ACTIVE

CompuGroup Medical Belgium

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Financial year 2025 · Closed on 31/12/2025

Net result703,4 k €+56,0 %over 1 year

Revenue13 M €+81,7 %over 1 year

Equity-4,7 M €+13,1 %over 1 year

Workforce73,3 ETP-3,2 %over 1 year

Identity

Source · BCE/KBO

CompuGroup Medical Belgium is a Private limited company incorporated in 1989. Its registered office is in Wetteren. It employs on average 73,3 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0437.432.881
Incorporation: 17/05/1989
Legal form: Private limited company
Registered office: Brusselsesteenweg 283 box 10
9230 Wetteren · FlandreSee on map
Contributed capital: 20 000,00 €
Latest accounts: 31/12/2025
Average workforce: 73,3 ETP

Joint committees (3)

Signals

ProfitablePositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 20 filings

Trend over 18 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	13 M €	+81.7%	7,2 M €	+314%	1,7 M €	+7.2%	1,6 M €	+84.1%	876,6 k €
EBITDA	2,4 M €	+35.1%	1,8 M €	+1141%	-170,3 k €	-703%	28,2 k €	+102%	-1,7 M €
Operating result	1,5 M €	+16.7%	1,3 M €	+633%	-242,3 k €	-594%	-34,9 k €	+98.1%	-1,8 M €
Net result	703,4 k €	+56.0%	450,8 k €	+135%	-1,3 M €	-464%	-230,2 k €	+96.1%	-5,9 M €
Balance sheet
Equity	-4,7 M €	+13.1%	-5,4 M €	+7.8%	-5,8 M €	-28.7%	-4,5 M €	-5.4%	-4,3 M €
Total assets	6,7 M €	-16.6%	8 M €	-37.4%	12,8 M €	-5.3%	13,5 M €	+14.2%	11,9 M €
Cash	41,7 k €	-90.3%	430,6 k €	+645%	57,8 k €	+29.1%	44,8 k €	+33.7%	33,5 k €
Debts	7,6 M €	-26.9%	10,4 M €	-44.3%	18,6 M €	+3.2%	18 M €	+11.9%	16,1 M €
Other
Workforce	73,3 ETP	-3.2%	75,7 ETP	+353%	16,7 ETP	-6.7%	17,9 ETP	-14.4%	20,9 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 21 ended

Active mandates

Emanuele Roberto Virgilio Mugnani

Director · since 15 décembre 2025

Active

Jurgen De Backer

Director · since 15 octobre 2022

Active

Michael Hein

Director · since 15 octobre 2022 · until 01 décembre 2025

Active

Ended mandates

Michael Hein

Director · since 15 octobre 2022

Ended

Stefan Bartosch

Director · since 31 juillet 2019 · until 12 octobre 2022

Ended

Stefan Bartosch

Director · since 31 juillet 2019 · until 31 juillet 2025

Ended

Franck Frayer

Director · since 13 février 2017 · until 15 octobre 2022

Ended

Other companies at this address

Brusselsesteenweg 283 9230 Wetteren

Company	CBE no.
CoVer Interiors● Active	1037.532.685

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	22/07/2026	06/01/2026	22/07/2024	21/09/2023	18/10/2022	26/10/2021
General meeting	17/07/2026	02/01/2026	28/06/2024	18/09/2023	14/10/2022	08/10/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	17/07/2026	22/07/2026	Dutch	PDF
Full model	31/12/2024	02/01/2026	06/01/2026	Dutch	PDF
Full model	31/12/2023	28/06/2024	22/07/2024	Dutch	PDF
Full model	31/12/2022	18/09/2023	21/09/2023	Dutch	PDF
Full model	31/12/2021	14/10/2022	18/10/2022	Dutch	PDF
Full model	31/12/2020	08/10/2021	26/10/2021	Dutch	PDF
Full model	31/12/2019	25/10/2020	29/10/2020	Dutch	PDF
Full model	31/12/2018	30/06/2019	30/09/2019	Dutch	PDF
Full model	31/12/2017	18/05/2018	01/10/2018	Dutch	PDF
Full model	31/12/2016	19/05/2017	31/08/2017	Dutch	PDF
Full model	31/12/2015	20/05/2016	31/08/2016	Dutch	PDF
Full model	31/12/2014	15/05/2015	03/06/2015	Dutch	PDF
Full model	31/12/2013	09/05/2014	18/06/2014	Dutch	PDF
Full model	31/12/2012	10/05/2013	24/07/2013	Dutch	PDF
Abridged model	31/12/2011	11/05/2012	31/05/2012	Dutch	PDF
Abridged model	31/12/2010	13/05/2011	31/05/2011	Dutch	PDF
Abridged model	31/12/2009	14/05/2010	22/06/2010	Dutch	PDF
Abridged model	31/12/2008	08/05/2009	31/07/2009	Dutch	PDF
Abridged model	31/12/2007	09/05/2008	04/07/2008	Dutch	PDF
Abridged model	31/12/2006	11/05/2007	01/06/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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 31/12/2025

3 active · 21 ended

Active mandates

Emanuele Roberto Virgilio Mugnani

Director · since 15 décembre 2025

Active

Jurgen De Backer

Director · since 15 octobre 2022

Active

Michael Hein

Director · since 15 octobre 2022 · until 01 décembre 2025

Active

Ended mandates

Michael Hein

Director · since 15 octobre 2022

Ended

Stefan Bartosch

Director · since 31 juillet 2019 · until 12 octobre 2022

Ended

Stefan Bartosch

Director · since 31 juillet 2019 · until 31 juillet 2025

Ended

Franck Frayer

Director · since 13 février 2017 · until 15 octobre 2022

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates22/04/2026
DIVERSEN - ONTSLAGEN - BENOEMINGEN
PDF
Restructuring27/12/2024
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring28/10/2024
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Other14/11/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - BENAMING
PDF
Mandates18/10/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/01/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates29/06/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates13/02/2020
ONTSLAGEN - BENOEMINGEN
PDF

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

See the Business plan

Timeline

2025
Annual accounts 2025703,4 k €↑
2024
Annual accounts 2024450,8 k €↑
2023
Annual accounts 2023-1,3 M €↓
2022
Annual accounts 2022-230,2 k €↑
2021
Annual accounts 2021-5,9 M €↓
2018
Annual accounts 2018-441,5 k €↓
2017
Annual accounts 201766,3 k €↓
2016
Annual accounts 2016386,4 k €↑
2015
Annual accounts 2015374,9 k €↓
2014
Annual accounts 2014449,6 k €↑
2013
Annual accounts 2013345,5 k €↑
2012
Annual accounts 2012265,1 k €↑
2011
Annual accounts 2011173 k €↑
2010
Annual accounts 2010170,3 k €↑
2009
Annual accounts 200996,8 €↓
2008
Annual accounts 20088,6 k €↑
2007
Annual accounts 20078,3 k €↑
2006
Annual accounts 20065,2 k €
17/05/1989
IncorporationPrivate limited company

CompuGroup Medical Belgium

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline

Timeline