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MEDCOR

Active
Private limited companyfounded 20187 yrs activeHooiwegel(HEU) 14, 9070 Destelbergen, BelgiumKBO/BCE: BE 0712.550.815

MEDCOR has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €145k and a net result of €124k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 22% of 37959 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (low).

Checked score

Score 2024
70 / 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability93▼-7
Solvency48▲+20
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days acceptable
Liquidity ample (current ratio 6.24 against 2.34 in 2023; short-term debt: 14.4% and cash: 11% of total assets), but 77.3% 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 riskneutral
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 →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 7 years 0 10 y
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 37959 sector peers (2024).
NBB · sector comparison
Position among 37959 sector peers
Solvency
better than 22%
← weakest strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 6 filings
Deviation from the deadline
2025
not confirmed
2024
29 d late
2023
76 d early
2022
31 d late
2021
31 d late
2020
27 d late
2019
33 d late
← before the deadline after the deadline →
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity
€145k▲ 606%
2023 · €20k
2019: €19k 2020: €108k 2021: €260k 2022: €365k 2023: €20k
2019 → 2024
Total assets
€637k▼ 14.7%
2023 · €747k
2019: €552k 2020: €691k 2021: €818k 2022: €968k 2023: €747k
2019 → 2024
Net result
€124k▼ 37.8%
2023 · €200k
2019: €6k 2020: €144k 2021: €161k 2022: €118k 2023: €200k
2019 → 2024
Working capital
€482k▲ 28.3%
2023 · €376k
2019: €64k 2020: €132k 2021: €271k 2022: €426k 2023: €376k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€108k-€260k▲ 142%€365k▲ 40.4%€20k▼ 94.4%€145k▲ 606%
Operating result€187k-€220k▲ 17.3%€156k▼ 29.1%€268k▲ 72.2%€159k▼ 40.9%
Net result€144k-€161k▲ 11.7%€118k▼ 26.4%€200k▲ 68.9%€124k▼ 37.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€100k€200k€300kOperating result 2020: €187k€187kNet result 2020: €144k€144kOperating result 2021: €220k€220kNet result 2021: €161k€161kOperating result 2022: €156k€156kNet result 2022: €118k€118kOperating result 2023: €268k€268kNet result 2023: €200k€200kOperating result 2024: €159k€159kNet result 2024: €124k€124k20202021202220232024
The operating result falls in 2024; 2024 is 41% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €637k
Fixed assets €63k▼ 30.1%
Current assets €574k▼ 12.6%
Equity and liabilities €637k
Equity €145k▲ 606%
Debt €492k▼ 32.2%
The debt ratio falls from 97.3% to 77.3%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€188k
2023 · €298k
Cash flow
€154k
2023 · €229k
Solvency
22.7%
2023 · 2.7%
Current ratio
6.24
2023 · 2.34
Quick ratio
6.24
2023 · 2.34
Debt / equity
3.40
2023 · 35.50
ROE
85.8%
2023 · 975.7%
ROA
19.5%
2023 · 26.7%
Interest coverage
19.30
2023 · 23.20
Debt
€492k
2023 · €726k
Debt ≤ 1 year
€92k
2023 · €281k
Debt > 1 year
€400k
2023 · €445k
Income taxes
€38k
2023 · €64k
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 · 2024 against 2023
Balance sheet Code20232024
Assets
Total assets20/58€747k€637k
Fixed assets21/28€90k€63k
Tangible fixed assets22/27€90k€63k
Plant, machinery and equipment23€1k€3k
Furniture and vehicles24€89k€60k
Current assets29/58€657k€574k
Amounts receivable within one year40/41€50k€54k
Trade receivables40€50k€50k
Other amounts receivable41€30€4k
Current investments50/53-€450k
Cash at bank and in hand54/58€606k€70k
Equity and liabilities
Total equity and liabilities10/49€747k€637k
Equity10/15€20k€145k
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14-€124k
Amounts payable17/49€726k€492k
Amounts payable after more than one year17€445k€400k
Financial debts170/4€445k€400k
Amounts payable within one year42/48€281k€92k
Current portion of amounts payable after more than one year42€44k€45k
Trade debts44€14€564
Suppliers440/4€14€564
Taxes, remuneration and social security45€79k€46k
Taxes450/3€79k€46k
Other amounts payable47/48€159k€491
Income statement Code20232024
Non-recurring operating income76A€7k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€29k€30k
Other operating charges640/8€4k€1k
Non-recurring operating charges66A€856-
Gross operating margin9900€303k€189k
Operating profit (loss)9901€268k€159k
Financial income75/76B€8k€14k
Recurring financial income75€8k€14k
Financial charges65/66B€13k€10k
Recurring financial charges65€13k€10k
Profit (loss) for the period before taxes9903€264k€163k
Income taxes67/77€64k€38k
Profit (loss) for the period9904€200k€124k
Profit (loss) for the period to be appropriated9905€200k€124k
Appropriation of the result
Profit (loss) to be appropriated9906€544k€124k
Profit (loss) brought forward from the previous period14P€345k-
Profit to be distributed694/7€544k-
Return on contributions (dividend)694€544k-

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
29-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial Liquidity triplescurrent ratio 6.24
Current ratio from 2.34 to 6.24; short-term debt falls from €281k to €92k.
31-12
Financial Equity above €100kEq €145k ▲606%
6 profitable years in a row build equity to €145k.
16-05
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Highest result since 2019net €200k ▲68.9%
Operating result €268k, net result €200k, both a record.
31-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial Equity above €200kEq €260k ▲142%
3 profitable years in a row build equity to €260k.
27-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2020
31-12
Financial Equity above €100kEq €108k ▲474%
2 profitable years in a row build equity to €108k.
02-09
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 33 days late
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, Destelbergen · 2 establishment units since 2018
establishment All 2 establishment units on the map
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.

Hooiwegel(HEU) 149070 Destelbergen
Ground area
5,269 m²
Building footprint
215 m²
Volume, LiDAR
1,285 m³
2 parcels, Flanders · tallest building 9.4 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
MEDCOR
Hooiwegel(HEU) 14, 9070 DestelbergenComputing infrastructure, data processing, hosting and other information service activities
since 20182.288.231.285
Medcor
Burgemeester J.Cardonstraat 13, 9070 DestelbergenOther professional, scientific and technical activities
since 20242.359.457.296
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44028A0645/00A002 Flanders 4,942 m² 1 · 126 m² 9.4 m · 2 fl.
44013B0617/00C000 Flanders 327 m² 1 · 89 m² 7.3 m · 2 fl.
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.

Recognitions · licences · registrations

Legal Entity Identifier

875500BZXXC58GJIXO25
no longer live in the LEI register

Similar companies · same sector, comparable size

Of 82,569 companies in sector 70200 we hold annual accounts for 52,577. 40,852 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded24-10-2018
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
68310Real estate agency activities
68311Real estate activities
Sources
Crossroads Bank for EnterprisesNational Bank · 6 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.