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MED ASSIST

Active
Private limited companyfounded 1991active for 35 yearsJozef Buyssestraat 75, 9230 Wetteren, BelgiumKBO/BCE: BE 0443.491.324
Summary

MED ASSIST has been active since 1991 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (-€319,735) and a net result of €2,274. Equity is shrinking by about 11% per year across the filed financial years. Its solvency ranks better than 5% of 19,733 sector peers (NACE 86, financial year 2024). The computed 12-month bankruptcy probability is 0.8% (low).

Overview

Activity
Nutrition and dietetics services
NACE 86995
6th oldest company in Wetteren, Health and social work sector1 site
Size
€9,438total assets 2024
Equity
-€319,735
Profit
€2,274
Turnover not published (micro format)
Financial health
54 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
0.8%
Structure
Accounts 75 days overdue0 of 7 deeds read
Why 54raises riskCapped at 59: negative equityFigures for financial year 2024 (filed 10-07-2025)Liquidity: current ratio 0.17, cash €78, halvedlowers riskSector: Human health activities (NACE 86)Size: total assets €9,438Show the evidence

Checked score

Score 2024
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 25% of its sector peers (NACE 86, micro)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2023
Weak
Solvency 0=
equity -3387.7% of total assets
Liquidity 1-8
short-term debt 581.5% · cash 0.8%
Profitability 99-1
return on assets 24.1%
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%

About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median < 0.1% (24,040 companies, NACE 86, micro)
Last 24 months 11-2024: 2.7%highest value 12-2024: 0.2%▼ -2.5 percentage points vs 11-2024 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.3%▲ +0.1 percentage points vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.2%▼ -0.1 percentage points vs 04-2025 06-2025: 0.3%▲ +0.1 percentage points vs 05-2025 07-2025: 0.4%▲ +0.1 percentage points vs 06-2025 08-2025: 0.2%▼ -0.2 percentage points vs 07-2025lowest value 09-2025: 0.2%● unchanged vs 08-2025lowest value 10-2025: 0.2%● unchanged vs 09-2025lowest value 11-2025: 0.2%● unchanged vs 10-2025lowest value 12-2025: 0.2%● unchanged vs 11-2025lowest value 01-2026: 0.2%● unchanged vs 12-2025lowest value 02-2026: 0.2%● unchanged vs 01-2026lowest value 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.3%▲ +0.1 percentage points vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.5%▲ +0.2 percentage points vs 07-2026 09-2026: 0.6%▲ +0.1 percentage points vs 08-2026 10-2026: 0.8%▲ +0.2 percentage points vs 09-2026
No credit on open account
Liquidity insufficient (current ratio 0.17, compared with 0.02 in 2023, below 1; short-term debt: 581.5% and cash: 0.8% of total assets), and equity is negative.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 86, micro): better than 1% on solvency, 0% on liquidity, 59% on profitability and 40% on growth.

The bankruptcy probability was computed on 13-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Seven signals.
lowers riskraises riskneutral
lowers risk · Sector: Human health activities (NACE 86)
KBO
raises risk · Figures for financial year 2024 (filed 10-07-2025)
NBB · annual accounts
raises risk · Liquidity: current ratio 0.17, cash €78, halved
NBB · annual accounts
lowers risk · Size: total assets €9,438
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 19733 sector peers (2024).
NBB · sector comparison
Position among 19733 sector peers
Solvency
better than 5%
← weakest strongest →
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, 75 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline14-10-2026 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 08-07-2025, 23 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
23 days early
2023
103 days late
2022
469 days late
2021
78 days late
2020
165 days late
2019
41 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 139 days after the deadline; the sector median (NACE 86) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · micro…
  2. Annual accounts filedfinancial year 2023 · micro…
  3. Annual accounts filedfinancial year 2022 · micro…

Key points

  • Risk: Negative equityfinancial year 2024: debts exceed assets -€319,735 View
  • Caution: Among the weakest 5% on solvencysector median 67.4% · 19,733 companies -3387.7% View
  • Caution: Accounts not fileddeadline was 31-07-2026 75 days late View

By topic

Financials

Financial year
2024
Total assets
€9,438
Profit
€2,274
Solvency
-3387.7%
Go to Financials

Timeline

Events
36
Since
1992
  1. 31-12-2022Highest result from 2018 to 2024
  2. 17-10-2022Annual accounts filed
  3. 12-01-2022Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Nutrition and dietetics servicesNACE 86995
Founded
20-03-1991
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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