Norgine
ActiveSummary
Norgine has been active since 1930 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €7.0m and a net result of €776,540. Equity is growing by ~4.8% per year across the filed fiscal years. Its solvency ranks better than 58% of 6133 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability65▲+30
Solvency74▼-15
Growth71▼-1
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €470,000 at 30 days acceptable
Liquidity ample (current ratio 2.01 against 2.85 in 2023; short-term debt: 49.7% and cash: 1.5% of total assets), but 50.5% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
49.5%
Return on assets
5.5%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 06-10-2025, 67 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
67 d late
2023
363 d late
2022
273 d late
2021
31 d late
2020
71 d early
2019
116 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 130 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, full schema
In the rankings
#3 oldest company in Leuven, Wholesale and retail trade sector
Turnover
€19.1m▲ 4.6%
2023 · €18.3m
EBIT margin
5.6%▲ 4.4pp
2023 · 1.2%
Net result
€776,540▲ 145%
2023 · €316,589
Working capital
€7.1m▲ 13.5%
2023 · €6.2m
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Turnover€15.0m▼ 1.5%€17.2m▲ 14.5%€17.6m▲ 2.6%€18.3m▲ 3.8%€19.1m▲ 4.6%
Operating result€23,613▼ 97.0%€482,662▲ 1,944%€465,661▼ 3.5%€215,708▼ 53.7%€1.1m▲ 396%
Net result-€55,251below the sector's middle half€299,165within the sector's middle half€227,723within the sector's middle half▼ 23.9%€316,589within the sector's middle half▲ 39.0%€776,540above the sector's middle half▲ 145%
EBIT margin0.2%▼ 5.0pp2.8%▲ 2.7pp2.6%▼ 0.2pp1.2%▼ 1.5pp5.6%▲ 4.4pp
Equity€5.3mabove the sector's middle half▼ 1.0%€5.6mabove the sector's middle half▲ 5.6%€5.9mabove the sector's middle half▲ 4.0%€6.2mabove the sector's middle half▲ 5.4%€7.0mabove the sector's middle half▲ 12.7%
Total assets€6.9mwithin the sector's middle half▼ 16.5%€7.1mwithin the sector's middle half▲ 2.1%€8.8mwithin the sector's middle half▲ 24.5%€9.6mwithin the sector's middle half▲ 9.5%€14.1mabove the sector's middle half▲ 46.3%
Debt€1.6m▼ 45.6%€1.4m▼ 9.7%€2.9m▲ 106%€3.4m▲ 17.7%€7.1m▲ 107%
Working capital€5.3mabove the sector's middle half▼ 1.1%€5.6mabove the sector's middle half▲ 6.1%€5.9mabove the sector's middle half▲ 4.3%€6.2mabove the sector's middle half▲ 5.9%€7.1mabove the sector's middle half▲ 13.5%
Solvency77.2%above the sector's middle half▲ 12.1pp79.9%above the sector's middle half▲ 2.6pp66.8%above the sector's middle half▼ 13.1pp64.3%above the sector's middle half▼ 2.5pp49.5%within the sector's middle half▼ 14.8pp
Current ratio4.44above the sector's middle half▲ 1.565.07above the sector's middle half▲ 0.633.04above the sector's middle half▼ 2.032.85above the sector's middle half▼ 0.202.01within the sector's middle half▼ 0.84
Return on assets (ROA)-0.8%below the sector's middle half▼ 6.5pp4.2%within the sector's middle half▲ 5.0pp2.6%within the sector's middle half▼ 1.6pp3.3%within the sector's middle half▲ 0.7pp5.5%within the sector's middle half▲ 2.2pp
Staff (FTE)31.1above the sector's middle half▼ 1.9%31.8above the sector's middle half▲ 2.3%29.7above the sector's middle half▼ 6.6%27.5within the sector's middle half▼ 7.4%23.6within the sector's middle half▼ 14.2%
above
within
below
the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 396% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €14.1m
Fixed assets
€18,135 ▼ 29.7%
Current assets
€14.0m ▲ 46.5%
Equity and liabilities €14.1m
Equity
€7.0m ▲ 12.7%
Provisions
€12,805 =
Debt
€7.1m ▲ 107%
Debt's share of the balance-sheet total rises from 35.6% to 50.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€1.1m▲
2023 · €239,391
Cash flow
€789,384▲
2023 · €340,272
Quick ratio
1.35▼
2023 · 1.40
Debt to equity
1.02▲
2023 · 0.55
ROE
11.2%▲
2023 · 5.1%
Interest coverage
471.86
Debt ≤ 1 year
€7.0m▲
2023 · €3.4m
Income taxes
€414,164▲
2023 · €130,282
Staff costs
€6.0m▲
2023 · €4.5m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 20,129 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.2%
went bankrupt
4.7%
stopped otherwise
95%
still going
For this company itself Checked computes a bankruptcy probability of 0.2% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 20,129 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | - | €22.7m | €23.5m | €23.4m | €27.6m | ▲ 17.9% |
| Turnover70 | €15.0m | €17.2m | €17.6m | €18.3m | €19.1m | ▲ 4.6% |
| Other operating income74 | - | €5.5m | €5.9m | €5.1m | €8.4m | ▲ 65.6% |
| Operating charges60/66A | - | €22.2m | €23.1m | €23.2m | €26.5m | ▲ 14.4% |
| Goods for resale, raw materials and consumables60 | - | €15.6m | €16.0m | €16.6m | €17.7m | ▲ 6.3% |
| Purchases600/8 | - | €15.0m | €15.3m | €18.4m | €17.4m | ▼ 5.1% |
| Change in stocks: decrease (increase)609 | - | €619,832 | €640,214 | -€1.7m | €272,303 | ▲ 116% |
| Services and other goods61 | - | €2.6m | €2.4m | €2.0m | €2.8m | ▲ 39.6% |
| Remuneration, social security and pensions62 | - | €4.0m | €4.6m | €4.5m | €6.0m | ▲ 33.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €26,233 | €29,507 | €22,754 | €23,683 | €12,844 | ▼ 45.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €19,415 | €14,366 | €0 | - | - |
| Other operating charges640/8 | - | €390 | €390 | €1,490 | - | - |
| Operating profit (loss)9901 | €23,613 | €482,662 | €465,661 | €215,708 | €1.1m | ▲ 396% |
| Financial income75/76B | - | - | €5,519 | €254,653 | €122,460 | ▼ 51.9% |
| Recurring financial income75 | €90 | - | €5,519 | €254,653 | €122,460 | ▼ 51.9% |
| Income from current assets751 | - | - | €5,519 | €254,653 | €122,460 | ▼ 51.9% |
| Financial charges65/66B | - | €40,936 | €37,758 | €23,490 | €2,296 | ▼ 90.2% |
| Recurring financial charges65 | €34,613 | €40,936 | €37,758 | €23,490 | €2,296 | ▼ 90.2% |
| Debt charges650 | €28,891 | €32,329 | €30,184 | €0 | - | - |
| Other financial charges652/9 | - | €8,607 | €7,574 | €23,490 | €2,296 | ▼ 90.2% |
| Profit (loss) for the period before taxes9903 | -€10,910 | €441,726 | €433,422 | €446,871 | €1.2m | ▲ 166% |
| Income taxes67/77 | €44,341 | €142,561 | €205,699 | €130,282 | €414,164 | ▲ 218% |
| Taxes670/3 | - | €142,561 | €205,699 | €130,282 | €414,164 | ▲ 218% |
| Profit (loss) for the period9904 | -€55,251 | €299,165 | €227,723 | €316,589 | €776,540 | ▲ 145% |
| Profit (loss) for the period to be appropriated9905 | -€55,251 | €299,165 | €227,723 | €316,589 | €776,540 | ▲ 145% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €6.9m | €7.1m | €8.8m | €9.6m | €14.1m | ▲ 46.3% |
| Fixed assets21/28 | €55,094 | €39,953 | €28,754 | €25,808 | €18,135 | ▼ 29.7% |
| Tangible fixed assets22/27 | €55,094 | €39,953 | €28,754 | €25,808 | €18,135 | ▼ 29.7% |
| Plant, machinery and equipment23 | - | €32,780 | €25,642 | €25,678 | €18,135 | ▼ 29.4% |
| Furniture and vehicles24 | - | €6,986 | €3,112 | €130 | €0 | ▼ 100% |
| Other tangible fixed assets26 | - | €187 | €0 | €0 | - | - |
| Current assets29/58 | €6.8m | €7.0m | €8.7m | €9.6m | €14.0m | ▲ 46.5% |
| Stocks and contracts in progress3 | €4.4m | €3.8m | €3.1m | €4.9m | €4.6m | ▼ 5.6% |
| Stocks30/36 | - | €3.8m | €3.1m | €4.9m | €4.6m | ▼ 5.6% |
| Goods purchased for resale34 | - | €3.8m | €3.1m | €4.9m | €4.6m | ▼ 5.6% |
| Amounts receivable within one year40/41 | €2.2m | €2.9m | €5.6m | €4.5m | €9.2m | ▲ 106% |
| Trade receivables40 | - | €2.0m | €2.6m | €2.5m | €3.0m | ▲ 17.0% |
| Other amounts receivable41 | - | €931,726 | €3.0m | €2.0m | €6.3m | ▲ 221% |
| Cash at bank and in hand54/58 | €172,012 | €187,985 | €17,858 | €209,050 | €208,627 | ▼ 0.2% |
| Deferred charges and accrued income490/1 | - | €96,565 | €10,550 | €20,046 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €6.9m | €7.1m | €8.8m | €9.6m | €14.1m | ▲ 46.3% |
| Equity10/15 | €5.3m | €5.6m | €5.9m | €6.2m | €7.0m | ▲ 12.7% |
| Contributions10/11 | €99,157 | €99,157 | €99,157 | €99,157 | €99,157 | = |
| Capital10 | - | €99,157 | €99,157 | €99,157 | €99,157 | = |
| Issued capital100 | - | €99,157 | €99,157 | €99,157 | €99,157 | = |
| Reserves13 | €5.2m | €5.5m | €5.8m | €6.1m | €6.9m | ▲ 12.9% |
| Non-distributable reserves130/1 | - | €9,916 | €9,916 | €9,916 | €9,916 | = |
| Legal reserve130 | - | €9,916 | €9,916 | €9,916 | €9,916 | = |
| Distributable reserves133 | - | €5.5m | €5.7m | €6.1m | €6.8m | ▲ 12.9% |
| Provisions and deferred taxes16 | €12,805 | €12,805 | €12,805 | €12,805 | €12,805 | = |
| Provisions for liabilities and charges160/5 | - | €12,805 | €12,805 | €12,805 | €12,805 | = |
| Pensions and similar obligations160 | - | €12,805 | €12,805 | €12,805 | €12,805 | = |
| Deferred taxes168 | - | - | €0 | - | - | - |
| Amounts payable17/49 | €1.6m | €1.4m | €2.9m | €3.4m | €7.1m | ▲ 107% |
| Amounts payable within one year42/48 | €1.5m | €1.4m | €2.9m | €3.4m | €7.0m | ▲ 107% |
| Trade debts44 | €570,934 | €531,401 | €1.5m | €735,009 | €4.9m | ▲ 573% |
| Suppliers440/4 | - | €531,401 | €1.5m | €735,009 | €4.9m | ▲ 573% |
| Taxes, remuneration and social security45 | - | €684,269 | €1.3m | €2.5m | €1.9m | ▼ 25.6% |
| Taxes450/3 | - | €4,265 | €189,603 | €479,046 | €553,514 | ▲ 15.5% |
| Remuneration and social security454/9 | - | €680,004 | €1.1m | €2.1m | €1.3m | ▼ 35.2% |
| Other amounts payable47/48 | - | €166,029 | €87,007 | €93,917 | €150,913 | ▲ 60.7% |
| Accrued charges and deferred income492/3 | - | €25,850 | €27,840 | €52,088 | €103,271 | ▲ 98.3% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€55,251 | €299,165 | €227,723 | €316,589 | €776,540 | ▲ 145% |
| + Depreciation and write-downs630 | €26,233 | €29,507 | €22,754 | €23,683 | €12,844 | ▼ 45.8% |
| Operating cash flow (approximation) | -€29,017 | €328,672 | €250,477 | €340,272 | €789,384 | ▲ 132% |
| Investment in fixed assets (approximation) | - | -€14,366 | -€11,555 | -€20,737 | -€5,171 | ▲ 75.1% |
| Change in cash | - | €15,973 | -€170,127 | €191,192 | -€423 | ▼ 100% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
08-09
State Gazette act
Resignation: Amigues Cécile Sylvie Marie (director)Appointment: Dobbelaere Kurt Omer A. (director) · Director discharge · Declaration5 facts ▸
State Gazette act
Resignation: Amigues Cécile Sylvie Marie (director)
Appointment: Dobbelaere Kurt Omer A. (director) · Director discharge · Declaration5 facts ▸
- Director resignation, Amigues Cécile Sylvie Marie (director)
- Director discharge, Amigues Cécile Sylvie Marie (director)
- Declaration, geen verbod op grond van artikel 6 van de wet van 4 mei 2023 betreffende het Centraal register van bestuursverboden, artikel 6 van de wet van 4 mei 2023
- Director appointment, Dobbelaere Kurt Omer A. (director)
- General meeting, 05-08-2026
2025
30-12
State Gazette act
Reappointments: Eric ALSAC (director) and EY Bedrijfsrevisoren BV (statutory auditor)Permanent representative: Christophe BECKERS · Mandate compensation8 facts ▸
State Gazette act
Reappointments: Eric ALSAC (director) and EY Bedrijfsrevisoren BV (statutory auditor)
Permanent representative: Christophe BECKERS · Mandate compensation8 facts ▸
- General meeting, 02-10-2025
- Director reappointment, Eric ALSAC (director)
- Mandate compensation, Eric ALSAC
- Board composition, Cécile AMIGUES (director)
- Board composition, Cyril TAVIER (director)
- Board composition, Eric ALSAC (director)
- Auditor reappointment, EY Bedrijfsrevisoren BV
- Permanent representative, Christophe BECKERS
06-10
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 67 days late
29-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 363 days late
2024
31-12
Financial
Highest result since 2018net €776,540 ▲145%
Operating result €1.1m, net result €776,540, both a record.
14-10
State Gazette act
Resignation: BAPTIST Philip (managing director)Appointment: TAVIER Cyril (managing director) · Mandate compensation11 facts ▸
State Gazette act
Resignation: BAPTIST Philip (managing director)
Appointment: TAVIER Cyril (managing director) · Mandate compensation11 facts ▸
- Board meeting, 20-09-2024
- General meeting, 20-09-2024
- Director resignation, BAPTIST Philip (managing director)
- Director appointment, TAVIER Cyril (managing director)
- Mandate compensation, TAVIER Cyril
- Director resignation, BAPTIST Philip (director)
- Director appointment, TAVIER Cyril (director)
- Mandate compensation, TAVIER Cyril
- Board composition, AMIGUES Cécile (director)
- Board composition, ALSAC Eric (director)
- Board composition, TAVIER Cyril (director)
09-09
State Gazette act
Registered officeRegistered-office move2 facts ▸
State Gazette act
Registered office
Registered-office move2 facts ▸
- Board meeting, 15-07-2024
- Registered-office move, Philipssite 5 bus 1, 3001 Leuven
29-04
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 273 days late
01-03
State Gazette act
Permanent representative: Christophe Beckers2 facts ▸
State Gazette act
Permanent representative: Christophe Beckers
2 facts ▸
- General meeting, 11-12-2023
- Permanent representative, Christophe Beckers
01-02
State Gazette act
Statutes amendmentCapital5 facts ▸
State Gazette act
Statutes amendment
Capital5 facts ▸
- General meeting, 20-12-2023
- Statutes amendment
- Statutes amendment
- Statutes amendment
- Capital, €99.157,41
2023
17-08
State Gazette act
Resignation: ROGMANS Roderik (director)Appointment: AMIGUES Cécile (director) · Mandate compensation7 facts ▸
State Gazette act
Resignation: ROGMANS Roderik (director)
Appointment: AMIGUES Cécile (director) · Mandate compensation7 facts ▸
- General meeting, 19-06-2023
- Director resignation, ROGMANS Roderik (director)
- Director appointment, AMIGUES Cécile (director)
- Mandate compensation, AMIGUES Cécile
- Board composition, ALSAC Eric (director)
- Board composition, BAPTIST Philip (director)
- Board composition, AMIGUES Cécile (director)
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 31 days late
Show earlier events
30-08
State Gazette act
Reappointment: PwC Bedrijfsrevisoren BV (statutory auditor)Appointment: EY Bedrijfsrevisoren (statutory auditor) · Permanent representative: Carlo-Sébastien D'Addario4 facts ▸
State Gazette act
Reappointment: PwC Bedrijfsrevisoren BV (statutory auditor)
Appointment: EY Bedrijfsrevisoren (statutory auditor) · Permanent representative: Carlo-Sébastien D'Addario4 facts ▸
- General meeting, 30-06-2022
- Auditor reappointment, PwC Bedrijfsrevisoren BV
- Auditor appointment, EY Bedrijfsrevisoren (statutory auditor)
- Permanent representative, Carlo-Sébastien D'Addario
2021
31-12
Financial
Back to profitnet €299,165
Net result €299,165 after one loss-making year.
29-11
State Gazette act
Resignation: Kenneth Scrimgeour (director)Appointment: Roderik Rogmans (director) · Mandate compensation · Mandate term5 facts ▸
State Gazette act
Resignation: Kenneth Scrimgeour (director)
Appointment: Roderik Rogmans (director) · Mandate compensation · Mandate term5 facts ▸
- General meeting, 27-10-2021
- Director resignation, Kenneth Scrimgeour (director)
- Director appointment, Roderik Rogmans (director)
- Mandate compensation, Roderik Rogmans
- Mandate term, einde onmiddellijk na de gewone algemene vergadering van aandeelhoudes te houden in 2025
21-05
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Weakest financial yearnet -€55,251
Net result drops to -€55,251, the lowest in the series; recovery starts the following year.
08-12
State Gazette act
Resignation: Paul Ruelle (director)Appointment: Eric Alsac (director) · Mandate compensation · Mandate term5 facts ▸
State Gazette act
Resignation: Paul Ruelle (director)
Appointment: Eric Alsac (director) · Mandate compensation · Mandate term5 facts ▸
- General meeting, 09-11-2020
- Director resignation, Paul Ruelle (director)
- Director appointment, Eric Alsac (director)
- Mandate compensation, Eric Alsac
- Mandate term, einde onmiddellijk na de gewone algemene vergadering van aandeelhouders te houden in 2025
24-11
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 116 days late
2019
31-12
Financial
Equity above €5mEq €5.4m ▲9.6%
2 profitable years in a row build equity to €5.4m.
12-11
State Gazette act
Reappointments: Philip Baptist, Kenneth Scrimgeour and 2 othersPermanent representative: Didier Delanoye · Mandate compensation · Mandate term12 facts ▸
State Gazette act
Reappointments: Philip Baptist, Kenneth Scrimgeour and 2 others
Permanent representative: Didier Delanoye · Mandate compensation · Mandate term12 facts ▸
- General meeting, 11-07-2019
- Director reappointment, Philip Baptist (director)
- Director reappointment, Kenneth Scrimgeour (director)
- Director reappointment, Paul Ruelle (director)
- Mandate compensation, Philip Baptist
- Mandate compensation, Kenneth Scrimgeour
- Mandate compensation, Paul Ruelle
- Mandate term, einde na de gewone algemene vergadering van aandeelhouders te houden in 2025
- Mandate term, einde na de gewone algemene vergadering van aandeelhouders te houden in 2025
- Mandate term, einde na de gewone algemene vergadering van aandeelhouders te houden in 2025
- Auditor reappointment, PricewaterhouseCoopers Bedrijfsrevisoren (statutory auditor)
- Permanent representative, Didier Delanoye
25-09
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 56 days late
2018
13-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
19-07
State Gazette act
Appointments: Philip Baptist, Kenneth Scrimgeour and Paul RuelleMandate compensation5 facts ▸
State Gazette act
Appointments: Philip Baptist, Kenneth Scrimgeour and Paul Ruelle
Mandate compensation5 facts ▸
- General meeting, 16-05-2017
- Director appointment, Philip Baptist (afgevaardigd bestuurder)
- Director appointment, Kenneth Scrimgeour (director)
- Director appointment, Paul Ruelle (director)
- Mandate compensation, Norgine NV
19-07
State Gazette act
Resignations: Luc Herten, Nancy Janssens and 2 others5 facts ▸
State Gazette act
Resignations: Luc Herten, Nancy Janssens and 2 others
5 facts ▸
- General meeting, 15-06-2017
- Director resignation, Luc Herten (director)
- Director resignation, Nancy Janssens (director)
- Director resignation, Hugh Poulton (afgevaardigd bestuurder)
- Director resignation, Frank Nooteboom (afgevaardigd bestuurder)
22-05
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
10-05
State Gazette act
Resignation: Morten Brandt (director)Power of attorney3 facts ▸
State Gazette act
Resignation: Morten Brandt (director)
Power of attorney3 facts ▸
- General meeting, 12-04-2017
- Director resignation, Morten Brandt (director)
- Power of attorney, Van Olmen & Wynant
2016
29-06
State Gazette act
Appointments: Philip Baptist, Morten Brandt and 2 othersPermanent representative: David Vanhelmont · Mandate compensation10 facts ▸
State Gazette act
Appointments: Philip Baptist, Morten Brandt and 2 others
Permanent representative: David Vanhelmont · Mandate compensation10 facts ▸
- General meeting, 17-05-2016
- Director appointment, Philip Baptist (afgevaardigd bestuurder)
- Director appointment, Morten Brandt (director)
- Director appointment, Paul Ruelle (director)
- Auditor appointment, BCVBA PwC Bedrijfsrevisoren (statutory auditor)
- Permanent representative, David Vanhelmont
- Mandate compensation, BCVBA PwC Bedrijfsrevisoren
- Mandate compensation, Philip Baptist
- Mandate compensation, Morten Brandt
- Mandate compensation, Paul Ruelle
10-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
11-06
State Gazette act
Appointments: Philip Baptist, Morten Brandt and Paul RuelleMandate compensation7 facts ▸
State Gazette act
Appointments: Philip Baptist, Morten Brandt and Paul Ruelle
Mandate compensation7 facts ▸
- General meeting, 18-05-2015
- Director appointment, Philip Baptist (afgevaardigd bestuurder)
- Director appointment, Morten Brandt (director)
- Director appointment, Paul Ruelle (director)
- Mandate compensation, Philip Baptist
- Mandate compensation, Morten Brandt
- Mandate compensation, Paul Ruelle
2014
29-10
State Gazette act
Statutes amendmentPower of attorney4 facts ▸
State Gazette act
Statutes amendment
Power of attorney4 facts ▸
- General meeting
- Statutes amendment
- Power of attorney, Frederik Vermaerke-Van de Putte
- Power of attorney, Frederik Vermaerke-Van de Putte
24-06
State Gazette act
Appointments: Philip Baptist, Morten Brandt and Paul RuelleMandate compensation5 facts ▸
State Gazette act
Appointments: Philip Baptist, Morten Brandt and Paul Ruelle
Mandate compensation5 facts ▸
- General meeting, 03-06-2014
- Director appointment, Philip Baptist (afgevaardigd bestuurder)
- Director appointment, Morten Brandt (director)
- Director appointment, Paul Ruelle (director)
- Mandate compensation, Norgine
2013
24-06
State Gazette act
Appointments: Philip Baptist, Ken Scrimgeour and 2 othersPermanent representative: David Vanhelmont · Mandate compensation9 facts ▸
State Gazette act
Appointments: Philip Baptist, Ken Scrimgeour and 2 others
Permanent representative: David Vanhelmont · Mandate compensation9 facts ▸
- General meeting, 21-05-2013
- Director appointment, Philip Baptist (afgevaardigd bestuurder)
- Director appointment, Ken Scrimgeour (director)
- Director appointment, Nancy Janssens (director)
- Auditor appointment, BCVBA PricewaterhouseCoopers (statutory auditor)
- Permanent representative, David Vanhelmont
- Mandate compensation, Philip Baptist
- Mandate compensation, Ken Scrimgeour
- Mandate compensation, Nancy Janssens
2012
26-06
State Gazette act
Appointments: Philip Baptist, Ken Scrimgeour and Nancy JanssensMandate compensation5 facts ▸
State Gazette act
Appointments: Philip Baptist, Ken Scrimgeour and Nancy Janssens
Mandate compensation5 facts ▸
- General meeting, 15-05-2012
- Director appointment, Philip Baptist (afgevaardigd bestuurder)
- Director appointment, Ken Scrimgeour (director)
- Director appointment, Nancy Janssens (director)
- Mandate compensation, Norgine
2011
24-06
State Gazette act
Appointments: Philip Baptist, Ken Scrimgeour and Nancy JanssensMandate compensation5 facts ▸
State Gazette act
Appointments: Philip Baptist, Ken Scrimgeour and Nancy Janssens
Mandate compensation5 facts ▸
- General meeting, 17-05-2011
- Director appointment, Philip Baptist (afgevaardigd bestuurder)
- Director appointment, Ken Scrimgeour (director)
- Director appointment, Nancy Janssens (director)
- Mandate compensation, Norgine
01-04
State Gazette act
Capital & sharesGeneral meeting1 fact ▸
State Gazette act
Capital & shares
General meeting1 fact ▸
- General meeting, 16-03-2011
14-02
State Gazette act
Appointment: BCVBA PricewaterhouseCoopers Bedrijfsrevisoren (statutory auditor)Permanent representative: BVBA Marc Daelman3 facts ▸
State Gazette act
Appointment: BCVBA PricewaterhouseCoopers Bedrijfsrevisoren (statutory auditor)
Permanent representative: BVBA Marc Daelman3 facts ▸
- General meeting, 06-12-2010
- Auditor appointment, BCVBA PricewaterhouseCoopers Bedrijfsrevisoren (statutory auditor)
- Permanent representative, BVBA Marc Daelman
2010
06-07
State Gazette act
Appointments: Philip Baptist, Ken Scrimgeour and Nancy JanssensMandate compensation5 facts ▸
State Gazette act
Appointments: Philip Baptist, Ken Scrimgeour and Nancy Janssens
Mandate compensation5 facts ▸
- General meeting, 18-05-2010
- Director appointment, Philip Baptist (afgevaardigd bestuurder)
- Director appointment, Ken Scrimgeour (director)
- Director appointment, Nancy Janssens (director)
- Mandate compensation, Norgine
2009
22-06
State Gazette act
Appointments: Frank Nooteboom, Ken Scrimgeour and 2 othersPermanent representative: Lieven Van Brussel · Mandate compensation7 facts ▸
State Gazette act
Appointments: Frank Nooteboom, Ken Scrimgeour and 2 others
Permanent representative: Lieven Van Brussel · Mandate compensation7 facts ▸
- General meeting, 19-05-2009
- Director appointment, Frank Nooteboom (afgevaardigd bestuurder)
- Director appointment, Ken Scrimgeour (director)
- Director appointment, Nancy Janssens (director)
- Mandate compensation, Norgine
- Auditor appointment, BDO Atrio Bedrijfsrevisoren Burg. CV
- Permanent representative, Lieven Van Brussel
2007
11-06
State Gazette act
Appointments: Hugh Poulton, Luk Herten and Nancy JanssensMandate compensation5 facts ▸
State Gazette act
Appointments: Hugh Poulton, Luk Herten and Nancy Janssens
Mandate compensation5 facts ▸
- General meeting, 15-05-2007
- Director appointment, Hugh Poulton (afgevaardigd bestuurder)
- Director appointment, Luk Herten (director)
- Director appointment, Nancy Janssens (director)
- Mandate compensation, NORGINE
2005
13-06
State Gazette act
Appointments: Hugh Poulton, Luk Herten and Nancy JanssensMandate compensation5 facts ▸
State Gazette act
Appointments: Hugh Poulton, Luk Herten and Nancy Janssens
Mandate compensation5 facts ▸
- General meeting, 17-05-2005
- Director appointment, Hugh Poulton (managing director)
- Director appointment, Luk Herten (director)
- Director appointment, Nancy Janssens (director)
- Mandate compensation, NORGINE
2004
28-06
State Gazette act
Reappointments: Peter M. Stein (managing director) and Luk Herten (director)Mandate compensation5 facts ▸
State Gazette act
Reappointments: Peter M. Stein (managing director) and Luk Herten (director)
Mandate compensation5 facts ▸
- General meeting, 18-05-2004
- Director reappointment, Peter M. Stein (managing director)
- Director reappointment, Luk Herten (director)
- Mandate compensation, Peter M. Stein
- Mandate compensation, Luk Herten
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
28 of 28 acts read
Directors · office · real estate
Directors
4 directors, 1 in day-to-day management, no change since 2026
Board 4
Eric ALSAC
CurrentDirector · since 09-11-2020
AMIGUES Cécile
CurrentDirector · since 30-04-2023
TAVIER Cyril
CurrentDirector · since 20-09-2024
Dobbelaere Kurt Omer A.
CurrentDirector · since 24-08-2026
2 not recently confirmed
Still in office according to the acts, but no act of the last six years confirms the mandate. It has often ended since, in an act we have not read.
Luk Herten
Not recently confirmedDirector · since 18-05-2004
Ken Scrimgeour
Not recently confirmedDirector · since 19-05-2009
Day-to-day management 1
TAVIER Cyril
CurrentManaging director · since 20-09-2024
1 not recently confirmed
Still in office according to the acts, but no act of the last six years confirms the mandate. It has often ended since, in an act we have not read.
Peter M. Stein
Not recently confirmedManaging director · since 18-05-2004
Statutory auditor 1
Ernst et Young Reviseurs d'Entreprises
CurrentAuditor · since 30-06-2022 · perm. rep.: Christophe BECKERS
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Location & real-estate footprint
Registered office, Leuven · 1 establishment unit since 2024
Ground area
6,606 m²
Building footprint
2,028 m²
Volume, LiDAR
47,312 m³
Parcel 24433E0025/00C002, Flanders · tallest building 32.1 m, ±9 floors. Linked by address, not a title deed.
136
companies at this address
See who is registered here
1 establishment unit
Norgine
since 20242.363.715.497
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24433E0025/00C002 | Flanders | 6,606 m² | 1 · 2,027 m² | 32.0 m · 9 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Mandate history
20 people since 2004, 8 in office
- Board
- Day-to-day management
- Statutory auditor
- not recently confirmed
- began earlier
| Name | Functions and periods |
|---|---|
| Eric ALSAC |
|
| AMIGUES Cécile |
|
| TAVIER Cyril |
|
| Dobbelaere Kurt Omer A. |
|
| Ernst et Young Reviseurs d'Entreprises |
|
| Luk Herten |
|
| Ken Scrimgeour |
|
| Peter M. Stein |
|
| Amigues Cécile Sylvie Marie |
|
| BAPTIST Philip |
|
| ROGMANS Roderik |
|
| BV PwC Bedrijfsrevisoren |
|
| Kenneth Scrimgeour |
|
| Paul Ruelle |
|
| Frank Nooteboom |
|
| Hugh Poulton |
|
| Luc Herten |
|
| Nancy Janssens |
|
| Morten Brandt |
|
| BDO Atrio Bedrijfsrevisoren Burg. CV |
|
Articles of association
Purpose
Het voorwerp van de vennootschap omvat alle mogelijke industriële, commerciële, financiële roerende of onroerende operaties die rechtstreeks of onrechtstreeks betrekking hebben op…
Full purpose
Het voorwerp van de vennootschap omvat alle mogelijke industriële, commerciële, financiële roerende of onroerende operaties die rechtstreeks of onrechtstreeks betrekking hebben op de fabricage en de verhandeling van farmaceutische, chemische, hygiënische, therapeutische en cosmetische producten, alsook van alle mogelijke gelijkaardige producten.
Power of attorney
Structure & network
Owners and holdings
1 ownerChain of control
- Norgine B.V.NL
- Norgine
Highest known parent: Norgine B.V. (Netherlands). The sources do not say who stands above it.
Owners 1
- Norgine B.V.NLparentSourceLEI registerconsolidated
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
4 current directorsThe group is listed under Ownership & control below; here you explore it as a network.
This company
Company
Director
Shareholding
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Ownership & control
1 board mandateControl over this companyparent company per the LEI register1
Norgine B.V.
Amsterdam, Netherlands
controls
NorgineBE 0403.077.461
Board mandates of this companythis company sits on their board1
Capital and shareholders
Capital over the years
- 01-02-2024 Capital stated in the act · 99,157.41 EUR · 600 shares
Recognitions · licences · registrations
Legal Entity Identifier
9676001OMP7LECD97W26
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Of 1,903 companies in sector 46460 we hold annual accounts for 1,126. 514 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded01-01-1930
Fiscal year end31-12
Activities, NACEBEL 2025
46460Wholesale of pharmaceutical and medical goods
E-invoicing
Reachable via Peppol
Peppol ID
0208:0403077461
Also
9925:BE0403077461
Registered
28-11-2025
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.