Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 58 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Medico from Grimbergen, company number BE0477697878, closed financial year 2025 with a result of € -1,758 after tax. For that financial year Medico recorded a gross margin of € 164,957 and equity of € 64,177. Compared with financial year 2024, the result moved from € 20,048 to € -1,758. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on February 23, 2026.
€ 64,177
▼ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1,758
▼ still € 20,048 profit in 2024
Profit after tax over the fiscal year.
€ 29,629
▲ € 24,732 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 57,977.
People and assets in 2025
2.2
Average over the fiscal year, from the social balance sheet.
€ 67,808
▼ 15% vs 2024
€ 30,800 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.
€ 9,898
▼ 19% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 183,719
▲ 71% vs 2024
€ 61,147 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 206,121
▲ 42% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 13,191
▼ 35% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 179,828 | € 230,774 | € 197,180 | € 164,957 | ▼ 16% |
| Profit after taxes | € 25,746 | € 42,532 | € 20,048 | € -1,758 | ▼ € 21,806 |
| Equity | € 479,356 | € 521,887 | € 65,935 | € 64,177 | ▼ 3% |
| Total debts | € 393,999 | € 384,879 | € 1,088,196 | € 989,436 | ▼ 9% |
| Cash | € 43,273 | € 48,058 | € 4,897 | € 29,629 | ▲ € 24,732 |
| Land & buildings | € 321,174 | € 311,564 | € 499,752 | € 435,531 | ▼ 13% |
| Retained profit | € 473,156 | € 515,687 | € 59,735 | € 57,977 | ▼ 3% |
| Dividend | € 30,000 | € 0 | € 476,000 | € 0 | ▼ 100% |
| Bank debt | € 149,066 | € 131,794 | € 107,640 | € 183,719 | ▲ 71% |
| Balance sheet total | € 873,355 | € 906,766 | € 1,154,131 | € 1,053,613 | ▼ 9% |
| Employees (FTE) | 2.2 | 2.2 | 2.2 | 2.2 |
Key figures of Medico, 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 Medico?
What happened at Medico in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 1,758 (▼ € 21,806 vs 2024). filed late Source: NBB ↗
- VERBBAEL BV became a director. NBB
- Vergaelen Ortho Projects Comm.V became a director. NBB
- New establishment in Grimbergen. KBO
- Start of the company according to the CBE. KBO
In short
From € 25,746 profit in 2022 to € 1,758 loss in 2025.
Paid € 49,363 in corporate taxes since 2022.
Best year ever: 2023, with € 42,532 profit.
On average € 75,000 of value added per employee in 2025.
A new publication or filing at Medico? We notify you, reason included.
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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 Medico are Vergaelen Ortho Projects Comm.V and VERBBAEL BV.
Directors
According to the 2025 annual accounts
Vergaelen Ortho Projects Comm.V
Bestuurder · represented by Bart Vergaelen
since 2021
Bestuurder · represented by Bianca Brijssens
since 2021
Establishments
Establishment units
Physical locations of this company
Hogesteenweg 8
1850 Grimbergen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
WIX_COM, IL
Website info
Features
Security
Details
- Company number
- 0477.697.878
- VAT number
- BE 0477.697.878
- Registered office
- Hogesteenweg 8, 1850 Grimbergen
- Names & denominations
- Medico
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 6 June 2002
- Peppol
- Active · Active since 20 Nov 2020
- Contact
- medico.be [email protected] 32 2 306 45 50
- Activities · NACE
Groothandel in farmaceutische en medische artikelen
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