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Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Figures corrected NBB
Corrected annual account filed for 2024.
Financials
Financial year 2025
GE HEALTHCARE from Machelen (Brab.), company number BE0404632629, closed financial year 2025 with a result of € 16.1 million after tax. For that financial year GE HEALTHCARE recorded revenue of € 103.4 million and equity of € 223.5 million. Compared with financial year 2024, the result moved from € 10.8 million to € 16.1 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 May 29, 2026.
€ 223.5 million
▲ 8% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 16.1 million
▲ 49% vs 2024
Profit after tax over the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 93.5 million.
People and assets in 2025
120.1
▲ 8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 17.8 million
▲ 7% vs 2024
€ 148,000 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.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 19.6 million
▼ 10% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 91 days on average.
€ 8 million
▼ 9% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 80,307,105 | € 87,292,636 | € 94,401,239 | € 103,399,507 | ▲ 10% |
| Profit after taxes | € 58,794,619 | € 12,028,714 | € 10,771,288 | € 16,061,021 | ▲ 49% |
| Equity | € 184,597,802 | € 196,626,516 | € 207,397,804 | € 223,458,825 | ▲ 8% |
| Total debts | € 27,026,300 | € 30,081,443 | € 40,813,158 | € 38,441,809 | ▼ 6% |
| Cash | - | € 362,877 | € 382,666 | - | |
| Land & buildings | € 22,832 | € 21,161 | € 19,491 | € 17,820 | ▼ 9% |
| Retained profit | € 54,597,802 | € 66,626,516 | € 77,397,804 | € 93,458,825 | ▲ 21% |
| Dividend | € 189,144,860 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 212,954,203 | € 227,933,983 | € 249,100,063 | € 262,807,216 | ▲ 6% |
| Employees (FTE) | 111.7 | 108.2 | 112.1 | 120.1 | ▲ 8 |
Key figures of GE HEALTHCARE, 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 GE HEALTHCARE?
What happened at GE HEALTHCARE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 16.1 million (▲ 49% vs 2024). Source: NBB ↗
- New establishment in Mechelen. KBO
- Cosyns Stijn became a director. NBB
- Callebaut Kristof became a director. NBB
- New establishment in Machelen (Brab.). KBO
- Start of the company according to the CBE. KBO
In short
From € 58.8 million profit in 2022 to € 16.1 million profit in 2025.
Paid € 2.2 million in corporate taxes since 2022.
Best year ever: 2022, with € 58.8 million profit.
Paid out € 189.1 million in dividends to the owners in total.
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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
Behind GE HEALTHCARE are Cosyns Stijn and Callebaut Kristof. The shares are held by GE HealthCare International Benelux BV (100%). It owns 100% of GE MEDICAL SYSTEMS Schweiz AG, 100% of GE MEDICAL SYSTEMS POLSKA SP.Z O.O., 100% of SATIS Radioisotopos e Proteccoes contra Sobretensoes Electricas Lda, 100% of GE HEALTHCARE AG, 100% of GE HEALTHCARE Holding France SAS and 100% of GE HEALTHCARE CZESKA REPUBLICA S.R.O. itself.
Directors
According to the 2025 annual accounts
Cosyns Stijn
Director
since 2023
Callebaut Kristof
Director
since 2013
Shareholders
GE HealthCare International Benelux BV
100%
Participations
GE MEDICAL SYSTEMS Schweiz AG
100%
GE MEDICAL SYSTEMS POLSKA SP.Z O.O.
100%
SATIS Radioisotopos e Proteccoes contra Sobretensoes Electricas Lda
100%
GE HEALTHCARE AG
100%
GE HEALTHCARE Holding France SAS
100%
GE HEALTHCARE CZESKA REPUBLICA S.R.O.
100%
GE HEALTHCARE BULGARIA EOOD
100%
GE HEALTHCARE DANMARK A S
100%
GE HEALTHCARE TUNISIA SARL
100%
GE MEDICAL SYSTEMS HONG KONG LTD
50%
GE HEALTHCARE PAKISTAN Private Limited
0%
GE HEALTHCARE AUSTRALIA HOLDINGS PTY LTD
0%
GE MIDDLE EAST HEALTHCARE SERVICES
0%
GE HEALTHCARE PORTUGAL SOCIEDEDE UNIPESSONAL LDA
0%
Establishments
Establishment units
Physical locations of this company
Kouterveldstraat 20
1831 Machelen (Brab.)
Generaal De Wittelaan 19 box 7
2800 Mechelen
Active since 2 October 2024
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0404.632.629
- VAT number
- BE 0404.632.629
- Registered office
- Kouterveldstraat 20, 1831 Machelen (Brab.)
- Names & denominations
- GE HEALTHCARE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 7 July 1920
- Peppol
- Active · Active since 18 Dec 2025
- Activities · NACE
Groothandel in farmaceutische en medische artikelen
Groothandel in farmaceutische producten
Vervaardiging van medische en tandheelkundige instrumenten en benodigdheden
Vervaardiging van elektrische apparaten voor de geneeskunde, de tandheelkunde en de veeartsenijkunde
Vervaardiging van elektrische huishoudapparaten