Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 104.5 to 89.4.
-
Figures corrected NBB
Corrected annual account filed for 2024.
Financials
Financial year 2025
GMED HEALTHCARE from Machelen (Brab.), company number BE0822358674, closed financial year 2025 with a result of € 4.3 million after tax. For that financial year GMED HEALTHCARE recorded revenue of € 3.6 billion and equity of € 85.1 million. Compared with financial year 2024, the result moved from € 7.9 million to € 4.3 million. The company is profitable. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 6, 2026.
€ 85.1 million
▲ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 4.3 million
▼ 46% vs 2024
Profit after tax over the fiscal year.
€ 190.6 million
▼ 55% 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 € 53.5 million.
People and assets in 2025
89.4
▼ 8.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 15.3 million
▲ 7% vs 2024
€ 171,400 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.
€ 692,605
▲ 70% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.7 billion
▼ 5% vs 2024
Loans from banks and other lenders, long and short.
€ 319.5 million
▼ 28% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 32 days on average.
€ 9.9 million
▲ 11% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 3,396,423,004 | € 3,846,848,374 | € 3,694,453,657 | € 3,610,845,131 | ▼ 2% |
| Profit after taxes | € 3,201,448 | € 3,638,765 | € 7,912,946 | € 4,254,464 | ▼ 46% |
| Equity | € 69,757,045 | € 73,235,929 | € 80,988,993 | € 85,083,576 | ▲ 5% |
| Total debts | € 2,478,267,173 | € 2,137,787,478 | € 2,281,200,536 | € 2,055,627,885 | ▼ 10% |
| Cash | € 36,095,096 | € 202,044,944 | € 425,496,339 | € 190,620,187 | ▼ 55% |
| Land & buildings | € 24,059,457 | € 23,531,904 | € 22,141,340 | € 22,018,941 | ▼ 1% |
| Retained profit | € 37,720,823 | € 41,359,588 | € 49,272,534 | € 53,526,998 | ▲ 9% |
| Bank debt | € 1,976,200,000 | € 1,976,200,000 | € 1,826,200,000 | € 1,726,200,000 | ▼ 5% |
| Balance sheet total | € 2,548,024,218 | € 2,211,023,406 | € 2,362,189,530 | € 2,140,711,461 | ▼ 9% |
| Employees (FTE) | 108.5 | 104.5 | 97.5 | 89.4 | ▼ 8.1 |
Key figures of GMED HEALTHCARE, 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 GMED HEALTHCARE?
What happened at GMED HEALTHCARE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 4.3 million (▼ 46% vs 2024). Source: NBB ↗
- Sylvie Bianchi stepped down as director. NBB
- Maarten Van Looveren became a director. NBB
- Sylvie Bianchi became a director. NBB
- Elena Gironi became a director. NBB
- New establishment in La Louvière. KBO
- New establishment in Courcelles. KBO
- Start of the company according to the CBE. KBO
In short
From € 3.2 million profit in 2022 to € 4.3 million profit in 2025.
Paid € 5.6 million in corporate taxes since 2022.
Best year ever: 2024, with € 7.9 million profit.
Pays suppliers within 32 days on average.
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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 GMED HEALTHCARE are Maarten Van Looveren and Elena Gironi. Elena Gironi is also behind OMRIX BIOPHARMACEUTICALS.
Directors
According to the 2025 annual accounts
Maarten Van Looveren
Director
since 2025
since 2021
Sylvie Bianchi
Director
since 2023 · until 2025
Establishments
Establishment units
Physical locations of this company
Leonardo da Vincilaan 15
1831 Machelen (Brab.)
Rue du Luxembourg(CO) 5
6180 Courcelles
Active since 27 January 2010
Rue du Bois de la Hutte(H-G) 7
7110 La Louvière
Active since 1 November 2014
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
All companies at this address →JOHNSON & JOHNSON MEDICAL
€ 330 million revenue · 2025
OMRIX BIOPHARMACEUTICALS same network
€ 107 million revenue · 2025
BELGIUM - LUXEMBOURG ORACLE USER GROUP
JJSV Belgium
€ 7.6 million revenue · 2024
DePuy Synthes (Belgium)
+1 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
GANDI-AS Domain name registrar - www.gandi.net, FR
Website info
Features
Security
Details
- Company number
- 0822.358.674
- VAT number
- BE 0822.358.674
- Registered office
- Leonardo da Vincilaan 15, 1831 Machelen (Brab.)
- Names & denominations
- GMED HEALTHCARE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 January 2010
- Peppol
- Active · Active since 18 Dec 2025
- Contact
- amcham.be
- Activities · NACE
Groothandel in farmaceutische en medische artikelen
Activiteiten van holdings
Handel in eigen onroerend goed
Holdings