Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
Medical Coding Outsourcing from Nivelles, company number BE0756695317, closed financial year 2025 with a result of € 45,591 after tax. For that financial year Medical Coding Outsourcing recorded a gross margin of € 94,565 and equity of € 288,354. Compared with financial year 2024, the result moved from € 46,646 to € 45,591. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 5, 2026.
€ 288,354
▲ 19% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 45,591
▼ 2% vs 2024
Profit after tax over the fiscal year.
€ 45,323
▲ 23% 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 € 288,354.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 25,017
▲ 21% 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.
€ 5,555
▼ 67% 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.
€ 5,348
▲ 112% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 24,750
▲ 75% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 122,639 | € 148,318 | € 98,504 | € 94,565 | ▼ 4% |
| Profit after taxes | € 73,050 | € 85,266 | € 46,646 | € 45,591 | ▼ 2% |
| Equity | € 110,851 | € 196,117 | € 242,763 | € 288,354 | ▲ 19% |
| Total debts | € 73,045 | € 61,769 | € 20,192 | € 30,147 | ▲ 49% |
| Cash | € 94,931 | € 169,730 | € 36,760 | € 45,323 | ▲ 23% |
| Retained profit | € 110,851 | € 196,117 | € 242,763 | € 288,354 | ▲ 19% |
| Dividend | € 18,000 | € 0 | € 0 | € 0 | |
| Bank debt | € 24,123 | € 13,784 | € 3,446 | € 0 | ▼ 100% |
| Balance sheet total | € 183,896 | € 257,887 | € 262,955 | € 318,501 | ▲ 21% |
Key figures of Medical Coding Outsourcing, 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 Medical Coding Outsourcing?
What happened at Medical Coding Outsourcing in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 45,591 (▼ 2% vs 2024). filed late Source: NBB ↗
- New establishment in Nivelles. KBO
- Start of the company according to the CBE. KBO
- Radia Mehalaine became a director. NBB
In short
From € 73,050 profit in 2022 to € 45,591 profit in 2025.
Paid € 99,432 in corporate taxes since 2022.
Best year ever: 2023, with € 85,266 profit.
Paid out € 18,000 in dividends to the owners in total.
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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 Medical Coding Outsourcing is Radia Mehalaine. Radia Mehalaine is also behind LE BOSCO.
Directors
According to the 2025 annual accounts
since 2020
Establishments
Establishment units
Physical locations of this company
Chaussée de Braine-le-Comte 102
1400 Nivelles
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0756.695.317
- VAT number
- BE 0756.695.317
- Registered office
- Chaussée de Braine-le-Comte 102, 1400 Nivelles
- Names & denominations
- Medical Coding Outsourcing · M.C.O.
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 16 October 2020
- Peppol
- Not registered
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