Staff
1.9 FTE from 10.6 in 2011
Between 2011 and 2024, 82% of the full-time equivalents disappeared.
LINVATEC BELGIUM
Lifetime
19 annual accounts with figures on one time axis, 24 filings since 2001peak €3.2m (2011)
-not published
lowest -€22.2m (2018)
€175,414▲ 15.3%
peak €282.3m (2015)
€182.2m▲ 0.1%
€458,960▼ 21.9%
peak 10.6 FTE (2011)
1.9 FTE▼ 5.0%
Board9 names since 2014
5 directorsPatrick Beyer and 4 others
Owners3 names in the annual accounts
100%Linvatec Nederland and 1 other
Documentsfilings and deeds
28-09-2026424 days late
2024financial year
Resignation: Heather Lynn Cohen (director) 11-101 director appointed, 1 resignation, 1 statutory auditor reap… 06-03Debts from €587,292 to €458,960Cash from €127,187 to €358,478
Key points
from the 2024 annual accountsPayment terms
181 days to suppliers
LINVATEC BELGIUM pays its suppliers 48 days earlier than in 2023.
Liquidity
14.16 was 1.14 in 2023
Short-term debts fell from €556,597 to €458,960.
Filings
24 annual accounts 100 days past the deadline
2025 accounts not filed: deadline was 31-07-2026.
Board
1 joined · 2 left
Board changed. Latest change 30-10-2026 · 3 in office.
Position in the sector
99.7%
Higher solvency than 95% of companies in wholesale trade. Sector median 42.0% · 6,060 companies.
Checked score
54
Fair
Financially stronger than 52% of micro companies in wholesale trade (NACE 46)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
2.0% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.4% across 26,892 companies (NACE 46, micro).
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 7.7%
01-2025: 7.7%● unchanged vs 12-2024
02-2025: 7.7%● unchanged vs 01-2025
03-2025: 6.7%▼ -1.0 percentage point vs 02-2025
04-2025: 6.0%▼ -0.7 percentage points vs 03-2025
05-2025: 6.0%● unchanged vs 04-2025
06-2025: 6.0%● unchanged vs 05-2025
07-2025: 6.0%● unchanged vs 06-2025
08-2025: 7.8%▲ +1.8 percentage points vs 07-2025highest value
09-2025: 7.8%● unchanged vs 08-2025highest value
10-2025: 7.8%● unchanged vs 09-2025highest value
11-2025: 7.8%● unchanged vs 10-2025highest value
12-2025: 3.8%▼ -4.0 percentage points vs 11-2025
01-2026: 6.3%▲ +2.5 percentage points vs 12-2025
02-2026: 6.3%● unchanged vs 01-2026
03-2026: 6.3%● unchanged vs 02-2026
04-2026: 5.7%▼ -0.6 percentage points vs 03-2026
05-2026: 5.7%● unchanged vs 04-2026
06-2026: 5.7%● unchanged vs 05-2026
07-2026: 5.7%● unchanged vs 06-2026
08-2026: 7.4%▲ +1.7 percentage points vs 07-2026
09-2026: 7.4%● unchanged vs 08-2026
10-2026: 2.0%▼ -5.4 percentage points vs 09-2026lowest value
11-2026: 2.0%● unchanged vs 10-2026lowest value
Financial strengthAverage
Score breakdown
raises risk
1 financial year not filed after the legal deadline; last filed accounts filed 424 days late; 3 of the last 3 accounts late
Liquidity: current ratio 14.16, cash €358,478
Figures for financial year 2024 (filed on 30-09-2026)
lowers risk
Founded in 2000
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, micro). It does better than 90% of them on solvency, 53% on liquidity, 24% on profitability and 41% on growth.
The bankruptcy probability was computed on 07-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2024.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Credit verdict
Credit of up to €9,800,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity is ample, with a current ratio of 14.16 (1.14 in 2023), above the usual 1.5. Short-term debt is 0.3% and cash 0.2% of total assets. 0.3% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 100 days later.
NBB · 10 filingsPosition against the passed deadline
31-12-2025 year end31-07-2026 deadline08-11-2026 today
raises risk · 2024 accounts filed 424 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-09-2026, 424 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
424 days late
2023
482 days late
2022
575 days late
2021
466 days late
2020
146 days late
2019
122 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 6 accounts on average 369 days after the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (1)
Board and ownership
- Linvatec Nederland 100%annual accounts 2024
- CONMED Corporation consolidatesannual accounts 2024
Shares in 1 company, CONMED Europe
Board & ownershipRecent changes
Resignation: Johonna Marie Pelletier (director)
General meeting of 22-09-2026 · Gazette deed
2 directors appointed, 1 resignation
Appointments: Andrew David Kearns (managing director) and Sven Van Kets (managing director) · Resignation: Stéphane Jean Auguste Epinette · Board meeting of 19-12-2025 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0471726242
2 directors appointed, 1 resignation
Resignation: Patrick Joseph Beyer · Appointments: Stephan Epinette and Sven Van Kets · General meeting of 07-02-2025 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| LINVATEC BELGIUM Drogenbos | - | - | 99.7% | 1.9 |
| OMRIX BIOPHARMACEUTICALS Machelen (Brab.) | €107.0m | -1.4% | 27.7% | 1 |
| BESINS HEALTHCARE Ixelles | €11.1m | 9.2% | 89.6% | 4.9 |
| KANEKA MEDICAL EUROPE Zaventem | €58.0m | 8.1% | 62.9% | 7 |
| Mirion Technologies (Canberra BNLS) Asse | €8.8m | 19.1% | 29.3% | 11.7 |
| PORTON EUROPE Turnhout | €64.7m | 1.9% | 43.1% | 1 |
| Nipro PharmaPackaging International Mechelen | €2.2m | -8.7% | 52.8% | 5 |
These companies have the same main activity as LINVATEC BELGIUM: wholesale of pharmaceutical and medical goods (NACE 46460). They are comparable in size and age: total assets between €31m and €362m, founded between 1988 and 2015.
Official details
Source: KBO- Status
- Active since 18-04-2000Normal situation
- Activity
- Wholesale of pharmaceutical and medical goodsNACE 46460
- Joint committee
- 200Auxiliary committee for white-collar workers · annual accounts 2024
- Establishment unit
- 2.096.515.0421620 Drogenbos, since 03-05-2000
- Financial year end
- 31 December
- Peppol
- Reachable since 03-12-2025
Insights on LINVATEC BELGIUM
LINVATEC BELGIUM has existed since 2000. Turnover fell from €3.0m in 2013 to €807,280 in 2014 and staff from 10.6 to 1 full-time equivalents.
Linvatec Nederland holds all the shares. In January 2026, the Official Gazette published the appointment of Sven Van Kets as managing director.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about LINVATEC BELGIUM
- What is the company number of LINVATEC BELGIUM?
- The company number of LINVATEC BELGIUM is 0471.726.242. The VAT number is the same number with BE in front: BE 0471.726.242.
- Where is LINVATEC BELGIUM based?
- The registered office is at W.A. Mozartlaan 3, 1620 Drogenbos.Company details
- What does LINVATEC BELGIUM do?
- According to the KBO register, the main activity is wholesale of pharmaceutical and medical goods (NACE 46460).
- What is the legal form of LINVATEC BELGIUM?
- LINVATEC BELGIUM is a public limited company (NV).
- When was LINVATEC BELGIUM founded?
- LINVATEC BELGIUM was founded on 18-04-2000.
- Is LINVATEC BELGIUM still active?
- Yes, LINVATEC BELGIUM is an active enterprise in the KBO register.
- How many employees does LINVATEC BELGIUM have?
- LINVATEC BELGIUM had an average of 1.9 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
- Which joint committee does LINVATEC BELGIUM fall under?
- In its 2024 annual accounts, LINVATEC BELGIUM states joint committee 200 (Auxiliary committee for white-collar workers).
- What is the turnover of LINVATEC BELGIUM?
- The annual accounts for financial year 2024 state no turnover.
- Is LINVATEC BELGIUM profitable?
- In financial year 2024, LINVATEC BELGIUM made a profit of €175,414.
- Where can I find the annual accounts of LINVATEC BELGIUM?
- LINVATEC BELGIUM filed 24 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
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