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MED DISTRIBUTION

Active
Private limited companyfounded 2014active for 12 yearsAvenue Joseph-Prévers 29, 4020 Liège, BelgiumKBO/BCE: BE 0544.590.860
Summary

MED DISTRIBUTION has been active since 2014 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €346,577 and a net result of €72,333. Equity has been growing by about 20% per year since 2018. Its solvency ranks better than 41% of 13,749 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Overview

Official details

Source: KBO
Status
Active since 21-01-2014 Normal situation
Registered office
50 active companies are registered at this address Source: KBO register, as of 4 November 2026.
Activity
Wholesale of other food products NACE 46389and 1 other
Establishment unit
2.227.573.029 4020 Liège, since 21-01-2014
Financial year end
31 December
Peppol
Reachable since 23-05-2025

Board and ownership

Board
  • Cifci GurkanDirector · since 29-11-2023

Financial position

85 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.3%
Annual accounts 2025
Gross margin
€339,381
▲ 13.9%
Turnover
≈ €2.1m
estimated
Profit
€72,333
▼ 23.8%
Equity
€346,577
▲ 26.4%
Total assets
€1.2m
▼ 25.0%
Employees on 31-12-2025
6
▲ 50.0%
  • 2025 accounts filed 73 days after the deadline
Score breakdownraises riskLast filed accounts filed 73 days late; 3 of the last 3 accounts latelowers riskSize: total assets €1.2mFounded in 2014Figures for financial year 2025 (filed on 13-10-2026)Show the evidence

Checked score

Score 2025
85 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 53% of micro companies in wholesale trade (NACE 46)
Financial strength · tick: 2024
Average
Solvency 54+12
equity 28.5% of total assets
Liquidity 30+14
short-term debt 69.5% · cash 13.7%
Profitability 76=
return on assets 6.0%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,900 companies, NACE 46, micro)
Last 24 months 12-2024: 3.6% 01-2025: 5.2%▲ +1.6 percentage points vs 12-2024 02-2025: 5.2%● unchanged vs 01-2025 03-2025: 5.3%▲ +0.1 percentage points vs 02-2025highest value 04-2025: 4.7%▼ -0.6 percentage points vs 03-2025 05-2025: 1.8%▼ -2.9 percentage points vs 04-2025 06-2025: 2.0%▲ +0.2 percentage points vs 05-2025 07-2025: 2.2%▲ +0.2 percentage points vs 06-2025 08-2025: 2.8%▲ +0.6 percentage points vs 07-2025 09-2025: 3.3%▲ +0.5 percentage points vs 08-2025 10-2025: 5.0%▲ +1.7 percentage points vs 09-2025 11-2025: 0.5%▼ -4.5 percentage points vs 10-2025 12-2025: 0.5%● unchanged vs 11-2025 01-2026: 0.5%● unchanged vs 12-2025 02-2026: 0.5%● unchanged vs 01-2026 03-2026: 0.5%● unchanged vs 02-2026 04-2026: 0.5%● unchanged vs 03-2026 05-2026: 0.5%● unchanged vs 04-2026 06-2026: 0.6%▲ +0.1 percentage points vs 05-2026 07-2026: 0.6%● unchanged vs 06-2026 08-2026: 1.0%▲ +0.4 percentage points vs 07-2026 09-2026: 1.2%▲ +0.2 percentage points vs 08-2026 10-2026: 0.3%▼ -0.9 percentage points vs 09-2026lowest value 11-2026: 0.3%● unchanged vs 10-2026lowest value
Credit of up to €25,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.28 (1.14 in 2024), below the usual 1.5. Short-term debt is 69.5% and cash 13.7% of total assets. 71.5% 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 39% of them on solvency, 27% on liquidity, 66% on profitability and 80% on growth.

The bankruptcy probability was computed on 03-11-2026 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 riskraises risk
raises risk · Last filed accounts filed 73 days late; 3 of the last 3 accounts late
NBB · filings
lowers risk · Size: total assets €1.2m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Founded in 2014
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 · Figures for financial year 2025 (filed on 13-10-2026)
NBB · annual accounts
raises risk · 2025 accounts filed 73 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 12-10-2026, 73 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
73 days late
2024
75 days late
2023
243 days late
2022
133 days late
2021
99 days late
2020
145 days late
2019
65 days late
← 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 119 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 7 November (4 of the last 5 accounts filed within 34 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
04-11-2026 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: Higher net result than 90% of companies in wholesale tradesector median €5,648 · 13,755 companies €72,333 View
  • Positive: 8 profitable years in a rowprofit 2025: €72,333 8 years View
  • Positive: Equity rose in 2025from €274,244 to €346,577 ▲ 26.4% View

Recent changes

  1. · Gazette deed Reappointment: POLAT Haci (director)Appointment: CIFKI Gürkan (director)
  2. · Gazette deed Incorporation
All 17 events

Comparable companies

These companies have the same main activity as MED DISTRIBUTION: wholesale of other food products (NACE 46389). They are comparable in size and age: total assets between €869,000 and €1.3m, founded between 2011 and 2014.

CompanyTotal assetsGross margin
MED DISTRIBUTION Liège€1.2m€0.3m
AERO CATERING Grâce-Hollogne€1.1m€0.4m
BURGIO DISTRIBUTION Houthalen-Helchteren€1.3m€0.4m
DUTOIT SNACK SERVICE Mouscron€1.3m€0.3m
WANDA FOOD Mouscron€1.0m€0.3m
Solid Food Europe Gent€1.1m€0.2m
ANTIPASTI-OLIVES Brussel€0.9m€0.3m
Full comparison

Key facts about MED DISTRIBUTION

What is the company number of MED DISTRIBUTION?
The company number of MED DISTRIBUTION is 0544.590.860. The VAT number is the same number with BE in front: BE 0544.590.860.
Where is MED DISTRIBUTION based?
The registered office is at Avenue Joseph-Prévers 29, 4020 Liège.Company details
What does MED DISTRIBUTION do?
According to the KBO register, the main activity is wholesale of other food products (NACE 46389).
What is the legal form of MED DISTRIBUTION?
The legal form of MED DISTRIBUTION is Private limited company (BV).
When was MED DISTRIBUTION founded?
MED DISTRIBUTION was founded on 21-01-2014.
Is MED DISTRIBUTION still active?
Yes, MED DISTRIBUTION is an active enterprise in the KBO register.
How many employees does MED DISTRIBUTION have?
MED DISTRIBUTION had an average of 4.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of MED DISTRIBUTION?
The turnover in financial year 2025 is ≈ €2.1m. This figure is estimated from the gross margin of €339,381 and 30 comparable companies (NACE 463). It probably lies between €1.6m and €3.8m.
Is MED DISTRIBUTION profitable?
In financial year 2025, MED DISTRIBUTION made a profit of €72,333.
Where can I find the annual accounts of MED DISTRIBUTION?
MED DISTRIBUTION filed 12 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of MED DISTRIBUTION due?
MED DISTRIBUTION must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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