Warning lights
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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Tight liquidity NBB
Cash and receivables cover 59 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Medical Service Line from Gent, company number BE0448947474, closed financial year 2025 with a result of € 11,156 after tax. For that financial year Medical Service Line recorded a gross margin of € 201,265 and equity of € 203,343. Compared with financial year 2024, the result moved from € 5,964 to € 11,156. 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 January 29, 2026.
€ 203,343
▲ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 11,156
▲ 87% vs 2024
Profit after tax over the fiscal year.
€ 31,294
▼ 52% 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 € 72,604.
People and assets in 2025
€ 125,990
▲ 5% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 3,887
▲ 23% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 170,000
Loans from banks and other lenders, long and short.
€ 8,732
▼ 4% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 41,835
▲ 47% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 93,080 | € 91,553 | € 169,776 | € 201,265 | ▲ 19% |
| Profit after taxes | € 7,702 | € 11,400 | € 5,964 | € 11,156 | ▲ 87% |
| Equity | € 174,823 | € 186,223 | € 192,187 | € 203,343 | ▲ 6% |
| Total debts | € 311,151 | € 310,467 | € 298,786 | € 350,582 | ▲ 17% |
| Cash | € 142,568 | € 59,215 | € 65,235 | € 31,294 | ▼ 52% |
| Land & buildings | € 291,118 | € 277,044 | € 270,807 | € 319,134 | ▲ 18% |
| Retained profit | € 44,084 | € 55,484 | € 61,447 | € 72,604 | ▲ 18% |
| Bank debt | € 170,000 | € 170,000 | € 170,000 | € 170,000 | |
| Balance sheet total | € 485,974 | € 496,690 | € 490,973 | € 553,925 | ▲ 13% |
Key figures of Medical Service Line, 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 January 2027.
What happened to Medical Service Line?
What happened at Medical Service Line in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 11,156 (▲ 87% vs 2024). Source: NBB ↗
- Roland Claeys became a director. NBB
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 7,702 profit in 2022 to € 11,156 profit in 2025.
Paid € 4,891 in corporate taxes since 2022.
Best year ever: 2023, with € 11,400 profit.
Management
Behind Medical Service Line is Roland Claeys.
Directors
According to the 2025 annual accounts
Roland Claeys
Director
since 2016
Establishments
Establishment units
Physical locations of this company
Sint-Denijslaan 347
9000 Gent
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0448.947.474
- VAT number
- BE 0448.947.474
- Registered office
- Sint-Denijslaan 347, 9000 Gent
- Names & denominations
- Medical Service Line · M.S.L.
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 10 December 1992
- Peppol
- Active · Active since 16 May 2025
- Activities · NACE
Activiteiten op het gebied van voeding
Overige menselijke gezondheidszorg, n.e.g.