MEDCON
ActiveSummary
MEDCON has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €68,719 and a net result of -€2,049. Equity is growing by ~5% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.1% (low).
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Signals
This company filed its last 7 accounts on average 60 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (2)
History
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Financials · fiscal year 2024, micro schema
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Peer companies
Historical observationOf the 12,321 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 90% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a small loss
A further 0.6% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 1.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 12,321 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,470 | €20 | €202 | €202 | €182 | ▼ 9.9% |
| Other operating charges640/8 | - | €1,423 | €857 | €1,135 | €572 | ▼ 49.6% |
| Gross operating margin9900 | €37,728 | €16,451 | €8,222 | -€1,135 | -€2,966 | ▼ 161% |
| Operating profit (loss)9901 | €30,527 | €15,008 | €7,163 | -€2,472 | -€3,721 | ▼ 50.5% |
| Financial income75/76B | - | €4,969 | €5,870 | €3,829 | €4,052 | ▲ 5.8% |
| Recurring financial income75 | €4,884 | €4,969 | €5,870 | €3,829 | €4,052 | ▲ 5.8% |
| Financial charges65/66B | - | €1,102 | €834 | €708 | €1,663 | ▲ 135% |
| Recurring financial charges65 | €1,394 | €1,102 | €834 | €708 | €1,663 | ▲ 135% |
| Profit (loss) for the period before taxes9903 | €34,018 | €18,875 | €12,199 | €649 | -€1,331 | ▼ 305% |
| Income taxes67/77 | €11,081 | €6,961 | €5,366 | €2,007 | €718 | ▼ 64.2% |
| Profit (loss) for the period9904 | €22,937 | €11,914 | €6,833 | -€1,358 | -€2,049 | ▼ 50.8% |
| Profit (loss) for the period to be appropriated9905 | €22,937 | €11,914 | €6,833 | -€1,358 | -€2,049 | ▼ 50.8% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €112,271 | €116,842 | €106,055 | €92,517 | €93,686 | ▲ 1.3% |
| Fixed assets21/28 | €2,940 | €3,527 | €3,324 | €3,122 | €1,470 | ▼ 52.9% |
| Tangible fixed assets22/27 | €2,940 | €3,527 | €3,324 | €3,122 | €1,470 | ▼ 52.9% |
| Land and buildings22 | - | €1,470 | €1,470 | €1,470 | €0 | ▼ 100% |
| Furniture and vehicles24 | - | €2,057 | €1,854 | €1,652 | €1,470 | ▼ 11.0% |
| Current assets29/58 | €109,331 | €113,316 | €102,731 | €89,395 | €92,216 | ▲ 3.2% |
| Amounts receivable within one year40/41 | €98,646 | €101,830 | €93,412 | €55,566 | €78,555 | ▲ 41.4% |
| Trade receivables40 | - | €6,189 | €6,130 | €0 | - | - |
| Other amounts receivable41 | - | €95,641 | €87,282 | €55,566 | €78,555 | ▲ 41.4% |
| Cash at bank and in hand54/58 | €4,500 | €4,904 | €2,777 | €24,115 | €74 | ▼ 99.7% |
| Deferred charges and accrued income490/1 | - | €6,582 | €6,541 | €9,713 | €13,587 | ▲ 39.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €112,271 | €116,842 | €106,055 | €92,517 | €93,686 | ▲ 1.3% |
| Equity10/15 | €77,355 | €65,294 | €72,127 | €70,768 | €68,719 | ▼ 2.9% |
| Contributions10/11 | - | €10,200 | €10,200 | €10,200 | €10,200 | = |
| Reserves13 | €67,155 | €55,094 | €61,927 | €61,927 | €61,927 | = |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | - | €53,234 | €60,067 | €60,067 | €60,067 | = |
| Profit (loss) carried forward14 | - | €0 | €0 | -€1,358 | -€3,407 | ▼ 151% |
| Amounts payable17/49 | €34,916 | €51,549 | €33,929 | €21,749 | €24,967 | ▲ 14.8% |
| Amounts payable after more than one year17 | €0 | - | - | - | - | - |
| Amounts payable within one year42/48 | €34,916 | €51,549 | €33,259 | €21,079 | €24,579 | ▲ 16.6% |
| Current portion of amounts payable after more than one year42 | - | €0 | - | - | - | - |
| Financial debts43 | - | €1,088 | €0 | €6,570 | €14,657 | ▲ 123% |
| Credit institutions430/8 | - | €1,088 | €0 | €6,570 | €14,657 | ▲ 123% |
| Trade debts44 | €1,611 | €4,906 | €6,407 | €5,632 | €5,982 | ▲ 6.2% |
| Suppliers440/4 | - | €4,906 | €6,407 | €5,632 | €5,982 | ▲ 6.2% |
| Taxes, remuneration and social security45 | - | €28,772 | €26,852 | €8,877 | €3,940 | ▼ 55.6% |
| Taxes450/3 | - | €28,772 | €24,003 | €8,877 | €3,940 | ▼ 55.6% |
| Remuneration and social security454/9 | - | - | €2,848 | €0 | - | - |
| Other amounts payable47/48 | - | €16,783 | €0 | - | - | - |
| Accrued charges and deferred income492/3 | - | - | €670 | €670 | €387 | ▼ 42.2% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €22,937 | €11,914 | €6,833 | -€1,358 | -€2,049 | ▼ 50.8% |
| + Depreciation and write-downs630 | €5,470 | €20 | €202 | €202 | €182 | ▼ 9.9% |
| Operating cash flow (approximation) | €28,407 | €11,934 | €7,035 | -€1,156 | -€1,867 | ▼ 61.5% |
| Investment in fixed assets (approximation) | - | -€606 | €0 | €0 | €1,470 | - |
| Change in cash | - | €404 | -€2,127 | €21,338 | -€24,042 | ▼ 213% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24483D0347/00D002 | Flanders | 1,718 m² | 1 · 132 m² | 7.5 m · 2 fl. |
Linked by address, not proof of ownership
Identification & contact
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Register as of 28 September 2026 · Peppol Directory
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