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ONWARD Medical

  • Eindhoven, Netherlands
  • Healthcare
  • onwd.com
  • Verifiedvalid until 19 Oct 2027
137.3FTEEmployeesVerifiedas of 31 Dec 2025
—Founded
4/5Financial years checkedFY 2022 – FY 2025
—Average ratingNo reviews yet
0AwardsNo published awards yet

01Overview

About ONWARD Medical

Short description by MeritVeri

Medical-technology company developing neuromodulation therapies and devices to restore movement and function after spinal cord injury, including an implantable system and a wearable stimulation product. Registered in Eindhoven, with research and clinical activity in Europe and the US.

On this profile

  1. 02VerificationVerified7 items checked by MeritVeri
  2. 03FinancialsProfit in 0 of 4 years · FY 2022 – FY 2025
  3. 04PeopleCEO / managing director and 6 owners / shareholders, named
  4. 06AwardsNo published awards yet
  5. 07ReviewsNo reviews yet

02Verification

Checked fact by fact

MeritVeri checks each fact against official public sources, the company's own publications or documentary evidence, and lists exactly what was checked. Nothing on this list can be bought.

Verified

Verified on 19 October 2026, valid until the end of 19 October 2027 (Brussels time).

VRF-NL-2026-000138
  • Official public sourcesBusiness register, central balance sheet office, official gazette, EU VAT system and LEI record
  • Published by the companyThe company's own published annual reports and website
  • Decided by MeritVeriMeritVeri decides every verification and records it with its date and reference

What was checked7 items

Items checked by MeritVeri, with the checked value, the source and the state of each
ItemChecked valueSourceState
Registration number64598748—Verified
Registered office addressSchimmelt 2, 5611ZX Eindhoven—Verified
Websitehttps://www.onwd.com/—Verified
Number of employees137.3 FTEas of 31 Dec 2025—Verified
CEO / managing director1 personsee People—Verified
Owners / shareholders6 shareholderssee People—Verified
Financial statementsFY 2022 – FY 2025 · 4 yearssee Financials—Verified

All items checked on 19 Oct 2026

Outside this verification

  • Quality of products and services
  • Phone number and email address
  • Description, logo and photos
  • Social media accounts
  • Creditworthiness or future results

Verification cycles

  1. VRF-NL-2026-000138First verification · Current · 19 Oct 2026 – 19 Oct 2027Verified

03Financials

Four financial years, checked

Every checked amount was compared with the annual accounts filed with the official register. The result label for each year is always public.

  • Verified
  • Not disclosed
  • Not available

EUR · financial year = calendar year

Financial results FY 2022 to FY 2025, oldest first. Each value shows its verification state.
MetricFY 20221 Jan – 31 DecFY 20231 Jan – 31 DecFY 20241 Jan – 31 DecFY 20251 Jan – 31 DecTrend
ResultLossLossLossLossProfit in 0/4
Revenue€2,148,000Verified€532,000Verified€1,739,000Verified€5,414,000Verified2022: €2,148,0002023: €532,0002024: €1,739,0002025: €5,414,000+152% since 2022
Net resultafter tax-€32,772,000Verified-€36,181,000Verified-€35,725,000Verified-€41,787,000Verified2022: -€32,772,0002023: -€36,181,0002024: -€35,725,0002025: -€41,787,0002022–2025
Equity€52,631,000Verified€17,931,000Verified€48,054,000Verified€55,316,000Verified2022: €52,631,0002023: €17,931,0002024: €48,054,0002025: €55,316,000+5% since 2022
Gross marginNot availableNot availableNot availableNot available—
EBITDANot availableNot availableNot availableNot available—
Source————

FY 20251 Jan – 31 Dec

Loss
Revenue
€5,414,000Verified
Net result
-€41,787,000Verified
Equity
€55,316,000Verified
Gross margin
Not available
EBITDA
Not available

FY 20241 Jan – 31 Dec

Loss
Revenue
€1,739,000Verified
Net result
-€35,725,000Verified
Equity
€48,054,000Verified
Gross margin
Not available
EBITDA
Not available

FY 20231 Jan – 31 Dec

Loss
Revenue
€532,000Verified
Net result
-€36,181,000Verified
Equity
€17,931,000Verified
Gross margin
Not available
EBITDA
Not available

FY 20221 Jan – 31 Dec

Loss
Revenue
€2,148,000Verified
Net result
-€32,772,000Verified
Equity
€52,631,000Verified
Gross margin
Not available
EBITDA
Not available
What the states and labels mean
Profit · Loss · Break-even
Based on the net result of the financial year. Break-even: the net result, positive or negative, is at most 1% of that year's revenue. Otherwise a positive net result is a profit and a negative one a loss. If the year has no revenue figure, it is break-even only when the net result is exactly 0.
Verified
Checked by MeritVeri against the filed annual accounts or other official sources, in a verification that is valid today.
Not disclosed
The company chose not to publish this value.
Not available
There is no value for this financial year.
Amount hidden by the company
The company chose not to show its amounts. The years, the state of each value and the result of each year stay public.

04People

Who runs and owns it

Management, owners and board, checked by MeritVeri against official sources such as the official gazette and filed annual accounts, and against the company's own published annual reports.

Employees
137.3 employees (FTE) · as of 31 Dec 2025
Verified

CEO / managing directorChecked 19 Oct 2026

  • Dave MarverChairman and CEO
    Verified

Owners / shareholdersChecked 19 Oct 2026

  • LSP V Management B.V.Shareholder: substantial holding notified to the AFM · Company
    17.38% of the sharesVerified
  • O.M.H.G. NäderShareholder: substantial holding notified to the AFM · Company
    9.67% of the sharesVerified
  • INKEF Capital B.V.Shareholder: substantial holding notified to the AFM · Company
    8.94% of the sharesVerified
  • Other shareholders3 holders, each below 5%, not named · 12.53% of the shares
    Verified

Only people marked “Verified” were checked by MeritVeri in a valid verification. “Checked earlier” means that verification is no longer valid.

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05Business details

Business details

Each detail says where it comes from. Only details marked “Verified” were checked by MeritVeri.

Legal name
ONWARD Medical N.V.
Trading name
ONWARD Medical
KvK number
64598748
Verified
Registered office
Schimmelt 25611ZX EindhovenNetherlands
Verified
Industry
Healthcare
Employees
137.3 FTEas of 31 Dec 2025
Verified

Listing updated on 19 Oct 2026 · Report incorrect information

06Awards

Awards

Results of published award editions. Placements are decided by MeritVeri and can never be bought.

No published award results yet.

07Reviews

What people report

Experiences of customers, employees and business relations. Every review is checked by MeritVeri before it is published; the company cannot remove or reorder them.

—

0 published reviews

  • 5 stars: 0 of 0
  • 4 stars: 0 of 0
  • 3 stars: 0 of 0
  • 2 stars: 0 of 0
  • 1 star: 0 of 0
Customers
0
Employees
0
Business relations
0
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