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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.
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Busy address KBO
68 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Medtronic Belgium from Jette, company number BE0415262839, closed financial year 2025 with a result of € 3.6 million after tax. For that financial year Medtronic Belgium recorded revenue of € 196.3 million and equity of € 46.9 million. Compared with financial year 2024, the result moved from € 3.3 million to € 3.6 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 30, 2025.
€ 46.9 million
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 3.6 million
▲ 8% vs 2024
Profit after tax over the fiscal year.
€ 59.1 million
▲ 17% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 3 million paid out
83 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
255.7
▼ 2.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 53.7 million
▲ 2% vs 2024
€ 210,100 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.
€ 1,130
▼ 24% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 44.1 million
▲ 21% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 106 days on average.
€ 15 million
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 177,476,272 | € 184,395,100 | € 193,428,762 | € 196,313,277 | ▲ 1% |
| Profit after taxes | € 2,896,756 | € 3,603,499 | € 3,340,080 | € 3,601,585 | ▲ 8% |
| Equity | € 46,447,741 | € 45,984,737 | € 46,324,818 | € 46,926,402 | ▲ 1% |
| Total debts | € 53,220,897 | € 55,031,093 | € 56,723,471 | € 63,442,755 | ▲ 12% |
| Cash | € 53,627,630 | € 47,000,083 | € 50,381,299 | € 59,112,216 | ▲ 17% |
| Retained profit | € 3,750,654 | € 3,287,650 | € 3,627,730 | € 4,229,315 | ▲ 17% |
| Dividend | € 2,433,497 | € 4,066,503 | € 3,000,000 | € 3,000,000 | |
| Balance sheet total | € 100,663,284 | € 101,015,830 | € 103,178,112 | € 110,369,158 | ▲ 7% |
| Employees (FTE) | 245.5 | 261.5 | 258.5 | 255.7 | ▼ 2.8 |
Key figures of Medtronic Belgium, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 November 2026.
What happened to Medtronic Belgium?
What happened at Medtronic Belgium in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Bothof Willem stepped down as director. NBB
- Parthoens Ralf stepped down as director. NBB
- Vander Kelen Bart stepped down as director. NBB
- Vander Kelen Bart became a director. NBB
- New annual accounts for financial year 2025: profit of € 3.6 million (▲ 8% vs 2024). Source: NBB ↗
- Bothof Willem became a director. NBB
- Parthoens Ralf became a director. NBB
- New establishment in Jette. KBO
In short
From € 2.9 million profit in 2022 to € 3.6 million profit in 2025.
Paid € 10.3 million in corporate taxes since 2022.
Best year ever: 2023, with € 3.6 million profit.
Paid out € 12.5 million in dividends to the owners in total.
A new publication or filing at Medtronic Belgium? We notify you, reason included.
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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
Bothof Willem
Managing director
since 2025 · until 2028
Parthoens Ralf
Managing director
since 2016 · until 2028
Vander Kelen Bart
Director
since 2028 · until 2028
Establishments
Establishment units
Physical locations of this company
Burgemeester Etienne Demunterl. 5
1090 Jette
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 68 companies are registered at this address.
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€ 2.9 million gross margin · 2024
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€ 12.4 million gross margin · 2025
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€ 166,815 gross margin · 2025
Groupe Audit Belgium
€ 1.7 million gross margin · 2025
+63 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
- 0415.262.839
- VAT number
- BE 0415.262.839
- Registered office
- Burgemeester Etienne Demunterl. 5, 1090 Jette
- Names & denominations
- Medtronic Belgium
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 29 April 1975
- Peppol
- Active · Active since 19 Dec 2025
- Activities · NACE
Groothandel in farmaceutische en medische artikelen
Groothandel in farmaceutische producten