MSD Belgium SRL
171.5 FTEMSD Belgium reported revenue of €506.5m for the 2025 financial year (annual accounts filed with the NBB on 29 Jun 2026), with 171.5 full-time equivalents.
The score of MSD Belgium shows with a free account.
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- Balance sheet strength
- Liquidity
- Repayment capacity
- Profitability
- Trajectory
- Compliance and register
- Position in its sectorvs peers
- Supplier creditat 30 d
- Borrowing capacityborrowable
- Valuationcentral
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Key figures 2025
Change 2022 → 2025: Revenue -2 % Equity +12 % Total assets +15 % Headcount (avg FTE) +14 %
Accounts of the company itself (not consolidated).
The full file covers 14 financial years; a free account shows 2. →Deterministic calculation on the filed accounts, no AI. Dispute the score or report an error
MSD Belgium's annual accounts
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Revenue | €506.5m | ||||
| Net result | €13.6m | ||||
| Equity | €42.4m | ||||
| Cash | 0 € | ||||
| EBITDA | €17.9m | ||||
| Total assets | €150.3m |
Filed annual accounts
- Year ended 31 Dec 2025filed on 29 Jun 2026
- Year ended 31 Dec 2024filed on 27 Jun 2025
- Year ended 31 Dec 2023filed on 27 Jun 2024
- Year ended 31 Dec 2022filed on 29 Jun 2023
- Year ended 31 Dec 2021filed on 04 Jul 2022
MSD Belgium's financial analysis
- Solvency28.2%sector median: 32.3%
- Current ratio
- Net margin
- ROE
- Financial debt / EBITDA
- Interest coverage
- Days sales outstanding (DSO)
Management and control of MSD Belgium
MSD Belgium's publications in the Belgian Gazette
Company number, VAT number and registered office
- Company number (CBE)
- 0406.820.770
- VAT number
- BE0406820770
- Peppol
- Registered · 0208:0406820770 · as of 10 Nov 2026
- Legal form
- SRL
- Incorporated
- 23 Oct 1969
- Registered office
- 1170 Watermael-Boitsfort
- Size
- Medium · 171.5 FTE
- Latest accounts
- 2025 · filed on 29 Jun 2026
- Activity
- Wholesale of pharmaceutical and medical goods (NACE 46460)
MSD Belgium (SRL) has been based in Watermael-Boitsfort since 1969, active in: wholesale of pharmaceutical and medical goods. For 2025, it reports revenue of €506.5m, a net profit of €13.6m and equity of €42.4m. With 171.5 full-time equivalents, it is a medium-sized enterprise by headcount. Its solvency stands at 28.2%, below the median of its sector (32.3%).
Guide: Checking a Belgian supplier invoice: numbers and IBAN →
Companies similar to MSD Belgium
Companies in the same business, of comparable size and area, outside its group.
- MSD Europe Belgium Wholesale of pharmaceutical and medical goods Watermael-Boitsfort · balance sheet €58.5m
- Novartis Pharma Wholesale of pharmaceutical and medical goods Machelen (Brab.) · balance sheet €168.8m
- Janssen-Cilag Wholesale of pharmaceutical and medical goods Beerse · balance sheet €188.0m
- Centre Europeen de Repartition Pharmaceutique Wholesale of pharmaceutical and medical goods Anderlecht · balance sheet €127.7m
- EG Wholesale of pharmaceutical and medical goods Brussels · balance sheet €113.6m
- UPSA Belgium Wholesale of pharmaceutical and medical goods Etterbeek · balance sheet €104.2m
- CSL Behring Wholesale of pharmaceutical and medical goods Mechelen · balance sheet €92.0m
- Eli Lilly Benelux Wholesale of pharmaceutical and medical goods Brussels · balance sheet €79.7m
Frequently asked questions about MSD Belgium
What is the revenue of MSD Belgium?
According to the 2025 annual accounts filed with the NBB, the revenue of MSD Belgium amounts to 506,476,043 €.
What is the VAT number of MSD Belgium?
In Belgium, the VAT number is the company number prefixed with BE: BE0406820770 for MSD Belgium, if the company is VAT-registered. Its company number (CBE) is 0406.820.770.
Where is the registered office of MSD Belgium?
According to the CBE register, the registered office of MSD Belgium is in 1170 Watermael-Boitsfort.
What is the equity of MSD Belgium?
At the close of the 2025 financial year, the equity of MSD Belgium amounts to 42,378,375 €, a solvency of 28.2% of total assets.
How many people work at MSD Belgium?
171.5 full-time equivalents on average according to the 2025 social balance sheet.
Who manages MSD Belgium?
The register lists 3 active mandates at MSD Belgium. Names and roles are in the full file, with the deeds published in the Belgian Gazette.
The full file of MSD Belgium
Directors and mandates, ownership network, Gazette deeds, ten years of accounts and ratios, Excel export, and Idonis's analysis in one question.
Open the full file →