Financials
Financial year 2025
ASSOCIATION GENERALE DE L'INDUSTRIE DU MEDICAMENT - ALGEMENE VERENIGING VAN DE GENEESMIDDELENINDUSTRIE from Brussel, company number BE0407622902, closed financial year 2025 with a result of € 432,264 after tax. For that financial year ASSOCIATION GENERALE DE L'INDUSTRIE DU MEDICAMENT - ALGEMENE VERENIGING VAN DE GENEESMIDDELENINDUSTRIE recorded revenue of € 10.4 million and equity of € 6.7 million. Compared with financial year 2024, the result moved from € 289,650 to € 432,264. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 16, 2026.
€ 6.7 million
▲ 7% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 432,264
▲ 49% vs 2024
Profit after tax over the fiscal year.
€ 4.8 million
▲ 38% vs 2024
Cash and bank balances on the last day of the fiscal year.
People and assets in 2025
28.6
▲ 2.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 5.7 million
▲ 7% vs 2024
€ 197,700 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 95,684
▲ 13% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 684,890
▼ 2% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 54 days on average.
€ 1.1 million
▲ 3% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 8,798,013 | € 9,771,280 | € 9,946,202 | € 10,374,065 | ▲ 4% |
| Profit after taxes | € 548,572 | € 788,814 | € 289,650 | € 432,264 | ▲ 49% |
| Equity | € 5,211,318 | € 6,000,132 | € 6,289,782 | € 6,722,046 | ▲ 7% |
| Total debts | € 1,363,833 | € 1,760,114 | € 2,212,716 | € 2,534,739 | ▲ 15% |
| Cash | € 3,248,608 | € 4,069,982 | € 3,476,900 | € 4,798,179 | ▲ 38% |
| Retained profit | € 3,068,009 | € 3,856,823 | € 4,146,473 | € 4,578,737 | ▲ 10% |
| Balance sheet total | € 6,589,595 | € 8,035,350 | € 8,503,023 | € 9,257,310 | ▲ 9% |
| Employees (FTE) | 24.4 | 24.9 | 26.3 | 28.6 | ▲ 2.3 |
Key figures of ASSOCIATION GENERALE DE L'INDUSTRIE DU MEDICAMENT - ALGEMENE VERENIGING VAN DE GENEESMIDDELENINDUSTRIE, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to ASSOCIATION GENERALE DE L'INDUSTRIE DU MEDICAMENT - ALGEMENE VERENIGING VAN DE GENEESMIDDELENINDUSTRIE?
What happened at ASSOCIATION GENERALE DE L'INDUSTRIE DU MEDICAMENT - ALGEMENE VERENIGING VAN DE GENEESMIDDELENINDUSTRIE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Almirall NV stepped down as director. NBB
- Amgen NV stepped down as director. NBB
- MSD Belgium BVBA stepped down as director. NBB
- Roche NV stepped down as director. NBB
- Novo Nordisk pharma stepped down as director. NBB
- UCB Pharma NV stepped down as director. NBB
- Takeda Belgium Nv stepped down as director. NBB
- Eli Lilly Benelux NV stepped down as director. NBB
In short
From € 548,572 profit in 2022 to € 432,264 profit in 2025.
Paid € 265 in corporate taxes since 2022.
Best year ever: 2023, with € 788,814 profit.
Pays suppliers within 54 days on average.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Directors
According to the 2025 annual accounts
Director · represented by Bart Vermeulen
since 2023 · until 2026
Director · represented by Gregory Paton
since 2025 · until 2028
Director · represented by Federico Mambretti
since 2023 · until 2026
Director · represented by Angela Thompson
since 2023 · until 2026
Director · represented by Sara Schaufelberger
since 2025 · until 2028
Chairman of the board · represented by Frédéric Clais
since 2024 · until 2027
Director · represented by Katrien De Vos
since 2025 · until 2028
Director · represented by Renaud Decroix
since 2024 · until 2027
Director · represented by Marie-José Borst
since 2025 · until 2028
Bristol-Myers Squibb Belgium SA
Director · represented by Sally McNab
since 2023 · until 2026
Director · represented by Axel De Muyt
since 2025 · until 2028
since 2025 · until 2028
GlaxoSmithKline Pharmaceuticals SA
Director · represented by Frédéric Martin
since 2024 · until 2027
Director · represented by Bruno Rabilier
since 2025 · until 2028
Director · represented by Roxana Botea
since 2023 · until 2026
Director · represented by Niels Hessmann
since 2024 · until 2027
Director · represented by Réginald Decraene
since 2024 · until 2027
Establishments
Establishment units
Physical locations of this company
Kantersteen 47
1000 Brussel
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0407.622.902
- VAT number
- BE 0407.622.902
- Registered office
- Kantersteen 47, 1000 Brussel
- Names & denominations
- ASSOCIATION GENERALE DE L'INDUSTRIE DU MEDICAMENT - ALGEMENE VERENIGING VAN DE GENEESMIDDELENINDUSTRIE · A.G.I.M.A.V.G.I.
- Enterprise type
- Rechtspersoon
- Legal form
- Non-profit association
- Legal situation
- Normale toestand
- Start date
- 26 October 1966
- Peppol
- Active · Active since 9 Dec 2025
- Activities · NACE
Activiteiten van bedrijfs- en werkgeversorganisaties
Bedrijfs- en werkgeversorganisaties
Overige zakelijke dienstverlening, neg
Overige zakelijke dienstverlening, n.e.g.