MEDLINE (SA) — Tongeren-Borgloon (3700)

Identity

Source · BCE/KBO

MEDLINE is a Public limited company incorporated in 2001. Its main activity is: Wholesale of pharmaceutical goods. Its registered office is in Tongeren-Borgloon. It employs on average 2,6 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0475.333.454
Incorporation: 18/07/2001
Legal form: Public limited company
Registered office: Linderstraat 67
3700 Tongeren-Borgloon · FlandreSee on map
Contributed capital: 62 200,00 €
Latest accounts: 31/12/2025
Average workforce: 2,6 ETP

Activities (NACE)

46460Wholesale of pharmaceutical goods· main 46460Wholesale of pharmaceutical goods 47740Retail sale of medical and orthopaedic goods in specialised stores 47741Retail sale of medical and orthopaedic goods in specialised stores 51442Air transport 51460Air transport+5

Joint committees (3)

100
200
218

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	404,8 k €	+14.2%	354,4 k €	-15.0%	417 k €	-13.2%	480,4 k €	+54.7%	310,5 k €
EBITDA	242,8 k €	+20.5%	201,6 k €	-3.8%	209,5 k €	-48.0%	402,6 k €	+67.8%	240 k €
Operating result	204,9 k €	+22.3%	167,6 k €	-13.9%	194,7 k €	-46.0%	360,9 k €	+76.0%	205,1 k €
Net result	128,1 k €	+14.9%	111,4 k €	-5.8%	118,3 k €	-51.1%	241,8 k €	+83.3%	131,9 k €
Balance sheet
Equity	665,4 k €	-17.6%	807,3 k €	-18.9%	995,8 k €	-22.1%	1,3 M €	+23.3%	1 M €
Total assets	1 M €	-36.9%	1,7 M €	-14.6%	1,9 M €	+0.5%	1,9 M €	+15.4%	1,7 M €
Cash	699 k €	-13.5%	808,2 k €	+6.8%	756,9 k €	+27.0%	595,7 k €	-42.0%	1 M €
Debts	377,3 k €	-55.5%	847,4 k €	-9.9%	940,6 k €	+44.9%	649,3 k €	+2.3%	634,9 k €
Other
Workforce	2,6 ETP	0.0%	2,6 ETP	0.0%	2,6 ETP	+30.0%	2,0 ETP	+33.3%	1,5 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

3 active · 4 ended

Active mandates

Carine CONTI

Director

Active

Christophe LAURENT

Director

Active

Thierry MASSET

Managing director

Active

Ended mandates

Anna Louise WILLEMS

Director

Ended

ANNA LOUISE WILLEMS

Director · until 30 juin 2013

Ended

CARINE CONTI

Director · until 30 juin 2013

Ended

THIERRY MASSET

Managing director · until 30 juin 2013

Ended

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged 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	22/06/2026	04/07/2025	08/07/2024	17/08/2023	25/07/2022	08/09/2021
General meeting	11/06/2026	12/06/2025	13/06/2024	30/06/2023	30/06/2022	17/06/2021
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
Abridged model	31/12/2025	11/06/2026	22/06/2026	French	PDF
Abridged model	31/12/2024	12/06/2025	04/07/2025	French	PDF
Abridged model	31/12/2023	13/06/2024	08/07/2024	French	PDF
Abridged model	31/12/2022	30/06/2023	17/08/2023	French	PDF
Abridged model	31/12/2021	30/06/2022	25/07/2022	French	PDF
Abridged model	31/12/2020	17/06/2021	08/09/2021	French	PDF
Abridged model	31/12/2019	18/06/2020	30/09/2020	French	PDF
Abridged model	31/12/2018	20/06/2019	30/08/2019	French	PDF
Abridged model	31/12/2017	21/06/2018	23/08/2018	French	PDF
Abridged model	31/12/2016	15/06/2017	10/08/2017	French	PDF
Abridged model	31/12/2015	16/06/2016	07/07/2016	French	PDF
Abridged model	31/12/2014	18/06/2015	17/07/2015	French	PDF
Abridged model	31/12/2013	19/06/2014	21/08/2014	French	PDF
Abridged model	31/12/2012	20/06/2013	16/07/2013	French	PDF
Abridged model	31/12/2011	21/06/2012	21/08/2012	French	PDF
Abridged model	31/12/2010	16/06/2011	07/07/2011	French	PDF
Abridged model	31/12/2009	21/06/2010	16/12/2010	French	PDF
Abridged model	31/12/2008	15/06/2009	08/12/2009	French	PDF
Abridged model	31/12/2007	16/06/2008	13/10/2008	French	PDF
Abridged model	31/12/2006	18/06/2007	18/12/2007	French	PDF

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

3 active · 4 ended

Active mandates

Carine CONTI

Director

Active

Christophe LAURENT

Director

Active

Thierry MASSET

Managing director

Active

Ended mandates

Anna Louise WILLEMS

Director

Ended

ANNA LOUISE WILLEMS

Director · until 30 juin 2013

Ended

CARINE CONTI

Director · until 30 juin 2013

Ended

THIERRY MASSET

Managing director · until 30 juin 2013

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates30/03/2018
ONTSLAGEN - BENOEMINGEN
PDF
Registered office09/12/2015
SIEGE SOCIAL
PDF
Mandates19/07/2011
SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
PDF
Mandates04/01/2008
DEMISSIONS, NOMINATIONS
PDF
Registered office05/03/2007
SIEGE SOCIAL
PDF
Mandates25/02/2004
DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE - CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - SIEGE SOCIAL
PDF

Similar companies

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

See the Business plan

Timeline

2025
Annual accounts 2025128,1 k €↑
2024
Annual accounts 2024111,4 k €↓
2023
Annual accounts 2023118,3 k €↓
2022
Annual accounts 2022241,8 k €↑
2021
Annual accounts 2021131,9 k €↑
2020
Annual accounts 2020111,8 k €↓
2019
Annual accounts 2019309,9 k €↓
2018
Annual accounts 2018405 k €↑
2017
Annual accounts 2017132,5 k €↑
2016
Annual accounts 201633,9 k €↑
2015
Annual accounts 2015611 €↓
2014
Annual accounts 20146,2 k €↑
2013
Annual accounts 2013-20,3 k €↑
2012
Annual accounts 2012-23,4 k €↓
2011
Annual accounts 2011-6,8 k €↓
2010
Annual accounts 201020,7 k €↑
2009
Annual accounts 20099,8 k €↑
2008
Annual accounts 2008-187 €↑
2007
Annual accounts 2007-906 €↓
2006
Annual accounts 200623,5 k €
18/07/2001
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

MEDLINE

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

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