Financials
Financial year 2026
MEDINA from Waregem, company number BE0433405502, closed financial year 2026 with a result of € -705,501 after tax. For that financial year MEDINA recorded revenue of € 14.6 million and equity of € 6.1 million. Compared with financial year 2025, the result moved from € 182,365 to € -705,501. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 13, 2026.
€ 6.1 million
▼ 31% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -705,501
▼ still € 182,365 profit in 2025
Profit after tax over the fiscal year.
€ 2.2 million
▼ 20% vs 2025
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 5.6 million.
People and assets in 2026
33.2
▼ 0.9 vs 2025
Average over the fiscal year, from the social balance sheet.
€ 1.7 million
▲ 9% vs 2025
€ 50,700 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 2026
None
No bank loans on the last day of the fiscal year.
€ 1.7 million
▲ 34% vs 2025
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 46 days on average.
€ 410,878
▼ 11% vs 2025
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Revenue | € 16,408,311 | € 16,165,925 | € 15,118,065 | € 14,647,754 | ▼ 3% |
| Profit after taxes | € 555,507 | € 283,665 | € 182,365 | € -705,501 | ▼ € 887,866 |
| Equity | € 8,326,630 | € 8,610,295 | € 8,792,661 | € 6,087,160 | ▼ 31% |
| Total debts | € 3,129,986 | € 2,430,604 | € 1,808,404 | € 2,191,043 | ▲ 21% |
| Cash | € 3,293,868 | € 2,976,382 | € 2,706,405 | € 2,168,026 | ▼ 20% |
| Land & buildings | € 30,928 | € 29,988 | € 29,048 | € 28,108 | ▼ 3% |
| Retained profit | € 7,851,630 | € 8,135,295 | € 8,317,661 | € 5,612,160 | ▼ 33% |
| Dividend | € 0 | € 0 | € 0 | € 2,000,000 | |
| Balance sheet total | € 12,046,695 | € 11,655,741 | € 11,064,986 | € 8,740,099 | ▼ 21% |
| Employees (FTE) | 35.8 | 34.5 | 34.1 | 33.2 | ▼ 0.9 |
Key figures of MEDINA, 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 August 2027.
What happened to MEDINA?
What happened at MEDINA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: loss of € 705,501 (▼ € 887,866 vs 2025). Source: NBB ↗
- New establishment in Izegem. KBO
- New establishment in Edegem. KBO
- New establishment in Beringen. KBO
- New establishment in Waregem. KBO
- New establishment in Dendermonde. KBO
- New establishment in Aarschot. KBO
- New establishment in Lochristi. KBO
In short
From € 555,507 profit in 2023 to € 705,501 loss in 2026.
Paid € 378,752 in corporate taxes since 2023.
Best year ever: 2023, with € 555,507 profit.
Paid out € 2 million in dividends to the owners in total.
Management
The stake of DRI - INVEST comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
MEDINABehind MEDINA are MAST COMPANY BV, I.D. MANAGEMENT BV and J.D. CONSULT BV. The shares are held by DRI - INVEST (100%).
Directors
According to the 2026 annual accounts
Director · represented by Nicolaas Driegelinck
Also active at: IMMODRI, DRI - INVEST, Immodri II, IMMO GAVERBEEK
Director · represented by Isabelle Driegelinck
Also active at: IMMODRI, DRI - INVEST, Immodri II, IMMO GAVERBEEK
Managing director · represented by Jan Driegelinck
Also active at: IMMODRI, DRI - INVEST, Immodri II, IMMO GAVERBEEK
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Eugène Bekaertlaan 8
8790 Waregem
Gentse steenweg 448
9300 Aalst
Active since 2 April 2002
Route Nationale 5 5
6041 Charleroi
Active since 6 March 1989
Gentseweg 546
8793 Waregem
Active since 10 May 1988
Hasseltweg 101
3600 Genk
Active since 3 March 1989
Hotelstraat 3
2260 Westerlo
Active since 10 March 1989
Brugsesteenweg 465 box 2
8800 Roeselare
Active since 11 September 1999
Rijselsepoort 13
8900 Ieper
Active since 24 August 2001
Koning Leopoldlaan 20 box I
9990 Maldegem
Active since 11 September 1999
Hasseltsesteenweg 41
3800 Sint-Truiden
Active since 29 March 2002
Legeweg 156
8200 Brugge
Active since 14 March 2003
Bredabaan 1207
2900 Schoten
Active since 28 October 2005
Pareinpark(BEV) 9A
9120 Beveren-Kruibeke-Zwijndrecht
Active since 1 March 2009
Liersesteenweg 181
3200 Aarschot
Active since 26 August 2010
Mechelsesteenweg 81
9200 Dendermonde
Active since 12 March 2011
Antwerpse Steenweg 69
9080 Lochristi
Active since 27 March 2010
Torhoutsesteenweg 690
8400 Oostende
Active since 6 March 2010
Koolmijnlaan 203
3582 Beringen
Active since 3 September 2015
Mechelsesteenweg 38
2650 Edegem
Active since 5 October 2018
Krekelmotestraat 62 box 3
8870 Izegem
Active since 14 March 2025
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0433.405.502
- VAT number
- BE 0433.405.502
- Registered office
- Eugène Bekaertlaan 8, 8790 Waregem
- Names & denominations
- MEDINA
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 March 1988
- Peppol
- Active · Active since 18 Dec 2025
- Activities · NACE
Detailhandel in schoeisel