ACTIVE

Merit Medical Belgium

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Financial year 2025 · Closed on 31/12/2025

Net result263,6 k €+21,1 %over 1 year
Gross margin2,4 M €+21,7 %over 1 year
Equity1,6 M €+20,3 %over 1 year

Identity

Source · BCE/KBO

Merit Medical Belgium is a Private limited company incorporated in 1997. Its main activity is: Retail sale of medical and orthopaedic goods in specialised stores. Its registered office is in Etterbeek.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0459.757.135
Incorporation
09/01/1997
Legal form
Private limited company
Registered office
Boulevard Louis Schmidt 24
1040 Etterbeek · BruxellesSee on map
Contributed capital
6 197,34 €
Latest accounts
31/12/2025
Joint committees (1)
  • 218
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 20 financial years

20252024202320222021
Income statement
Gross margin2,4 M €2 M €1,7 M €1,3 M €918 k €
EBITDA360,6 k €318,7 k €188,2 k €137,6 k €240,9 k €
Operating result354,4 k €313,5 k €185,8 k €136,2 k €239,6 k €
Net result263,6 k €217,7 k €166,6 k €94,6 k €173 k €
Balance sheet
Equity1,6 M €1,3 M €1,1 M €912,6 k €818 k €
Total assets5,5 M €4,4 M €3,4 M €2,5 M €1,6 M €
Debts3,9 M €3 M €2,3 M €1,5 M €772,5 k €
Other
Workforce–11,0 ETP2,3 ETP7,5 ETP4,0 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 31/12/2025

2 active · 19 ended

Active mandates

Brian LLOYD

Director · since 25 mai 2018

Active
Mark Valentine BUTLER

Director · since 09 septembre 2010

Active

Ended mandates

Brian LLOYD

Manager · since 25 mai 2018

Ended
Gregory BARNETT

Manager · since 14 juin 2012 · until 04 novembre 2015

Ended
Gregory BARNETT

Manager · since 14 juin 2012

Ended
Bernard John BIRKETT

Manager · since 09 septembre 2010 · until 25 mai 2018

Ended

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Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged 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 date31/08/202601/08/202513/08/202431/08/202323/08/202231/08/2021
General meeting27/08/202631/05/202531/05/202431/05/202331/05/202231/05/2021
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, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202527/08/202631/08/2026FrenchPDF
Abridged model31/12/202431/05/202501/08/2025FrenchPDF
Abridged model31/12/202331/05/202413/08/2024FrenchPDF
Abridged model31/12/202231/05/202331/08/2023FrenchPDF
Abridged model31/12/202131/05/202223/08/2022FrenchPDF
Abridged model31/12/202031/05/202131/08/2021FrenchPDF
Abridged model31/12/201902/06/202025/11/2020FrenchPDF
Abridged model31/12/201831/05/201929/08/2019FrenchPDF
Abridged model31/12/201731/05/201830/08/2018FrenchPDF
Abridged model31/12/201631/05/201726/09/2017FrenchPDF
Abridged model31/12/201531/05/201631/08/2016FrenchPDF
Abridged model31/12/201431/05/201531/08/2015FrenchPDF
Abridged model31/12/201331/05/201416/07/2014FrenchPDF
Abridged model31/12/201231/05/201322/08/2013FrenchPDF
Abridged model31/12/201131/05/201201/08/2012FrenchPDF
Abridged model31/12/201031/05/201105/07/2011FrenchPDF
Abridged model31/12/200931/05/201030/08/2010FrenchPDF
Abridged model31/12/200831/05/200920/08/2009FrenchPDF
Abridged model31/12/200731/05/200828/08/2008FrenchPDF
Abridged model31/12/200631/05/200720/08/2007FrenchPDF

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 31/12/2025

2 active · 19 ended

Active mandates

Brian LLOYD

Director · since 25 mai 2018

Active
Mark Valentine BUTLER

Director · since 09 septembre 2010

Active

Ended mandates

Brian LLOYD

Manager · since 25 mai 2018

Ended
Gregory BARNETT

Manager · since 14 juin 2012 · until 04 novembre 2015

Ended
Gregory BARNETT

Manager · since 14 juin 2012

Ended
Bernard John BIRKETT

Manager · since 09 septembre 2010 · until 25 mai 2018

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates12/11/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates10/01/2024
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates01/08/2018
    DEMISSIONS, NOMINATIONS
    PDF
  • Registered office29/09/2017
    SIEGE SOCIAL
    PDF
  • Mandates11/02/2016
    DEMISSIONS, NOMINATIONS
    PDF
  • Capital / shares30/10/2014
    CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates06/08/2012
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates06/08/2012
    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 2025263,6 k €↑
  2. 2024
    Annual accounts 2024217,7 k €↑
  3. 2023
    Annual accounts 2023166,6 k €↑
  4. 2022
    Annual accounts 202294,6 k €↓
  5. 2021
    Annual accounts 2021173 k €↑
  6. 2020
    Annual accounts 2020112,4 k €↑
  7. 2019
    Annual accounts 201956,6 k €↓
  8. 2018
    Annual accounts 201864,6 k €↑
  9. 2017
    Annual accounts 201735,8 k €↑
  10. 2016
    Annual accounts 201627,5 k €↓
  11. 2015
    Annual accounts 201532 k €↑
  12. 2014
    Annual accounts 201429,6 k €↑
  13. 2013
    Annual accounts 201322,9 k €↓
  14. 2012
    Annual accounts 201224,4 k €↓
  15. 2011
    Annual accounts 201128,8 k €↑
  16. 2010
    Annual accounts 201016,8 k €↑
  17. 2009
    Annual accounts 200915,9 k €↓
  18. 2008
    Annual accounts 200816,8 k €↑
  19. 2007
    Annual accounts 200716,8 k €↓
  20. 2006
    Annual accounts 200635,3 k €
  21. 09/01/1997
    IncorporationPrivate limited company