MEDCO
ActiveMEDCO has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €684k and a net result of €117k. Equity is growing by ~11.4% per year across the filed fiscal years. Its solvency ranks better than 67% of 31544 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
85
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability84▲+5
Solvency97▼-3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €55k at 30 days acceptable
Liquidity ample (current ratio 3.81 against 31.38 in 2024; short-term debt: 24.6% and cash: 15.5% of total assets), and 27.6% 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○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← 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
72.4%
Return on assets
12.4%
Age of the figures
9 mo
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 · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-05-2026, 65 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
65 d early
2024
106 d early
2023
1 d early
2022
46 d early
2021
19 d early
2020
8 d early
2019
3 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€684k▼ 1.4%
2024 · €694k
2018: €333k
2019: €350k
2020: €406k
2021: €568k
2022: €601k
2023: €636k
2024: €694k
2018 → 2025
Total assets
€944k▲ 31.9%
2024 · €716k
2018: €337k
2019: €375k
2020: €541k
2021: €635k
2022: €655k
2023: €661k
2024: €716k
2018 → 2025
Net result
€117k▲ 101%
2024 · €58k
2018: €48k
2019: €49k
2020: €57k
2021: €162k
2022: €32k
2023: €35k
2024: €58k
2018 → 2025
Working capital
€653k▼ 3.1%
2024 · €674k
2018: €306k
2019: €318k
2020: €366k
2021: €530k
2022: €564k
2023: €602k
2024: €674k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€568k-€601k▲ 5.7%€636k▲ 5.8%€694k▲ 9.1%€684k▼ 1.4%
Operating result€239k-€46k▼ 80.8%€50k▲ 9.5%€67k▲ 34.4%€163k▲ 142%
Net result€162k-€32k▼ 80.0%€35k▲ 8.3%€58k▲ 65.6%€117k▲ 101%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 142% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €944k
Fixed assets
€59k▲ 198%
Current assets
€886k▲ 27.2%
Equity and liabilities €944k
Equity
€684k▼ 1.4%
Debt
€261k▲ 1,075%
The debt ratio rises from 3.1% to 27.6%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€177k▲
2024 · €81k
Cash flow
€130k▲
2024 · €72k
Solvency
72.4%▼
2024 · 96.9%
Current ratio
3.81▼
2024 · 31.38
Quick ratio
3.81▼
2024 · 31.38
Debt / equity
0.38▲
2024 · 0.03
ROE
17.1%▲
2024 · 8.4%
ROA
12.4%▲
2024 · 8.1%
Interest coverage
229.36▲
2024 · 172.66
Debt
€261k▲
2024 · €22k
Debt ≤ 1 year
€233k▲
2024 · €22k
Debt > 1 year
€28k
Income taxes
€58k▲
2024 · €30k
Staff costs
€48k▲
2024 · €45k
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€716k€944k▲
Fixed assets21/28€20k€59k▲
Tangible fixed assets22/27€20k€59k▲
Furniture and vehicles24€20k€59k▲
Current assets29/58€696k€886k▲
Amounts receivable after more than one year29€40k€0▼
Other amounts receivable291€40k€0▼
Amounts receivable within one year40/41€159k€210k▲
Trade receivables40€14k€90k▲
Other amounts receivable41€145k€120k▼
Current investments50/53€310k€520k▲
Cash at bank and in hand54/58€175k€147k▼
Deferred charges and accrued income490/1€12k€9k▼
Equity and liabilities
Total equity and liabilities10/49€716k€944k▲
Equity10/15€694k€684k▼
Contributions10/11€19k€19k=
Reserves13€551k€665k▲
Distributable reserves133€551k€665k▲
Profit (loss) carried forward14€124k€0▼
Amounts payable17/49€22k€261k▲
Amounts payable after more than one year17-€28k
Financial debts170/4-€28k
Amounts payable within one year42/48€22k€233k▲
Current portion of amounts payable after more than one year42€0€10k▲
Financial debts43€0€15k▲
Credit institutions430/8€0€15k▲
Trade debts44€5k€68k▲
Suppliers440/4€5k€68k▲
Taxes, remuneration and social security45€17k€13k▼
Taxes450/3€12k€8k▼
Remuneration and social security454/9€5k€5k▲
Other amounts payable47/48-€127k
Income statement
Code20242025
Remuneration, social security and pensions62€45k€48k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€13k▼
Other operating charges640/8€695€610▼
Gross operating margin9900€127k€225k▲
Operating profit (loss)9901€67k€163k▲
Financial income75/76B€21k€12k▼
Recurring financial income75€21k€12k▼
Financial charges65/66B€470€770▲
Recurring financial charges65€470€770▲
Profit (loss) for the period before taxes9903€88k€174k▲
Income taxes67/77€30k€58k▲
Profit (loss) for the period9904€58k€117k▲
Profit (loss) for the period to be appropriated9905€58k€117k▲
Appropriation of the result
Profit (loss) to be appropriated9906€179k€241k▲
Profit (loss) brought forward from the previous period14P€121k€124k▲
Transfer from equity791/2-€2k
Transfer to equity691/2€55k€116k▲
To other reserves6921€55k€116k▲
Profit to be distributed694/7-€127k
Return on contributions (dividend)694-€127k
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
Next filing, fiscal year 2026, expected by
2026
27-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
16-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
15-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €32k ▼80%
Net result drops to €32k, the lowest in the series; recovery starts the following year.
12-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €162k ▲185%
Operating result €239k, net result €162k, both a record.
31-12
Financial
Liquidity triplescurrent ratio 12.79
Current ratio from 4.63 to 12.79; short-term debt falls from €101k to €45k.
31-12
Financial
Equity above €500kEq €568k ▲39.8%
4 profitable years in a row build equity to €568k.
23-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
28-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
25-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
20-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
25-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Zoersel · 1 establishment unit since 2013
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.
Violetlaan 452980 ZoerselGround area
1,024 m²
Building footprint
188 m²
Volume, LiDAR
848 m³
Parcel 11017A0481/00C004, Flanders · tallest building 6.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MEDCO
since 20132.222.371.255
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11017A0481/00C004 | Flanders | 1,024 m² | 1 · 188 m² | 6.3 m · 2 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.
Similar companies · same sector, comparable size
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FEBELCARROSSERIE
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MANIMCOR
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Henning Consulting
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Of 82,524 companies in sector 70200 we hold annual accounts for 52,566. 31,783 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-09-2013
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
46711Wholesale of cars and light vans (up to 3.5 tonnes)
45112
46180Agents specialised in the wholesale of other particular products
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:michel.duerinck@telenet.be
Phone:0032/478557634