Financials
Financial year 2025
Medwest from Gent, company number BE0832180420, closed financial year 2025 with a result of € 190,396 after tax. For that financial year Medwest recorded a gross margin of € 310,254 and equity of € 937,047. Compared with financial year 2024, the result moved from € 166,672 to € 190,396. Profitable, and profit is growing. 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 July 22, 2026.
€ 937,047
▲ 13% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 190,396
▲ 14% vs 2024
Profit after tax over the fiscal year.
€ 324,968
▲ 29% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 80,405 paid out
42 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 59,538
▲ 21% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 84,028
▼ 29% vs 2024
€ 35,296 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 77
▼ 87% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 5,795
▲ 40% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 265,650 | € 297,784 | € 301,027 | € 310,254 | ▲ 3% |
| Profit after taxes | € 148,012 | € 150,035 | € 166,672 | € 190,396 | ▲ 14% |
| Equity | € 656,527 | € 723,097 | € 827,056 | € 937,047 | ▲ 13% |
| Total debts | € 203,825 | € 181,626 | € 125,971 | € 92,348 | ▼ 27% |
| Cash | € 307,432 | € 141,451 | € 251,233 | € 324,968 | ▲ 29% |
| Land & buildings | € 283,961 | € 255,223 | € 226,484 | € 198,373 | ▼ 12% |
| Retained profit | € 644,127 | € 710,697 | € 814,656 | € 924,647 | ▲ 14% |
| Dividend | € 69,000 | € 83,465 | € 82,963 | € 80,405 | ▼ 3% |
| Bank debt | € 183,807 | € 151,536 | € 118,286 | € 84,028 | ▼ 29% |
| Balance sheet total | € 860,353 | € 904,723 | € 953,027 | € 1,029,395 | ▲ 8% |
Key figures of Medwest, 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 Medwest?
What happened at Medwest in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 190,396 (▲ 14% vs 2024). Source: NBB ↗
- New establishment in Gent. KBO
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- Jeroen Claeys became a director. NBB
- New establishment in Gent. KBO
In short
From € 148,012 profit in 2022 to € 190,396 profit in 2025.
Paid € 315,292 in corporate taxes since 2022.
Best year ever: 2025, with € 190,396 profit.
Paid out € 315,833 in dividends to the owners in total.
Management
Behind Medwest is Jeroen Claeys.
Directors
According to the 2025 annual accounts
Jeroen Claeys
Director
since 2010
Establishments
Establishment units
Physical locations of this company
Westergemstraat 183
9032 Gent
Bevrijdingslaan 208
9000 Gent
Active since 1 September 2013
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- CLAEYS Jeroen Roger Annie Alice Jeanette(oprichter) 100%
Details
- Company number
- 0832.180.420
- VAT number
- BE 0832.180.420
- Registered office
- Westergemstraat 183, 9032 Gent
- Names & denominations
- Medwest
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 December 2010
- Peppol
- Active · Active since 6 Jan 2026
- Activities · NACE
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