What does Merit Medical Belgium do?

Merit Medical Belgium is a shop in Etterbeek. Private Limited, started on 9 January 1997, 1 establishment.

What is the address of Merit Medical Belgium?

The registered office of Merit Medical Belgium is located at Louis Schmidtlaan 24, 1040 Etterbeek.

Is Merit Medical Belgium still active?

Yes. According to the CBE (2 November 2026) Merit Medical Belgium is active, legal situation “Normale toestand”, started on 9 January 1997.

Is Merit Medical Belgium registered on Peppol?

Yes, Merit Medical Belgium is registered on the Peppol network with ID 0208:0459757135.

What is the enterprise number of Merit Medical Belgium?

The enterprise number of Merit Medical Belgium is BE0459757135.

When was Merit Medical Belgium founded?

Merit Medical Belgium was founded on 9 January 1997.

Who are the directors of Merit Medical Belgium?

According to the 2025 annual accounts, the directors of Merit Medical Belgium are: Brian LLOYD, Mark Valentine BUTLER.

Is Merit Medical Belgium a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 9 January 1997; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did Merit Medical Belgium make in 2025?

Merit Medical Belgium posted a profit after taxes of € 263,583 in financial year 2025.

What is the revenue of Merit Medical Belgium?

As a small company, Merit Medical Belgium is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 2,447,427.

How much does an employee at Merit Medical Belgium earn?

The average wage cost per full-time employee at Merit Medical Belgium was € 153,800 in 2024: staff costs of € 1.7 million for 11 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

Merit Medical Belgium (Private Limited) - Etterbeek

Dossier Merit Medical Belgium, printed on 2 November 2026 from databakkes.be/en/0459757135/merit-medical-belgium. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Busy address KBO

89 other companies have their registered office at the same address; threshold 10.

Financials

Financial year 2025

Merit Medical Belgium from Etterbeek, company number BE0459757135, closed financial year 2025 with a result of € 263,583 after tax. For that financial year Merit Medical Belgium recorded a gross margin of € 2.4 million and equity of € 1.6 million. Compared with financial year 2024, the result moved from € 217,657 to € 263,583. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.

What it is worth Growing

€ 1.6 million

▲ 20% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 263,583

▲ 21% vs 2024

Profit after tax over the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 1.6 million.

People and assets in 2025

Wage cost

€ 2.1 million

▲ 23% 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.

Vehicles and equipment

€ 200,679

▼ 13% vs 2024

Of which on lease € 194,619.

Debts at end 2025

Bank debt ≈ 2 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 193,942

▼ 12% vs 2024

€ 99,417 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.

Owed to suppliers

€ 3.3 million

▲ 32% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 368,545

▲ 18% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 1,268,012 Gross margin 2022: € 1,268,012 First fiscal year in the series	€ 1,678,008 Gross margin 2023: € 1,678,008 ▲ 32% vs 2022 (€ 1,268,012) Favourable step	€ 2,010,894 Gross margin 2024: € 2,010,894 ▲ 20% vs 2023 (€ 1,678,008) Favourable step	€ 2,447,427 Gross margin 2025: € 2,447,427 ▲ 22% vs 2024 (€ 2,010,894) Favourable step	▲ 22%
Profit after taxes	€ 94,566 Profit after taxes 2022: € 94,566 First fiscal year in the series	€ 166,633 Profit after taxes 2023: € 166,633 ▲ 76% vs 2022 (€ 94,566) Favourable step	€ 217,657 Profit after taxes 2024: € 217,657 ▲ 31% vs 2023 (€ 166,633) Favourable step	€ 263,583 Profit after taxes 2025: € 263,583 ▲ 21% vs 2024 (€ 217,657) Favourable step	▲ 21%
Equity	€ 912,558 Equity 2022: € 912,558 First fiscal year in the series	€ 1,079,192 Equity 2023: € 1,079,192 ▲ 18% vs 2022 (€ 912,558) Favourable step	€ 1,296,848 Equity 2024: € 1,296,848 ▲ 20% vs 2023 (€ 1,079,192) Favourable step	€ 1,560,431 Equity 2025: € 1,560,431 ▲ 20% vs 2024 (€ 1,296,848) Favourable step	▲ 20%
Total debts	€ 1,545,961 Total debts 2022: € 1,545,961 First fiscal year in the series	€ 2,302,214 Total debts 2023: € 2,302,214 ▲ 49% vs 2022 (€ 1,545,961) Unfavourable step	€ 3,055,661 Total debts 2024: € 3,055,661 ▲ 33% vs 2023 (€ 2,302,214) Unfavourable step	€ 3,898,863 Total debts 2025: € 3,898,863 ▲ 28% vs 2024 (€ 3,055,661) Unfavourable step	▲ 28%
Retained profit	€ 906,361 Retained profit 2022: € 906,361 First fiscal year in the series	€ 1,072,994 Retained profit 2023: € 1,072,994 ▲ 18% vs 2022 (€ 906,361) Favourable step	€ 1,290,651 Retained profit 2024: € 1,290,651 ▲ 20% vs 2023 (€ 1,072,994) Favourable step	€ 1,554,234 Retained profit 2025: € 1,554,234 ▲ 20% vs 2024 (€ 1,290,651) Favourable step	▲ 20%
Bank debt	€ 21,500 Bank debt 2022: € 21,500 First fiscal year in the series	€ 174,049 Bank debt 2023: € 174,049 ▲ € 152,549 vs 2022 (€ 21,500) Unfavourable step	€ 219,453 Bank debt 2024: € 219,453 ▲ 26% vs 2023 (€ 174,049) Unfavourable step	€ 193,942 Bank debt 2025: € 193,942 ▼ 12% vs 2024 (€ 219,453) Favourable step	▼ 12%
Balance sheet total	€ 2,458,520 Balance sheet total 2022: € 2,458,520 First fiscal year in the series	€ 3,381,406 Balance sheet total 2023: € 3,381,406 ▲ 38% vs 2022 (€ 2,458,520) Unchanged	€ 4,352,509 Balance sheet total 2024: € 4,352,509 ▲ 29% vs 2023 (€ 3,381,406) Unchanged	€ 5,459,294 Balance sheet total 2025: € 5,459,294 ▲ 25% vs 2024 (€ 4,352,509) Unchanged	▲ 25%
Employees (FTE)	7.5 Employees (FTE) 2022: 7.5 First fiscal year in the series	2.3 Employees (FTE) 2023: 2.3 ▼ 5.2 vs 2022 (7.5) Unchanged	11 Employees (FTE) 2024: 11 ▲ 8.7 vs 2023 (2.3) Unchanged	-

Key figures of Merit 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 Merit Medical Belgium?

What happened at Merit Medical Belgium in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Aug 31, 2026 New annual accounts for financial year 2025: profit of € 263,583 (▲ 21% vs 2024). filed late Source: NBB ↗
2018 Brian LLOYD became a director. NBB
2010 Mark Valentine BUTLER became a director. NBB
Jan 29, 1997 New establishment in Etterbeek. KBO
Jan 9, 1997 Start of the company according to the CBE. KBO

In short

From € 94,566 profit in 2022 to € 263,583 profit in 2025.

Paid € 283,387 in corporate taxes since 2022.

Best year ever: 2025, with € 263,583 profit.

On average € 182,800 of value added per employee in 2024.

Original PDFs at the National Bank ↗

Management

Brian LLOYD Mark Valentine BUTLER

Merit Medical Belgium

Behind Merit Medical Belgium are Brian LLOYD and Mark Valentine BUTLER.

Directors

According to the 2025 annual accounts

Brian LLOYD

Director

since 2018

Mark Valentine BUTLER

Director

since 2010

Establishments

Establishment units

Physical locations of this company

Registered office

Louis Schmidtlaan 24

1040 Etterbeek

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 89 companies are registered at this address.

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What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0459.757.135

VAT number

BE 0459.757.135

Registered office

Louis Schmidtlaan 24, 1040 Etterbeek

Names & denominations

Merit Medical Belgium

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

9 January 1997

Peppol

Active · Active since 10 May 2023

Activities · NACE

Detailhandel in medische en orthopedische artikelen, muv corrigerende brillen, lenzen en zonnebrillen

Detailhandel in medische en orthopedische artikelen

Detailhandel in medische en orthopedische artikelen in gespecialiseerde winkels

View on CBE Public ↗ Annual accounts (NBB) ↗

Merit Medical Belgium

Warning lights

Financials

What happened to Merit Medical Belgium?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions