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Perrigo Belgium

Active
Public limited companyfounded 1977active for 49 yearsGaston Crommenlaan 6, 9050 Gent, Belgium23 active companies are registered at this addressKBO/BCE: BE 0417.132.860
Summary

Perrigo Belgium has been active since 1977 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €514.7m and a net result of €9.7m. Equity is shrinking by about 12% per year across the filed financial years. Its solvency ranks better than 95% of 6,131 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Wholesale of other household goods
NACE 46499Wholesale of pharmaceutical and medical goods NACE 46460
3rd largest company by equity in Ghent, Wholesale and retail trade sector1 site
Size
€44.6mturnover 2025
Staff
52.5 FTE
Equity
€514.7m
Profit
€9.7m
Financial health
96 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Structure
Parent
Perrigo Capital · 79.89%
Holdings
5
Auditor: BDO Bedrijfsrevisoren bvAccounts 53 days early8 of 52 deeds read
Why 96raises riskLiquidity: current ratio 28.71, cash €66,069lowers riskFounded in 1977Size: turnover €44.6m, 52.5 FTE, total assets €529.1mEquity €514.7m (97.3% of total assets)Show the evidence

Checked score

Score 2025
96 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 72% of its sector peers (NACE 46, medium-sized)
Financial strength · tick = 2023
Strong
Solvency 100=
equity 97.3% of total assets
Liquidity 50=
short-term debt 2.7% · cash 0.0%
Profitability 62-7
return on assets 1.8%
Bankruptcy probability, 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% (746 companies, NACE 46, medium-sized)
Last 24 months 11-2024: 0.3% 12-2024: 0.3%● unchanged vs 11-2024 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.2%▼ -0.1 percentage points vs 01-2025 03-2025: 0.3%▲ +0.1 percentage points vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.3%● unchanged vs 06-2025 08-2025: 0.4%▲ +0.1 percentage points vs 07-2025 09-2025: 0.6%▲ +0.2 percentage points vs 08-2025 10-2025: 1.2%▲ +0.6 percentage points vs 09-2025 11-2025: 1.3%▲ +0.1 percentage points vs 10-2025 12-2025: 1.4%▲ +0.1 percentage points vs 11-2025 01-2026: 1.9%▲ +0.5 percentage points vs 12-2025highest value 02-2026: 1.9%● unchanged vs 01-2026highest value 03-2026: 1.9%● unchanged vs 02-2026highest value 04-2026: 1.7%▼ -0.2 percentage points vs 03-2026 05-2026: 1.0%▼ -0.7 percentage points vs 04-2026 06-2026: 1.0%● unchanged vs 05-2026 07-2026: 0.1%▼ -0.9 percentage points vs 06-2026lowest value 08-2026: 0.1%● unchanged vs 07-2026lowest value 09-2026: 0.1%● unchanged vs 08-2026lowest value 10-2026: 0.1%● unchanged vs 09-2026lowest value
Credit of up to €4,450,000 on 30-day terms is acceptable
Liquidity ample (current ratio 28.71, compared with 32.81 in 2023, above the usual 1.5; short-term debt: 2.7% and cash: 0% of total assets), and 2.7% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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, medium-sized): better than 93% on solvency, 71% on liquidity and 54% on profitability.

The bankruptcy probability was computed on 23-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Founded in 1977
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Liquidity: current ratio 28.71, cash €66,069
NBB · annual accounts
lowers risk · Size: turnover €44.6m, 52.5 FTE, total assets €529.1m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Equity €514.7m (97.3% of total assets)
NBB · annual accounts
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 08-06-2026, 53 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
53 days early
2024
43 days early
2023
69 days early
2022
67 days early
2021
41 days early
2020
47 days early
2019
35 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 51 days before the deadline; the sector median (NACE 46) for financial year 2024 is 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 8 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
23-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Resignation: Anja van Winsberghe (director)Appointment: Jonas Dhaenens (director) ·…
  2. Annual accounts filedfinancial year 2025 · full…
  3. Equity above €500mequity €514.7m ▲3.3%

Key points

  • Positive: Among the best 5% on solvencysector median 45.2% · 6,131 companies 97.3% View
  • Board changedlatest change 22-05-2026 · 3 in office 1 joined · 2 left View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Controlled by Perrigo Capitalknown shareholders 100% 79.89% View
  • Merger with BIOVERmerger on 19-06-2024 2024 View
  • Active since 1977founded 05-05-1977 49 years View

By topic

Financials

Financial year
2025
Turnover
€44.6m
Profit
€9.7m
Solvency
97.3%
Turnover▼ 10.7%
Net result
20182025
Go to Financials

Board & ownership

Board
3 members
Parent
Perrigo Capital · 79.89%
Known shareholders
100%
Auditor
BDO Bedrijfsrevisoren bv
  • Magali VerbraekenDirector
  • Ronald van WorkumManaging director
  • Jonas DhaenensDirector
Go to Board & ownership

Network & group

Group
Perrigo Company PLC
Subsidiaries
5
Mergers and asset contributions
2

5 subsidiaries

Go to Network & group

Timeline

Events
64
Since
1978
Next accounts
by 31-07-2027
  1. 22-12-2025Resignations: EY Bedrijfsrevisoren BV (statutory auditor) and…
  2. 18-06-2025Annual accounts filed
  3. 15-10-2024Resignation: Mira De Maeyer (director)
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Wholesale of other household goodsNACE 46499
Founded
05-05-1977
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
3
Purpose
“De vennootschap heeft tot voorwerp: de handel, de verkoop en de verdeling van…” (deed in Dutch)
Go to Articles of association

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