ACTIVE

MEDEXEL

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Financial year 2025 · Closed on 31/12/2025

Net result
-2 M €
+31,5 %over 1 year
Revenue
10,3 M €
+6,9 %over 1 year
Equity
690,6 k €
+151,9 %over 1 year
Workforce
90,3 ETP
-21,8 %over 1 year

Identity

Source · BCE/KBO

MEDEXEL is a Private limited company incorporated in 1990. Its main activity is: Retail sale of medical and orthopaedic goods in specialised stores. Its registered office is in Molenbeek-Saint-Jean. It employs on average 90,3 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0440.342.980
Incorporation
19/03/1990
Legal form
Private limited company
Registered office
Boulevard Louis Mettewie 74-76
1080 Molenbeek-Saint-Jean · BruxellesSee on map
Contributed capital
9 532 686,40 €
Latest accounts
31/12/2025
Average workforce
90,3 ETP
Joint committees (2)
  • 200
  • 218
Signals
Healthy social debtsHigh revenue

Financials

Source · NBB, 21 filings

Trend over 20 financial years

20252024202320222021
Income statement
Revenue10,3 M €9,7 M €10 M €9,1 M €–
EBITDA-1,5 M €-3,4 M €-2,3 M €-329,6 k €22,4 k €
Operating result-2,2 M €-3,4 M €-2,3 M €-395,1 k €-150,5 k €
Net result-2 M €-2,9 M €-2,2 M €-411,7 k €-176,2 k €
Balance sheet
Equity690,6 k €-1,3 M €1,6 M €-211,1 k €200,6 k €
Total assets22 M €48,7 M €35,9 M €20,9 M €19,2 M €
Cash8 k €5,3 M €479,4 k €6,3 M €5,4 M €
Debts20,7 M €49,8 M €33,9 M €20,5 M €18,6 M €
Other
Workforce90,3 ETP115,4 ETP115,0 ETP100,8 ETP68,8 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 45 ended

Active mandates

ALEX PARISEL

Director · since 23 août 2022 · until 30 juin 2028

Active
JEAN WALLEMACQ

Director · since 23 août 2022 · until 30 juin 2028

Active
JOSEPH DUMORTIER

Managing director · since 23 août 2022 · until 30 juin 2028

Active
VINCENT JONCKHEERE

Chairman of the board of directors · since 23 août 2022 · until 30 juin 2028

Active

Ended mandates

JEAN WALLEMACQ

Director · since 01 avril 2022 · until 21 juin 2024

Ended
JOSEPH DUMORTIER

Managing director · since 01 avril 2022 · until 21 juin 2024

Ended
BAUDOUIN LEMAIRE

Vice-chairman of the board of directors · since 21 juin 2018 · until 01 avril 2022

Ended
BAUDOUIN LEMAIRE

Vice-chairman of the board of directors · since 21 juin 2018 · until 21 juin 2024

Ended

Other companies at this address

Boulevard Louis Mettewie 74-76 1080 Molenbeek-Saint-Jean
CompanyCBE no.
Fonds Militaire● Active
0409.603.482
Partena-Mutualité Libre● Active
0411.815.280
PARTENA PROMERIS● Active
0543.296.406

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date29/06/202601/07/202509/07/202406/07/202329/06/202229/06/2021
General meeting24/06/202625/06/202526/06/202428/06/202322/06/202223/06/2021
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, 21 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202524/06/202629/06/2026FrenchPDF
Full model31/12/202425/06/202501/07/2025FrenchPDF
Full model31/12/202326/06/202409/07/2024FrenchPDF
Full model31/12/202228/06/202306/07/2023FrenchPDF
Abridged model31/12/202122/06/202229/06/2022FrenchPDF
Abridged model31/12/202023/06/202129/06/2021FrenchPDF
Abridged model31/12/201924/06/202022/07/2020FrenchPDF
Abridged model31/12/201827/06/201928/06/2019FrenchPDF
Abridged model31/12/201721/06/201828/06/2018FrenchPDF
Abridged model31/12/201622/06/201723/06/2017FrenchPDF
Abridged model31/12/201523/06/201604/07/2016FrenchPDF
Abridged model31/12/201425/06/201502/07/2015FrenchPDF
Abridged modelCorrection31/12/201326/06/201418/11/2014FrenchPDF
Abridged model31/12/201326/06/201401/07/2014FrenchPDF
Abridged model31/12/201227/06/201328/06/2013FrenchPDF
Abridged model31/12/201121/06/201228/06/2012FrenchPDF
Abridged model31/12/201027/06/201128/06/2011FrenchPDF
Abridged model31/12/200928/06/201030/06/2010FrenchPDF
Abridged model31/12/200823/06/200925/06/2009FrenchPDF
Abridged model31/12/200726/06/200802/07/2008FrenchPDF
Abridged model31/12/200625/06/200726/06/2007FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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

4 active · 45 ended

Active mandates

ALEX PARISEL

Director · since 23 août 2022 · until 30 juin 2028

Active
JEAN WALLEMACQ

Director · since 23 août 2022 · until 30 juin 2028

Active
JOSEPH DUMORTIER

Managing director · since 23 août 2022 · until 30 juin 2028

Active
VINCENT JONCKHEERE

Chairman of the board of directors · since 23 août 2022 · until 30 juin 2028

Active

Ended mandates

JEAN WALLEMACQ

Director · since 01 avril 2022 · until 21 juin 2024

Ended
JOSEPH DUMORTIER

Managing director · since 01 avril 2022 · until 21 juin 2024

Ended
BAUDOUIN LEMAIRE

Vice-chairman of the board of directors · since 21 juin 2018 · until 01 avril 2022

Ended
BAUDOUIN LEMAIRE

Vice-chairman of the board of directors · since 21 juin 2018 · until 21 juin 2024

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates22/10/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Capital / shares17/01/2024
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - CAPITAL, ACTIONS
    PDF
  • Mandates20/12/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates07/03/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates25/08/2022
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - MODIFICATION FORME JURIDIQUE - DENOMINATION - DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE
    PDF
  • Mandates24/06/2022
    CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates27/09/2021
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates05/09/2018
    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. 2025
    Annual accounts 2025-2 M €↑
  2. 2024
    Annual accounts 2024-2,9 M €↓
  3. 2023
    Annual accounts 2023-2,2 M €↓
  4. 2022
    Annual accounts 2022-411,7 k €↓
  5. 2022
    Name changeMEDEXEL
  6. 2021
    Annual accounts 2021-176,2 k €↑
  7. 2020
    Annual accounts 2020-314,4 k €↓
  8. 2019
    Annual accounts 2019-138,9 k €↑
  9. 2018
    Annual accounts 2018-637,6 k €↓
  10. 2017
    Annual accounts 2017-342 k €↓
  11. 2016
    Annual accounts 2016-280 k €↓
  12. 2015
    Annual accounts 2015-52,1 k €↓
  13. 2014
    Annual accounts 201430,8 k €↑
  14. 2013
    Annual accounts 20131,6 k €↑
  15. 2012
    Annual accounts 2012-80,4 k €↑
  16. 2011
    Annual accounts 2011-142,3 k €↓
  17. 2010
    Annual accounts 2010-30,4 k €↑
  18. 2009
    Annual accounts 2009-31,4 k €↓
  19. 2008
    Annual accounts 200819,5 k €↓
  20. 2007
    Annual accounts 200734,5 k €↓
  21. 2006
    Annual accounts 200652,6 k €
  22. 2006
    Name changePROMUT
  23. 19/03/1990
    IncorporationPrivate limited company