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DE MEDTS

Active
Public limited companyfounded 1967active for 58 yearsSimon De Heuvellaan 8, 2110 Wijnegem, BelgiumKBO/BCE: BE 0400.853.587
Summary

DE MEDTS has been active since 1967 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.7m and a net result of €524,731. Equity has been shrinking by about 5.2% per year since 2018. Its solvency ranks better than 30% of 2,445 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 18-11-1967 Normal situation
Activity
Painting of buildings NACE 43341and 1 other
Joint committees
124 Paritair Comité voor het bouwbedrijf
200 Aanvullend Paritair Comité voor de bedienden · annual accounts 2025
Establishment unit
2.037.823.708 2110 Wijnegem, since 01-11-1967
Financial year end
31 December
Peppol
Reachable since 01-12-2025

Board and ownership

Shareholders

Financial position

94 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2025
Turnover
€19.1m
▲ 40.8%
Profit
€524,731
▲ 92.8%
Equity
€2.7m
▲ 0.9%
Total assets
€9.4m
▲ 23.1%
Employees on 31-12-2025
96
▲ 4.3%
Filed on 16-06-2026, 45 days before the deadline
Score breakdownraises riskSector: Specialised construction activities (NACE 43)lowers riskFounded in 1967Profit of €524,731 (financial year 2025)Size: turnover €19.1m, 95.9 FTE, total assets €9.4mShow the evidence

Checked score

Score 2025
94 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 52% of medium-sized companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Average
Solvency 53-7
equity 28.4% of total assets
Liquidity 35=
short-term debt 59.6% · cash 13.0%
Profitability 67+4
return on assets 5.6%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (241 companies, NACE 43, medium-sized)
Last 24 months 12-2024: 0.4% 01-2025: 0.4%● unchanged vs 12-2024 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.4%● unchanged vs 02-2025 04-2025: 0.4%● unchanged vs 03-2025 05-2025: 0.5%▲ +0.1 percentage points vs 04-2025 06-2025: 0.5%● unchanged vs 05-2025 07-2025: 0.6%▲ +0.1 percentage points vs 06-2025highest value 08-2025: 0.2%▼ -0.4 percentage points vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.1%▼ -0.1 percentage points vs 06-2026lowest value 08-2026: 0.1%● unchanged vs 07-2026lowest value 09-2026: 0.1%● unchanged vs 08-2026lowest value 10-2026: 0.1%● unchanged vs 09-2026lowest value 11-2026: 0.1%● unchanged vs 10-2026lowest value
Credit of up to €250,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.28 (1.47 in 2024), below the usual 1.5. Short-term debt is 59.6% and cash 13% of total assets. 71.6% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, medium-sized). It does better than 41% of them on solvency, 47% on liquidity, 55% on profitability and 66% on growth.

The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Founded in 1967
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
lowers risk · Profit of €524,731 (financial year 2025)
NBB · annual accounts
lowers risk · Size: turnover €19.1m, 95.9 FTE, total assets €9.4m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €2.7m
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 16-06-2026, 45 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
45 days early
2024
20 days early
2023
15 days early
2022
3 days early
2021
3 days early
2020
12 days early
2019
15 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 16 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 17 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Result rose in 2025from €272,233 to €524,731 ▲ 92.8% View
  • Positive: Oldest company in Wijnegem, Construction sectorin the Checked rankings No. 1 View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Positive: 4 years of growth in a rowturnover 2025: €19.1m 4 years View

Recent changes

  1. · Gazette deed Reappointments: Dirk Jonckheere, Michiel Jonckheere and FIGURAD BedrijfsrevisorenAppointment: Dirk Jonckheere (managing director)
  2. · Gazette deed Appointments: Dirk Jonckheere (managing director) and Michiel Jonckheere (director)
  3. · Gazette deed Appointment: FIGURAD (statutory auditor)
All 31 events

Companies linked to DE MEDTS

Comparable companies

These companies have the same main activity as DE MEDTS: painting of buildings (NACE 43341). They are comparable in size and age: total assets between €6.5m and €27m, founded between 1968 and 1988.

CompanyTotal assetsTurnover
DE MEDTS Wijnegem€9.4m€19.1m
WOUTIM Peer€6.8m€14.2m
E. BAILLIEN Maasmechelen€20.0m€12.7m
Veldeman Aannemingen Dendermonde€23.8m€42.9m
Les Entreprises Yvo Rinaldi Flémalle€26.9m€33.0m
JUFFERN SA Brussel€6.5m-
Overseas Import Lubricating Maldegem€9.1m€9.4m
Full comparison

Key facts about DE MEDTS

What is the company number of DE MEDTS?
The company number of DE MEDTS is 0400.853.587. The VAT number is the same number with BE in front: BE 0400.853.587.
Where is DE MEDTS based?
The registered office is at Simon De Heuvellaan 8, 2110 Wijnegem.Company details
What does DE MEDTS do?
According to the KBO register, the main activity is painting of buildings (NACE 43341).
What is the legal form of DE MEDTS?
The legal form of DE MEDTS is Public limited company (NV).
When was DE MEDTS founded?
DE MEDTS was founded on 18-11-1967.
Is DE MEDTS still active?
Yes, DE MEDTS is an active enterprise in the KBO register.
How many employees does DE MEDTS have?
DE MEDTS had an average of 95.9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does DE MEDTS fall under?
In its 2025 annual accounts, DE MEDTS states joint committees 124 (Paritair Comité voor het bouwbedrijf) and 200 (Aanvullend Paritair Comité voor de bedienden).
What is the turnover of DE MEDTS?
The turnover of DE MEDTS was €19.1m in financial year 2025, according to the filed annual accounts.
Is DE MEDTS profitable?
In financial year 2025, DE MEDTS made a profit of €524,731.
Where can I find the annual accounts of DE MEDTS?
DE MEDTS filed 49 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of DE MEDTS due?
DE MEDTS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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