EXGEMED
ActiveSummary
EXGEMED has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €73k and a net result of €27k. Equity is shrinking by ~7.4% per year across the filed fiscal years. Its solvency ranks better than 24% of 19913 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability85▲+35
Solvency60▲+8
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 6.42 against 3.41 in 2023; short-term debt: 13.3% and cash: 1.2% of total assets), but 65% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 86
Relative position
BE, all sectors
reference
Human health activities (NACE 86)
about 87% fewer bankruptcies
← 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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
35%
Return on assets
13%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 19913 sector peers (2024).
NBB · sector comparisonPosition among 19913 sector peers
Solvency
better than 24%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 12-08-2025, 12 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
12 d late
2023
54 d late
2022
17 d late
2021
33 d early
2020
26 d early
2019
91 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€73k▲ 59.3%
2023 · €46k
2018: €206k
2019: €217k▲ +5.4% vs 2018
2020: €201k▼ -7.4% vs 2019
2021: €220k▲ +9.2% vs 2020
2022: €246k▲ +11.8% vs 2021highest in 7 years
2023: €46k▼ -81.2% vs 2022lowest in 7 years
2024: €73k▲ +59.3% vs 2023
2018 → 2024
Total assets
€210k▲ 24.4%
2023 · €169k
2018: €334k
2019: €418k▲ +25.1% vs 2018highest in 7 years
2020: €382k▼ -8.5% vs 2019
2021: €372k▼ -2.7% vs 2020
2022: €383k▲ +3.1% vs 2021
2023: €169k▼ -56.0% vs 2022lowest in 7 years
2024: €210k▲ +24.4% vs 2023
2018 → 2024
Net result
€27k
2023 · €-200k
2018: €119
2019: €11k▲ +9176% vs 2018
2020: €-16k▼ -246% vs 2019
2021: €18k▲ +215% vs 2020
2022: €26k▲ +40.7% vs 2021
2023: €-200k▼ -868% vs 2022lowest in 7 years
2024: €27k▲ +114% vs 2023highest in 7 years
2018 → 2024
Working capital
€151k▲ 52.8%
2023 · €99k
2018: €8klowest in 7 years
2019: €43k▲ +471% vs 2018
2020: €49k▲ +13.5% vs 2019
2021: €64k▲ +31.0% vs 2020
2022: €310k▲ +386% vs 2021highest in 7 years
2023: €99k▼ -68.1% vs 2022
2024: €151k▲ +52.8% vs 2023
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€201k-€220k▲ 9.2%€246k▲ 11.8%€46k▼ 81.2%€73k▲ 59.3%
2020: €201k
2021: €220k▲ +9.2% vs 2020
2022: €246k▲ +11.8% vs 2021highest in 5 years
2023: €46k▼ -81.2% vs 2022lowest in 5 years
2024: €73k▲ +59.3% vs 2023
Operating result€-16k-€21k€38k▲ 78.8%€30k▼ 22.5%€43k▲ 44.3%
2020: €-16klowest in 5 years
2021: €21k▲ +237% vs 2020
2022: €38k▲ +78.8% vs 2021
2023: €30k▼ -22.5% vs 2022
2024: €43k▲ +44.3% vs 2023highest in 5 years
Net result€-16k-€18k€26k▲ 40.7%€-200k€27k
2020: €-16k
2021: €18k▲ +215% vs 2020
2022: €26k▲ +40.7% vs 2021
2023: €-200k▼ -868% vs 2022lowest in 5 years
2024: €27k▲ +114% 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
The operating result recovers in 2024; 2024 is 44% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €210k
Fixed assets
€31k ▲ 7.4%
Current assets
€179k ▲ 27.9%
Equity and liabilities €210k
Equity
€73k ▲ 59.3%
Provisions
€81k =
Debt
€55k ▲ 33.5%
Debt's share of the balance-sheet total rises from 24.4% to 26.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€50k▲
2023 · €35k
Cash flow
€34k▲
2023 · €-195k
Current ratio
6.42▲
2023 · 3.41
Debt to equity
0.75▼
2023 · 0.89
ROE
37.2%▲
2023 · -433.2%
ROA
13.0%▲
2023 · -118.5%
Interest coverage
206.84▲
2023 · 108.32
Debt ≤ 1 year
€28k▼
2023 · €41k
Income taxes
€16k▲
2023 · €9k
Staff costs
€45k▼
2023 · €53k
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 · 47 lines
Balance sheet
Code20232024
Assets
Total assets20/58€169k€210k▲
Fixed assets21/28€29k€31k▲
Tangible fixed assets22/27€29k€31k▲
Plant, machinery and equipment23€1k€5k▲
Other tangible fixed assets26€27k€26k▼
Current assets29/58€140k€179k▲
Amounts receivable within one year40/41€122k€173k▲
Trade receivables40€17k€20k▲
Other amounts receivable41€105k€152k▲
Cash at bank and in hand54/58€12k€3k▼
Deferred charges and accrued income490/1€6k€4k▼
Equity and liabilities
Total equity and liabilities10/49€169k€210k▲
Equity10/15€46k€73k▲
Contributions10/11€12k€12k=
Reserves13€4k€31k▲
Distributable reserves133€4k€31k▲
Profit (loss) carried forward14€30k€30k▲
Provisions and deferred taxes16€81k€81k=
Provisions for liabilities and charges160/5€81k€81k=
Environmental obligations163€81k€81k=
Amounts payable17/49€41k€55k▲
Amounts payable within one year42/48€41k€28k▼
Trade debts44€8k€75▼
Suppliers440/4€8k€75▼
Taxes, remuneration and social security45€25k€28k▲
Taxes450/3€21k€23k▲
Remuneration and social security454/9€4k€5k▲
Other amounts payable47/48€8k-
Accrued charges and deferred income492/3-€27k
Income statement
Code20232024
Remuneration, social security and pensions62€53k€45k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€7k▲
Other operating charges640/8€6k€5k▼
Gross operating margin9900€94k€100k▲
Operating profit (loss)9901€30k€43k▲
Financial income75/76B€107€583▲
Recurring financial income75€107€583▲
Financial charges65/66B€220k€241▼
Recurring financial charges65€319€241▼
Non-recurring financial charges66B€220k-
Profit (loss) for the period before taxes9903€-191k€43k▲
Income taxes67/77€9k€16k▲
Profit (loss) for the period9904€-200k€27k▲
Profit (loss) for the period to be appropriated9905€-200k€27k▲
Appropriation of the result
Profit (loss) to be appropriated9906€30k€57k▲
Profit (loss) brought forward from the previous period14P€230k€30k▼
Transfer to equity691/2-€27k
To other reserves6921-€27k
The notes to these accounts (7 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 |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €35k | €36k | €53k | €45k | ▼ 14.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €18k | €9k | €6k | €5k | €7k | ▲ 45.0% |
| Other operating charges640/8 | - | €3k | €6k | €6k | €5k | ▼ 26.8% |
| Non-recurring operating charges66A | - | €6k | - | - | - | - |
| Gross operating margin9900 | €70k | €74k | €87k | €94k | €100k | ▲ 6.2% |
| Operating profit (loss)9901 | €-16k | €21k | €38k | €30k | €43k | ▲ 44.3% |
| Financial income75/76B | - | €0 | - | €107 | €583 | ▲ 446% |
| Recurring financial income75 | - | €0 | - | €107 | €583 | ▲ 446% |
| Financial charges65/66B | - | €374 | €389 | €220k | €241 | ▼ 99.9% |
| Recurring financial charges65 | €287 | €374 | €389 | €319 | €241 | ▼ 24.4% |
| Non-recurring financial charges66B | - | - | - | €220k | - | - |
| Profit (loss) for the period before taxes9903 | €-16k | €21k | €38k | €-191k | €43k | ▲ 123% |
| Income taxes67/77 | €116 | €3k | €12k | €9k | €16k | ▲ 73.0% |
| Profit (loss) for the period9904 | €-16k | €18k | €26k | €-200k | €27k | ▲ 114% |
| Profit (loss) for the period to be appropriated9905 | €-16k | €18k | €26k | €-200k | €27k | ▲ 114% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €382k | €372k | €383k | €169k | €210k | ▲ 24.4% |
| Fixed assets21/28 | €247k | €245k | €17k | €29k | €31k | ▲ 7.4% |
| Tangible fixed assets22/27 | €17k | €15k | €17k | €29k | €31k | ▲ 7.4% |
| Plant, machinery and equipment23 | - | €5k | €3k | €1k | €5k | ▲ 289% |
| Other tangible fixed assets26 | - | €10k | €14k | €27k | €26k | ▼ 6.3% |
| Financial fixed assets28 | €230k | €230k | - | - | - | - |
| Current assets29/58 | €135k | €127k | €366k | €140k | €179k | ▲ 27.9% |
| Amounts receivable within one year40/41 | €120k | €117k | €125k | €122k | €173k | ▲ 41.2% |
| Trade receivables40 | - | €11k | €21k | €17k | €20k | ▲ 15.3% |
| Other amounts receivable41 | - | €105k | €105k | €105k | €152k | ▲ 45.5% |
| Cash at bank and in hand54/58 | €13k | €8k | €7k | €12k | €3k | ▼ 78.8% |
| Deferred charges and accrued income490/1 | - | €3k | €233k | €6k | €4k | ▼ 35.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €382k | €372k | €383k | €169k | €210k | ▲ 24.4% |
| Equity10/15 | €201k | €220k | €246k | €46k | €73k | ▲ 59.3% |
| Contributions10/11 | €12k | €12k | €12k | €12k | €12k | = |
| Capital10 | - | €12k | - | - | - | - |
| Issued capital100 | - | €37k | - | - | - | - |
| Uncalled capital101 | - | €25k | - | - | - | - |
| Reserves13 | €4k | €4k | €4k | €4k | €31k | ▲ 726% |
| Non-distributable reserves130/1 | - | €4k | - | - | - | - |
| Legal reserve130 | - | €4k | - | - | - | - |
| Distributable reserves133 | - | - | €4k | €4k | €31k | ▲ 726% |
| Profit (loss) carried forward14 | €185k | €204k | €230k | €30k | €30k | ▲ 1.2% |
| Provisions and deferred taxes16 | €81k | €81k | €81k | €81k | €81k | = |
| Provisions for liabilities and charges160/5 | - | €81k | €81k | €81k | €81k | = |
| Environmental obligations163 | - | €81k | €81k | €81k | €81k | = |
| Amounts payable17/49 | €100k | €71k | €56k | €41k | €55k | ▲ 33.5% |
| Amounts payable within one year42/48 | €87k | €63k | €56k | €41k | €28k | ▼ 32.2% |
| Trade debts44 | €4k | €2k | €3k | €8k | €75 | ▼ 99.1% |
| Suppliers440/4 | - | €2k | €3k | €8k | €75 | ▼ 99.1% |
| Taxes, remuneration and social security45 | - | €9k | €28k | €25k | €28k | ▲ 10.6% |
| Taxes450/3 | - | €5k | €24k | €21k | €23k | ▲ 8.7% |
| Remuneration and social security454/9 | - | €4k | €4k | €4k | €5k | ▲ 21.3% |
| Other amounts payable47/48 | - | €53k | €26k | €8k | - | - |
| Accrued charges and deferred income492/3 | - | €8k | - | - | €27k | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-16k | €18k | €26k | €-200k | €27k | ▲ 114% |
| + Depreciation and write-downs630 | €18k | €9k | €6k | €5k | €7k | ▲ 45.0% |
| Operating cash flow (approximation) | €2k | €27k | €32k | €-195k | €34k | ▲ 118% |
| Investment in fixed assets (approximation) | - | €-7k | €221k | €-16k | €-9k | ▲ 42.9% |
| Change in cash | - | €-5k | €-393 | €4k | €-9k | ▼ 315% |
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
12-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 12 days late
2024
31-12
Financial
Back to profitnet €27k
Net result €27k after one loss-making year.
23-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 54 days late
2023
31-12
Financial
Weakest financial yearnet €-200k
Net result drops to €-200k, the lowest in the series; recovery starts the following year.
17-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 17 days late
2022
31-12
Financial
Liquidity triplescurrent ratio 6.51
Current ratio from 2.01 to 6.51; short-term debt falls from €63k to €56k.
28-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €18k
Net result €18k after one loss-making year.
05-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
2019
17-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 48 days late
2018
20-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 51 days late
2017
21-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 52 days late
2016
27-09
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 58 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
3 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, La Louvière · 1 establishment unit since 1990
Ground area
4,110 m²
Building footprint
409 m²
Parcel 55573B0002/00P002, Wallonia. Linked by address, not a title deed.
1 establishment unit
EXGEMED
since 19902.236.790.207
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 55573B0002/00P002 | Wallonia | 4,110 m² | 1 · 409 m² | - |
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.
Similar companies · same sector, comparable size
ORTHOSURGE
BE 0463.273.582
Sint-Lambrechts-Woluwe · Eq €73,330
MV Healthcare
BE 1006.742.016
Schaarbeek · Eq €73,572
Oogtepunt
BE 1014.462.622
Leuven · Eq €73,602
RADIOLOGISCH CENTRUM
BE 0428.156.911
Asse · Eq €73,100
Dr.Peter HEINEN
BE 0823.054.502
Sankt Vith · Eq €73,816
Of 16,625 companies in sector 86220 we hold annual accounts for 7,979. 5,804 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded10-01-1990
Fiscal year end31-12
Activities, NACEBEL 2025
86220Specialist medical practice
Scores and ratios are computed by Checked and are not a credit decision.