ACTIVE

Medline International Belgium

Financial year 2024 · Closed on 31/12/2024

Net result672,7 k €-15,4 %over 1 year
Revenue32,8 M €-1,1 %over 1 year
Equity10,9 M €+6,6 %over 1 year
Workforce10,1 ETP+2,0 %over 1 year

Identity

Source · BCE/KBO

Medline International Belgium is a Private limited company incorporated in 1997. Its main activity is: Manufacture of medical and dental instruments and supplies. Its registered office is in Machelen (Brab.). It employs on average 10,1 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0462.010.802
Incorporation
02/12/1997
Legal form
Private limited company
Registered office
Culliganlaan 2G
1831 Machelen (Brab.) · FlandreSee on map
Contributed capital
8 866 832,00 €
Latest accounts
31/12/2024
Average workforce
10,1 ETP
Joint committees (2)
  • 200
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHigh revenue

Financials

Source · NBB, 18 filings

Trend over 12 financial years

20242023202220212019
Income statement
Revenue32,8 M €33,2 M €31 M €32 M €22,8 M €
EBITDA549,5 k €604,9 k €587,2 k €520 k €249,5 k €
Operating result512 k €583,5 k €520,4 k €529,7 k €194,8 k €
Net result672,7 k €795,5 k €555,2 k €518,5 k €268,8 k €
Balance sheet
Equity10,9 M €10,2 M €10,4 M €9,9 M €12,6 M €
Total assets13,5 M €13,9 M €14,1 M €18,5 M €15,2 M €
Cash109 k €151,9 k €59,8 k €780,3 €14,3 k €
Debts2,7 M €3,7 M €3,6 M €8,6 M €2,4 M €
Other
Workforce10,1 ETP9,9 ETP10,4 ETP11,3 ETP11,6 ETP

Valuation

Indicative valuation

As an indication, this company is worth

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

Board of directors

Source · NBB, accounts to 31/12/2024

2 active · 14 ended

Active mandates

Herve Million

Director · since 12 décembre 2022

Active
Jochen HEIN

Director · since 02 décembre 2021

Active

Ended mandates

Herve Bertrand Million

Director · since 12 décembre 2022

Ended
Jochen HELMUT GÜNTHER HEIN

Director · since 02 décembre 2021

Ended
Hélène Lienard

Manager · since 17 mars 2014

Ended
Hélène LIENARD

Director · since 17 mars 2014 · until 02 décembre 2021

Ended

Other companies at this address

Culliganlaan 2G 1831 Machelen (Brab.)
CompanyCBE no.
AT Global● Active
0863.840.923
K+S Benelux● Active
0475.014.839

Full financial information

Source · NBB
202420232022202120202019
Type of accountFull 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 date30/09/202504/10/202428/08/202330/08/202231/08/202127/08/2020
General meeting26/09/202530/07/202419/06/202329/07/202230/08/202115/07/2020
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, 18 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202426/09/202530/09/2025DutchPDF
Full model31/12/202330/07/202404/10/2024DutchPDF
Full model31/12/202219/06/202328/08/2023DutchPDF
Full model31/12/202129/07/202230/08/2022DutchPDF
Full model31/12/202030/08/202131/08/2021DutchPDF
Full model31/12/201915/07/202027/08/2020DutchPDF
Full model31/12/201828/06/201906/09/2019DutchPDF
Full model31/12/201715/06/201828/06/2018DutchPDF
Full model31/12/201615/05/201731/07/2017DutchPDF
Full model31/12/201531/08/201625/10/2016DutchPDF
Full model31/12/201417/06/201530/07/2015DutchPDF
Full model31/12/201306/08/201427/08/2014DutchPDF
Full model31/12/201230/09/201330/10/2013DutchPDF
Full model31/12/201103/04/201329/04/2013DutchPDF
Full model30/06/201015/11/201022/12/2010DutchPDF
Full model30/06/200924/05/201028/06/2010DutchPDF
Full model30/06/200830/06/200917/09/2009DutchPDF
Full model30/06/200730/01/200831/01/2008FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 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

2 active · 14 ended

Active mandates

Herve Million

Director · since 12 décembre 2022

Active
Jochen HEIN

Director · since 02 décembre 2021

Active

Ended mandates

Herve Bertrand Million

Director · since 12 décembre 2022

Ended
Jochen HELMUT GÜNTHER HEIN

Director · since 02 décembre 2021

Ended
Hélène Lienard

Manager · since 17 mars 2014

Ended
Hélène LIENARD

Director · since 17 mars 2014 · until 02 décembre 2021

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates21/01/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates03/01/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office10/01/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates29/12/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates17/11/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office29/08/2016
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Registered office22/12/2014
    MAATSCHAPPELIJKE ZETEL - ADRESSEN ANDERS DAN MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates17/11/2014
    ONTSLAGEN - BENOEMINGEN
    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 2024672,7 k €↓
  2. 2023
    Annual accounts 2023795,5 k €↑
  3. 2022
    Annual accounts 2022555,2 k €↑
  4. 2021
    Annual accounts 2021518,5 k €↑
  5. 2019
    Annual accounts 2019268,8 k €↓
  6. 2018
    Annual accounts 2018355,4 k €↓
  7. 2017
    Annual accounts 2017395 k €↓
  8. 2016
    Annual accounts 2016422,1 k €↑
  9. 2015
    Annual accounts 2015266,5 k €↓
  10. 2013
    Annual accounts 20131,5 M €↑
  11. 2012
    Annual accounts 2012536,2 k €↑
  12. 2011
    Annual accounts 2011452,7 k €
  13. 02/12/1997
    IncorporationPrivate limited company