ACTIVE

Medico

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Financial year 2025 · closed on 30/06/2025

Net result

-1,8 k €

-108.8% YoY

Gross margin

165 k €

-16.3% YoY

Equity

64,2 k €

-2.7% YoY

Workforce

2,2 ETP

0.0% YoY

What does Medico do?

Medico is a Private limited company incorporated in 2002. Its main activity is: Wholesale of pharmaceutical goods. Its registered office is in Grimbergen. It employs on average 2,2 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0477.697.878

Incorporation

06/06/2002

Legal form

Private limited company

Registered office

Hogesteenweg 8
1850 Grimbergen · FlandreSee on map

Contributed capital

6 200,00 €

Latest accounts

30/06/2025

Average workforce

2,2 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 52320Warehousing and support activities for transportation

Contacts

2 public details availableLog in to view

Signals

Positive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 14 financial years

	2025		2024		2023		2022		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	165 k €	-16.3%	197,2 k €	-14.6%	230,8 k €	+28.3%	179,8 k €	+8.8%	165,3 k €	+0.9%	163,8 k €	-10.9%	183,7 k €	-45.5%	336,8 k €	-15.3%	397,5 k €	+50.5%	264,1 k €	+85.1%	142,7 k €	+24.9%	114,2 k €	+9.3%	104,5 k €	+15.4%	90,6 k €
EBITDA	84,3 k €	-22.7%	109 k €	-17.3%	131,8 k €	+38.9%	94,9 k €	-26.3%	128,7 k €	-10.9%	144,4 k €	+15.3%	125,2 k €	-50.0%	250,7 k €	-22.2%	322,3 k €	+52.3%	211,7 k €	+65.1%	128,2 k €	+24.0%	103,4 k €	+49.8%	69 k €	-20.2%	86,4 k €
Operating result	3,3 k €	-89.2%	30,2 k €	-53.5%	64,9 k €	+119%	29,7 k €	+3.2%	28,8 k €	-38.8%	47 k €	+414%	9,2 k €	-92.2%	117,7 k €	-35.7%	183,2 k €	+43.3%	127,8 k €	+129%	55,9 k €	+143%	23 k €	+43.7%	16 k €	-67.7%	49,5 k €
Net result	-1,8 k €	-109%	20 k €	-52.9%	42,5 k €	+65.2%	25,7 k €	+173%	9,4 k €	-62.3%	25 k €	+743%	-3,9 k €	-109%	42,6 k €	-60.5%	107,6 k €	+51.2%	71,2 k €	+273%	19,1 k €	+804%	-2,7 k €	-347%	1,1 k €	-95.9%	26,7 k €
Balance sheet
Equity	64,2 k €	-2.7%	65,9 k €	-87.4%	521,9 k €	+8.9%	479,4 k €	+43.1%	334,9 k €	+2.9%	325,5 k €	+8.3%	300,5 k €	-1.3%	304,4 k €	+16.2%	261,9 k €	+69.7%	154,3 k €	+85.6%	83,1 k €	+29.8%	64 k €	-4.1%	66,7 k €	+1.7%	65,6 k €
Total assets	1,1 M €	-8.7%	1,2 M €	+27.3%	906,8 k €	+3.8%	873,4 k €	+30.7%	668,2 k €	+0.3%	666,5 k €	-4.8%	700,1 k €	-15.3%	826,6 k €	-13.6%	956,9 k €	+13.3%	844,4 k €	+26.4%	668,3 k €	-25.3%	894,2 k €	+28.7%	695 k €	+78.6%	389,3 k €
Cash	29,6 k €	+505%	4,9 k €	-89.8%	48,1 k €	+11.1%	43,3 k €	-6.2%	46,1 k €	+169%	17,2 k €	+178%	6,2 k €	-79.7%	30,4 k €	-45.4%	55,8 k €	-60.1%	139,9 k €	+2247%	6 k €	-82.0%	33,2 k €	+151%	13,2 k €	-53.6%	28,5 k €
Debts	989,4 k €	-9.1%	1,1 M €	+183%	384,9 k €	-2.3%	394 k €	+18.2%	333,3 k €	-2.3%	341 k €	-14.7%	399,5 k €	-23.5%	522,2 k €	-24.9%	695 k €	+0.7%	690,1 k €	+17.9%	585,2 k €	-29.5%	830,1 k €	+32.2%	628,2 k €	+94.2%	323,5 k €
Other
Workforce	2,2 ETP	0.0%	2,2 ETP	0.0%	2,2 ETP	0.0%	2,2 ETP	+120%	1,0 ETP	+233%	0,3 ETP	-80.0%	1,5 ETP	-25.0%	2,0 ETP	0.0%	2,0 ETP	+33.3%	1,5 ETP	+50.0%	1,0 ETP		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Governance

Board of directors

Seen on filing of 30/06/2025 · 2 active · 10 ended

Active mandates

VERBBAEL

Bestuurder · since 01 octobre 2021 · 0666.587.364

Represented by Bianca Brijssens

Active

Vergaelen Ortho Projects

Bestuurder · since 01 janvier 2021 · 0536.217.780

Represented by Bart Vergaelen

Active

Ended mandates

VERBBAEL

Director · since 01 octobre 2021 · 0666.587.364

Represented by Bianca Brijssens

Ended

VERBBAEL BV

Bestuurder · since 01 octobre 2021

Represented by Bianca Brijssens

Ended

Vergaelen Ortho Projects

Director · since 01 janvier 2021 · 0536.217.780

Represented by Bart Vergaelen

Ended

Vergaelen Ortho Projects Comm.V

Bestuurder · since 01 janvier 2021

Represented by Bart Vergaelen

Ended

At this address

Other companies at this address

Company	CBE no.
VERBBAEL● Active	0666.587.364
Vergaelen & Co● Active	0691.877.244
Vergaelen Ortho Projects● Active	0536.217.780

Annual accounts

Full financial information

	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	01/07/2024	01/07/2023	01/07/2022	01/07/2021	01/07/2020	01/07/2019
Closing of the financial year	30/06/2025	30/06/2024	30/06/2023	30/06/2022	30/06/2021	30/06/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	23/02/2026	31/01/2025	31/01/2024	31/01/2023	28/01/2022	06/01/2021
General meeting	08/12/2025	09/12/2024	11/12/2023	12/12/2022	13/12/2021	14/12/2020
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

Ratios

Financial ratios

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Filings

Annual accounts filings

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/06/2025	08/12/2025	23/02/2026	Dutch	PDF
Abridged model	30/06/2024	09/12/2024	31/01/2025	Dutch	PDF
Abridged model	30/06/2023	11/12/2023	31/01/2024	Dutch	PDF
Abridged model	30/06/2022	12/12/2022	31/01/2023	Dutch	PDF
Abridged model	30/06/2021	13/12/2021	28/01/2022	Dutch	PDF
Abridged model	30/06/2020	14/12/2020	06/01/2021	Dutch	PDF
Abridged model	30/06/2019	09/12/2019	31/01/2020	Dutch	PDF
Micro model	30/06/2018	10/12/2018	19/06/2019	Dutch	PDF
Micro model	30/06/2017	11/12/2017	30/01/2018	Dutch	PDF
Abridged model	30/06/2016	12/12/2016	10/02/2017	Dutch	PDF
Abridged model	30/06/2015	14/12/2015	16/12/2015	Dutch	PDF
Abridged model	30/06/2014	08/12/2014	30/12/2014	Dutch	PDF
Abridged model	30/06/2013	09/12/2013	25/02/2014	Dutch	PDF
Abridged model	30/06/2012	10/12/2012	22/02/2013	Dutch	PDF
Abridged model	30/06/2011	12/12/2011	29/02/2012	Dutch	PDF
Abridged modelCorrection	30/06/2010	13/12/2010	11/03/2011	Dutch	PDF
Abridged model	30/06/2010	13/12/2010	28/02/2011	Dutch	PDF
Abridged model	30/06/2009	07/12/2009	26/02/2010	Dutch	PDF
Abridged model	30/06/2008	08/12/2008	13/02/2009	Dutch	PDF
Abridged model	30/06/2007	31/12/2007	30/01/2008	Dutch	PDF
Abridged model	30/06/2006	11/12/2006	15/01/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

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.

Governance

Board of directors

Seen on filing of 30/06/2025 · 2 active · 10 ended

Active mandates

VERBBAEL

Bestuurder · since 01 octobre 2021 · 0666.587.364

Represented by Bianca Brijssens

Active

Vergaelen Ortho Projects

Bestuurder · since 01 janvier 2021 · 0536.217.780

Represented by Bart Vergaelen

Active

Ended mandates

VERBBAEL

Director · since 01 octobre 2021 · 0666.587.364

Represented by Bianca Brijssens

Ended

VERBBAEL BV

Bestuurder · since 01 octobre 2021

Represented by Bianca Brijssens

Ended

Vergaelen Ortho Projects

Director · since 01 janvier 2021 · 0536.217.780

Represented by Bart Vergaelen

Ended

Vergaelen Ortho Projects Comm.V

Bestuurder · since 01 janvier 2021

Represented by Bart Vergaelen

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates16/02/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates07/07/2020
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - BENAMING - ONTSLAGEN - BENOEMINGEN
PDF
Mandates18/12/2015
ONTSLAGEN - BENOEMINGEN
PDF
Mandates30/08/2006
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares04/07/2003
ALGEMENE VERGADERING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

2025
Annual accounts 2025-1,8 k €↓
2024
Annual accounts 202420 k €↓
2023
Annual accounts 202342,5 k €↑
2022
Annual accounts 202225,7 k €↑
2016
Annual accounts 20169,4 k €↓
2015
Annual accounts 201525 k €↑
2014
Annual accounts 2014-3,9 k €↓
2013
Annual accounts 201342,6 k €↓
2012
Annual accounts 2012107,6 k €↑
2011
Annual accounts 201171,2 k €↑
2010
Annual accounts 201019,1 k €↑
2009
Annual accounts 2009-2,7 k €↓
2008
Annual accounts 20081,1 k €↓
2007
Annual accounts 200726,7 k €
06/06/2002
IncorporationPrivate 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

Medico

Overview

What does Medico do?

Trend over 14 financial years

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