreprises in 2013 | 17-06-2010 → 20-06-2013 |
Structure & network
Connections & network
16 connected companiesNetwork connections
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Ownership & control
1 partyBAXTERBE 0403.093.693
controls
Where this company holds controlthis company sits on their board1
Acquisitions and mergers
1 transactionContributed a business line to:BAXALTA BELGIUM MANUFACTURING
Capital and shareholders
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Of 149 companies in sector 21201 we hold annual accounts for 116. 34 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded01-01-1968
Fiscal year end31-12
Activities, NACEBEL
21201Manufacture of basic pharmaceutical products and pharmaceutical preparations
Sources
Crossroads Bank for EnterprisesNational Bank · 72 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.