Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 125.7 to 99.8.
-
Busy address KBO
12 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Clinisys from Gent, company number BE0428149981, closed financial year 2025 with a result of € 14.2 million after tax. For that financial year Clinisys recorded revenue of € 38.4 million and equity of € 77.5 million. Compared with financial year 2024, the result moved from € 52.3 million to € 14.2 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 June 22, 2026.
€ 77.5 million
▲ 22% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 14.2 million
▼ 73% vs 2024
Profit after tax over the fiscal year.
€ 23.5 million
▲ 215% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 72.4 million.
People and assets in 2025
99.8
▼ 14.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 10.2 million
▼ 14% vs 2024
€ 102,400 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.
€ 27,704
▼ 17% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 25.8 million
Loans from banks and other lenders, long and short.
€ 1.8 million
▲ 67% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 69 days on average.
€ 3.1 million
▼ 19% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 37,650,698 | € 36,308,164 | € 39,666,155 | € 38,368,946 | ▼ 3% |
| Profit after taxes | € 13,923,713 | € 11,526,680 | € 52,349,184 | € 14,182,006 | ▼ 73% |
| Equity | € 71,058,159 | € 82,584,839 | € 63,308,629 | € 77,490,635 | ▲ 22% |
| Total debts | € 36,744,344 | € 34,053,999 | € 34,883,701 | € 33,741,276 | ▼ 3% |
| Cash | € 24,121,341 | € 29,892,233 | € 7,471,020 | € 23,504,972 | ▲ 215% |
| Retained profit | € 65,954,415 | € 77,481,095 | € 58,204,884 | € 72,386,890 | ▲ 24% |
| Dividend | € 0 | € 0 | € 71,625,395 | € 0 | ▼ 100% |
| Bank debt | € 26,332,478 | € 26,354,738 | € 25,798,479 | € 25,800,000 | |
| Balance sheet total | € 107,880,503 | € 116,716,838 | € 98,571,730 | € 111,344,910 | ▲ 13% |
| Employees (FTE) | 123.9 | 125.7 | 113.9 | 99.8 | ▼ 14.1 |
Key figures of Clinisys, 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 Clinisys?
What happened at Clinisys in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Andrew Branski stepped down as director. NBB
- John Stipancich stepped down as director. NBB
- Michael Simpson stepped down as director. NBB
- Paul Van Overmeire stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 14.2 million (▼ 73% vs 2024). Source: NBB ↗
- Andrew Branski became a director. NBB
- Michael Simpson became a director. NBB
- John Stipancich became a director. NBB
In short
From € 13.9 million profit in 2022 to € 14.2 million profit in 2025.
Paid € 18.6 million in corporate taxes since 2022.
Best year ever: 2024, with € 52.3 million profit.
Paid out € 71.6 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
It owns 100% of Clinisys Schweiz AG, 100% of Clinisys France SARL, 100% of Clinisys Nederland BV, 100% of Clinisys Spain S.L., 100% of Clinisys Austria GesmbH and 100% of Clinisys Solutions Ltd itself.
Directors
According to the 2025 annual accounts
Andrew Branski
Director
since 2022 · until 2028
John Stipancich
bestuurder
since 2022 · until 2028
Michael Simpson
Director
since 2022 · until 2028
Paul Van Overmeire
Managing director
since 2022 · until 2028
Establishments
Establishment units
Physical locations of this company
Sluisweg 2 box 5
9000 Gent
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 12 companies are registered at this address.
All companies at this address →INTRUM NV
€ 17.4 million revenue · 2025
EMPWR Nutrition Group
EMPWR
€ 358.5 million revenue · 2025
SOJA Investments
€ -37,429 gross margin · 2024
WAHA INVEST
€ -153,806 gross margin · 2025
+7 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
CLOUDFLARENET - Cloudflare, Inc., US
DNS
Cloudflare DNS
Domain
Domain
clinisys.com
Registered
1998-08-24
Registrar
123-Reg Limited
Expires
2026-08-23
Website info
Features
Security
Network
Details
- Company number
- 0428.149.981
- VAT number
- BE 0428.149.981
- Registered office
- Sluisweg 2 bus 5, 9000 Gent
- Names & denominations
- Clinisys
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 20 December 1985
- Peppol
- Active · Active since 21 Jan 2026
- Contact
- clinisys.com
- Activities · NACE
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