MEDAN CONSTRUCT
ActiveThe computed 12-month bankruptcy probability of MEDAN CONSTRUCT is 2.0% (moderate). The 2025 annual accounts show equity of €31k and a net result of €25k. Its solvency ranks better than 58% of 7311 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
93
/ 100
Excellent▲ +33 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency96▲+67
Growth78
Stability82
Bankruptcy probability, 12 months
2.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity ample (current ratio 3.57 against 1.25 in 2024), and 48.7% 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.
−lowers risk+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
51.3%
Return on assets
42.2%
Age of the figures
11 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 21-04-2026, 9 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
9 d early
2024
1 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
13-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€31k▲ 129%
2024 · €13k
2024: €13k
2024 → 2025
Total assets
€60k▼ 15.2%
2024 · €70k
2024: €70k
2024 → 2025
Net result
€25k▲ 143%
2024 · €10k
2024: €10k
2024 → 2025
Working capital
€43k▲ 205%
2024 · €14k
2024: €14k
2024 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20242025Trend
Equity€13k-€31k▲ 129%
Operating result€15k-€34k▲ 125%
Net result€10k-€25k▲ 143%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result rises in 2025; 2025 is 125% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €60k
Fixed assets
€300
Current assets
€59k
Equity and liabilities €60k
Equity
€31k▲ 129%
Debt
€29k▼ 49.0%
The debt ratio falls from 81.0% to 48.7%: equity grows while debt is paid down.
Key figures and ratios
Solvency
51.3%▲
2024 · 19.0%
Current ratio
3.57▲
2024 · 1.25
Quick ratio
3.57▲
2024 · 1.25
Debt / equity
0.95▼
2024 · 4.25
ROE
82.4%▲
2024 · 77.6%
ROA
42.2%▲
2024 · 14.8%
Debt
€29k▼
2024 · €57k
Debt ≤ 1 year
€17k▼
2024 · €56k
Income taxes
€6k▲
2024 · €4k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€70k€60k▼
Fixed assets21/28-€300
Financial fixed assets28-€300
Current assets29/58€70k€59k▼
Amounts receivable within one year40/41€61k€59k▼
Trade receivables40€30k€49k▲
Other amounts receivable41€32k€9k▼
Cash at bank and in hand54/58€7k€711▼
Deferred charges and accrued income490/1€2k€141▼
Equity and liabilities
Total equity and liabilities10/49€70k€60k▼
Equity10/15€13k€31k▲
Contributions10/11€3k€3k=
Reserves13-€13k
Distributable reserves133-€13k
Profit (loss) carried forward14€10k€15k▲
Amounts payable17/49€57k€29k▼
Amounts payable within one year42/48€56k€17k▼
Trade debts44€52k€2k▼
Suppliers440/4€52k€2k▼
Taxes, remuneration and social security45€4k€7k▲
Taxes450/3€4k€7k▲
Other amounts payable47/48-€8k
Accrued charges and deferred income492/3€638€12k▲
Income statement
Code20242025
Other operating charges640/8€919€1k▲
Gross operating margin9900€16k€35k▲
Operating profit (loss)9901€15k€34k▲
Financial income75/76B€1k-
Recurring financial income75€1k-
Financial charges65/66B€2k€2k▲
Recurring financial charges65€2k€2k▲
Profit (loss) for the period before taxes9903€14k€31k▲
Income taxes67/77€4k€6k▲
Profit (loss) for the period9904€10k€25k▲
Profit (loss) for the period to be appropriated9905€10k€25k▲
Appropriation of the result
Profit (loss) to be appropriated9906€10k€36k▲
Profit (loss) brought forward from the previous period14P-€10k
Transfer to equity691/2-€13k
To other reserves6921-€13k
Profit to be distributed694/7-€8k
Directors or managers695-€8k
The notes to these accounts (3 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
21-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Liquidity triplescurrent ratio 3.57
Current ratio from 1.25 to 3.57; short-term debt falls from €56k to €17k.
29-04
NBB filing
Annual accounts filed
fiscal year 2024 · 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, Grimbergen · 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.
Jozef Van Elewijckstraat 221853 GrimbergenGround area
1,008 m²
Building footprint
220 m²
Volume, LiDAR
2,664 m³
2 parcels, Brussels, Flanders · tallest building 14.3 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
MEDAN CONSTRUCT
since 20232.354.594.034
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23084A0526/00N004 | Flanders | 688 m² | 1 · 220 m² | 14.3 m · 4 fl. |
| 21526D0038/00C004 | Brussels | 320 m² | - | - |
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.
Similar companies · same sector, comparable size
RM PLOMBERIE CHAUFFAGE
BE 0732.544.295
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FRIENDS CONSTRUCTION
BE 0763.335.065
Ternat · Eq €31k
Bouwonderneming Helsmoortel
BE 0783.980.229
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VERDI
BE 0477.712.033
Gent · Eq €31k
D'hooge Solutions
BE 1006.204.556
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Of 29,531 companies in sector 41001 we hold annual accounts for 15,868. 12,308 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-12-2023
Fiscal year end30-09
Activities, NACEBEL
41001General construction of residential buildings
43211General electrical installation work
43221Plumbing work
43341Painting of buildings
43910Bricklaying and masonry work
43994Specialised construction activities
81220Other building cleaning and industrial cleaning
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.