DE MEDTS SERVICES
ActiveDE MEDTS SERVICES has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €249k and a net result of €12k. Equity remains stable across the filed fiscal years (±0% per year). Its solvency ranks better than 95% of 3549 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2024
75
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability49▲+8
Solvency100▲+24
Growth68▲+9
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €18k at 30 days acceptable
Liquidity ample (current ratio 18.87 against 2.08 in 2023; short-term debt: 5.3% and cash: 12.5% of total assets), and 5.3% 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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 11-07-2025, 20 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
20 d early
2023
15 d early
2022
3 d early
2021
3 d early
2020
12 d early
2019
32 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
€747k▼ 14.2%
2023 · €870k
2018: €574k
2019: €552k
2020: €484k
2021: €580k
2022: €630k
2023: €870k
2018 → 2024
EBIT margin
2.6%▲ 1.4pp
2023 · 1.2%
2018: 0.6%
2019: 1.2%
2020: 0.3%
2021: -2.5%
2022: 1.8%
2023: 1.2%
2018 → 2024
Net result
€12k▲ 84.0%
2023 · €7k
2018: €775
2019: €3k
2020: €-3k
2021: €-16k
2022: €6k
2023: €7k
2018 → 2024
Working capital
€249k▲ 3.9%
2023 · €239k
2018: €239k
2019: €242k
2020: €240k
2021: €233k
2022: €238k
2023: €239k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€484k-€580k▲ 19.9%€630k▲ 8.6%€870k▲ 38.2%€747k▼ 14.2%
Equity€240k-€224k▼ 6.6%€230k▲ 2.8%€237k▲ 2.9%€249k▲ 5.2%
Operating result€1k-€-14k€11k€10k▼ 8.3%€19k▲ 89.3%
Net result€-3k-€-16k▼ 485%€6k€7k▲ 6.6%€12k▲ 84.0%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 89% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €263k
Equity
€249k▲ 5.2%
Provisions
€0▼ 100%
Debt
€14k▼ 93.7%
The debt ratio falls from 48.1% to 5.3%. Equity is higher and debt is lower.
Key figures and ratios
Solvency
94.7%▲
2023 · 51.3%
Current ratio
18.87▲
2023 · 2.08
Quick ratio
18.87▲
2023 · 2.08
Debt / equity
0.06▼
2023 · 0.94
ROE
4.9%▲
2023 · 2.8%
ROA
4.7%▲
2023 · 1.4%
Debt
€14k▼
2023 · €222k
Debt ≤ 1 year
€14k▼
2023 · €222k
Income taxes
€6k▲
2023 · €3k
Staff costs
€593k▼
2023 · €630k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€461k€263k▼
Current assets29/58€461k€263k▼
Amounts receivable within one year40/41€451k€230k▼
Trade receivables40€276k€230k▼
Other amounts receivable41€175k€513▼
Cash at bank and in hand54/58€10k€33k▲
Equity and liabilities
Total equity and liabilities10/49€461k€263k▼
Equity10/15€237k€249k▲
Contributions10/11€74k€74k=
Capital10€74k€74k=
Issued capital100€74k€74k=
Reserves13€159k€172k▲
Non-distributable reserves130/1€7k€7k=
Legal reserve130€7k€7k=
Distributable reserves133€152k€165k▲
Profit (loss) carried forward14€3k€2k▼
Provisions and deferred taxes16€3k-
Provisions for liabilities and charges160/5€3k-
Other liabilities and charges164/5€3k-
Amounts payable17/49€222k€14k▼
Amounts payable within one year42/48€222k€14k▼
Trade debts44€212k€3k▼
Suppliers440/4€212k€3k▼
Taxes, remuneration and social security45€9k€11k▲
Taxes450/3€3k€4k▲
Remuneration and social security454/9€6k€7k▲
Other amounts payable47/48€338€338=
Income statement
Code20232024
Operating income70/76A€904k€753k▼
Turnover70€870k€747k▼
Other operating income74€34k€6k▼
Operating charges60/66A€894k€733k▼
Services and other goods61€267k€140k▼
Remuneration, social security and pensions62€630k€593k▼
Provisions for liabilities and charges: additions (uses and reversals)635/8€-6k€-3k▲
Other operating charges640/8€2k€2k▲
Operating profit (loss)9901€10k€19k▲
Financial income75/76B€1k€0▼
Recurring financial income75€20€0▼
Other financial income752/9€20€0▼
Non-recurring financial income76B€1k-
Financial charges65/66B€2k€849▼
Recurring financial charges65€2k€849▼
Debt charges650€964€18▼
Other financial charges652/9€799€831▲
Profit (loss) for the period before taxes9903€10k€19k▲
Income taxes67/77€3k€6k▲
Taxes670/3€3k€6k▲
Profit (loss) for the period9904€7k€12k▲
Profit (loss) for the period to be appropriated9905€7k€12k▲
Appropriation of the result
Profit (loss) to be appropriated9906€13k€15k▲
Profit (loss) brought forward from the previous period14P€6k€3k▼
Transfer to equity691/2€10k€13k▲
To other reserves6921€10k€13k▲
Social balance
Average headcount (FTE)908715.514.5▼
The notes to these accounts (23 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
11-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Highest result since 2018net €12k ▲84%
Operating result €19k, net result €12k, both a record.
31-12
Financial
Liquidity times 9current ratio 18.87
Current ratio from 2.08 to 18.87; short-term debt falls from €222k to €14k.
16-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Back to profitnet €6k
Net result €6k after 2 loss-making years.
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Weakest financial yearnet €-16k
Net result drops to €-16k, the lowest in the series; recovery starts the following year.
19-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Liquidity times 15current ratio 47.35
Current ratio from 3.16 to 47.35; short-term debt falls from €111k to €5k.
04-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
04-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
05-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
18-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
03-03
State Gazette act
General meeting · Demerger
Share issue · Capital decrease
2015
23-10
State Gazette act
Demerger · Corporate purpose
Share issue · Accounting effect
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
9 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, Wijnegem · 1 establishment unit since 1990
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.
Simon De Heuvellaan 82110 WijnegemGround area
1.1 ha
Building footprint
4,067 m²
Volume, LiDAR
210 m³
Parcel 11050A0146/00C000, Flanders · tallest building 2.2 m. Linked by address, not a title deed.
1 establishment unit
DE MEDTS SERVICES
since 19902.047.963.671
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11050A0146/00C000 | Flanders | 1.1 ha | 1 · 4,067 m² | 2.2 m |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 1,529 EUR awarded · 1,740 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 765 EUR | 984 EUR |
| 2024 | 1 | 218 EUR | 0 EUR |
| 2023 | 1 | 234 EUR | 444 EUR |
| 2022 | 1 | 312 EUR | 312 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 154 companies in sector 43342 we hold annual accounts for 68. 48 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded20-03-1990
Fiscal year end31-12
Activities, NACEBEL
43342Specialised construction activities
43230Insulation installation
43240Other construction installation
43291Specialised construction activities
43299Specialised construction activities
43310Plastering work
43320Joinery installation
Sources
Crossroads Bank for EnterprisesNational Bank · 34 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.