ACTIVE

Medizorg

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Financial year 2025 · closed on 31/05/2025
Net result
6,9 M €
-2.2% YoY
Revenue
23,8 M €
+6.1% YoY
Equity
52,8 M €
+12.6% YoY
Workforce
23,5 ETP
+9.8% YoY

What does Medizorg do?

Medizorg is a Cooperative society incorporated in 1980. Its main activity is: Pre-primary education. Its registered office is in Merelbeke-Melle. It employs on average 23,5 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0420.397.307
Incorporation
01/04/1980
Legal form
Cooperative society
Registered office
Hundelgemsesteenweg 101B box 5
9820 Merelbeke-Melle · FlandreSee on map
Contributed capital
1 659 500,00 €
Latest accounts
31/05/2025
Average workforce
23,5 ETP
Activities (NACE)
85120Pre-primary education· main86220Specialist medical practice activities86220Specialist medical practice activities86909Other human health activities86995Other human health activities
Joint committees (4)
  • 100
  • 1000
  • 30502
  • 33004
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 5 financial years

20252024202320222007
Income statement
Revenue23,8 M €22,5 M €21 M €19,5 M €13,7 M €
EBITDA9,9 M €10,3 M €9,2 M €9,5 M €2,7 M €
Operating result8,9 M €9,4 M €8,4 M €8,6 M €2,2 M €
Net result6,9 M €7 M €6 M €6 M €1,9 M €
Balance sheet
Equity52,8 M €46,9 M €40,6 M €36,4 M €9,2 M €
Total assets54,4 M €48,7 M €42,5 M €39,3 M €10,9 M €
Cash6,5 M €7,5 M €14,6 M €16,7 M €1,4 M €
Debts1,7 M €1,9 M €1,9 M €2,9 M €1,7 M €
Other
Workforce23,5 ETP21,4 ETP23,3 ETP23,0 ETP17,3 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 100 M€ and 250 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/05/2025 · 3 active · 280 ended

Active mandates

Alexander Baekelandt

Director · since 28 septembre 2024 · until 27 septembre 2027

Active
Philippe Geysens

Managing director · since 28 septembre 2024 · until 27 septembre 2027

Active
Rik Joos

Chairman of the board of directors · since 28 septembre 2024 · until 27 septembre 2027

Active

Ended mandates

Alexander Baekelandt

Director · since 25 septembre 2021 · until 28 septembre 2024

Ended
Philippe Geysens

Managing director · since 25 septembre 2021 · until 28 septembre 2024

Ended
Rik Joos

Chairman of the board of directors · since 25 septembre 2021 · until 28 septembre 2024

Ended
Alexander Baekelandt

Director · since 29 décembre 2020 · until 29 décembre 2023

Ended
At this address

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PYCK MARC● Active
0423.519.915
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0426.631.437
Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/06/202401/06/202301/06/202201/06/202101/06/202001/06/2019
Closing of the financial year31/05/202531/05/202431/05/202331/05/202231/05/202131/05/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date30/09/202522/10/202411/10/202312/10/202205/10/202112/10/2020
General meeting27/09/202528/09/202430/09/202324/09/202225/09/202126/09/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

19 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/05/202527/09/202530/09/2025DutchPDF
Full model31/05/202428/09/202422/10/2024DutchPDF
Full model31/05/202330/09/202311/10/2023DutchPDF
Full model31/05/202224/09/202212/10/2022DutchPDF
Full model31/05/202125/09/202105/10/2021DutchPDF
Full model31/05/202026/09/202012/10/2020DutchPDF
Full model31/05/201928/09/201914/10/2019DutchPDF
Full model31/05/201829/09/201815/10/2018DutchPDF
Full model31/05/201723/09/201711/10/2017DutchPDF
Full model31/05/201624/09/201619/10/2016DutchPDF
Full model31/05/201526/09/201526/10/2015DutchPDF
Full model31/05/201427/09/201427/10/2014DutchPDF
Full model31/05/201329/09/201328/10/2013DutchPDF
Full model31/05/201230/09/201204/01/2013DutchPDF
Full model31/05/201125/09/201126/10/2011DutchPDF
Full model31/05/201025/09/201007/10/2010DutchPDF
Full model31/05/200927/09/200930/09/2009DutchPDF
Full model31/05/200828/09/200802/10/2008DutchPDF
Full model31/05/200723/09/200705/10/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 M€ and 250 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.

Governance

Board of directors

Seen on filing of 31/05/2025 · 3 active · 280 ended

Active mandates

Alexander Baekelandt

Director · since 28 septembre 2024 · until 27 septembre 2027

Active
Philippe Geysens

Managing director · since 28 septembre 2024 · until 27 septembre 2027

Active
Rik Joos

Chairman of the board of directors · since 28 septembre 2024 · until 27 septembre 2027

Active

Ended mandates

Alexander Baekelandt

Director · since 25 septembre 2021 · until 28 septembre 2024

Ended
Philippe Geysens

Managing director · since 25 septembre 2021 · until 28 septembre 2024

Ended
Rik Joos

Chairman of the board of directors · since 25 septembre 2021 · until 28 septembre 2024

Ended
Alexander Baekelandt

Director · since 29 décembre 2020 · until 29 décembre 2023

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other30/12/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates30/10/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring16/04/2024
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates04/12/2023
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office10/07/2023
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Restructuring27/10/2022
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring09/12/2021
    KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates01/12/2021
    ONTSLAGEN - BENOEMINGEN - WIJZIGING RECHTSVORM
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

Timeline

  1. 2025
    Annual accounts 20256,9 M €↓
  2. 28/09/2024
    reconductionPascal Fermon — lid van het beheerscomité
  3. 28/09/2024
    reconductionHilde Lievens — lid van het beheerscomité
  4. 28/09/2024
    reconductionAlexander Baekelandt — lid van het beheerscomité
  5. 28/09/2024
    reconductionDries Dieusaert — lid van het beheerscomité
  6. 28/09/2024
    reconductionJohan Beert — lid van het beheerscomité
  7. 28/09/2024
    reconductionPieter Willaert — lid van het beheerscomité
  8. 28/09/2024
    reconductionAnn Lefebvre — lid van het beheerscomité
  9. 28/09/2024
    nominationIsabelle Vanneuville — lid van het beheerscomité
  10. 28/09/2024
    reconductionPhilippe Geysens — bestuurder
  11. 28/09/2024
    reconductionRik Joos — bestuurder
  12. 2024
    Annual accounts 20247 M €↑
  13. 30/09/2023
    nominationWerner Claeys — vaste vertegenwoordiger (van de commissaris BV GROUPE AUDIT BELGIUM)
  14. 2023
    Annual accounts 20236 M €↓
  15. 2022
    Annual accounts 20226 M €↑
  16. 2007
    Annual accounts 20071,9 M €
  17. 01/04/1980
    IncorporationCooperative society