Financials
Financial year 2025
MEDLINE from Tongeren-Borgloon, company number BE0475333454, closed financial year 2025 with a result of € 128,089 after tax. For that financial year MEDLINE recorded a gross margin of € 404,816 and equity of € 665,352. Compared with financial year 2024, the result moved from € 111,434 to € 128,089. Profitable, and profit is growing. 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 22, 2026.
€ 665,352
▼ 18% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 128,089
▲ 15% vs 2024
Profit after tax over the fiscal year.
€ 699,006
▼ 14% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 270,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
2.6
Average over the fiscal year, from the social balance sheet.
€ 159,305
▲ 5% vs 2024
€ 61,300 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.
€ 76,209
▼ 26% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 56,146
▼ 30% vs 2024
€ 25,310 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 280,318
▼ 35% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 40,871
▼ 18% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 480,364 | € 416,994 | € 354,413 | € 404,816 | ▲ 14% |
| Profit after taxes | € 241,839 | € 118,268 | € 111,434 | € 128,089 | ▲ 15% |
| Equity | € 1,277,561 | € 995,829 | € 807,263 | € 665,352 | ▼ 18% |
| Total debts | € 649,566 | € 941,777 | € 847,446 | € 378,143 | ▼ 55% |
| Cash | € 595,739 | € 756,864 | € 808,207 | € 699,006 | ▼ 14% |
| Retained profit | € 1,215,361 | € 933,629 | € 745,063 | € 603,152 | ▼ 19% |
| Dividend | € 0 | € 400,000 | € 300,000 | € 270,000 | ▼ 10% |
| Bank debt | € 40,984 | € 4,265 | € 80,464 | € 56,146 | ▼ 30% |
| Balance sheet total | € 1,927,127 | € 1,937,606 | € 1,654,709 | € 1,043,495 | ▼ 37% |
| Employees (FTE) | 2 | 2.6 | 2.6 | 2.6 |
Key figures of MEDLINE, 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 MEDLINE?
What happened at MEDLINE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 128,089 (▲ 15% vs 2024). Source: NBB ↗
- New establishment in Liège. KBO
- Start of the company according to the CBE. KBO
In short
From € 241,839 profit in 2022 to € 128,089 profit in 2025.
Paid € 305,537 in corporate taxes since 2022.
Best year ever: 2022, with € 241,839 profit.
On average € 155,700 of value added per employee in 2025.
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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 MEDLINE are Thierry MASSET, Christophe LAURENT and Carine CONTI. Thierry MASSET is also behind MEDICALSET. Christophe LAURENT is also behind COMFORTABLE PROPERTIES.
Directors
According to the 2025 annual accounts
Carine CONTI
Director
Establishments
Establishment units
Physical locations of this company
Linderstraat 67
3700 Tongeren-Borgloon
Quai des Ardennes 1
4020 Liège
Active since 22 August 2001
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
Self-hosted
Hosting
OVH, FR
Domain
Domain
medline.be
Registered
2001-06-23
Website info
Features
Security
Details
- Company number
- 0475.333.454
- VAT number
- BE 0475.333.454
- Registered office
- Linderstraat 67, 3700 Tongeren-Borgloon
- Names & denominations
- MEDLINE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 18 July 2001
- Peppol
- Active · Active since 31 Oct 2025
- Contact
- medline.be
- Activities · NACE
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