Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 32 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
10 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
BAXALTA BELGIUM MANUFACTURING from Lessines, company number BE0563700454, closed financial year 2025 with a result of € 27.1 million after tax. For that financial year BAXALTA BELGIUM MANUFACTURING recorded revenue of € 345 million and equity of € 533.8 million. Compared with financial year 2024, the result moved from € 23.9 million to € 27.1 million. 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 October 6, 2025.
€ 533.8 million
▲ 17% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 27.1 million
▲ 13% vs 2024
Profit after tax over the fiscal year.
€ 292,676
▲ 60% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 224.7 million.
People and assets in 2025
1,187.7
▼ 1.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 118 million
▲ 2% vs 2024
€ 99,400 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.
€ 6.7 million
▲ 25% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 19.6 million
▲ € 17.6 million vs 2024
Loans from banks and other lenders, long and short.
€ 79.8 million
▼ 11% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 162 days on average.
€ 38 million
▲ 14% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 274,827,246 | € 299,974,790 | € 323,242,382 | € 345,047,687 | ▲ 7% |
| Profit after taxes | € 19,229,113 | € 21,497,476 | € 23,876,810 | € 27,071,029 | ▲ 13% |
| Equity | € 413,765,318 | € 434,377,098 | € 457,777,799 | € 533,776,599 | ▲ 17% |
| Total debts | € 83,960,731 | € 87,077,526 | € 125,256,800 | € 137,380,146 | ▲ 10% |
| Cash | € 4,325 | € 86,715 | € 183,065 | € 292,676 | ▲ 60% |
| Land & buildings | € 69,791,759 | € 70,651,278 | € 86,368,882 | € 87,619,536 | ▲ 1% |
| Retained profit | € 152,223,996 | € 173,721,472 | € 197,598,283 | € 224,669,311 | ▲ 14% |
| Bank debt | € 17,585,065 | € 0 | € 1,947,916 | € 19,573,365 | ▲ € 17.6 million |
| Balance sheet total | € 497,842,795 | € 521,565,705 | € 583,139,775 | € 671,256,496 | ▲ 15% |
| Employees (FTE) | 1,164.9 | 1,172.9 | 1,189 | 1,187.7 | ▼ 1.3 |
Key figures of BAXALTA BELGIUM MANUFACTURING, 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 October 2026.
What happened to BAXALTA BELGIUM MANUFACTURING?
What happened at BAXALTA BELGIUM MANUFACTURING in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Valérie DE SCHUTTER stepped down as director. NBB
- François HUPET stepped down as director. NBB
- Patricia DENEGRI stepped down as director. NBB
- Geoffrey POT stepped down as director. NBB
- Indrajana MOELJADI stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 27.1 million (▲ 13% vs 2024). Source: NBB ↗
- Valérie DE SCHUTTER became a director. NBB
- François HUPET became a director. NBB
In short
From € 19.2 million profit in 2022 to € 27.1 million profit in 2025.
Paid € 35.3 million in corporate taxes since 2022.
Best year ever: 2025, with € 27.1 million profit.
Pays suppliers within 162 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
Valérie DE SCHUTTER
Director
since 2022 · until 2027
François HUPET
Director
since 2022 · until 2027
Patricia DENEGRI
Director
since 2021 · until 2026
since 2020 · until 2026
Indrajana MOELJADI
Director
since 2021 · until 2026
Establishments
Establishment units
Physical locations of this company
Boulevard René Branquart(L) 80
7860 Lessines
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 10 companies are registered at this address.
All companies at this address →BAXTER
€ 106.6 million revenue · 2025
Baxter R and D Europe
€ 58.8 million revenue · 2025
Baxter World Trade
€ 8 million revenue · 2025
Baxter Pension Fund Belgium
BAXTER SERVICES EUROPE
€ 10.7 million revenue · 2025
+5 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0563.700.454
- VAT number
- BE 0563.700.454
- Registered office
- Boulevard René Branquart(L) 80, 7860 Lessines
- Names & denominations
- BAXALTA BELGIUM MANUFACTURING
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 6 October 2014
- Peppol
- Active · Active since 16 Dec 2025
- Activities · NACE
Vervaardiging van geneesmiddelen
Vervaardiging van farmaceutische grondstoffen