Financials
- Financial year
- 2025
- Turnover
- €113.3m
- Loss
- -€10.4m
- Solvency
- 25.0%
Turnover▲ 5.9%
Net result
20182025
Summary
Palex Belgium has a registered holding activity and consists mainly of financial fixed assets; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €79.7m and a net result of -€10.4m. Equity is growing by about 21% per year across the filed financial years. Its solvency ranks better than 37% of 4,937 sector peers (NACE 47, financial year 2025). The company has been active since 1977 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Activity
Retail sale of medical and orthopaedic goods, excluding prescription glasses and lenses
NACE 47741Wholesale of pharmaceutical and medical goods NACE 46460
2nd largest company by total assets in the province of Antwerp, Retail trade sector3 sites
Size
€113.3mturnover 2025
- Staff
- 214.2 FTE
- Equity
- €79.7m
- Loss
- -€10.4m
Financial health
Holding: outside the score modelBankruptcy probability: sector outside the model
Structure
- Parent
- Palex Healthcare Group Belgium · 100%
- Holdings
- 18
- LEVICOManaging director · permanent representative Geert Kuys
- Diogo Santos de LimaDirector
- Lana GybelsDirector
Auditor: Deloitte Bedrijfsrevisoren/Réviseurs d'Entreprises BVAccounts 4 days early
SignalsneutralLatest accounts filed on timeShow the evidence
Checked score
Outside the general model
Holding: general score not applicable
The company has a registered holding activity and financial fixed assets account for more than half of its assets. The general operating-company model is unsuitable for this profile, so we show no financial axes either. Filed figures remain available.
Bankruptcy probability, 12 months
This is a financial institution (bank, insurer or financial holding). A bank balance sheet works differently from that of an ordinary trading or manufacturing company. We therefore show no bankruptcy probability rather than a misleading figure.
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Signals
1 signal.
neutral
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 27-07-2026, 4 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
4 days early
2024
3 days early
2023
16 days early
2022
35 days late
2021
6 days early
2020
32 days early
2019
76 days late
← 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 7 days after the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% 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 27 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
15-10-2026 today31-12-2026 year end31-07-2027 deadline
- Amendment of the articles · NameName change · Power of…
- Annual accounts filedfinancial year 2025 · full…
- Registered officeRegistered-office move
Key points
- Caution: From profit to loss in 2025after €34.1m in 2024 -€10.4m View
- Caution: Among the weakest 5% on net resultsector median €40,683 · 4,937 companies -€10.4m View
- Board changedlatest change 12-12-2025 · 3 in office 2 joined · 2 left View
- Controlled by Palex Healthcare Group Belgiumultimately: PALEX HEALTHCARE GROUP, SLU 100% View
- Active since 1977founded 07-02-1977 49 years View
- Flemish supportawarded from 2023 to 2025 €110,943 View
By topic
Board & ownership
- Board
- 3 members
- Parent
- Palex Healthcare Group Belgium · 100%
- Auditor
- Deloitte Bedrijfsrevisoren/Réviseurs d'Entreprises BV
- LEVICOManaging director
- Diogo Santos de LimaDirector
- Lana GybelsDirector
Network & group
- Group
- PALEX HEALTHCARE GROUP, SLU
- Subsidiaries
- 9
- Holdings
- 18
- Connected companies
- 18
18 holdings
Timeline
- Events
- 96
- Since
- 1979
- Next accounts
- by 31-07-2027
- 15-01-2026Resignations: FH IMPACT MANAGEMENT BV, D&Q FINEXPERTS…
- 31-12-2025Weakest financial year
- 10-10-2025Appointment: D&Q FINEXPERTS BV (director)
Company details
- Sites
- 3
- Legal form
- Public limited company
- Activity
- Retail sale of medical and orthopaedic goods, excluding…NACE 47741
- Founded
- 07-02-1977
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 3
- Annual meeting
- Third Friday of June at 14:00
- Purpose
- “De vennootschap heeft als voorwerp zowel in België als in het buitenland: - de…” (deed in Dutch)
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