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MD MEDICAL

Active
Public limited companyfounded 1993active for 33 yearsRue Fernand Stimart(VD) 20, 5020 Namur, BelgiumKBO/BCE: BE 0450.349.422
Summary

MD MEDICAL has been active since 1993 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €818,339 and a net result of €228,183. Equity has been growing by about 8.4% per year since 2018. Its solvency ranks better than 61% of 6,172 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 24-06-1993 Normal situation
Activity
Agents specialised in the wholesale of other particular products NACE 46180and 2 others
Joint committee
200 Aanvullend Paritair Comité voor de bedienden · annual accounts 2023
Establishment unit
2.062.743.008 5020 Namur, since 05-07-1993
Financial year end
31 December
Peppol
Reachable

Board and ownership

Board

Financial position

96 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2025
Gross margin
€910,210
▲ 7.7%
Turnover
≈ €4.6m
estimated
Profit
€228,183
▲ 17.5%
Equity
€818,339
▲ 7.3%
Total assets
€1.5m
▼ 2.4%
Employees on 31-12-2025
9
=
Score breakdownlowers riskFounded in 1993Equity €818,339 (55.3% of total assets)Liquidity: current ratio 1.61, cash €234,244Profit of €228,183 (financial year 2025)Show the evidence

Checked score

Score 2025
96 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 66% of micro companies in wholesale trade (NACE 46)
Financial strength · tick: 2024
Strong
Solvency 80+5
equity 55.3% of total assets
Liquidity 56-2
short-term debt 32.7% · cash 15.8%
Profitability 88+3
return on assets 15.4%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,899 companies, NACE 46, micro)
Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025lowest value 01-2026: < 0.1%● unchanged vs 12-2025lowest value 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: 0.1%▲ +0.1 percentage points vs 07-2026highest value 09-2026: 0.1%● unchanged vs 08-2026highest value 10-2026: 0.1%● unchanged vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026
Credit of up to €75,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.61 (2.1 in 2024), above the usual 1.5. Short-term debt is 32.7% and cash 15.8% of total assets. 44.7% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, micro). It does better than 62% of them on solvency, 61% on liquidity, 83% on profitability and 60% on growth.

The bankruptcy probability was computed on 02-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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Signals

Five signals.
lowers riskneutral
lowers risk · Founded in 1993
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Equity €818,339 (55.3% of total assets)
NBB · annual accounts
lowers risk · Liquidity: current ratio 1.61, cash €234,244
NBB · annual accounts
lowers risk · Profit of €228,183 (financial year 2025)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-07-2026, 14 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
14 days early
2024
29 days early
2023
30 days late
2022
24 days late
2021
19 days late
2020
27 days late
2019
28 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 4 days after the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 19 August (4 of the last 5 accounts filed within 33 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: 8 profitable years in a rowprofit 2025: €228,183 8 years View

Recent changes

  1. · Gazette deed Purpose · Amendment of the articles · Resignations & appointmentsReappointments: BLAIMONT Laurent (director) and VAN EYCK Marie-Hélène (director) · Changes of role: BLAIMONT Laurent (managing director and daily management delegate) and VAN EYCK Marie-Hélène (managing director and daily management delegate)
  2. · Gazette deed Incorporation
All 15 events

Comparable companies

These companies have the same main activity as MD MEDICAL: agents specialised in the wholesale of other particular products (NACE 46180). They are comparable in size and age: total assets between €1m and €2.5m, founded between 1979 and 2003.

CompanyTotal assetsGross margin
MD MEDICAL Namur€1.5m€0.9m
TARCEL Entreprises Aywaille€1.2m€0.8m
BELDIMED Dison€2.2m€0.8m
Carrosserie Juma Leuven Herent€2.5m€0.9m
BRUMATEX Kapellen€1.0m€1.0m
SIGOS Gent€1.4m€0.9m
GRETSCH - UNITAS BELGIUM Brasschaat€1.2m€0.9m
Full comparison

Key facts about MD MEDICAL

What is the company number of MD MEDICAL?
The company number of MD MEDICAL is 0450.349.422. The VAT number is the same number with BE in front: BE 0450.349.422.
Where is MD MEDICAL based?
The registered office is at Rue Fernand Stimart(VD) 20, 5020 Namur.Company details
What does MD MEDICAL do?
According to the KBO register, the main activity is agents specialised in the wholesale of other particular products (NACE 46180).
What is the legal form of MD MEDICAL?
The legal form of MD MEDICAL is Public limited company (NV).
When was MD MEDICAL founded?
MD MEDICAL was founded on 24-06-1993.
Is MD MEDICAL still active?
Yes, MD MEDICAL is an active enterprise in the KBO register.
How many employees does MD MEDICAL have?
MD MEDICAL had an average of 7.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does MD MEDICAL fall under?
In its 2023 annual accounts, MD MEDICAL states joint committee 200 (Aanvullend Paritair Comité voor de bedienden).
What is the turnover of MD MEDICAL?
The turnover in financial year 2025 is ≈ €4.6m. This figure is estimated from the gross margin of €910,210 and 138 comparable companies (NACE 46). It probably lies between €2.9m and €7.8m.
Is MD MEDICAL profitable?
In financial year 2025, MD MEDICAL made a profit of €228,183.
Where can I find the annual accounts of MD MEDICAL?
MD MEDICAL filed 32 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of MD MEDICAL due?
MD MEDICAL must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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