M.E.D.D.A.
ActiveSummary
M.E.D.D.A. has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€270,244) and a net result of -€395. Equity is shrinking by ~17.7% per year across the filed fiscal years. Its solvency ranks better than 5% of 644 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability68▲+63
Solvency0=
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.02 against 0.01 in 2024; short-term debt: 229.2% and cash: 3.4% of total assets), and equity is negative.
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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 →
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 2025Solvency, return and age of the figures
Solvency
-220.6%
Return on assets
-0.3%
Age of the figures
9 mo
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 · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€270,244
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 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
27 d late
2024
32 d late
2023
23 d late
2022
30 d late
2021
45 d late
2020
20 d late
2019
28 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 29 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 30 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, full schema
In the rankings
#3 oldest company in Lessines, Health and social work sector
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€395▲ 96.9%
2024 · -€12,589
Working capital
-€275,162▼ 1.2%
2024 · -€271,857
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 86, Human health activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€24,903▲ 30.5%-€45,431▼ 82.4%-€41,139▲ 9.4%-€12,286▲ 70.1%-€4▲ 100.0%
Net result-€25,466below the sector's middle half▲ 29.7%-€45,599below the sector's middle half▼ 79.1%-€40,990below the sector's middle half▲ 10.1%-€12,589below the sector's middle half▲ 69.3%-€395below the sector's middle half▲ 96.9%
Equity-€170,671below the sector's middle half▼ 17.5%-€216,270below the sector's middle half▼ 26.7%-€257,260below the sector's middle half▼ 19.0%-€269,849below the sector's middle half▼ 4.9%-€270,244below the sector's middle half▼ 0.1%
Total assets€143,378below the sector's middle half▼ 4.8%€131,852below the sector's middle half▼ 8.0%€115,898below the sector's middle half▼ 12.1%€115,515below the sector's middle half▼ 0.3%€122,521below the sector's middle half▲ 6.1%
Debt€202,056▼ 31.7%€236,129▲ 16.9%€373,158▲ 58.0%€273,371▼ 26.7%€392,765▲ 43.7%
Working capital-€194,617below the sector's middle half▲ 33.5%-€229,391below the sector's middle half▼ 17.9%-€259,798below the sector's middle half▼ 13.3%-€271,857below the sector's middle half▼ 4.6%-€275,162below the sector's middle half▼ 1.2%
Solvency-119.0%below the sector's middle half▼ 22.6pp-164.0%below the sector's middle half▼ 45.0pp-222.0%below the sector's middle half▼ 57.9pp-233.6%below the sector's middle half▼ 11.6pp-220.6%below the sector's middle half▲ 13.0pp
Current ratio0.04below the sector's middle half▲ 0.030.03below the sector's middle half▼ 0.010.01below the sector's middle half▼ 0.020.01below the sector's middle half=0.02below the sector's middle half▲ 0.01
Return on assets (ROA)-17.8%below the sector's middle half▲ 6.3pp-34.6%below the sector's middle half▼ 16.8pp-35.4%below the sector's middle half▼ 0.8pp-10.9%below the sector's middle half▲ 24.5pp-0.3%below the sector's middle half▲ 10.6pp
above
within
below
the middle half (P25 to P75) of NACE 86, Human health activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €4 in 2025 against €12,286 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €122,521
Fixed assets
€116,911 ▲ 2.6%
Current assets
€5,610 ▲ 271%
Key figures and ratios
EBITDA
€5,991▲
2024 · -€11,757
Cash flow
€5,599▲
2024 · -€12,060
Debt to equity
-1.45▼
2024 · -1.01
Interest coverage
38.11▲
2024 · -155.61
Debt ≤ 1 year
€280,772▲
2024 · €273,371
Income taxes
€237▼
2024 · €242
Staff costs
€198▼
2024 · €323
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,799 companies that looked in July 2024 the way this one looks now, 1.9% went bankrupt within 24 months and 90% are still going.
- Micro
- 20 years or older
- negative equity
- a small loss
1.9%
went bankrupt
5.9%
stopped otherwise
90%
still going
A further 2.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 2,799 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €239 | €175 | €577 | €323 | €198 | ▼ 38.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11,306 | €10,824 | €10,583 | €530 | €5,994 | ▲ 1,032% |
| Other operating charges640/8 | €2,333 | €2,615 | €1,016 | €4,745 | €763 | ▼ 83.9% |
| Gross operating margin9900 | -€11,025 | -€31,816 | -€28,962 | -€6,688 | €6,952 | ▲ 204% |
| Operating profit (loss)9901 | -€24,903 | -€45,431 | -€41,139 | -€12,286 | -€4 | ▲ 100.0% |
| Financial income75/76B | €0 | €0 | - | €14 | €2 | ▼ 83.2% |
| Recurring financial income75 | €0 | €0 | - | €14 | €2 | ▼ 83.2% |
| Financial charges65/66B | €129 | €168 | €87 | €76 | €157 | ▲ 108% |
| Recurring financial charges65 | €129 | €168 | €87 | €76 | €157 | ▲ 108% |
| Profit (loss) for the period before taxes9903 | -€25,031 | -€45,599 | -€41,226 | -€12,348 | -€159 | ▲ 98.7% |
| Income taxes67/77 | €434 | - | -€237 | €242 | €237 | ▼ 2.1% |
| Profit (loss) for the period9904 | -€25,466 | -€45,599 | -€40,990 | -€12,589 | -€395 | ▲ 96.9% |
| Profit (loss) for the period to be appropriated9905 | -€25,466 | -€45,599 | -€40,990 | -€12,589 | -€395 | ▲ 96.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €143,378 | €131,852 | €115,898 | €115,515 | €122,521 | ▲ 6.1% |
| Fixed assets21/28 | €135,939 | €125,114 | €114,531 | €114,001 | €116,911 | ▲ 2.6% |
| Tangible fixed assets22/27 | €135,939 | €125,114 | €114,531 | €114,001 | €116,911 | ▲ 2.6% |
| Land and buildings22 | €46,852 | €41,035 | €35,217 | €34,733 | €28,915 | ▼ 16.7% |
| Plant, machinery and equipment23 | €89,087 | €84,080 | €79,313 | €79,269 | €87,995 | ▲ 11.0% |
| Current assets29/58 | €7,439 | €6,737 | €1,367 | €1,513 | €5,610 | ▲ 271% |
| Amounts receivable within one year40/41 | - | - | - | €237 | €1,499 | ▲ 534% |
| Other amounts receivable41 | - | - | - | €237 | €1,499 | ▲ 534% |
| Cash at bank and in hand54/58 | €7,439 | €6,737 | €1,367 | €1,277 | €4,111 | ▲ 222% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €143,378 | €131,852 | €115,898 | €115,515 | €122,521 | ▲ 6.1% |
| Equity10/15 | -€170,671 | -€216,270 | -€257,260 | -€269,849 | -€270,244 | ▼ 0.1% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Outside capital11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Other1109/19 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €2,620 | €2,620 | €2,620 | €2,620 | €2,620 | = |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Tax-exempt reserves132 | €760 | €760 | €760 | €760 | €760 | = |
| Profit (loss) carried forward14 | -€191,892 | -€237,490 | -€278,480 | -€291,069 | -€291,465 | ▼ 0.1% |
| Provisions and deferred taxes16 | €111,993 | €111,993 | - | €111,993 | - | - |
| Provisions for liabilities and charges160/5 | €111,993 | €111,993 | - | €111,993 | - | - |
| Pensions and similar obligations160 | €111,993 | €111,993 | - | - | - | - |
| Other liabilities and charges164/5 | - | - | - | €111,993 | - | - |
| Amounts payable17/49 | €202,056 | €236,129 | €373,158 | €273,371 | €392,765 | ▲ 43.7% |
| Amounts payable within one year42/48 | €202,056 | €236,129 | €261,165 | €273,371 | €280,772 | ▲ 2.7% |
| Current portion of amounts payable after more than one year42 | €317 | €317 | - | - | - | - |
| Trade debts44 | €1,888 | €2,278 | €2,977 | €1,800 | - | - |
| Suppliers440/4 | €1,888 | €2,278 | €2,977 | €1,800 | - | - |
| Taxes, remuneration and social security45 | €473 | €473 | - | €242 | €1,979 | ▲ 719% |
| Taxes450/3 | €473 | €473 | - | €242 | €1,979 | ▲ 719% |
| Other amounts payable47/48 | €199,378 | €233,060 | €258,188 | €271,329 | €278,793 | ▲ 2.8% |
| Accrued charges and deferred income492/3 | - | - | €111,993 | - | €111,993 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€25,466 | -€45,599 | -€40,990 | -€12,589 | -€395 | ▲ 96.9% |
| + Depreciation and write-downs630 | €11,306 | €10,824 | €10,583 | €530 | €5,994 | ▲ 1,032% |
| Operating cash flow (approximation) | -€14,159 | -€34,774 | -€30,406 | -€12,060 | €5,599 | ▲ 146% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | -€8,904 | - |
| Change in cash | - | -€702 | -€5,370 | -€90 | €2,834 | ▲ 3,243% |
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
Next filing, fiscal year 2026, expected by
2026
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 27 days late
2025
01-09
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 32 days late
2024
23-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 23 days late
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 30 days late
2022
14-09
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 45 days late
2021
20-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 20 days late
2020
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 28 days late
2019
31-12
Financial
Weakest financial yearnet -€55,687
Net result drops to -€55,687, the lowest in the series; recovery starts the following year.
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 29 days late
2018
24-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 24 days late
2017
25-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 25 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Lessines · 1 establishment unit since 1998
Ground area
7,476 m²
Building footprint
196 m²
Volume, LiDAR
1,603 m³
Parcel 55012C0623/00K000, Wallonia · tallest building 10.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Pont d'Ancre(GH) 36, 7863 Lessines
since 19982.370.505.202
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 55012C0623/00K000indicative | Wallonia | 7,476 m² | 1 · 196 m² | 10.9 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
0 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 9,128 companies in sector 86210 we hold annual accounts for 6,335. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded19-05-1998
Fiscal year end31-12
Activities, NACEBEL 2025
86210General medical practice
E-invoicing
Reachable via Peppol
Peppol ID
0208:0463398296
Also
9925:BE0463398296
Registered
20-11-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.