ACTIVE

VISMED (SRL)

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Financial year 2025 · closed on 31/12/2025

Net result

3,8 M €

-38.7% YoY

Revenue

22,9 M €

-20.3% YoY

Equity

13,4 M €

+40.2% YoY

What does VISMED do?

VISMED is a Private limited company incorporated in 2015. Its registered office is in Leuven.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0598.725.075

Incorporation

13/02/2015

Legal form

Private limited company

Registered office

Naamsestraat 12
3000 Leuven · FlandreSee on map

Contributed capital

510 176,14 €

Latest accounts

31/12/2025

Signals

ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHigh revenue

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 10 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016
Income statement
Revenue	22,9 M €	-20.3%	28,8 M €	-18.5%	35,3 M €		–		–		–		–		–		–		–
EBITDA	8,1 M €	-31.7%	11,9 M €	+537%	1,9 M €	-63.2%	5,1 M €	+26.2%	4 M €	+3479%	112,7 k €	+4.8%	107,5 k €	-55.9%	243,7 k €	+117%	112,4 k €	+53.5%	73,2 k €
Operating result	7,3 M €	-36.3%	11,4 M €	+552%	1,8 M €	-65.0%	5 M €	+25.5%	4 M €	+5039%	77,5 k €	+7.1%	72,4 k €	-67.6%	223,1 k €	+178%	80,4 k €	+95.0%	41,2 k €
Net result	3,8 M €	-38.7%	6,3 M €	+2882%	210,5 k €	-92.4%	2,8 M €	+17.4%	2,4 M €	+7071%	32,8 k €	-19.0%	40,5 k €	-69.0%	130,7 k €	+225%	40,2 k €	+629%	5,5 k €
Balance sheet
Equity	13,4 M €	+40.2%	9,6 M €	+71.2%	5,6 M €	+3.9%	5,4 M €	+105%	2,6 M €	+877%	268,2 k €	+17.0%	229,3 k €	+21.4%	188,8 k €	+225%	58,1 k €	+224%	17,9 k €
Total assets	60,4 M €	-5.0%	63,6 M €	+100%	31,8 M €	-44.2%	56,9 M €	-10.0%	63,2 M €	+143%	26,1 M €	+342%	5,9 M €	+314%	1,4 M €	-21.3%	1,8 M €	+27.6%	1,4 M €
Cash	223,1 k €	-79.2%	1,1 M €	-69.7%	3,6 M €	+178%	1,3 M €	-35.2%	2 M €	+593%	284,6 k €	+103%	140,2 k €	+37.3%	102,1 k €	+20.2%	84,9 k €	+807%	9,4 k €
Debts	43,6 M €	-14.3%	50,8 M €	+94.1%	26,2 M €	-48.7%	51 M €	-15.3%	60,2 M €	+135%	25,6 M €	+352%	5,7 M €	+370%	1,2 M €	-31.2%	1,8 M €	+25.1%	1,4 M €

Estimate

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 3 ended

Active mandates

Finance & Management Executives

Director · 0472.547.277

Represented by Tim Pauwels

Active

Tim Pauwels

Director

Active

Ended mandates

Tim Pauwels

Manager · since 13 février 2015 · until 01 juin 2017

Ended

Finance & Management Executives

Manager · 0472.547.277

Represented by Tim Pauwels

Ended

Tim Pauwels

Manager

Ended

At this address

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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full 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	30/06/2026	24/06/2025	16/05/2024	01/06/2023	17/04/2022	23/04/2021
General meeting	26/06/2026	23/06/2025	10/05/2024	31/05/2023	31/03/2022	24/03/2021
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

10 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	26/06/2026	30/06/2026	Dutch	PDF
Full model	31/12/2024	23/06/2025	24/06/2025	Dutch	PDF
Full model	31/12/2023	10/05/2024	16/05/2024	Dutch	PDF
Abridged model	31/12/2022	31/05/2023	01/06/2023	Dutch	PDF
Abridged model	31/12/2021	31/03/2022	17/04/2022	Dutch	PDF
Abridged model	31/12/2020	24/03/2021	23/04/2021	Dutch	PDF
Abridged model	31/12/2019	22/05/2020	27/05/2020	Dutch	PDF
Abridged model	31/12/2018	30/06/2019	05/07/2019	Dutch	PDF
Abridged model	31/12/2017	30/06/2018	06/08/2018	Dutch	PDF
Abridged model	31/12/2016	12/05/2017	15/06/2017	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 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 · 3 ended

Active mandates

Finance & Management Executives

Director · 0472.547.277

Represented by Tim Pauwels

Active

Tim Pauwels

Director

Active

Ended mandates

Tim Pauwels

Manager · since 13 février 2015 · until 01 juin 2017

Ended

Finance & Management Executives

Manager · 0472.547.277

Represented by Tim Pauwels

Ended

Tim Pauwels

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Registered office07/01/2025
MAATSCHAPPELIJKE ZETEL
PDF
Restructuring13/08/2024
KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring25/04/2024
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates25/10/2023
WIJZIGING RECHTSVORM - MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates15/06/2017
ONTSLAGEN - BENOEMINGEN
PDF
Mandates10/03/2017
ONTSLAGEN - BENOEMINGEN
PDF
Other27/02/2015
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
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 20253,8 M €↓
2024
Annual accounts 20246,3 M €↑
31/07/2024
augmentation_capital
2023
Annual accounts 2023210,5 k €↓
2022
Annual accounts 20222,8 M €↑
2021
Annual accounts 20212,4 M €↑
2020
Annual accounts 202032,8 k €↓
2019
Annual accounts 201940,5 k €↓
2018
Annual accounts 2018130,7 k €↑
2017
Annual accounts 201740,2 k €↑
2016
Annual accounts 20165,5 k €
13/02/2015
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

VISMED (SRL)

Overview

What does VISMED do?

Trend over 10 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