Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 2 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Medimundi from Turnhout, company number BE0749994102, closed financial year 2025 with a result of € -221,147 after tax. For that financial year Medimundi recorded a gross margin of € -11,978 and equity of € -2.3 million. Compared with financial year 2024, the result moved from € -274,165 to € -221,147. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 1, 2026.
€ -2.3 million
▼ € 357,141 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -221,147
▲ 19 % less loss than in 2024
Profit after tax over the fiscal year.
€ 25,185
▲ 3% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -3.8 million.
People and assets in 2025
€ 654
▼ 72% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 2,902
▼ 67% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -111,538 | € 392,616 | € -7,333 | € -11,978 | ▼ € 4,645 |
| Profit after taxes | € -1,593,153 | € 94,132 | € -274,165 | € -221,147 | ▲ € 53,018 |
| Equity | € -1,436,502 | € -1,490,240 | € -1,912,274 | € -2,269,414 | ▼ € 357,141 |
| Total debts | € 2,766,223 | € 2,299,115 | € 2,413,018 | € 2,488,882 | ▲ 3% |
| Cash | € 17,523 | € 25,909 | € 24,550 | € 25,185 | ▲ 3% |
| Land & buildings | € 257,626 | € 224,967 | € 192,308 | € 159,649 | ▼ 17% |
| Retained profit | € -3,417,606 | € -3,323,474 | € -3,597,639 | € -3,818,787 | ▼ € 221,147 |
| Balance sheet total | € 1,329,721 | € 808,875 | € 500,744 | € 219,468 | ▼ 56% |
| Employees (FTE) | 2.3 | - | - | - |
Key figures of Medimundi, 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 Medimundi?
What happened at Medimundi in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Merckator BV stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 221,147. Source: NBB ↗
- Werner Jacobs stepped down as director. NBB
- Hilde Cloostermans - Huwaert stepped down as director. NBB
- Wilfried Aendekerk stepped down as director. NBB
- David Germis stepped down as director. NBB
- Rudy Mattheus stepped down as director. NBB
- Tinneke Baeyens stepped down as director. NBB
In short
From € 1.6 million loss in 2022 to € 221,147 loss in 2025.
Paid € 215 in corporate taxes since 2022.
Best year ever: 2023, with € 94,132 profit.
Management
The shares are held by Cartamundi NV (70%), UA Antwerpen VZW (12%), Terdi NV NV (12%) and Rudy Mattheus (6%).
Directors
According to the 2025 annual accounts
since 2023 · until 2026
Director · represented by Stefaan Merckx
Also active at: REYNAERS ALUMINIUM, Cartamundi Digital Ventures, Cartamundi Services
since 2025 · until 2028
Hilde Cloostermans - Huwaert
Director
since 2020 · until 2026
Wilfried Aendekerk
Director
since 2024 · until 2026
since 2020 · until 2026
Rudy Mattheus
Director
Owns 6% directly
Also active at: MEDIFIN, E-HEALTH VENTURE, Pro Concepts Blue Zone, ACONTERRA FUND, MeduPro, GHCD België
since 2020 · until 2026
Tinneke Baeyens
Director
since 2024 · until 2026
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Visbeekstraat 22
2300 Turnhout
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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
- 0749.994.102
- VAT number
- BE 0749.994.102
- Registered office
- Visbeekstraat 22, 2300 Turnhout
- Names & denominations
- Medimundi
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 July 2020
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Overige zakelijke dienstverlening, neg
Groothandel in farmaceutische en medische artikelen
Overige industrie, neg