Financials
Financial year 2025
Worth noting
- The team shrank two years in a row.
Revenue
€ 4.2 million
▲ 6% vs 2024
Profit
Caution€ -4.1 million
▼ 159% vs 2024
Debts
Low€ 25.3 million
▼ 37% vs 2024
MDxHealth from Herstal, company number BE0479292440, closed financial year 2025 with a result of € -4.1 million after tax. For that financial year MDxHealth recorded revenue of € 4.2 million and equity of € 134 million. Compared with financial year 2024, the result moved from € 7 million to € -4.1 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 July 6, 2026.
What happened at MDxHealth?
What happened at MDxHealth in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Hilde Windels BV stepped down as director. NBB
- Donnie M. Jr. Hardison stepped down as director. NBB
- Michaël Brian Holder stepped down as director. NBB
- Eric Bednarski stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 4.1 million (▼ 159% vs 2024). Source: NBB ↗
- Sanford Siegel stepped down as director. NBB
- Michael K. McGarrity stepped down as director. NBB
- Ahok BV stepped down as director. NBB
In short
From € 7.4 million loss in 2021 to € 4.1 million loss in 2025.
Paid € 368,838 in corporate taxes since 2021.
Best year ever: 2024, with € 7 million profit.
Pays suppliers within 60 days on average.
A new publication or filing at MDxHealth? We notify you, reason included.
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History
Every financial year, as far back as the National Bank goes.
Buffer
How long does the company survive without income?
Credit limit
Indicative credit limit, computed from the real figures.
Alerts
News about who you follow, reason included.
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Management
The shares are held by Bleichroeder LP (14.5%), Genomic Health Inc (11.6%), AWM Investment Company Inc (9.5%), MVM Partners LLP (9.2%) and Laurence W. Lytton (6.2%). It owns 100% of MDx Health Inc and 100% of MDx Health BV itself.
Directors
According to the 2025 annual accounts
since 2020 · until 2025
Sanford Siegel
Director
since 2024 · until 2026
Director · represented by Hilde Windels
Also active at: Gimv, Celyad Oncology, Healis Holding
since 2020 · until 2027
Michael K. McGarrity
Managing director
since 2019 · until 2026
Director · represented by Koen Hoffman
Also active at: Greenyard, SnowWorld International, Revive Fund Management +2 more
since 2021 · until 2026
Donnie M. Jr. Hardison
Director
since 2021 · until 2027
Michaël Brian Holder
Director
since 2025 · until 2027
Eric Bednarski
Director
since 2020 · until 2027
Shareholders
Bleichroeder LP
14.5%
Genomic Health Inc
11.6%
AWM Investment Company Inc
9.5%
9.2%
Laurence W. Lytton
6.2%
Participations
MDx Health Inc
100%
MDx Health BV
100%
Establishments
Establishment units
Physical locations of this company
Rue d'Abhooz 31
4040 Herstal
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 28 companies are registered at this address.
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Details
- Company number
- 0479.292.440
- VAT number
- BE 0479.292.440
- Registered office
- Rue d'Abhooz 31, 4040 Herstal
- Names & denominations
- MDxHealth · MDxH
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 15 January 2003
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Speur- en ontwikkelingswerk op biotechnologisch gebied
Medische laboratoria
Vervaardiging van overige farmaceutische producten
Activiteiten van medische beeldvorming en medische laboratoria
Vervaardiging van overige farmaceutische preparaten
Activiteiten van medische laboratoria