Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
FIDELMED from Gent, company number BE0698912120, closed financial year 2025 with a result of € -1.7 million after tax. For that financial year FIDELMED recorded a gross margin of € -1.3 million and equity of € 636,115. Compared with financial year 2024, the result moved from € -1.4 million to € -1.7 million. The company made a loss. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 23, 2026.
€ 636,115
▲ € 904,528 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1.7 million
▼ 19 % more loss than in 2024
Profit after tax over the fiscal year.
€ 421,418
▲ € 321,066 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -4.9 million.
People and assets in 2025
3.3
▲ 1.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 206,561
▲ 143% vs 2024
€ 62,600 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.
€ 8,333
▼ 30% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 846,960
▼ 38% vs 2024
€ 193,438 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 1.5 million
▲ 93% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 36,298
▲ 110% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -90,421 | € -459,336 | € -1,177,545 | € -1,325,820 | ▼ € 148,275 |
| Profit after taxes | € -333,002 | € -517,229 | € -1,392,988 | € -1,662,625 | ▼ € 269,637 |
| Equity | € -594,843 | € 1,124,575 | € -268,413 | € 636,115 | ▲ € 904,528 |
| Total debts | € 1,066,433 | € 841,273 | € 2,623,187 | € 2,433,914 | ▼ 7% |
| Cash | € 63,278 | € 881,156 | € 100,351 | € 421,418 | ▲ € 321,066 |
| Retained profit | € -1,369,843 | € -1,887,072 | € -3,280,061 | € -4,942,685 | ▼ € 1.7 million |
| Bank debt | € 22,469 | € 336,398 | € 1,364,180 | € 846,960 | ▼ 38% |
| Balance sheet total | € 471,590 | € 1,965,848 | € 2,354,774 | € 3,070,029 | ▲ 30% |
| Employees (FTE) | 1 | 0.1 | 1.9 | 3.3 | ▲ 1.4 |
Key figures of FIDELMED, 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 FIDELMED?
What happened at FIDELMED in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Mediaxe BV stepped down as director. NBB
- SPIDERWEB BV stepped down as director. NBB
- BENOVITY BV stepped down as director. NBB
- Decura Pharma BV stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 1.7 million. Source: NBB ↗
- BENOVITY BV became a director. NBB
- Mediaxe BV became a director. NBB
- New establishment in Gent. KBO
In short
From € 333,002 loss in 2022 to € 1.7 million loss in 2025.
Paid € 2,859 in corporate taxes since 2022.
Management
The stake of DECURA PHARMA, VALERUS, Edson Law comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
FIDELMEDThe shares are held by DECURA PHARMA (50%), VALERUS (0.9%) and Edson Law. It owns 100% of PHARMA FIDELMED itself.
Directors
According to the 2025 annual accounts
Director · represented by Kristof Cannoot
Also active at: PHARMA FIDELMED, MAKE IT HAPPEN
since 2023 · until 2027
Director · represented by Toon Coppens
Also active at: REALO, PHARMA FIDELMED, REDCAT VENTURES
since 2018 · until 2027
Director · represented by Paul Moreau
Also active at: ECOLE-IT, GMP immo, City XL, HAM Holding, GMP Fort Jaco, ROLU, GMP GENVAL, PMZ LOMMEL +2 more
since 2025 · until 2027
Director · represented by Andy Decuypere
Also active at: MEDISALE, Deraphar, LINDEPHAR, APOTHEEK RAES, PHARMA FIDELMED, HEALTH AND BEAUTY SHOP, DYNA DISTRIBUTION
since 2018 · until 2027
Shareholders
Participations
100%
Establishments
Establishment units
Physical locations of this company
Waalkens 11 box B
9030 Gent
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.
Details
- Company number
- 0698.912.120
- VAT number
- BE 0698.912.120
- Registered office
- Waalkens 11 bus B, 9030 Gent
- Names & denominations
- FIDELMED
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 28 June 2018
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
Groothandel in farmaceutische en medische artikelen
Overige diensten op het gebied van informatietechnologie en computer
Uitgeven van overige software
Activiteiten op het gebied van computerconsultancy en beheer van computerfaciliteiten
Computerconsultancy-activiteiten