Financials
Financial year 2025
MEDOR from Liège, company number BE0555681227, closed financial year 2025 with a result of € 23,143 after tax. For that financial year MEDOR recorded revenue of € 436,513 and equity of € 135,261. Compared with financial year 2024, the result moved from € 1,678 to € 23,143. 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 July 3, 2026.
€ 135,261
▲ 29% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 23,143
▲ € 21,465 vs 2024
Profit after tax over the fiscal year.
€ 215,584
▲ 39% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -319,639.
People and assets in 2025
€ 142,561
▲ 4% 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.
€ 712
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 60,000
Loans from banks and other lenders, long and short.
€ 89,206
▲ 8% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 35,142
▲ 16% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | € 390,542 | € 407,694 | € 436,513 | ▲ 7% |
| Gross margin | € 34,231 | € 108,738 | € 142,694 | € 183,279 | ▲ 28% |
| Profit after taxes | € -97,897 | € -48,818 | € 1,678 | € 23,143 | ▲ € 21,465 |
| Equity | € 120,769 | € 68,929 | € 104,521 | € 135,261 | ▲ 29% |
| Total debts | € 251,914 | € 239,143 | € 252,236 | € 298,229 | ▲ 18% |
| Cash | € 197,867 | € 122,543 | € 155,066 | € 215,584 | ▲ 39% |
| Retained profit | € -297,306 | € -345,811 | € -342,799 | € -319,639 | ▲ € 23,159 |
| Bank debt | € 0 | € 0 | € 0 | € 60,000 | |
| Balance sheet total | € 372,683 | € 308,073 | € 356,757 | € 440,664 | ▲ 24% |
Key figures of MEDOR, 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 MEDOR?
What happened at MEDOR in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 23,143 (▲ € 21,465 vs 2024). Source: NBB ↗
- Quentin Devillers became a director. NBB
- Corentin Caudron became a director. NBB
- Olivier Bailly became a director. NBB
- Caroline Dunski became a director. NBB
- Alexandre Leray became a director. NBB
- Geoffroy Gits became a director. NBB
- Chloe Andries became a director. NBB
In short
From € 97,897 loss in 2022 to € 23,143 profit in 2025.
Paid € 54 in corporate taxes since 2022.
Best year ever: 2025, with € 23,143 profit.
Management
The stake of SmartBe, COMPTOIR CITOYEN DES ENERGIES comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
MEDORBehind MEDOR are Alexandre Leray, Quentin Devillers, Corentin Caudron, Olivier Bailly, Geoffroy Gits and Philippe Engels. The shares are held by SmartBe (9.2%) and COMPTOIR CITOYEN DES ENERGIES (0.3%).
Directors
According to the 2025 annual accounts
Alexandre Leray
Director
since 2024
Quentin Devillers
Director
since 2025
Corentin Caudron
Director
since 2025
Olivier Bailly
Director
since 2025
Geoffroy Gits
Director
since 2024
Philippe Engels
Director
since 2022
Caroline Dunski
Director
since 2025
Chloe Andries
Director
since 2024
Jean-François HERZ
Director
since 2020
Shareholders
9.2%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue Lamarck 9
4000 Liège
Blaesstraat 261
1000 Brussel
Active since 1 July 2018
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0555.681.227
- VAT number
- BE 0555.681.227
- Registered office
- Rue Lamarck 9, 4000 Liège
- Names & denominations
- MEDOR
- Enterprise type
- Rechtspersoon
- Legal form
- Cooperative company
- Legal situation
- Normale toestand
- Start date
- 4 July 2014
- Peppol
- Active · Active since 20 Nov 2020
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