MEDCOFI
BankruptcyThe KBO register records for MEDCOFI the legal situation: open bankruptcy (code 050); this is today's state according to the register itself, which carries no start date. The 2021 annual accounts show equity of €5k and a net result of €-4k.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 09-06-2022, 52 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
52 d early
2020
76 d late
← before the deadline
after the deadline →
Financials · fiscal year 2021, micro schema
Equity
€5k▼ 42.7%
2020 · €9k
2020: €9k
2020 → 2021
Total assets
€35k▲ 160%
2020 · €14k
2020: €14k
2020 → 2021
Net result
€-4k
2020 · €4k
2020: €4k
2020 → 2021
Working capital
€-10k▼ 2,201%
2020 · €-430
2020: €-430
2020 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021Trend
Equity€9k-€5k▼ 42.7%
Operating result€5k-€-1k
Net result€4k-€-4k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2021: a loss of €1k after €5k in 2020.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €35k
Fixed assets
€30k▲ 232%
Current assets
€5k▲ 16.9%
Equity and liabilities €35k
Equity
€5k▼ 42.7%
Debt
€30k▲ 515%
The debt ratio rises from 36.4% to 86.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€2k▼
2020 · €5k
Cash flow
€40▼
2020 · €4k
Solvency
14.0%▼
2020 · 63.6%
Current ratio
0.35▼
2020 · 0.91
Quick ratio
0.35▼
2020 · 0.91
Debt / equity
6.14
ROE
-74.4%▼
2020 · 41.9%
ROA
-10.4%▼
2020 · 26.6%
Interest coverage
7.18
Debt
€30k▲
2020 · €5k
Debt ≤ 1 year
€15k▲
2020 · €5k
Debt > 1 year
€15k
Income taxes
€2k▲
2020 · €1k
Staff costs
€0
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 · 2021 against 2020
Balance sheet
Code20202021
Assets
Total assets20/58€14k€35k▲
Fixed assets21/28€9k€30k▲
Tangible fixed assets22/27€4k€25k▲
Plant, machinery and equipment23-€4k
Leasing and similar rights25-€21k
Financial fixed assets28€5k€5k=
Current assets29/58€4k€5k▲
Amounts receivable within one year40/41€100€102▲
Other amounts receivable41-€102
Cash at bank and in hand54/58€4k€4k▼
Deferred charges and accrued income490/1-€2k
Equity and liabilities
Total equity and liabilities10/49€14k€35k▲
Equity10/15€9k€5k▼
Contributions10/11€5k€5k=
Reserves13€4k€4k=
Distributable reserves133-€4k
Profit (loss) carried forward14-€-4k
Amounts payable17/49€5k€30k▲
Amounts payable after more than one year17-€15k
Financial debts170/4-€15k
Amounts payable within one year42/48€5k€15k▲
Current portion of amounts payable after more than one year42-€5k
Trade debts44€107€1k▲
Suppliers440/4-€1k
Taxes, remuneration and social security45-€6k
Taxes450/3-€6k
Other amounts payable47/48-€3k
Accrued charges and deferred income492/3-€163
Income statement
Code20202021
Remuneration, social security and pensions62-€0
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€574€4k▲
Other operating charges640/8-€2k
Gross operating margin9900€6k€4k▼
Operating profit (loss)9901€5k€-1k▼
Financial charges65/66B-€348
Recurring financial charges65€39€348▲
Profit (loss) for the period before taxes9903€5k€-2k▼
Income taxes67/77€1k€2k▲
Profit (loss) for the period9904€4k€-4k▼
Profit (loss) for the period to be appropriated9905€4k€-4k▼
Appropriation of the result
Profit (loss) to be appropriated9906-€-4k
Transfer to equity691/2-€0
To other reserves6921-€0
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2022
09-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
15-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 76 days late
NBB filing
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, Brugge · 1 establishment unit since 2020
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.
Kartuizersstraat 1268310 BruggeGround area
497 m²
Building footprint
184 m²
Volume, LiDAR
1,238 m³
Parcel 31029C0591/00D003, Flanders · tallest building 10.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MEDCOFI
since 20202.301.926.103
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31029C0591/00D003 | Flanders | 497 m² | 1 · 184 m² | 10.1 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.
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Of 1,070 companies in sector 47741 we hold annual accounts for 644. 178 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-04-2020
Fiscal year end31-12
Activities, NACEBEL
47740Retail trade
47741Retail sale of medical and orthopaedic goods, excluding prescription glasses and lenses
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.