Active · per the CBE, 28 September 2026

ASSOCIATION GENERALE DE L'INDUSTRIE DU MEDICAMENT - ALGEMENE VERENIGING VAN DE GENEESMIDDELENINDUSTRIE

BE0407622902

Rechtspersoon Non-profit association 1 establishment

ASSOCIATION GENERALE DE L'INDUSTRIE DU MEDICAMENT - ALGEMENE VERENIGING VAN DE GENEESMIDDELENINDUSTRIE is a business association in Brussel. Non-profit, started on 26 October 1966, 1 establishment.

Kantersteen 47, 1000 Brussel

Active for

59 year, 11 months

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.

What it is worth Growing

€ 6.7 million

▲ 7% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 432,264

▲ 49% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 4.8 million

▲ 38% vs 2024

Cash and bank balances on the last day of the fiscal year.

People and assets in 2025

Full-time equivalents

28.6

▲ 2.3 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 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.

Vehicles and equipment

€ 95,684

▲ 13% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 684,890

▼ 2% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 54 days on average.

Taxes and wages

€ 1.1 million

▲ 3% vs 2024

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 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.

Management

Directors

According to the 2025 annual accounts

Sanofi Belgium NV

Director · represented by Bart Vermeulen

since 2023 · until 2026

Almirall NV

Director · represented by Gregory Paton

since 2025 · until 2028

Novartis Pharma NV

Director · represented by Federico Mambretti

since 2023 · until 2026

AstraZeneca NV

Director · represented by Angela Thompson

since 2023 · until 2026

Amgen NV

Director · represented by Sara Schaufelberger

since 2025 · until 2028

Eli Lilly Benelux NV

Chairman of the board · represented by Frédéric Clais

since 2024 · until 2027

MSD Belgium BVBA

Director · represented by Katrien De Vos

since 2025 · until 2028

Abbvie SA

Director · represented by Renaud Decroix

since 2024 · until 2027

Roche NV

Director · represented by Marie-José Borst

since 2025 · until 2028

Bristol-Myers Squibb Belgium SA

Director · represented by Sally McNab

since 2023 · until 2026

Novo Nordisk pharma

Director · represented by Axel De Muyt

since 2025 · until 2028

UCB Pharma NV

Vice-chairman of the board · represented by Xavier Hormaechea

Also active at: BIOWIN

since 2025 · until 2028

GlaxoSmithKline Pharmaceuticals SA

Director · represented by Frédéric Martin

since 2024 · until 2027

Takeda Belgium Nv

Director · represented by Bruno Rabilier

since 2025 · until 2028

Janssen-Cilag NV

Director · represented by Roxana Botea

since 2023 · until 2026

Bayer NV

Director · represented by Niels Hessmann

since 2024 · until 2027

Pfizer NV

Director · represented by Réginald Decraene

since 2024 · until 2027

Establishments

Establishment units

Physical locations of this company

Registered office

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.

Frequently asked questions

What does ASSOCIATION GENERALE DE L'INDUSTRIE DU MEDICAMENT - ALGEMENE VERENIGING VAN DE GENEESMIDDELENINDUSTRIE do?
ASSOCIATION GENERALE DE L'INDUSTRIE DU MEDICAMENT - ALGEMENE VERENIGING VAN DE GENEESMIDDELENINDUSTRIE is a business association in Brussel. Non-profit, started on 26 October 1966, 1 establishment.
What is the address of ASSOCIATION GENERALE DE L'INDUSTRIE DU MEDICAMENT - ALGEMENE VERENIGING VAN DE GENEESMIDDELENINDUSTRIE?
The registered office of ASSOCIATION GENERALE DE L'INDUSTRIE DU MEDICAMENT - ALGEMENE VERENIGING VAN DE GENEESMIDDELENINDUSTRIE is located at Kantersteen 47, 1000 Brussel.
Is ASSOCIATION GENERALE DE L'INDUSTRIE DU MEDICAMENT - ALGEMENE VERENIGING VAN DE GENEESMIDDELENINDUSTRIE still active?
Yes. According to the CBE (28 September 2026) ASSOCIATION GENERALE DE L'INDUSTRIE DU MEDICAMENT - ALGEMENE VERENIGING VAN DE GENEESMIDDELENINDUSTRIE is active, legal situation “Normale toestand”, started on 26 October 1966.
Is ASSOCIATION GENERALE DE L'INDUSTRIE DU MEDICAMENT - ALGEMENE VERENIGING VAN DE GENEESMIDDELENINDUSTRIE registered on Peppol?
Yes, ASSOCIATION GENERALE DE L'INDUSTRIE DU MEDICAMENT - ALGEMENE VERENIGING VAN DE GENEESMIDDELENINDUSTRIE is registered on the Peppol network with ID 0208:0407622902.
What is the enterprise number of ASSOCIATION GENERALE DE L'INDUSTRIE DU MEDICAMENT - ALGEMENE VERENIGING VAN DE GENEESMIDDELENINDUSTRIE?
The enterprise number of ASSOCIATION GENERALE DE L'INDUSTRIE DU MEDICAMENT - ALGEMENE VERENIGING VAN DE GENEESMIDDELENINDUSTRIE is BE0407622902.
When was ASSOCIATION GENERALE DE L'INDUSTRIE DU MEDICAMENT - ALGEMENE VERENIGING VAN DE GENEESMIDDELENINDUSTRIE founded?
ASSOCIATION GENERALE DE L'INDUSTRIE DU MEDICAMENT - ALGEMENE VERENIGING VAN DE GENEESMIDDELENINDUSTRIE was founded on 26 October 1966.