Losses
-€23.1m in eleven years
Every financial year from 2014 to 2024 closed with a loss. 2023 was the heaviest.
MediaNation
Lifetime
19 annual accounts with figures on one time axis, 26 filings since 1999peak €450,027 (2018)
-not published
lowest -€8.3m (2023)
-€811,030▲ €7.5m
peak €1.5m (2024)
€1.5m▲ €21.3m
€582,092▼ 97.5%
peak 24.5 FTE (2020)
2.5 FTE▼ 37.5%
Board12 names since 2017
3 directorsPaul Gheysens and 2 others
Owners
Documentsfilings and deeds
11-07-202520 days before the deadline
2024financial year
Loss of €811,030Staff from 4 FTE to 2.5 FTEResignation: KAIZEN BV (managing director) 14-082 directors appointed, 2 resignations 05-07Appointment: ROECKENS (company auditor) 19-06Equity from -€19.8m to €1.5m
Key points
from the 2024 annual accountsStaff
2.5 FTE from 24.5 in 2020
Between 2020 and 2024, 90% of the full-time equivalents disappeared.
Liquidity
0.76 was 0.22 in 2023
Short-term debts fell from €1.3m to €305,079.
Filings
26 annual accounts 103 days past the deadline
2025 accounts not filed: deadline was 31-07-2026.
At the same address
180 companies
Position in the sector
-€811,030
Lower net result than 92% of companies in financial services. Sector median €106,060 · 2,779 companies.
Financial institution: outside the modelBankruptcy probability: sector outside the modelNet result +90%: other schema
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score measures liquidity, leverage and margins against the norms for trading and manufacturing companies. A bank, insurer or financial holding has a very different balance sheet. Those ratios and the score mean nothing here. So there is no financial strength either.
Filing: One annual filing is missing
Bankruptcy probability within 12 months
The company is a financial institution: a bank, insurer or financial holding. Its balance sheet works differently from that of a trading or manufacturing company. A bankruptcy probability from the general model would mislead here.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Two signals.
raises riskneutral
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 103 days later.
NBB · 10 filingsPosition against the passed deadline
31-12-2025 year end31-07-2026 deadline11-11-2026 today
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 filed
2024
20 days early
2023
15 days early
2022
21 days early
2021
24 days early
2020
22 days early
2019
77 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 6 accounts on average 4 days before the deadline. In the sector (NACE 64), the median for financial year 2024 was 14 days before the deadline, and 28% of those companies filed late.
Searched, nothing found (1)
Board and ownership
- INTERNATIONAL REAL ESTATE SERVICES 100%equity -€157.2m (2024) · annual accounts 2024
Shares in 1 company, STRAK Services
Board & ownershipRecent changes
Permanent representatives: Melissa Carton and Christophe Van Parys
Board meeting of 23-12-2025 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0464231310
Appointment: KPMG Bedrijfsrevisoren BV/SRL (statutory auditor)
General meeting of 21-11-2024 · Gazette deed
3 directors reappointed
Philippe Pannier, Christiaan Heggerick and Paul Gheysens · General meeting of 12-06-2025 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MediaNation Ghent | €1.1m | -24.5% | 72.4% | 2.5 |
| DIALCO Meise | €1.3m | 20.6% | 84.1% | 1.7 |
| TVM Letselschaderegeling België Antwerp | €0.9m | 40.1% | 95.4% | 4 |
| BRUXELLES INFRASTRUCTURE FINANCE - BRUSSEL INFRASTUCTUUR FINANCIERING Brussels | €0.7m | 6.1% | 69.1% | 2 |
| IUSINVEST Maasmechelen | €0.5m | 34.5% | 72.6% | 2.3 |
| DANTRONIC Kalmthout | €1.6m | 81.9% | 95.5% | 2.3 |
| ISS TECHNICAL SERVICES Brussels | €0.9m | -0.7% | 31.9% | 3.8 |
Grey: the largest companies of the sector (financial services (NACE 64)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as MediaNation: activities of holding companies (NACE 64210). They are comparable in size and age: total assets between €1.3m and €4.2m, founded between 1990 and 2005.
Official details
Source: KBO- Status
- Active since 06-10-1998Normal situation
- Registered office
- 182 active companies are registered at this address14 started in the 12 months before. Source: KBO register, as of 11 November 2026.
- Activity
- Activities of holding companiesNACE 64210and 6 others
- Joint committee
- 200Auxiliary committee for white-collar workers · annual accounts 2024
- Establishment unit
- 2.230.676.7329000 Ghent, since 01-12-2013
- Financial year end
- 31 December
- Peppol
- Reachable since 31-12-2025
Annual accounts 2024
- €2.1m▼ 34.2%
- Employeeson 31-12-2024
- 3▲ 50.0%
- Filing
- Filed on 11-07-2025
Insights on MediaNation
Solvency rose in 2024 from -618.8% to 72.4% because of a capital increase and lower debts.
INTERNATIONAL REAL ESTATE SERVICES holds all the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about MediaNation
- What is the company number of MediaNation?
- The company number of MediaNation is 0464.231.310. The VAT number is the same number with BE in front: BE 0464.231.310.
- Where is MediaNation based?
- The registered office is at Ottergemsesteenweg-Zuid 808, 9000 Ghent.Company details
- What does MediaNation do?
- According to the KBO register, the main activity is activities of holding companies (NACE 64210).
- What is the legal form of MediaNation?
- MediaNation is a public limited company (NV).
- When was MediaNation founded?
- MediaNation was founded on 06-10-1998.
- Is MediaNation still active?
- Yes, MediaNation is an active enterprise in the KBO register.
- How many employees does MediaNation have?
- MediaNation had an average of 2.5 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
- Which joint committee does MediaNation fall under?
- In its 2024 annual accounts, MediaNation states joint committee 200 (Auxiliary committee for white-collar workers).
- What is the turnover of MediaNation?
- The turnover of MediaNation was €1.1m in financial year 2024, according to the filed annual accounts.
- Is MediaNation profitable?
- In financial year 2024, MediaNation made a loss of €811,030.
- Where can I find the annual accounts of MediaNation?
- MediaNation filed 26 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check See the other companies in the same group.INTERNATIONAL REAL ESTATE SERVICES · 30 companies See what changed in the latest annual accounts.What changed
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