Financials
- Financial year
- 2023
- Total assets
- €267,430
- Profit
- €2,704
- Solvency
- -6.6%
LA MEDINA
ActiveSummary
The computed 12-month bankruptcy probability of LA MEDINA is at least 25% (high). For LA MEDINA, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show negative equity (-€17,783) and a net result of €2,704. Equity is shrinking by about 38% per year across the filed financial years. Its solvency ranks better than 26% of 17,982 sector peers (NACE 56, financial year 2023). The company has been active since 2002 and the Belgian Official Gazette contains no insolvency signals. The CBE does carry 2 administrative register entries (see administrative flags).
Overview
Activity
Limited-service restaurants, excluding mobile food services
NACE 56112Artisanal bread and fresh pastry making NACE 10712
1 site
Size
€267,430total assets 2023
- Equity
- -€17,783
- Profit
- €2,704
Turnover not published (micro format)
Financial health
- Bankruptcy probabilitywithin 12 months
- ≥ 25%
2023 figures too old to score
Structure
Accounts 436 days overdue1 of 7 deeds read
Signalsraises risk2 financial years not filed after the legal deadline; latest accounts 97 days late; 3 of the last 3 lateFigures for financial year 2023 (filed 15-11-2024)2 ex-officio strike-offs in the KBO1 change of registered office in 24 monthsTwo or more financial years not filedFiled more than 90 days lateAdministrative warnings in the KBO publicationsShow the evidence
Bankruptcy probability
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Bankruptcy probability: High
Filing: At least two filing cycles are missing
Financial strength, FY 2023 · tick = 2022
Weak
Solvency
18+1
equity -6.6% of total assets
Liquidity
11-8
short-term debt 72.4% · cash 0.1%
Profitability
40+4
return on assets 1.0%
Bankruptcy probability, 12 months
≥ 25%
High
0%0.5%1.5%4%10%≥ 25%
About 1 in 4 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 7.6%lowest value
12-2024: 8.3%▲ +0.7 percentage points vs 11-2024
01-2025: 8.3%● unchanged vs 12-2024
02-2025: 9.4%▲ +1.1 percentage points vs 01-2025
03-2025: 9.4%● unchanged vs 02-2025
04-2025: 9.2%▼ -0.2 percentage points vs 03-2025
05-2025: 9.1%▼ -0.1 percentage points vs 04-2025
06-2025: 8.8%▼ -0.3 percentage points vs 05-2025
07-2025: 8.8%● unchanged vs 06-2025
08-2025: 9.9%▲ +1.1 percentage points vs 07-2025
09-2025: 10.8%▲ +0.9 percentage points vs 08-2025
10-2025: 10.7%▼ -0.1 percentage points vs 09-2025
11-2025: 10.9%▲ +0.2 percentage points vs 10-2025
12-2025: 12.5%▲ +1.6 percentage points vs 11-2025
01-2026: 18.3%▲ +5.8 percentage points vs 12-2025
02-2026: 18.3%● unchanged vs 01-2026
03-2026: ≥ 25%▲ +8.1 percentage points vs 02-2026highest value
04-2026: 24.8%▼ -1.6 percentage points vs 03-2026
05-2026: 24.8%● unchanged vs 04-2026
06-2026: 24.8%● unchanged vs 05-2026
07-2026: 22.5%▼ -2.3 percentage points vs 06-2026
08-2026: ≥ 25%▲ +3.7 percentage points vs 07-2026
09-2026: ≥ 25%● unchanged vs 08-2026
10-2026: ≥ 25%● unchanged vs 09-2026
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Signals
Seven signals.
+raises risk
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2024 year end31-07-2025 deadline10-10-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 05-11-2024, 97 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now in a legal situation other than normal in the KBO (such as bankruptcy, liquidation or dissolution), against 1.66% of all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
97 days late
2022
63 days late
2021
106 days late
2020
29 days late
2019
29 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 65 days after the deadline; the sector median (NACE 56) for financial year 2024 is 6 days after the deadline, and 53% of those companies filed late.
raises risk · Administrative warnings in the KBO publications
2 publications by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or their withdrawal.
KBO publicationsPublications
UBO non-complianceAddress struck
- Resignation: RAHALI Lotfi (director)Registered-office move
- Address struckKBO administration
- Annual accounts filedfinancial year 2023 · micro…
Key points
- Risk: Accounts not fileddeadline was 31-07-2025 436 days late View
- Risk: Negative equityfinancial year 2023: debts exceed assets -€17,783 View
- Caution: Among the weakest 19% on equitysector median €25,364 · 18,015 companies -€17,783 View
- A director leftlatest change 01-01-2026 · 0 in office 1 left View
By topic
Timeline
- Events
- 25
- Since
- 2003
- 14-06-2024UBO non-compliance
- 31-12-2023Back to profit
- 02-10-2023Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Limited-service restaurants, excluding mobile food servicesNACE 56112
- Founded
- 24-01-2002
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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