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ME-MEDI

Bankruptcy closed
Private limited company (pre-2019)founded 2017Lostraat 4, 9850 Deinze, BelgiumKBO/BCE: BE 0670.930.291

Inactive since 18-06-2026; last annual accounts for fiscal year 2021.

Summary

ME-MEDI was declared bankrupt on 26-03-2024 (Ondernemingsrechtbank Gent, afdeling Gent); the bankruptcy was closed by liquidation by judgment of 16-06-2026, published in the Belgian State Gazette on 19-06-2026.

Signals

1 signal.
+raises risk
raises risk · Bankruptcy closed
The Belgian State Gazette published the closure of the bankruptcy. The latest notice is dated 19-06-2026. The registration has since been removed from the register.
Belgian State Gazette
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

ME-MEDI was incorporated on 8 February 2017.1 Total assets rose from EUR 81,809 in 2018 to EUR 153,279 in 2021 and headcount from 1 full-time equivalents in 2018 to 2.3 in 2020.2 On 26 March 2024 the company was declared bankrupt; the bankruptcy was closed on 16 June 2026.34

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018, 2020 and 2021
  3. 3Belgian State Gazette, 02-04-2024
  4. 4Belgian State Gazette, 19-06-2026

Go further with this company

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2021, micro schema

Equity
€82,040▲ 90.2%
2020 · €43,142
Total assets
€153,279▲ 64.6%
2020 · €93,098
Net result
€38,898▲ 8,065%
2020 · €476
Working capital
€35,981▼ 9.5%
2020 · €39,751
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line2018201920202021
Operating result€8,027-€17,883▲ 123%€8,247▼ 53.9%€57,467▲ 597%
Net result€3,355-€10,261▲ 206%€476▼ 95.4%€38,898▲ 8,065%
Equity€32,405-€42,666▲ 31.7%€43,142▲ 1.1%€82,040▲ 90.2%
Total assets€81,809-€90,232▲ 10.3%€93,098▲ 3.2%€153,279▲ 64.6%
Debt€49,404-€47,566▼ 3.7%€49,956▲ 5.0%€71,239▲ 42.6%
Working capital€16,585-€30,766▲ 85.5%€39,751▲ 29.2%€35,981▼ 9.5%
Staff (FTE)1-0.7▼ 30.0%2.3▲ 229%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20,000€40,000€60,000Operating result 2018: €8,027€8,027Net result 2018: €3,355€3,355Operating result 2019: €17,883€17,883Net result 2019: €10,261€10,261Operating result 2020: €8,247€8,247Net result 2020: €476€476Operating result 2021: €57,467€57,467Net result 2021: €38,898€38,8982018201920202021€0€20,000€40,000€60,000Operating result 2019: €17,883€17,900Net result 2019: €10,261€10,300Operating result 2020: €8,247€8,250Net result 2020: €476€476Operating result 2021: €57,467€57,500Net result 2021: €38,898€38,900201920202021
The operating result recovers in 2021; 2021 is 597% above 2020 and is the highest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €153,279
Fixed assets €46,059 ▲ 493%
Current assets €107,220 ▲ 25.6%
Equity and liabilities €153,279
Equity €82,040 ▲ 90.2%
Debt €71,239 ▲ 42.6%
Debt's share of the balance-sheet total falls from 53.7% to 46.5%. Equity and debt are higher.
Key figures and ratios
2021 value · change against 2020
EBITDA
€61,170▲
2020 · €29,227
Cash flow
€42,600▲
2020 · €21,457
Current ratio
1.51▼
2020 · 1.87
Debt to equity
0.87▲
2020 · 0.10
ROE
47.4%▲
2020 · 1.1%
ROA
25.4%▲
2020 · 0.5%
Interest coverage
17.32
Debt ≤ 1 year
€71,239▲
2020 · €45,586
Income taxes
€24,604▲
2020 · €6,418
Staff costs
€22,371
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2021 against 2020 · 42 lines
Balance sheet Code20202021
Assets
Total assets20/58€93,098€153,279▲
Fixed assets21/28€7,761€46,059▲
Intangible fixed assets21€5,200€44,076▲
Tangible fixed assets22/27€2,561€1,983▼
Furniture and vehicles24-€1,983
Current assets29/58€85,337€107,220▲
Amounts receivable within one year40/41€59,970€103,600▲
Other amounts receivable41-€103,600
Cash at bank and in hand54/58€305€3,620▲
Equity and liabilities
Total equity and liabilities10/49€93,098€153,279▲
Equity10/15€43,142€82,040▲
Contributions10/11-€18,600
Reserves13€24,542€63,440▲
Non-distributable reserves130/1-€1,860
Reserves not available under the articles1311-€1,860
Distributable reserves133-€61,580
Profit (loss) carried forward14€11,945-
Amounts payable17/49€49,956€71,239▲
Amounts payable after more than one year17€4,370-
Amounts payable within one year42/48€45,586€71,239▲
Current portion of amounts payable after more than one year42-€4,370
Trade debts44€1,643€36,056▲
Suppliers440/4-€36,056
Taxes, remuneration and social security45-€30,813
Taxes450/3-€27,033
Remuneration and social security454/9-€3,780
Income statement Code20202021
Remuneration, social security and pensions62-€22,371
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20,980€3,702▼
Other operating charges640/8-€120
Gross operating margin9900€147,235€83,661▼
Operating profit (loss)9901€8,247€57,467▲
Financial income75/76B-€9,565
Recurring financial income75-€9,565
Financial charges65/66B-€3,531
Recurring financial charges65€1,353€3,531▲
Profit (loss) for the period before taxes9903€6,895€63,501▲
Income taxes67/77€6,418€24,604▲
Profit (loss) for the period9904€476€38,898▲
Profit (loss) for the period to be appropriated9905€476€38,898▲
Appropriation of the result
Profit (loss) to be appropriated9906-€38,898
Transfer to equity691/2-€38,898
To other reserves6921-€38,898

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2018201920202021Change
Remuneration, social security and pensions62---€22,371-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20,000€20,650€20,980€3,702▼ 82.4%
Other operating charges640/8---€120-
Gross operating margin9900€41,602€79,101€147,235€83,661▼ 43.2%
Operating profit (loss)9901€8,027€17,883€8,247€57,467▲ 597%
Financial income75/76B---€9,565-
Recurring financial income75€1,735€3,311-€9,565-
Financial charges65/66B---€3,531-
Recurring financial charges65€1,257€1,668€1,353€3,531▲ 161%
Profit (loss) for the period before taxes9903€8,505€19,526€6,895€63,501▲ 821%
Income taxes67/77€5,150€9,266€6,418€24,604▲ 283%
Profit (loss) for the period9904€3,355€10,261€476€38,898▲ 8,065%
Profit (loss) for the period to be appropriated9905€3,355€10,261€476€38,898▲ 8,065%
Line2018201920202021Change
Assets
Total assets20/58€81,809€90,232€93,098€153,279▲ 64.6%
Fixed assets21/28€40,000€25,850€7,761€46,059▲ 493%
Intangible fixed assets21-€5,850€5,200€44,076▲ 748%
Tangible fixed assets22/27€40,000€20,000€2,561€1,983▼ 22.6%
Furniture and vehicles24---€1,983-
Current assets29/58€41,809€64,382€85,337€107,220▲ 25.6%
Amounts receivable within one year40/41€19,342€37,711€59,970€103,600▲ 72.8%
Other amounts receivable41---€103,600-
Cash at bank and in hand54/58€7,813€2,509€305€3,620▲ 1,088%
Equity and liabilities
Total equity and liabilities10/49€81,809€90,232€93,098€153,279▲ 64.6%
Equity10/15€32,405€42,666€43,142€82,040▲ 90.2%
Contributions10/11€18,600€18,600-€18,600-
Reserves13€1,860€24,066€24,542€63,440▲ 158%
Non-distributable reserves130/1---€1,860-
Reserves not available under the articles1311---€1,860-
Distributable reserves133---€61,580-
Profit (loss) carried forward14€11,945€8,590€11,945--
Amounts payable17/49€49,404€47,566€49,956€71,239▲ 42.6%
Amounts payable after more than one year17€24,180€13,950€4,370--
Amounts payable within one year42/48€25,224€33,616€45,586€71,239▲ 56.3%
Current portion of amounts payable after more than one year42---€4,370-
Trade debts44€8,688€3,155€1,643€36,056▲ 2,095%
Suppliers440/4---€36,056-
Taxes, remuneration and social security45---€30,813-
Taxes450/3---€27,033-
Remuneration and social security454/9---€3,780-
Line2018201920202021Change
Profit (loss) for the period9904€3,355€10,261€476€38,898▲ 8,065%
+ Depreciation and write-downs630€20,000€20,650€20,980€3,702▼ 82.4%
Operating cash flow (approximation)€23,355€30,911€21,457€42,600▲ 98.5%
Investment in fixed assets (approximation)--€6,500-€2,892-€42,000▼ 1,352%
Change in cash--€5,304-€2,205€3,315▲ 250%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
19-06
Bankruptcy Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Gent, afdeling Gent · event 16-06-2026
2024
02-04
Bankruptcy Opening
Ondernemingsrechtbank Gent, afdeling Gent · event 26-03-2024
22-03
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 600 days late
2021
31-12
Financial Highest result since 2018net €38,898 ▲8,065%
Operating result €57,467, net result €38,898, both a record.
20-12
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 142 days late
2020
31-12
Financial Weakest financial yearnet €476 ▼95.4%
Net result drops to €476, the lowest in the series.
14-12
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 136 days late
2019
07-10
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 68 days late
2018
06-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 6 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
2 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, Deinze
approximate (street level) On OpenStreetMap
Ground area
1,029 m²
Building footprint
102 m²
Volume, LiDAR
580 m³
Parcel 44044B0763/00A000, Flanders · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44044B0763/00A000indicative Flanders 1,029 m² 1 · 102 m² 8.4 m · 2 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.

Insolvency mandates

1 mandate
Role Name Tenure
Curator JOKE DE PAEPE
ZEISTRAAT 1A, 9850 NEVELE-
26-03-2024 → 16-06-2026

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded08-02-2017
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.