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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Tight liquidity NBB
Cash and receivables cover 31 % of short-term debt in 2025; threshold 65 %.
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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
MEDINVAS from Merelbeke-Melle, company number BE0822135970, closed financial year 2025 with a result of € 30,112 after tax. For that financial year MEDINVAS recorded a gross margin of € 116,430 and equity of € 220,305. Compared with financial year 2024, the result moved from € 29,702 to € 30,112. Profitable, and profit is growing. 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 2, 2026.
€ 220,305
▼ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 30,112
▲ 1% vs 2024
Profit after tax over the fiscal year.
€ 24,825
▼ 53% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 37,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 185
▼ 50% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 248,915
▼ 19% vs 2024
€ 59,055 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 9,932
▲ € 9,732 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 6,152
▲ 82% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 106,835 | € 105,619 | € 120,561 | € 116,430 | ▼ 3% |
| Profit after taxes | € 22,489 | € 19,017 | € 29,702 | € 30,112 | ▲ 1% |
| Equity | € 178,473 | € 197,491 | € 227,193 | € 220,305 | ▼ 3% |
| Total debts | € 544,858 | € 367,926 | € 312,041 | € 265,640 | ▼ 15% |
| Cash | € 134,985 | € 25,463 | € 52,346 | € 24,825 | ▼ 53% |
| Land & buildings | € 584,457 | € 526,671 | € 485,391 | € 460,839 | ▼ 5% |
| Retained profit | € 73,473 | € 92,491 | € 122,193 | € 115,305 | ▼ 6% |
| Dividend | € 0 | € 0 | € 0 | € 37,000 | |
| Bank debt | € 419,599 | € 361,031 | € 308,176 | € 248,915 | ▼ 19% |
| Balance sheet total | € 723,331 | € 565,417 | € 539,234 | € 485,946 | ▼ 10% |
Key figures of MEDINVAS, 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 MEDINVAS?
What happened at MEDINVAS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 30,112 (▲ 1% vs 2024). Source: NBB ↗
- Sabine Verdonck became a director. NBB
- Hendrik Bovendaerde became a director. NBB
- Peter Muylaert became a director. NBB
- New establishment in Merelbeke-Melle. KBO
- Start of the company according to the CBE. KBO
In short
From € 22,489 profit in 2022 to € 30,112 profit in 2025.
Paid € 45,378 in corporate taxes since 2022.
Best year ever: 2025, with € 30,112 profit.
Paid out € 37,000 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 MEDINVAS are Sabine Verdonck, Hendrik Bovendaerde and Peter Muylaert. Sabine Verdonck is also behind DOKTER S. VERDONCK. Hendrik Bovendaerde is also behind Dr. H. Bovendaerde, huisarts. Peter Muylaert is also behind DOKTER P. MUYLAERT.
Directors
According to the 2025 annual accounts
since 2023
since 2023
since 2023
Establishments
Establishment units
Physical locations of this company
Ter Cleye 27
9820 Merelbeke-Melle
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
- 0822.135.970
- VAT number
- BE 0822.135.970
- Registered office
- Ter Cleye 27, 9820 Merelbeke-Melle
- Names & denominations
- MEDINVAS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 11 January 2010
- Peppol
- Not registered