ACTIVE

MedImprove

Financial year 2025 · closed on 31/12/2025
Net result
176,4 k €
+297.7% YoY
Gross margin
616,4 k €
+150.1% YoY
Equity
301,1 k €
+9.6% YoY
Workforce
3,3 ETP

What does MedImprove do?

MedImprove is a Private limited company incorporated in 2020. Its main activity is: Research and experimental development on natural sciences and engineering. Its registered office is in Mortsel. It employs on average 3,3 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0758.914.241
Incorporation
30/11/2020
Legal form
Private limited company
Registered office
Antwerpsestraat 50
2640 Mortsel · FlandreSee on map
Contributed capital
160 000,00 €
Latest accounts
31/12/2025
Average workforce
3,3 ETP
Joint committees (2)
  • 330
  • 33004
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 5 financial years

20252024202320222021
Income statement
Gross margin616,4 k €246,4 k €180,3 k €115,8 k €62,1 k €
EBITDA408,5 k €106,2 k €94,3 k €53 k €-439,8 €
Operating result276 k €75,9 k €72,8 k €40,3 k €-8,7 k €
Net result176,4 k €44,4 k €46,5 k €34,4 k €-10,6 k €
Balance sheet
Equity301,1 k €274,7 k €230,3 k €133,8 k €-645 €
Total assets2,3 M €1,5 M €596,4 k €284,8 k €115,9 k €
Cash252,4 k €267,4 k €155,3 k €157,5 k €28 k €
Debts2 M €1,2 M €366,1 k €151 k €110,6 k €
Other
Workforce3,3 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 5 active · 3 ended

Active mandates

Lieve De Backer

Director · since 09 octobre 2023

Active
Jan De Backer

Director · since 27 juin 2023

Active
Wendel Dierckx

Director · since 17 décembre 2021

Active
Maria DE DECKER

Director · since 30 novembre 2020

Active
Wilfried DE BACKER

Director · since 30 novembre 2020

Active

Ended mandates

Wilfried De Backer

Director · since 30 novembre 2022

Ended
Kristel WILMS

Director · since 17 décembre 2021

Ended
Kristel Wilms

Director · since 17 décembre 2020 · until 27 juin 2023

Ended
At this address

Other companies at this address

Annual accounts

Full financial information

20252024202320222021
Type of accountAbridged modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202230/11/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/2021
Length of the financial year12 months12 months12 months12 months14 months
Filing date19/05/202603/07/202505/07/202425/07/202329/07/2022
General meeting29/04/202624/06/202525/06/202427/06/202328/06/2022
Currency of the financial yearEUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

5 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202529/04/202619/05/2026DutchPDF
Micro model31/12/202424/06/202503/07/2025DutchPDF
Micro model31/12/202325/06/202405/07/2024DutchPDF
Micro model31/12/202227/06/202325/07/2023DutchPDF
Micro model31/12/202128/06/202229/07/2022DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 · 5 active · 3 ended

Active mandates

Lieve De Backer

Director · since 09 octobre 2023

Active
Jan De Backer

Director · since 27 juin 2023

Active
Wendel Dierckx

Director · since 17 décembre 2021

Active
Maria DE DECKER

Director · since 30 novembre 2020

Active
Wilfried DE BACKER

Director · since 30 novembre 2020

Active

Ended mandates

Wilfried De Backer

Director · since 30 novembre 2022

Ended
Kristel WILMS

Director · since 17 décembre 2021

Ended
Kristel Wilms

Director · since 17 décembre 2020 · until 27 juin 2023

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office15/12/2025
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other18/12/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates13/12/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates03/08/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares17/11/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN
    PDF
  • Mandates14/04/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other02/12/2020
    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

Timeline

  1. 2025
    Annual accounts 2025176,4 k €
  2. 2024
    Annual accounts 202444,4 k €
  3. 2023
    Annual accounts 202346,5 k €
  4. 2022
    Annual accounts 202234,4 k €
  5. 2021
    Annual accounts 2021-10,6 k €
  6. 30/11/2020
    IncorporationPrivate limited company