Med-Co
ActiveSummary
Med-Co has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €7k and a net result of €-2k. Equity is shrinking by ~16.3% per year across the filed fiscal years. Its solvency ranks better than 18% of 7750 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
54
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability66▲+1
Solvency33▼-14
Growth32=
Track record94
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Sector 82
lower
← 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
8.2%
Return on assets
-2%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 7750 sector peers (2025).
NBB · sector comparisonPosition among 7750 sector peers
Solvency
better than 18%
← weakest
strongest →
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 24-07-2026, 7 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
7 d early
2024
6 d early
2023
7 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€7k▼ 19.4%
2024 · €9k
2023: €10k
2024: €9k
2023 → 2025
Total assets
€84k▲ 116%
2024 · €39k
2023: €30k
2024: €39k
2023 → 2025
Net result
€-2k▼ 47.4%
2024 · €-1k
2023: €8k
2024: €-1k
2023 → 2025
Working capital
€-13k▼ 15.7%
2024 · €-11k
2023: €-2k
2024: €-11k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€10k-€9k▼ 11.7%€7k▼ 19.4%
Operating result€11k-€-384€-1k▼ 191%
Net result€8k-€-1k€-2k▼ 47.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €1k in 2025 against €384 in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €84k
Fixed assets
€56k ▲ 180%
Current assets
€29k ▲ 50.0%
Equity and liabilities €84k
Equity
€7k ▼ 19.4%
Debt
€77k ▲ 155%
Debt's share of the balance-sheet total rises from 77.9% to 91.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€8k▼
2024 · €9k
Cash flow
€7k▼
2024 · €8k
Current ratio
0.69▲
2024 · 0.63
Debt to equity
11.15▲
2024 · 3.53
ROE
-24.1%▼
2024 · -13.2%
ROA
-2.0%▲
2024 · -2.9%
Interest coverage
16.46▼
2024 · 186.73
Debt ≤ 1 year
€42k▲
2024 · €30k
Debt > 1 year
€36k
Income taxes
€85▼
2024 · €702
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 42 lines
Balance sheet
Code20242025
Assets
Total assets20/58€39k€84k▲
Fixed assets21/28€20k€56k▲
Tangible fixed assets22/27€20k€56k▲
Plant, machinery and equipment23€535€3k▲
Furniture and vehicles24€18k€7k▼
Leasing and similar rights25-€45k
Other tangible fixed assets26€923€692▼
Current assets29/58€19k€29k▲
Amounts receivable within one year40/41€908€7k▲
Trade receivables40€908€7k▲
Cash at bank and in hand54/58€18k€22k▲
Equity and liabilities
Total equity and liabilities10/49€39k€84k▲
Equity10/15€9k€7k▼
Contributions10/11€2k€2k=
Reserves13€7k€5k▼
Distributable reserves133€7k€5k▼
Amounts payable17/49€30k€77k▲
Amounts payable after more than one year17-€36k
Financial debts170/4-€36k
Amounts payable within one year42/48€30k€42k▲
Current portion of amounts payable after more than one year42-€9k
Trade debts44€0€40▲
Suppliers440/4€0€40▲
Taxes, remuneration and social security45€1k€4k▲
Taxes450/3€1k€4k▲
Other amounts payable47/48€29k€29k▲
Income statement
Code20242025
Remuneration, social security and pensions62€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€9k▼
Other operating charges640/8€212€416▲
Non-recurring operating charges66A-€2k
Gross operating margin9900€9k€10k▲
Operating profit (loss)9901€-384€-1k▼
Financial charges65/66B€49€471▲
Recurring financial charges65€49€471▲
Profit (loss) for the period before taxes9903€-433€-2k▼
Income taxes67/77€702€85▼
Profit (loss) for the period9904€-1k€-2k▼
Profit (loss) for the period to be appropriated9905€-1k€-2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-1k€-2k▼
Transfer from equity791/2€1k€2k▲
Transfer to equity691/2€0-
To other reserves6921€0-
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
24-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-2k
Net result drops to €-2k, the lowest in the series.
25-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
24-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Zandhoven · 1 establishment unit since 2023
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Keulsebaan 12243 ZandhovenGround area
2,045 m²
Building footprint
1,339 m²
Volume, LiDAR
7,631 m³
Parcel 11034B0394/00Y000, Flanders · tallest building 8.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Med-Co
since 20232.341.164.185
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11034B0394/00Y000 | Flanders | 2,045 m² | 1 · 1,338 m² | 8.0 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
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Of 24,500 companies in sector 82990 we hold annual accounts for 9,404. 3,777 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded31-01-2023
Fiscal year end31-12
Activities, NACEBEL 2025
82990Other business support services
43222Installation of electric heating, air conditioning, cooling and ventilation
47540Retail sale of electrical household appliances
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.