Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 25 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
CompuGroup Medical Belgium from Wetteren, company number BE0437432881, closed financial year 2025 with a result of € 703,398 after tax. For that financial year CompuGroup Medical Belgium recorded revenue of € 13 million and equity of € -4.7 million. Compared with financial year 2024, the result moved from € 450,843 to € 703,398. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 22, 2026.
€ -4.7 million
▲ € 703,398 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 703,398
▲ 56% vs 2024
Profit after tax over the fiscal year.
€ 41,712
▼ 90% 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 € -4.7 million.
People and assets in 2025
73.3
▼ 2.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 6.2 million
▲ 89% vs 2024
€ 84,500 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.
€ 209,298
▼ 42% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 4.9 million
▼ 41% vs 2024
Loans from banks and other lenders, long and short.
€ 1.4 million
▲ 5% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 117 days on average.
€ 1.3 million
▲ 63% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 1,613,620 | € 1,730,233 | € 7,167,347 | € 13,026,539 | ▲ 82% |
| Profit after taxes | € -230,166 | € -1,298,566 | € 450,843 | € 703,398 | ▲ 56% |
| Equity | € -4,516,787 | € -5,815,353 | € -5,364,510 | € -4,661,111 | ▲ € 703,398 |
| Total debts | € 18,051,514 | € 18,630,142 | € 13,294,933 | € 11,289,248 | ▼ 15% |
| Cash | € 44,751 | € 57,764 | € 430,618 | € 41,712 | ▼ 90% |
| Retained profit | € -4,536,787 | € -5,835,353 | € -5,384,510 | € -4,681,111 | ▲ € 703,398 |
| Bank debt | € 17,395,809 | € 17,951,678 | € 8,225,809 | € 4,874,347 | ▼ 41% |
| Balance sheet total | € 13,534,727 | € 12,814,789 | € 8,025,641 | € 6,693,177 | ▼ 17% |
| Employees (FTE) | 17.9 | 16.7 | 75.7 | 73.3 | ▼ 2.4 |
Key figures of CompuGroup Medical 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 31 July 2027.
What happened to CompuGroup Medical Belgium?
What happened at CompuGroup Medical Belgium in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 703,398 (▲ 56% vs 2024). Source: NBB ↗
- Emanuele Roberto Virgilio Mugnani became a director. NBB
- Michael Hein stepped down as director. NBB
- Jurgen De Backer became a director. NBB
- Michael Hein became a director. NBB
- New establishment in Wetteren. KBO
- Start of the company according to the CBE. KBO
In short
From € 230,166 loss in 2022 to € 703,398 profit in 2025.
Paid € 765,437 in corporate taxes since 2022.
Best year ever: 2025, with € 703,398 profit.
Pays suppliers within 117 days on average.
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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 CompuGroup Medical Belgium are Jurgen De Backer and Emanuele Roberto Virgilio Mugnani. Jurgen De Backer is also behind COMPUFIT, ADVANCED TECHNOLOGY EXPLAINED, BARISTA SOFTWARE and Titanium Dental.
Directors
According to the 2025 annual accounts
Jurgen De Backer
Director
Also active at: COMPUFIT, ADVANCED TECHNOLOGY EXPLAINED, BARISTA SOFTWARE, Titanium Dental
since 2022
Emanuele Roberto Virgilio Mugnani
Director
since 2025
Michael Hein
Director
Also active at: COMPUFIT, ADVANCED TECHNOLOGY EXPLAINED, BARISTA SOFTWARE, Titanium Dental
since 2022 · until 2025
Establishments
Establishment units
Physical locations of this company
Brusselsesteenweg 283 box 10
9230 Wetteren
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
CGM, DE
Domain
Domain
cgm.com
Registered
1991-08-15
Registrar
InterNetX GmbH
Expires
2026-08-14
Website info
Features
Security
Network
Details
- Company number
- 0437.432.881
- VAT number
- BE 0437.432.881
- Registered office
- Brusselsesteenweg 283 bus 10, 9230 Wetteren
- Names & denominations
- CompuGroup Medical Belgium
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 17 May 1989
- Peppol
- Active · Active since 16 Apr 2026
- Contact
- cgm.com
- Activities · NACE
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