Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
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Shrinking team NBB
FTE fell two years in a row, from 2.5 to 1.
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Busy address KBO
12 other companies have their registered office at the same address; threshold 10.
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Legal situation KBO
Vrijwillige ontbinding – vereffening according to the CBE.
Financials
Financial year 2025
Groep Medisch-Sociale Initiatieven van Limburg from Hasselt, company number BE0450648043, closed financial year 2025 with a result of € -1.3 million after tax. For that financial year Groep Medisch-Sociale Initiatieven van Limburg recorded a gross margin of € -145,296 and equity of € 2.5 million. Compared with financial year 2024, the result moved from € -2.2 million to € -1.3 million. 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 June 23, 2026.
€ 2.5 million
▼ 35% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1.3 million
▲ 40 % less loss than in 2024
Profit after tax over the fiscal year.
€ 12,911
▼ 89% vs 2024
Cash and bank balances on the last day of the fiscal year.
People and assets in 2025
1
▼ 0.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 204,493
▲ 15% vs 2024
€ 204,500 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.
€ 2,410
▼ 25% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 80,134
▲ 133% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 24,180
▼ 5% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,339,602 | € 36,074 | € -154,878 | € -145,296 | ▲ € 9,581 |
| Profit after taxes | € -719,262 | € -303,775 | € -2,167,576 | € -1,301,258 | ▲ € 866,318 |
| Equity | € 6,231,322 | € 5,927,547 | € 3,759,971 | € 2,458,712 | ▼ 35% |
| Total debts | € 162,633 | € 535,449 | € 189,927 | € 124,314 | ▼ 35% |
| Cash | € 1,690,690 | € 566,666 | € 113,960 | € 12,911 | ▼ 89% |
| Retained profit | € -4,317,935 | € -4,621,710 | € -6,789,287 | € -8,090,545 | ▼ € 1.3 million |
| Balance sheet total | € 6,393,955 | € 6,462,996 | € 3,949,898 | € 2,583,026 | ▼ 35% |
| Employees (FTE) | 2.6 | 2.5 | 1.7 | 1 | ▼ 0.7 |
Key figures of Groep Medisch-Sociale Initiatieven van Limburg, 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 Groep Medisch-Sociale Initiatieven van Limburg?
What happened at Groep Medisch-Sociale Initiatieven van Limburg in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
Groep Medisch-Sociale Initiatieven van Limburg is active according to the CBE. Legal situation: Vrijwillige ontbinding – vereffening.
- New annual accounts for financial year 2025: loss of € 1.3 million. Source: NBB ↗
- New establishment in Hasselt. KBO
- Start of the company according to the CBE. KBO
In short
From € 719,262 loss in 2022 to € 1.3 million loss in 2025.
Paid € 1,932 in corporate taxes since 2022.
On average € 14,400 of value added per employee in 2023.
Management
Behind Groep Medisch-Sociale Initiatieven van Limburg are Godersi VOF, Patrick Siborgs, Lambert Janssen, Johan Bongaerts, Fons Capiot and Jozef Verweyen. Godersi VOF is also behind Gezondheidszorg Limburg, Wit-Gele Kruis van Limburg, LIMES, MSI VASTGOED and Woonzorgcentra Ocura. Patrick Siborgs is also behind Gezondheidszorg Limburg, MSI VASTGOED and KASTEEL ENGELHOF. Johan Bongaerts is also behind BEWEL, Groeiend Limburg zuid, BEGEVEL Hasselt, GROEP MAATWERK and Bouwfonds van CM Regio Limburg.
Directors
According to the 2025 annual accounts
Chairman of the board · represented by Lisiane Cosemans
Also active at: Gezondheidszorg Limburg, Wit-Gele Kruis van Limburg, LIMES, MSI VASTGOED, Woonzorgcentra Ocura, OPTICO, KASTEEL ENGELHOF, BECURA WOONZORG
Patrick Siborgs
Persoon belast met het dagelijks bestuur
Also active at: Gezondheidszorg Limburg, MSI VASTGOED, KASTEEL ENGELHOF
Lambert Janssen
Director
Johan Bongaerts
Director
Also active at: BEWEL, Groeiend Limburg zuid, BEGEVEL Hasselt, GROEP MAATWERK, Bouwfonds van CM Regio Limburg, DIENSTENONDERNEMING MEEUWEN-GRUITRODE, Participo CM Vlaanderen, 37graden +2 more
Jozef Verweyen
Director
Jozef Meyers
Vice-chairman of the board
Also active at: Gezondheidszorg Limburg, Participo Limburg, Groeiend Limburg zuid, Groeiend Limburg centrum, Groeiend Limburg noord, BEGEVEL Hasselt, Bouwfonds van CM Regio Limburg, LIMES +4 more
Godelieve Pollet
Director
Also active at: Gezondheidszorg Limburg, LIMES, MSI VASTGOED, Z33, KASTEEL ENGELHOF
Benjamin Vandervoort
Director
Also active at: Participo Limburg, Groeiend Limburg zuid, Groeiend Limburg centrum, Groeiend Limburg noord, BEGEVEL Hasselt, Bouwfonds van CM Regio Limburg, LIMES, MSI VASTGOED
Establishments
Establishment units
Physical locations of this company
Herkenrodesingel 101
3500 Hasselt
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 →Participo Limburg same network
€ 105,036 gross margin · 2025
Groeiend Limburg zuid same network
€ 102,100 gross margin · 2025
Groeiend Limburg centrum same network
€ 34,164 revenue · 2024
Groeiend Limburg noord same network
€ -48,801 gross margin · 2025
BEGEVEL Hasselt same network
€ 173,763 revenue · 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
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Website info
Features
Security
Details
- Company number
- 0450.648.043
- VAT number
- BE 0450.648.043
- Registered office
- Herkenrodesingel 101, 3500 Hasselt
- Names & denominations
- Groep Medisch-Sociale Initiatieven van Limburg · Groep M.S.I.
- Enterprise type
- Rechtspersoon
- Legal form
- Non-profit association
- Legal situation
- Vrijwillige ontbinding – vereffening
- Start date
- 30 March 1993
- Peppol
- Active · Active since 16 Dec 2025
- Contact
- groepmsi.be
- Activities · NACE
Ziekenfondsen en zorgkassen
Ziekenfondsen en verzorgingskassen