BA MED
ActiveSummary
The computed 12-month bankruptcy probability of BA MED is 2.7% (moderate). The 2025 annual accounts show equity of €27k and a net result of €23k. Equity is growing by ~7.5% per year across the filed fiscal years. The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
66
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency68▼-26
Growth67▲+21
Track record94
Bankruptcy probability, 12 months
2.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity ample (current ratio 1.76 against 3.18 in 2024; short-term debt: 56.8% and cash: 95.1% of total assets), but 56.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
43.2%
Return on assets
36%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 11-05-2026, 81 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
81 d early
2024
17 d early
2023
26 d late
2022
5 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€93k▲ 11.4%
2024 · €84k
2022: €84k
2023: €69k
2024: €84k
2022 → 2025
EBIT margin
30.0%▼ 3.3pp
2024 · 33.3%
2022: 26.8%
2023: 27.1%
2024: 33.3%
2022 → 2025
Net result
€23k▲ 6.0%
2024 · €21k
2022: €22k
2023: €10k
2024: €21k
2022 → 2025
Working capital
€27k▼ 30.6%
2024 · €39k
2022: €25k
2023: €35k
2024: €39k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Turnover€84k-€69k▼ 18.3%€84k▲ 22.4%€93k▲ 11.4%
Equity€25k-€35k▲ 39.9%€40k▲ 11.5%€27k▼ 31.3%
Operating result€22k-€19k▼ 17.2%€28k▲ 50.3%€28k▲ 0.3%
Net result€22k-€10k▼ 54.8%€21k▲ 111%€23k▲ 6.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 0% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €63k
Fixed assets
€13 ▼ 96.8%
Current assets
€63k ▲ 10.1%
Equity and liabilities €63k
Equity
€27k ▼ 31.3%
Debt
€36k ▲ 98.8%
Debt's share of the balance-sheet total rises from 31.2% to 56.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€28k▲
2024 · €28k
Cash flow
€23k▲
2024 · €22k
Current ratio
1.76▼
2024 · 3.18
Debt to equity
1.31▲
2024 · 0.45
ROE
83.4%▲
2024 · 54.0%
ROA
36.0%▼
2024 · 37.2%
Interest coverage
189.43▼
2024 · 209.94
Debt ≤ 1 year
€36k▲
2024 · €18k
Income taxes
€6k▼
2024 · €6k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 38 lines
Balance sheet
Code20242025
Assets
Total assets20/58€57k€63k▲
Fixed assets21/28€413€13▼
Tangible fixed assets22/27€413€13▼
Furniture and vehicles24€413€13▼
Current assets29/58€57k€63k▲
Amounts receivable within one year40/41€2k€3k▲
Other amounts receivable41€2k€3k▲
Cash at bank and in hand54/58€55k€60k▲
Equity and liabilities
Total equity and liabilities10/49€57k€63k▲
Equity10/15€40k€27k▼
Contributions10/11€3k€3k=
Profit (loss) carried forward14€37k€24k▼
Amounts payable17/49€18k€36k▲
Amounts payable within one year42/48€18k€36k▲
Trade debts44-€627
Suppliers440/4-€627
Taxes, remuneration and social security45€3k€5k▲
Taxes450/3€3k€5k▲
Other amounts payable47/48€15k€30k▲
Income statement
Code20242025
Turnover70€84k€93k▲
Goods, raw materials, services and sundry goods60/61€55k€65k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€400€400=
Other operating charges640/8€387€465▲
Gross operating margin9900€29k€29k▲
Operating profit (loss)9901€28k€28k▲
Financial income75/76B-€691
Recurring financial income75-€691
Financial charges65/66B€185€150▼
Recurring financial charges65€135€150▲
Non-recurring financial charges66B€50-
Profit (loss) for the period before taxes9903€28k€29k▲
Income taxes67/77€6k€6k▼
Profit (loss) for the period9904€21k€23k▲
Profit (loss) for the period to be appropriated9905€21k€23k▲
Appropriation of the result
Profit (loss) to be appropriated9906€54k€59k▲
Profit (loss) brought forward from the previous period14P€32k€37k▲
Profit to be distributed694/7€17k€35k▲
Return on contributions (dividend)694€17k€35k▲
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
11-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2022net €23k ▲6%
Operating result €28k, net result €23k, both a record.
14-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 26 days late
2023
31-12
Financial
Weakest financial yearnet €10k ▼54.8%
Net result drops to €10k, the lowest in the series; recovery starts the following year.
26-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Ottignies-Louvain-la-Neuve · 1 establishment unit since 2021
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Avenue Paul Delvaux 31340 Ottignies-Louvain-la-NeuveGround area
2,641 m²
Building footprint
967 m²
Volume, LiDAR
14,119 m³
2 parcels, Brussels, Wallonia · tallest building 18.9 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
BA MED
since 20212.325.554.313
2 parcels
Wallonia
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25083D0225/00N002 | Wallonia | 2,138 m² | 1 · 664 m² | 18.9 m · 5 fl. |
| 21012A0169/00D009 | Brussels | 503 m² | 1 · 302 m² | 15.9 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-11-2021
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.