MEDEA
ActiveSummary
MEDEA has been active since 2000 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€46,723) and a net result of -€2,443. Equity is shrinking by about 8.1% per year across the filed financial years. Its solvency ranks better than 5% of 9,629 sector peers (NACE 82, financial year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Financials · financial year 2025, micro format
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result stays negative: a loss of €2,324 in 2025 against €3,654 in 2024; the loss shrinks.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 82, Office administrative, office support and other business support activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital.
Peer companies
Historical observationOf the 6,619 companies that looked in July 2024 the way this one looks now, 4.5% went bankrupt within 24 months and 84.4% are still going.
- Micro
- 20 years or older
- negative equity
- a loss of 10% of the balance sheet or more
A further 1.0% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.7% 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 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 6,619 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 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | - | - | €348 | €348 | €384 | €387 | - | - |
| Gross operating margin9900 | €413,462 | -€3,465 | -€5,800 | -€2,191 | -€982 | -€1,405 | -€3,267 | -€2,324 | ▲ 28.9% |
| Operating profit (loss)9901 | €410,916 | -€4,333 | -€6,148 | -€2,539 | -€1,329 | -€1,790 | -€3,654 | -€2,324 | ▲ 36.4% |
| Financial income75/76B | - | - | - | €10 | €0 | - | - | - | - |
| Recurring financial income75 | €15 | €0 | - | €10 | €0 | - | - | - | - |
| Financial charges65/66B | - | - | - | €82 | €126 | €150 | €162 | €120 | ▼ 26.4% |
| Recurring financial charges65 | €27 | €25 | €29 | €82 | €126 | €150 | €162 | €120 | ▼ 26.4% |
| Profit (loss) for the period before taxes9903 | €410,904 | -€4,358 | -€6,177 | -€2,611 | -€1,455 | -€1,940 | -€3,816 | -€2,443 | ▲ 36.0% |
| Income taxes67/77 | €1 | €0 | €4 | €0 | - | - | - | - | - |
| Profit (loss) for the period9904 | €410,903 | -€4,358 | -€6,182 | -€2,611 | -€1,455 | -€1,940 | -€3,816 | -€2,443 | ▲ 36.0% |
| Profit (loss) for the period to be appropriated9905 | €410,903 | -€4,358 | -€6,182 | -€2,611 | -€1,455 | -€1,940 | -€3,816 | -€2,443 | ▲ 36.0% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €3,792 | €669 | €635 | €567 | €449 | €410 | €439 | €376 | ▼ 14.4% |
| Current assets29/58 | €3,792 | €669 | €635 | €567 | €449 | €410 | €439 | €376 | ▼ 14.4% |
| Amounts receivable within one year40/41 | €1,605 | €374 | €369 | €369 | €369 | €369 | €369 | €369 | = |
| Other amounts receivable41 | - | - | - | €369 | €369 | €369 | €369 | €369 | = |
| Cash at bank and in hand54/58 | €2,187 | €295 | €266 | €198 | €80 | €41 | €70 | €7 | ▼ 90.0% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €3,792 | €669 | €635 | €567 | €449 | €410 | €439 | €376 | ▼ 14.4% |
| Equity10/15 | -€23,917 | -€28,276 | -€34,458 | -€37,069 | -€38,524 | -€40,464 | -€44,280 | -€46,723 | ▼ 5.5% |
| Contributions10/11 | €20,000 | €20,000 | - | €20,000 | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Profit (loss) carried forward14 | -€43,917 | -€48,276 | -€54,458 | -€57,069 | -€58,524 | -€60,464 | -€64,280 | -€66,723 | ▼ 3.8% |
| Amounts payable17/49 | €27,709 | €28,945 | €35,093 | €37,636 | €38,974 | €40,874 | €44,720 | €47,099 | ▲ 5.3% |
| Amounts payable within one year42/48 | €27,709 | €28,945 | €35,093 | €37,636 | €38,974 | €40,874 | €44,720 | €47,099 | ▲ 5.3% |
| Financial debts43 | - | - | - | €4 | €13 | €23 | €9 | - | - |
| Credit institutions430/8 | - | - | - | €4 | €13 | €23 | €9 | - | - |
| Trade debts44 | €809 | €1,494 | €0 | €623 | €348 | €0 | - | €345 | - |
| Suppliers440/4 | - | - | - | €623 | €348 | €0 | - | €345 | - |
| Other amounts payable47/48 | - | - | - | €37,009 | €38,614 | €40,851 | €44,711 | €46,755 | ▲ 4.6% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €410,903 | -€4,358 | -€6,182 | -€2,611 | -€1,455 | -€1,940 | -€3,816 | -€2,443 | ▲ 36.0% |
| Operating cash flow (approximation) | €410,903 | -€4,358 | -€6,182 | -€2,611 | -€1,455 | -€1,940 | -€3,816 | -€2,443 | ▲ 36.0% |
| Change in cash | - | -€1,892 | -€29 | -€68 | -€117 | -€40 | €30 | -€63 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 25 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 26-06-2026 | 2026-00205039 |
| 31-12-2024 | micro format | 02-07-2025 | 2025-00233057 |
| 31-12-2023 | micro format | 16-06-2024 | 2024-00146335 |
| 31-12-2022 | micro format | 18-06-2023 | 2023-00145597 |
| 31-12-2021 | micro format | 05-07-2022 | 2022-20157913 |
| 31-12-2020 | micro format | 25-06-2021 | 2021-26100101 |
| 31-12-2019 | micro format | 11-07-2020 | 2020-29900351 |
| 31-12-2018 | micro format | 21-08-2019 | 2019-52200179 |
| 31-12-2017 | micro format | 31-08-2018 | 2018-61900292 |
| 31-12-2016 | micro format | 28-08-2017 | 2017-55000346 |
Similar companies · same sector and region
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.