ACTIVE

CARDIOVEL

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Financial year 2025 · closed on 31/12/2025

Net result

59 k €

-16.4% YoY

Gross margin

142,1 k €

-9.6% YoY

Equity

244,8 k €

-15.3% YoY

What does CARDIOVEL do?

CARDIOVEL is a Private limited company incorporated in 2009. Its registered office is in Anderlecht.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0811.437.167

Incorporation

29/04/2009

Legal form

Private limited company

Registered office

Avenue Victor Olivier 6 box 122
1070 Anderlecht · BruxellesSee on map

Contributed capital

1 000,00 €

Latest accounts

31/12/2025

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 16 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010
Income statement
Gross margin	142,1 k €	-9.6%	157,2 k €	+9.5%	143,6 k €	+22.7%	117 k €	+15.0%	101,7 k €	+144%	41,6 k €	-19.6%	51,8 k €	-27.9%	71,9 k €	+80.4%	39,8 k €	-13.2%	45,9 k €	+1.9%	45 k €	+11.1%	40,5 k €	-39.8%	67,3 k €	-12.9%	77,3 k €	+6.0%	72,9 k €	-38.6%	118,9 k €
EBITDA	136,4 k €	-10.0%	151,5 k €	+28.7%	117,8 k €	+3.7%	113,6 k €	+15.7%	98,1 k €	+348%	21,9 k €	-56.7%	50,5 k €	-27.8%	70 k €	+81.3%	38,6 k €	-13.4%	44,6 k €	+2.0%	43,7 k €	+11.5%	39,2 k €	-40.6%	66 k €	-12.9%	75,8 k €	+10.3%	68,8 k €	-41.2%	116,9 k €
Operating result	96,2 k €	-13.9%	111,7 k €	+36.4%	81,9 k €	-4.7%	85,9 k €	+15.4%	74,4 k €	+534%	11,7 k €	-65.7%	34,2 k €	-14.7%	40,1 k €	+317%	9,6 k €	-21.1%	12,2 k €	-5.3%	12,9 k €	+2899%	-459,6 €	-103%	14 k €	-45.5%	25,7 k €	+49.4%	17,2 k €	-43.2%	30,3 k €
Net result	59 k €	-16.4%	70,6 k €	+33.6%	52,8 k €	-13.9%	61,4 k €	+11.1%	55,3 k €	+1051%	4,8 k €	-76.5%	20,4 k €	-13.7%	23,7 k €	+3896%	-624,2 €	-118%	3,4 k €	+399%	690,4 €	+112%	-5,8 k €	-3611%	165,3 €	-98.0%	8,1 k €	+246%	2,3 k €	+145%	-5,3 k €
Balance sheet
Equity	244,8 k €	-15.3%	289,2 k €	+32.3%	218,6 k €	+31.9%	165,8 k €	-6.5%	177,3 k €	+45.3%	122 k €	+4.1%	117,2 k €	+21.1%	96,8 k €	+32.4%	73,1 k €	-0.8%	73,7 k €	+4.9%	70,3 k €	+1.0%	69,6 k €	-7.7%	75,4 k €	+0.2%	75,2 k €	+12.1%	67,1 k €	+3.6%	64,7 k €
Total assets	573,6 k €	-10.6%	641,6 k €	+8.8%	589,5 k €	+35.0%	436,6 k €	-3.0%	449,9 k €	+22.7%	366,6 k €	+117%	169,3 k €	+20.6%	140,4 k €	+2.7%	136,7 k €	-7.9%	148,4 k €	-20.3%	186,2 k €	-8.0%	202,4 k €	-23.0%	262,9 k €	-7.9%	285,4 k €	-4.3%	298,1 k €	-17.4%	360,9 k €
Cash	134,2 k €	-12.5%	153,3 k €	+65.0%	92,9 k €	-1.2%	94 k €	+218%	29,6 k €	+30.5%	22,7 k €	-77.6%	101,1 k €	+65.3%	61,1 k €	+270%	16,5 k €	-5.2%	17,5 k €	-43.4%	30,8 k €	+379%	6,4 k €	-81.6%	35 k €	+19.4%	29,3 k €	+1742%	1,6 k €	-90.2%	16,2 k €
Debts	328,1 k €	-6.8%	352 k €	-4.9%	370 k €	+37.1%	269,9 k €	-0.9%	272,3 k €	+11.6%	244 k €	+386%	50,2 k €	+21.8%	41,2 k €	-31.8%	60,4 k €	-14.0%	70,2 k €	-36.7%	110,9 k €	-16.5%	132,8 k €	-25.4%	177,9 k €	-12.9%	204,2 k €	-9.6%	225,9 k €	-17.5%	274 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		–		–		–		–		–		0,2 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 · 1 active · 2 ended

Active mandates

SONIA VELEZ-ROA

Director

Active

Ended mandates

SONIA VELEZ-ROA

Manager · since 27 avril 2009

Ended

SONIA VELEZ-ROA

Manager

Ended

At this address

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MN DENTAL● Active	1002.563.888
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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro 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	29/08/2026	28/08/2025	26/07/2024	24/07/2023	25/07/2022	20/07/2021
General meeting	09/06/2026	10/06/2025	11/06/2024	13/06/2023	14/06/2022	08/06/2021
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

16 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	09/06/2026	29/08/2026	French	PDF
Micro model	31/12/2024	10/06/2025	28/08/2025	French	PDF
Micro model	31/12/2023	11/06/2024	26/07/2024	French	PDF
Micro model	31/12/2022	13/06/2023	24/07/2023	Dutch	PDF
Micro model	31/12/2021	14/06/2022	25/07/2022	French	PDF
Micro model	31/12/2020	08/06/2021	20/07/2021	French	PDF
Micro model	31/12/2019	09/06/2020	31/08/2020	French	PDF
Micro model	31/12/2018	11/06/2019	26/08/2019	French	PDF
Micro model	31/12/2017	12/06/2018	26/06/2018	French	PDF
Micro model	31/12/2016	13/06/2017	28/08/2017	French	PDF
Abridged model	31/12/2015	14/06/2016	12/07/2016	French	PDF
Abridged model	31/12/2014	09/06/2015	27/08/2015	French	PDF
Abridged model	31/12/2013	10/06/2014	18/07/2014	French	PDF
Abridged model	31/12/2012	11/06/2013	18/07/2013	French	PDF
Abridged model	31/12/2011	12/06/2012	24/07/2012	French	PDF
Abridged model	31/12/2010	14/06/2011	31/08/2011	French	PDF

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 · 1 active · 2 ended

Active mandates

SONIA VELEZ-ROA

Director

Active

Ended mandates

SONIA VELEZ-ROA

Manager · since 27 avril 2009

Ended

SONIA VELEZ-ROA

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Registered office18/05/2026
SIEGE SOCIAL
PDF
Mandates02/10/2020
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - DIVERS - DEMISSIONS, NOMINATIONS
PDF
Mandates08/06/2016
DEMISSIONS, NOMINATIONS
PDF
Other08/05/2009
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 202559 k €↓
2024
Annual accounts 202470,6 k €↑
2023
Annual accounts 202352,8 k €↓
2022
Annual accounts 202261,4 k €↑
2021
Annual accounts 202155,3 k €↑
2020
Annual accounts 20204,8 k €↓
2019
Annual accounts 201920,4 k €↓
2018
Annual accounts 201823,7 k €↑
2017
Annual accounts 2017-624,2 €↓
2016
Annual accounts 20163,4 k €↑
2015
Annual accounts 2015690,4 €↑
2014
Annual accounts 2014-5,8 k €↓
2013
Annual accounts 2013165,3 €↓
2012
Annual accounts 20128,1 k €↑
2011
Annual accounts 20112,3 k €↑
2010
Annual accounts 2010-5,3 k €
29/04/2009
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

CARDIOVEL

Overview

What does CARDIOVEL do?

Trend over 16 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