ACTIVE

CB MED

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Financial year 2025 · closed on 31/12/2025

Net result

85,6 k €

-14.1% YoY

Gross margin

336 k €

+11.0% YoY

Equity

549,5 k €

-5.8% YoY

What does CB MED do?

CB MED is a Private limited company incorporated in 2002. Its main activity is: Specialist medical practice activities. Its registered office is in Herve.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0479.045.881

Incorporation

18/12/2002

Legal form

Private limited company

Registered office

Coronmeuse 13
4650 Herve · WallonieSee on map

Contributed capital

6 200,00 €

Latest accounts

31/12/2025

Activities (NACE)

86220Specialist medical practice activities· main 86220Specialist medical practice activities

Joint committees (1)

Signals

ProfitableSolid equityLow riskPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	336 k €	+11.0%	302,8 k €	-1.8%	308,4 k €	+18.7%	259,9 k €	-7.2%	280 k €	+3.2%	271,3 k €	-6.3%	289,5 k €	+11.6%	259,4 k €	-8.8%	284,5 k €	+32.8%	214,2 k €	-7.7%	232,2 k €	+29.2%	179,7 k €	+20.4%	149,2 k €	+6.3%	140,3 k €	+34.3%	104,4 k €	+5.9%	98,7 k €	-31.8%	144,6 k €	+13.3%	127,6 k €	+32.3%	96,4 k €	+5.5%	91,4 k €
EBITDA	154,1 k €	-10.9%	172,9 k €	-9.0%	189,9 k €	+29.2%	147 k €	-14.0%	170,9 k €	-2.1%	174,6 k €	-6.6%	187 k €	+25.6%	148,9 k €	-21.8%	190,6 k €	+39.3%	136,8 k €	-14.5%	159,9 k €	+29.9%	123,1 k €	+2.5%	120,1 k €	-3.6%	124,7 k €	+27.4%	97,9 k €	+8.5%	90,2 k €	-36.6%	142,3 k €	+21.0%	117,6 k €	+52.4%	77,2 k €	+6.9%	72,1 k €
Operating result	128,4 k €	-11.6%	145,3 k €	-8.9%	159,4 k €	+52.9%	104,3 k €	-20.2%	130,8 k €	+15.7%	113 k €	-6.4%	120,8 k €	+71.2%	70,6 k €	-40.5%	118,7 k €	+153%	46,9 k €	-26.9%	64,2 k €	+11.1%	57,8 k €	+26.2%	45,8 k €	+57.7%	29 k €	-48.2%	56 k €	-10.5%	62,6 k €	-47.2%	118,6 k €	+17.2%	101,2 k €	+65.5%	61,1 k €	+5.9%	57,7 k €
Net result	85,6 k €	-14.1%	99,6 k €	-8.5%	108,9 k €	+78.8%	60,9 k €	-31.7%	89,2 k €	+20.2%	74,2 k €	-4.5%	77,7 k €	+91.4%	40,6 k €	-27.9%	56,3 k €	+255%	15,8 k €	-38.0%	25,6 k €	-27.4%	35,2 k €	+103%	17,4 k €	+259%	4,8 k €	-82.6%	27,8 k €	-29.6%	39,5 k €	-45.5%	72,4 k €	+11.9%	64,7 k €	+72.4%	37,5 k €	+26.1%	29,8 k €
Balance sheet
Equity	549,5 k €	-5.8%	583,1 k €	+20.4%	484,3 k €	+28.7%	376,2 k €	+1.0%	372,3 k €	+24.2%	299,8 k €	+19.4%	251,1 k €	+44.8%	173,4 k €	+30.6%	132,8 k €	+73.6%	76,5 k €	+26.1%	60,7 k €	-55.1%	135,1 k €	+35.3%	99,9 k €	+21.1%	82,5 k €	+6.2%	77,6 k €	-13.6%	89,9 k €	+78.3%	50,4 k €	-71.7%	178 k €	+57.1%	113,3 k €	+49.5%	75,8 k €
Total assets	912,7 k €	+24.5%	733 k €	+7.6%	681 k €	-2.1%	695,9 k €	-4.7%	730,3 k €	-2.4%	748,2 k €	+1.2%	739,5 k €	-5.4%	782 k €	+1.7%	769,1 k €	+18.9%	646,8 k €	-2.4%	662,9 k €	-0.5%	666,4 k €	-0.8%	671,7 k €	-18.6%	825,3 k €	+127%	363,6 k €	+63.8%	222 k €	-38.9%	363,2 k €	+28.3%	283 k €	+18.8%	238,3 k €	+4.4%	228,3 k €
Cash	80,1 k €	+15.0%	69,6 k €	+16.9%	59,5 k €	+108%	28,7 k €	+116%	13,3 k €	-33.8%	20,1 k €	-49.1%	39,4 k €	+86.3%	21,2 k €	+65.1%	12,8 k €	+84.3%	7 k €	-87.4%	55 k €	+486%	9,4 k €	-33.2%	14,1 k €	-16.6%	16,9 k €	-46.1%	31,3 k €	+3466%	877,2 €	-95.9%	21,4 k €	+718%	2,6 k €	+132%	1,1 k €	-82.3%	6,3 k €
Debts	361,7 k €	+144%	148,4 k €	-24.3%	196,2 k €	-38.5%	319,2 k €	-10.8%	358 k €	-20.2%	448,5 k €	-8.2%	488,3 k €	-19.8%	608,6 k €	-4.4%	636,3 k €	+11.6%	570,3 k €	-5.2%	601,7 k €	+13.4%	530,8 k €	-7.2%	571,8 k €	-23.0%	742,9 k €	+160%	285,9 k €	+116%	132,1 k €	-57.8%	312,8 k €	+198%	105 k €	-16.0%	124,9 k €	-18.1%	152,4 k €
Other
Workforce	–		1,8 ETP	0.0%	1,8 ETP	0.0%	1,8 ETP	0.0%	1,8 ETP	0.0%	1,8 ETP	-5.3%	1,9 ETP	-9.5%	2,1 ETP	+23.5%	1,7 ETP	+6.2%	1,6 ETP	+14.3%	1,4 ETP	+55.6%	0,9 ETP	+80.0%	0,5 ETP	0.0%	0,5 ETP	+150%	0,2 ETP	-33.3%	0,3 ETP	+200%	0,1 ETP		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 8 ended

Active mandates

Christian BIEMAR

Director · since 26 décembre 2023

Active

Isabelle DRAPIER

Director · since 26 décembre 2023 · until 26 décembre 2029

Active

Ended mandates

Isabelle DRAPIER

Director · since 15 juin 2019 · until 15 juin 2025

Ended

Isabelle DRAPIER

Manager · since 15 juin 2019 · until 15 juin 2025

Ended

Christian Biemar

Manager · since 25 mars 2013 · until 15 juin 2028

Ended

Christian BIEMAR

Director · since 25 mars 2013 · until 15 juin 2028

Ended

At this address

Other companies at this address

Company	CBE no.
CB MOVE● Active	0646.825.395

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	01/01/2025	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	22/07/2026	29/08/2025	26/06/2024	31/08/2023	29/06/2022	11/08/2021
General meeting	14/07/2026	30/06/2025	24/06/2024	15/06/2023	15/06/2022	15/06/2021
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

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	14/07/2026	22/07/2026	French	PDF
Abridged model	31/12/2024	30/06/2025	29/08/2025	French	PDF
Abridged model	31/12/2023	24/06/2024	26/06/2024	French	PDF
Abridged model	31/12/2022	15/06/2023	31/08/2023	French	PDF
Abridged model	31/12/2021	15/06/2022	29/06/2022	French	PDF
Abridged model	31/12/2020	15/06/2021	11/08/2021	French	PDF
Abridged model	31/12/2019	08/09/2020	08/10/2020	French	PDF
Abridged model	31/12/2018	15/06/2019	30/08/2019	French	PDF
Abridged model	31/12/2017	15/06/2018	28/08/2018	French	PDF
Abridged model	31/12/2016	15/06/2017	25/08/2017	French	PDF
Abridged model	31/12/2015	15/06/2016	26/08/2016	French	PDF
Abridged model	31/12/2014	15/06/2015	24/08/2015	French	PDF
Abridged model	31/12/2013	15/06/2014	12/08/2014	French	PDF
Abridged model	31/12/2012	15/06/2013	27/08/2013	French	PDF
Abridged model	31/12/2011	15/06/2012	17/07/2012	French	PDF
Abridged model	31/12/2010	15/06/2011	23/08/2011	French	PDF
Abridged model	31/12/2009	13/08/2010	27/08/2010	French	PDF
Abridged model	31/12/2008	18/06/2009	26/08/2009	French	PDF
Abridged model	31/12/2007	19/06/2008	07/08/2008	French	PDF
Abridged model	31/12/2006	21/06/2007	24/08/2007	French	PDF

Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 8 ended

Active mandates

Christian BIEMAR

Director · since 26 décembre 2023

Active

Isabelle DRAPIER

Director · since 26 décembre 2023 · until 26 décembre 2029

Active

Ended mandates

Isabelle DRAPIER

Director · since 15 juin 2019 · until 15 juin 2025

Ended

Isabelle DRAPIER

Manager · since 15 juin 2019 · until 15 juin 2025

Ended

Christian Biemar

Manager · since 25 mars 2013 · until 15 juin 2028

Ended

Christian BIEMAR

Director · since 25 mars 2013 · until 15 juin 2028

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates11/01/2024
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE - CAPITAL, ACTIONS
PDF
Mandates01/10/2019
DEMISSIONS, NOMINATIONS
PDF
Mandates08/04/2013
SIEGE SOCIAL - OBJET - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates13/07/2011
DEMISSIONS, NOMINATIONS
PDF
Registered office20/05/2005
SIEGE SOCIAL
PDF
Other10/03/2003
DIVERS
PDF
Other27/12/2002
RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
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 202585,6 k €↓
2024
Annual accounts 202499,6 k €↓
2023
Annual accounts 2023108,9 k €↑
2022
Annual accounts 202260,9 k €↓
2021
Annual accounts 202189,2 k €↑
2020
Annual accounts 202074,2 k €↓
2019
Annual accounts 201977,7 k €↑
2018
Annual accounts 201840,6 k €↓
2017
Annual accounts 201756,3 k €↑
2016
Annual accounts 201615,8 k €↓
2015
Annual accounts 201525,6 k €↓
2014
Annual accounts 201435,2 k €↑
2013
Annual accounts 201317,4 k €↑
2012
Annual accounts 20124,8 k €↓
2011
Annual accounts 201127,8 k €↓
2010
Annual accounts 201039,5 k €↓
2009
Annual accounts 200972,4 k €↑
2008
Annual accounts 200864,7 k €↑
2007
Annual accounts 200737,5 k €↑
2006
Annual accounts 200629,8 k €
18/12/2002
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

CB MED

Overview

What does CB MED do?

Trend over 20 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