Endomedical
ActiveSummary
The computed 12-month bankruptcy probability of Endomedical is 4.2% (elevated). The 2024 annual accounts show equity of €345k and a net result of €183k. Equity is growing by ~15% per year across the filed fiscal years. The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
59
/ 100
Fair
An elevated bankruptcy probability caps the score. A confirmed filing finding caps the score. Each of these causes sets the same score on its own. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+43
Solvency84▼-1
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
4.2%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €20k at 30 days only on tighter terms
Liquidity ample (current ratio 2.06 against 2.18 in 2023; short-term debt: 40.4% and cash: 12.1% of total assets), and 41.3% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
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 2024Solvency, return and age of the figures
Solvency
58.7%
Return on assets
31.1%
Age of the figures
21 mo
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 05-12-2025, 127 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
127 d late
2023
492 d late
2022
339 d late
2021
137 d late
2020
303 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€345k▲ 31.5%
2023 · €263k
2020: €170klowest in 5 years
2021: €239k▲ +40.6% vs 2020
2022: €294k▲ +22.9% vs 2021
2023: €263k▼ -10.8% vs 2022
2024: €345k▲ +31.5% vs 2023highest in 5 years
2020 → 2024
Total assets
€588k▲ 34.2%
2023 · €438k
2020: €229klowest in 5 years
2021: €323k▲ +41.3% vs 2020
2022: €398k▲ +23.2% vs 2021
2023: €438k▲ +10.1% vs 2022
2024: €588k▲ +34.2% vs 2023highest in 5 years
2020 → 2024
Net result
€183k▲ 168%
2023 · €68k
2020: €168k
2021: €69k▼ -58.7% vs 2020
2022: €55k▼ -20.6% vs 2021lowest in 5 years
2023: €68k▲ +24.1% vs 2022
2024: €183k▲ +168% vs 2023highest in 5 years
2020 → 2024
Working capital
€251k▲ 34.0%
2023 · €187k
2020: €68klowest in 5 years
2021: €145k▲ +113% vs 2020
2022: €189k▲ +30.7% vs 2021
2023: €187k▼ -1.2% vs 2022
2024: €251k▲ +34.0% vs 2023highest in 5 years
2020 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€170k-€239k▲ 40.6%€294k▲ 22.9%€263k▼ 10.8%€345k▲ 31.5%
2020: €170klowest in 5 years
2021: €239k▲ +40.6% vs 2020
2022: €294k▲ +22.9% vs 2021
2023: €263k▼ -10.8% vs 2022
2024: €345k▲ +31.5% vs 2023highest in 5 years
Operating result€217k-€88k▼ 59.4%€138k▲ 56.3%€193k▲ 39.6%€275k▲ 42.8%
2020: €217k
2021: €88k▼ -59.4% vs 2020lowest in 5 years
2022: €138k▲ +56.3% vs 2021
2023: €193k▲ +39.6% vs 2022
2024: €275k▲ +42.8% vs 2023highest in 5 years
Net result€168k-€69k▼ 58.7%€55k▼ 20.6%€68k▲ 24.1%€183k▲ 168%
2020: €168k
2021: €69k▼ -58.7% vs 2020
2022: €55k▼ -20.6% vs 2021lowest in 5 years
2023: €68k▲ +24.1% vs 2022
2024: €183k▲ +168% vs 2023highest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 43% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €588k
Fixed assets
€100k ▲ 7.4%
Current assets
€489k ▲ 41.4%
Equity and liabilities €588k
Equity
€345k ▲ 31.5%
Debt
€243k ▲ 38.2%
Debt's share of the balance-sheet total rises from 40.1% to 41.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€298k▲
2023 · €213k
Cash flow
€205k▲
2023 · €88k
Current ratio
2.06▼
2023 · 2.18
Debt to equity
0.70▲
2023 · 0.67
ROE
52.9%▲
2023 · 26.0%
ROA
31.1%▲
2023 · 15.5%
Interest coverage
44.86▲
2023 · 2.23
Debt ≤ 1 year
€238k▲
2023 · €158k
Debt > 1 year
€5k▼
2023 · €16k
Income taxes
€112k▲
2023 · €29k
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 · 2024 against 2023 · 48 lines
Balance sheet
Code20232024
Assets
Total assets20/58€438k€588k▲
Fixed assets21/28€93k€100k▲
Intangible fixed assets21€57k€48k▼
Tangible fixed assets22/27€35k€52k▲
Furniture and vehicles24€23k€43k▲
Leasing and similar rights25€13k€9k▼
Financial fixed assets28€300€300=
Current assets29/58€346k€489k▲
Amounts receivable after more than one year29€107k€228k▲
Other amounts receivable291€107k€228k▲
Amounts receivable within one year40/41€191k€190k▼
Trade receivables40€106k€112k▲
Other amounts receivable41€86k€78k▼
Cash at bank and in hand54/58€47k€71k▲
Deferred charges and accrued income490/1€68-
Equity and liabilities
Total equity and liabilities10/49€438k€588k▲
Equity10/15€263k€345k▲
Contributions10/11€3k€3k=
Profit (loss) carried forward14€260k€342k▲
Amounts payable17/49€176k€243k▲
Amounts payable after more than one year17€16k€5k▼
Financial debts170/4€16k€5k▼
Amounts payable within one year42/48€158k€238k▲
Current portion of amounts payable after more than one year42€10k€10k▲
Trade debts44€6k€6k▲
Suppliers440/4€6k€6k▲
Taxes, remuneration and social security45€43k€121k▲
Taxes450/3€40k€118k▲
Remuneration and social security454/9€3k€3k=
Other amounts payable47/48€100k€100k=
Accrued charges and deferred income492/3€2k-
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20k€22k▲
Other operating charges640/8€204€741▲
Non-recurring operating charges66A-€805
Gross operating margin9900€213k€299k▲
Operating profit (loss)9901€193k€275k▲
Financial income75/76B-€26k
Recurring financial income75-€26k
Financial charges65/66B€95k€7k▼
Recurring financial charges65€95k€7k▼
Profit (loss) for the period before taxes9903€97k€295k▲
Income taxes67/77€29k€112k▲
Profit (loss) for the period9904€68k€183k▲
Profit (loss) for the period to be appropriated9905€68k€183k▲
Appropriation of the result
Profit (loss) to be appropriated9906€360k€442k▲
Profit (loss) brought forward from the previous period14P€292k€260k▼
Profit to be distributed694/7€100k€100k=
Return on contributions (dividend)694€100k€100k=
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €16k | €19k | €21k | €20k | €22k | ▲ 11.6% |
| Other operating charges640/8 | €925 | €2k | €966 | €204 | €741 | ▲ 264% |
| Non-recurring operating charges66A | €232 | €116 | €383 | - | €805 | - |
| Gross operating margin9900 | €234k | €109k | €160k | €213k | €299k | ▲ 40.5% |
| Operating profit (loss)9901 | €217k | €88k | €138k | €193k | €275k | ▲ 42.8% |
| Financial income75/76B | €2k | - | €0 | - | €26k | - |
| Recurring financial income75 | €2k | - | €0 | - | €26k | - |
| Financial charges65/66B | €86 | €154 | €67k | €95k | €7k | ▼ 93.0% |
| Recurring financial charges65 | €86 | €154 | €67k | €95k | €7k | ▼ 93.0% |
| Profit (loss) for the period before taxes9903 | €219k | €88k | €71k | €97k | €295k | ▲ 203% |
| Income taxes67/77 | €51k | €19k | €16k | €29k | €112k | ▲ 283% |
| Profit (loss) for the period9904 | €168k | €69k | €55k | €68k | €183k | ▲ 168% |
| Profit (loss) for the period to be appropriated9905 | €168k | €69k | €55k | €68k | €183k | ▲ 168% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €229k | €323k | €398k | €438k | €588k | ▲ 34.2% |
| Fixed assets21/28 | €102k | €95k | €105k | €93k | €100k | ▲ 7.4% |
| Intangible fixed assets21 | €85k | €76k | €67k | €57k | €48k | ▼ 16.4% |
| Tangible fixed assets22/27 | €17k | €18k | €38k | €35k | €52k | ▲ 46.2% |
| Furniture and vehicles24 | €17k | €10k | €5k | €23k | €43k | ▲ 88.2% |
| Leasing and similar rights25 | - | €8k | €6k | €13k | €9k | ▼ 29.7% |
| Assets under construction and advance payments27 | - | - | €27k | - | - | - |
| Financial fixed assets28 | €300 | €300 | €300 | €300 | €300 | = |
| Current assets29/58 | €127k | €229k | €293k | €346k | €489k | ▲ 41.4% |
| Amounts receivable after more than one year29 | - | - | - | €107k | €228k | ▲ 112% |
| Other amounts receivable291 | - | - | - | €107k | €228k | ▲ 112% |
| Amounts receivable within one year40/41 | €39k | €59k | €77k | €191k | €190k | ▼ 0.6% |
| Trade receivables40 | €39k | €46k | €72k | €106k | €112k | ▲ 6.0% |
| Other amounts receivable41 | - | €13k | €5k | €86k | €78k | ▼ 8.8% |
| Cash at bank and in hand54/58 | €88k | €169k | €216k | €47k | €71k | ▲ 51.1% |
| Deferred charges and accrued income490/1 | - | - | - | €68 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €229k | €323k | €398k | €438k | €588k | ▲ 34.2% |
| Equity10/15 | €170k | €239k | €294k | €263k | €345k | ▲ 31.5% |
| Contributions10/11 | €3k | €3k | €3k | €3k | €3k | = |
| Profit (loss) carried forward14 | €168k | €237k | €292k | €260k | €342k | ▲ 31.8% |
| Amounts payable17/49 | €59k | €84k | €104k | €176k | €243k | ▲ 38.2% |
| Amounts payable after more than one year17 | - | - | - | €16k | €5k | ▼ 65.7% |
| Financial debts170/4 | - | - | - | €16k | €5k | ▼ 65.7% |
| Amounts payable within one year42/48 | €59k | €84k | €104k | €158k | €238k | ▲ 50.0% |
| Current portion of amounts payable after more than one year42 | - | - | - | €10k | €10k | ▲ 5.8% |
| Trade debts44 | €7k | €14k | €14k | €6k | €6k | ▲ 5.9% |
| Suppliers440/4 | €7k | €14k | €14k | €6k | €6k | ▲ 5.9% |
| Taxes, remuneration and social security45 | €51k | €70k | €90k | €43k | €121k | ▲ 182% |
| Taxes450/3 | €51k | €70k | €88k | €40k | €118k | ▲ 198% |
| Remuneration and social security454/9 | - | - | €2k | €3k | €3k | = |
| Other amounts payable47/48 | - | - | - | €100k | €100k | = |
| Accrued charges and deferred income492/3 | - | - | - | €2k | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €168k | €69k | €55k | €68k | €183k | ▲ 168% |
| + Depreciation and write-downs630 | €16k | €19k | €21k | €20k | €22k | ▲ 11.6% |
| Operating cash flow (approximation) | €183k | €88k | €75k | €88k | €205k | ▲ 132% |
| Investment in fixed assets (approximation) | - | €-11k | €-31k | €-8k | €-29k | ▼ 270% |
| Change in cash | - | €82k | €47k | €-169k | €24k | ▲ 114% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
05-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 127 days late
05-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 492 days late
2024
31-12
Financial
Highest result since 2020net €183k ▲168%
Operating result €275k, net result €183k, both a record.
04-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 339 days late
2022
31-12
Financial
Weakest financial yearnet €55k ▼20.6%
Net result drops to €55k, the lowest in the series; recovery starts the following year.
15-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 137 days late
30-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 303 days late
2021
31-12
Financial
Equity above €200kEq €239k ▲40.6%
2 profitable years in a row build equity to €239k.
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Sint-Agatha-Berchem · 1 establishment unit since 2020
Ground area
290 m²
Building footprint
293 m²
Volume, LiDAR
2,049 m³
Parcel 21342B0043/00F003, Brussels · tallest building 10.6 m, ±2 floors. Linked by address, not a title deed.
295
companies at this address
See who is registered here
1 establishment unit
Endomedical
since 20202.298.128.255
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21342B0043/00F003 | Brussels | 290 m² | 1 · 293 m² | 10.6 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
254900QTUFJDGWRJ1996
Identification & contact
Identification
Legal formPrivate limited company
Founded10-01-2020
Fiscal year end31-12
Scores and ratios are computed by Checked and are not a credit decision.