What does Medizorg do?

Medizorg is a specialist medical practice in Merelbeke-Melle. Cooperative, started on 1 April 1980, 62 establishments.

What is the address of Medizorg?

The registered office of Medizorg is located at Hundelgemsesteenweg 101B box 5, 9820 Merelbeke-Melle.

Is Medizorg still active?

Yes. According to the CBE (29 October 2026) Medizorg is active, legal situation “Normale toestand”, started on 1 April 1980.

Is Medizorg registered on Peppol?

Yes, Medizorg is registered on the Peppol network with ID 0208:0420397307.

What is the enterprise number of Medizorg?

The enterprise number of Medizorg is BE0420397307.

When was Medizorg founded?

Medizorg was founded on 1 April 1980.

Who are the directors of Medizorg?

According to the 2026 annual accounts, the directors of Medizorg are: Alexander Baekelandt, Philippe Geysens, Rik Joos.

Is Medizorg a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 1 April 1980; 5 annual accounts filed, latest fiscal year 2026; 3 directors known from the annual account; 62 establishments in the CBE.

How much profit did Medizorg make in 2026?

Medizorg posted a profit after taxes of € 5,902,257 in financial year 2026.

What is the revenue of Medizorg?

In its most recent annual accounts (2026), Medizorg reported revenue of € 22,166,312.

How much does an employee at Medizorg earn?

The average wage cost per full-time employee at Medizorg was € 69,300 in 2026: staff costs of € 1.6 million for 22.4 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does Medizorg have?

According to the 2026 annual accounts, Medizorg has 22.4 full-time equivalents (FTE).

Medizorg (Cooperative) - Merelbeke-Melle - BE0420397307

Dossier Medizorg, printed on 29 October 2026 from databakkes.be/en/0420397307/medizorg. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2026

Medizorg from Merelbeke-Melle, company number BE0420397307, closed financial year 2026 with a result of € 5.9 million after tax. For that financial year Medizorg recorded revenue of € 22.2 million and equity of € 56.4 million. Compared with financial year 2025, the result moved from € 6.9 million to € 5.9 million. The company is profitable. 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 16, 2026.

What it is worth Growing

€ 56.4 million

▲ 7% vs 2025

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 5.9 million

▼ 14% vs 2025

Profit after tax over the fiscal year.

Cash in the bank

€ 3.4 million

▼ 48% vs 2025

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 2.2 million paid out

37 % of the profit went to the shareholders, the rest stayed in the company.

People and assets in 2026

Full-time equivalents

22.4

▼ 1.1 vs 2025

Average over the fiscal year, from the social balance sheet.

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 12 million in 2026, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 1.6 million

€ 69,300 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.

Vehicles and equipment

€ 273,108

▼ 6% vs 2025

Book value of vehicles, furniture and equipment.

Debts at end 2026

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 429,977

▼ 44% vs 2025

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 13 days on average.

Taxes and wages

€ 756,735

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2023	2024	2025	2026	Change 2025 → 2026
Revenue	€ 21,047,606 Revenue 2023: € 21,047,606 First fiscal year in the series	€ 22,464,698 Revenue 2024: € 22,464,698 ▲ 7% vs 2023 (€ 21,047,606) Favourable step	€ 23,832,761 Revenue 2025: € 23,832,761 ▲ 6% vs 2024 (€ 22,464,698) Favourable step	€ 22,166,312 Revenue 2026: € 22,166,312 ▼ 7% vs 2025 (€ 23,832,761) Unfavourable step	▼ 7%
Profit after taxes	€ 5,962,673 Profit after taxes 2023: € 5,962,673 First fiscal year in the series	€ 7,027,784 Profit after taxes 2024: € 7,027,784 ▲ 18% vs 2023 (€ 5,962,673) Favourable step	€ 6,869,943 Profit after taxes 2025: € 6,869,943 ▼ 2% vs 2024 (€ 7,027,784) Unfavourable step	€ 5,902,257 Profit after taxes 2026: € 5,902,257 ▼ 14% vs 2025 (€ 6,869,943) Unfavourable step	▼ 14%
Equity	€ 40,556,495 Equity 2023: € 40,556,495 First fiscal year in the series	€ 46,869,874 Equity 2024: € 46,869,874 ▲ 16% vs 2023 (€ 40,556,495) Favourable step	€ 52,772,133 Equity 2025: € 52,772,133 ▲ 13% vs 2024 (€ 46,869,874) Favourable step	€ 56,409,272 Equity 2026: € 56,409,272 ▲ 7% vs 2025 (€ 52,772,133) Favourable step	▲ 7%
Total debts	€ 1,898,079 Total debts 2023: € 1,898,079 First fiscal year in the series	€ 1,873,550 Total debts 2024: € 1,873,550 ▼ 1% vs 2023 (€ 1,898,079) Favourable step	€ 1,672,940 Total debts 2025: € 1,672,940 ▼ 11% vs 2024 (€ 1,873,550) Favourable step	€ 1,482,366 Total debts 2026: € 1,482,366 ▼ 11% vs 2025 (€ 1,672,940) Favourable step	▼ 11%
Cash	€ 14,554,584 Cash 2023: € 14,554,584 First fiscal year in the series	€ 7,452,448 Cash 2024: € 7,452,448 ▼ 49% vs 2023 (€ 14,554,584) Unfavourable step	€ 6,501,131 Cash 2025: € 6,501,131 ▼ 13% vs 2024 (€ 7,452,448) Unfavourable step	€ 3,388,569 Cash 2026: € 3,388,569 ▼ 48% vs 2025 (€ 6,501,131) Unfavourable step	▼ 48%
Land & buildings	€ 78,336 Land & buildings 2023: € 78,336 First fiscal year in the series	€ 0 Land & buildings 2024: € 0 ▼ 100% vs 2023 (€ 78,336) Unchanged	-	-
Retained profit	€ 38,520,773 Retained profit 2023: € 38,520,773 First fiscal year in the series	€ 44,858,089 Retained profit 2024: € 44,858,089 ▲ 16% vs 2023 (€ 38,520,773) Favourable step	€ 50,790,098 Retained profit 2025: € 50,790,098 ▲ 13% vs 2024 (€ 44,858,089) Favourable step	€ 54,494,174 Retained profit 2026: € 54,494,174 ▲ 7% vs 2025 (€ 50,790,098) Favourable step	▲ 7%
Dividend	€ 1,720,280 Dividend 2023: € 1,720,280 First fiscal year in the series	€ 690,468 Dividend 2024: € 690,468 ▼ 60% vs 2023 (€ 1,720,280) Unchanged	€ 937,934 Dividend 2025: € 937,934 ▲ 36% vs 2024 (€ 690,468) Unchanged	€ 2,198,180 Dividend 2026: € 2,198,180 ▲ 134% vs 2025 (€ 937,934) Unchanged	▲ 134%
Balance sheet total	€ 42,454,575 Balance sheet total 2023: € 42,454,575 First fiscal year in the series	€ 48,743,423 Balance sheet total 2024: € 48,743,423 ▲ 15% vs 2023 (€ 42,454,575) Unchanged	€ 54,445,072 Balance sheet total 2025: € 54,445,072 ▲ 12% vs 2024 (€ 48,743,423) Unchanged	€ 57,891,638 Balance sheet total 2026: € 57,891,638 ▲ 6% vs 2025 (€ 54,445,072) Unchanged	▲ 6%
Employees (FTE)	23.3 Employees (FTE) 2023: 23.3 First fiscal year in the series	21.4 Employees (FTE) 2024: 21.4 ▼ 1.9 vs 2023 (23.3) Unchanged	23.5 Employees (FTE) 2025: 23.5 ▲ 2.1 vs 2024 (21.4) Unchanged	22.4 Employees (FTE) 2026: 22.4 ▼ 1.1 vs 2025 (23.5) Unchanged	▼ 1.1

Key figures of Medizorg, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 December 2027.

What happened to Medizorg?

What happened at Medizorg in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2027 Alexander Baekelandt stepped down as director. NBB
2027 Philippe Geysens stepped down as director. NBB
2027 Rik Joos stepped down as director. NBB
Oct 16, 2026 New annual accounts for financial year 2026: profit of € 5.9 million (▼ 14% vs 2025). Source: NBB ↗
2024 Alexander Baekelandt became a director. NBB
2024 Philippe Geysens became a director. NBB
2024 Rik Joos became a director. NBB
Jan 1, 2020 New establishment in Kaprijke. KBO

In short

From € 6 million profit in 2023 to € 5.9 million profit in 2026.

Paid € 10 million in corporate taxes since 2023.

Best year ever: 2024, with € 7 million profit.

Paid out € 5.5 million in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

Medizorg

Covimmo 100%

Covent 89.9%

Corent 74.3%

It owns 100% of Covimmo, 89.9% of Covent and 74.3% of Corent itself.

Directors

According to the 2026 annual accounts

Alexander Baekelandt

Director

Also active at: COVENT, INCLUSIE INVEST, COVIMMO

since 2024 · until 2027

Philippe Geysens

Managing director

Also active at: CORENT, RIKSO, COVENT, COVIMMO

since 2024 · until 2027

Rik Joos

Chairman of the board

Also active at: CORENT, RIKSO, COVENT, COVIMMO

since 2024 · until 2027

Establishments

Establishment units

Physical locations of this company

Registered office

Hundelgemsesteenweg 101B box 5

9820 Merelbeke-Melle

2.229.566.873

Van Iseghemlaan 98

8400 Oostende

Active since 1 April 1980

2.229.567.467

Koninginnelaan 55

8400 Oostende

Active since 1 January 1981

2.229.569.051

Nieuwpoortsesteenweg 879

8400 Oostende

Active since 1 July 1982

2.229.569.447

Prinses Stefanieplein 49

8400 Oostende

Active since 1 April 1985

2.229.569.942

Gouwelozestraat 100

8400 Oostende

Active since 1 April 1985

2.229.570.239

Gentse Steenweg 132

8340 Damme

Active since 1 April 1985

2.229.570.734

Doornhut 82A

8310 Brugge

Active since 1 April 1985

2.229.571.625

Westkerkestraat(EER) 5

8480 Ichtegem

Active since 1 October 1985

2.229.575.484

Kerkstraat 45

8301 Knokke-Heist

Active since 1 April 1986

2.229.577.266

Lange Bremstraat 70

2170 Antwerpen

Active since 1 April 1986

2.229.580.137

Sint-Lucaslaan 29

8310 Brugge

Active since 1 October 1986

2.229.581.523

Bredabaan 304

2170 Antwerpen

Active since 1 April 1987

2.229.581.919

Achter d'Hoven 46A

2990 Wuustwezel

Active since 1 April 1987

2.229.584.491

Egemsestraat 2D

8750 Wingene

Active since 1 October 1987

2.229.584.788

Naamsestraat 105

3000 Leuven

Active since 1 October 1987

2.229.585.877

Commandant Weynsstraat 165

2660 Antwerpen

Active since 1 November 1988

2.229.586.471

Sint-Jorisstraat 77

8730 Beernem

Active since 1 October 1989

2.229.587.758

Ertveldesteenweg 107

9968 Assenede

Active since 1 October 1989

2.229.588.055

Opaaigem 67

9420 Erpe-Mere

Active since 1 October 1992

2.229.589.441

Paul Fredericqstraat 110

9000 Gent

Active since 1 April 1993

2.229.589.837

Merestraat 20

9300 Aalst

Active since 1 April 1993

2.229.590.134

Brouwerijstraat 1

9031 Gent

Active since 1 April 1993

2.229.590.431

De Pintelaan 185

9000 Gent

Active since 1 October 1993

2.229.597.557

Berchemstraat 8

9690 Kluisbergen

Active since 1 April 1995

2.229.597.854

Voordries 15-17

9860 Oosterzele

Active since 1 October 1995

2.229.597.953

Ontmijnersstraat 33

8370 Blankenberge

Active since 1 April 1996

2.229.598.151

Diksmuidestraat(STA) 55

8840 Staden

Active since 1 December 1996

2.229.598.448

Stationsstraat 61

9860 Oosterzele

Active since 1 January 1997

2.229.598.943

Kwekerijstraat 53

8460 Oudenburg

Active since 1 September 1997

2.229.599.537

Engelstraat 14

8211 Zedelgem

Active since 1 October 1997

2.229.600.626

Gendarmeriestraat 65

1800 Vilvoorde

Active since 1 January 1999

2.229.601.517

Nieuwelaan 631

1860 Meise

Active since 1 January 1999

2.229.601.715

Gentsesteenweg 1050

1082 Sint-Agatha-Berchem

Active since 1 January 1999

2.229.602.111

Pater Damiaanstraat 39

3120 Tremelo

Active since 1 January 1999

2.229.602.309

Bergstraat 1

1800 Vilvoorde

Active since 1 January 1999

2.229.603.792

Nieuwelaan 61

1860 Meise

Active since 1 January 1999

2.229.605.079

Leopoldstraat 70

8930 Menen

Active since 1 January 2000

2.229.605.475

Moeie 18

9900 Eeklo

Active since 1 June 2000

2.229.605.871

Staatsbaan 71

9991 Maldegem

Active since 1 June 2003

2.229.607.158

Voordries 17

9860 Oosterzele

Active since 1 June 2006

2.229.607.455

Markt 2

2180 Antwerpen

Active since 1 December 2007

2.229.607.752

Sint-Pietershofstraat 36

9070 Destelbergen

Active since 1 June 2008

2.229.608.544

Polderhoeklaan 6

8310 Brugge

Active since 1 December 2008

2.229.609.237

Achterstraat(EER) 58

8480 Ichtegem

Active since 1 December 2008

2.229.609.534

Steenbrugsestraat 19

8210 Zedelgem

Active since 1 June 2009

2.229.609.831

Maria-Theresiastraat 63a

3000 Leuven

Active since 1 June 2009

2.229.610.029

Imeldalaan 9

2820 Bonheiden

Active since 1 June 2009

2.229.610.326

Leuvensevest 6

2500 Lier

Active since 1 June 2009

2.229.610.425

Liersesteenweg 267

2220 Heist-op-den-Berg

Active since 1 June 2009

2.229.610.722

Frederik de Merodestraat 93

2800 Mechelen

Active since 1 June 2009

2.246.022.726

Nederrij(HRT) 133

2200 Herentals

Active since 1 May 2015

2.246.022.924

Pamelse Klei 49

1760 Roosdaal

Active since 1 June 2015

2.246.023.122

Kapellei 254

2980 Zoersel

Active since 10 July 2014

2.246.023.320

Marienhovedreef 19

8490 Jabbeke

Active since 1 June 2012

2.246.023.419

Graaf Jansdijk 162

8300 Knokke-Heist

Active since 1 April 2015

2.246.023.518

Dr Fr. Verhaeghestraat 1

8370 Blankenberge

Active since 1 April 2015

2.246.023.716

Stenebrugstraat 25

1741 Ternat

Active since 1 June 2015

2.291.643.707

Blancefloerlaan 69

2050 Antwerpen

Active since 1 January 2019

2.298.448.751

Astridlaan 12

2350 Vosselaar

Active since 1 June 2018

2.298.448.850

Lindendreef 1

2020 Antwerpen

Active since 1 December 2018

2.304.212.630

Nieuwstraat 7A box 2

9971 Kaprijke

Active since 1 January 2020

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.

All companies at this address →

CORENT same network

€ 1.5 million gross margin · 2025

PYCK MARC

€ -11,415 gross margin · 2025

SICIL-SEEDLING

€ 45,208 gross margin · 2025

COVENT same network

€ -15,063 gross margin · 2025

COVIMMO same network

€ -10,009 gross margin · 2026

+1 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

0420.397.307

VAT number

BE 0420.397.307

Registered office

Hundelgemsesteenweg 101B bus 5, 9820 Merelbeke-Melle

Names & denominations

Medizorg

Enterprise type

Rechtspersoon

Legal form

Cooperative company

Legal situation

Normale toestand

Start date

1 April 1980

Peppol

Active · Active since 11 Dec 2025

Activities · NACE

Activiteiten van medisch specialisten

Medische praktijken

Activiteiten op het gebied van voeding

Overige menselijke gezondheidszorg, n.e.g.

View on CBE Public ↗ Annual accounts (NBB) ↗

Medizorg

Financials

What happened to Medizorg?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions