MED DISTRIBUTION
ActiveMED DISTRIBUTION has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €274k and a net result of €95k. Equity is growing by ~18% per year across the filed fiscal years. Its solvency ranks better than 33% of 15869 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
56
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability76▲+15
Solvency42▲+2
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15k at 30 days acceptable
Liquidity tight (current ratio 1.14 against 1.17 in 2023; short-term debt: 82.4% and cash: 8.6% of total assets), and 83.1% of the assets are financed with debt.
Credit advice 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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 14-10-2025, 75 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
75 d late
2023
243 d late
2022
133 d late
2021
99 d late
2020
145 d late
2019
65 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€95k▲ 2,631%
2023 · €3k
2018: €9k
2019: €22k
2020: €13k
2021: €15k
2022: €36k
2023: €3k
2018 → 2024
Working capital
€184k▲ 15.9%
2023 · €158k
2018: €204k
2019: €354k
2020: €363k
2021: €372k
2022: €413k
2023: €158k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€126k-€140k▲ 11.6%€176k▲ 25.5%€179k▲ 2.0%€274k▲ 52.9%
Operating result€38k-€38k▲ 1.5%€66k▲ 72.4%€80k▲ 21.8%€84k▲ 4.1%
Net result€13k-€15k▲ 11.6%€36k▲ 145%€3k▼ 90.3%€95k▲ 2,631%
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2024 is 4% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.62M
Fixed assets
€102k▼ 20.6%
Current assets
€1.52M▲ 41.1%
Equity and liabilities €1.62M
Equity
€274k▲ 52.9%
Debt
€1.35M▲ 31.3%
The debt ratio falls from 85.1% to 83.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€115k▲
2023 · €94k
Cash flow
€126k▲
2023 · €17k
Solvency
16.9%▲
2023 · 14.9%
Current ratio
1.14▼
2023 · 1.17
Quick ratio
0.88▲
2023 · 0.81
Debt / equity
4.91▼
2023 · 5.72
ROE
34.6%▲
2023 · 1.9%
ROA
5.9%▲
2023 · 0.3%
Interest coverage
9.68▲
2023 · 4.97
Debt
€1.35M▲
2023 · €1.03M
Debt ≤ 1 year
€1.33M▲
2023 · €917k
Debt > 1 year
€11k▼
2023 · €108k
Income taxes
€-23k▼
2023 · €82k
Staff costs
€120k▼
2023 · €152k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€1.20M€1.62M▲
Fixed assets21/28€129k€102k▼
Intangible fixed assets21€3k€2k▼
Tangible fixed assets22/27€122k€97k▼
Plant, machinery and equipment23€18k€13k▼
Furniture and vehicles24€102k€78k▼
Other tangible fixed assets26€3k€5k▲
Financial fixed assets28€4k€4k=
Current assets29/58€1.08M€1.52M▲
Stocks and contracts in progress3€335k€349k▲
Stocks30/36€335k€349k▲
Amounts receivable within one year40/41€661k€1.03M▲
Trade receivables40€623k€930k▲
Other amounts receivable41€38k€98k▲
Cash at bank and in hand54/58€73k€140k▲
Deferred charges and accrued income490/1€6k€1k▼
Equity and liabilities
Total equity and liabilities10/49€1.20M€1.62M▲
Equity10/15€179k€274k▲
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€159k€254k▲
Amounts payable17/49€1.03M€1.35M▲
Amounts payable after more than one year17€108k€11k▼
Financial debts170/4€108k€11k▼
Amounts payable within one year42/48€917k€1.33M▲
Current portion of amounts payable after more than one year42€102k€96k▼
Trade debts44€659k€1.11M▲
Suppliers440/4€659k€1.11M▲
Taxes, remuneration and social security45€66k€94k▲
Taxes450/3€57k€79k▲
Remuneration and social security454/9€9k€15k▲
Other amounts payable47/48€91k€31k▼
Accrued charges and deferred income492/3-€122
Income statement
Code20232024
Remuneration, social security and pensions62€152k€120k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€31k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€101k€24k▼
Other operating charges640/8€48k€38k▼
Non-recurring operating charges66A€44-
Gross operating margin9900€394k€298k▼
Operating profit (loss)9901€80k€84k▲
Financial income75/76B€24k€2▼
Recurring financial income75€24k€2▼
Non-recurring financial income76B€1-
Financial charges65/66B€19k€12k▼
Recurring financial charges65€19k€12k▼
Profit (loss) for the period before taxes9903€86k€72k▼
Income taxes67/77€82k€-23k▼
Profit (loss) for the period9904€3k€95k▲
Profit (loss) for the period to be appropriated9905€3k€95k▲
Appropriation of the result
Profit (loss) to be appropriated9906€159k€254k▲
Profit (loss) brought forward from the previous period14P€155k€159k▲
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
14-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 75 days late
31-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 243 days late
2024
31-12
Financial
Highest result since 2018net €95k ▲2631%
Operating result €84k, net result €95k, both a record.
31-12
Financial
Equity above €200kEq €274k ▲52.9%
7 profitable years in a row build equity to €274k.
2023
31-12
Financial
Weakest financial yearnet €3k ▼90.3%
Net result drops to €3k, the lowest in the series; recovery starts the following year.
11-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 133 days late
2022
31-12
Financial
Equity above €150kEq €176k ▲25.5%
5 profitable years in a row build equity to €176k.
07-11
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 99 days late
2021
23-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 145 days late
2020
04-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 65 days late
2019
31-12
Financial
Equity above €100kEq €113k ▲24.8%
2 profitable years in a row build equity to €113k.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Liège · 1 establishment unit since 2014
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.
Avenue Joseph-Prévers 294020 LiègeGround area
120 m²
Building footprint
120 m²
Volume, LiDAR
368 m³
Parcel 62809B0341/00R015, Wallonia · tallest building 3.6 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
MED DISTRIBUTION
since 20142.227.573.029
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62809B0341/00R015 | Wallonia | 120 m² | 1 · 120 m² | 3.6 m · 1 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteLiège2.227.573.029
Similar companies · same sector, comparable size
ROYALE 2000
BE 0464.820.535
Anderlecht · Eq €273k
GAUBLOMME
BE 0827.626.863
Beveren-Kruibeke-Zwijndrecht · Eq €276k
LA CONQUISTA
BE 0823.666.788
Aartselaar · Eq €271k
DE GROENE WIJZER
BE 0467.177.437
Brasschaat · Eq €279k
DISTRIPAT
BE 0844.011.054
Raeren · Eq €269k
Of 1,428 companies in sector 46389 we hold annual accounts for 855. 592 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-01-2014
Fiscal year end31-12
Activities, NACEBEL
46389Wholesale of other food products
47221Retail sale of meat and meat products, excluding game and poultry
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.