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LIVANOVA BELGIUM

Active
Public limited companyfounded 1968active for 58 yearsIkaroslaan 83, 1930 Zaventem, BelgiumKBO/BCE: BE 0403.011.739
Summary

LIVANOVA BELGIUM has been active since 1968 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €30.5m and a net result of €2.2m. Equity has been growing by about 10% per year since 2018. Its solvency ranks better than 84% of 6,167 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active Normal situation
Activity
Wholesale of pharmaceutical and medical goods NACE 46460
Joint committees
100 Aanvullend Paritair Comité voor de werklieden
200 Aanvullend Paritair Comité voor de bedienden · annual accounts 2025
Establishment unit
2.148.031.247 1930 Zaventem, since 15-04-2005
Financial year end
31 December
Peppol
Reachable since 11-11-2025

Board and ownership

Board
Auditor
BV PwC Bedrijfsrevisoren
Shareholders
  • LivaNova PLCannual accounts 2025

Financial position

95 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2025
Turnover
€70.3m
▲ 9.8%
Profit
€2.2m
▼ 31.6%
Equity
€30.5m
▲ 7.8%
Total assets
€38.8m
▲ 5.5%
Employees on 31-12-2025
29
=
  • 2025 accounts filed 76 days after the deadline
Filed on 15-10-2026
Score breakdownraises riskLast filed accounts filed 76 days late; 1 of the last 3 accounts lateLiquidity: current ratio 5.66, cash €1.1m, halvedlowers riskFounded in 1968Size: turnover €70.3m, 29.2 FTE, total assets €38.8mShow the evidence

Checked score

Score 2025
95 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 68% of small companies in wholesale trade (NACE 46)
Financial strength · tick: 2024
Strong
Solvency 100=
equity 78.5% of total assets
Liquidity 49-44
short-term debt 17.1% · cash 2.8%
Profitability 65-4
return on assets 5.6%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (4,372 companies, NACE 46, small)
Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026lowest value 05-2026: 0.1%▲ +0.1 percentage points vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026highest value 11-2026: 0.1%● unchanged vs 10-2026highest value
Credit of up to €2,850,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 5.66 (5.65 in 2024), above the usual 1.5. Short-term debt is 17.1% and cash 2.8% of total assets. 21.5% of the assets are financed with debt and provisions.
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, small). It does better than 92% of them on solvency, 59% on liquidity, 52% on profitability and 69% on growth.

The bankruptcy probability was computed on 01-11-2026 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.

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).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Founded in 1968
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Size: turnover €70.3m, 29.2 FTE, total assets €38.8m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Last filed accounts filed 76 days late; 1 of the last 3 accounts late
NBB · filings
raises risk · Liquidity: current ratio 5.66, cash €1.1m, halved
NBB · annual accounts
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-10-2026, 76 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2025
76 days late
2024
83 days early
2023
77 days early
2022
52 days early
2021
31 days early
2020
81 days early
2019
59 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 44 days before 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 (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 9 June (4 of the last 5 accounts filed within 31 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: More equity than 94% of companies in wholesale tradesector median €1.6m · 6,099 companies €30.5m View
  • Positive: 5 years of growth in a rowturnover 2025: €70.3m 5 years View
  • Caution: Result fell in 2025from €3.2m to €2.2m ▼ 31.6% View

Recent changes

  1. · Gazette deed Appointment: PwC Bedrijfsrevisoren BV (statutory auditor)Permanent representative: Loris Guidi
  2. · Gazette deed Resignation: Philippe Blancquaert (director)Appointment: Samuel Torres (director)
  3. · Gazette deed Permanent representatives: Loris GUIDI and Isabelle RASMONT
All 21 events

Comparable companies

These companies have the same main activity as LIVANOVA BELGIUM: wholesale of pharmaceutical and medical goods (NACE 46460). They are comparable in size and age: total assets between €16m and €61m, founded between 1964 and 1990.

CompanyTotal assetsTurnover
LIVANOVA BELGIUM Zaventem€38.8m€70.3m
Servier Benelux Anderlecht€61.5m€89.1m
Haleon Belgium Zaventem€29.4m€61.8m
OLYMPUS BELGIUM Puurs-Sint-Amands€36.5m€45.4m
V.M.D. Arendonk€28.5m€40.6m
ABBOTT MEDICAL BELGIUM Zaventem€40.8m€85.5m
GRUNENTHAL Zaventem€16.2m€39.3m
Full comparison

Key facts about LIVANOVA BELGIUM

What is the company number of LIVANOVA BELGIUM?
The company number of LIVANOVA BELGIUM is 0403.011.739. The VAT number is the same number with BE in front: BE 0403.011.739.
Where is LIVANOVA BELGIUM based?
The registered office is at Ikaroslaan 83, 1930 Zaventem.Company details
What does LIVANOVA 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 LIVANOVA BELGIUM?
The legal form of LIVANOVA BELGIUM is Public limited company (NV).
When was LIVANOVA BELGIUM founded?
LIVANOVA BELGIUM was founded on 01-01-1968.
Is LIVANOVA BELGIUM still active?
Yes, LIVANOVA BELGIUM is an active enterprise in the KBO register.
How many employees does LIVANOVA BELGIUM have?
LIVANOVA BELGIUM had an average of 29.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does LIVANOVA BELGIUM fall under?
In its 2025 annual accounts, LIVANOVA BELGIUM states joint committees 100 (Aanvullend Paritair Comité voor de werklieden) and 200 (Aanvullend Paritair Comité voor de bedienden).
What is the turnover of LIVANOVA BELGIUM?
The turnover of LIVANOVA BELGIUM was €70.3m in financial year 2025, according to the filed annual accounts.
Is LIVANOVA BELGIUM profitable?
In financial year 2025, LIVANOVA BELGIUM made a profit of €2.2m.
Where can I find the annual accounts of LIVANOVA BELGIUM?
LIVANOVA BELGIUM filed 49 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of LIVANOVA BELGIUM due?
LIVANOVA BELGIUM must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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