MEDAL is a consultancy in Izegem. Private Limited, started on 23 January 2007, 1 establishment.

What is the address of MEDAL?

The registered office of MEDAL is located at Hollebeekstraat 6, 8870 Izegem.

Is MEDAL still active?

Yes. According to the CBE (29 October 2026) MEDAL is active, legal situation “Normale toestand”, started on 23 January 2007.

Is MEDAL registered on Peppol?

Yes, MEDAL is registered on the Peppol network with ID 0208:0886643445.

What is the enterprise number of MEDAL?

The enterprise number of MEDAL is BE0886643445.

When was MEDAL founded?

MEDAL was founded on 23 January 2007.

Who are the directors of MEDAL?

According to the 2025 annual accounts, the directors of MEDAL are: Herbert Herreman.

Is MEDAL a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 23 January 2007; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did MEDAL make in 2025?

MEDAL recorded a loss after taxes of € 323,542 in financial year 2025.

What is the revenue of MEDAL?

As a small company, MEDAL is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 125,366.

MEDAL (Private Limited) - Izegem - BE0886643445

Dossier MEDAL, printed on 29 October 2026 from databakkes.be/en/0886643445/medal. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Two loss years in a row NBB

Negative result in 2024 and 2025.

Financials

Financial year 2025

MEDAL from Izegem, company number BE0886643445, closed financial year 2025 with a result of € -323,542 after tax. For that financial year MEDAL recorded a gross margin of € 125,366 and equity of € 90,271. Compared with financial year 2024, the result moved from € -122,830 to € -323,542. The company made a loss. The buffer shrank hard: equity is 78 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 1, 2026.

What it is worth Shrank hard

€ 90,271

▼ 78% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -323,542

▼ 163 % more loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 6

▲ 11% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -556,616.

People and assets in 2025

Vehicles and equipment

€ 2,296

▼ 53% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 10 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 2.2 million

▲ 208% vs 2024

€ 217,386 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.

Owed to suppliers

€ 448,936

▼ 68% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 2,667

▼ 49% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 285,753 Gross margin 2022: € 285,753 First fiscal year in the series	€ 106,228 Gross margin 2023: € 106,228 ▼ 63% vs 2022 (€ 285,753) Unfavourable step	€ 65,960 Gross margin 2024: € 65,960 ▼ 38% vs 2023 (€ 106,228) Unfavourable step	€ 125,366 Gross margin 2025: € 125,366 ▲ 90% vs 2024 (€ 65,960) Favourable step	▲ 90%
Profit after taxes	€ 37,982 Profit after taxes 2022: € 37,982 First fiscal year in the series	€ -165,855 Profit after taxes 2023: € -165,855 ▼ € 203,837 vs 2022 (€ 37,982) Unfavourable step	€ -122,830 Profit after taxes 2024: € -122,830 ▲ € 43,025 vs 2023 (€ -165,855) Favourable step	€ -323,542 Profit after taxes 2025: € -323,542 ▼ € 200,712 vs 2024 (€ -122,830) Unfavourable step	▼ € 200,712
Equity	€ 702,498 Equity 2022: € 702,498 First fiscal year in the series	€ 536,643 Equity 2023: € 536,643 ▼ 24% vs 2022 (€ 702,498) Unfavourable step	€ 413,813 Equity 2024: € 413,813 ▼ 23% vs 2023 (€ 536,643) Unfavourable step	€ 90,271 Equity 2025: € 90,271 ▼ 78% vs 2024 (€ 413,813) Unfavourable step	▼ 78%
Total debts	€ 3,623,196 Total debts 2022: € 3,623,196 First fiscal year in the series	€ 3,560,178 Total debts 2023: € 3,560,178 ▼ 2% vs 2022 (€ 3,623,196) Favourable step	€ 2,225,943 Total debts 2024: € 2,225,943 ▼ 37% vs 2023 (€ 3,560,178) Favourable step	€ 2,802,195 Total debts 2025: € 2,802,195 ▲ 26% vs 2024 (€ 2,225,943) Unfavourable step	▲ 26%
Cash	€ 237 Cash 2022: € 237 First fiscal year in the series	€ 116 Cash 2023: € 116 ▼ 51% vs 2022 (€ 237) Unfavourable step	€ 5 Cash 2024: € 5 ▼ 95% vs 2023 (€ 116) Unfavourable step	€ 6 Cash 2025: € 6 ▲ 11% vs 2024 (€ 5) Favourable step	▲ 11%
Land & buildings	€ 2,281,642 Land & buildings 2022: € 2,281,642 First fiscal year in the series	€ 2,146,875 Land & buildings 2023: € 2,146,875 ▼ 6% vs 2022 (€ 2,281,642) Unchanged	€ 2,152,750 Land & buildings 2024: € 2,152,750 Unchanged (€ 2,146,875) Unchanged	€ 2,134,365 Land & buildings 2025: € 2,134,365 ▼ 1% vs 2024 (€ 2,152,750) Unchanged	▼ 1%
Retained profit	€ 37,254 Retained profit 2022: € 37,254 First fiscal year in the series	€ -128,601 Retained profit 2023: € -128,601 ▼ € 165,855 vs 2022 (€ 37,254) Unfavourable step	€ -233,074 Retained profit 2024: € -233,074 ▼ € 104,473 vs 2023 (€ -128,601) Unfavourable step	€ -556,616 Retained profit 2025: € -556,616 ▼ € 323,542 vs 2024 (€ -233,074) Unfavourable step	▼ € 323,542
Bank debt	€ 975,390 Bank debt 2022: € 975,390 First fiscal year in the series	€ 900,979 Bank debt 2023: € 900,979 ▼ 8% vs 2022 (€ 975,390) Favourable step	€ 725,095 Bank debt 2024: € 725,095 ▼ 20% vs 2023 (€ 900,979) Favourable step	€ 2,233,301 Bank debt 2025: € 2,233,301 ▲ 208% vs 2024 (€ 725,095) Unfavourable step	▲ 208%
Balance sheet total	€ 4,325,693 Balance sheet total 2022: € 4,325,693 First fiscal year in the series	€ 4,096,821 Balance sheet total 2023: € 4,096,821 ▼ 5% vs 2022 (€ 4,325,693) Unchanged	€ 2,639,756 Balance sheet total 2024: € 2,639,756 ▼ 36% vs 2023 (€ 4,096,821) Unchanged	€ 2,892,466 Balance sheet total 2025: € 2,892,466 ▲ 10% vs 2024 (€ 2,639,756) Unchanged	▲ 10%

Key figures of MEDAL, 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 MEDAL?

What happened at MEDAL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Oct 1, 2026 New annual accounts for financial year 2025: loss of € 323,542. filed late Source: NBB ↗
2016 Herbert Herreman became a director. NBB
Jan 29, 2007 New establishment in Izegem. KBO
Jan 23, 2007 Start of the company according to the CBE. KBO

In short

From € 37,982 profit in 2022 to € 323,542 loss in 2025.

Best year ever: 2022, with € 37,982 profit.

Original PDFs at the National Bank ↗

Management

Herbert Herreman

MEDAL

PAGECO

HER-INVEST

VimmoH

Behind MEDAL is Herbert Herreman. Herbert Herreman is also behind PAGECO, HER-INVEST, VimmoH, KORTRIJK NOORD and RENO INVEST.

Directors

According to the 2025 annual accounts

Herbert Herreman

Director

Also active at: PAGECO, HER-INVEST, VimmoH, KORTRIJK NOORD, RENO INVEST

since 2016

Establishments

Establishment units

Physical locations of this company

Registered office

Hollebeekstraat 6

8870 Izegem

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 8 companies are registered at this address.

All companies at this address →

Tennisclub Isis

PAGECO same network

€ 13,311 gross margin · 2026

KUNARI same network

€ 186,022 gross margin · 2025

BUA BUILDING

€ -150,597 gross margin · 2025

VimmoH same network

€ 71,632 gross margin · 2025

+3 more

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0886.643.445

VAT number

BE 0886.643.445

Registered office

Hollebeekstraat 6, 8870 Izegem

Names & denominations

MEDAL

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

23 January 2007

Peppol

Active · Active since 21 Oct 2026

Activities · NACE

Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering

Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies

View on CBE Public ↗ Annual accounts (NBB) ↗

MEDAL

Warning lights

Financials

What happened to MEDAL?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions