ACTIVE

MED CONCEPT EUROPE

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Financial year 2024 · Closed on 31/12/2024

Net result110,6 k €+45,5 %over 1 year
Gross margin691,1 k €
Equity4,1 M €+2,8 %over 1 year
Workforce4,0 ETP+5,3 %over 1 year

Identity

Source · BCE/KBO

MED CONCEPT EUROPE is a Public limited company incorporated in 1972. Its registered office is in Woluwe-Saint-Pierre. It employs on average 4,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0412.045.013
Incorporation
22/02/1972
Legal form
Public limited company
Registered office
Avenue Roger Vandendriessche 18
1150 Woluwe-Saint-Pierre · BruxellesSee on map
Contributed capital
62 000,00 €
Latest accounts
31/12/2024
Average workforce
4,0 ETP
Signals
ProfitableGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 20 financial years

20242023202220212020
Income statement
Gross margin691,1 k €––––
EBITDA305,3 k €275,6 k €-333,9 k €585,6 k €324 k €
Operating result296,3 k €266,5 k €-342,9 k €578,1 k €310,5 k €
Net result110,6 k €76 k €172,9 k €72,2 k €100,4 k €
Balance sheet
Equity4,1 M €3,9 M €3,9 M €3,7 M €3,6 M €
Total assets16,9 M €17,8 M €22,3 M €21,1 M €22,7 M €
Cash3,8 M €2,8 M €2,6 M €2,6 M €919,2 k €
Debts12,8 M €13,8 M €18,5 M €17,4 M €19 M €
Other
Workforce4,0 ETP3,8 ETP3,6 ETP3,5 ETP4,3 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2024

3 active · 3 ended

Active mandates

FARAH GHADDAR

Mandate

Active
HUSSEIN HASSOUN

Mandate

Active
SAWSSEN HASSOUN

Mandate

Active

Ended mandates

AHMAD HASSOUN

Managing director

Ended
KARIM GHADDAR

Mandate

Ended
KHALED ZOUGHLAMI

Director

Ended

Other companies at this address

Avenue Roger Vandendriessche 18 1150 Woluwe-Saint-Pierre
CompanyCBE no.
Association des copropriétaires de la Résidence LE LEOPOLD sise à Woluwe-Saint-Pierre, avenue Roger Vandendriessche 18● Active
0830.656.827
Association des éditeurs belges● Active
0408.317.342
CALIBRE EXPERTISE● Active
0881.574.305
COOPERATIVE DE PERCEPTION ET D'INDEMNISATION DES EDITEURS BELGES● Active
0466.398.071
Credendo - Guarantees & Speciality Risks● Active
0864.602.471
D-Consultancy Services● Active
0544.681.328
Espoir et Culture ACC● Liquidation
0664.779.701
EUROPEAN BUSINESS AND INNOVATION CENTRE NETWORK● Active
0426.938.768
GUIDANT GLOBAL BELGIUM● Active
0544.671.232
IMV CONSULT● Active
0786.503.219
International Wool Secretariat● Active
0406.597.670
NDA CONSULT● Active
0823.114.779
ProUnity● Active
0568.514.822
Source Automation Belgium● Active
0845.858.707
VMS EU● Active
1032.510.659

Full financial information

Source · NBB
202420232022202120202019
Type of accountAbridged modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date29/07/202529/07/202423/10/202327/10/202230/11/202108/10/2020
General meeting30/06/202522/07/202402/10/202317/10/202229/11/202130/09/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202430/06/202529/07/2025FrenchPDF
Full model31/12/202322/07/202429/07/2024FrenchPDF
Full model31/12/202202/10/202323/10/2023FrenchPDF
Full model31/12/202117/10/202227/10/2022FrenchPDF
Full model31/12/202029/11/202130/11/2021FrenchPDF
Full model31/12/201930/09/202008/10/2020FrenchPDF
Full model31/12/201825/09/201930/09/2019FrenchPDF
Abridged model31/12/201720/09/201827/09/2018FrenchPDF
Abridged model31/12/201627/09/201729/09/2017FrenchPDF
Abridged model31/12/201514/06/201624/06/2016FrenchPDF
Abridged model31/12/201429/09/201529/09/2015FrenchPDF
Abridged model31/12/201325/09/201429/09/2014FrenchPDF
Abridged model30/09/201230/05/201331/05/2013FrenchPDF
Abridged model30/09/201130/05/201226/06/2012FrenchPDF
Abridged model30/10/201029/04/201129/04/2011FrenchPDF
Abridged model30/09/201029/04/201124/06/2011FrenchPDF
Abridged model30/09/200929/05/201008/06/2010FrenchPDF
Abridged model30/09/200826/05/200927/05/2009FrenchPDF
Abridged model30/09/200722/02/200807/04/2008FrenchPDF
Abridged model30/09/200623/02/200724/04/2007FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2024

3 active · 3 ended

Active mandates

FARAH GHADDAR

Mandate

Active
HUSSEIN HASSOUN

Mandate

Active
SAWSSEN HASSOUN

Mandate

Active

Ended mandates

AHMAD HASSOUN

Managing director

Ended
KARIM GHADDAR

Mandate

Ended
KHALED ZOUGHLAMI

Director

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Registered office12/05/2026
    SIEGE SOCIAL
    PDF
  • Mandates26/10/2023
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates16/10/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates04/08/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates13/06/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Capital / shares15/02/2023
    CAPITAL, ACTIONS
    PDF
  • Mandates10/02/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates27/01/2023
    CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2024
    Annual accounts 2024110,6 k €↑
  2. 2023
    Annual accounts 202376 k €↓
  3. 2022
    Annual accounts 2022172,9 k €↑
  4. 2021
    Annual accounts 202172,2 k €↓
  5. 2020
    Annual accounts 2020100,4 k €↓
  6. 2019
    Annual accounts 2019220,8 k €↓
  7. 2018
    Annual accounts 2018342,1 k €↓
  8. 2017
    Annual accounts 2017576,2 k €↑
  9. 2016
    Annual accounts 2016323 k €↑
  10. 2015
    Annual accounts 2015299,9 k €↑
  11. 2014
    Annual accounts 201483,3 k €↓
  12. 2013
    Annual accounts 2013190,6 k €↓
  13. 2012
    Annual accounts 2012210,7 k €↑
  14. 2011
    Annual accounts 2011167,8 k €↓
  15. 2010
    Annual accounts 2010184 k €↑
  16. 2010
    Annual accounts 2010184 k €↓
  17. 2009
    Annual accounts 2009220,5 k €↓
  18. 2008
    Annual accounts 2008600,8 k €↑
  19. 2007
    Annual accounts 200731,2 k €↑
  20. 2006
    Annual accounts 200611,8 k €
  21. 22/02/1972
    IncorporationPublic limited company