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MEDDET

Active Public limited companyfounded 1989active for 37 yearsTisselrietweg 31, 3910 PeltKBO/BCE: BE 0437.664.394 #5 oldest company in Pelt, Professional and technical services sector

Lifetime

20 annual accounts with figures on one time axis, 37 filings since 1989
peak €148,617 (2024)
€90,974▼ 38.8%
lowest -€699,052 (2008)
€303,738▼ 30.3%
peak -€278,291 (2007)
-€1.5m▲ €303,738
€5.7m▼ 38.3%
Board4 names since 1986
4 directors and 3 others
Documentsfilings and deeds
16-07-202615 days before the deadline
2025micro format
Gross margin from €148,617 to €90,974Result from €435,795 to €303,738Equity from -€1.8m to -€1.5mDebts from €9.2m to €5.7mCash from €10,537 to €3,951

Key points

from the 2025 annual accounts

Equity

-€1.5m
202020212022202320242025

Debts exceed assets in financial year 2025.

Profit

13 years
20182019202020212022202320242025

13 profitable years in a row. Profit 2025: €303,738.

Turnover

≈ €180,000 estimated

The accounts state no turnover.

Debts

€5.7m 137% of the balance sheet
Financial debts 98%Suppliers 0%Taxes and wages 0%Other 2%

Of this, €1.1m falls due within a year.

Investments

€253,002 5.9 × depreciation
20212022202320242025

Green is investment, beige is depreciation. Machinery stands 18792.1% higher than in 2024.

Position in the sector

-€1.5m

Less equity than 95% of companies in head offices and management consultancy. Sector median €79,320 · 41,285 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 317 companies had the same profile as MEDDET has now. Each dot is one company, two years later.

91.8%
were still trading
4.1%
stopped another way
1.6%
went bankrupt
  • Small
  • 20 years or older
  • negative equity
  • a profit of 5% of the balance sheet or more

Another 2.5% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 317 companies, not a prediction for MEDDET. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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Signals

Board and ownership

Managing director
Managing director
Director, since 07-06-1989
Director, since 07-06-1989

Shares in 1 company, .

Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0437664394
2 directors reappointed Changes of role: (gedelegeerd bestuurder belast met het dagelijks bestuur en de vertegenwoordiging met betrekking tot het dagelijks bestuur alsmede met de algemene vertegenwoordigingsbevoegdheid) and (gedelegeerd bestuurder belast met het dagelijks bestuur en de vertegenwoordiging met betrekking tot het dagelijks bestuur alsmede met de algemene vertegenwoordigingsbevoegdheid) · Reappointments: and · Director discharge: · General meeting of 03-07-2024 · Gazette deed
2 directors appointed, 2 reappointments Reappointments: and · Appointments: (managing director) and (managing director) · General meeting of 05-05-2018 · Gazette deed
Amendment of the articles Capital of €62,000, 1,250 shares · General meeting of 18-12-2013 · Gazette deed
All 47 events

Comparable companies

same main activity, similar in size and age
Company
MEDDET Pelt €4.2m €90,974 -36.5% -
CRESCENZA Brasschaat €4.2m €98,291 89.5% -
LECOVA Tielt €3.9m €100,579 94.1% -
LAURENT VERHELST Hamme (Vl.) €3.9m €97,966 51.4% -
INFOLINK Ypres €4.8m €98,534 37.4% -
MAHAUX CONSULTS Tubize €4.4m €76,977 59.8% -
PHITORIA Ixelles €4.3m €100,741 44.4% -

These companies have the same main activity as MEDDET: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €3.9m and €4.8m, founded between 1988 and 1993.

Official details

Source: KBO
Status
Active since 07-06-1989Normal situation
Activity
Business and other management consultancyNACE 70200
Establishment unit
2.043.963.9073910 Pelt, since 30-06-1989
Financial year end
31 December
Peppol
Reachable since 21-10-2026
Company details

Annual accounts 2025

€4.2m▼ 43.6%
Filing
Filed on 16-07-2026, 15 days before the end of the filing period
Financials

Insights on MEDDET

MEDDET files the micro format. That format states no turnover. The gross margin rose from -€12,880 in 2006 to €90,974 in 2025.

In August 2024, the Official Gazette published the appointment of as managing director.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about MEDDET

What is the company number of MEDDET?
The company number of MEDDET is 0437.664.394. The VAT number is the same number with BE in front: BE 0437.664.394.
Where is MEDDET based?
The registered office is at Tisselrietweg 31, 3910 Pelt.Company details
What does MEDDET do?
According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
What is the legal form of MEDDET?
MEDDET is a public limited company (NV).
When was MEDDET founded?
MEDDET was founded on 07-06-1989.
Is MEDDET still active?
Yes, MEDDET is an active enterprise in the KBO register.
What is the turnover of MEDDET?
The turnover in financial year 2025 is ≈ €180,000. This figure is estimated from the gross margin of €90,974 and 138 comparable companies (NACE 70200). It probably lies between €140,000 and €240,000.Financials
Is MEDDET profitable?
In financial year 2025, MEDDET made a profit of €303,738.
Where can I find the annual accounts of MEDDET?
MEDDET filed 37 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of MEDDET due?
MEDDET must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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