MED-OLIVES
ActiveThe computed 12-month bankruptcy probability of MED-OLIVES is 3.6% (moderate). The 2024 annual accounts show equity of €13k and a net result of €-530. Equity is growing by ~58% per year across the filed fiscal years. Its solvency ranks better than 32% of 15869 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
31
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability36▼-22
Solvency41▼-6
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
3.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Liquidity tight (current ratio 1.19 against 1.29 in 2023; short-term debt: 83.8% and cash: 3.2% of total assets), and 83.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+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
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 2024Solvency, return and age of the figures
Solvency
16.2%
Return on assets
-0.7%
Age of the figures
21 mo
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 →
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-11-2025, 121 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
121 d late
2023
46 d late
2022
59 d late
2021
61 d late
2020
61 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
€-530
2023 · €5k
2020: €282
2021: €136
2022: €5k
2023: €5k
2020 → 2024
Working capital
€13k▼ 3.9%
2023 · €14k
2020: €3k
2021: €3k
2022: €9k
2023: €14k
2020 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€3k-€3k▲ 4.2%€9k▲ 152%€14k▲ 59.1%€13k▼ 3.9%
Operating result€488-€464▼ 4.9%€6k▲ 1,146%€7k▲ 21.9%€34▼ 99.5%
Net result€282-€136▼ 51.6%€5k▲ 3,719%€5k▼ 2.1%€-530
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 100% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €81k
Equity
€13k▼ 3.9%
Debt
€68k▲ 43.3%
The debt ratio rises from 77.6% to 83.8%. Equity is lower and debt is higher.
Key figures and ratios
Solvency
16.2%▼
2023 · 22.4%
Current ratio
1.19▼
2023 · 1.29
Quick ratio
0.82▲
2023 · 0.79
Debt / equity
5.16▲
2023 · 3.46
ROE
-4.0%▼
2023 · 37.1%
ROA
-0.7%▼
2023 · 8.3%
Debt
€68k▲
2023 · €47k
Debt ≤ 1 year
€68k▲
2023 · €47k
Staff costs
€8k▼
2023 · €12k
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€61k€81k▲
Current assets29/58€61k€81k▲
Stocks and contracts in progress3€24k€25k▲
Stocks30/36€24k€25k▲
Amounts receivable within one year40/41€35k€53k▲
Trade receivables40€35k€51k▲
Other amounts receivable41-€2k
Cash at bank and in hand54/58€2k€3k▲
Deferred charges and accrued income490/1-€113
Equity and liabilities
Total equity and liabilities10/49€61k€81k▲
Equity10/15€14k€13k▼
Contributions10/11€3k€3k=
Profit (loss) carried forward14€11k€10k▼
Amounts payable17/49€47k€68k▲
Amounts payable within one year42/48€47k€68k▲
Trade debts44€35k€61k▲
Suppliers440/4€35k€61k▲
Taxes, remuneration and social security45€7k€7k▲
Taxes450/3€5k€3k▼
Remuneration and social security454/9€2k€4k▲
Other amounts payable47/48€6k€107▼
Income statement
Code20232024
Remuneration, social security and pensions62€12k€8k▼
Other operating charges640/8€800€729▼
Gross operating margin9900€20k€9k▼
Operating profit (loss)9901€7k€34▼
Financial charges65/66B€663€564▼
Recurring financial charges65€663€564▼
Profit (loss) for the period before taxes9903€6k€-530▼
Income taxes67/77€1k-
Profit (loss) for the period9904€5k€-530▼
Profit (loss) for the period to be appropriated9905€5k€-530▼
Appropriation of the result
Profit (loss) to be appropriated9906€11k€10k▼
Profit (loss) brought forward from the previous period14P€6k€11k▲
The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 121 days late
2024
31-12
Financial
Weakest financial yearnet €-530 ▼110%
Net result drops to €-530, the lowest in the series.
15-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 46 days late
2023
28-09
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 59 days late
2022
31-12
Financial
Highest result since 2020net €5k ▲3719%
Net result €5k, the highest in the series.
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 61 days late
2021
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 61 days late
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, Brussel · 1 establishment unit since 2019
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.
Kraatveldstraat 1041120 BrusselGround area
9,440 m²
Building footprint
1,986 m²
Volume, LiDAR
18,046 m³
2 parcels, Brussels, Flanders · tallest building 15.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
MED-OLIVES
since 20192.292.438.315
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21819C0043/00D014 | Brussels | 6,306 m² | 1 · 1,580 m² | 15.9 m · 3 fl. |
| 23046C0173/00D002 | Flanders | 3,134 m² | 1 · 406 m² | 5.7 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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 siteBeersel2.292.438.315
Similar companies · same sector, comparable size
ATLAS FRUIT
BE 0599.852.651
Kinrooi · Eq €13k
AFNAN GROUP
BE 0778.511.112
Wemmel · Eq €13k
PANIER MATINAL
BE 1020.085.850
Anderlecht · Eq €13k
Matteo Food
BE 0755.840.628
Brasschaat · Eq €14k
VALCKENIER
BE 0879.861.165
Haacht · Eq €14k
Of 956 companies in sector 46319 we hold annual accounts for 609. 180 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-08-2019
Fiscal year end31-12
Activities, NACEBEL
46319Wholesale of fruit and vegetables, excluding potatoes
47279Other retail sale of food
47299Retail trade
47210Retail sale of fruit and vegetables
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:med-olives@hotmail.com