Medacars
ActiveSummary
Medacars has been active since 1998 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €194,802 and a net result of €83,985. Equity has been growing by about 10% per year since 2019. Its solvency ranks better than 24% of 5,895 sector peers (NACE 49, financial year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 23-01-1998 Normal situation
- Activity
- Freight transport by road NACE 49410and 4 others
- Establishment unit
- 2.085.526.922 3530 Houthalen-Helchteren, since 20-02-1998
- Financial year end
- 31 December
- Peppol
- Reachable since 27-03-2026
Board and ownership
Board
- Medaer RafDirector · since 12-01-1999
Shareholders
- VADAME100%2025 annual accounts of VADAME
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.8%
Annual accounts 2025
- Gross margin
- €3.2m
- ▲ 21.6%
- Turnover
- ≈ €5.9m
- estimated
- Profit
- €83,985
- Equity
- €194,802
- ▲ 75.8%
- Total assets
- €1.6m
- ▲ 10.3%
- Staff
- ≈ 42 FTE
- estimated
- 2025 accounts filed 5 days after the deadline
Score breakdownraises riskSector: Land transport and transport via pipelines (NACE 49)Equity €194,802 (12.1% of total assets)Last filed accounts filed 5 days late; 1 of the last 3 accounts latelowers riskSize: total assets €1.6mShow the evidence
Checked score
Score 2025
68
/ 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 44% of micro companies in land transport (NACE 49)
Financial strength · tick: 2024
Weak
Solvency
37+4
equity 12.1% of total assets
Liquidity
15-23
short-term debt 81.7% · cash 7.8%
Profitability
75+61
return on assets 5.2%
Bankruptcy probability within 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).
Last 24 months
12-2024: 1.8%
01-2025: 1.8%● unchanged vs 12-2024
02-2025: 1.9%▲ +0.1 percentage points vs 01-2025highest value
03-2025: 0.9%▼ -1.0 percentage point vs 02-2025
04-2025: 0.9%● unchanged vs 03-2025
05-2025: 0.9%● unchanged vs 04-2025
06-2025: 0.9%● unchanged vs 05-2025
07-2025: 1.1%▲ +0.2 percentage points vs 06-2025
08-2025: 1.4%▲ +0.3 percentage points vs 07-2025
09-2025: 1.7%▲ +0.3 percentage points vs 08-2025
10-2025: 1.1%▼ -0.6 percentage points vs 09-2025
11-2025: 1.1%● unchanged vs 10-2025
12-2025: 1.1%● unchanged vs 11-2025
01-2026: 1.1%● unchanged vs 12-2025
02-2026: 1.1%● unchanged vs 01-2026
03-2026: 1.1%● unchanged vs 02-2026
04-2026: 1.1%● unchanged vs 03-2026
05-2026: 1.1%● unchanged vs 04-2026
06-2026: 1.2%▲ +0.1 percentage points vs 05-2026
07-2026: 1.3%▲ +0.1 percentage points vs 06-2026
08-2026: 1.7%▲ +0.4 percentage points vs 07-2026
09-2026: 0.8%▼ -0.9 percentage points vs 08-2026lowest value
10-2026: 0.8%● unchanged vs 09-2026lowest value
11-2026: 0.8%● unchanged vs 10-2026lowest value
Credit of up to €13,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.06 (1.29 in 2024), below the usual 1.5. Short-term debt is 81.7% and cash 7.8% of total assets. 87.9% 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 49, micro). It does better than 24% of them on solvency, 13% on liquidity, 55% on profitability and 86% on growth.
The bankruptcy probability was computed on 02-11-2026 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).
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 5895 sector peers (2025).
NBB · sector comparisonPosition among 5895 sector peers
Solvency
better than 24%
← weakest
strongest →
raises risk · 2025 accounts filed 5 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 05-08-2026, 5 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 filingsDeviation from the deadline
2025
5 days late
2024
27 days late
2023
69 days late
2022
3 days early
2021
5 days early
2020
1 day late
2019
2 days early
← 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 13 days after the deadline. In the sector (NACE 49), the median for financial year 2024 was on the deadline day, and 49% 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 16 August (3 of the last 4 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
Financials
Financials · financial year 2025, micro format
2025 annual accounts filed 5 days after the deadline Filed on 5 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00383185.
Annual accounts 2025 filed on 05-08-2026 at the NBB all 27 filings
Turnover
≈ €5.9m
Estimated: probably between €5.1m and €6.7m
Total assets
€1.6m▲ 10.3%
2024 · €1.5m
Net result
€83,985
2024 · -€95,687
Working capital
€76,766▼ 71.8%
2024 · €271,860
Multi-year overview
2019 to 2025, 7 financial yearsOperating result
€241,145
2025
20192025
Net result
€83,985
2025
highest quarter of the sector
20192025
Equity
€194,802
▲ 75.8%
2025
highest quarter of the sector
20192025
Total assets
€1.6m
▲ 10.3%
2025
highest quarter of the sector
20192025
Debt
€1.4m
▲ 4.9%
2025
20192025
Working capital
€76,766
▼ 71.8%
2025
highest quarter of the sector
20192025
Solvency
12.1%
▲ 4.5pp
2025
lowest quarter of the sector
20192025
Current ratio
1.06
▼ 0.23
2025
middle half of the sector
20192025
Return on assets (ROA)
5.2%
▲ 11.8pp
2025
middle half of the sector
20192025
Staff (FTE)
no figure
2025
20192025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line2019202020212022202320242025
Operating result€0.04m-€0.03m▼ 34.4%€0.06m▲ 124%€0.4m▲ 667%€0.2m▼ 55.3%-€0.03m€0.2m
Net result€0.01m--€0.01mbelow the sector's middle half€0.01mwithin the sector's middle half€0.4mabove the sector's middle half▲ 37×€0.1mwithin the sector's middle half▼ 67.9%-€0.1mbelow the sector's middle half€0.08mabove the sector's middle half
Equity€0.1m-€0.1mbelow the sector's middle half▼ 8.6%€0.2mwithin the sector's middle half▲ 42.0%€0.2mwithin the sector's middle half▲ 10.9%€0.2mwithin the sector's middle half▲ 17.4%€0.1mbelow the sector's middle half▼ 46.3%€0.2mabove the sector's middle half▲ 75.8%
Total assets€1.0m-€0.7mwithin the sector's middle half▼ 35.6%€1.3mwithin the sector's middle half▲ 95.3%€1.6mwithin the sector's middle half▲ 22.6%€1.3mwithin the sector's middle half▼ 17.6%€1.5mwithin the sector's middle half▲ 10.5%€1.6mabove the sector's middle half▲ 10.3%
Debt€0.9m-€0.6m▼ 39.2%€1.1m▲ 106%€1.4m▲ 24.2%€1.1m▼ 21.9%€1.4m▲ 21.1%€1.4m▲ 4.9%
Working capital€0.03m-€0.04mwithin the sector's middle half▲ 48.7%€0.07mwithin the sector's middle half▲ 50.3%-€0.05mbelow the sector's middle half€0.08mwithin the sector's middle half€0.3mwithin the sector's middle half▲ 239%€0.08mabove the sector's middle half▼ 71.8%
Solvency11.7%-16.7%below the sector's middle half▲ 4.9pp12.1%below the sector's middle half▼ 4.5pp11.0%below the sector's middle half▼ 1.1pp15.6%below the sector's middle half▲ 4.6pp7.6%below the sector's middle half▼ 8.0pp12.1%below the sector's middle half▲ 4.5pp
Current ratio1.03-1.08within the sector's middle half▲ 0.051.06within the sector's middle half▼ 0.020.96below the sector's middle half▼ 0.101.08within the sector's middle half▲ 0.121.29within the sector's middle half▲ 0.211.06within the sector's middle half▼ 0.23
Return on assets (ROA)1.2%--1.6%below the sector's middle half▼ 2.8pp0.8%within the sector's middle half▲ 2.4pp25.4%above the sector's middle half▲ 24.6pp9.9%within the sector's middle half▼ 15.5pp-6.5%below the sector's middle half▼ 16.4pp5.2%within the sector's middle half▲ 11.8pp
Staff (FTE)29.3-29.4above the sector's middle half▲ 0.3%31.3above the sector's middle half▲ 6.5%35.1above the sector's middle half▲ 12.1%38.1above the sector's middle half▲ 8.5%
above
within
below
The sector band is the middle half of the companies in Land transport and transport via pipelines (NACE 49). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is a profit of €241,145, after a loss of €31,709 in 2024.
Large changes and their cause
- 2023 Net result -68% on 2022. The previous financial year ran 18 months, this one 12.
- 2022 Net result +3,598% on 2021. This financial year ran 18 months, the previous one 12.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.6m
Fixed assets
€218,473 ▼ 11.1%
Current assets
€1.4m ▲ 14.7%
Equity and liabilities €1.6m
Equity
€194,802 ▲ 75.8%
Debt
€1.4m ▲ 4.9%
Debt's share of the balance-sheet total falls from 92.4% to 87.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€335,827▲
2024 · €12,968
Cash flow
€178,667▲
2024 · -€51,009
Debt to equity
7.27▼
2024 · 12.18
ROE
43.1%▲
2024 · -86.3%
Interest coverage
7.56▲
2024 · 0.37
Debt ≤ 1 year
€1.3m▲
2024 · €943,238
Debt > 1 year
€100,437▼
2024 · €406,921
Income taxes
€114,641▲
2024 · €29,995
Staff costs
€2.7m▲
2024 · €2.5m
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 31-12-2022 | 31-12-2023 |
|---|---|---|
| Employees at the balance-sheet date | 36 | 38 |
| full-time | 35 | 38 |
| part-time | 1 | - |
| in full-time equivalents | 35.8 | 38 |
| Average over the year, in full-time equivalents | 35.1 | 38.1 |
| On a permanent contract | 35 | 38 |
| Joined | 157 | 14 |
| Left | 155 | 22 |
Source: social balance sheet in the 2022 to 2023 annual accounts
Investments
| Item | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Tangible fixed assets | €238,278 | €153,646 | €217,821 | €123,502 |
| Depreciation and write-downs of the year | €52,750 | €40,027 | €44,678 | €94,682 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Subsidies and aid
Flemish government
2022 to 2025 · 10 entries · €92,297 awarded · €91,922 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 2 | €11,433 | €11,433 |
| 2024 | 2 | €8,855 | €8,855 |
| 2023 | 3 | €13,088 | €12,713 |
| 2022 | 3 | €58,921 | €58,921 |
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €0.01m | - | €0.02m | - |
| Remuneration, social security and pensions62 | - | - | - | €3.7m | €2.6m | €2.5m | €2.7m | ▲ 7.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.02m | €0.03m | €0.03m | €0.05m | €0.04m | €0.04m | €0.09m | ▲ 112% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | - | €0.01m | €0.001m | ▼ 94.2% |
| Other operating charges640/8 | - | - | - | €0.04m | €0.1m | €0.02m | €0.08m | ▲ 353% |
| Non-recurring operating charges66A | - | - | - | €0.001m | €0.007m | - | - | - |
| Gross operating margin9900 | €1.8m | €1.9m | €2.1m | €4.2m | €2.9m | €2.6m | €3.2m | ▲ 21.6% |
| Operating profit (loss)9901 | €0.04m | €0.03m | €0.06m | €0.4m | €0.2m | -€0.03m | €0.2m | - |
| Financial income75/76B | - | - | - | €0.02m | €0.005m | €0.001m | €0.002m | ▲ 61.6% |
| Recurring financial income75 | €0.007m | €0.003m | €0.001m | €0.02m | €0.005m | €0.001m | €0.002m | ▲ 61.6% |
| Financial charges65/66B | - | - | - | €0.02m | €0.03m | €0.04m | €0.04m | ▲ 26.3% |
| Recurring financial charges65 | €0.01m | €0.02m | €0.02m | €0.02m | €0.03m | €0.04m | €0.04m | ▲ 26.3% |
| Profit (loss) for the period before taxes9903 | €0.03m | €0.006m | €0.04m | €0.4m | €0.2m | -€0.07m | €0.2m | - |
| Income taxes67/77 | €0.02m | €0.02m | €0.03m | €0.02m | €0.03m | €0.03m | €0.1m | ▲ 282% |
| Profit (loss) for the period9904 | €0.01m | -€0.01m | €0.01m | €0.4m | €0.1m | -€0.1m | €0.08m | - |
| Profit (loss) for the period to be appropriated9905 | €0.01m | -€0.01m | €0.01m | €0.4m | €0.1m | -€0.1m | €0.08m | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €1.0m | €0.7m | €1.3m | €1.6m | €1.3m | €1.5m | €1.6m | ▲ 10.3% |
| Fixed assets21/28 | €0.09m | €0.07m | €0.09m | €0.2m | €0.2m | €0.2m | €0.2m | ▼ 11.1% |
| Tangible fixed assets22/27 | €0.09m | €0.07m | €0.09m | €0.2m | €0.2m | €0.2m | €0.2m | ▼ 11.2% |
| Land and buildings22 | - | - | - | €0.006m | - | €0 | €0.01m | - |
| Plant, machinery and equipment23 | - | - | - | €0.02m | €0.01m | €0.03m | €0.03m | ▼ 4.9% |
| Furniture and vehicles24 | - | - | - | €0.2m | €0.2m | €0.2m | €0.2m | ▼ 17.9% |
| Financial fixed assets28 | €0.001m | €0.001m | €0.001m | €0.001m | €0.001m | €0.001m | €0.001m | = |
| Current assets29/58 | €0.9m | €0.6m | €1.2m | €1.4m | €1.1m | €1.2m | €1.4m | ▲ 14.7% |
| Amounts receivable within one year40/41 | €0.6m | €0.5m | €1.1m | €1.3m | €1.0m | €0.9m | €1.2m | ▲ 34.0% |
| Trade receivables40 | - | - | - | €1.0m | €0.9m | €0.9m | €1.2m | ▲ 32.8% |
| Other amounts receivable41 | - | - | - | €0.3m | €0.1m | €0.007m | €0.02m | ▲ 195% |
| Cash at bank and in hand54/58 | €0.2m | €0.05m | €0.003m | €0.02m | €0.04m | €0.3m | €0.1m | ▼ 51.8% |
| Deferred charges and accrued income490/1 | - | - | - | €0.05m | €0.07m | €0.04m | €0.04m | ▲ 2.6% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €1.0m | €0.7m | €1.3m | €1.6m | €1.3m | €1.5m | €1.6m | ▲ 10.3% |
| Equity10/15 | €0.1m | €0.1m | €0.2m | €0.2m | €0.2m | €0.1m | €0.2m | ▲ 75.8% |
| Contributions10/11 | €0.05m | €0.05m | - | €0.05m | €0.05m | €0.05m | €0.05m | = |
| Contributions outside capital11 | - | - | - | €0.05m | €0.05m | - | - | - |
| Other1109/19 | - | - | - | €0.05m | €0.05m | - | - | - |
| Reserves13 | €0.07m | €0.06m | €0.1m | €0.1m | €0.2m | €0.06m | €0.1m | ▲ 147% |
| Non-distributable reserves130/1 | - | - | - | €0.005m | €0.005m | €0.005m | €0.005m | = |
| Reserves not available under the articles1311 | - | - | - | €0.005m | €0.005m | €0.005m | €0.005m | = |
| Tax-exempt reserves132 | - | - | - | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Distributable reserves133 | - | - | - | €0.1m | €0.1m | €0.03m | €0.1m | ▲ 256% |
| Amounts payable17/49 | €0.9m | €0.6m | €1.1m | €1.4m | €1.1m | €1.4m | €1.4m | ▲ 4.9% |
| Amounts payable after more than one year17 | - | - | - | - | €0.1m | €0.4m | €0.1m | ▼ 75.3% |
| Financial debts170/4 | - | - | - | - | €0.1m | €0.4m | €0.1m | ▼ 75.3% |
| Amounts payable within one year42/48 | €0.9m | €0.6m | €1.1m | €1.4m | €1.0m | €0.9m | €1.3m | ▲ 39.6% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | - | €0.2m | €0.2m | ▲ 2.6% |
| Financial debts43 | - | - | - | €0.04m | €0.08m | €0.05m | €0.1m | ▲ 201% |
| Credit institutions430/8 | - | - | - | €0.04m | €0.08m | €0.05m | €0.1m | ▲ 201% |
| Trade debts44 | €0.6m | €0.4m | €0.9m | €1.0m | €0.8m | €0.7m | €0.9m | ▲ 31.7% |
| Suppliers440/4 | - | - | - | €1.0m | €0.8m | €0.7m | €0.9m | ▲ 31.7% |
| Taxes, remuneration and social security45 | - | - | - | €0.02m | €0.005m | €0.006m | €0.05m | ▲ 802% |
| Taxes450/3 | - | - | - | €0.02m | €0.005m | €0.006m | €0.05m | ▲ 802% |
| Other amounts payable47/48 | - | - | - | €0.4m | €0.1m | €0.001m | - | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €12,605 | -€10,531 | €11,016 | €407,353 | €130,579 | -€95,687 | €83,985 | - |
| + Depreciation and write-downs630 | €22,539 | €27,776 | €28,791 | €52,750 | €40,027 | €44,678 | €94,682 | ▲ 112% |
| Operating cash flow (approximation) | €35,143 | €17,245 | €39,807 | €460,103 | €170,605 | -€51,009 | €178,667 | - |
| Investment in fixed assets (approximation) | - | -€2,835 | -€53,563 | -€190,292 | -€36,407 | -€64,166 | -€67,277 | ▼ 4.8% |
| Change in cash | - | -€148,646 | -€44,505 | €14,040 | €24,146 | €219,623 | -€134,997 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 2,613 companies had the same profile as Medacars has now. Two years later, 97.3% were still going and 0.7% had gone bankrupt.
- Small
- 20 years or older
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
97.3%
was still going
2.0%
stopped otherwise
0.7%
went bankrupt
That fits the bankruptcy probability of Medacars itself: 0.8% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,613 companies, not a prediction for Medacars. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Latest 10 of 27 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 05-08-2026 | 2026-00383185 | |
| 31-12-2024 | abbreviated format | 27-08-2025 | 2025-00463393 | |
| 31-12-2023 | abbreviated format | 08-10-2024 | 2024-00504030 | |
| 31-12-2022 | abbreviated format | 28-07-2023 | 2023-00297146 | |
| 30-06-2021 | abbreviated format | 26-01-2022 | 2022-02100593 | |
| 30-06-2020 | abbreviated format | 01-02-2021 | 2021-04200086 | |
| 30-06-2019 | abbreviated format | 29-01-2020 | 2020-02900053 | |
| 30-06-2018 | abbreviated format | 31-01-2019 | 2019-03800466 | |
| 30-06-2017 | abbreviated format | 31-01-2018 | 2018-04100268 | |
| 30-06-2016 | abbreviated format | 27-02-2017 | 2017-05300451 |
Board & ownership
Directors
Directors
1 director, last change in 2024
Medaer Raf
Current
Owners and capital
Shareholders
1 ownerChain of control
- TRANSFER BV
- VADAME
- Medacars
Owners 1
-
100%
Capital transactions
Shareholders according to the deeds
Stated in the act
act of 30-12-2024 ↗
- Cédric Vandamme 51%
Capital over time
- 22-07-2022 Converted to unavailable equity · €58,960
Mandate history
3 people, 1 in office
- Board
- began earlier
- end not dated
| Name | Functions and periods |
|---|---|
| Medaer Raf |
|
| VADAME |
|
| METRUCO |
|
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “1, herroepbaar ad nutum voor niet-statutaire”
Articles of association, deed of 22-07-2022 (in Dutch)
Network & group
Companies at the same address
1 other companyConnections & network
1 current directorThe board mandates are listed under Board mandates elsewhere. The network lets you explore the same ties.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Timeline
Acts, filings and financial milestones
Deadline for the 2026 accounts:
2026
05-08
micro format · 5 days late
2025
31-12
Financial
Back to profitnet €83,985
The net result is €83,985, after one loss-making year.
31-12
Financial
Equity above €150,000equity €194,802 ▲75.8%
Equity rises from €110,817 to €194,802.
27-08
abbreviated format · 27 days late
2024
31-12
Financial
Weakest financial yearnet -€95,687
The net result drops to -€95,687, the lowest from 2019 to 2025. It recovers the following year.
30-12
Gazette deed
Resignation: Metruco BV (director)Appointment: Vadame BV (director) · Permanent representative: Cédric Vandamme · Shareholding5 points ▸
Gazette deed
Resignation: Metruco BV (director)
Appointment: Vadame BV (director) · Permanent representative: Cédric Vandamme · Shareholding5 points ▸
- General meeting, 03-12-2024
- Cédric Vandamme holds 51% of the shares
- Director resignation, Metruco BV (director)
- Director appointment, Vadame BV (director)
- Permanent representative, Cédric Vandamme
08-10
abbreviated format · 69 days late
2023
31-12
Financial
Equity above €200,000equity €206,503 ▲17.4%
After 3 profitable years in a row, equity reaches €206,503.
28-07
abbreviated format · 3 days before the deadline
15-02
Gazette deed
Registered office moved from Hasselt to Houthalen-HelchterenPermanent representative: Raf Medaer5 points ▸
Gazette deed
Registered office moved from Hasselt to Houthalen-Helchteren
Permanent representative: Raf Medaer5 points ▸
- General meeting, 31-01-2023
- Registered-office move, Centrum Zuid 1514,3530 Houthalen-Helchteren
- Permanent representative, Raf Medaer
- Director in office, Metruco BV (director)
- Other provision, “gazette annex header, Annexes du Moniteur belge” (deed in Dutch)
2022
31-12
Financial
Highest result from 2019 to 2025net €407,353 ▲3,598%
The operating result of €432,528 and the net result of €407,353 are both a record.
22-07
Gazette deed
Amendment of the articles · Legal-form change · Resignations & appointmentsCapital conversion · Reserve release · Capital8 points ▸
Gazette deed
Amendment of the articles · Legal-form change · Resignations & appointments
Capital conversion · Reserve release · Capital8 points ▸
- General meeting, 21-06-2022
- Other provision, “onderwerping aan Wetboek van vennootschappen en verenigingen en behoud rechtsvorm, besloten vennootschap” (deed in Dutch)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Reserve release, “beschikbaar voor uitkering, opheffing” (deed in Dutch)
- Other provision, “overgangsbepalingen”, 31-12-2022 (deed in Dutch)
- Amendment of the articles
- Capital
- Other provision, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
Show earlier events
26-01
abbreviated format · 5 days before the deadline
2021
30-06
Financial
Back to profitnet €11,016
The net result is €11,016, after one loss-making year.
30-06
Financial
Equity above €150,000equity €158,571 ▲42%
Equity rises from €111,665 to €158,571.
01-02
abbreviated format · 1 day late
2020
29-01
abbreviated format · 2 days before the deadline
2019
31-01
abbreviated format · on the deadline day
2018
31-01
abbreviated format · on the deadline day
2017
27-02
abbreviated format · 27 days late
1998
04-02
Gazette deed
Incorporation
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordName
Medacars in Dutch
Enterprise number
0462.425.130
Legal form
Private limited company
Status
Active, normale toestand
Founded
23-01-1998
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 22-07-2022 (in Dutch)Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest, bestuursorgaan”
deed of 22-07-2022 (in Dutch)Registered office and establishments
Registered office
Centrum-Zuid 1514, 3530 Houthalen-Helchteren, Belgium
1 former office
- Zavelvennestraat 275, 3500 Hasselt until 01-02-2023 · act of 15-02-2023
Establishment unit
MEDACARS, Centrum-Zuid 1514, 3530 Houthalen-Helchteren since 20-02-1998 · unit number 2.085.526.9224781101 Retail sale of cars and light vans (up to 3.5 tonnes)
Activities
NACEBEL 2025VAT activities
49410
Freight transport by road main activity
47811
Retail sale of cars and light vans (up to 3.5 tonnes)
47820
Retail sale of motor vehicle parts and accessories
95311
General maintenance and repair of cars and light vans (up to 3.5 tonnes)
Social security (RSZ) activities
53200
Other postal and courier activities main activity
Codes under NACEBEL 2008
VAT activities
49410
Road freight transport main activity
45113
45201
45320
Social security (RSZ) activities
53200
Other postal and courier activities main activity
Codes under NACEBEL 2003
VAT activities
60242
main activity
50103
50200
50302
Social security (RSZ) activities
64120
main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
deed of 22-07-2022 (in Dutch)
“1. Vervoercommissionair en tussenpersoon in het goederenvervoer; 2. De activiteiten van koerier- en transportonderneming,voor eigen rekening…”
6 activities
- 1. Vervoercommissionair en tussenpersoon in het goederenvervoer.
- 2. De activiteiten van koerier- en transportonderneming,voor eigen rekening en voor rekening van derden,tot transport van om het even welke goederen,zowel in binnen- als buitenland.
- 3. De aan- en verkoop van alle materialen,onderdelen en gereedschappen in de transportsector en in de automobielsector. De huur en verhuur,het onderhoud,de aan- en verkoop van tweedehands transportmiddelen,personenwagens inclusief. De exploitatie en verhuur van ceremoniewagens.
- 4. De vennootschap kan alle aspecten van service met betrekking tot hogergenoemde activiteiten uitoefenen en handelen in alle aanverwante producten van de goederen waarin zij handel drijft.
- 5. De vennootschap mag haar immateriële en personele middelen ter beschikking stellen van andere ondernemingen in eender welke vorm van samenwerking. De vennootschap mag alle industriële,handels- en financiële,roerende en onroerende verrichtingen doen die rechtstreeks of onrechtstreeks haar voorwerp kunnen helpen bevorderen,zowel in België als in het buitenland. Zij kan borg stellen voor derden,vennoten en zaakvoerders en hen voorschotten,leningen en kredieten toestaan,met respect voor de wettelijke beperkingen terzake.
- Zij kan zowel in België als in het buitenland agentschappen of vertegenwoordigingen oprichten of deze van andere aanverwante bedrijven waarnemen,zo door verbintenissen met partikulieren als met ondernemingen,vennootschappen en verenigingen. Zij kan zich met deze laatste versmelten en inbreng doen van het geheel of van een gedeelte van haar bezit. Zij kan het mandaat vervullen van zaakvoerder,bestuurder,gedelegeerd bestuurder en vereffenaar van andere vennootschappen.
Invoicing and payment
VAT number
BE 0462.425.130
Financial year and general meeting
Accounts at the NBBFinancial year end
31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
10 June at 12:00
deed of 22-07-2022 (in Dutch)Sites & property
Location
Buildings and parcels at the address
Ground area
7,737 m²
Building footprint
3,586 m²
Building volume
23,915 m³
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 72015C0166/00K009 | Flanders | 7,737 m² | 1 · 3,585 m² | 11.8 m · 2 |